<SEC-DOCUMENT>0001193125-26-088105.txt : 20260303
<SEC-HEADER>0001193125-26-088105.hdr.sgml : 20260303
<ACCEPTANCE-DATETIME>20260303160235
ACCESSION NUMBER:		0001193125-26-088105
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		196
CONFORMED PERIOD OF REPORT:	20251231
FILED AS OF DATE:		20260303
DATE AS OF CHANGE:		20260303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Anheuser-Busch InBev SA/NV
		CENTRAL INDEX KEY:			0001668717
		STANDARD INDUSTRIAL CLASSIFICATION:	MALT BEVERAGES [2082]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000
		STATE OF INCORPORATION:			C9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37911
		FILM NUMBER:		26713811

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BROUWERIJPLEIN 1
		CITY:			LEUVEN
		PROVINCE COUNTRY:   	C9
		BUSINESS PHONE:		32(0)16276018

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BROUWERIJPLEIN 1
		CITY:			LEUVEN
		PROVINCE COUNTRY:   	C9

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Newbelco SA/NV
		DATE OF NAME CHANGE:	20160304
</SEC-HEADER>
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<TYPE>20-F
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
<div style="display: none"><ix:header><ix:hidden><ix:nonNumeric name="dei:AmendmentFlag" contextRef="P01_01_2025To12_31_2025" id="ixv-78149">false</ix:nonNumeric><ix:nonNumeric name="dei:DocumentFiscalPeriodFocus" contextRef="P01_01_2025To12_31_2025" id="ixv-78150">FY</ix:nonNumeric><ix:nonNumeric name="dei:EntityCentralIndexKey" contextRef="P01_01_2025To12_31_2025" id="ixv-78151">0001668717</ix:nonNumeric><ix:footnote id="FN_647777" xml:lang="en-US">Amended to conform to the 2025 presentation.</ix:footnote><ix:footnote id="FN_647779" xml:lang="en-US">The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations.</ix:footnote><ix:footnote id="FN_647778" xml:lang="en-US">Amended to conform the 2025 presentation.</ix:footnote><ix:footnote id="FN_647768" xml:lang="en-US">The transfer (to)/from other asset categories and other movements relates mainly to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 Financial reporting in hyperinflationary economies.</ix:footnote><ix:footnote id="FN_647770" xml:lang="en-US">The net assets are converted at the respective closing rates of December.</ix:footnote><ix:footnote id="FN_647769" xml:lang="en-US">The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to the separate presentation in the statement of financial position of intangible assets held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 Financial reporting in hyperinflationary economies.</ix:footnote><ix:footnote id="FN_647775" xml:lang="en-US">The company is consolidated due to the group&#8217;s majority shareholders and ability to control the operations.</ix:footnote><ix:footnote id="FN_647772" xml:lang="en-US">Other operating income/(expenses) and Net finance income/(expense) include exceptional items.</ix:footnote><ix:footnote id="FN_647776" xml:lang="en-US">Related to Castel group.</ix:footnote></ix:hidden><ix:references><link:schemaRef xlink:type="simple" xlink:href="bud-20251231.xsd"/></ix:references><ix:resources><xbrli:context id="P01_01_2025To12_31_2025"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001668717</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-01-01</xbrli:startDate> 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<td style="width: 4%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><ix:nonNumeric name="dei:DocumentRegistrationStatement" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89492">&#9744;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="text-align: left; vertical-align: top;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 12pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g)&#160;OF THE SECURITIES EXCHANGE ACT OF 1934 </div></div></td></tr></table><div style="clear:both;max-height:0pt;text-indent: 0px;"></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">OR</div> </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 4%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><ix:nonNumeric name="dei:DocumentAnnualReport" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89493">&#9746;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
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<td style="width: 4%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><ix:nonNumeric name="dei:DocumentTransitionReport" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89497">&#9744;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
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<td style="width: 4%; text-align: left; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><ix:nonNumeric name="dei:DocumentShellCompanyReport" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89498">&#9744;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
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font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" id="ixv-89507">Brouwerijplein 1</ix:nonNumeric>, </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" id="ixv-89508">3000</ix:nonNumeric> <ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" id="ixv-89509">Leuven</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressCountry" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" format="ixt-sec:countrynameen" id="ixv-89510">Belgium</ix:nonNumeric> </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Telephone No.: <ix:nonNumeric name="dei:CityAreaCode" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" id="ixv-89511">+ 32</ix:nonNumeric> <ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="P01_01_2025To12_31_2025_BusinessContactMemberdeiEntityAddressesAddressTypeAxis" id="ixv-89512">16 276 888</ix:nonNumeric> </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;">Email: <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Corporategovernance@ab-inbev.com</div> </div><div style="text-align: center; font-family: Times New Roman; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;">(Name, Telephone, <div style="white-space: nowrap; 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<tr>
<td style="width: 34%; font-family: &quot;Times New Roman&quot;;"/>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"/>
<td style="width: 32%; font-family: &quot;Times New Roman&quot;;"/>
<td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"/>
<td style="width: 32%; font-family: &quot;Times New Roman&quot;;"/></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Title of each class</div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trading</div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">symbol</div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Name of each exchange</div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">on which registered</div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;"/>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_OrdinarySharesMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89514">New York Stock Exchange</ix:nonNumeric>*</div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89516">BUD</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89517">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89518">3.750% Notes due 2042 (issued July 2012)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89519">BUD42A</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89520">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89521">4.000% Notes due 2043 (issued January 2013)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89522">BUD/43</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89523">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89524">4.625% Notes due 2044 (issued January 2014)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89525">BUD/44</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89526">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89527">4.700% Notes due 2036 (issued January 2016)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89528">BUD/36</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89529">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89530">4.900% Notes due 2046 (issued January 2016)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89531">BUD/46</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89532">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89533">4.950% Notes due 2042 (issued December 2016)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89534">BUD/42</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89535">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89536">6.625% Notes due 2033 (issued December 2016)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89537">BUD/33</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89538">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89539">5.875% Notes due 2035 (issued December 2016)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89540">BUD/35</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89541">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89542">4.375% Notes due 2038 (issued April 2018)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89543">BUD/38</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89544">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89545">4.600% Notes due 2048 (issued April 2018)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89546">BUD/48A</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89547">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89548">4.750% Notes due 2058 (issued April 2018)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89549">BUD/58</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89550">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89551">4.750% Notes due 2029 (issued January 2019)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89552">BUD/29</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89553">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89554">4.900% Notes due 2031 (issued January 2019)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89555">BUD/31</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89556">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89557">5.450% Notes due 2039 (issued January 2019)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89558">BUD/39A</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89559">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89560">5.550% Notes due 2049 (issued January 2019)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89561">BUD/49</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89562">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89563">5.800% Notes due 2059 (issued January 2019)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89564">BUD/59</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89565">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89566">3.500% Notes due 2030 (issued April 2020)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89567">BUD/30</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89568">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89569">4.350% Notes due 2040 (issued April 2020)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89570">BUD/40</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89571">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89572">4.500% Notes due 2050 (issued April 2020)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89573">BUD/50</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89574">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89575">4.600% Notes due 2060 (issued April 2020)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89576">BUD/60</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89577">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P01_01_2025To12_31_2025_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89578">5.000% Notes due 2034 (issued March 2024)</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P01_01_2025To12_31_2025_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMemberifrsfullClassesOfShareCapitalAxis" id="ixv-89579">BUD/34</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="text-align: center; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P01_01_2025To12_31_2025_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMemberifrsfullClassesOfShareCapitalAxis" format="ixt-sec:exchnameen" id="ixv-89580">New York Stock Exchange</ix:nonNumeric></div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Times New Roman; font-size: 10pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%; text-align: left; vertical-align: top;">*</td>
<td style="text-align: left; vertical-align: top;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="dei:NoTradingSymbolFlag" contextRef="P01_01_2025To12_31_2025_OrdinarySharesMemberifrsfullClassesOfShareCapitalAxis" format="ixt:fixed-true" id="ixv-89581">No</ix:nonNumeric>t for trading, but in connection with the registration of American Depositary Shares, pursuant to the requirements of the Securities and Exchange Commission. </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Securities registered or to be registered pursuant to Section&#160;12(g) of the <div style="display:inline;">Act</div>. </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">None </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Title of Class) </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Securities for which there is a reporting obligation pursuant to Section&#160;15(d) of the Act. </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">None </div></div><div style="text-align: center; font-family: Times New Roman; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Title of Class) </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Indicate the number of outstanding shares of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered by the annual report. </div></div><div style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><ix:nonFraction name="dei:EntityCommonStockSharesOutstanding" contextRef="PAsOn12_31_2025" unitRef="Unit_shares" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-89582">1,797,199,994</ix:nonFraction> ordinary shares without nominal value </div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.&#8195;</div></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;<ix:nonNumeric name="dei:EntityWellKnownSeasonedIssuer" contextRef="P01_01_2025To12_31_2025" id="ixv-89583">Yes</ix:nonNumeric>&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;No </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section&#160;13 or 15(d) of the Securities Exchange Act of 1934.&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Yes&#8195;</div></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;<ix:nonNumeric name="dei:EntityVoluntaryFilers" contextRef="P01_01_2025To12_31_2025" id="ixv-89584">No</ix:nonNumeric> </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Note &#8211; Checking the box above will not relieve any registrant required to file reports pursuant to Section&#160;13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections. </div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark whether the registrant (1)&#160;has filed all reports required to be filed by Section&#160;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)&#160;has been subject to such filing requirements for the past 90 days.&#8195;</div></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;<ix:nonNumeric name="dei:EntityCurrentReportingStatus" contextRef="P01_01_2025To12_31_2025" id="ixv-89585">Yes</ix:nonNumeric>&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;No </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-T</div> (&#167; 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).&#8195;</div></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;<ix:nonNumeric name="dei:EntityInteractiveDataCurrent" contextRef="P01_01_2025To12_31_2025" id="ixv-89586">Yes</ix:nonNumeric>&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;No </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-accelerated</div> filer, or an emerging growth company. See definition of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; and &#8220;emerging growth company&#8221; in Rule <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">12b-2</div> of the Exchange Act. (Check one): </div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 20%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td style="width: 19%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td style="width: 13%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td style="width: 19%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td style="width: 22%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td style="width: 2%;"/></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="dei:EntityFilerCategory" contextRef="P01_01_2025To12_31_2025" format="ixt-sec:entityfilercategoryen" id="ixv-89587">Large accelerated filer</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="text-align: right; vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Accelerated&#160;filer</div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-accelerated</div> filer</div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td></tr>
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<td style="height: 6pt;"/>
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<td style="vertical-align: bottom;"/>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom;"/>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"/>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Emerging&#160;growth&#160;company</div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89588">&#9744;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards&#8224; provided pursuant to Section&#160;13(a) of the Exchange Act.&#8194;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#8224; The term &#8220;new or revised financial accounting standard&#8221; refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April&#160;5, 2012. </div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark whether the registrant has filed a report on and attestation to its management&#8217;s assessment of the effectiveness of its internal control over financial reporting under Section&#160;404(b) of the Sarbanes-Oxley Act (15 U.S.C. 762(b)) by the registered public accounting firm that prepared or issued its audit report.&#8194;</div></div><ix:nonNumeric name="dei:IcfrAuditorAttestationFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89589">&#9746;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If securities are registered pursuant to Section&#160;12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.&#8194;</div></div><ix:nonNumeric name="dei:DocumentFinStmtErrorCorrectionFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89590">&#9744;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant&#8217;s executive officers during the relevant recovery period pursuant to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">&#167;240.10D-1(b).&#8194;</div></div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">U.S. GAAP&#8194;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;<ix:nonNumeric name="dei:DocumentAccountingStandard" contextRef="P01_01_2025To12_31_2025" id="ixv-89591">International Financial Reporting Standards</ix:nonNumeric> as issued</div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;by the International Accounting Standards Board</div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>&#9746;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
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<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="text-align: right; vertical-align: top;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Other&#8194;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If &#8220;Other&#8221; has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. N/A&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Item&#160;17&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Item&#160;18 </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">12b-2</div> of the Exchange Act).&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Yes&#8195;</div></div><ix:nonNumeric name="dei:EntityShellCompany" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89592">&#9746;</ix:nonNumeric><div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;No </div></div></div><div style="font-family: Times New Roman; font-size: 10pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS) </div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section&#160;12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. N/A&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Yes&#8195;</div></div>&#9744;<div style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;No </div></div></div><div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="line-height: 3pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div><div style="line-height: 3pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div><hr style="color:#999999;height:3px;width:100%;clear:both"/>


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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center" id="toc">TABLE OF CONTENTS </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="border-bottom:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Page</span></td>
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<td style="vertical-align:top" colspan="3"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><a href="#txa65314_1">GENERAL INFORMATION</a></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">i</td>
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<td style="vertical-align:top" colspan="3"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><a href="#txa65314_2">PRESENTATION OF FINANCIAL AND OTHER DATA</a></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">i</td>
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<td style="vertical-align:top" colspan="3"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><a href="#txa65314_3">PRESENTATION OF MARKET INFORMATION</a></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">ii</td>
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<td style="vertical-align:top" colspan="3"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><a href="#txa65314_4">FORWARD-LOOKING STATEMENTS</a></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">ii</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 1.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_5">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_6">DIRECTORS AND SENIOR MANAGEMENT</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_7">ADVISERS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_8">AUDITORS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 2.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_9">OFFER STATISTICS AND EXPECTED TIMETABLE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_10">OFFER STATISTICS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_11">METHOD AND EXPECTED TIMETABLE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 3.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_12">KEY INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_13">[RESERVED]</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_14">CAPITALIZATION AND INDEBTEDNESS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_15">REASONS FOR THE OFFER AND USE OF PROCEEDS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_16">RISK FACTORS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 4.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_17">INFORMATION ON THE COMPANY</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_18">HISTORY AND DEVELOPMENT OF THE COMPANY</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_19">BUSINESS OVERVIEW</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">32</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_20">ORGANIZATIONAL STRUCTURE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_21">PROPERTY, PLANTS AND EQUIPMENT</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;4A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_22">UNRESOLVED STAFF COMMENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 5.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_23">OPERATING AND FINANCIAL REVIEW</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_24">KEY FACTORS AFFECTING RESULTS OF OPERATIONS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">66</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_25">SIGNIFICANT ACCOUNTING POLICIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">72</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_26">BUSINESS SEGMENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_27">EQUITY INVESTMENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">E.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_28">RESULTS OF OPERATIONS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">F.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_29">IMPACT OF CHANGES IN FOREIGN EXCHANGE RATES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">94</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">G.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_30">CONTRACTUAL OBLIGATIONS AND CONTINGENCIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">95</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">H.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_31">LIQUIDITY AND CAPITAL RESOURCES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">97</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 6.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_32">DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">110</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_33">DIRECTORS AND SENIOR MANAGEMENT</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">110</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_34">COMPENSATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">122</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_35">BOARD PRACTICES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">141</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_36">EMPLOYEES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">143</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-i- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:9%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:86%"/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">E.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_37">SHARE OWNERSHIP</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">144</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">F.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_38">DISCLOSURE OF A REGISTRANT&#8217;S ACTION TO RECOVER ERRONEOUSLY AWARDED COMPENSATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">145</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 7.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_39">MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">145</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_40">MAJOR SHAREHOLDERS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">145</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_41">RELATED PARTY TRANSACTIONS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">149</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_42">INTERESTS OF EXPERTS AND COUNSEL</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">151</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 8.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_43">FINANCIAL INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">151</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_44">CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">151</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_45">SIGNIFICANT CHANGES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 9.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_46">THE OFFER AND LISTING</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_47">OFFER AND LISTING DETAILS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_48">PLAN OF DISTRIBUTION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_49">MARKETS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">164</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_50">SELLING SHAREHOLDERS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">165</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">E.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_51">DILUTION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">165</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">F.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_52">EXPENSES OF THE ISSUE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">165</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 10.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_53">ADDITIONAL INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">165</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_54">SHARE CAPITAL</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">165</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_55">MEMORANDUM AND ARTICLES OF ASSOCIATION AND OTHER SHARE INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">166</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_56">MATERIAL CONTRACTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">175</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_57">EXCHANGE CONTROLS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">177</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">E.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_58">TAXATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">177</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">F.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_59">DIVIDENDS AND PAYING AGENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">185</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">G.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_60">STATEMENT BY EXPERTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">185</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">H.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_61">DOCUMENTS ON DISPLAY</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">185</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">I.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_62">SUBSIDIARY INFORMATION</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">186</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">J.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_63">ANNUAL REPORT TO SECURITY HOLDERS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">186</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 11.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_64">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">186</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 12.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_65">DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_66">DEBT SECURITIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_67">WARRANTS AND RIGHTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_68">OTHER SECURITIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_69">AMERICAN DEPOSITARY SHARES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 13.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_70">DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">193</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 14.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_71">MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">193</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 15.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_72">CONTROLS AND PROCEDURES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">193</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-ii- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:9%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:86%"/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/></tr>
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<td style="height:6pt"/>
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<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 16.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_73">[RESERVED]</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">194</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16A.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_74">AUDIT COMMITTEE FINANCIAL EXPERT</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">194</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16B.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_75">CODE OF ETHICS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">194</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16C.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_76">PRINCIPAL ACCOUNTANT FEES AND SERVICES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">194</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16D.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_77">EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">195</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16E.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_78">PURCHASES OF EQUITY SECURITIES BY THE ISSUER</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">195</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16F.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_79">CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">196</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16G.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_80">CORPORATE GOVERNANCE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">196</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16H.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_81">MINE SAFETY DISCLOSURE</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">197</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16I.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_82">DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">197</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16J.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_83">INSIDER TRADING POLICIES</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">198</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM&#160;16K.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_84">CYBERSECURITY</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">198</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 17.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_85">FINANCIAL STATEMENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">201</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 18.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_86">FINANCIAL STATEMENTS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">201</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ITEM 19.</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"><a href="#txa65314_87">EXHIBITS</a></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">201</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&#160;</p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-iii- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold" id="txa65314_1">GENERAL INFORMATION </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In this annual report on <span style="white-space:nowrap">Form&#160;20-F</span> (&#8220;<span style="font-weight:bold">Form</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;20</span><span style="font-weight:bold"><span style="white-space:nowrap">-F</span></span>&#8221;) references to: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-weight:bold">&#8220;AB InBev</span>,&#8221; &#8220;<span style="font-weight:bold">we</span>,&#8221; &#8220;<span style="font-weight:bold">us</span>&#8221;, &#8220;<span style="font-weight:bold">our</span>&#8221; and &#8220;<span style="font-weight:bold">the company</span>&#8221; are, as the context requires, to Anheuser-Busch InBev SA/NV (formerly Newbelco SA/NV) or Anheuser-Busch InBev SA/NV and the group of companies owned and/or controlled by Anheuser-Busch InBev SA/NV and consolidated into our results, including to the predecessor Anheuser-Busch InBev SA/NV or Anheuser-Busch InBev SA/NV and the group of companies owned and/or controlled by Anheuser-Busch InBev SA/NV prior to the completion of the combination with SAB on 10&#160;October 2016; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">AB InBev Group</span>&#8221; are to Anheuser-Busch InBev SA/NV and the group of companies owned and/or controlled by Anheuser-Busch InBev SA/NV; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Ambev</span>&#8221; are to Ambev S.A., a Brazilian company listed on the New York Stock Exchange and on the S&#227;o Paulo Stock Exchange, and successor of Companhia de Bebidas das Am&#233;ricas&#8212;Ambev; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Anheuser-Busch</span>&#8221; are to Anheuser-Busch Companies, LLC, and the group of companies owned and/or controlled by Anheuser-Busch Companies, LLC, as the context requires; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Beyond Beer</span>&#8221; are to our portfolio of alternative beverages which are designed to address evolving consumer tastes and include offerings such as spirits-based <span style="white-space:nowrap"><span style="white-space:nowrap">ready-to-drink</span></span> (&#8220;<span style="font-weight:bold">RTD</span>&#8221;) cocktails, malt-based RTDs, flavored beverages, hard seltzers, spritzers and similar offerings. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Budweiser APAC</span>&#8221; are to Budweiser Brewing Company APAC Limited, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Grupo Modelo</span>&#8221; are to Cervecer&#237;a Modelo de M&#233;xico, S. de R.L. de C.V., a Mexican limited liability company, and the group of companies owned and/or controlled by Cervecer&#237;a Modelo de M&#233;xico, S. de R.L. de C.V.; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Ordinary Shares</span>&#8221; are to ordinary shares without nominal value issued by Anheuser-Busch InBev SA/NV; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">Restricted Shares</span>&#8221; are to shares without nominal value issued by Anheuser-Busch InBev SA/NV to former SAB shareholders in connection with the combination with SAB, which are unlisted, not admitted to trading on any stock exchange and convertible into Ordinary Shares at the election of the holder since 11&#160;October 2021; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">SAB</span>&#8221; are, as the context requires, to ABI SAB Group Holding Limited (formerly SABMiller Limited and prior to that SABMiller plc) or to ABI SAB Group Holding Limited and the group of companies owned and/or controlled by ABI SAB Group Holding Limited prior to the combination between AB InBev and ABI SAB Group Holding Limited on 10&#160;October 2016; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">&#8220;<span style="font-weight:bold">SAB Group</span>&#8221; are to ABI SAB Group Holding Limited and the group of companies owned and/or controlled by ABI SAB Group Holding Limited. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">When we discuss consumers of our products that contain alcohol, this is in reference to consumers of legal drinking age in their respective jurisdictions. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold" id="txa65314_2">PRESENTATION OF FINANCIAL AND OTHER DATA </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have prepared our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board, and in conformity with IFRS Accounting Standards as adopted by the European Union (&#8220;<span style="font-weight:bold">IFRS</span>&#8221;). Unless otherwise specified, the financial information analysis in this <span style="white-space:nowrap">Form&#160;20-F</span> is based on our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. Unless otherwise specified, all financial information included in this <span style="white-space:nowrap">Form&#160;20-F</span> has been stated in U.S. dollars. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All references in this <span style="white-space:nowrap">Form&#160;20-F</span> to (i) &#8220;<span style="font-weight:bold">Euro</span>&#8221; or &#8220;<span style="font-weight:bold">EUR</span>&#8221; are to the common currency of the EU, (ii) &#8220;<span style="font-weight:bold">U.S. dollar</span>,&#8221; &#8220;<span style="font-weight:bold">$</span>&#8221; or &#8220;<span style="font-weight:bold">USD</span>&#8221; are to the currency of the United States of America, (iii) &#8220;<span style="font-weight:bold">CAD</span>&#8221; (Canadian dollar) are to the currency of Canada, (iv) &#8220;<span style="font-weight:bold">R$</span>&#8221;, &#8220;<span style="font-weight:bold">BRL</span>&#8221;, &#8220;<span style="font-weight:bold">real</span>&#8221; or &#8220;<span style="font-weight:bold">reais</span>&#8221; are to the currency of Brazil, (v) &#8220;<span style="font-weight:bold">GBP</span>&#8221; (pound sterling) are to the currency of the United Kingdom, (vi) &#8220;<span style="font-weight:bold">AUD</span>&#8221; (Australian dollar) are to the currency of the Commonwealth of Australia, (vii) &#8220;<span style="font-weight:bold">MXN</span>&#8221; (Mexican peso) are to the currency of Mexico, (viii) &#8220;<span style="font-weight:bold">ZAR</span>&#8221; (South African rand) are to the currency of South Africa, (ix) &#8220;<span style="font-weight:bold">COP</span>&#8221; (Colombian peso) are to the currency of Colombia, (x) &#8220;<span style="font-weight:bold">PEN</span>&#8221; (Peruvian sol) are to the currency of Peru, (xi) &#8220;<span style="font-weight:bold">ARS</span>&#8221; (Argentine peso) are to the currency of Argentina, (xii) &#8220;<span style="font-weight:bold">CNY</span>&#8221; (Chinese yuan) are to the currency of China, (xiii) &#8220;<span style="font-weight:bold">DOP</span>&#8221; (Dominican peso) are to the currency of the Dominican Republic, (xiv) &#8220;<span style="font-weight:bold">KRW</span>&#8221; (South Korean won) are to the currency of South Korea, and (xv) &#8220;<span style="font-weight:bold">TSh</span>&#8221; (Tanzanian shilling) are to the currency of Tanzania. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless otherwise specified, volumes, as used in this <span style="white-space:nowrap">Form&#160;20-F,</span> include beer and <span style="white-space:nowrap">non-beer</span> (primarily carbonated soft drinks, spirits-based beverages and energy drinks) volumes. In addition, unless otherwise specified, our volumes include not only brands that we own or license, but also third-party brands that we brew and sell, and third-party products that we sell through our distribution network. Unless otherwise specified, our volume figures in this <span style="white-space:nowrap">Form&#160;20-F</span> reflect 100% of the volumes of entities that we fully consolidate in our financial reporting, but do not include volumes of our associates, joint ventures or <span style="white-space:nowrap">non-consolidated</span> entities. Under the principles of IFRS, associates are undertakings in which we have significant influence over the financial and operating policies, but which we do not control, generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which we have joint control, whereby we have rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. For more information on the principles of consolidation under our accounting policies, refer to note 3 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold" id="txa65314_3">PRESENTATION OF MARKET INFORMATION </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Market information (including market share, volume share, market position, brand power of our portfolio, industry data for our brands, operating activities and those of our subsidiaries or of companies acquired by us) or other statements presented in this <span style="white-space:nowrap">Form&#160;20-F</span> regarding our position (or that of companies acquired by us) relative to our competitors largely reflect the best estimates of our management. These estimates are based upon information obtained from customers, trade or business organizations and associations, other contacts within the industries in which we operate and, in some cases, upon published statistical data or information from independent third parties. Except as otherwise stated, our market share data, as well as our management&#8217;s assessment of our comparative competitive position, has been derived by comparing our sales figures for the relevant period to our management&#8217;s estimates of our competitors&#8217; sales figures for such period, as well as upon published statistical data and information from independent third parties, and, in particular, the reports published and the information made available by, among others, the local brewers&#8217; associations and the national statistics bureaus in the various countries in which we sell our products. The principal sources used include NielsenIQ, Circana, Scentia, TrueData, Frontline, Euromonitor, IWSR, local brewers&#8217; associations and national statistics bureaus. The brand power of our portfolio of beer and <span style="white-space:nowrap">non-beer</span> brands is assessed based on data published by Kantar and Kantar BrandZ<sup style="font-size:75%; vertical-align:top">TM</sup>.<span style="font-style:italic"> </span>You should not rely on the market share and other market information presented herein as precise measures of market share or of other actual conditions. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold" id="txa65314_4">FORWARD-LOOKING STATEMENTS </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are statements in this <span style="white-space:nowrap">Form&#160;20-F,</span> such as statements that include the words or phrases &#8220;<span style="font-style:italic">will likely result</span>,&#8221; &#8220;<span style="font-style:italic">are expected to</span>,&#8221; &#8220;<span style="font-style:italic">will continue</span>,&#8221; &#8220;<span style="font-style:italic">is anticipated</span>,&#8221; &#8220;<span style="font-style:italic">anticipate</span>,&#8221; &#8220;<span style="font-style:italic">estimate</span>,&#8221; &#8220;<span style="font-style:italic">project</span>,&#8221; &#8220;<span style="font-style:italic">may</span>,&#8221; &#8220;<span style="font-style:italic">might</span>,&#8221; &#8220;<span style="font-style:italic">could</span>,&#8221; &#8220;<span style="font-style:italic">believe</span>,&#8221; &#8220;<span style="font-style:italic">expect</span>,&#8221; &#8220;<span style="font-style:italic">plan</span>,&#8221; &#8220;<span style="font-style:italic">potential</span>,&#8221; &#8220;<span style="font-style:italic">we aim</span>,&#8221; &#8220;<span style="font-style:italic">our goal,&#8221; &#8220;our ambition,&#8221;</span> &#8220;<span style="font-style:italic">our vision</span>,&#8221; &#8220;<span style="font-style:italic">we intend</span>&#8221; or similar expressions that are forward-looking statements. These statements are subject to certain risks and uncertainties. Actual results may differ materially from those suggested by these statements due to, among others, the risks or uncertainties listed below. See also &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8221; for further discussion of risks and uncertainties that could impact our business. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict, that may cause actual results or developments to differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">global, regional and local economic weakness and uncertainty, including the risks of an economic downturn, recession, foreign exchange fluctuations, tariffs and/or inflationary pressures in one or more of our key markets, and the impact they may have on us, our customers and our suppliers and our assessment of that impact; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">continued geopolitical instability (including as a result of the ongoing conflict between Russia and Ukraine, and conflicts and developments in the Middle East and Latin America), which may have a substantial impact on the economies of one or more of our key markets and may result in, among other things, disruptions to global supply chains, increases in commodity and energy prices with <span style="white-space:nowrap">follow-on</span> inflationary impacts, and economic and political sanctions; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">financial risks, such as interest rate risk, foreign exchange rate risk (in particular as against the U.S. dollar, our reporting currency), commodity risk, asset price risk, equity market risk, counterparty risk, sovereign risk, liquidity risk, inflation or deflation, including inability to achieve our optimal net debt level; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">changes in government policies and currency controls; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">continued availability of financing and our ability to achieve our targeted coverage and debt levels and terms, including the risk of constraints on financing in the event of a credit rating downgrade; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the monetary and interest rate policies of central banks, in particular the European Central Bank, the Board of Governors of the U.S. Federal Reserve System, the Bank of England, <span style="font-style:italic">Banco Central do Brasil, Banco Central de la Rep&#250;blica Argentina</span>, the Central Bank of China, the South African Reserve Bank, <span style="font-style:italic">Banco de la Rep&#250;blica </span>in Colombia, the Bank of Mexico and other central banks; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">changes in applicable laws, regulations and taxes in jurisdictions in which we operate, including the laws and regulations governing our operations and changes to tax benefit programs, as well as actions or decisions of courts and regulators; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limitations on our ability to contain costs and expenses or increase our prices to offset increased costs; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">failure to meet our expectations with respect to expansion plans, growth, accretion to reported earnings, working capital improvements and investment income or cash flow projections; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">our ability to continue to introduce competitive new products and services on a timely, cost-effective basis; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the effects of competition and consolidation in the markets in which we operate, which may be influenced by regulation, deregulation or enforcement policies; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">changes in consumer preferences, spending and behavior; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">changes in pricing environments; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-iii- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">volatility in the availability or prices of raw materials, commodities and energy; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">damage to our reputation or the image and reputation of our brands; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">difficulties in maintaining relationships with employees; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">regional or general changes in asset valuations; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">greater than expected costs (including taxes) and expenses; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">climate change and other environmental concerns; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the risk of unexpected consequences resulting from acquisitions, joint ventures, strategic alliances, corporate reorganizations or divestiture plans, and our ability to successfully and cost-effectively implement these transactions and integrate the operations of businesses or other assets we have acquired; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the outcome of pending and future litigation, investigations and governmental proceedings; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">natural and other disasters, including widespread health emergencies, cyberattacks and military conflict and political instability; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">any inability to economically hedge certain risks; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">inadequate impairment provisions and loss reserves; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">technological disruptions, threats to cybersecurity and the risk of loss or misuse of personal data; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">other statements included in this annual report that are not historical; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">our success in managing the risks involved in the foregoing. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Many of these risks and uncertainties are, and will be, exacerbated by geopolitical instability and unpredictability and any worsening of the global business and economic environment as a result. Our statements regarding financial risks, including interest rate risk, foreign exchange rate risk, commodity risk, asset price risk, equity market risk, counterparty risk, sovereign risk, inflation and deflation, are subject to uncertainty. For example, certain market and financial risk disclosures are dependent on choices about key model characteristics and assumptions and are subject to various limitations. By their nature, certain of the market or financial risk disclosures are only estimates and, as a result, actual future gains and losses could differ materially from those that have been estimated. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We caution that the forward-looking statements in this <span style="white-space:nowrap">Form&#160;20-F</span> are further qualified by the risk factors disclosed in &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8221; that could cause actual results to differ materially from those in the forward-looking statements. Subject to our obligations under Belgian and U.S. law in relation to disclosure and ongoing information, we undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. </p> <p style="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&#160;</p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-iv- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">PART I </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:9%;vertical-align:top;text-align:left" id="txa65314_5"><span style="font-weight:bold">ITEM&#8201;1.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_6"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DIRECTORS AND SENIOR MANAGEMENT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_7"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">ADVISERS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_8"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">AUDITORS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_9"><span style="font-weight:bold">ITEM&#8201;2.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">OFFER STATISTICS AND EXPECTED TIMETABLE </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_10"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">OFFER STATISTICS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_11"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">METHOD AND EXPECTED TIMETABLE </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_12"><span style="font-weight:bold">ITEM&#8201;3.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">KEY INFORMATION </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_13"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">[RESERVED] </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_14"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CAPITALIZATION AND INDEBTEDNESS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_15"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">REASONS FOR THE OFFER AND USE OF PROCEEDS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_16"><span style="font-weight:bold">D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">RISK FACTORS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Investing in our shares involves risk. We expect to be exposed to some or all of the risks described below in our future operations. Such risks include, but are not limited to, the risk factors described below. Any of the risk factors described below, as well as additional risks of which we are not currently aware, could also affect our business operations and have a material adverse effect on our business activities, financial condition, results of operations and prospects and cause the value of our shares to decline. Moreover, if and to the extent that any of the risks described below materialize, they may occur in combination with other risks which would compound the adverse effect of such risks on our business activities, financial condition, results of operations and prospects. Investors in our shares and American Depositary Shares (&#8220;</span><span style="font-weight:bold"><span style="font-style:italic">ADSs</span></span><span style="font-style:italic">&#8221;) could lose all or part of their investment. </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">You should carefully consider the following information in conjunction with the other information contained or incorporated by reference in this document. The sequence in which the risk factors are presented below is not indicative of their likelihood of occurrence or of the potential magnitude of their financial consequences. </span></p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-1- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SUMMARY OF RISK FACTORS </p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Risks relating to us and our activities </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">1.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Financial Risks</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We are exposed to risks associated with global, regional and local economic weakness and uncertainty (including those resulting from an economic downturn, recession, foreign exchange, inflationary pressures and/or geopolitical, social or local instability), which could adversely affect our business and operations, the demand for our products and the market price of our Ordinary Shares and ADSs. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our business, financial performance and results of operations have been, and may continue to be, adversely affected by military conflicts and their related consequences. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may not be able to obtain the necessary funding for our future capital or refinancing needs and may face financial risks due to our level of debt, uncertain market conditions and as a result of the potential downgrading of our credit ratings. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The ability of our subsidiaries to distribute cash upstream may be subject to various conditions and limitations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">2.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Risks relating to our business activities and industry</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Changes in the availability or price of raw materials, commodities, energy and water, including as a result of geopolitical instability, inflationary pressures, currency fluctuations, constraints on sourcing and increases in tariffs on such raw materials and commodities could have an adverse effect on our results of operations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Damage to our reputation or the image and reputation of our brands can adversely affect our business. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Certain of our operations depend on independent distributors or wholesalers to sell our products, and we may be unable to replace distributors or acquire interests in wholesalers or distributors. In addition, we may be adversely impacted by the consolidation of retailers. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We rely on key third parties, including key suppliers, and the termination or modification of the arrangements with such third parties or their failure to meet their obligations to us could negatively affect our business. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">3.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Risks relating to our corporate structure, acquisitions and investments</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may be unable to influence our associates in which we have minority investments. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may have a conflict of interest with our majority-owned subsidiaries and we may not be able to resolve such conflict on terms favorable to us. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may be unsuccessful in identifying suitable acquisition targets or business partners or implementing our acquisitions, divestitures, investments or alliances, which may negatively impact our growth strategy. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our failure to satisfy our obligations under the SAB settlement agreement could adversely affect our financial condition and results of operations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">4.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Market Risks</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We are exposed to developing market risks, including risks of devaluation, nationalization and inflation. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Competition and changing consumer preferences could lead to a reduction in our margins, increase costs and adversely affect our profitability. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">5.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Legal and Regulatory Risks</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">If any of our products is defective or found to contain contaminants, we may be subject to product recalls or other associated liabilities. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We are exposed to the risk of litigation, claims and disputes, which may cause us to pay significant damage awards and incur other costs. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We could incur significant costs as a result of compliance with, and/or violations of or liabilities under, various regulations that govern our operations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may be subject to adverse changes in taxation and other <span style="white-space:nowrap">tax-related</span> risks. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-2- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We are exposed to antitrust and competition laws in certain jurisdictions and the risk of changes in such laws or in the interpretation and enforcement of existing antitrust and competition laws. In addition, in connection with our previous acquisitions, various regulatory authorities have previously imposed conditions with which we are required to comply. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">If we do not successfully comply with applicable anti-corruption laws, export control regulations and trade restrictions, we could become subject to fines, penalties or other regulatory sanctions, as well as to adverse press coverage, which could adversely impact our reputation, our sales or our profitability. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our subsidiary Ambev operates a joint venture in Cuba, in which the Government of Cuba is its indirect joint venture partner. Cuba remains subject to comprehensive economic and trade sanctions by the United States and Ambev&#8217;s operations in Cuba may adversely affect our reputation and the liquidity and value of our securities. </p></td></tr></table> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">6.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Brand and Intellectual Property Risks</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We rely on the image and reputation of our brands and our marketing efforts may be restricted by regulations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may not be able to protect our intellectual property rights, and our ability to compete effectively may be harmed if our intellectual property rights are infringed by third parties. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">An impairment of goodwill or other intangible assets could adversely affect our financial condition and results of operations. </p></td></tr></table> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">7.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">Other risks related to our business</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Climate change or other environmental concerns, or legal, regulatory or market measures to address climate change or other environmental concerns, may negatively affect our business or operations, including the availability of key production or supply chain inputs. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We are exposed to risks arising from labor practices, labor strikes and disputes that could lead to a negative impact on our costs and production level. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">If we or our third party partners fail to comply with privacy, personal data protection or cybersecurity laws and regulations, we could be subject to adverse publicity, government enforcement actions and/or private litigation, which could negatively affect our business and operating results. </p></td></tr></table> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left">8.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="text-decoration:underline">General Risks</span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Natural and other disasters, including public health crises and global pandemics, could disrupt our operations. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may not be able to recruit or retain key personnel. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our insurance coverage may not be sufficient to protect us from material liabilities. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Risks Related to Our Ordinary Shares and American Depositary Shares </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The market price of our Ordinary Shares and ADSs may be volatile. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our largest shareholder may use its significant interest to take actions not supported by our other shareholders. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We may determine not to pay dividends. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Fluctuations in the exchange rate between the Euro, the South African rand, the Mexican peso and the U.S. dollar may increase the risk of holding our ADSs and Ordinary Shares. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Future equity issuances may dilute the holdings of current shareholders or ADS holders and any such offerings by us or any large sales by our shareholders could materially affect the market price of our Ordinary Shares or ADSs. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Investors may experience dilution if they are not able to participate in equity offerings, and our ADS holders may not receive any value for rights that we may grant. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">ADS holders may not be able to exercise their right to vote the shares underlying our ADSs. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">ADS holders may be subject to limitations on the transfer of their ADSs or the withdrawal of the underlying Ordinary Shares from the deposit facility. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Shareholders may not enjoy under Belgian corporate law and our articles of association certain of the rights and protections generally afforded to shareholders of U.S. companies under U.S. federal and state laws and the NYSE rules. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-3- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">As a &#8220;foreign private issuer&#8221; in the United States, we are exempt from a number of rules under U.S. securities laws and are permitted to file less information with the U.S. Securities and Exchange Commission (&#8220;<span style="font-weight:bold">SEC</span>&#8221;) than domestic issuers. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">It may be difficult for investors outside Belgium to serve process on or enforce foreign judgments against us. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Risks relating to us and our activities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">1. Financial Risks </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We are exposed to risks associated with global, regional and local economic weakness and uncertainty (including those resulting from an economic downturn, recession, foreign exchange, inflationary pressures and/or geopolitical, social or local instability), which could adversely affect our business and operations, the demand for our products and the market price of our Ordinary Shares and ADSs. </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Downturns in the worldwide economy, due to geopolitical, social or local instability, current and future global tariffs, increases in energy prices, changes in government policies, inflation, public health crises and increased interest rates or other factors, have had, and may continue to have, far reaching adverse consequences across many industries, including the alcohol beverage industry. Our products are sold in over 150 countries worldwide, and our business and financial condition may be adversely affected by unfavorable political or economic developments in any of the countries where our products are made, manufactured, distributed or sold. Reduced government spending and volatility in financial markets and foreign exchange rates may have the effect of further increasing economic uncertainty and eroding the purchasing power of consumers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unfavorable macroeconomic conditions in any of our key markets, including the U.S., Mexico, Brazil, Europe and China, may negatively affect our financial performance. Consumption of beer and other alcohol and <span style="white-space:nowrap">non-alcohol</span> beverages in many of the jurisdictions in which we operate is closely linked to general economic conditions, with levels of consumption tending to rise during periods of rising per capita income and growth of the legal drinking age population and fall during periods of declining per capita income and growth of the legal drinking age population. Difficult macroeconomic conditions in our key markets, such as decreases in per capita income and level of disposable income driven by inflation and the cost of living, have adversely affected demand for our products in the past. Under difficult economic conditions, consumers may seek to reduce discretionary spending by forgoing purchases of our products, by shifting away from our above core products to lower-priced products offered by us or other companies or by shifting to <span style="white-space:nowrap">off-premise</span> from <span style="white-space:nowrap">on-premise</span> consumption, which could have a material adverse effect on the demand for our products and may negatively impact our revenues. Moreover, because a sizeable portion of our brand portfolio consists of above core and core beers, our volumes and revenue may be impacted to a greater degree than those of some of our competitors, the sales of which depend less on above core or core brands. For additional information on the categorization of the beer market and our positioning, see &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;2. Principal Activities and Products&#8212;Beer.&#8221; Softer consumer demand for our products could reduce our profitability and could negatively affect our overall financial performance. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Foreign currency exchange rates against the U.S. dollar have been volatile in the recent past and this volatility may continue, which may place significant pressure on the global economy. Adverse translational currency effects could create volatility in our reported financial results. Additionally, adverse transactional currency effects could impact certain U.S. dollar-denominated products or services that may become more expensive in terms of local currencies if the U.S. dollar appreciates, which could erode the purchasing power of consumers in the countries in which we operate and result in a shift in consumer demand for our products. For additional information on the effect of volatility in respect of foreign currencies on our results, see &#8220;&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, some governments have in the recent past turned to trade barriers to protect their domestic industries against foreign imports, respond to protective trade measures imposed by other countries, or manage other economic conditions such as trade deficits. This trend may continue, which could further exacerbate difficult macroeconomic conditions. Governments may also increase regulatory scrutiny of customs, imports and </p>
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exports, ramp up enforcement efforts, or adopt new or revised regulations. See &#8220;&#8212;We could incur significant costs as a result of compliance with, and/or violations of or liabilities under, various regulations that govern our operations.&#8221; The imposition of global tariffs and possibility of additional tariffs, trade barriers and other changes in trade policies have created uncertainty, which may negatively impact global trade and macroeconomic conditions and increase costs for consumers in addition to negatively impacting demand for our products. Additionally, tariffs implemented by the United States could increase the strength of the U.S. dollar, which may compound the negative impact of changes in foreign currency exchange rates. The situation regarding tariffs and trade policies has been fluid and may continue to change. The extent and duration of tariffs (or other new policies, laws or regulations) and their resulting impact on our business, our industry, or on the purchase ability of consumers globally is uncertain because of the dynamic nature of governmental action and responses and depends on various factors. The continuation or escalation of such trade measures could have a materially adverse effect on our business, financial condition, and results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, unfavorable economic conditions may negatively impact our suppliers, distributors, contractors, financial counterparties or other third-party partners which may experience cash flow problems, increased credit defaults, decreases in disposable income or other financial issues. Any future significant deterioration in economic conditions may cause our third-party partners to experience financial or operational difficulties that they cannot overcome, impairing their ability to satisfy their obligations to us and provide us with the materials and services we need, in which case our business and results of operations could be adversely affected. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Capital and credit market volatility, such as that experienced in recent years, may result in downward pressure on stock prices and credit capacity of issuers. Potential changes in social, political, regulatory and economic conditions in the U.S. and the European Union may be significant drivers of capital and credit market volatility. A continuation or worsening of the levels of market disruption and volatility seen in the recent past could have an adverse effect on our ability to access capital, on our business, results of operations and financial condition, and on the market price of our Ordinary Shares and our ADSs. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although we report our consolidated results in U.S. dollars, in 2025, we derived 75% of our revenue from operating companies that have <span style="white-space:nowrap">non-U.S.</span> dollar functional currencies (in most cases, in the local currency of the respective operating company). Consequently, any change in exchange rates between our operating companies&#8217; functional currencies and the U.S. dollar will affect our consolidated income statement and balance sheet when the results of those operating companies are translated into U.S. dollars for our reporting purposes, as we cannot hedge against translational exposures. Decreases in the value of our operating companies&#8217; functional currencies against the U.S. dollar will tend to reduce those operating companies&#8217; contributions in dollar terms to our financial condition and results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During 2025, the closing exchange rate of several currencies, such as the Brazilian real, the Colombian peso, the Euro, the Mexican peso, the Peruvian sol and the South African rand appreciated against the U.S. dollar. During the same period, the average exchange rate of several currencies, such as the Brazilian real and the Mexican peso, and the closing exchange rate of the Argentine peso, depreciated against the U.S. dollar. Our total consolidated revenue was USD 59.3&#160;billion for the year ended 31&#160;December 2025, a decrease of USD 0.4&#160;billion compared to the year ended 31&#160;December 2024. The negative impact of unfavorable currency translation effects, including hyperinflation accounting impact, on our consolidated revenue in the year ended 31&#160;December 2025 was USD 1.3&#160;billion, primarily as a result of the currency translation effects from the Argentine peso, Brazilian real and the Mexican peso. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Significant changes in the value of foreign currencies relative to the U.S. dollar could adversely affect the amounts we record for our foreign assets, liabilities, revenues and expenses, and could have a negative effect on our results of operations and profitability. See &#8220;Item&#160;5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024&#8221; for further details on the impact of currency translation effects on our results of operations. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to currency translation risk, we incur currency transaction risks whenever one of our operating companies enters into transactions using currencies other than its respective functional currency, including purchase or sale transactions and the issuance or incurrence of debt. Although we have hedging policies in place to manage commodity price and foreign currency risks to protect our exposure to currencies other than our operating companies&#8217; functional currencies, there can be no assurance that such policies will be able to successfully hedge against the effects of such foreign exchange exposure. Derivative financial instruments and contractual terms can protect against currency fluctuations in the short term to some extent. However, derivatives and contractual arrangements expire and upon expiry are subject to renegotiation and therefore cannot provide complete protection over the medium or longer term. If we are unable to adequately manage the risks inherent in such volatility, including if our hedging and derivative arrangements do not effectively or completely hedge against foreign currency risks, our results of operations may be adversely impacted. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Further, our consumers in foreign markets may also face currency transaction risks as a result of significant changes in the value of foreign currencies relative to the U.S. dollar, including higher costs of living and an erosion of purchasing power, which could lead to a negative shift in consumer demand for our products. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Much of our debt is denominated in U.S. dollars, while a significant portion of our cash flows is denominated in currencies other than the U.S. dollar. From time to time we enter into financial instruments to mitigate currency risk, but these transactions and any other efforts taken to better match the effective currencies of our liabilities to our cash flows could result in increased costs. See &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments,&#8221; note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, for further details on our approach to hedging commodity price and foreign currency risk. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our business, financial performance and results of operations have been, and may continue to be, adversely affected by military conflicts and their related consequences. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The broader geopolitical and economic consequences of the ongoing conflict between Russia and Ukraine, and conflicts and developments in the Middle East and Latin America, could have the effect of heightening other risks described in this Form <span style="white-space:nowrap">20-F,</span> including, but not limited to, adverse effects on economic and political conditions in our key markets, further disruptions to global supply chains and increases in commodity and energy prices with <span style="white-space:nowrap">follow-on</span> global inflationary impacts, additional sanctions and restrictive measures, increased risk of cyber incidents or other disruptions to our information systems, which could materially adversely affect our business and operations. See also &#8220;&#8212;We are exposed to risks associated with global, regional and local economic weakness and uncertainty (including those resulting from an economic downturn, recession, foreign exchange, inflationary pressures and/or geopolitical instability), which could adversely affect our business and operations, the demand for our products and the market price of our Ordinary Shares and ADSs&#8221;, &#8220;&#8212;Changes in the availability or price of raw materials, commodities, energy and water, including as a result of geopolitical instability, inflationary pressures, currency fluctuations, constraints on sourcing and increases in tariffs on such raw materials and commodities could have an adverse effect on our results of operations&#8221;, &#8220;&#8212;If we do not successfully comply with applicable anti-corruption laws, export control regulations and trade restrictions, we could become subject to fines, penalties or other regulatory sanctions, as well as to adverse press coverage, which could adversely impact our reputation, our sales or our profitability&#8221;, and &#8220;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny&#8221; for details regarding the impact military conflicts have had, and may continue to have, on our business and operations. The ultimate impact of these disruptions depends on events beyond our knowledge or control, including the scope and duration of the conflict and actions taken by parties other than us to respond to them, and cannot be predicted. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business, financial performance and results of operations have been adversely affected by the ongoing conflict between Russia and Ukraine. On 22&#160;April 2022, we announced our decision to sell our <span style="white-space:nowrap">non-controlling</span> interest in the AB InBev Efes joint venture, in which we own a 50% <span style="white-space:nowrap">non-controlling</span> stake and which we do not consolidate, and that we were in active discussions with Anadolu Efes, the controlling shareholder of AB InBev Efes, to acquire that interest. We derecognized the investment in AB InBev Efes and reported a USD 1,143&#160;million <span style="white-space:nowrap">non-cash</span> impairment charge in exceptional share of results of associates as of 30&#160;June 2022. On 23&#160;October 2024, we announced that we and Anadolu Efes agreed Anadolu Efes would acquire our interest in the Russian business and we would acquire the interest of Anadolu Efes in the Ukraine business. The transaction, including the purchase price and other terms, was subject to required regulatory and governmental approvals which were not obtained. On 30&#160;December 2024, a Russian decree was issued which placed the AB InBev Efes Russian operations under temporary management. As of 31&#160;December 2024, the investment in AB InBev Efes remains classified as a <span style="white-space:nowrap">non-current</span> asset held for sale. There can be no assurances on the status of our investment in AB InBev Efes. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with the ongoing conflict between Russia and Ukraine, the U.S. government, the European Commission and the authorities of certain other jurisdictions in which we operate have imposed sanctions on certain individuals and organizations in Russia, controls on exports to Russia covering a wide range of products and services, and restrictions on U.S., EU and other nationals carrying out certain activities in Russia or in support of Russian businesses. As a result of the conflict and international reactions thereto, Russian authorities have also imposed various economic and financial restrictions, including significant currency control measures aimed at restricting the outflow of foreign currency and capital and restrictions on transacting with <span style="white-space:nowrap">non-Russian</span> parties. The implementation or expansion of these economic sanctions, trade restrictions, export and currency controls and other restrictive measures, including the temporary management of the AB InBev Efes Russian operations, have made it difficult for us to divest our <span style="white-space:nowrap">non-controlling</span> interest in AB InBev Efes or influence the operations of AB InBev Efes and for AB InBev Efes to remit cash from Russia to other jurisdictions. Any failure to comply with applicable sanctions and restrictions could subject us to regulatory penalties and reputational risk. The foregoing developments have had, and may continue to have, an adverse impact on our business, financial performance and results of operations, and could result in damage to our reputation. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may not be able to obtain the necessary funding for our future capital or refinancing needs and may face financial risks due to our level of debt, uncertain market conditions and as a result of the potential downgrading of our credit ratings. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may be required to raise additional funds for our future capital needs or to refinance our current indebtedness and future indebtedness through public or private financing, strategic relationships or other arrangements. There can be no assurance that the funding, if needed, will be available or provided on attractive terms. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although we have decreased our level of debt in recent years, our level of outstanding debt could have significant consequences, including: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">increasing our vulnerability to general adverse economic and industry conditions; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limiting our ability to fund future working capital and capital expenditures, to engage in future acquisitions or development activities or to otherwise realize the value of our assets and opportunities fully; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limiting our flexibility in planning for, or reacting to, changes in our business and the industry in which we operate; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">impairing our ability to obtain additional financing in the future, or requiring us to obtain financing involving restrictive covenants; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">requiring us to issue additional equity (possibly under unfavorable conditions), which could dilute our existing shareholders&#8217; equity; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limiting our ability to pay dividends or pursue other capital distributions to shareholders; and/or </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">placing us at a competitive disadvantage compared to our competitors that have less debt. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, ratings agencies may downgrade our credit ratings below their current levels. As of the date of this Form <span style="white-space:nowrap">20-F,</span> our credit rating from Standard&#160;&amp; Poor&#8217;s (&#8220;<span style="font-weight:bold">S&amp;P</span>&#8221;) Global Ratings was <span style="white-space:nowrap">A-</span> for long-term obligations and <span style="white-space:nowrap">A-2</span> for short-term obligations, with a positive outlook, and our credit rating from Moody&#8217;s Investors Service was A3 for long-term obligations and <span style="white-space:nowrap">P-2</span> for short-term obligations, with a positive outlook. Any credit rating downgrade could materially adversely affect our ability to finance our ongoing operations, including by increasing our cost of borrowing and significantly harming our financial condition, results of operations and profitability, including our ability to refinance our other existing indebtedness. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our level of debt may also impact our decision or ability to pursue certain capital allocation priorities. In recent years, we have given priority, among other things, to allocate surplus free cash flow (remaining after investments in our business) to balance leverage, return cash to shareholders (including by funding share repurchases), and pursue selective mergers and acquisitions. While we aim to dynamically allocate excess cash between our capital allocation priorities, our level of outstanding debt may restrict the amount of dividends we pay. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our ability to repay and renegotiate our outstanding indebtedness will depend upon market conditions. Global credit markets have in the past experienced significant price volatility, dislocations and liquidity disruptions that caused the cost of debt financings to fluctuate considerably. The markets also put downward pressure on stock prices and credit capacity for certain issuers without regard to those issuers&#8217; underlying financial strength. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Lenders and institutional investors may reduce or cease to provide funding to borrowers because of concerns about the stability of the financial markets generally or the strength of counterparties. If such uncertain conditions occur, our costs could increase beyond what is anticipated. Certain of our subsidiaries could experience difficulties in obtaining or renewing third party guarantees or security arrangements that may be required to secure their performance of potential obligations under certain agreements and legal proceedings; see also &#8220;&#8212;The ability of our subsidiaries to distribute cash upstream may be subject to various conditions and limitations&#8221;. Such costs could have a material adverse impact on our cash flows, results of operations or both. In addition, an inability to refinance all or a substantial amount of our debt obligations when they become due, or more generally a failure to raise additional equity capital or debt financing or to realize proceeds from asset sales when needed, could have a material adverse effect on our financial condition and results of operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The ability of our subsidiaries to distribute cash upstream may be subject to various conditions and limitations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To a large extent, we are organized as a holding company and our operations are carried out through subsidiaries. In particular, 26.6% (USD 15.8 billion) of our total revenue of USD 59.3&#160;billion in 2025 came from our Brazilian listed subsidiary, Ambev, which is not wholly owned and is listed on the S&#227;o Paulo Stock Exchange and the New York Stock Exchange (&#8220;<span style="font-weight:bold">NYSE</span>&#8221;). Furthermore, 9.7% (USD 5.8 billion) of our total revenue of USD 59.3&#160;billion in 2025 came from our Asia Pacific listed subsidiary, Budweiser Brewing Company APAC Limited (&#8220;<span style="font-weight:bold">Budweiser APAC</span>&#8221;), which, since September 2019, is not wholly owned and is listed on the Hong Kong Stock Exchange. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our domestic and foreign subsidiaries&#8217; and affiliated companies&#8217; ability to upstream or distribute cash (to be used, among other things, to meet our financial obligations) through dividends, intercompany advances, management fees and other payments is, to a large extent, dependent on the availability of cash flows at the level of such domestic and foreign subsidiaries and affiliated companies, and may be restricted by applicable laws, including currency controls and restrictions, accounting principles and illiquidity, inconvertibility or <span style="white-space:nowrap">non-transferability</span> of a specified currency. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Certain of our subsidiaries, including Ambev, may be required to secure their performance of potential obligations under certain agreements and legal proceedings. If these subsidiaries experience difficulties in obtaining or renewing, on attractive terms or at all, financial instruments required to secure their performance of potential obligations under such agreements or legal proceedings and we do not provide guarantees in respect of their obligations under such financial instruments, these subsidiaries may be required to pay higher fees, post additional collateral or use a substantial portion of their cash to secure such obligations, which may adversely affect their available cash flows and liquidity and our subsequent ability to receive cash upstream. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, some of our subsidiaries are subject to laws restricting their ability to pay dividends or the amount of dividends they may pay. The risks posed by the illiquidity, inconvertibility or <span style="white-space:nowrap">non-transferability</span> of currencies may be heightened in developing markets; for more information see &#8220;&#8212;We are exposed to developing market risks, including the risks of devaluation, nationalization and inflation&#8221;. If we are not able to obtain sufficient cash flows from our domestic and foreign subsidiaries and affiliated companies, this could adversely impact our ability to pay dividends, and otherwise negatively impact our business, results of operations and financial condition. See &#8220;Item&#160;5. Operating and Financial Review&#8212;H. Liquidity and Capital Resources&#8212;Transfers from Subsidiaries&#8221; for further information in this respect. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">2. Risks relating to our business activities and industry </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Changes in the availability or price of raw materials, commodities, energy and water, including as a result of geopolitical instability, inflationary pressures, currency fluctuations, constraints on sourcing and increases in tariffs on such raw materials and commodities could have an adverse effect on our results of operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A significant portion of our operating expenses is related to raw materials and commodities, such as malted barley, wheat, corn, rice, hops, yeast, flavored concentrate, fruit concentrate, sugar, sweetener, water, glass, polyethylene terephthalate (&#8220;<span style="font-weight:bold">PET</span>&#8221;) and aluminum bottles, aluminum or steel cans and kegs, aluminum can stock, labels, plastic crates, metal and plastic closures, folding cartons, cardboard products and plastic films. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The supply and price of raw materials and commodities used for the production of our products can be affected by a number of factors beyond our control, including the level of crop production around the world, inflation, global geopolitical events, including war and other conflicts, energy prices, export demand, quality and availability of supply, speculative movements in the raw materials or commodities markets, currency fluctuations, governmental regulations and legislation affecting agriculture, tariffs and trade agreements among producing and consuming nations, extreme weather conditions, natural disasters, health epidemics, pandemics or other disease outbreaks, economic factors affecting growth decisions, political developments, various plant diseases and pests. See also &#8220;&#8212;We rely on key third parties, including key suppliers, and the termination or modification of the arrangements with such third parties or their failure to meet their obligations to us could negatively affect our business.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We cannot predict future availability or prices of the raw materials or commodities required for our products. The markets in certain raw materials or commodities have experienced and may in the future experience shortages and significant price fluctuations, including as a result of inflationary pressures, the ongoing conflict between Russia and Ukraine, conflicts and developments in the Middle East and Latin America, increased energy prices, public health crises, fluctuations in currency exchange rates, constraints on sourcing or the quality of crops and increases in tariffs on such raw materials and commodities. The foregoing may affect the price and availability of raw materials and commodities that we use to manufacture our products and the packaging materials in which our products are packaged, including cans and bottles. Likewise, disruptions or constraints in the availability of shipping or transportation services may affect the price or availability of raw materials or commodities required for our products, and may adversely affect our operations. We experienced higher commodity and logistics costs in recent years which may continue. We may not be able to increase our prices to offset these increased costs or increase our prices without experiencing reduced volume, revenue and operating income. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To some extent, derivative financial instruments and the terms of supply agreements can protect against increases in materials and commodities costs and currency fluctuations in the short term. However, derivatives and supply agreements expire and upon expiry are subject to renegotiation and therefore cannot provide complete protection over the medium or longer term. If we are unable to adequately manage the risks inherent in such volatility, including if our hedging and derivative arrangements do not effectively or completely hedge against foreign currency risks and changes in commodity prices, our results of operations may be adversely impacted. See &#8220;&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations&#8221; for further details on risks related to foreign exchange exposure. In addition, it is possible that the hedging and derivative instruments we use to establish the purchase price for commodities in advance of the time of delivery may lock us into prices that are ultimately higher than actual market prices at the time of delivery. See &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments&#8221; for further details on our approach to hedging commodity price risk. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The production and distribution of our products require material amounts of energy, including the consumption of <span style="white-space:nowrap">oil-based</span> products, natural gas, biomass, coal and electricity. Energy prices have been subject to significant price volatility in the recent past and may be again in the future. High energy prices over an extended period of time, as well as changes in energy taxation and regulation in certain geographies, may result in a negative effect on operating income and could potentially challenge our profitability in certain markets. There is no guarantee that we will be able to pass along increased energy costs to our customers in every case. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The production of our products also requires large amounts of water, including water consumption in the agricultural supply chain. Changes in precipitation patterns and the frequency of extreme weather events may affect our water supply chain and the quality of our crops and, as a result, our physical operations. Water may also be subject to price increases in certain areas and certain jurisdictions may also adopt regulations restricting our use of and access to water or enact other unfavorable changes to applicable water-related taxes and regulations. Such regulation may result in a negative effect on operating income or constrain or prohibit our production capacity which could potentially challenge our profitability in certain markets. There is no guarantee that we will be able to pass along increased water costs to our customers in every case. See &#8220;&#8212;Climate change or other environmental concerns, or legal, regulatory or market measures to address climate change or other environmental concerns, may negatively affect our business or operations, including the availability of key production or supply chain inputs.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Damage to our reputation or the image and reputation of our brands can adversely affect our business. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our reputation forms the foundation of our relationships with key stakeholders and other constituencies, including consumers, distributors, customers and suppliers, and maintaining a positive reputation globally is critical to the successful operation of our business. Damage to our reputation or the image and reputation of our brands could adversely affect our business, sales, results of operations, cash flows, financial condition and/or market price of our securities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Negative publicity surrounding us, our brands, our activities, our personnel, our business partners, our advertising campaigns, including those by our business partners, and consumer perception of our response or lack thereof to political and social issues or other events could damage our reputation or the image and reputation of our brands and may decrease demand for our products. Our reputation and the image and reputation of our brands could be damaged as a result of consumers&#8217; perceptions of our support of, association with or lack of support or disapproval of certain causes or individuals. Further, campaigns, actions or statements by activists or other public figures, whether or not warranted, connecting us, our personnel, our supply chain, our products or our business partners with a failure to maintain high ethical, business and environmental, social and governance practices, including with respect to human rights, workplace conditions and employee health and safety, whether actual or perceived, could adversely impact our reputation and the image and reputation of our brands. Social media, which accelerates and potentially amplifies the scope of negative publicity, can increase the challenges of responding to negative claims, even if such claims are untrue. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our sponsorship relations and promotional partnerships may also subject us to negative publicity as result of any actual or alleged conduct, or consumers&#8217; perceptions of socio-political views expressed, by our promotional partners or individuals and entities associated with organizations we sponsor or support. Negative claims or publicity involving our sponsorship or promotional partners, including as a result of any of their activities that harm their public image or reputation, could also have an adverse effect on our reputation or the image and reputation of our brands. These and other factors have reduced in the past, and could continue to reduce, consumers&#8217; willingness to purchase certain of our products, thereby adversely affecting our business. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our reputation may also be negatively impacted by the activities of our suppliers or associates, actual or perceived failures to provide safe working environments or by potential defects or contamination in our products; for more information see &#8220;&#8212;We rely on key third parties, including key suppliers, and the termination or modification of the arrangements with such third parties could negatively affect our business, &#8220;&#8212;We may be unable to influence our associates in which we have minority investments&#8221;, &#8220;&#8212;Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business&#8221; and &#8220;&#8212;If any of our products is defective or found to contain contaminants, we may be subject to product recalls or other associated liabilities&#8221;. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Certain of our operations depend on independent distributors or wholesalers to sell our products, and we may be unable to replace distributors or acquire interests in wholesalers or distributors. In addition, we may be adversely impacted by the consolidation of retailers. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Certain of our operations are dependent on effective distribution networks to deliver our products to consumers, and distributors play an important role in distributing a significant proportion of beer and other beverages. Generally, distributors purchase our products from us and then sell them either to other distributors or points of sale. Such distributors are typically either government-controlled or independent and privately owned. See &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;7. Distribution of Products&#8221; and &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;11. Regulations Affecting Our Business&#8221; for further information in this respect. There can be no assurance as to the financial affairs of such distributors or that these distributors, who often act both for us and our competitors, will not give our competitors&#8217; products higher priority, thereby reducing their efforts to sell our products. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the United States, for instance, we sell the vast majority of our beer to independent wholesalers for distribution to retailers and ultimately consumers. As independent companies, wholesalers make their own business decisions that may not always align themselves with our interests. If our wholesalers do not effectively distribute our products, our financial results could be adversely affected. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, contractual restrictions and the regulatory environment of many markets may make it very difficult to change distributors and, in some markets, we may be prevented or restricted from acquiring interests in wholesalers or distributors (for example, see &#8220;&#8212;Our failure to satisfy our obligations under the SAB settlement agreement could adversely affect our financial condition and results of operations.&#8221;). In certain cases, poor performance by a distributor or wholesaler is not a sufficient reason for replacement. Such distributors could engage in practices that harm our reputation as consumers look to us for the quality and availability of our products. Our consequent inability to replace unproductive or inefficient distributors could adversely impact our business, results of operations and financial condition. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Moreover, the retail industry, particularly in Europe, North America and other countries in which we operate, continues to consolidate, resulting in larger retailers with increased purchasing power, which may affect our profitability in these markets. Larger retailers may seek to improve their profitability and sales by asking for lower prices or increased trade spending. Such efforts by retailers could result in reduced profitability for the beer industry as a whole and adversely affect our financial results. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We rely on key third parties, including key suppliers, and the termination or modification of the arrangements with such third parties or their failure to meet their obligations to us could negatively affect our business. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We rely on third-party suppliers for a range of raw materials for our beer and <span style="white-space:nowrap">non-beer</span> products, such as malted barley, corn, rice, hops, yeast, water, flavored concentrate, fruit concentrate, sugar and sweeteners, and for packaging material, such as glass, PET and aluminum bottles, aluminum or steel cans and kegs, labels, plastic crates, metal and plastic closures, folding cartons, cardboard products and plastic films. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We seek to limit our exposure to market fluctuations in the price and supply of these raw materials by entering into medium- and long-term fixed-price arrangements. Although we generally have multiple suppliers of raw materials and packaging materials, the termination of or any material change to arrangements with certain key suppliers, disagreements with suppliers as to payment or other terms, or the failure of a key supplier to meet its contractual obligations to us or otherwise deliver materials consistent with current usage, including as a result of sourcing constraints, disruptions in its supply chain or other difficulties, would or may require us to make purchases from alternative suppliers, in each case at potentially higher prices or lower quality than those agreed with the original supplier. We may also be subject to potential reputational damage if one of our suppliers violates applicable laws or regulations or our internal policies, or fails to meet certain quality standards. These factors could have a material impact on our production, distribution and sale of beer and <span style="white-space:nowrap">non-beer</span> products and have a material adverse effect on our business, results of operations, cash flows or financial condition. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A number of our key brand names are both licensed to third-party brewers and used by companies over which we do not have control. See &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;8. Licensing.&#8221; If we are unable to maintain such arrangements on favorable terms, this could have a material adverse effect on our business, results of operations, cash flows or financial condition. We monitor brewing quality to ensure adherence to our high standards, but, to the extent that one of these key licensed brand names is subject to negative publicity or one of our licensees or other business partners violates applicable laws or regulations or our internal policies, or fails to meet certain quality standards, it could have a material adverse effect on our business, results of operations, cash flows or financial condition. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For certain packaging supplies and raw materials, we rely on a small number of important suppliers which increases the risk of disruption in our supply chain. For example, we have a limited number of suppliers of aluminum cans and glass bottles as consolidation of the aluminum can industry and glass bottle industry in certain markets in which we operate has reduced local supply alternatives. In addition, certain of our subsidiaries may purchase nearly all of their key packaging materials from sole suppliers under multi-year contracts. The loss of or temporary discontinuity of supply from any of these suppliers without sufficient time to develop an alternative source could cause us to spend increased amounts on such supplies in the future. If these suppliers became unable to continue to meet our requirements, and we are unable to develop alternative sources of supply, our operations and financial results could be adversely affected. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">3. Risks relating to our corporate structure, acquisitions and investments </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may be unable to influence our associates in which we have minority investments. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A portion of our global portfolio consists of associates in new or developing markets, including investments where we may have a lesser degree of control over the business operations. For example, through our investment in the beverage operations of Soci&#233;t&#233; des Brasseries et Glaci&#232;res Internationales and B.I.H. Brasseries Internationales Holding Limited, we have exposure to a number of countries in Africa; and through our investment in Anadolu Efes, we have exposure to Turkey and countries in the Commonwealth of Independent States. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We face several challenges inherent to these various culturally and geographically diverse business interests. For more information, see &#8220;&#8212;We are exposed to developing market risks, including the risks of devaluation, nationalization and inflation.&#8221; Although we work with our associates on the implementation of appropriate processes and controls, we also face additional risks and uncertainties with respect to these minority investments because we may be dependent on systems, controls, governance structures and personnel that are not under our control, such as the risk that our associates may violate applicable laws and regulations or be subject to disruptions in operations, which could have an adverse effect on our business, reputation, results of operations and financial condition. For more information, see &#8220;&#8212;If we do not successfully comply with applicable anti-corruption laws, export control regulations and trade restrictions, we could become subject to fines, penalties or other regulatory sanctions, as well as to adverse press coverage, which could adversely impact our reputation, our sales or our profitability.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may have a conflict of interest with our majority-owned subsidiaries and we may not be able to resolve such conflict on terms favorable to us. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Conflicts of interest may arise between us and certain of our subsidiaries in various situations due to our status as parent company of such majority-owned subsidiaries and interests that may differ from ours. Notwithstanding policies and procedures to address the possibility of such conflicts of interest, we may not be able to resolve all such conflicts on terms favorable to us. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have entered into various agreements with our subsidiaries. Notwithstanding the influence that we have over such subsidiaries, they may bring a legal claim against us in the event of a contractual breach. As a result, our business, financial condition and results of operations could be materially and adversely affected. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, certain of our directors and/or our senior management may also be directors, managers or senior officers in certain of our subsidiaries. Since our interests and the ones of the relevant subsidiaries are not necessarily always the same or wholly aligned, such dual mandates and other relationships with our subsidiaries or related parties may in the future result in conflicts of interest. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may be unsuccessful in identifying suitable acquisition targets or business partners or implementing our acquisitions, divestitures, investments, joint ventures or alliances, which may negatively impact our growth strategy. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the past, we have made acquisitions of, investments in and joint ventures and similar arrangements with other companies and businesses. Much of our growth in recent years is attributable to such transactions, including the combination with SAB in 2016, the combination of AB InBev and Grupo Modelo in 2013, the combination of InBev and Anheuser-Busch Companies in 2008 and the combination of Interbrew S.A. and Ambev in 2004. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will need to identify suitable acquisition targets and agree on the terms with them if we are to make further acquisitions. Our size, contractual and regulatory limitations to which we are subject and our position in the markets in which we operate may make it harder to identify suitable targets, including because it may be harder for us to obtain regulatory approval for future transactions. If appropriate opportunities do become available, we may seek to acquire or invest in other businesses; however, any future acquisition may pose regulatory, antitrust and other risks. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, after completion of any transaction in the future, we would be required to integrate the acquired companies, businesses or operations into our existing operations. There is a risk that such integration will not be successful or will involve greater costs or result in fewer synergies than expected. Such transactions may also involve the assumption of certain actual or potential, known or unknown liabilities, which may have a potential impact on our financial risk profile. These risks and limitations may limit our ability to implement our global strategy and our ability to achieve or maintain future business growth. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our failure to satisfy our obligations under the SAB settlement agreement could adversely affect our financial condition and results of operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We entered into a consent decree with the U.S. Department of Justice in relation to the combination with SAB on 20&#160;July 2016. As part of this consent decree, we agreed, among other things, (i)&#160;not to acquire control of a distributor if doing so would result in more than 10% of our U.S. annual volume being distributed through majority-owned distributorships in the U.S. and (ii)&#160;to notify the U.S. Department of Justice at least 30 days prior to the consummation of any acquisition of a beer brewer, importer, distributor or brand owner deriving more than USD 7.5&#160;million in annual gross revenue from beer sold for further resale in the United States or from license fees generated by such sales, subject to certain exceptions. The consent decree was approved and entered by the U.S. federal district court in the District of Columbia on 22&#160;October 2018. The consent decree will expire on 20&#160;July 2026 (ten years after the U.S. Department of Justice filed its complaint). Our compliance with our obligations under the settlement agreement is monitored by the U.S. Department of Justice and the Monitoring Trustee appointed by it. Were we to fail to fulfill our obligations under the settlement, whether intentionally or inadvertently, we could be subject to monetary fines or other penalties. Our obligations under the settlement agreement may also adversely impact our U.S. operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In other jurisdictions, we were required to make certain divestitures and to fulfill a number of other commitments as a condition to receiving regulatory clearance for the combination with SAB, and we continue the process of fulfilling these commitments. For more information on commitments related to the combination with SAB, see &#8220;&#8212;We are exposed to antitrust and competition laws in certain jurisdictions and the risk of changes in such laws or in the interpretation and enforcement of existing antitrust and competition laws. In addition, in connection with our previous acquisitions, various regulatory authorities have previously imposed conditions with which we are required to comply.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">4. Market Risks </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We are exposed to developing market risks, including the risks of devaluation, nationalization and inflation. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A substantial proportion of our operations are carried out in developing markets, representing approximately 65% of our 2025 revenue, which include Argentina, Bolivia, Botswana, Brazil, Chile, China, Colombia, Dominican Republic, Ecuador, El Salvador, Ghana, Guatemala, Honduras, India, Lesotho, Mexico, Mozambique, Namibia, Nigeria, Panama, Paraguay, Peru, South Africa, Tanzania, Uganda, Uruguay, Vietnam and Zambia. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our operations in these markets and equity investments in developing markets are subject to the usual risks of operating in developing countries, which include political instability or insurrection, human rights concerns, external interference, financial risks, changes in government policy, political and economic changes, changes in the relations between countries, actions of governmental authorities affecting trade and foreign investment, regulations on repatriation of funds, interpretation and application of local laws and regulations, enforceability of intellectual property and contract rights, local labor conditions and regulations, lack of upkeep of public infrastructure, natural disasters, potential political and economic uncertainty, application of exchange controls, nationalization or expropriation, empowerment legislation and policy, corrupt business environments, crime and lack of law enforcement. Such factors could affect our results by causing interruptions to our operations or by increasing the costs of operating in those countries or by limiting our ability to repatriate profits from those countries. The financial risks of operating in developing markets also include risks of illiquidity, inflation (for example, Brazil and Argentina have periodically experienced extremely high rates of inflation), devaluation (for example, the Brazilian, Argentine, Colombian, Peruvian, Turkish and several African currencies have been devalued frequently during the last several decades (see also &#8220;&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations.&#8221;)), price volatility, currency convertibility and country default. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Continued volatility and unpredictability with respect to our operating currencies, or new foreign exchange, export repatriation or expropriation regimes could adversely affect our ability to access funds from the countries in which we operate, our financial condition and operating results. Further devaluations of the functional currencies of our global operations in the future, if any, may also decrease our net assets, with a balancing entry in our equity. For further discussion of the risks imposed by macroeconomic volatility, see &#8220;&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These various factors could adversely impact our business, results of operations and financial condition. Moreover, the economies of developing countries are often affected by developments in other developing market countries and, accordingly, adverse changes in developing markets elsewhere in the world could have a negative impact on the markets in which we operate. For example, any adverse economic developments in China may have a significant impact on economies elsewhere in the world. Furthermore, a majority of developing markets where we have operations are situated in Latin America. Global beer volumes are over-indexed in Latin America relative to other categories of consumer products, and our beer volumes are over-indexed in Latin America relative to the beer industry. Due to our geographic mix, unfavorable conditions in developing markets or factors impacting developing markets could affect us more than certain of our competitors, and any general decline in developing markets as a whole could impact us disproportionately compared to our competitors with less exposure to developing markets. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Competition and changing consumer preferences could lead to a reduction in our margins, increase costs and adversely affect our profitability. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We compete with both brewers and other drinks companies and our products compete with other beverages. Globally, brewers, as well as other players in the beverage industry, compete mainly on the basis of the image and reputation of brands, price, quality, distribution networks and customer service. Consolidation has significantly increased the capital base and geographic reach of our competitors in some of the markets in which we operate, and competition is expected to increase further as the trend towards consolidation among companies in the beverage industry continues. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Concurrently, competition in the beverage industry is expanding and the market is becoming more fragmented, complex and sophisticated as consumer preferences and tastes change. Such preferences can change rapidly and in unpredictable ways due to a variety of factors, including changes in prevailing economic conditions, changing social norms and attitudes regarding alcohol beverages, betterment trends and changing dietary preferences (including increased adoption of weight-loss drugs to reduce consumption overall or change consumption patterns), changes in consumer tastes, changing dietary guidance and warning label requirements from public health bodies, changes in social habits and leisure activity patterns or negative publicity resulting from regulatory action or litigation against us or comparable companies; for more information see &#8220;&#8212;Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business.&#8221; Furthermore, developments in the regulatory frameworks governing the usage of cannabis could result in shifts in consumer preference and the impact that cannabis legalization could have on alcohol sales remains unclear. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Competition with brewers and producers of alternative beverages in our various markets and an increase in the purchasing power of participants in our distribution and sales channels could cause us to reduce pricing, increase capital investment, increase marketing and other expenditures and/or prevent us from increasing prices to recover higher costs, thereby causing us to reduce margins or lose market share. Further, we may not be able to anticipate or respond adequately either to changes in consumer preferences and tastes or to developments in new forms of media and marketing. Our marketing, promotional and advertising programs may not be successful in reaching consumers in the way we intend. Furthermore, innovation faces inherent risks, and the new products we introduce may not be successful, while competitors may be able to respond more quickly than we can to emerging trends, such as the growth of the spirit-based <span style="white-space:nowrap"><span style="white-space:nowrap">ready-to-drink</span></span> (&#8220;<span style="font-weight:bold">RTD</span>&#8221;) category in certain markets. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In recent years, many industries have seen disruption from <span style="white-space:nowrap">non-traditional</span> producers and distributors, in many cases, due to a rapidly evolving digital landscape. Our business could be negatively affected if we are unable to anticipate changing consumer preferences for digital platforms or fail to continuously strengthen and evolve our capabilities in digital commerce, marketing and data analytics (including artificial intelligence). The success of our digital commerce activities depends in part on our ability to attract retailers, consumers and wholesalers to use our platforms and retain these relationships, which may be impacted by regulatory requirements, competitive pressures and other factors beyond our control. Furthermore, the development of artificial intelligence initiatives is complex and uncertain, and presents various risks and uncertainties, including those related to cybersecurity, data privacy, inaccuracies, bias or discrimination and intellectual property infringement. If we were to fail to successfully or effectively implement artificial intelligence initiatives, or we encounter other deficiencies or failures in such initiatives, this could put us at a competitive disadvantage and result in legal and regulatory risk, and brand or reputational harm. For more information regarding our digital commerce activities, please see &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;2. Principal Activities and Products&#8212; Digital Transformation&#8221;. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">5. Legal and Regulatory Risks </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">If any of our products is defective or found to contain contaminants, we may be subject to product recalls or other associated liabilities. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Despite the precautions we take, in the event that any failure to comply by us or our business partners with accepted food safety and regulatory standards (such as a contamination or a defect) does occur in the future, it may lead to business interruptions, product recalls or liability, each of which could have an adverse effect on our business, reputation, prospects, financial condition and results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although we maintain insurance against certain product liability (but not product recall) risks in certain markets, we may not be able to enforce our rights in respect of these policies, and, in the event that contamination or a defect occurs, any amounts that we recover may not be sufficient to offset any damage we may incur, which could adversely impact our business, results of operations and financial condition. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In recent years, there has been public and political attention directed at the soft drinks and alcohol beverage industries as a result of an increasing emphasis on health and well-being. Concerns about the perceived or potential health consequences of consuming alcohol beverages and increased activity from activists, activist groups, public figures, public health organizations and other governmental and regulatory bodies advocating for measures designed to reduce the consumption of alcohol beverages and addressing the public regarding health and alcohol consumption may reduce demand for alcohol beverages generally, negatively impact investor perception of our industry or result in legal proceedings, which could adversely affect our share price or our profitability. See &#8220;&#8212;We are exposed to the risk of litigation, claims and disputes, which may cause us to pay significant damage awards and incur other costs.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The global policy framework shaping the regulatory space for our products has evolved, and will likely continue to evolve, and the expectations of our stakeholders will continue to increase. We remain committed to reduce the harmful use of alcohol and promoting moderation through our Smart Drinking initiatives. Nevertheless, we may be criticized and experience an increase in the number of publications and studies debating our efforts. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may also be subject to laws and regulations aimed at reducing the affordability or availability of beer in some of our markets. Additional regulatory restrictions on our business, such as those on the legal minimum drinking age, dietary guidelines, product labeling, opening hours or marketing activities (including the marketing or selling of beer at sporting events), negatively impact consumption trends and the perception of our products, which could have a material adverse effect on our business, financial condition and results of operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We are exposed to the risk of litigation, claims and disputes, which may cause us to pay significant damage awards and incur other costs. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are now and may in the future be party to legal proceedings and claims and significant damages may be asserted against us. See &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8221; and &#8220;Item&#160;5. Operating and Financial Review&#8212;G. Contractual Obligations and Contingencies&#8212;Contingencies&#8221; and note 29 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, for a description of certain material contingencies which we believe are reasonably possible (but not probable) to be realized. Given the inherent uncertainty of litigation, it is possible that we might incur liabilities as a consequence of the proceedings and claims brought against us, including those that are not currently believed by us to be reasonably possible. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Moreover, companies in the alcohol beverage industry and soft drink industry &#8211; including us &#8211; are, from time to time, exposed to collective suits (class actions) or other litigation relating to alcohol advertising, alcohol abuse problems or health consequences. As an illustration, we and certain other beer and other alcohol beverage producers from Brazil, Canada, Europe and the United States have been involved in class actions and other litigation seeking damages for, among other things, alleged marketing of alcohol beverages to underage consumers. If any of these types of litigation were to result in fines, damages or reputational damage to us or our brands, this could have a material adverse effect on our business, results of operations, cash flows or financial position. See &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We could incur significant costs as a result of compliance with, and/or violations of or liabilities under, various regulations that govern our operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business is highly regulated in many of the countries in which we or our licensed third parties operate. The regulations adopted by the authorities in these countries govern many parts of our operations, including brewing, marketing and advertising (in particular to ensure our advertising is directed to individuals of legal drinking age), consumer promotions and rebates, environmental protection, workplace safety, transportation, distributor and retailer relationships, retail execution, imports and exports, sales, data privacy and artificial intelligence. We may be subject to claims that we have not complied with existing laws and regulations, which could result in fines and penalties or loss of operating licenses, which may have a material adverse impact on our ability to operate our businesses in these markets. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are also routinely subject to new or modified laws and regulations with which we must comply in order to avoid claims, fines and other penalties, which could adversely impact our business, results of operations and financial condition. Factors such as increased economic and political pressures, including on global trade, may also contribute to increased investigation and enforcement efforts by regulatory authorities or an increase in new regulation. Breach of any of these laws or regulations can lead to significant fines and/or damage to our reputation, as well as significantly restrict our ability to deliver on our digital productivity and growth plans. The legal and regulatory landscape for certain new technologies, such as artificial intelligence, is uncertain and evolving, and our compliance obligations could increase our costs or limit how we may use these technologies. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may also be subject to laws and regulations aimed at reducing the availability of beer and other alcohol beverage products in some of our markets. See &#8220;&#8212;Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business.&#8221; There can be no assurance that we will not incur material costs or liabilities in connection with compliance with applicable regulatory requirements, or that such regulation will not interfere with our beer, other alcohol beverage and soft drinks businesses. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For further detail regarding common regulations and restrictions on us, see &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;11. Regulations Affecting Our Business&#8221; and &#8220;Item&#160;5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Governmental Regulations.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may be subject to adverse changes in taxation and other <span style="white-space:nowrap">tax-related</span> risks. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Taxation on our products in the countries in which we operate is comprised of different taxes specific to each jurisdiction, such as excise and other indirect taxes (such as value-added tax (&#8220;<span style="font-weight:bold">VAT</span>&#8221;)). In many jurisdictions, these taxes make up a large proportion of the cost of beer charged to consumers. Increases in excise and other indirect taxes applicable to our products either on an absolute basis or relative to the levels applicable to other beverages tend to adversely affect our revenue or margins. These increases also adversely affect the affordability of our products and our profitability, as they can result in significant price increases and have a significant impact on our sales of beer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to excise taxes, additional charges may be levied in relation to tax stamps and other forms of fiscal marking. Costly and ineffective fiscal marking systems have in the past been introduced in certain markets. The cost of these marking schemes could adversely affect our businesses in the relevant countries (including their profitability). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are also subject to income and other taxes, and there can be no assurance that the operations of our breweries and other facilities will not become subject to increased taxation by local, national or foreign authorities or that we and our subsidiaries will not become subject to higher corporate income tax rates or to new or modified taxation regulations and requirements. For example, in response to the increasing globalization and digitalization of trade and business operations, the Organization for Economic <span style="white-space:nowrap">Co-operation</span> and Development (&#8220;<span style="font-weight:bold">OECD</span>&#8221;) has been working on international tax reform as an extension of its Base Erosion and Profit Shifting project. The reform initiative incorporates a <span style="white-space:nowrap">two-pillar</span> approach: Pillar One, which is focused on the <span style="white-space:nowrap">re-allocation</span> of some of the taxable profits of multinational enterprises to the markets where consumers are located; and Pillar Two, which is focused on establishing a global minimum corporate taxation rate of 15%. Pillar Two is effective as of 1&#160;January 2024 in many countries, including Belgium as the location of our global headquarters. These rules have significantly increased compliance burdens and complexity and may cause increased audit controversy with competent tax authorities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are also subject to regular reviews, examinations and audits by tax authorities in the jurisdictions in which we operate. Factors such as increased economic and political pressures to increase tax revenues have contributed to an increase in audit activity (including in respect of prior tax assessments), tax authorities taking increasingly opposing positions in their interpretation and enforcement of tax laws, more time and difficulty to resolve any audits or disputes and an increase in new tax legislation. Although we believe our tax estimates, methodologies and positions are reasonable and consistent with applicable law, significant judgment is required to evaluate applicable tax obligations and tax authorities may disagree with our judgments or may take opposing positions with respect to the judgments we make. For a discussion of any material outstanding tax cases, see &#8220;Item 8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;Anheuser-Busch InBev SA/NV&#8212;Belgian Tax Matters&#8221; and &#8220;Item 8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;Ambev and Its Subsidiaries&#8212;Tax Matters.&#8221; A tax authority&#8217;s final determination in the event of a tax audit could materially differ from our tax provisions and accruals or may require us to modify our business practices to reduce our exposure to additional taxes going forward, any of which may have an adverse effect on our business, results of operations and financial condition. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We are exposed to antitrust and competition laws in certain jurisdictions and the risk of changes in such laws or in the interpretation and enforcement of existing antitrust and competition laws. In addition, in connection with our previous acquisitions, various regulatory authorities have previously imposed conditions with which we are required to comply. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to antitrust and competition laws in the jurisdictions in which we operate. Consequently, we are and may be subject to regulatory scrutiny in certain of these jurisdictions, and have been, and may in the future be, involved in investigations initiated by the local authorities. For example, our Brazilian subsidiary, Ambev, is subject to regulatory scrutiny from antitrust authorities in Brazil, Argentina, Bolivia, Uruguay, Paraguay, Panama, the Dominican Republic and Canada, and has been, and may in the future be, involved in proceedings initiated by local antitrust authorities, clients, competitors and other third parties alleging violations of antitrust laws. There can be no assurance that the introduction of new competition laws in the jurisdictions in which we operate, the interpretation and/or enforcement of existing antitrust or competition laws or competition laws related to digital platforms by competent authorities, civil antitrust litigation by private parties, or any agreements with competent antitrust or competition authorities, against us or our subsidiaries, including Ambev, will not affect our business or the businesses of our subsidiaries in the future or have a financial impact. For more information regarding antitrust investigations involving the Company, please see &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;Anheuser-Busch InBev SA/NV&#8212;Antitrust Matters&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, divestitures and other commitments made in order to obtain regulatory approvals for past or future acquisitions, or our failure to comply with such commitments, may have an adverse effect on our business, results of operations, financial condition and prospects. These or any conditions, remedies or changes also reduce the price we are able to obtain for such disposals or imposing additional costs on or limiting our revenues, any of which might have a material adverse effect on us and our results of operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">If we do not successfully comply with applicable anti-corruption laws, export control regulations and trade restrictions, we could become subject to fines, penalties or other regulatory sanctions, as well as to adverse press coverage, which could adversely impact our reputation, our sales or our profitability. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We operate our business and market our products in markets that, as a result of political, societal and economic instability, a lack of well-developed legal systems and potentially corrupt business environments, present us with political, economic and operational risks. Although we are committed to conducting business in a legal and ethical manner in compliance with local and international laws and regulations applicable to our business, there is a risk that management, employees or other representatives of our subsidiaries, affiliates, associates, joint ventures or other business interests may take actions that violate applicable anti-corruption laws and regulations, including applicable laws relating to the 1997 OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, the U.S. Foreign Corrupt Practices Act (the &#8220;<span style="font-weight:bold">FCPA</span>&#8221;), the U.K. Bribery Act and Brazilian Federal Law No.&#160;12,846/13 (an anti-bribery statute that took effect in January 2014). Such actions could expose us to potential liability and the costs associated with investigating potential misconduct. In addition, any press coverage associated with misconduct under these laws and regulations, even if unwarranted or baseless, could damage our reputation and sales. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a global brewer, we also operate our business and market our products in certain countries that may be subject to export control regulations, embargoes, economic sanctions and other forms of trade restrictions imposed by the United States, the European Union, the United Nations and other participants in the international community. In addition, certain of our associates also operate their business and market their products in countries subject to trade restrictions. For example, our subsidiary Ambev operates an indirect joint venture in Cuba with the Government of Cuba. See &#8220;&#8212;Our subsidiary Ambev operates a joint venture in Cuba, in which the Government of Cuba is its indirect joint venture partner. Cuba remains subject to comprehensive economic and trade sanctions by the United States and Ambev&#8217;s operation in Cuba may adversely affect our reputation and the liquidity and value of our securities.&#8221; The global reach of our operations also exposes us to risks associated with changes in tariffs or other trade measures. For more information regarding the risks to our business and operations posed by such measures, see &#8220;&#8212;We are exposed to risks associated with global, regional and local economic weakness and uncertainty (including those resulting from an economic downturn, recession, inflationary pressures and/or geopolitical instability), which could adversely affect our business and operations, the demand for our products and the market price of our Ordinary Shares and ADSs.&#8221; and &#8220;&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with the ongoing conflict between Russia and Ukraine, the U.S. government, the European Commission and the authorities of certain other jurisdictions in which we operate, have imposed sanctions and other restrictive measures against Russia. See &#8220;&#8212;Our business, financial performance and results of operations have been, and may continue to be, adversely affected by military conflicts and their related consequences&#8221; for more information regarding sanctions imposed against Russia and Russia&#8217;s response thereto. New or expanded export control regulations, economic sanctions, embargoes or other forms of trade restrictions imposed on Russia, Cuba, Iran or other countries in which we or our associates do business may curtail our existing business and may result in serious economic challenges in these geographies, which could have an adverse effect on our associates&#8217; operations, and may result in impairment charges on goodwill, other intangible assets or investments in associates. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our subsidiary Ambev operates a joint venture in Cuba, in which the Government of Cuba is its indirect joint venture partner. Cuba remains subject to comprehensive economic and trade sanctions by the United States and Ambev&#8217;s operations in Cuba may adversely affect our reputation and the liquidity and value of our securities. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Cerbuco&#160;Brewing Inc., (&#8220;<span style="font-weight:bold">Cerbuco</span>&#8221;), a subsidiary of our subsidiary Ambev, owns a 50% equity interest in Cervecer&#237;a Bucanero S.A., a Cuban company in the business of producing and selling beer. Consequently, we indirectly own, through our subsidiary Ambev, a 50% equity interest in Cervecer&#237;a Bucanero S.A. The remaining 50% equity interest is owned indirectly by the Government of Cuba through Corporaci&#243;n Alimentaria, S. A. Cervecer&#237;a Bucanero S.A. is operated as a joint venture in which Cerbuco&#160;appoints the general manager. In 2021, Cerbuco&#160;initiated arbitration proceedings regarding potential breach&#160;of certain obligations relating to&#160;the joint venture. For more information regarding the arbitration proceedings, please see &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;Ambev and its Subsidiaries&#8212;Cerbuco Brewing Arbitration&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Cervecer&#237;a Bucanero S.A.&#8217;s main beer brands are Bucanero, Cristal and Mayabe. In 2025, Cervecer&#237;a Bucanero S.A. sold 1.24&#160;million hectoliters of beer, representing about 0.2% of our global volume of 561.1&#160;million hectoliters for the year. Although Cervecer&#237;a Bucanero S.A.&#8217;s production is primarily sold in Cuba, a small portion of its production is exported to and sold by certain distributors in other countries outside Cuba (but not in the United States). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on U.S. foreign policy, the U.S. Treasury Department&#8217;s Office of Foreign Assets Control and the U.S. Commerce Department together administer and enforce broad and comprehensive economic and trade sanctions against Cuba. Although our operations in Cuba through our subsidiary Ambev are quantitatively immaterial, our overall business reputation may be harmed or we may face additional regulatory scrutiny as a result of our activities in Cuba based on the identification of Cuba as a target of U.S. economic and trade sanctions. In addition, Title III of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 (known as the &#8220;<span style="font-weight:bold">Helms-Burton Act</span>&#8221;) authorizes private lawsuits for damages against anyone who traffics in property confiscated without compensation by the Government of Cuba from persons who at the time were, or have since become, nationals of the United States. Separately, Title IV of the Helms-Burton Act authorizes the U.S. Department of State to prohibit entry into the United States of <span style="white-space:nowrap">non-U.S.</span> persons who traffic in confiscated property, and corporate officers and principals of such persons, and their families. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">6. Brand and Intellectual Property Risks </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We rely on the image and reputation of our brands and our marketing efforts may be restricted by regulations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our success depends on our ability to maintain and enhance the image and reputation of our existing products and to develop a favorable image and reputation for new products; for more information see &#8220;&#8212;Damage to our reputation or the image and reputation of our brands can adversely affect our business.&#8221; The image and reputation of our products may be affected in the future and concerns about product quality, even when unfounded, could tarnish the image and reputation of our products. An event, or series of events, that materially damages the reputation of one or more of our brands could have an adverse effect on the value of that brand and subsequent revenues from that brand or business. Restoring the image and reputation of our products may be costly and may not be possible. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Moreover, our marketing efforts may be constrained by restrictions on the permissible advertising style, media channels and messages used, or on the products that may be advertised. In a number of countries, for example, television is a prohibited medium for advertising beer and other alcohol beverage products, and in other countries, the marketing or selling of beer at sporting events may be restricted. Even when advertising is permitted, it may be regulated by advertising codes and applicable laws. Any additional restrictions may constrain our marketing activities and thus reduce the value of our brands and related revenues. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any of the foregoing could have a material adverse effect on our business, financial condition and results of operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may not be able to protect our intellectual property rights, and our ability to compete effectively may be harmed if our intellectual property rights are infringed by third parties. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our future success depends significantly on our ability to protect our current and future brands and products and to defend our intellectual property rights, including trademarks, patents, copyrights, domain names, trade secrets and <span style="white-space:nowrap">know-how.</span> We have been granted numerous trademark registrations and patents covering our brands and products and have filed, and expect to continue to file, trademark and patent applications seeking to protect newly developed brands and products. We cannot be sure that trademark registrations and patents will be issued with respect to any of our applications. There is also a risk that we could, by omission, fail to renew a trademark or patent on a timely basis or that our competitors will challenge, invalidate or circumvent any existing or future trademarks and patents issued to, or licensed by, us. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although we have endeavored to take appropriate action to protect our portfolio of intellectual property rights (including patent applications, trademark registrations, copyrights, trade secrets, domain names and ongoing enforcement actions), we cannot be certain that the steps we have taken will be sufficient, that third parties will not infringe upon or misappropriate our proprietary rights, or that governments will protect or enforce our rights. Moreover, some of the countries in which we operate offer less effective intellectual property protection than is available in Europe or the United States. If we are unable to protect our proprietary rights against infringement or misappropriation (including as result of developments in artificial intelligence technologies), it could have a material adverse effect on our business, results of operations, cash flows or financial condition and, in particular, on our ability to develop our business. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">An impairment of goodwill or other intangible assets could adversely affect our financial condition and results of operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our accounting policy considers brands and distribution rights for our own products as intangible assets with indefinite useful lives, which are tested for impairment on an annual basis (or more often if an event or circumstance indicates that an impairment loss may have been incurred) and not amortized. As of 31&#160;December 2025, our total goodwill amounted to USD 117.9&#160;billion and our intangible assets with indefinite useful lives amounted to USD 38.5&#160;billion. However, if our businesses do not develop as expected, we may be required to record future goodwill impairment charges which could have an adverse effect on our results of operations and financial conditions. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">7. Other risks related to our business </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Climate change or other environmental concerns, or legal, regulatory or market measures to address climate change or other environmental concerns, may negatively affect our business or operations, including the availability of key production or supply chain inputs. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Climate change resulting from increased concentrations of carbon dioxide and other greenhouse gases in the atmosphere could have an adverse impact on global temperatures, weather and precipitation patterns and the frequency and severity of extreme weather and natural disasters. In the event that such climate change has a negative effect on agricultural productivity, we may be subject to decreased availability or less favorable pricing for certain agricultural commodities necessary for our products, such as barley, hops and rice. In addition, social attitudes, customer preferences and investor sentiment regarding environmental and energy policies are increasingly polarized, and as a result we may be subject to public criticism or face pressure from our shareholders, regulators, suppliers, customers or consumers to make varying changes in how we address environmental concerns, which may require us to incur increased costs and expose us to regulatory inquiry or legal action, including actions related to any environmental claim or disclosure. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Changes in precipitation patterns and the frequency of extreme weather events may affect our water supply and physical operations, and the supply of necessary agricultural crops. In the event that climate change leads to droughts or water over-exploitation or has a negative effect on water availability or quality, the price of water may increase in certain areas and certain jurisdictions may adopt regulations restricting the use of water or enact other unfavorable changes to applicable water-related taxes and regulations. Such measures, if adopted, could lead to increased regulatory pressures, production costs or capacity constraints. In addition, governmental authorities in various countries have proposed, and are likely to continue to propose, legislative and regulatory initiatives to reduce or mitigate the impacts of climate change on the environment. Public expectations for reductions in greenhouse gas emissions or adoption of legal and regulatory requirements designed to address climate change could result in increased energy, transportation and raw material costs and may require us to make additional investments in facilities and equipment. We announced our 2025 Sustainability Goals focused on smart agriculture, water stewardship, circular packaging and climate action and an ambition to achieve net zero emissions across our value chain by 2040. While we did not achieve some of our goals by 2025, our work in these areas is ongoing. For further details please see &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;13. Social and Community Matters&#8212;Improving environmental resilience and promoting inclusive growth.&#8221; There is no assurance that we will achieve any of our goals or ambitions relating to sustainability or that our initiatives will achieve their intended outcomes. If we fail to achieve these goals or ambitions for any reason, there is a risk of reputational damage. As a result of the foregoing factors, the effects of climate change could have a long-term, material adverse impact on our business and results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our sustainability reporting is subject to the European Union Corporate Sustainability Reporting Directive (CSRD) and considers key <span style="white-space:nowrap">non-financial</span> indicators and guidance from frameworks such as the Sustainability Accounting Standards Board (SASB), the United Nations (UN) Guiding Principles reporting framework, the Task Force on Climate-related Financial Disclosure (TCFD) and the relevant United Nations Sustainable Development Goals (SDGs). We are required to report greenhouse gas emissions, energy data and other related information to a variety of entities, and to comply with the wider obligations of the European Union Emissions Trading Scheme. In addition, regulators in various jurisdictions in which we operate, have recently focused efforts on increased disclosures and due diligence obligations related to sustainability matters, including mitigation of climate change and human rights concerns, and these regulations (if adopted) could expand the nature, scope and complexity of matters that we are required to control, assess and report and we may be required to make additional investments and implement new practices and reporting processes, all entailing additional compliance risk. Disparate and evolving standards for considering, identifying, measuring, and reporting sustainability metrics, including sustainability-related disclosures that may be required by European and other regulators, could significantly increase compliance burdens and associated regulatory and reporting costs and complexity. If we are unable to measure, track and disclose information accurately and in a timely manner, we could be subject to civil penalties for <span style="white-space:nowrap">non-compliance</span> in the various jurisdictions in which we operate. In addition, the need for us to comply with the European Union Emissions Trading Scheme could result in increased operational costs if we are unable to meet our compliance obligations and exceed our emission allocations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our operations are subject to environmental regulations by national, state and local agencies, including, in certain cases, regulations that impose liability without regard to fault. These regulations can result in liability that might adversely affect our operations. The environmental regulatory landscape in certain markets in which we operate is becoming stricter, with a greater emphasis on enforcement. While we have continuously invested in reducing our environmental risks and budgeted for future capital and operating expenditures to maintain compliance with applicable environmental laws and regulations, there can be no assurance that we will not incur a substantial environmental liability or that applicable environmental laws and regulations will not change or become more stringent in the future. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We are exposed to risks arising from labor practices, labor strikes and disputes that could lead to a negative impact on our costs and production level. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The global nature of our operations also subjects us to risks arising from labor practices, work conditions and employee health and safety. Negative publicity and campaigns, actions or statements by activists or other public figures, whether or not warranted, connecting us, our supply chain or our business partners with workplace and human rights issues, whether actual or perceived, could adversely impact our reputation and our business. We have adopted policies making a number of commitments to respect human rights, including our commitment to the principles and guidance contained in the UN Guiding Principles on Business and Human Rights. Allegations, even if untrue, that we are not meeting our commitments or the actual or perceived failure by our suppliers or other business partners to comply with applicable workplace and labor laws, including child labor laws, or their actual or perceived abuse or misuse of migrant workers could negatively affect our reputation and the image and reputation of our brands and may adversely affect our business. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our success depends on maintaining good relations with our workforce. In several of our operations, a majority of our workforce is unionized. For instance, a majority of the hourly employees at our breweries in several key countries in different geographies are represented by unions. Our production may be affected by work stoppages or slowdowns as a result of disputes under existing collective labor agreements with labor unions. We may not be able to satisfactorily renegotiate our collective labor agreements when they expire and may face more difficult negotiations or higher wage and benefit demands. Furthermore, a work stoppage or slowdown at our facilities could interrupt the transport of raw materials from our suppliers or the transport of our products to our customers. Such disruptions could put a strain on our relationships with suppliers and customers and may have lasting effects on our business even after the disputes with our labor force have been resolved, including as a result of negative publicity. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our production may also be affected by work stoppages or slowdowns that affect our suppliers, distributors and retail delivery/logistics providers as a result of disputes under existing collective labor agreements with labor unions, in connection with negotiations of new collective labor agreements, or as a result of financial distress of our suppliers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A strike, work stoppage or slowdown within our operations or those of our suppliers, or an interruption or shortage of raw materials for any other reason (including, but not limited to, financial distress, natural disaster or difficulties affecting a supplier) could have a material adverse effect on our earnings, financial condition and ability to operate our business. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our United States organization has approximately 5,100 hourly brewery workers represented predominantly by the International Brotherhood of Teamsters, but also by other unions with respect to specific classifications of employees at certain locations.&#160;Their compensation and other terms of employment are governed by collective bargaining agreements negotiated between us and their respective unions. The collective bargaining agreement between us and the Teamsters is in effect from 1&#160;March 2024 through 28&#160;February 2029. Approximately 1,150 hourly employees at certain company-owned distributorships and packaging plants are also represented by the Teamsters or other unions. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Like most major corporations, we rely on information and operational technology systems, networks and services (&#8220;<span style="font-weight:bold">information systems</span>&#8221;) to support our business processes and activities, including procurement and supply chain, manufacturing, sales, human resources management, distribution and marketing. We also rely on these information systems to collect, process, transmit and store large amounts of electronic data, including, but not limited to, sensitive, confidential or personal information of customers and consumers, to enable the operation and management of our business, including, but not limited to, internal and external communications, to provide services and to manufacture and distribute the products that we sell. These systems, including those fully or partially outsourced to or operated or maintained by third parties, including our suppliers, distributors, contractors, joint venture partners and other external business partners, and by others on which they rely, may be vulnerable to a variety of threats that can compromise the confidentiality, integrity or availability of our data or information systems or information about our company, customers, operations and employees that we may share with vendors that assist with certain aspects of our business. Additionally, <span style="white-space:nowrap">e-commerce,</span> including direct sales to customers and consumers, has become increasingly integrated in our operations and contributes significantly to our sales and revenues. For more information regarding our digital commerce activities, please see &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;2. Principal Activities and Products&#8212; Digital Transformation&#8221;. Such digitization initiatives increase the amount of information that we process and maintain and therefore increase our potential exposure to a security incident impacting our information systems. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The risks associated with informational and operational technology incidents have increased in recent years given the increased prevalence of remote work arrangements, the increasing sophistication of cybersecurity attacks, and may be further heightened by geopolitical tensions and conflicts, and the use of third-party vendors. Unauthorized or accidental access to, or destruction, loss, alteration, disclosure, misuse or unavailability of, information systems, including those of third parties, could result in operational and supply chain disruptions, violations of data privacy laws and regulations, legal claims or proceedings, regulatory penalties, damage to our reputation or our competitive advantage, inability to meet contractual obligations, disruptions to the deployment and/or execution of our events, loss of opportunities to acquire or divest businesses or brands and loss of ability to commercialize products developed through research and development efforts, and, therefore, could have a negative impact on net operating revenues. Other potential threats to our data and information systems include, but are not limited to, natural disasters, physical attacks, telecommunications failures, power outages, unintentional or malicious actions of employees or contractors, computer viruses, hackers, phishing attempts, cyber-attacks, malware and ransomware attacks. Further, the sophistication of cybersecurity threat actors continues to evolve and grow, including the risks associated with the use of emerging technologies, such as artificial intelligence, for nefarious purposes. As we use artificial intelligence to improve detection of cybersecurity threats, attackers also leverage it to make tactics such as identity theft more sophisticated and difficult to detect. Resulting technology disruptions can have a material adverse effect on our business, results of operations, cash flows or financial condition. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, our reliance on shared services centers for an increasing number of services important to conducting our business, including accounting, internal control, human resources and IT services, means that any technology disruption could impact a large portion of our business within the operating regions served. Any changes to or transitions of processes to, from or within shared services centers could lead to business disruptions, loss of sensitive, personal or confidential data, and other harms. If we do not allocate and effectively manage the resources necessary to build and sustain the proper technology infrastructure, we could be subject to transaction errors, processing inefficiencies, the loss of, or failure to attract new customers, lost revenues resulting from the disruption or shutdown of computer systems, unexpected failure of devices and software in use by our IT platforms, operations or supply chain disruptions, alteration, corruption or loss of accounting, financial or other data on which we rely for financial reporting and other purposes, which could cause errors or delays in our financial reporting, or the loss of or damage to intellectual property. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We take various actions with the aim of minimizing the likelihood and impact of cybersecurity attacks and other disruptions to our information systems, such as investing in cyber defense solutions, conducting internal and external assessments, leveraging new technologies to improve threat detection, building and implementing business continuity plans and reviewing risk management processes. Our third-party partners and enterprise customers of the BEES business, which is operated by our wholly-owned subsidiary, also increasingly demand rigorous contractual provisions regarding privacy, cyber security, data governance, data protection and confidentiality, which may also increase our overall compliance burden. Likewise, we may seek to impose contractual provisions on our third-party partners requiring security measures aimed at mitigating such cybersecurity threats. Regardless of such measures, we may experience financial and reputational damage because of the impact of any such cybersecurity incident, including business disruption, an inability to meet contractual obligations or lost or misappropriated confidential information belonging to us, our current or former employees, our customers or suppliers, or consumers or other data subjects. As a result of any such incident, we may also become exposed to legal action and increased regulatory oversight. We could also be required to spend significant financial and other resources to investigate and remedy the damage caused by a security breach or to repair or replace networks and information systems. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">While we continue to invest in prevention, detection, and response systems, no information system can be entirely free of vulnerability to attack, failure, or compromise. During the normal course of business, we have experienced and continue to expect to experience attempted breaches of our information systems and other cybersecurity incidents from time to time. In 2025, as in previous years, we experienced several cybersecurity incidents and other disruptions to our information systems. None of these incidents and systems disruptions, including those reported to us by our third-party partners, had a material impact on our business or operations or resulted in material unauthorized access to our data or our customers&#8217; data. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">If we or our third party partners fail to comply with privacy, personal data protection or cybersecurity laws and regulations, we could be subject to adverse publicity, government enforcement actions and/or private litigation, which could negatively affect our business and operating results. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the ordinary course of our business, we and our third party partners receive, process, transmit and store information relating to identifiable individuals (&#8220;<span style="font-weight:bold">personal data</span>&#8221;), such as employees, customers and consumers. As a result, we and our third party partners are subject to various laws and regulations relating to personal data. These laws have been subject to frequent changes, and new legislation in this area may be enacted in other jurisdictions at any time. For example, we have data processing activities that are subject to the General Data Protection Regulation adopted in the EU, the California Consumer Privacy Act, the Personal Information Protection Law of the People&#8217;s Republic of China and the General Personal Data Protection Law adopted in Brazil, among others. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any changes to existing privacy, personal data protection or cybersecurity laws and the introduction of such laws in other jurisdictions, have subjected and may continue in the future to subject us to, among other things, additional costs and expenses and have required and may in the future require costly changes to our business practices, security systems and technologies, policies, procedures and practices. There is no assurance that our security and privacy controls over personal data, the training of employees and vendors on data privacy and cybersecurity, and the policies, procedures and practices we have implemented or may implement in the future, or those of our third party partners, will prevent the improper disclosure of personal data. Improper disclosure of personal data and any other violations of privacy, personal data protection or cybersecurity laws could harm our reputation, cause business and operational disruptions, increase our exposure to cybersecurity risks, subject us to government enforcement actions (including fines and data processing restrictions) or result in private litigation against us, which could negatively affect our business and operating results. For more information on risks specific to cybersecurity, see &#8220;&#8212;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">8. General Risks </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Natural and other disasters, including public health crises and global pandemics, could disrupt our operations. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business and operating results could be negatively impacted by natural, social, technical or physical risks such as a widespread health emergency such as the <span style="white-space:nowrap">COVID-19</span> pandemic (or concerns over the possibility of such an emergency), earthquakes, extreme weather conditions, hurricanes, typhoons, flooding, fire, water scarcity, power loss, loss of water supply, telecommunications and information technology system failures, cyberattacks, labor disputes, political or social instability, military conflict and uncertainties arising from terrorist attacks. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may not be able to recruit or retain key personnel. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In order to develop, support and market our products, we must hire and retain skilled employees with particular areas of expertise. The implementation of our strategic business plans could be undermined by a failure to recruit or retain key personnel or the unexpected loss of senior employees, including in acquired companies. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We face various challenges inherent in the management of a large number of employees across diverse geographical regions. It is not certain that we will be able to attract or retain key employees and successfully manage them, which could disrupt our business and have an unfavorable material effect on our financial position, income from operations and competitive position. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our insurance coverage may not be sufficient to protect us from material liabilities. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We purchase insurance for director and officer liability and other coverage where required by law or contract or where considered to be in our best interest. Even though we maintain these insurance policies, we self-insure most of our insurable risk. Should an uninsured loss or a loss in excess of insured limits occur, this could adversely impact our business, results of operations and financial condition. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Risks Related to Our Ordinary Shares and American Depositary Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The market price of our Ordinary Shares and ADSs may be volatile. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The market price of our Ordinary Shares and ADSs may be volatile as a result of various factors, many of which are beyond our control. These factors include, but are not limited to, the following: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">actual or anticipated fluctuations in our results of operations and financial condition; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">volatility in the market as a whole or investor perception of the beverage industry or of our competitors; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">changes in the estimates of our results of operations by securities analysts; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the conversion of Restricted Shares into Ordinary Shares, the Restricted Shares having become so convertible since 11&#160;October 2021 (see &#8220;Item&#160;10&#8212;Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information&#8212;Form and Transferability of Our Shares&#8212;Restricted Shares&#8212;Conversion into Ordinary Shares&#8221;); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">potential or actual sales of blocks of our Ordinary Shares (including those converted from Restricted Shares) or ADSs in the market by any shareholder or short selling of our Ordinary Shares or ADSs. Any such transaction could occur at any time or from time to time, with or without notice; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the entry of new competitors or new products in the markets in which we operate; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the occurrence of any of the matters discussed in the risk factors mentioned in this section. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The market price of our Ordinary Shares and ADSs may be adversely affected by any of the preceding or other factors regardless of our actual results of operations and financial condition. See also &#8220;&#8212;Future equity issuances may dilute the holdings of current shareholders or ADS holders and any such offerings by us or any large sales by our shareholders could materially affect the market price of our Ordinary Shares or ADSs&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, we enter into equity swap derivatives to hedge the price risk on our shares in connection with our share-based payment programs and also hedge our exposure arising from shares issued in connection with the Grupo Modelo combination and the acquisition of SAB. These derivative instruments do not qualify for hedge accounting and thus changes in the fair value of the hedges are recognized in our profit or loss account for the period. See &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk &#8212; Market Risk, Hedging and Financial Instruments &#8212; Equity Price Risk&#8221;. As we currently hedge the exposure for an equivalent of 100.5&#160;million of our shares, a significant change in our share price will have a significant impact on our profit or loss account. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our largest shareholder may use its significant interest to take actions not supported by our other shareholders. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, our largest shareholder, Stichting Anheuser-Busch InBev (the &#8220;<span style="font-weight:bold">Stichting</span>&#8221;), owned 33.99% of our voting rights (and the Stichting and certain other entities acting in concert with it (within the meaning of the Belgian Law of 1&#160;April 2007 on public takeover bids and/or the Belgian Law of 2&#160;May 2007 on the disclosure of significant shareholdings in issuers whose securities are admitted to trading on a regulated market and containing various provisions, implementing into Belgian law Directive 2004/109/CE (the &#8220;<span style="font-weight:bold">Belgian Law of 2</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;May 2007 on the notification of significant shareholdings</span>&#8221;)) held, in aggregate, 39.50% of our voting rights), based on the number of shares outstanding on 31&#160;December 2025, excluding the 68,489,754 treasury shares held by us and certain of our subsidiaries (see &#8220;Item&#160;7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8221; and &#8220;Item&#160;5. Operating and Financial Review&#8212;G. Contractual Obligations and Contingencies&#8221;). In accordance with our articles of association, the Stichting has the ability to effectively control the election of a majority of our board of directors, as a result of which, under Belgian law, the Stichting exercises its control over us. The Stichting is also able to have a significant influence on the outcome of corporate actions requiring shareholder approval, including mergers, share capital increases and other extraordinary items. See &#8220;Item&#160;10. Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information&#8212;Description of the Rights and Benefits Attached to Our Shares&#8221; for further information in this respect. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The interests and time horizons of the Stichting may differ from those of other shareholders. As a result of its influence on our business, the Stichting could prevent us from making certain decisions or taking certain actions that would protect the interests of our other shareholders. For example, this concentration of ownership may delay or prevent a change of control of the company, even in the event that this change of control may benefit other shareholders generally. Similarly, the Stichting could prevent us from taking certain actions that would dilute its percentage interest in our shares, even if such actions would generally be beneficial to us and/or to other shareholders. These and other factors related to the Stichting&#8217;s holding of a significant interest in our shares may reduce the liquidity of our shares and ADSs and their attractiveness to investors. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">We may determine not to pay dividends. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a general matter, we cannot guarantee that we will pay dividends in the future. The payment of dividends will depend on factors such as our business outlook, cash flow requirements and financial performance, the state of the market and the general economic climate and other factors, including tax and other regulatory considerations. In particular, in light of the increased debt that resulted from completion of the combination with SAB, deleveraging remains a priority and may restrict the amount of dividends we pay. In line with our financial discipline and deleveraging objectives, any recommended dividends proposed by the Board in its discretion will balance our capital allocation priorities and dividend policy. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Fluctuations in the exchange rate between the Euro, the South African rand, the Mexican peso and the U.S. dollar may increase the risk of holding our ADSs and Ordinary Shares. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Ordinary Shares currently trade on Euronext Brussels in Euro and we have secondary listings of our shares on the Johannesburg Stock Exchange in South African rand and on the Mexican Stock Exchange (<span style="font-style:italic">Bolsa Mexicana de Valores</span>) in Mexican peso. Our ADSs trade on the NYSE in U.S. dollars. Fluctuations in the exchange rate between the Euro, the South African rand, the Mexican peso and the U.S. dollar may result in temporary differences between the value of our Ordinary Shares trading in different currencies and between the value of our Ordinary Shares and ADSs, which may result in heavy trading by investors seeking to exploit such differences. Similarly, uncertainty over fiscal and budgetary challenges in the United States, Mexico, South Africa and/or Europe may negatively impact global economic conditions, and could trigger sharply increased trading and consequent market fluctuations, which would increase the volatility of, and may have an adverse effect upon, the price of our Ordinary Shares or ADSs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, as a result of fluctuations in the exchange rate between the U.S. dollar, the Euro, the South African rand and the Mexican peso, the U.S. dollar equivalent of the proceeds that a holder of our ADSs would receive upon the sale in Belgium, South Africa or Mexico of any shares withdrawn from the American Depositary Receipt (&#8220;<span style="font-weight:bold">ADR</span>&#8221;) depositary and the U.S. dollar equivalent of any cash dividends paid in Euro on our Ordinary Shares represented by the ADSs could also decline. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Future equity issuances may dilute the holdings of current shareholders or ADS holders and any such offerings by us or any large sales by our shareholders could materially affect the market price of our Ordinary Shares or ADSs. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may in the future decide to offer additional equity to raise capital or for other purposes, in compliance with applicable Belgian legislation. Any such additional offering could reduce the proportionate ownership and voting interests of holders of our Ordinary Shares and ADSs, as well as our earnings per share or ADS and net asset value per share or ADS, and any offerings by us or our shareholders could have an adverse effect on the market price of our Ordinary Shares and ADSs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We entered into a registration rights agreement requiring us to, in certain circumstances, register for resale under the Securities Act of 1933, as amended (the &#8220;<span style="font-weight:bold">Securities Act</span>&#8221;), all registrable shares held by the holders of Restricted Shares (the &#8220;<span style="font-weight:bold">Restricted Shareholders</span>&#8221;). As of 31&#160;December 2025, Altria Group, Inc. and BEVCO Lux S.&#224; R.L held 125,115,417 and 96,862,718 Restricted Shares, respectively, representing 6.41% and 4.97% of our outstanding shares as of 31&#160;December 2025 (excluding treasury shares). Although the Restricted Shares were generally subject to certain holdback and suspension periods until 10&#160;October 2021, the Restricted Shares may be converted to Ordinary Shares at the option of the holder and, once they have been converted, are not subject to a <span style="white-space:nowrap">&#8220;lock-up&#8221;</span> or similar restriction under the registration rights agreement. As of 31&#160;December 2025, 103,957,838 Restricted Shares have been converted into Ordinary Shares, on a <span style="white-space:nowrap"><span style="white-space:nowrap">one-for-one</span></span> basis at the election of the holders. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Registration and sales of our Ordinary Shares will increase the number of shares being sold in the public market, could have an adverse effect on the market price of our Ordinary Shares and ADSs and may increase the volatility of the price of our Ordinary Shares and ADSs. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Investors may experience dilution if they are not able to participate in equity offerings, and our ADS holders may not receive any value for rights that we may grant. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our constitutional documents provide for preference rights to be granted to our existing shareholders unless such rights are disapplied by resolution of our shareholders&#8217; meeting or the Board of Directors. Our shareholders&#8217; meeting or our Board of Directors may disapply such rights in future equity offerings, while no preference rights apply to capital increases through contributions in kind. In addition, certain shareholders (including shareholders resident in, or citizens of, certain jurisdictions, such as the United States, Australia, Canada and Japan) may not be entitled to exercise such rights even if they are not disapplied unless the rights and related shares are registered or qualified for sale under the relevant legislative or regulatory framework. In particular, there can be no assurance that we will be able to establish an exemption from registration under the Securities Act and we are under no obligation to file a registration statement with respect to any such preferential subscription rights or underlying securities or to endeavor to have a registration statement declared effective under the Securities Act (other than as set out in the Registration Rights Agreement) (see &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB &#8212; Registration Rights Agreement&#8221; for more information on the Registration Rights Agreement). As a result, there is the risk that investors may experience dilution of their shareholding should they not be permitted to participate in preference right equity or other offerings that we may conduct in the future. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If rights are granted to our shareholders, but the ADR depositary is unable to sell rights corresponding to shares represented by ADSs that are not exercised by, or distributed to, our ADS holders, or if the sale of such rights is not lawful or reasonably practicable, the ADR depositary will allow the rights to lapse, in which case ADS holders will receive no value for such rights. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">ADS holders may not be able to exercise their right to vote the shares underlying our ADSs. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Holders of ADSs may be entitled to exercise voting rights with respect to the Ordinary Shares represented by our ADSs only in accordance with the provisions of the deposit agreement (as amended from time to time, the &#8220;<span style="font-weight:bold">Deposit Agreement</span>&#8221;), dated 30&#160;June 2009, as amended from time to time, among AB InBev, The Bank of New York Mellon, as depositary, and the owners and holders of American Depositary Shares from time to time under the Deposit Agreement. The Deposit Agreement provides that, upon receipt of a notice of any meeting of holders of our Ordinary Shares, the depositary will, if we so request, distribute to the ADS holders a notice which shall contain (i)&#160;such information as is contained in the notice of the meeting sent by us, (ii)&#160;a statement that the ADS holder as of the specified record date shall be entitled to instruct the ADR depositary as to the exercise of voting rights and (iii)&#160;a statement as to the manner in which instructions may be given by the holders. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Deposit Agreement, holders of ADSs may instruct the depositary to vote the shares underlying their ADSs, but they will only receive the notice described above if we ask the depositary to ask for their instructions. Otherwise, ADS holders will not be able to exercise their right to vote, unless they withdraw the Ordinary Shares underlying the ADSs they hold. However, ADS holders may not know about the meeting far enough in advance to withdraw those shares. If we ask for the instructions of ADS holders, the depositary, upon timely notice from us, will notify ADS holders of the upcoming vote and arrange to deliver our voting materials to them. We cannot guarantee ADS holders that they will receive the voting materials in time to ensure that they can instruct the depositary to vote their shares. In addition, the depositary and its agents are not responsible for failing to carry out voting instructions or for the manner of carrying out voting instructions. This means that ADS holders may not be able to exercise their right to vote, and there may be nothing they can do if the shares underlying their ADSs are not voted as requested. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">ADS holders may be subject to limitations on the transfer of their ADSs or the withdrawal of the underlying Ordinary Shares from the deposit facility. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ADSs are transferable on the books of the ADR depositary. However, the ADR depositary may refuse to deliver, transfer or register transfers of ADSs generally when the books of the depositary are closed or if such action is deemed necessary or advisable by the depositary or by us because of any requirement of law or of any government or governmental body or commission or under any provision of the Deposit Agreement. Moreover, the surrender of ADSs and withdrawal of Ordinary Shares may be suspended subject to the payment of fees, taxes and similar charges or if we direct the depositary at any time to cease new issuances and withdrawals of our Ordinary Shares during periods specified by us in connection with shareholders&#8217; meetings, the payment of dividends or as otherwise reasonably necessary for compliance with any applicable laws or government regulations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Shareholders may not enjoy under Belgian corporate law and our articles of association certain of the rights and protections generally afforded to shareholders of U.S. companies under U.S. federal and state laws and the NYSE rules. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a public limited liability company incorporated under the laws of Belgium. Shareholders may not enjoy under Belgian corporate law and our articles of association certain of the rights and protections generally afforded to shareholders of U.S. companies under U.S. federal and state laws and the NYSE rules. The rights provided to our shareholders under Belgian corporate law and our articles of association differ in certain respects from the rights that you would typically enjoy as a shareholder of a U.S. company under applicable U.S. federal and/or state laws. In general, the Belgian Corporate Governance Code is a code of best practice applying to Belgian-listed companies on a <span style="white-space:nowrap">non-binding</span> basis. The Belgian Corporate Governance Code applies a &#8220;comply or explain&#8221; approach, i.e., companies may depart from the Belgian Corporate Governance Code&#8217;s provisions if, as required by law, they give a reasoned explanation of the reasons for doing so. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We rely on a provision in the NYSE Listed Company Manual that allows us to follow Belgian corporate law and the Belgian Corporate Governance Code with regard to certain aspects of corporate governance. This allows us to follow certain corporate governance practices that differ in significant respects from the corporate governance requirements applicable to U.S. companies listed on the NYSE. See &#8220;Item&#160;16G. Corporate Governance&#8221; for additional information on these differences. In particular, the NYSE rules require a majority of the directors of a U.S.-listed company to be independent while, in Belgium, only three directors need be independent. Our board currently comprises three independent directors and 12 directors not deemed to be &#8220;independent&#8221; under the NYSE listing standards. See &#8220;Item&#160;6. Directors, Senior Management and Employees&#8212;A. Directors and Senior Management&#8212;Board of Directors.&#8221; The NYSE rules further require that each of the nomination, compensation and audit committees of a listed U.S. company be comprised entirely of independent directors. However, the Belgian Corporate Governance Code recommends only that a majority of the directors on each of these committees meet the technical requirements for independence under Belgian corporate law. All voting members of our Audit Committee are independent for purposes of Rule <span style="white-space:nowrap">10A-3</span> under the U.S. Securities Exchange Act of 1934, as amended (the &#8220;<span style="font-weight:bold">Exchange Act</span>&#8221;). Our Audit Committee, Nomination Committee and Remuneration Committee have members who would not be considered independent under NYSE rules, and, therefore, our Audit Committee, Nomination Committee and Remuneration Committee would not be in compliance with the NYSE Corporate Governance Standards for domestic issuers in respect of the independence of these committees. However, our Audit Committee, Nomination Committee and Remuneration Committee are composed exclusively of <span style="white-space:nowrap">non-executive</span> directors who are independent of management and whom we consider to be free of any business or other relationship which could materially interfere with the exercise of their independent judgment. See &#8220;Item&#160;6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;Information about Our Committees&#8212;General.&#8221; </p> <p style="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&#160;</p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under Belgian corporate law, other than certain limited information that we must make public, our shareholders may not ask for an inspection of our corporate records, while under Delaware corporate law, any shareholder, irrespective of the size of his or her shareholdings, may do so. Shareholders of a Belgian corporation are also unable to initiate a derivative action, a remedy typically available to shareholders of U.S. companies, in order to enforce a right of AB InBev, in case we fail to enforce such right ourselves, other than in certain cases of director liability under limited circumstances. In addition, a majority of our shareholders may release a director from any claim of liability we may have, including if he or she has acted in bad faith or has breached his or her duty of loyalty, provided, in some cases, that the relevant acts were specifically mentioned in the convening notice to the shareholders&#8217; meeting deliberating on the discharge. In contrast, most U.S. federal and state laws prohibit a company or its shareholders from releasing a director from liability altogether if he or she has acted in bad faith or has breached his or her duty of loyalty to the company. Finally, Belgian corporate law does not provide any form of appraisal rights in the case of a business combination. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For additional information on these and other aspects of Belgian corporate law and our articles of association, see &#8220;Item&#160;10. Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information.&#8221; As a result of these differences between Belgian corporate law and our articles of association, on the one hand, and U.S. federal and state laws, on the other hand, in certain instances, you could receive less protection as a shareholder of our company than you would as a shareholder of a U.S. company. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">As a &#8220;foreign private issuer&#8221; in the United States, we are exempt from a number of rules under U.S. securities laws and are permitted to file less information with the SEC than domestic issuers. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a &#8220;foreign private issuer,&#8221; we are exempt from certain rules under the Exchange Act that impose certain disclosure obligations and procedural requirements for proxy solicitations under Section&#160;14 of the Exchange Act. In addition, our officers, directors and principal shareholders are exempt from the &#8220;short-swing&#8221; profit recovery provisions under Section&#160;16 of the Exchange Act. Moreover, we are not required to file periodic reports and financial statements with the SEC as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act. Accordingly, there may be less publicly available information concerning us than there is for U.S. public companies. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">It may be difficult for investors outside Belgium to serve process on or enforce foreign judgments against us. </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a Belgian public limited liability company. Certain of the members of our Board of Directors and the Executive Committee and certain of the persons named herein are <span style="white-space:nowrap">non-residents</span> of the United States. All or a substantial portion of the assets of such <span style="white-space:nowrap">non-resident</span> persons and certain of our assets are located outside the United States. As a result, it may not be possible for investors to effect service of process upon such persons or on us or to enforce against them or us a judgment obtained in U.S. courts. Original actions or actions for the enforcement of judgments of U.S. courts relating to the civil liability provisions of the federal or state securities laws of the United States are not directly enforceable in Belgium. The United States and Belgium do not currently have a multilateral or bilateral treaty providing for reciprocal recognition and enforcement of judgments, other than arbitral awards, in civil and commercial matters. In order for a final judgment for the payment of money rendered by U.S. courts based on civil liability to produce any effect on Belgian soil, it is accordingly required that this judgment be recognized or be declared enforceable by a Belgian court pursuant to the relevant provisions of the 2004 Belgian Code of Private International Law. Recognition or enforcement does not imply a review of the merits of the case and is irrespective of any reciprocity requirement. A U.S. judgment will, however, not be recognized or declared enforceable in Belgium if it infringes upon one or more of the grounds for refusal which are exhaustively listed in Article 25 of the Belgian Code of Private International Law. In addition to recognition or enforcement, a judgment by a federal or state court in the United States against us may also serve as evidence in a similar action in a Belgian court if it meets the conditions required for the authenticity of judgments according to the law of the state where it was rendered. </p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">INFORMATION ON THE COMPANY </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_18"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">HISTORY AND DEVELOPMENT OF THE COMPANY </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are the world&#8217;s largest brewer by volume and one of the world&#8217;s top ten consumer products companies by revenue. As a consumer-focused, insights-driven company, we produce, market, distribute and sell a diversified portfolio of well over 400 beer and other malt beverage brands. These include brands with significant international distribution, such as Budweiser, Corona (except in the United States), Stella Artois, Michelob ULTRA, Beck&#8217;s, Leffe and Hoegaarden; and brands primarily distributed to local markets such as Bud Light in the United States, Modelo Especial, Victoria and Pacifico in Mexico; Skol, Brahma and Antarctica in Brazil; Aguila and Poker in Colombia; Cristal and Pilsen Callao in Peru; Quilmes in Argentina; Jupiler in Belgium and the Netherlands; Franziskaner in Germany; Carling Black Label, Castle Lager, Castle Lite and Hansa Pilsener in South Africa; Hero and Trophy in Nigeria; Safari and Kilimanjaro in Tanzania; Harbin and Sedrin in China; and Cass in South Korea. Our Beyond Beer Portfolio is growing at an accelerated pace, with brands including: Flying Fish in more than 15 markets (including South Africa); Brutal Fruit in most of our African markets and Brazil; and Cutwater and N&#220;TRL in the United States and Canada. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our dedication to quality goes back to a brewing tradition of more than 600 years with the Den Hoorn brewery in Leuven, Belgium, as well as the pioneering spirit of the Anheuser&#160;&amp; Co. brewery, with origins in St. Louis, U.S.A. since 1852, and the history of the South African Breweries with its origins in Johannesburg since 1895. As of 31&#160;December 2025, we employed approximately 137,000 people based in more than 40 countries worldwide. As a result, we have a global footprint with a balanced exposure to developed and developing markets and production facilities spread across our geographic regions. We report our results under the following five regions: North America, Middle Americas, South America, EMEA and Asia Pacific. We also report the results of Global Export and Holding Companies, which includes our global headquarters and the export businesses, which have not been allocated to the regions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our 2025 volumes (beer and <span style="white-space:nowrap">non-beer)</span> were 561.1&#160;million hectoliters and our revenue amounted to USD&#160;59.3&#160;billion. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Registration and Main Corporate Details </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Anheuser-Busch InBev SA/NV was incorporated on 3&#160;March 2016 for an unlimited duration under the laws of Belgium under the original name Newbelco SA/NV, and is the successor entity to predecessor Anheuser-Busch InBev SA/NV, which was incorporated on 2&#160;August 1977 for an unlimited duration under the laws of Belgium under the original name BEMES. It has the legal form of a public limited liability company (<span style="font-style:italic">naamloze vennootschap/soci&#233;t&#233; anonyme</span>). Its registered office is located at Grand-Place/Grote Markt 1, 1000 Brussels, Belgium, and it is registered with the Register of Legal Entities of Brussels under the number 0417.497.106. Our global headquarters are located at Brouwerijplein 1, 3000 Leuven, Belgium (tel.: +32 16 27 61 11). Our agent in the United States is Anheuser-Busch InBev Services LLC, 250 Park Avenue, 2nd Floor, New York, NY 10177. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a publicly traded company, with our primary listing on Euronext Brussels under the symbol &#8220;ABI.&#8221; We also have secondary listings on the Johannesburg Stock Exchange under the symbol &#8220;ANH&#8221; and the Mexican Stock Exchange under the symbol &#8220;ANB.&#8221; ADSs representing rights to receive our Ordinary Shares are listed and trade on the NYSE under the symbol &#8220;BUD.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">History and Development of the Company </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our dedication to quality goes back to a brewing tradition of more than 600 years and the Den Hoorn brewery in Leuven, Belgium. In 1717, S&#233;bastien Artois, master brewer of Den Hoorn, took over the brewery and renamed it S&#233;bastien Artois. In 1987, the two largest breweries in Belgium merged: Brouwerijen Artois NV, located in Leuven, and Brasserie Piedboeuf SA, founded in 1853 and located in Jupille, resulting in the formation of </p>
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Interbrew S.A. Interbrew operated as a family-owned business until December 2000, the time of its initial public offering on Euronext Brussels. The period since the listing of Interbrew on Euronext Brussels has been marked by increasing geographical diversification. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 2000, we have completed the following major combinations, acquisitions and sales: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2002, Interbrew acquired Beck&#8217;s for 3.5&#160;billion German marks. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2004, Interbrew combined with Ambev, a Brazilian company originally formed by the combination of Brahma and Antarctica in 1999-2000, resulting in the creation of InBev. Ambev is listed on the NYSE and the S&#227;o Paulo Stock Exchange (<span style="font-style:italic">B3 S.A - Brasil, Bolsa e Balc&#227;o</span>). As of 31&#160;December 2025, we had a 61.73% voting and economic interest in Ambev. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2008, InBev combined with Anheuser-Busch Companies by way of an offer for USD 54.8&#160;billion, as a result of which we changed our name to Anheuser-Busch InBev SA/NV. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2013, we announced the completion of our combination with Grupo Modelo in a transaction valued at USD 20.1&#160;billion, following which we owned approximately 95% of Grupo Modelo&#8217;s outstanding shares. We acquired the remaining shares via a mandatory tender offer, which was completed in August 2015. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2013, in another transaction related to the combination with Grupo Modelo, Grupo Modelo completed the sale of its U.S. business to Constellation Brands, Inc. for approximately USD 4.75&#160;billion, in aggregate. The transaction included the sale of Grupo Modelo&#8217;s Piedras Negras brewery, Grupo Modelo&#8217;s 50% stake in Crown Imports LLC and perpetual rights to certain of Grupo Modelo&#8217;s beer brands in the United States. As a consequence, we granted Constellation Brands, Inc. the exclusive and perpetual right to market and sell Corona beer and certain other Grupo Modelo beer brands in the 50 states of the United States, the District of Columbia and Guam. In December 2016, we also completed the sale of our brewery located in Obreg&#243;n, Sonora, M&#233;xico to Constellation Brands, Inc. for a sale price of approximately USD 600&#160;million. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2016, we completed our combination with SAB, valued at a gross purchase consideration of USD 114&#160;billion. In connection with the combination with SAB, we transferred SAB&#8217;s business in Panama to Ambev in exchange for Ambev&#8217;s businesses in Colombia, Peru and Ecuador. We also undertook certain divestitures, with the goal of proactively addressing potential regulatory considerations regarding the combination with SAB. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2018, we combined our Russia and Ukraine businesses with those of Anadolu Efes through the creation of a new company called AB InBev Efes, which was fully consolidated into Anadolu Efes. As a result of the transaction, we did not own a controlling stake in AB InBev Efes, did not consolidate these operations and accounted for our investment in AB InBev Efes under the equity method. On 22&#160;April 2022, we announced our decision to sell our <span style="white-space:nowrap">non-controlling</span> interest in the AB InBev Efes joint venture and that we were in active discussions with Anadolu Efes, the controlling shareholder of AB InBev Efes, to acquire that interest. We derecognized the investment in AB InBev Efes and reported a USD 1,143&#160;million <span style="white-space:nowrap">non-cash</span> impairment charge in exceptional share of results of associates as of 30&#160;June 2022. On 23&#160;October 2024, we announced that we and Anadolu Efes agreed Anadolu Efes would acquire our interest in the Russian business and we would acquire the interest of Anadolu Efes in the Ukraine business. The transaction, including the purchase price and other terms, was subject to required regulatory and governmental approvals which were not obtained. On 30&#160;December 2024, a Russian decree was issued which placed the AB InBev Efes Russian operations under temporary management. There can be no assurances on the status of our investment in AB InBev Efes. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Financial Risks&#8212;Our business, financial performance and results of operations have been, and may continue to be, adversely affected by military conflicts and their related consequences&#8221;. </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2019, we successfully completed the listing of a minority stake of our Asia Pacific subsidiary, Budweiser APAC, on the Hong Kong Stock Exchange for USD 5.75&#160;billion (including the exercise of an over-allotment option). As of 31&#160;December 2025, we control 87.22% of the issued share capital of Budweiser APAC. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In 2020, we completed: </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the sale of our Australia business (Carlton&#160;&amp; United Breweries) to Asahi for AUD 16.0&#160;billion, resulting in net proceeds of USD 10.8&#160;billion. As part of this transaction, we granted Asahi rights to commercialize our portfolio of global and international brands in Australia; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the acquisition of the remaining 68.8% stake in Craft Brew Alliance for net consideration of USD 0.2&#160;billion and obtained 100% control over Craft Brew Alliance; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the issuance of a 49.9% minority stake in our <span style="white-space:nowrap">US-based</span> metal container operations to a&#160;consortium of institutional investors led and/or advised by affiliates of Apollo Global Management, Inc. (collectively &#8220;<span style="font-weight:bold">Apollo</span>&#8221;) for net proceeds of USD 3.0&#160;billion, while retaining operational control of our <span style="white-space:nowrap">US-based</span> metal container operations. On 30&#160;January 2026, we completed the reacquisition of the 49.9% minority stake in our <span style="white-space:nowrap">US-based&#160;metal</span> container plants from Apollo for a price of approximately USD 2.9&#160;billion. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, during 2025 and 2024, we performed a series of other investments and disposals. For further details, see &#8220;Item&#160;5. Operating and Financial Review&#8212;H. Liquidity and Capital Resources&#8212;Investments and Disposals.&#8221; </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_19"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">BUSINESS OVERVIEW </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left"><span style="font-weight:bold">1.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PURPOSE, STRATEGY AND STRENGTHS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Purpose </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">We Dream Big to Create a Future with More Cheers</span>. We are always looking to serve up new ways to meet life&#8217;s moments, move our industry forward and make a meaningful impact in the world. Our purpose drives everything we do, enables us to deliver on our commercial vision and gives us flexibility to innovate and develop solutions that we believe address customer and consumer needs. We are dreaming big to create a future with more cheers by aiming to drive category leadership and growth of our industry, reach more consumers on more occasions with our strong brand portfolio and innovation pipeline, use data and technology to connect with our customers and consumers and make a positive impact in our local communities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To advance the company&#8217;s purpose &#8211; We Dream Big to Create a Future with More Cheers &#8211; we also aim to improve consumption patterns by promoting social norms that produce positive outcomes. By expanding our portfolio of <span style="white-space:nowrap">no-alcohol</span> and lower-alcohol products to give consumers balanced choices, we seek to enable moderation and responsible drinking worldwide. For further information about our purpose of Dreaming Big to Create a Future with More Cheers, see &#8220;&#8212;13. Social and Community Matters&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Strategy </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our strategy is defined by three strategic pillars and focuses on what we believe are our key drivers for growth: the beer category, opportunities beyond beer and new businesses that use our capabilities and ecosystems. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Lead and Grow the Category </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The beer category is big, profitable and growing, and we believe we are well positioned to lead and grow the category due to our advantaged global footprint, industry-leading portfolio of brands and operational capabilities. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to drive growth in the beer category and increase category participation across our markets through the consistent execution of our four category expansion levers: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left">i.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Core superiority</span>:<span style="font-style:italic"> </span>strengthening our core portfolio by elevating our products, positioning, platforms and value proposition;<span style="font-style:italic"> </span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left">ii.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Premiumization</span>:<span style="font-style:italic"> </span>addressing various consumer needs and occasions through an industry-leading portfolio of above core brands; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left">iii.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Balanced choices</span>:<span style="font-style:italic"> </span>innovating to develop the category and expand occasions to meet consumer demand, including low carb, low calories, sugar free, gluten free, organic and <span style="white-space:nowrap">no-alcohol</span> beer products; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left">iv.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Beyond Beer</span>:<span style="font-style:italic"> </span>expanding our portfolio to address evolving consumer tastes with flavored alcohol beverage, hard seltzer and canned cocktail offerings to tap into new consumption occasions. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please see &#8220;&#8212;Strengths&#8212;Strong brand portfolio with global, multi-country and local brands&#8221;, &#8220;Strengths&#8212;Strong consumer insights-driven brand development capabilities, &#8220;&#8212;2. Principal Activities and Products&#8212;Beer&#8221; and &#8220;&#8212;2. Principal Activities and <span style="white-space:nowrap">Products&#8212;Non-Beer&#8221;</span> below for further details regarding category growth in 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Digitize and Monetize our Ecosystem </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to unlock value from our existing assets and expand our addressable market through the digitization and monetization of our ecosystem. We believe our digital transformation is a key competitive advantage of our business as it improves the way we connect with our ecosystem of more than 2&#160;billion consumers and 6&#160;million customers. We aim to enhance the value of our core business through our <span style="white-space:nowrap"><span style="white-space:nowrap">business-to-business</span></span> BEES platform, digital <span style="white-space:nowrap"><span style="white-space:nowrap">direct-to-consumer</span></span> solutions, fintech services and other new business opportunities. Please see &#8220;&#8212;2. Principal Activities and Products&#8212;Digital Transformation&#8221; below for further details regarding our efforts to digitize and monetize our ecosystem in 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Optimize our Business </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our objective to optimize our business and maximize long-term value creation is driven by our focus on three areas: disciplined resource allocation, robust risk management and an efficient capital structure. We aim to allocate resources to drive growth and profitability and continue our deleveraging initiatives to strengthen our balance sheet. We aim to invest in our operations and in the growth of our business while dynamically balancing our leverage, returning cash to shareholders and pursuing selective mergers and acquisitions. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Strengths </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Building on our more than 600 years of heritage, we are committed to building great brands that stand the test of time and to brewing the best beers using the finest ingredients. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 137,000 colleagues based in more than 40 countries worldwide. We believe that the following key strengths will drive long-term value creation for our stakeholders and enable us to deliver on our company purpose: </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Global platform with strong market positions in key markets to grow the category </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a truly global brewer, positioned to serve the evolving needs of consumers worldwide. Our portfolio of well over 400 brands means we have beers for every type of occasion and our iconic brands bring people together across generations and communities. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We hold the number one market share position in over 30 countries globally (according to IWSR data as of January 2026), based on strong brands and the benefits of scale. We believe this enables us to invest significant sales and marketing resources in our brands, achieve attractive sourcing terms, generate cost savings through centralization and operate under a lean cost structure. Our global footprint provides us with a strong platform to grow our global and multi-country brands, while developing local brands tailored to regional tastes and trends. We benefit from a global distribution network which, depending on the location, is either owned by us or is based on strong partnerships with wholesalers and local distributors. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, we were one of the largest consumer products companies worldwide, measured by revenue, and held the number one position in terms of total market share of beer by volume in the world. We hold the number one position in terms of total market share of beer by volume in the United States, Mexico and Brazil, three of the top five largest beer profit pools in the world. We estimate that we hold the number one position by volume in the premium and super premium beer category, in China, the world&#8217;s largest beer market by volume. All beer profit pools and segments above are based on data published by Bernstein Research. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Geographic diversification </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our geographically diversified platform balances the growth opportunities of developing markets with the stability and strength of developed markets. With significant operations in both the Southern and Northern Hemispheres, we benefit from a natural hedge against local or regional market, economic and seasonal volatility. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Developed markets represented approximately 35% of our 2025 revenue and developing markets represented 65% of our 2025 revenue. Our developing markets include Argentina, Bolivia, Botswana, Brazil, Chile, China, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, India, Mexico, Mozambique, Nigeria, Panama, Paraguay, Peru, South Africa, Tanzania, Uganda, Uruguay, Vietnam and Zambia. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Strong brand portfolio with global, multi-country and local brands </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our strong brand portfolio addresses a broad range of demand for different types of beer, comprising three categories: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Global brands</span>: Capitalizing on common values and experiences which appeal to consumers across borders, our four global brands, Budweiser, Corona, Stella Artois and Michelob ULTRA, have recognition and appeal worldwide in a significant number of markets globally; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Multi-country brands</span>: Building from a strong consumer base in their home markets, our multi-country brands, Beck&#8217;s, Hoegaarden, Leffe, Modelo, and Flying Fish, bring international flavor to selected markets, connecting with consumers across continents; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Local brands</span>: Offering locally popular tastes, local brands such as Aguila, Brahma, Bud Light, Cass, Cristal, Harbin, Poker, Skol and Victoria connect particularly well with consumers in their home markets. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With well over 400 brands, of which 20 had an estimated turnover of over USD 1&#160;billion in 2025, we believe our portfolio is the strongest in the industry. In 2025, eight of our brands &#8211; Budweiser, Brahma, Bud Light, Corona, Michelob ULTRA, Modelo, Skol, Stella Artois &#8211; were ranked among the Global top ten most valuable beer brands by Kantar BrandZ<sup style="font-size:75%; vertical-align:top">&#8482;</sup>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to lead and grow the beer category with an emphasis on our portfolio of megabrands. Our megabrands are the top brands in each market that make up the majority of our volume today and are expected to drive the majority of our growth going forward. We are allocating increased sales and marketing investments behind these brands to accelerate brand power, build deep consumer connections and drive profitable growth. We leverage the scale of our global footprint to connect with consumers through our global megaplatforms by replicating successful brand initiatives, market programs and best practices across multiple geographic markets. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Strong consumer insights-driven brand development capabilities </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a consumer-focused, insights-driven company, we continuously strive to understand the values, lifestyles and preferences of today&#8217;s consumers. Furthermore, we want to provide superior products to our consumers across key categories. We expect that this will allow us to remain relevant, as well as build fresh appeal and competitive advantage through innovative products and services tailored to meet evolving consumer needs. We believe that consumer demand can be best anticipated by a close relationship between our innovation and insight teams in which current and expected market trends trigger and drive research processes. To better address changing consumer behaviors, it is also critical that we have a diverse portfolio of products that target a variety of consumer needs and occasions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Innovation continued to support execution of our category expansion levers, contributing approximately 11% to our total revenues in 2025. Highlights of these innovations included global expansion of Corona Cero from 19 to over 70 countries, launching and expanding Michelob ULTRA Zero in the United States, launching Cass All Zero in South Korea, and scaling up Stella Pure Gold in South America. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe that our internal excellence programs are a major competitive advantage. Our Creative X Marketing Program is aimed to help us systematize creativity across our business, and our Marketing Academy enables us to enhance the skills of our entire marketing team, equipping us with the capabilities to lead and grow our category. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Strict financial discipline </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">World-class efficiency has been, and will remain, a long-term focus across all markets, all lines of business and under all economic circumstances. Avoiding unnecessary costs is a core competency within our culture. We aim to be efficient with our overhead expenses in order to spend more effectively to grow our company. As a result, we have implemented, and will continue to develop, programs and initiatives aimed at reducing <span style="white-space:nowrap">non-commercial</span> expenses. This strict financial discipline has allowed us to develop a &#8220;Cost&#8212;Connect&#8212;Win&#8221; model in which overhead expenses are minimized in order to maximize our sales and marketing investments designed to connect with our consumers, win market share and achieve long-term, profitable growth. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to a culture of everyday efficiency, we have a number of group-wide cost efficiency programs in place, including: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Voyager Plant Optimization or VPO</span>: Voyager Plant Optimization (&#8220;<span style="font-weight:bold">VPO</span>&#8221;) aims to bring greater efficiency and standardization to our brewing operations and to generate cost savings, while at the same time improving quality, safety and the environment. VPO also entails assessment of our procurement processes to maximize purchasing power and to help us achieve the best results when purchasing a range of goods and services. Behavioral change towards greater efficiencies is at the core of this program, and comprehensive training modules have been established to assist our employees with the implementation of VPO in their daily routines. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Business Shared Services Centers</span>: We have established a number of business shared services centers across our business segments which focus on transactional and support activities within our group. These centers help to standardize working practices and identify and disseminate best practices. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Experienced management team with a strong track record of delivering synergies through business combinations </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the last two decades, our management, including the management of our predecessor companies, has executed a number of merger and acquisition transactions of varying sizes, with acquired businesses being successfully and smoothly integrated into our operations, realizing significant synergies. Notable historical examples include the creation of Ambev in 2000 through the combination of Brahma and Antarctica, the acquisition of Beck&#8217;s by Interbrew in 2002, the combination of Ambev and Quilmes in 2003, Ambev gaining control of Labatt in 2004 and the creation of InBev in 2004 from the combination of Interbrew and Ambev. More recent examples include the combination with Anheuser-Busch Companies in 2008, the combination with Grupo Modelo in 2013 and the combination with SAB in 2016. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our strong track record also extends to successfully integrating brands such as Budweiser, Corona, Stella Artois and Michelob ULTRA into our global brand portfolio and distribution network, including leveraging Ambev&#8217;s distribution channels in Latin America and Canada. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">2.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PRINCIPAL ACTIVITIES AND PRODUCTS </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We produce, market, distribute and sell a portfolio of well over 400 beer and malt beverage brands. We have a global footprint with a balanced exposure to developed and developing markets and production facilities spread across our regions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our production and distribution facilities and other assets are predominantly located in the same geographical areas as our consumers. We set up local production when we believe that there is substantial potential for local sales that cannot be addressed in a cost-efficient manner through exports or third-party distribution into the relevant country. Local production also helps us to reduce, although it does not eliminate, our exposure to currency movements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are developing our business through a strong portfolio strategy focused on category expansion and premiumization. Our diverse geographic footprint spans over 40 countries worldwide. The table below sets out the main brands we sell in the markets listed below as of 31&#160;December 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top"><span style="font-weight:bold">North America</span></td>
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<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>:<span style="font-weight:bold"> </span>Alexander Keith&#8217;s, Archibald, American Vintage, Banded Peak, Beck&#8217;s, Brava, Bud Light, Budweiser, Busch, Corona, Flying Fish, Goose Island, Hoegaarden, Kokanee, Labatt 50, Labatt Blue, Lakeport, Leffe, L&#246;wenbr&#228;u, Lucky, Michelob ULTRA, Mill Street, Modelo, Pacifico, Palm Bay, Rolling Rock, Stanley Park, Stella Artois, Wildcat</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span> </span>Brickworks, Cutwater, Mike&#8217;s, N&#220;TRL, Okanagan, Rockstar, SVNS Hard <span style="white-space:nowrap">7-UP,</span> Tempo</p></td></tr>
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<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: BEATS Senses, Beck&#8217;s, Boddington&#8217;s, Bud Ice, Bud Light, Bud Light Chelada, Bud Light Lime, Bud Light Next, Bud Light Orange, Bud Light Platinum, Bud Light Platinum Seltzer, Bud Light Seltzer, Budweiser, Budweiser Chelada, Budweiser Select, Budweiser Select&#160;55, Budweiser Zero, Busch, Busch NA, Busch Light, Busch Light Lime, Busch Light Apple, Busch Ice, Cantaritos, Cisco, Devil&#8217;s Backbone, Elysian, Estrella Jalisco, Four Peaks, Franziskaner, Golden Road, Goose Island, Hoegaarden, Hoop Tea, Hurricane High Gravity, Karbach, King Cobra, Kokanee, Kona Big Wave, Kona, Landshark, Leffe Blonde, MD 2020, Michelob Golden Light, Michelob Light, Michelob AmberBock, Michelob ULTRA, Michelob ULTRA Lime Cactus, Michelob ULTRA Pure Gold, Michelob ULTRA Seltzer, Michelob ULTRA Zero, Natural Light, Natural Ice, Natty Daddy, O&#8217;&#160;Douls, Presidente, <span style="white-space:nowrap"><span style="white-space:nowrap">Lime-A-Rita,</span></span> <span style="white-space:nowrap"><span style="white-space:nowrap">Straw-ber-Rita,</span></span> <span style="white-space:nowrap"><span style="white-space:nowrap">Mango-O-Rita,</span></span> Water-Melon-Rita, Rolling Rock, Spaten, Stella Artois, Stella Artois 0.0, Wicked Weed, Wynwood</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span></span> Cutwater, N&#220;TRL, Devil&#8217;s Backbone Smash, Phorm Energy, Skimmers</p></td></tr></table>
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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Brands</p></td></tr>


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<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Middle Americas</p></td>
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<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Aguila, Aguila 0.0, Aguila Light, Austen, Azteca, Bahia, Bahia Lager, Bah&#237;a Light, Beck&#8217;s, Bogota Beer Company (Bacat&#225;, Cajic&#225;, Cerro de Guadalupe, Chapinero, Ch&#237;a, Don Rufino Camu Camu, Lager, Macondo, Mixiripa, Monserrate, Oktobeer, Palenquera, Policarpa, Rose, Salitre, San Patricio, Septimazo, Siete de agosto, Trapiche, Triqui Triqui, Tutaina, Usaquen, Zipaquir&#225;), Budweiser, Busch Light, Club Colombia Doble Malta, Club Colombia Dorada, Club Colombia Esmeralda, Club Colombia Roja, Club Colombia Trigo, Cola y Pola, Corona, Coronita, Corona Extra, Corona Zero, Corona Tropical, Coste&#241;a Coste&#241;a Bacana, Coste&#241;ita, Cusque&#241;a Dorada, Cusque&#241;a Negra, Cusque&#241;a Trigo, Kauffman, Michelob ULTRA, Modelo Especial, Nativa (local crop), Negra Modelo, Pilsen, Poker Clasica, Poker Pura Malta, Poker Roja, Redd&#8217;s Citrus, Redd&#8217;s Rose, Stella Artois</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Malta Leona, Mike&#8217;s, Pony Malta, Zalva</p></td></tr>
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<td style="vertical-align:top">Dominican Republic</td>
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<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Bohemia, Brahma, Budweiser, Corona Cero, Corona Extra, Hoegaarden, Leffe, Michelob ULTRA, Modelo Especial, Negra Modelo, Presidente Golden Light, Presidente Light, Presidente Regular, Stella Artois, The One</td></tr>
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<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>:<span style="font-weight:bold"> </span>7UP, 911, Enriquillo, Malta Morena, MontPellier, Pepsi, Red Bull, Red Rock, Vital 911</td></tr>
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<td style="vertical-align:top">Ecuador</td>
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<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Budweiser, Club Premium Cl&#225;sica, Club Premium Platino, Corona, Corona Cero, Modelo Especial, Nuestra Siembra, Nuestra Siembra Inti, Pilsener, Pilsener Light, Stella Artois</td></tr>
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<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Nutrimalta, Pony Malta, Mike&#8217;s Hard Lemonade</td></tr>
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<td style="vertical-align:top">El Salvador</td>
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<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Corona Cero, Corona Extra, Coronita Extra, Golden, Golden Extra, Imperial, Michelob ULTRA, Modelo Especial, Pilsener, Pilsener Oktoberfest, Stella Artois</td></tr>
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<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>:<span style="font-weight:bold"> </span>Coca-Cola, Coca-Cola zero az&#250;car, Cristal Sparkling, Cristal (Water), Del Valle, Fanta, Fresca, Fury, Fuze Tea, Kinley, Monster, Oasis, Powerade, Sprite, Tropical, Mike&#8217;s Hard Lemonade</td></tr>
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<td style="vertical-align:top">Guatemala<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brahva, Budweiser, Busch Light, Corona Cero, Corona Extra, Hoegaarden, Leffe, Michelob ULTRA, Modelo Especial, Negra Modelo, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Honduras</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Barena, Bud Light, Corona Cero, Corona Extra, Coronita Extra, Imperial, Michelob ULTRA, Modelo Especial, Salva Vida</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Canada Dry, Canada Dry Ginger Ale, Coca-Cola, Coca-Cola Zero, Dasani (Water), Del Valle, Fresca, Fury, Fuze Tea, Mike&#8217;s Hard Lemonade, Monster, Powerade, Sprite, Tropical</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Mexico<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Barrilito, Bud Light, Budweiser, Carta Clara, Corona Cero, Corona Extra, Corona Golden Light, Corona Light, Cucap&#225;, Estrella, Flying Fish, Leon, Michelob ULTRA, Modelo 0% Dorada, Modelo 0% Negra, Modelo Ambar, Modelo Especial, Modelo Trigo, Modelo Tur&#237;n, Montejo, Negra</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Modelo, Pacifico Clara, Pacifico Light, Pacifico Suave, Stella Artois, Vicky Chamoy, Vicky Chelada, Vicky Mango, Vicky Pi&#241;a, Vicky Taj&#237;n, Victoria</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Acqua Panna, Garci Crespo, Nestl&#233; Pureza Vital, Perrier, Sn. Pellegrino, Sta. Mar&#237;a</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-37- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:22%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:77%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Country by Region</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Brands</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Panama<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Atlas, Atlas Golden, Balboa, Balboa Ice, Beck&#8217;s, Budweiser, Corona, Corona Cero, Hoegaarden, Leffe, Michelob ULTRA, Modelo Especial, Modelo Negra, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: 7UP, Canada Dry, Malta Vigor, Mirinda, Orange Crush, Pepsi, Pepsi Black, Red Bull, Squirt</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Peru</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Arequipe&#241;a, Barbarian, Budweiser, Corona, Corona Cero, Corona Extra, Coronita, Cristal, Cusque&#241;a Dorada, Cusque&#241;a Negra, Cusque&#241;a Quinua, Cusque&#241;a Roja, Cusque&#241;a Trigo,<span style="font-style:italic"> </span>Cusque&#241;a Cero, Flying Fish, Franziskaner, Golden, Hoegaarden, Kauffman, Leffe, Modelo Especial, Pilsen Callao, Pilsen Fresh, Pilsen Trujillo, San Juan, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Agua T&#243;nica, Cristalina, Guaran&#225; Backus, Guaran&#225; y Guaranita Zero, Guaranita, Maltin Power, Mike&#8217;s Hard, Viva Backus</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"><span style="font-weight:bold">South America</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Argentina<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Andes, Andes Origen, Brahma, Budweiser, Corona, Goose Island, Isidra, Michelob ULTRA, Patagonia, Quilmes family, Stella Artois, Temple</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: 7UP, Awafrut, Capriccio, Dante Robino Reserva, Dante Robino Varietales, Gatorade, H2OH!, Ortinal Mirinda, Novecento, Novecento Raices, Paso de Los Toros, Pepsi, Red Bull, Rockstar</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Bolivia</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Baltica, Boco, Budweiser, Chicha Taqui&#241;a, Corona, Ducal, Golden by Skol, Huari, Pace&#241;a, Quilmes, Stella Artois, Taqui&#241;a</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: 7UP, Guaran&#225; Ant&#225;rctica, Gatorade, H20H!, Maltin, Mirinda, Pepsi, Pepsi Black, Rockstar, Somos (water)</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Brazil<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Adri&#225;tica, Antarctica, Antarctica SubZero, Beck&#8217;s, Bohemia, Bohemia Puro Malte, Brahma, Brahma 0,0%,<span style="font-style:italic"> </span>Brahma Chopp, Brahma Duplo Malte, Brahma Malzbier, Brutal Fruit, Budweiser, Budweiser Zero, Caracu, Chopp Brahma, Colorado, Corona, Corona Cero, Coronita Extra, Flying Fish, Goose Island, Hoegaarden, Leffe, Magn&#237;fica, Michelob ULTRA, Original, Patagonia, Polar, Quilmes, Serramalte, Skol, Skol Puro Malte, Spaten, Stella Artois, Stella Artois Pure Gold, Vinho do Z&#233;, W&#228;ls.</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: AMA, Antarctica Soda Limonada, Antarctica Soda Limonada Zero, Bar&#233;, Beats Caipi, Beats Green Mix, Beats Ginger, Beats GT, Beats Mint, Beats Red Mix, Beats Senses, Beats Tropical, Fusion, Gatorade, Gatorade Zero, Guaran&#225; Ant&#225;rctica, Guaran&#225; Antarctica Zero, Guaran&#225; Ant&#225;rctica Zero com Fibras, H2OH!, Lipton, Mike&#8217;s Hard Lemonade, Pepsi, Pepsi Black, Pepsi Twist, Red Bull, Sukita, Sukita Zero, T&#244;nica Ant&#225;rctica, T&#244;nica Antarctica Zero and T&#244;nica Antarctica Intense</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-38- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:22%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:77%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Country by Region</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Brands</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Chile</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Baltica, Beck&#8217;s, Becker, Budweiser, Budweiser Zero, Corona, Corona Cero, Corona Tropical, Coronita, Cusque&#241;a, Goose Island, Hoegaarden, Kilometro 24.7, Leffe, Michelob ULTRA, Modelo Especial, Negra Modelo, Pilsen Del Sur, Quilmes, Stella Artois, Stella Artois 0.0</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Paraguay</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Antarctica, Baviera, Brahma, Brahma Subzero, Brahma Pomelo, Brahma Frutos Rojos, Bud66, Budweiser, Colorado, Corona, Michelob ULTRA, Norte, Ouro Fino, Patagonia, Pilsen, Pilsen Extra, Skol, Stella Artois, Stella Artois 0.0</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Cald&#233;n, Mike&#8217;s, Novecento</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Uruguay</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Andes, Beck&#8217;s, Brahma, Budweiser, Corona, Franziskaner, Goose Island, Hoegaarden, Leffe, L&#246;wenbr&#228;u, Michelob ULTRA, Negra Modelo, Norte&#241;a, Oce&#225;nica, Patagonia, Patricia, Pilsen, Quilmes, Skol, Stella Artois, Stella Artois 0.0, Zillertal</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: 7UP, Dante Robino, Gatorade, Guaran&#225; Ant&#225;rctica, H2OH!, Mirinda, Novecento, Paso de los Toros, Pepsi, Rockstar, Teem</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"><span style="font-weight:bold">EMEA</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Belgium</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Atlas, Bass, <span style="white-space:nowrap">Belle-Vue,</span> Corona Cero, Corona Extra, DeuS, Ginette, Goose Island, Hoegaarden, Hoegaarden 0.0%, Hoegaarden Ros&#233;e, Jupiler, Jupiler 0.0%, Jupiler Blue, Kwak, Leffe, Leffe 0.0%, Piedboeuf Extra Pils, Scotch CTS, Stella Artois, Stella Artois 0.0, Tripel Karmeliet, Victoria</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span></span> Ezy Energy Drink</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">France</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Atlas, Beck&#8217;s, Bud, Bud Zero, Corona Cero, Corona Extra, Corona Sunset, Flying Fish, Ginette, Goose Island, Hoegaarden, Hoegaarden 0.0%, Jupiler, Jupiler 0.0%, Kwak, Leffe, Leffe 0.0%, Stella Artois, Stella Artois 0.0, Tripel Karmeliet, Vega, Victoria</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Germany</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, Beck&#8217;s Blue Alkoholfrei, Beck&#8217;s Unfiltered, Blue Lemon 0.0, Beck&#8217;s Gold, Anheuser-Busch Bud, Corona Cero, Corona Extra, Diebels, Franziskaner, Franziskaner Alkoholfrei, Haake-Beck, Hasser&#246;der, Leffe, L&#246;wenbr&#228;u, L&#246;wenbr&#228;u NA, San Miguel, Spaten, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Italy</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Bass, Beck&#8217;s, Beck&#8217;s Blue, Birra del Borgo, Bud, Corona Cero, Corona Extra, Franziskaner, Goose Island, Hasser&#246;der, Hoegaarden, Kwak, Leffe, L&#246;wenbr&#228;u, Spaten, San Miguel, Stella Artois, Tennent&#8217;s Super</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Luxembourg</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, <span style="white-space:nowrap">Belle-Vue,</span> Bud, Corona Cero, Corona Extra, DeuS, Diekirch, Diekirch 0.0, Franziskaner, Franziskaner Alkoholfrei, Goose Island, Hoegaarden, Hoegaarden 0.0%, Jupiler, Jupiler 0.0%, Kwak, Leffe, Leffe 0.0%, L&#246;wenbr&#228;u, Mousel, Stella Artois, Stella Artois 0.0, Tripel Karmeliet, Victoria</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Netherlands</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, <span style="white-space:nowrap">Belle-Vue,</span> Bud, Corona Cero, Corona Extra, DeuS, Dommelsch, Franziskaner, Franziskaner Alkoholfrei, Goose Island, Hertog Jan, Hertog&#160;Jan&#160;0.0%, Hoegaarden, Hoegaarden 0.0%, Jupiler, Jupiler 0.0%, Kwak, Leffe, Leffe 0.0%, Stella Artois, Tripel Karmeliet</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-39- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:22%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:77%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Country by Region</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Brands</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Spain</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, Budweiser, Corona Cerveza, Corona 0.0, Dorada, Dorada 0.0, Franziskaner, Hoegaarden, Leffe, Modelo, Pacifico, L&#246;wenbr&#228;u, Spaten, Stella Artois, Tropical, Tropical 0.0</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span></span> Kopparberg Cidre, Red Bull</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">United Kingdom</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Bass, Beck&#8217;s, Beck&#8217;s Blue, Boddingtons, Bud Light, Budweiser, Budweiser Zero, Camden, Corona Cero, Corona Extra, Franziskaner, Gold Label, Goose Island, Hoegaarden, Leffe, Leffe 0.0%, L&#246;wenbr&#228;u, Mahou, Modelo Especial, Pacifico, San Miguel, Spaten, Stella Artois, Stella Artois Unfiltered, Stella Artois 0.0, Tennent&#8217;s Super, Tripel Karmeliet</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-beer:</span></span> Brutal Fruit, Kopparberg Cidre</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Ireland</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, Beck&#8217;s Blue, Bud Light, Budweiser, Budweiser Zero, Camden, Corona Cero, Corona Extra, Corona Ligera, Franziskaner, Hoegaarden, Leffe, Modelo Especial, Spaten, Stella Artois, Stella Artois 0.0</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Botswana<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Budweiser, Carling Black Label, Castle Double Malt, Castle Lite, Chibuku, Corona, Flying Fish, St. Louis, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span></span> Redd&#8217;s</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Eswatini<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Carling Black Label, Castle Double Malt, Castle Lager, Castle Lite, Castle Milk Stout, Corona, Flying Fish, Hansa Pilsener, Lion Lager, Redd&#8217;s, Sibebe, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span> </span>Black Crown</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Ghana<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Budweiser, Corona, Club Premium Lager, Club Shandy, Eagle Lager, Eagle Extra Stout, Stella Artois, Castle Lite</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Beta Malt</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Lesotho<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Carling Black Label, Castle Double Malt, Castle Lager, Castle Lite, Castle Milk Stout, Corona, Flying Fish, Hansa Pilsener, Maluti Premium Lager, Redd&#8217;s, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Mozambique<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: 2M, Brutal Fruit, Budweiser, Castle Lite, Corona, Flying Fish, Impala family, Laurentina family, Manica, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span> </span>Black Crown</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Namibia<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Carling Black Label, Castle Lager, Castle Lite, Corona, Eagle Lager, Flying Fish, Lion, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Nigeria<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Budweiser, Castle Lite, Eagle Lager, Eagle Stout, Flying Fish, Hero, Trophy, Trophy Stout, Budweiser Royale</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Beta Malt, Grand Malt, Red Bull</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">South Africa<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer:</span> Brutal Fruit, Carling Black Label, Castle Double Malt, Castle Free, Castle Lager, Castle Lite, Castle Milk Stout, Corona, the Flying Fish family, Guinness, Hansa Pilsener, Hoegaarden, Leffe, Lion Lager, Newlands Spring, Redd&#8217;s family, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Black Crown, Red Bull, Redd&#8217;s MXD</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-40- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:22%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:77%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Country by Region</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Brands</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Tanzania<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Balimi, Balimi Extra, Bingwa, Brutal Fruit, Budweiser, Castle Lager, Castle Lite, Castle Milk Stout, Corona, Eagle Lager, Flying Fish, Kilimanjaro, Kilimanjaro Light, Redd&#8217;s, Safari, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span>: Dodoma, Grand Malt, Imagi, Konyagi, Valeur, Zanzi Cream</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Uganda<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Beer</span>: Budweiser, Castle Lite, Chairmans ESB, Club Pilsener, Eagle family, Nile family, Stella Artois</p> <p style="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer:</span></span> Red Bull</p></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Zambia<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Brutal Fruit, Budweiser, Carling Black Label, Castle Lager, Castle Lite, Corona, Eagle family, Flying Fish, Mosi, Mosi Light, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"><span style="font-weight:bold">Asia Pacific</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">China</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Beck&#8217;s, Blue Girl, Boxing Cat, Bud Light, Budweiser, Budweiser Zero,&#160;Budweiser Magnum, Budweiser Supreme, Busch, Corona, Corona Cero, Franziskaner, Goose Island, Double Deer, Guinness, Harbin 1900 Treasury, Harbin Full Malt, Harbin Ice, Harbin Icy GD (Zero Sugar), Harbin KOW, Harbin Tezhichaogan, Harbin Wheat, Hoegaarden, Leffe, L&#246;wenbr&#228;u, Michelob ULTRA, Sapporo, Sedrin, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">India<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Budweiser, Budweiser 0.0, Budweiser Magnum, Corona, Corona Cero, Haywards, Hoegaarden, Knockout, Royal Challenge</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">South Korea<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Budweiser, Budweiser Zero, Cafri, Cass, Cass Zero, Cass All Zero, Cass Lemon Squeeze, Cass Lemon Squeeze 0.0, Cass Light, Corona, FilGood, Goose Island, HANMAC, Hand Malt, Harbin, Hoegaarden, Leffe, Michelob ULTRA, OB, Red Rock, Stella Artois</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Vietnam<span style="font-style:italic"> </span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="font-weight:bold">Beer</span>: Budweiser, Budweiser 0.0, Corona, Hoegaarden</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets out our sales broken down by business segment for the periods shown: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:58%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
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<td style="vertical-align:bottom;width:2%"/>
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<td style="vertical-align:bottom;width:2%"/>
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<td style="vertical-align:bottom;width:2%"/>
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<td style="vertical-align:bottom;width:2%"/>
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<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2023</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue(<sup style="font-size:75%; vertical-align:top">1</sup>)</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(USD<br/>million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(% of<br/>total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue(<sup style="font-size:75%; vertical-align:top">1</sup>)</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(USD<br/>million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(% of<br/>total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue(<sup style="font-size:75%; vertical-align:top">1</sup>)</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(USD<br/>million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Revenue</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(% of<br/>total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,207</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,655</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,072</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,376</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">29.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,072</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28.6</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,348</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,954</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20.2</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,423</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20.8</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,040</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,502</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,003</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,589</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,693</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9.6</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,196</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,824</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export&#160;&amp; Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">588</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">418</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">508</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.9</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,320</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,768</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,380</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Revenue is turnover less excise taxes and discounts. In many jurisdictions, excise taxes make up a large proportion of the cost of beer charged to our customers (see &#8220;Item 5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Excise Taxes&#8221;). </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-41- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a discussion of changes in revenue, see &#8220;Item&#160;5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024&#8212;Revenue&#8221; of this Form <span style="white-space:nowrap">20-F</span> and &#8220;Item&#160;5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2024 Compared to the Year Ended 31&#160;December 2023&#8212;Revenue&#8221; of our Annual Report on Form <span style="white-space:nowrap">20-F</span> for the fiscal year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets out the breakdown between our beer and <span style="white-space:nowrap">non-beer</span> volumes and revenues. Based on our actual historical financial information for these periods, our <span style="white-space:nowrap">non-beer</span> activities accounted for 14% of consolidated volumes in 2025, 14% of consolidated volumes in 2024 and 13% of consolidated volumes in 2023. In terms of revenue, our <span style="white-space:nowrap">non-beer</span> activities generated 11% of consolidated revenue in 2025 compared to 10% in 2024 and 9% in 2023, based on our actual historical financial information for these periods. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:49%"/>

<td style="vertical-align:bottom;width:1%"/>
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<td style="vertical-align:bottom;width:1%"/>
<td/>
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<td style="vertical-align:bottom;width:1%"/>
<td/>
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<td style="vertical-align:bottom;width:1%"/>
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<td style="vertical-align:bottom;width:1%"/>
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<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Beer<sup style="font-size:75%; vertical-align:top">(1)(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span><sup style="font-size:75%; vertical-align:top">(1)(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Consolidated</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2025</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2024</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2023</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2025</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2024</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2023</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2025</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2024</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center">2023</td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Volume (million hectoliters)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">496</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">506</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">77</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">79</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">561</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">576</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">585</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Revenue<sup style="font-size:75%; vertical-align:top">(3)</sup> (USD million)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">53,050</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">53,655</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">53,865</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,269</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,114</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,515</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,320</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,768</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,380</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Beer volumes and revenue include beer, <span style="white-space:nowrap">no-alcohol</span> beer, and other malt-based alcohol beverages. <span style="white-space:nowrap">Non-beer</span> volumes and revenue include primarily carbonated<span style="font-style:italic"> </span>soft drinks, spirits-based beverages and energy drinks. In addition, beer and <span style="white-space:nowrap">non-beer</span> categories include not only brands that we own or license, but also third-party brands that we brew and sell, and third-party products that we sell through our distribution network. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The numbers for 2023 and 2024 have been amended to conform to the basis of classification of beer and <span style="white-space:nowrap">non-beer</span> categories for 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Revenue is turnover less excise taxes and discounts. In many jurisdictions, excise taxes make up a large proportion of the cost of beer charged to our customers (see &#8220;Item 5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Excise Taxes&#8221;). </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Beer </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our brands are the foundation and the cornerstone of our relationships with consumers. We invest in our brands to create long-term and sustainable competitive advantages by meeting the various needs and expectations of consumers and by developing leading brand positions around the globe. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On the basis of quality and price, beer can be differentiated into the following categories: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Above core brands (core plus, premium and super premium); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Core brands; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Value, discount or <span style="white-space:nowrap">sub-premium</span> brands. </p></td></tr></table>
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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our brands are positioned across all of these categories. For example, a brand like Stella Artois generally targets the above core category across the globe, while a brand like Skol targets the core segment in Brazil and Busch Light targets the below core category in the United States. We have a particular focus on <span style="white-space:nowrap"><span style="white-space:nowrap">core-to-above-core</span></span> categories but are also present in the value category where the market structure in a particular country necessitates its presence. Our portfolio encompasses a range of pack and price combinations, making our products accessible for various occasions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our portfolio includes: </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">International Distribution </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Beck&#8217;s is renowned for uncompromising quality. It is brewed today, just as it was in 1873, with a rigorous brewing process and a recipe using only four natural ingredients. Beck&#8217;s adheres to the strictest quality standards of the German Reinheitsgebot (Purity Law). </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Budweiser is one of the <span style="white-space:nowrap">top-selling</span> beers globally. Sales outside the United States represented over 80% of global Budweiser volume in 2025. Budweiser was ranked as the second most valuable beer brand worldwide, according to the Kantar BrandZ<sup style="font-size:75%; vertical-align:top">&#8482;</sup> 2025 report, and furthered its legacy and connection with music culture, sponsoring the Freedom Stage at Tomorrowland Belgium and the Maroon 5 tour in Brazil. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Corona is the best-selling Mexican beer in the world and the leading beer brand in Mexico. Corona is available in almost 130 countries and was ranked as the most valuable brand in the Brand Finance Alcoholic Drinks 2025 report and also the most valuable beer brand worldwide according to Kantar BrandZ<sup style="font-size:75%; vertical-align:top">&#8482;</sup>.<span style="font-style:italic"> </span>We have granted Constellation Brands, Inc. the exclusive license for Corona beer, Modelo Especial, and certain other Grupo Modelo beer brands, including Pacifico, Negra Modelo and Victoria, in the 50 states of the United States, the District of Columbia and Guam. In 2024, AB InBev became a Worldwide Olympic Partner, with Corona Cero as the first-ever global beer sponsor of the Olympic and Paralympic Games. In 2025, it was announced that this Worldwide Olympic partnership will continue through to 2032. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Hoegaarden is one of the world&#8217;s best-selling wheat beers.<span style="font-style:italic"> </span>Based on its brewing tradition dating back to 1445 in Belgium, Hoegaarden is top fermented and then refermented in the bottle or keg, leading to its distinctive cloudy white appearance. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Leffe is one of the most famous abbey beers in the world. A rich, full-bodied beer with a distinctive flavor that hails from Belgium, Leffe has the longest heritage in our beer portfolio and is available in over 65 countries worldwide. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Michelob ULTRA was rolled out nationally in the United States in 2002 and has grown to become the leading brand by volume in the U.S. beer industry, according to Circana 2025. Michelob ULTRA has just 95 calories and 2.5 carbs. It was the number one volume share gaining brand in the U.S. in 2025, according to Circana. This history of success has been replicated in multiple international markets, including Canada, Mexico, Honduras, El Salvador, Chile, Brazil, Colombia, Argentina, Puerto Rico, China, South Korea, Paraguay, Panama and Guatemala. In 2025, Michelob ULTRA was the official beer sponsor of FIFA Club World Cup and expanded its years-long NBA partnership globally.<span style="font-style:italic"> </span> </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Stella Artois is the world&#8217;s ninth most valuable beer brand according to the Kantar BrandZ<sup style="font-size:75%; vertical-align:top">&#8482;</sup> list of most valuable beer brands worldwide and it is distributed in over 100 countries worldwide. As a premium lager with roots tracing back to 1366 in the town of Leuven, Belgium, its legacy of quality and elegance is reflected in its iconic chalice and nine-step pouring ritual. The top three markets in terms of revenue for Stella Artois as of 2025 are the United Kingdom, Brazil, and the United States with expansion plans well under way in several new growth markets, including South Africa and Colombia. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-43- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">North America </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Bud Light is a premium American light lager. Bud Light has been the Official Beer Sponsor of the NFL (National Football League) since 2011 and has a multiyear marketing partnership as the Official Beer Partner of UFC. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Busch Light is a light lager with a crisp, refreshing taste that was first introduced in 1989 that is now the second fastest growing beer brand in the country according to Circana 2025 data. Other Busch family brands include Busch Beer, Busch Light Apple, Busch Light Lime, Busch Ice and Busch NA. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Middle Americas </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Modelo Especial is a full-flavored pilsner beer brewed with premium <span style="white-space:nowrap">two-row</span> barley malt for a slightly sweet, well-balanced taste with a light hop character and crisp finish. Brewed since 1925, it was created to stand for pride and authenticity. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Victoria is a Vienna-style lager and one of Mexico&#8217;s most popular beers. Victoria was produced for the first time in 1865, making Victoria Grupo Modelo&#8217;s oldest beer brand. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Aguila is a classic Colombian lager beer with a balanced and refreshing flavor that was first brewed in 1913. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Cerveza Cristal, brewed since 1922 with a crisp taste and dedication to quality, is a favorite among Peruvians. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Poker is a Pilsner lager that has been enjoyed by Colombians for its traditional, bittersweet taste since 1929. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">South America </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Brahma family brands, together, are the most consumed beer brand in Brazil. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Skol is the largest beer brand in the Brazilian market. Skol has been a pioneer and innovator in the beer category, engaging with consumers and creating new market trends. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">EMEA </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Jupiler is Belgium&#8217;s leading beer brand by market share, according to Nielsen. Jupiler 0.0% was celebrated as the best 0.0% beer in the world by the &#8220;World Beer Awards 2024&#8221;, and best 0.0% beer in Belgium by the &#8220;World Beer Awards 2025&#8221;. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Carling Black Label is Africa&#8217;s most awarded beer as well as South Africa&#8217;s biggest brand by volume and brand power. It is brewed to deliver a distinctly aromatic and full-flavored refreshment. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Castle Lager is popularly described as South Africa&#8217;s national beer, first brewed in Johannesburg in 1895 using homegrown ingredients, giving it the iconic &#8220;somewhat dry, somewhat bitter, never sweet&#8221; taste. </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Castle Lite was first brewed in South Africa in 1994 with a mission to provide the coldest and most refreshing lite beer on the South African market. Today, it is an Africa-wide premium brand enjoyed in 10 countries and continues to innovate to offer consumers &#8220;extra cold&#8221; refreshment. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Flying Fish, one of the fastest growing flavored beers in the world, combines the pure refreshment of beer with delicious, fresh pressed lemon flavor. With an easy drinking taste, Flying Fish offers something different for consumers looking to share new experiences. Originally introduced in South Africa, Flying Fish has now been expanded to more than 15 markets. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Brutal Fruit is a sparkling alcohol drink, made with natural flavors. Originally launched in South Africa in 2002, Brutal Fruit has grown to become the #1 RTD in South Africa and is expanding across the world. With its sweet, sophisticated liquid and subtle fruit flavors, Brutal Fruit is for anyone who wants a more sophisticated RTD beverage. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Kilimanjaro Premium Lager is named after Tanzania&#8217;s iconic Mount Kilimanjaro, the highest mountain in Africa. Launched in 1996, it boasts an easy drinking taste made from ingredients grown on the slopes of Mount Kilimanjaro and nourished by the pure waters that flow from its <span style="white-space:nowrap">ice-capped</span> peak. It is light in color with 4.5% alcohol by volume (&#8220;<span style="font-weight:bold">ABV</span>&#8221;) and a crisp refreshing taste. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Safari, first brewed in Tanzania in 1977, is a full-flavored, full-bodied beer with a rich golden color and taste that gave rise to a new era of beer brewing in Tanzania. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Trophy Lager beer is one of the top selling beers in Nigeria. <span style="font-style:italic"></span>Originated in 1978, Trophy has grown from a small core brand in the west of Nigeria to a strong lovemark (a brand that commands both high respect and &#8220;love&#8221; from consumers). Trophy is known as the honorable beer that accords respect to Nigerian consumers and Nigeria. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Asia Pacific </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Cass is the market leader in South Korea. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Harbin is a national brand with its roots in the northeast of China. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Sedrin is a strong regional brand that originated in China&#8217;s Fujian province. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Haywards 5000, India&#8217;s original strong beer, is one of the largest core lager brands in India and is made from high quality malt to deliver a full bodied, full flavored taste enjoyed by millions. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless otherwise indicated, all statements regarding competitive position of our brands in this Section &#8220;&#8212;International Distribution&#8221; are based on reports published by AC Nielsen. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic"><span style="white-space:nowrap">No-</span> and <span style="white-space:nowrap">Low-Alcohol</span> Beer </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">When measured against the typical 5% ABV for beer, lower-alcohol alternatives have become a larger part of our portfolio. We are committed to expanding our portfolio of <span style="white-space:nowrap">no-alcohol</span> and lower-alcohol products (which we define as 3.5% ABV or below) to give consumers more choice and promote moderation and responsible drinking worldwide. We have expanded our <span style="white-space:nowrap">no-</span> and <span style="white-space:nowrap">low-alcohol</span> beer portfolio from 26 to 80 brands over the last six years. Our <span style="white-space:nowrap">no-alcohol</span> beer brands are now available in 19 of our top 20 markets, while <span style="white-space:nowrap">low-alcohol</span> beer brands are now available in 12 of these markets. We are furthering this effort by featuring Corona Cero, our fast-growing zero alcohol beer brand, becoming the first-ever global beer sponsor of Olympics and Paralympic Games. For further details please see &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;13. Social and Community Matters&#8212;Promoting Smart Drinking.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have continued to expand our global portfolio of <span style="white-space:nowrap">no-alcohol</span> beer. In 2025, we expanded the distribution of Corona Cero to over 70 markets. We offer Budweiser Zero, Bud Zero, Budweiser 0.0%, Beck&#8217;s NA, Corona Cero, and Stella Artois 0.0 in various markets. <span style="font-style:italic"></span>See &#8220;&#8212;Beer&#8221; above for more information. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Non-Beer</span> </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Consumers are increasingly looking for more options for different occasions. Using our strong distribution network, digital platforms and production facilities, we are expanding our portfolio of owned and partnership brands driving this trend. We have an important presence in the <span style="white-space:nowrap">non-beer</span> beverages market, involving primarily carbonated soft drinks, spirits-based beverages, and energy drinks. Our <span style="white-space:nowrap">non-beer</span> beverage operations in Latin America and Africa include both our own brands and agreements with other global players. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have bottling, sale and distribution agreements with Coca-Cola in Honduras and El Salvador, and produce and bottle other third-party soft drink brands, such as Canada Dry Ginger Ale, Squirt and Crush, in Panama. Our subsidiary Ambev has <span style="white-space:nowrap">non-beer</span> beverage operations in South America and the Caribbean, including a long-term agreement with PepsiCo, Inc. (&#8220;<span style="font-weight:bold">PepsiCo</span>&#8221;) whereby it has been granted the exclusive right to bottle, sell and distribute certain PepsiCo brands in Brazil, including Pepsi-Cola, Gatorade, H2OH!, and Lipton Ice Tea. Through our South America operations, Ambev is also PepsiCo&#8217;s bottler for Argentina, Uruguay and Bolivia, as well as in the Dominican Republic and Panama. Ambev also produces, sells and distributes its own <span style="white-space:nowrap">non-beer</span> beverages, and its main carbonated soft drinks brand is Guaran&#225; Antarctica. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have selling and distribution agreements with Red Bull GmbH to sell Red Bull Energy Drinks in markets such as Argentina, Brazil, Dominican Republic, South Africa and others. In the United States, we own a majority interest in an energy drink joint venture to manufacture and sell Phorm energy branded energy drinks, and have master distribution agreements with Icelandic Glacial Water and Super Coffee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We own a strong spirits-based RTD portfolio, including Cutwater, the #1 spirits-based cocktail in the U.S., and N&#220;TRL, the #4 hard seltzer in the U.S. Cutwater and N&#220;TRL brands grew revenue by strong double-digits in the U.S. in 2025, with Cutwater reaching approximately 6% and N&#220;TRL approximately 2% of total spirits category sales (according to Circana 2025). </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Digital Transformation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to elevate our relationships with customers and consumers through new technology capabilities that have the potential to create significant value for our business and accelerate the category globally. Our portfolio of solutions focuses on two areas in this space which present opportunities to accelerate our growth and build on our ecosystem: our <span style="white-space:nowrap"><span style="white-space:nowrap">business-to-business</span></span> platform, BEES, which provides <span style="white-space:nowrap">e-commerce</span> and fintech solutions to retailers and services to our wholesalers; and our digital <span style="white-space:nowrap"><span style="white-space:nowrap">direct-to-consumer</span></span> solutions, which help bring us closer to our consumers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are also deploying artificial intelligence initiatives across various aspects of our business to enhance research, develop new commercial insights, improve customer experiences and operating efficiencies, and strengthen cybersecurity threat detection. We define artificial intelligence by reference to the EU Artificial Intelligence Act, and definitions promulgated by the OECD and National Institute of Standards and Technology, as systems that infer from inputs to generate outputs like predictions, content, recommendations, or decisions, with varying autonomy and adaptiveness. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">BEES </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The BEES business, which is operated by our wholly-owned subsidiary, is a purpose-built global <span style="white-space:nowrap"><span style="white-space:nowrap">business-to-business</span></span> (&#8220;<span style="font-weight:bold">B2B</span>&#8221;) platform that aims to transform the traditional sales model by digitizing every touch-point along the <span style="white-space:nowrap"><span style="white-space:nowrap">route-to-market.</span></span> BEES has two main commercial objectives: to accelerate profitable growth in our core business and to leverage our assets to unlock new and profitable growth opportunities. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">BEES is a multi-product ecosystem that leverages the power of data and technology to meet customer and consumer needs. It connects every touch-point of our <span style="white-space:nowrap"><span style="white-space:nowrap">route-to-market,</span></span> from sales representatives and call agents to delivery, in a single ecosystem that is designed to provide a personalized experience to users and enhance the roles of our sales, delivery, customer service, and call center teams. Retailers can browse products, place orders, earn rewards, arrange deliveries, manage invoices, access business insights and receive personalized shopping recommendations all in one place. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Through its marketplace business, BEES allows us to extend our relationship with retailers by offering them third-party products through our platform. BEES Marketplace is also helping unlock adjacent business opportunities by helping other global consumer products companies and local brands to transform their businesses. BEES Marketplace uses two partnership models: in the first model, we buy and sell third-party products using our existing physical and digital assets, while the second model allows other suppliers to transform their own <span style="white-space:nowrap"><span style="white-space:nowrap">route-to-market</span></span> by integrating technology and services provided by BEES into their existing B2B processes. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">BEES was launched at the end of 2019 in the Dominican Republic and is currently live in 29 countries. As of December 2025, BEES generated 137&#160;million total transactions and captured USD 52.5&#160;billion in gross merchandise value (&#8220;<span style="font-weight:bold">GMV</span>&#8221;). BEES Marketplace generated approximately USD 3.5&#160;billion in GMV from sales of third-party products in 2025, with 50&#160;million transactions containing marketplace products. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">DTC&#160;&amp; <span style="white-space:nowrap">e-commerce</span> </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our omnichannel <span style="white-space:nowrap"><span style="white-space:nowrap">direct-to-consumer</span></span> (&#8220;<span style="font-weight:bold">DTC</span>&#8221;) ecosystem of digital and physical products operates across 17 countries and generated approximately USD 1.3&#160;billion of revenue in 2025. Our DTC business includes a network of approximately 10,000 retail stores, including Modelorama in Mexico, as well as digital businesses that operate under three leading digital brands: Ze Delivery in Brazil, TaDa Delivery in Latin America, and PerfectDraft in Europe. Collectively, these brands fulfilled approximately 76&#160;million <span style="white-space:nowrap">e-commerce</span> orders and generated revenue of USD 545&#160;million in 2025. DTC supports the execution of our strategy by helping us solve consumer problems and strengthen our direct relationship with consumers. Our DTC business enables deeper consumer insights and transforms how we engage with consumers, supporting category growth through the development of occasions, increased premiumization and expanded category participation. <span style="font-style:italic"></span> </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">3.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MAIN MARKETS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a global brewer, with sales in over 150 countries across the globe. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The last two decades have been characterized by rapid growth in fast-growing developing markets, notably in certain regions of Africa, Asia and Central and South America, where we have significant sales. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each market in which we operate has its own dynamics and consumer preferences and trends. Given the breadth of our brand portfolio, we believe we are well-placed to address changing consumer needs in the various categories (above core, core and value) within any given market. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our business is organized into six business segments. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The business segments and their corresponding countries are: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">North America</span>: the United States and Canada; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Middle Americas</span>: the Caribbean, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, Peru and other Middle Americas countries; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">South America</span>: Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">EMEA</span>: Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Spain, Switzerland, the United Kingdom, Botswana, Ghana, Lesotho, Mozambique, Namibia, Nigeria, South Africa, Swaziland, Tanzania, Uganda and Zambia and other African, European and Middle East countries; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-47- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Asia Pacific</span>: China, India, Japan, New Zealand, South Korea, Vietnam and other South Asian and Southeast Asian countries; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-style:italic">Global Export and Holdings Companies</span>. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets out our total volumes broken down by business segment for the periods shown: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2023</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(million<br/>hectoliters)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(%&#160;of&#160;total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(million<br/>hectoliters)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(%&#160;of&#160;total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(million<br/>hectoliters)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Volumes</span><br/><span style="font-weight:bold"></span><span style="font-style:italic">(%&#160;of&#160;total)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">83</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">86</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">90</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">150</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26.8</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">150</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">149</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">155</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">161</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27.9</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">162</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27.8</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">93</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16.6</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">94</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">90</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">79</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">84</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">93</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.9</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">561</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">576</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">585</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">100.0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">%&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;2. Principal Activities and Products&#8221; for a breakdown between our beer and <span style="white-space:nowrap">non-beer</span> volumes and revenue. On an individual country basis, our principal markets, during the year ended 31&#160;December 2025, in alphabetical order, were Argentina, Belgium, Brazil, Canada, China, Colombia, Ecuador, Mexico, Nigeria, Peru, South Africa, South Korea and the United States, with each market having its own dynamics and consumer preferences and trends. Given the breadth of our brand portfolio, we believe we are well-placed to address changing consumer needs in the various categories (above core, core and value) within any given market. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">4.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">COMPETITION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe our largest competitors are Heineken, China Resources, and Carlsberg based on information from IWSR as of January 2026. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Historically, brewing was a local industry with only a few players having a substantial international presence. Larger brewing companies often obtained an international footprint through direct exports, licensing agreements and joint venture arrangements. However, the last several decades have seen a transformation of the industry, with a prolonged period of consolidation. This trend started within the more established beer markets of Western Europe and North America and took the form of larger businesses being formed through merger and acquisition activity within national markets. More recently, consolidation has also taken place within developing markets. Over the last decade, the global consolidation process has accelerated, with brewing groups making significant acquisitions outside of their domestic markets and increasingly looking to purchase other regional brewing organizations. As a result of this consolidation process, the absolute and relative size of the world&#8217;s largest brewers has substantially increased. Therefore, today&#8217;s leading international brewers have significantly more diversified operations and have established leading positions in a number of international markets. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have participated in this consolidation trend and grown our international footprint through a series of mergers and acquisitions, described in &#8220;&#8212;A. History and Development of the Company,&#8221; which include: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the acquisition of Beck&#8217;s in 2002; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the creation of InBev in 2004, through the combination of Interbrew and Ambev; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-48- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the combination with Anheuser-Busch Companies in 2008; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the combination with Grupo Modelo in 2013; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the combination with SAB in 2016. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 10 largest brewers in the world in 2024 in terms of volume are as set out in the table below (m HL). </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:68%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:3%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:88%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AB InBev</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">492.6</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">2</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Heineken</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">241.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">3</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">China Resources</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">100.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Carlsberg</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">100.6</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tsingtao</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">76.0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Molson Coors Brewing Company</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">73.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">7</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asahi</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">66.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">8</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Beijing Yanjing</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">36.7</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">9</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Constellation Brands</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">36.5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">10</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Thai Beverage</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">23.7</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Source: IWSR data as of January 2026. Beer category volume by owner is defined as the ultimate parent company of each brand. Our beer volumes for the year ended 31&#160;December 2025 were 484&#160;million hectoliters and 496&#160;million hectoliters for the year ended 31&#160;December 2024. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In each of our regional markets, we compete against a mixture of national, regional, local and imported beer brands. In North America, Brazil and other selected countries in Latin America, Europe and Asia Pacific, we compete primarily with large leading international or regional brewers and international or regional brands. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">5.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">WEATHER AND SEASONALITY </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For information on how weather affects consumption of our products and the seasonality of our business, see &#8220;Item&#160;5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Weather and Seasonality.&#8221; </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">6.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">BREWING PROCESS; RAW MATERIALS AND PACKAGING; PRODUCTION FACILITIES; LOGISTICS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Brewing Process </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The basic brewing process for most beers is straightforward, but significant <span style="white-space:nowrap">know-how</span> is involved in quality and cost control. The most important stages are brewing and fermentation, followed by maturation, filtering and packaging. Although malted barley (malt) is the primary ingredient, other grains such as maize, rice or wheat are sometimes added to produce different beer styles. The proportion and choice of other raw materials varies according to regional taste preferences and the type of beer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The first step in the brewing process is making wort by mixing malt with warm water and then gradually heating it in large mash tuns to dissolve the starch and transform it into a mixture, called &#8220;mash,&#8221; of maltose and other sugars. The spent grains are filtered out and the liquid, now called &#8220;wort,&#8221; is boiled. Hops are added at this point to give a special bitter taste and aroma to the beer. The wort is boiled to sterilize it, and extract the desired flavor and bitterness from the hops. Cooling follows, using a heat exchanger. The hopped wort is saturated with air, or oxygen, essential for the growth of the yeast once it is added in the next stage. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At the start of fermentation, yeast is added to the cooled, aerated wort. Yeast is a micro-organism that turns the sugar in the wort into alcohol and carbon dioxide. This process of fermentation takes five to 11 days, after which the wort finally becomes beer. Different types of beer are made using different strains of yeast and wort compositions. In some yeast varieties, the yeast cells rise to the top of the liquid at the end of fermentation. Ales are brewed with these <span style="white-space:nowrap">&#8220;top-fermenting&#8221;</span> yeast strains. Lagers are made using yeast strains that settle to the bottom of the liquid. Some special Belgian beers, called lambic or gueuze, use yet another method, where fermentation relies on special mixed cultures. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-49- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the maturation process, the beer clarifies as yeast and other particles settle. Further filtering gives the beer more clarity. Maturation varies by type of beer and can take as long as three weeks, and then the beer is ready for packaging in kegs, cans or bottles. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Raw Materials and Packaging </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The main raw materials used in our beer and other malt-based alcohol beverage production are malted barley, rice, corn, hops, yeast and water. In some of our regions, such as in Africa, locally sourced agricultural products such as sorghum or cassava can be used in place of malted barley. For <span style="white-space:nowrap">non-beer</span> production (primarily carbonated soft drinks, spirits-based beverages and energy drinks), the main ingredients are flavors, fruit concentrate, sugar, sweetener, water and/or spirit base. In addition to these inputs into our products, delivery of our products to consumers requires extensive use of packaging materials such as glass, PET and aluminum bottles, aluminum or steel cans and kegs, aluminum can stock, labels, plastic crates, metal and plastic closures, folding cartons, cardboard products and plastic films. We also use aluminum cansheet for the production of beverage cans and lids. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We primarily use our own proprietary yeast, which we grow in our facilities. In some regions, we import hops to obtain adequate quality and appropriate variety for flavor and aroma. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We purchase certain raw material ingredients through the open market, and establish contracts with suppliers. We also purchase barley and process it to meet our malt requirements at our own malting plants. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prices and sources of raw materials are determined by, among other factors: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the level of crop production and competing crops; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">weather conditions; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">local and export demand; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">governmental taxes, import tariffs and regulations. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We hedge some of our commodities contracts on the financial markets and some of our malt requirements are purchased on the spot market. See &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments&#8221; and note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, for further details on commodities hedging. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have supply contracts with respect to most packaging materials as well as our own production capacity as outlined below in &#8220;&#8212;Production Facilities.&#8221; The choice of packaging materials varies by cost and availability in different regions, as well as consumer preferences and the image and segment of each brand. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Raw material and packaging materials are sourced both globally and locally depending on supply chain risk, specification requirements, supplier performance, and overall costs. Hops, PET resin and, to some extent, cansheet are mainly sourced globally. Malt, adjuncts (such as unmalted grains or fruit), sugar, steel, cans, labels, metal closures, soda ash for our glass plants, plastic closures, preforms and folding cartons are sourced regionally. Electricity is sourced nationally, while water is sourced locally, for example, from municipal water systems and private wells. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We use natural gas as the primary fuel for our plants, and diesel as the primary fuel for freight. We believe adequate supplies of fuel and electricity are available for the conduct of our business. The energy commodity markets have experienced, and can be expected to continue to experience, significant price volatility. We manage our energy costs using various methods including supply contracts, hedging techniques and fuel-switching. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Production Facilities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our production facilities are spread across our regions, giving us a balanced geographical footprint in terms of production and allowing us to efficiently meet consumer demand across the globe. We manage our production capacity across our regions, countries and plants. We typically own our production facilities free of any major encumbrances. We also lease a number of warehouses and other commercial buildings from third parties. See &#8220;&#8212;11. Regulations Affecting Our Business&#8221; for a description of the environmental and other regulations that affect our production facilities. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Beverage Production Facilities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our beverage production facilities comprised 205 breweries and/or <span style="white-space:nowrap">non-beer</span> plants as of 31&#160;December 2025 spread across our regions. Of these 205 plants, 160 produced only beer, <span style="white-space:nowrap">no-alcohol</span> beer and other alcohol beverages (malt- and spirit-based), 13 produced only soft drinks and 32 produced beer, <span style="white-space:nowrap">no-alcohol</span> beer, other alcohol beverages (malt- and spirit-based) and soft drinks. Except in limited cases, our breweries are not dedicated to one single brand of beer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This allows us to allocate production capacity efficiently within our group. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets out, for each of our business segments (excluding Global Export and Holdings Companies) in 2025, the number of our beverage production plants (breweries and/or <span style="white-space:nowrap">non-beer</span> drink plants) as well as the plants&#8217; overall capacity. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025 Volumes<sup style="font-size:75%; vertical-align:top">(1)(3)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Annual engineering<br/>capacity&#160;as&#160;of&#160;31&#160;December&#160;2025<sup style="font-size:75%; vertical-align:top">(5)</sup></span></td>
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td colspan="5" style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td colspan="5" style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Business Segment</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of plants</span><br/><span style="font-weight:bold">as&#160;of&#160;31&#160;December<br/>2025<sup style="font-size:75%; vertical-align:top">(3)(4)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"><span style="font-weight:bold">Beer&#160;(khl)<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span><br/><span style="font-weight:bold">(khl)<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Beer (khl)<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">Non-Beer</span></span><br/><span style="font-weight:bold">(khl)<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">79,595</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,139</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">140,155</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,139</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">34</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">124,464</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26,026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">190,807</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26,026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">49</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">110,985</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">44,186</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">175,666</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">77,794</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">51</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">90,344</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,978</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">139,480</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,978</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">44</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78,415</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">584</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">172,820</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">584</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">205</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">483,803</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">76,914</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">818,928</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">110,521</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Reported volumes. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The beer category includes beer, <span style="white-space:nowrap">no-alcohol</span> beer, and other malt-based alcohol beverages. The <span style="white-space:nowrap">non-beer</span> category includes primarily carbonated soft drinks, spirits-based beverages and energy drinks. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Excludes our joint ventures and assets where we are not the majority owner. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(4)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">In December 2025, we announced our decision to sell our brewery in Newark, New Jersey, and close our breweries in Fairfield, California, and Merrimack, New Hampshire. The planned sale and closures are expected to be completed in 2026. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(5)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Certain production lines are capable of manufacturing both beer and <span style="white-space:nowrap">non-beer</span> beverages. Accordingly, the allocation of annual engineering capacity between beer and <span style="white-space:nowrap">non-beer</span> is indicative and may vary depending on product mix and operational requirements. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-51- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Non-Beverage</span> Production Facilities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our beverage production plants are supplemented and supported by a number of plants and other facilities that produce raw materials and packaging materials for our beverages. The table below provides additional detail on these facilities as of 31&#160;December 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:34%"/>

<td style="vertical-align:bottom;width:3%"/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td style="width:50%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Type of plant&#160;/&#160;facility</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>plants&#160;/&#160;facilities<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Countries in which plants / facilities are located<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Malt plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">19</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">Argentina, Brazil, Colombia, Ecuador, Mexico, Peru, South Africa, South Korea, Tanzania, Uganda, United States, Uruguay, Zambia</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Rice and corn grits mill</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">6</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Argentina, Bolivia, Peru, United States</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Farm and agriculture</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">3</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Germany, South Africa, United States</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Hop pellet plant</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Argentina</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Glass bottle plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">5</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil, Mexico, Paraguay</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Crown and closure plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">4</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Argentina, Brazil, Colombia, Mexico</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Label plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">2</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil, Colombia</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Can plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">8</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil, Bolivia, Mexico, United States</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Can lid manufacturing plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">2</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">United States</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Crown and closure liner material plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">United States</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Soft drink concentrate plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Yeast plants</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">6</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">Brazil, United States</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center"><span style="font-weight:bold">59</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Excludes plants and facilities owned by joint ventures and assets where we are not the majority owner. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to production facilities, we also maintain a geographical footprint in key markets through sales offices and distribution centers. Such offices and centers are opened as needs arise in various markets. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Capacity Expansion </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We continually assess whether our production footprint is optimized to support future customer demand. Through footprint optimization, adding new capabilities (such as plants, packaging lines or distribution centers) to our footprint not only allows us to boost production capacity, but the strategic location often also reduces distribution time and costs so that our products reach consumers rapidly, efficiently and at a lower total cost. Conversely, footprint optimization can lead to divesting of some assets, such as reducing some production and distribution capabilities as needed to maintain the most optimal operational network. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For example, in 2025, we invested in additional brewing, packaging, and distribution capacities in multiple countries including Brazil, Colombia, Honduras, India, Mexico, South Africa, the United States and others to meet our future demand expectations in these countries or for export volumes. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our capital expenditures are primarily funded through cash from operating activities and are for production facilities, logistics, administrative capabilities improvements, hardware and software. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may also outsource, to a limited extent, the production of items that we are either unable to produce in our own production network (for example, due to a lack of capacity during seasonal peaks) or for which we do not yet want to invest in new production facilities (for example, to launch a new product without incurring the full associated <span style="white-space:nowrap">start-up</span> costs). Such outsourcing mainly relates to secondary repackaging materials that we cannot </p>
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practicably produce on our own, in which case our products are sent to external companies for repackaging (for example, gift packs with different types of beers). </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Logistics </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our logistics organization is composed of (i)&#160;a first tier, which comprises all inbound flows into the plants of raw materials and packaging materials and all outbound flows from the plants into the second drop point in the chain (for example, distribution centers, warehouses, wholesalers or key accounts), (ii) a second tier, which comprises all distribution flows from the second drop point into the customer delivery tier (for example, pubs or retailers) and more recently (iii)&#160;our own last mile delivery as part of our <span style="white-space:nowrap"><span style="white-space:nowrap">direct-to-consumer</span></span> offerings, for example Z&#233; Delivery in Brazil and TaDa Delivery across Latin America. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our transportation mechanics vary by market depending on economic and strategic considerations. We may outsource transportation to third-party contractors or retain such capability <span style="white-space:nowrap">in-house,</span> among other options. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">VPO, digital power optimization and life cycle planning management programs have had a direct impact on our logistics organization, for example, in respect of safety, quality, environment, loss-prevention and improving costs by standardizing processes and ways of working around the globe. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">7.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DISTRIBUTION OF PRODUCTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depend on effective distribution networks to deliver products to our customers. We review our focus markets for distribution and licensing agreements on an annual basis. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The distribution of beer, other alcohol beverages and <span style="white-space:nowrap">non-beer</span> drinks varies from country to country and from region to region. The nature of distribution reflects consumption patterns and market structure, geographical density of customers, local regulation, the structure of the local retail sector, scale considerations, market share, expected added-value and capital returns, and the existence of third-party wholesalers or distributors. In some markets, brewers distribute directly to customers. In other markets, wholesalers may play an important role in distributing a significant proportion of beer to consumers, either in part for legal reasons (for example, in certain U.S. states and Canada where there may be legal constraints on the ability of a beer manufacturer to own a wholesaler), because of historical market practice (for example, in China and Argentina) or because we have determined that third-party wholesalers provide the most effective route of distribution. In some instances, we have acquired third-party distributors to help us self-distribute our products. Due to strategic reasons and supply chain complexity, in some countries we operate a combined model with our own third-party distributors and wholesalers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The products we brew in the United States are sold to wholesalers, and those wholesalers, with limited exceptions, have the exclusive right to carry our products within a designated territory for resale to retailers, with some entities owning more than one wholesalership. As of the end of 2025, there were 365 such wholesalers - we owned 9 of these wholesalers and the remaining wholesalers are independent businesses. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We generally distribute our products through (i)&#160;our own distribution network, in which we deliver to points of sale directly, and (ii)&#160;third-party distribution networks, in which delivery to points of sale occurs through wholesalers and independent distributors. In certain cases, we may own or have an ownership stake in a wholesaler. Third-party distribution networks may be exclusive or <span style="white-space:nowrap">non-exclusive.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Distribution Arrangements&#8221; for a discussion of the effect of the choice of distribution arrangements on our results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a customer-driven organization, we have programs for professional relationship building with our customers in all markets regardless of the chosen distribution method. This happens directly, for example, by way of key customer account management, and indirectly, by way of wholesaler excellence programs. </p>
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">8.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">LICENSING </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In some markets, we may enter into licensing agreements or, alternatively, international distribution and/or importation agreements, depending on the best strategic fit for each particular market. Licensing agreements entered into by us may grant the right to third-party licensees to manufacture, package, sell and market one or several of our brands in a particular assigned territory under strict rules and technical requirements. In the case of international distribution and/or importation agreements, we produce and package the products ourselves while the third party distributes, markets and sells the brands in the local market. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have entered into a number of licensing, distribution and importation agreements relating to our brands, including the following: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Stella Artois is licensed to third parties in various countries including Algeria, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Israel, Kosovo, Montenegro, New Zealand, Romania, Serbia and Slovakia, while Beck&#8217;s is licensed to third parties in Algeria, Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Kosovo, Montenegro, New Zealand, Romania, Serbia, Slovakia, Tunisia and Turkey. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Anadolu Efes has the right to brew and sell Bud, Stella Artois and Beck&#8217;s in Turkey and L&#246;wenbr&#228;u in Georgia. We also sell various brands, including Budweiser, by exporting from our license partners&#8217; breweries to other countries. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The Corona beer brand is perpetually licensed to a subsidiary of Constellation Brands, Inc. for marketing and sales in 50 states of the United States, the District of Columbia and Guam. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Aguila, Castle Lager, Cusque&#241;a, Cristal, Redd&#8217;s and certain other brands are perpetually licensed to Molson Coors Brewing Company in the 50 states of the United States, the District of Columbia and Puerto Rico. We have retained rights to brew and distribute these beers outside of the United States, the District of Columbia and Puerto Rico. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">On 30&#160;March 2018, following the merger of our businesses in Russia and Ukraine with Anadolu Efes, we granted the right to brew and/or distribute several of our brands to our associate, AB InBev Efes in which we own a 50% <span style="white-space:nowrap">non-controlling</span> stake and which we do not consolidate. On 22&#160;April 2022, we announced our decision to sell our <span style="white-space:nowrap">non-controlling</span> interest in the AB InBev Efes joint venture and that we were in active discussions with Anadolu Efes, the controlling shareholder of AB InBev Efes, to acquire that interest. On 23&#160;October 2024, we announced that we and Anadolu Efes agreed Anadolu Efes would acquire our interest in the Russian business and we would acquire the interest of Anadolu Efes in the Ukraine business. The transaction, including the purchase price and other terms, was subject to required regulatory and governmental approvals which were not obtained. On 30&#160;December 2024, a Russian decree was issued which placed the AB InBev Efes Russian operations under temporary management. There can be no assurances on the status of our investment in AB InBev Efes. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Financial Risks&#8212;Our business, financial performance and results of operations have been, and may continue to be, adversely affected by military conflicts and their related consequences&#8221; for further details regarding our investment in AB InBev Efes. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In connection with the listing of a minority stake of Budweiser APAC on the Hong Kong Stock Exchange, we have entered into a number of framework agreements granting Budweiser APAC (i)&#160;exclusive licenses to brew, import for sale, sell and distribute, and <span style="white-space:nowrap">(ii)&#160;non-exclusive</span> licenses to advertise and promote, our brands in APAC territories. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Molson Coors Brewing Company has rights to brew and/or distribute, under license, Beck&#8217;s, L&#246;wenbr&#228;u, Spaten and Stella Artois, in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Kosovo, Macedonia, Moldova, Montenegro, Romania, Serbia, Slovakia and Slovenia. </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The Budweiser, Corona Extra, Corona Ligera, Coronita Extra, Pacifico, Modelo Negra, L&#246;wenbr&#228;u Original, L&#246;wenbr&#228;u Oktoberfest, Hoegaarden, Spaten, Spaten Oktoberfest, Franziskaner Hefe-Weissbier Dunkel, Franziskaner Hefe-Weissbier, Leffe Blonde, Leffe Brune, Leffe Radieuse, Belle Vue Extra, Birra del Borgo and Goose Island brands are perpetually licensed to Carlton&#160;&amp; United Breweries, a subsidiary of Asahi, in Australia. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The Stella Artois, Beck&#8217;s and Beck&#8217;s Vier brands are perpetually licensed to a subsidiary of Heineken in Australia. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In Europe, certain third parties have the right to brew and/or distribute some of our brands such as Mahou San Miguel in Spain (excluding the Canary Islands) and C&amp;C in Scotland, Northern Ireland and Ireland. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also manufacture and distribute third-party brands and have the right to manufacture and distribute Brahma, a brand owned by our Brazilian listed subsidiary, Ambev, in certain jurisdictions. Compa&#241;&#237;a Cervecera de Canarias (in the Canary Islands) has an agreement to distribute Guinness in the Canary Islands. In 2025, AB InBev UK Company Limited entered into an agreement with Mahou San Miguel to distribute San Miguel in the UK. Ambev and some of our other subsidiaries have entered into manufacturing and distribution agreements with PepsiCo. Major brands that are distributed under this agreement are Pepsi-Cola, Lipton Ice Tea, H2OH! and Gatorade. See &#8220;&#8212;2. Principal Activities and <span style="white-space:nowrap"><span style="white-space:nowrap">Products&#8212;Non-Beer&#8212;Non-Alcohol</span></span> Beverages&#8221; for further information in this respect. Ambev and some of our other subsidiaries also have licensing agreements with us which allow them to exclusively produce, distribute and market Beck&#8217;s, Stella Artois, Budweiser in Latin America and Canada and Corona products in Brazil, Canada, Chile and Argentina. Ambev also distributes Budweiser in Bolivia, Chile, Costa Rica, the Dominican Republic, Guatemala, Nicaragua, Panama, Paraguay, Puerto Rico and Uruguay.<span style="font-style:italic"> </span> </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left"><span style="font-weight:bold">9.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">BRANDING AND MARKETING </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our brands are the foundation and cornerstone of our relationships with consumers and the key to our long-term success. Our brand portfolio &#8211; its enduring bonds with consumers and its partnerships with customers &#8211; are our most important assets. We invest in our brands with an aim to create a long-term sustainable competitive advantage by seeking to meet the beverage needs of consumers around the world and to develop leading brand positions in every market in which we operate. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our brand portfolio consists of four global brands (Budweiser, Corona, Stella Artois and Michelob ULTRA), our multi-country brands (Beck&#8217;s, Hoegaarden, Leffe, Modelo and Flying Fish), and many &#8220;local champions&#8221; (such as Aguila, Brahma, Bud Light, Busch Light, Cass, Cristal, Harbin, Poker, Skol and Victoria). We believe this robust brand portfolio provides us with strong growth opportunities and positions us well to meet the needs of consumers for different occasions in each of the markets in which we compete. For further information about our brands, see &#8220;&#8212;2. Principal Activities and Products&#8212;Beer.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We seek to constantly strengthen and develop our brand portfolio through enhancement of brand quality, marketing, and product innovation. Our marketing team therefore works together closely with our research and development team (see &#8220;&#8212;10. Intellectual Property; Innovation; Research and Development&#8221; for further information). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We continually assess consumer needs and category dynamics in each geographic market in which we operate in order to identify opportunities for growth. We then work to position our existing brands (or introduce new brands) to address these opportunities, taking into account a variety of factors such as style, price point, emotional needs, and functional benefits. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our brand-building approach always starts with the consumer. We leverage established third party research as well as proprietary first party data to identify key audiences for each brand and understand their behaviors, attitudes, preferences and needs. Based on this understanding we aim to develop long-term, scalable platforms that connect our key brands with the most relevant passion points for each audience. In doing so, we place significant emphasis on creative effectiveness, and aim to use creativity to solve consumer and business problems in a way that drives growth. We have an ecosystem of programs to support effective creativity, called Creative X, which has been featured as a best practice at the Cannes Lions Festival of Creativity and other global marketing forums. Finally, we execute our brand platforms and activations with a digitally- and commercially-integrated approach, and aim for all brand activations to drive our business and help us lead and grow the category. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We own the rights to use our principal brand names and trademarks in perpetuity for the main countries where these brands are currently commercialized (with the exception of certain Modelo beer brands, certain former SAB brands licensed in the United States and certain brands licensed in Australia as described under &#8220;&#8212;8. Licensing&#8221; above). </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">INTELLECTUAL PROPERTY; INNOVATION; RESEARCH AND DEVELOPMENT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Innovation is one of the key factors enabling us to achieve our strategy. We seek to combine technological <span style="white-space:nowrap">know-how</span> with market understanding to develop a healthy innovation pipeline in terms of production process, product and packaging features as well as branding strategy. In addition, as beer markets mature, innovation plays an increasingly important role by providing differentiated products with increased value to consumers. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Intellectual Property </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our intellectual property portfolio mainly consists of trademarks, patents, registered designs, copyrights, <span style="white-space:nowrap">know-how</span> and trade secrets. This intellectual property portfolio is managed by our internal legal department, in collaboration with a selected network of external intellectual property advisers. We place importance on achieving close cooperation between our intellectual property team and our marketing and research and development teams. An internal stage gate process promotes the protection of our intellectual property rights, the swift progress of our innovation projects and the development of products that can be launched and marketed without infringing any third party&#8217;s intellectual property rights. A project moves on to the next step of its development after the necessary verifications (e.g., availability of trademark, existence of prior technology/earlier patents and freedom to market) have been carried out. This internal process is designed to ensure that financial and other resources are not lost due to oversights in relation to intellectual property protection during the development process. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our patent portfolio is carefully built to gain a competitive advantage and support our innovation and other intellectual assets. We currently have approximately 160 pending and granted patent families, each of which covers one or more technological inventions. The extent of the protection differs between technologies, as some patents are protected in many jurisdictions, while others are only protected in one or a few jurisdictions. Our patents may relate, for example, to brewing processes, improvements in production of fermented malt-based beverages, treatments for improved beer flavor stability, <span style="white-space:nowrap">no-alcohol</span> beer development, filtration processes, beverage-dispensing systems and devices, can manufacturing processes, beer packaging or novel uses for brewing materials and disruptive technologies. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We license in limited technology from third parties. We also license out certain of our intellectual property to third parties, for which we receive royalties. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Innovation, Research and Development </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Given our focus on innovation, we place a high value on research and development (&#8220;<span style="font-weight:bold">R&amp;D</span>&#8221;). Our innovation strategy is translated into our R&amp;D priorities, which consist of breakthrough innovation, incremental innovation and renovation (that is, updates and enhancements of existing products and packages). The main goal for the innovation process is to provide consumers with better products and experiences. This includes launching new products, new packaging and new dispensing systems that deliver better performance, both for the consumer and in terms of financial results, by increasing our competitiveness in the relevant markets. With consumers comparing products and experiences offered across very different beverage categories and the choice of beverages increasing, our R&amp;D efforts also require an understanding of the strengths and weaknesses of other beverage categories, spotting opportunities for beer and other alcohol beverages and developing consumer solutions (products) that better address consumer needs and deliver better experiences. This requires understanding consumer emotions and expectations. Sensory experience, premiumization, convenience, sustainability and design are all central to our R&amp;D efforts. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">R&amp;D in process optimization is primarily aimed at quality improvement, capacity increase (plant debottlenecking and addressing volume issues, while minimizing capital expenditure) and improving efficiency. Newly developed processes, materials and/or equipment are documented in best practices and shared across business regions. Current projects range from malting to bottling of finished products. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Knowledge management and learning also make up an integral part of research and development. We seek to continuously increase our knowledge through collaborations with universities and other industries. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our R&amp;D team is regularly briefed (on at least an annual basis) on our priorities and our business regions&#8217; priorities and approves concepts and technologies which are subsequently prioritized for development. The R&amp;D teams invest in both short- and long-term strategic projects for future growth, with the launch time depending on complexity and prioritization. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Global Innovation and Technology Center, located in Leuven, Belgium, accommodates the Product, Packaging, Raw Material, Process and Dispense Development teams and has facilities such as Labs, Experimental Brewery and Sensory Analysis. In addition to the Global Innovation and Technology Center, we also have Product, Packaging and Process development teams located in each of our geographic regions focusing on the short- and medium-term development and implementation needs of such regions. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">REGULATIONS AFFECTING OUR BUSINESS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our worldwide operations are subject to extensive regulatory requirements regarding, among other things, production, distribution, importation, marketing, promotion, labeling, advertising, labor, pensions and public health, consumer protection and environmental issues. For example, in the United States, federal and state laws regulate most aspects of the brewing, sale, marketing, labeling and wholesaling of our products. At the federal level, the Alcohol and Tobacco Tax and Trade Bureau of the U.S. Treasury Department oversees the industry, and each state in which we sell or produce products, and some local authorities in jurisdictions in which we sell products, also have regulations that affect the business conducted by us and other brewers and wholesalers. It is our policy to abide by the laws and regulations around the world that apply to us or to our business. We rely on legal and operational compliance programs, as well as local <span style="white-space:nowrap">in-house</span> and external counsel, to guide our businesses in complying with applicable laws and regulations of the countries in which we operate. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;Certain of our operations depend on independent distributors or wholesalers to sell our products, and we may be unable to replace distributors or acquire interests in wholesalers or distributors. In addition, we may be adversely impacted by the consolidation of retailers,&#8221; &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;Negative publicity and public advocacy regarding perceived or potential health risks, as well as changes in related government regulation, may harm our business,&#8221; &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We could incur significant costs as a result of compliance with, and/or violations of or liabilities under, various regulations that govern our operations,&#8221; &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;Climate change or other environmental concerns, or legal, regulatory or market measures to address climate change or other environmental concerns, may negatively affect our business or operations, including the availability of key production or supply chain inputs,&#8221; &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;Our subsidiary Ambev operates a joint venture in Cuba, in which the Government of Cuba is its indirect joint venture partner. Cuba remains subject to comprehensive economic and trade sanctions by the United States and Ambev&#8217;s operations in Cuba may adversely affect our reputation and the liquidity and value of our securities&#8221; and &#8220;Item 5. Operating and Financial Review&#8212;A. Key Factors Affecting Results of Operations&#8212;Governmental Regulations.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Production, advertising, marketing and sales of alcohol beverages are subject to various restrictions around the world, often based on health considerations. These range from a complete prohibition of alcohol in certain countries and cultures through the prohibition of the import of alcohol, to restrictions on the advertising style, media and messages used. In a number of countries, for example, television is a prohibited medium for advertising beer and other alcohol beverage products, and in other countries, the marketing or selling of beer at sporting events may be restricted or regulated by advertising codes and applicable laws. Media restrictions may constrain our brand-building and innovation potential. Labeling of our products is also regulated in certain markets, varying from health warning labels to importer identification, alcohol strength and other consumer information. Specific warning statements related to alcohol products, including beer, have also become prevalent in recent years. Introduction of smoking bans in pubs and restaurants may have negative effects on <span style="white-space:nowrap">on-trade</span> consumption (that is, beer purchased for consumption in a pub or restaurant or similar retail establishment), as opposed to <span style="white-space:nowrap">off-trade</span> consumption (i.e., beer purchased at a retail outlet for consumption at home or another location). We believe that the regulatory environment in most countries in which we operate is becoming increasingly stringent with respect to health issues and expect this trend to continue. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The distribution of our beer and other alcohol beverage products may also be regulated. In certain markets, alcohol may only be sold through licensed outlets, varying from government- or state-operated monopoly outlets (e.g., in the <span style="white-space:nowrap">off-trade</span> channel of certain Canadian provinces) to the common system of licensed <span style="white-space:nowrap">on-trade</span> outlets (e.g., licensed bars and restaurants) which prevails in many countries (e.g., in much of the European Union). In the United States, states operate under a three-tier system of regulation for beer products from brewer to wholesaler to retailer, meaning that we usually work with licensed third-party distributors to distribute our products to the points of sale. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the United States, both federal and state laws generally prohibit us from providing anything of value to retailers in respect of our alcohol products, including paying slotting fees or (subject to exceptions) holding ownership interests in such retailers. Some states prohibit us from being licensed as a wholesaler for our products. State laws also regulate the interactions among us, our wholesalers and consumers by, for example, limiting merchandise that can be provided to consumers or limiting promotional activities that can be held at retail premises. If we violate applicable federal or state alcohol beverage laws, we could be subject to a variety of sanctions, including fines, equitable relief and suspension or permanent revocation of our licenses to brew or sell our products. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Governments in most of the countries in which we do business also establish minimum legal drinking ages, which generally vary from 16 to 21 years of age or impose other restrictions on sales. Some governments have imposed or are considering imposing minimum pricing on alcohol products. Moreover, governments may seek to address harmful use of alcohol by raising the legal drinking age, further limiting the number, type or operating hours of retail outlets or expanding retail licensing requirements. We work both independently and together with other brewers and alcohol beverage companies to tackle the harmful use of alcohol products and actively promote responsible sales and consumption. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Many beer drinking occasions are closely related to the ability of people to gather, therefore they are susceptible to the type of restrictions governments implement to respond to pandemics, as evidenced during the <span style="white-space:nowrap">COVID-19</span> pandemic, or other events such as civil unrest. These restrictions typically entail the shortening of hours or temporary enforced closures of retail outlets, mostly limited to restrictions on <span style="white-space:nowrap">on-trade</span> outlets. The extent of restrictions usually depends on a variety of factors, including the prevalence of the disease or unrest and governmental concerns regarding the impact of the restrictions on the overall wellbeing of the population. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Growing concern over the rise of obesity and obesity-related diseases, such as Type 2 diabetes, are accelerating global policy debates on reducing consumption of sugar in beverages and foods. This may have an impact on our business. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to antitrust and competition laws in the jurisdictions in which we operate and may be subject to regulatory scrutiny in certain of these jurisdictions. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We are exposed to antitrust and competition laws in certain jurisdictions and the risk of changes in such laws or in the interpretation and enforcement of existing antitrust and competition laws. In addition, in connection with our previous acquisitions, various regulatory authorities have previously imposed conditions with which we are required to comply.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In many jurisdictions, excise and other indirect duties, including legislation regarding minimum alcohol pricing, make up a substantial proportion of the cost of beer charged to customers. In the United States, for example, the brewing industry is subject to significant taxation. The United States federal government currently levies an excise tax of USD 16 per barrel (equivalent to approximately 117 liters) for the first 6&#160;million barrels of beer sold for consumption in the United States and then USD 18 per barrel for every barrel thereafter. All states also levy excise taxes on alcohol beverages. Proposals have been made to increase excise taxes in some states. Every year, several countries introduce proposals to increase beer excise taxes. Rising excise duties can drive up our pricing to the consumer, which in turn could have a negative impact on our results of operations. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We may be subject to adverse changes in taxation and other <span style="white-space:nowrap">tax-related</span> risks.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our products are generally sold in glass or PET bottles or aluminum or steel cans. Legal requirements apply in various jurisdictions in which we do business, requiring that deposits or certain <span style="white-space:nowrap">eco-taxes</span> or fees are charged for the sale, marketing and use of certain <span style="white-space:nowrap">non-refillable</span> beverage containers. The precise requirements imposed by these measures vary. Other types of beverage-container-related deposit, recycling, <span style="white-space:nowrap">eco-tax</span> and/or extended producer responsibility statutes and regulations also apply in various jurisdictions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to different environmental legislation and controls in each of the countries in which we do business. Environmental laws in the countries in which we operate mostly relate to (i)&#160;the conformity of our operating procedures with environmental standards regarding, among other things, the emission of gas and liquid effluents, (ii)&#160;the disposal of <span style="white-space:nowrap">one-way</span> (that is, <span style="white-space:nowrap">non-returnable)</span> packaging and (iii)&#160;noise levels. We believe that the regulatory climate in certain countries in which we do business is becoming increasingly strict with respect to environmental issues and expect this trend to continue in the future in such countries. Achieving compliance with applicable environmental standards and legislation may require plant modifications and capital expenditures. Laws and regulations may also limit noise levels and the disposal of waste, as well as impose waste treatment and disposal requirements. Some of the jurisdictions in which we operate have laws and regulations that require polluters or site owners or occupants to clean up contamination. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The frequency and amount of dividends payable to us by our operating subsidiaries is, in certain countries, subject to exchange control restrictions of the respective jurisdictions where those subsidiaries are organized and operate. See also &#8220;Item&#160;5. Operating and Financial Review&#8212;H. Liquidity and Capital Resources&#8212;Transfers from Subsidiaries&#8221; and &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;We are exposed to developing market risks, including the risks of devaluation, nationalization and inflation.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Iran-Related Required Disclosure </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Iran Threat Reduction and Syria Human Rights Act of 2012 requires disclosure of certain activities relating to Iran by AB InBev or its affiliates that occurred during our 2025 fiscal year. Anadolu Efes, our affiliate, has a licensing agreement with an Iranian company for the production of <span style="white-space:nowrap">no-alcohol</span> beer in Iran. Pursuant to that licensing agreement, Anadolu Efes will receive EUR 225,020 (USD 259,494) in gross revenue for 2025, from which it expects to record no net profit. Anadolu Efes plans to continue its licensing arrangement. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">12. INSURANCE </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We self-insure most of our insurable risk. However, we do purchase insurance for directors&#8217; and officers&#8217; liability and other coverage where required by law or contract or where considered to be in our best interest. We maintain a comprehensive approach to insurable risk, which is mainly divided in two general categories: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Assets: a combination of self-insurance and insurance is used to cover our physical properties and business interruption; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Liabilities: a combination of self-insurance and insurance is used to cover losses due to damages caused to third parties; for executive risks (risks related to our board and management); and automobile insurance (which is required by law in most jurisdictions). </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe we have an adequate approach to insurable risk based on our market capitalization and our worldwide presence. We further believe that the types and level of insurance we maintain are appropriate for the risks of our business. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">13. SOCIAL AND COMMUNITY MATTERS </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our stated purpose is that <span style="font-style:italic">We Dream Big to Create a Future with More Cheers</span>. In all we do, we strive to ensure that we produce the highest-quality products, provide the best consumer experience, and maximize shareholder value by building the strongest competitive and financial position. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Through our reach, resources and energy, we are addressing the needs of our communities through: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Promoting smart drinking; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Improving environmental resilience and promoting inclusive growth; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Increasing workplace safety; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Business ethics; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Providing safe drinking water to our communities. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Promoting Smart Drinking </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With a lower average ABV compared to other alcohol beverages, we believe beer is well-suited to offer consumers more balanced choices. As the world&#8217;s leading brewer, AB InBev is committed to promoting moderation and responsible drinking. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We engage with our consumers and end users through our marketing practices at various stages and frequencies. Research indicates that individual patterns of consumption may be improved by reminding consumers that moderation and control are the group norms. Through social norms marketing, we aim to improve consumption patterns by promoting social norms that produce positive outcomes. By expanding our portfolio of <span style="white-space:nowrap">no-alcohol</span> and lower-alcohol products to give consumers balanced choices, we seek to enable moderation and responsible drinking worldwide. When it comes to responsible drinking and moderation, we focus on four areas: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Providing balanced choices in the product portfolio; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Labeling. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Social Norms Marketing </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our social norms marketing aims to use peer information to encourage moderation. By informing consumers of the fact that the majority of those who consume alcohol do so in moderation, we seek to drive positive behavioral change and reinforce social expectations that those who drink should do so responsibly. Our social norms efforts include investments in campaigns and programs aimed to improve consumer attitudes and behaviors towards moderation. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have invested more than USD 1&#160;billion in dedicated social marketing campaigns and related programs since 2016. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Programs </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We focus on programs grounded in evidence-based interventions, such as responsible beverage service training, screenings and brief interventions designed as preventive measures during outpatient and wellness visits, and road safety initiatives aiming to help governments improve their road safety management systems. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Tracking and assessment of these programs is managed at a local level. In partnership with local experts, governments and the AB InBev Foundation, we supported 46 programs across 24 countries using these evidence-based techniques in 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Providing Balanced Choices in the Product Portfolio </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our portfolio includes <span style="white-space:nowrap">no-alcohol</span> beers in many markets, including global brands like Corona Cero, Budweiser 0.0 and Michelob ULTRA Zero. In 2015, we led the industry by setting a goal to expand our <span style="white-space:nowrap">no-</span> and <span style="white-space:nowrap">low-alcohol</span> beer volume to represent 20% of our global beer volume by the end of 2025. In 2025, 6.2% of our global beer volume was less than 3.5% ABV. Although we have been striving to meet this goal, we did not reach the 20% goal by 2025. When measured against the typical 5% ABV for beer, lower-alcohol alternatives are a larger part of our portfolio. In 2025, products at 4.5% ABV or below represented 52.9% of our portfolio. We continue to expand our portfolio of <span style="white-space:nowrap">no-alcohol</span> and lower-alcohol products to give consumers more choice, enabling them to exercise moderation and responsible drinking. We have also continued to innovate our brewing process with advancements that allow us to rapidly scale <span style="white-space:nowrap">no-alcohol</span> offerings with superior taste. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Labeling </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As part of our voluntary guidance labeling initiative, we continue to include smart drinking label designs on primary product packaging in countries where there is currently no mandate for legal warnings.&#160;This includes labels with voluntary messaging that promote responsible consumption such as &#8220;Don&#8217;t Drink and Drive,&#8221; &#8220;Not for Minors,&#8221; and &#8220;Not for Pregnant Women&#8221;. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Improving environmental resilience and promoting inclusive growth </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depend on natural resources to brew our beers and strive to use resources responsibly and preserve them for the future. We seek to factor sustainability into how we do business, including how we source water, energy and raw materials. We aim to develop innovative programs across our supply chain to improve our sustainability performance with our business partners. To promote inclusive growth and improve livelihoods in the communities we are part of, we also support the farmers and small retailers in our value chain to help them be more productive. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">2025 Sustainability Goals </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to contribute to the United Nations Sustainable Development Goals and broader global sustainable development agenda while building resilient supply chains, productive communities and a healthier environment. In March 2018, following the achievement of our 2017 Environmental Goals, we announced 2025 Sustainability Goals, which focus on four areas: smart agriculture, water stewardship, circular packaging and climate action. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-weight:bold">Water stewardship</span>: our goal was for 100% of our communities in high-stress areas to have improved water availability and quality. We achieved this goal at the end of 2025 as 100% of our communities in high-stress areas had improved water availability; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-weight:bold">Circular packaging</span>: our goal was for 100% of our products to be in packaging that is returnable or made from mostly recyclable content. We did not achieve this goal by the end of 2025 due to the limited availability of viable recycled content in PET packaging, which is highly dependent on local recycling supply chains and dynamic market conditions; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left"><span style="font-weight:bold">Climate change</span>: our goal was for 100% of our purchased electricity to be from renewable sources as well as a goal of 25% reduction in carbon dioxide emissions across our value chain relative to 2017. We contracted the equivalent of 100% of our global purchased electricity volume from renewable sources but did not achieve the renewable electricity target in our climate action goal as 83.7% of our global purchased electricity was operational at the end of 2025. We achieved the emissions reduction target with a 31.9% reduction in carbon dioxide emissions across our value chain since 2017. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We also innovate with business in the 100+ Accelerator, which we founded in 2018 to provide mentorship, training and funding to help scale sustainable innovations. In partnership with the Coca-Cola Company, Colgate Palmolive, Danone, Mondel&#275;z and Unilever, the 100+ Accelerator has worked with 190 startups from 40 countries. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Helping entrepreneurial small businesses grow and thrive </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As part of our commitment to help communities thrive, we believe we have a responsibility to help the small businesses in our supply chain. From the suppliers that help power our production to the retailers that connect with our consumers every day, small businesses play a vital role as an engine of economic growth and employment. They are critical to the success of our business operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We value our relationships with our small business partners and recognize the challenges many face in sustaining and growing their operations, such as limited business skills and the need for affordable financial services and infrastructure. As their business partner, we believe we can help them address these barriers to unlock their entrepreneurial potential and enable us to grow together. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our&#160;Emprendedores&#160;program aims to empower local small retailers in countries like Colombia, Peru and Ecuador by providing access to tools such as business skills training,&#160;financial&#160;education&#160;and digital solutions,&#160;to&#160;help strengthen the sustainability of their businesses. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The BEES business, which is operated by our wholly-owned subsidiary, is bringing the power of digital to small- and <span style="white-space:nowrap">medium-sized</span> retailers, and aims to make their lives easier and their businesses more profitable. The impact of the platform goes beyond business development &#8211; across different initiatives, support is provided to the communities that BEES serves. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Creating resilient agricultural supply chains </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Agriculture is a focus area for action related to responsible sourcing. In 2025, we continued to build resilient agricultural systems, by working with over 20,000 farmers with whom we have a direct sourcing relationship, ranging from large commercial farmers to smallholder farmers. We have put in place programs and partnerships to ensure that our farmers have access to good seed varieties and technical training (skilled), improved insights and data (connected), and the ability to invest in and grow their business (financially empowered). We also continued to implement our soil health framework, launched in 2020 in partnership with The Nature Conservancy, to provide a path for our agronomists and researchers to design and measure the impact of soil health, water and biodiversity initiatives in the field. The framework creates a common set of goals and a suite of agronomic practices and implementation strategies that our teams can tailor for the local context. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Watershed Protection </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, we continued working to scale our water stewardship efforts by driving water efficiency in our operations and by engaging in watershed protection measures in partnership with local stakeholders, especially in high-water-stress areas. Together with local authorities, other water users, and <span style="white-space:nowrap">non-governmental</span> organizations like the World Wildlife Fund and The Nature Conservancy, we have devoted financial and technical resources to green infrastructure initiatives, conservation and reforestation projects, habitat restoration efforts, and soil conservation techniques. To address the challenges specific to the&#160;local context, we have developed and implemented a comprehensive watershed&#160;management process at sites located in water-stressed areas. We are taking a results-based approach and have established baselines for measurement and tracking techniques based on initiatives in&#160;a number of&#160;our high-risk communities. To date we have invested in long-term solutions across 36 sites where we seek to increase water security and improve water quality and availability for our communities and operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Renewable Energy </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a large corporate buyer of electricity and seek to source 100% of our purchased electricity from renewables in order to reduce our carbon emissions and long-term energy cost, and improve air quality. We follow the RE100 guidelines with our renewable electricity sources coming from solar, wind, biomass, biogas, geothermal and water. We also follow RE100 guidelines on energy generation, leveraging self-generated energy through either <span style="white-space:nowrap">on-site</span> installations or <span style="white-space:nowrap">off-site</span> PPAs. While we achieved an increase in operational renewable electricity each year over the past eight years, we did not reach 100% operational renewable electricity by the end of 2025 due to current challenges such as the absence of needed local infrastructure and enabling regulatory frameworks.<span style="font-style:italic"> </span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Recycling </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are driving and protecting the circular economy of our industry by increasing the amount of reused or recycled materials in our packaging and recovering more post-consumer waste. We aim to work with partners, suppliers and retailers across our value chain in this effort. Packaging, such as returnable glass bottles, is an important component of this effort, and increasing recycling, recovery and reuse also helps avoid loss of value. In 2025, 89.7% of our products were in returnable packaging or made from majority (more than 50%) recycled content. While we continue to increase circular packaging across our operations and achieved majority recycled content in glass and cans, we did not achieve our goal by the end of 2025 due to the limited availability of viable recycled content in PET packaging, which is highly dependent on local recycling supply chains and dynamic market conditions. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other Initiatives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We routinely engage with stakeholders including <span style="white-space:nowrap">non-profit</span> organizations, academic institutions and local communities to understand and benefit from their perspectives on sustainable development along brewing value chains. We recognize the critical role that companies can play in addressing some of the world&#8217;s most pressing sustainability challenges, such as water scarcity. We are a signatory to the CEO Water Mandate, a public/private initiative of the United Nations Global Compact, which focuses on developing corporate strategies to address global water issues. We actively work to better understand and manage water risks across our supply chain. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We take a multifaceted approach that includes applying a mix of operational changes and technological solutions, building effective partnerships and having a sustainability-focused mindset, underscored by strong teamwork, in order to help reduce the use of water in our direct operations, protect watersheds that serve our breweries and local communities and improve water management in our barley supply chain. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are members of the Beverage Industry Environmental Roundtable, a technical coalition of leading global beverage companies working together to advance environmental sustainability within the beverage sector. In addition, we engage annually with many community stakeholders around the world on environmental topics including water, nature, and agriculture. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Energy conservation has been a strategic focus for us for many years, especially with the unpredictable cost of energy and evolving climate change regulations. Our continued progress is based on the importance we place on sharing best technical and management practices across our operations. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Increasing workplace safety </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are committed to creating a safe work environment. We encourage employees and contractors to follow safe practices and make healthy choices in our workplaces and local communities. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Business ethics </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our leaders set the tone, driving ethical behavior at our company. We expect them to deliver results and to inspire our colleagues through passion for brewing and a sense of ownership. Most importantly, we never take shortcuts. Integrity, hard work, quality and responsibility are essential to our growth. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Human Rights </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We understand that respecting human rights is fundamental to creating healthy, thriving communities. As a global business with extended, local value chains, we recognize that human rights impacts can arise in any country. We have been a signatory to the United Nations Global Compact since 2005 and our approach to human rights is based on the principles and guidance contained in the UN Guiding Principles on Business and Human Rights. Through our policies and processes we aim to identify possible human rights impacts and develop plans that prevent, address or mitigate negative impacts. We continue to participate in industry and NGO initiatives that seek to improve business&#8217; approach to respecting human rights. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Our People </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">It takes great people to build a great company. That is why we focus on attracting and retaining the best talent. Our approach is to enhance our people&#8217;s skills and potential through education and training, competitive compensation and a culture of ownership that rewards people for taking responsibility and producing results. Our ownership culture unites our people, providing the necessary energy, commitment and alignment needed to pursue our purpose of Dreaming Big to Create a Future with More Cheers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Having the right people in the right roles at the right time&#8212;aligned through a clear goal-setting and rewards process&#8212;improves productivity and enables us to continue to invest in our business. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Providing Safe Drinking Water to Our Communities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We support our communities during times of need. Our commitment to providing safe drinking water spans across various regions, with significant efforts made around the world in 2025: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In the United States, we reached the milestone of producing 100&#160;million cans of emergency drinking water for communities impacted by disaster since 1988, underscoring our continued commitment to showing up for our neighbors in partnership with the American Red Cross; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In India, we installed two &#8220;Water ATMs&#8221; in Mysuru to help provide a safe, accessible, and reliable supply of clean drinking water, purified through reverse osmosis filtration plants; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In Mexico, Grupo Modelo, through Aguas Firmes and in collaboration with the German Agency for International Development, local authorities and community leaders, held a Support Delivery event in Apan, Hidalgo, distributing around 700 water tanks to families and community spaces; and </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In Brazil, Ambev, in partnership with Florescer &#8211; a <span style="white-space:nowrap">non-profit</span> organization that fosters local economies &#8211; installed drinking water fountains in Bel&#233;m, benefiting more than 1.2&#160;million people across urban and riverside areas. The partnership also expanded to Rio de Janeiro, providing access to clean water for communities without adequate supply and reaching nearly 150,000 residents. </p></td></tr></table> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_20"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">ORGANIZATIONAL STRUCTURE </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Anheuser-Busch InBev SA/NV is the parent company of the AB InBev Group. Our most significant subsidiaries (as of 31&#160;December 2025) are: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Subsidiary Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Jurisdiction&#160;of</span><br/><span style="font-weight:bold">incorporation<br/>or residence</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Proportion&#160;of<br/>ownership<br/>interest</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Proportion&#160;of<br/>voting rights<br/>held</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Anheuser-Busch Companies, LLC </span><span style="font-weight:bold"><br/></span>One Busch Place <br/>St. Louis, MO 63118</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">Delaware,<br/>U.S.A.</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ambev S.A. </span><span style="font-weight:bold"><br/></span>Rua Dr.&#160;Renato Paes de Barros 1017 <br/>3&#176; Andar Itaim Bibi <br/>S&#227;o Paulo, Brazil</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">Brazil</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">61.73</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">61.73</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Budweiser Brewing Company APAC Limited </span><span style="font-weight:bold"><br/></span>Suite 2701, Hysan Place <br/>500 Hennessy Road, Causeway Bay <br/>Hong Kong SAR, China</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">Cayman<br/>Islands</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">87.22</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">87.22</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Cervecer&#237;a Modelo de M&#233;xico, S. de R.L. de C.V. </span><span style="font-weight:bold"><br/></span>Cerrada de Palomas 22, 6th Floor, Reforma Social <br/>Miguel Hidalgo <br/>11650 Mexico City, Mexico</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">Mexico</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">ABI SAB Group Holding Limited </span><span style="font-weight:bold"><br/></span>Bureau, 90 Fetter Lane <br/>London EC4A 1EN, United Kingdom</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;white-space:nowrap;text-align:center">United<br/>Kingdom</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">100</td>
<td style="white-space:nowrap;vertical-align:top">%&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a more comprehensive list of our most important financing and operating subsidiaries, see note 34 of our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_21"><span style="font-weight:bold">D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PROPERTY, PLANTS AND EQUIPMENT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a further discussion of property, plants and equipment, see &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business &#8212; Climate change or other environmental concerns, or legal, regulatory or market measures to address climate change or other environmental concerns, may negatively affect our business or operations, including the availability of key production or supply chain inputs,&#8221; &#8220;&#8212;B. Business Overview&#8212;6. Brewing Process; Raw Materials and Packaging; Production Facilities; Logistics&#8212;Capacity Expansion,&#8221; and &#8220;Item&#160;5. Operating and Financial Review&#8212;H. Liquidity and Capital Resources&#8212;Capital Expenditures&#8221;. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:9%;vertical-align:top;text-align:left" id="txa65314_22"><span style="font-weight:bold">ITEM&#8201;4A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">UNRESOLVED STAFF COMMENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:9%;vertical-align:top;text-align:left" id="txa65314_23"><span style="font-weight:bold">ITEM&#8201;5.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">OPERATING AND FINANCIAL REVIEW </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following is a review of our financial condition and results of operations as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, and of the key factors that have affected or are expected to be likely to affect our ongoing and future operations. You should read the following discussion and analysis in conjunction with our audited consolidated financial statements and the accompanying notes included elsewhere in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-65- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Some of the information contained in this discussion, including information with respect to our plans and strategies for our business and our expected sources of financing, contain forward-looking statements that involve risk and uncertainties. You should read &#8220;Forward-Looking Statements&#8221; for a discussion of the risks related to those statements. You should also read &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8221; for a discussion of certain factors that may affect our business, financial condition and results of operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have prepared our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board and in conformity with IFRS Accounting Standards as adopted by the European Union. The financial information and related discussion and analysis contained in this item are presented in U.S. dollars except as otherwise specified. Unless otherwise specified, the financial information analysis in this <span style="white-space:nowrap">Form&#160;20-F</span> is based on our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Presentation of Financial and Other Data&#8221; for further information on our presentation of financial information. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_24"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">KEY FACTORS AFFECTING RESULTS OF OPERATIONS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We consider economic conditions and pricing, raw material and transport prices, consumer preferences, our product mix, the effect of our distribution arrangements, acquisitions, divestitures and other structural changes, excise taxes, the effect of governmental regulations, foreign currency effects, and weather and seasonality to be the key factors influencing the results of our operations. The following sections discuss these key factors. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Economic Conditions and Pricing </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">General economic conditions in the geographic regions in which we sell our products, such as the level of disposable income, the level of inflation, the rate of economic growth, the rate of unemployment, energy prices, interest rates, government policies including the implementation of tariffs and other trade barriers, exchange rates and currency devaluation or revaluation (including adverse transactional currency effects which may impact certain U.S. dollar-denominated products or services that could become more expensive in terms of local currencies due to the appreciation of the U.S. dollar), influence consumer confidence and consumer purchasing power. These factors, in turn, influence the demand for our products in terms of total volumes sold and the price that can be charged. Unfavorable macroeconomic conditions in any of our key markets, including the U.S., Mexico, Brazil, Europe and China, could have a material adverse effect on the demand for our products. Furthermore, as a substantial proportion of our operations are carried out in developing markets, any general decline in developing markets as a whole could impact us disproportionately compared to our competitors with less exposure to developing markets. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to affecting demand for our products, the general economic conditions described above may cause consumer preferences to shift between <span style="white-space:nowrap">on-trade</span> consumption channels, such as restaurants and caf&#233;s, bars, sports and leisure venues and hotels, and <span style="white-space:nowrap">off-trade</span> consumption channels, such as traditional grocery stores, supermarkets, hypermarkets and discount stores. Products sold in <span style="white-space:nowrap">off-trade</span> consumption channels typically generate higher volumes and lower margins per retail outlet than those sold in <span style="white-space:nowrap">on-trade</span> consumption channels, although <span style="white-space:nowrap">on-trade</span> consumption channels typically require higher levels of investment. The relative profitability of <span style="white-space:nowrap">on-trade</span> and <span style="white-space:nowrap">off-trade</span> consumption channels varies depending on various factors, including costs of invested capital and the distribution arrangements in the different countries in which we operate. A shift in consumer preferences towards lower-margin products may also adversely affect our price realization and profit margins. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Markets across the world experienced significant inflationary pressures in recent years, and inflation rates in certain countries in which we operate may continue at elevated levels for the near-term. The level of inflation has been particularly significant in our South America region. In May 2018, the Argentine peso underwent a severe devaluation resulting in the three-year cumulative inflation of Argentina to exceed 100% in 2018, thereby triggering </p>
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the requirement to transition to hyperinflation accounting as prescribed by IAS 29 <span style="font-style:italic">Financial Reporting in Hyperinflationary Economies</span> (see &#8220;&#8212;Foreign Currency&#8221;). As measured by the Instituto Nacional de Estad&#237;stica y Censos, Argentine inflation was approximately 31% in 2025. These inflationary pressures drove the decline in our total volumes in Argentina for the year ended 31&#160;December 2025. See &#8220;Item&#160;5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024&#8212;Volumes&#8221; for additional details. A central element of our strategy for achieving sustained profitable volume growth is our ability to anticipate changes in local economic conditions and their impact on consumer demand in order to achieve the optimal combination of pricing and sales volume. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Inflationary pressures may also result in significant increases to our expenses, including direct materials, wages, energy, and transportation costs. See &#8220;Item&#160;5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024&#8212;Cost of Sales&#8221; for additional details. In cases of sustained and elevated inflation across several of our key markets, it may be difficult to effectively manage the increases to our costs and we may not be able to pass these increased costs on to our customers. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Raw Material and Transport Prices </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have significant exposure to fluctuations in the prices of raw materials, packaging materials, energy and transport services, each of which may significantly impact our cost of sales or distribution expenses. Increased costs or distribution expenses will reduce our profit margins if we are unable to recover these additional costs from our customers through higher prices (see &#8220;&#8212;Economic Conditions and Pricing&#8221; above). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The main raw materials used in our beer and other malt-based alcohol beverage production are malted barley, corn, rice, hops, yeast and water, while those used in our <span style="white-space:nowrap">non-beer</span> production are flavors, fruit concentrate, sugar, sweetener, water and/or spirit base. In some of our regions, such as in Africa, locally-sourced agricultural products, such as sorghum or cassava, can be used in place of malted barley. In addition to these inputs into our products, delivery of our products to consumers requires extensive use of packaging materials, such as glass, PET and aluminum bottles, aluminum or steel cans and kegs, labels, plastic crates, metal and plastic closures, folding cartons, cardboard products and plastic films. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The price of the raw and packaging materials that we use in our operations is determined by, among other factors, the level of crop production (both in the countries in which we are active and elsewhere in the world), weather conditions, the capacity utilization of our suppliers, inflation, currency fluctuations, <span style="white-space:nowrap">end-user</span> demand, governmental regulations including tariffs, and legislation affecting agriculture and trade. We are also exposed to increases in fuel and other energy prices through our own and third-party distribution networks and production operations. Furthermore, we are exposed to increases in raw material transport costs charged by suppliers (see &#8220;&#8212;Economic Conditions and Pricing&#8221; above). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Geopolitical or local instability can increase pressures on the supply chain and increase energy costs, which may increase the cost of manufacturing, selling and delivering our products. Increases in the prices of our products could affect demand among consumers, and, thus, our sales volumes and revenue. Even though we seek to minimize the impact of such fluctuations through financial and physical hedging, the results of our hedging activities may vary across time. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As further discussed under &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments,&#8221; we use both fixed-price purchasing contracts and commodity derivatives to minimize our exposure to commodity price volatility when practicable. Fixed-price contracts generally have a term of one to two years, although a small number of contracts have a term up to five years. See &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;6. Brewing Process; Raw Materials and Packaging; Production Facilities; Logistics&#8212;Raw Materials and Packaging&#8221; and &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Us and Our Activities&#8212;Risks Relating to Our Business Activities and Industry&#8212;We rely on key third parties, including key suppliers, and the termination or modification of the arrangements with such third parties or their failure to meet their obligations to us could negatively affect our business&#8221; for further details regarding our arrangements for sourcing of raw and packaging materials. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Consumer Preferences </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a consumer products company, and our results of operations largely depend on our ability to respond effectively to shifting consumer preferences. Consumer preferences may shift due to a variety of factors, including changes in demographics, changes in social trends, such as consumer health concerns, product attributes and ingredients, changes in social habits, changes in travel, weather, vacation or leisure activity patterns, or negative publicity resulting from regulatory action, litigation, our sponsorship relations or campaigns, actions or statements by activists or other public figures. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Product Mix </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The results of our operations are substantially affected by our ability to build on our strong family of brands by relaunching or reinvigorating existing brands in current markets, launching existing brands in new markets and introducing brand extensions and packaging alternatives for our existing brands, as well as our ability to both acquire and develop innovative products to respond to changing consumer preferences. Strong, well-recognized brands that attract and retain consumers, for which consumers are willing to pay a premium, are critical to our efforts to maintain and increase market share and benefit from high margins. See &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;2. Principal Activities and Products&#8221; for further information regarding our brands. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Distribution Arrangements </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We depend on effective distribution networks to deliver our products to our customers. Generally, we distribute our products through (i)&#160;our own distribution, in which we deliver to points of sale directly, and (ii)&#160;third-party distribution networks, in which delivery to points of sale occurs through wholesalers and independent distributors. Third-party distribution networks may be exclusive or <span style="white-space:nowrap">non-exclusive</span> and may, in certain business segments, involve use of third-party distribution while we retain the sales function through an agency framework. We use different distribution networks in the markets in which we operate, as appropriate, based on the structure of the local retail sectors, local geographic considerations, scale considerations, regulatory requirements, market share and the expected added-value and capital returns. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although specific results may vary depending on the relevant distribution arrangement and market, in general, the use of own distribution or third-party distribution networks will have the following effects on our results of operations: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Revenue. Revenue per hectoliter derived from sales through own distribution tends to be higher than revenue derived from sales through third parties. In general, under own distribution, we receive a higher price for our products since we are selling directly to points of sale, capturing the margin that would otherwise be retained by intermediaries; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Transportation costs. In our own distribution networks, we sell our products to the point of sale and incur additional freight costs in transporting those products between our plant and such points of sale. Such costs are included in our distribution expenses under IFRS. In most of our own distribution networks, we use third-party transporters and incur costs through payments to these transporters, which are also included in our distribution expenses under IFRS. In third-party distribution networks, our distribution expenses are generally limited to expenses incurred in delivering our products to relevant wholesalers or independent distributors in those circumstances in which we make deliveries; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Sales expenses. Under fully third-party distribution systems, the salesperson is generally an employee of the distributor, while under our own distribution and indirect agency networks, the salesperson is generally our employee. To the extent that we deliver our products to points of sale through direct or indirect agency distribution networks, we will incur additional sales expenses from the hiring of additional employees (which may offset to a certain extent increased revenue gained as a result of own distribution). </p></td></tr></table>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, in certain countries, we enter into exclusive importer arrangements and depend on our counterparties to these arrangements to market and distribute our products to points of sale. To the extent that we rely on counterparties to distribution agreements to distribute our products in particular countries or regions, the results of our operations in those countries and regions will, in turn, be substantially dependent on our counterparties&#8217; own distribution networks operating effectively. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Acquisitions, Divestitures and Other Structural Changes </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We regularly engage in acquisitions, divestitures and investments. We also engage in the <span style="white-space:nowrap">start-up</span> or termination of activities and may transfer activities between business segments. Such events have had and are expected to continue to have a significant effect on our results of operations and the comparability of <span style="white-space:nowrap"><span style="white-space:nowrap">period-to-period</span></span> results. Significant acquisitions, divestitures, investments, transfers of activities between business segments and other structural changes in the years ended 31&#160;December 2025 and 2024 are described below. See also note 6 and note 8 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Acquisitions, Divestitures and Other Arrangements </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Effective 1&#160;January 2025, we became the distributor and promoter of San Miguel beers in the United Kingdom following the agreement reached with Mahou in 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, we also entered into a contract brewing agreement with Pabst Brewing Company, with the results reported within Global Export and Holding Companies business segment. Volumes related to this contract brewing agreement are not included in our volumes. We also terminated distribution rights related to Ghost beverages in the United States. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, we disposed of assets held for sale in Barbados and other Caribbean islands and we reported a USD 96&#160;million gain in exceptional items. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2024, we disposed of our share in associate Ghost Beverages LLC in the U.S. to Keurig Dr.&#160;Pepper and we reported a USD 437&#160;million gain in exceptional items. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During 2024 and 2025, we also undertook a series of additional acquisitions and disposals, including the acquisition and termination of certain distribution rights (together with the acquisitions, disposals and arrangements described above, the &#8220;<span style="font-weight:bold">2024 and 2025 acquisitions and disposals</span>&#8221;), with no significant impact to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may also acquire, purchase or dispose of further assets or businesses in our normal course of operations. Accordingly, the financial information presented in this <span style="white-space:nowrap">Form&#160;20-F</span> may not reflect the scope of our business as it will be conducted in the future. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Brazilian Tax Credits </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, our subsidiary Ambev recognized USD 26&#160;million income in Other operating income related to tax credits in Brazil (2024: USD 49 million). Additionally, Ambev recognized USD 117&#160;million of interest income in Finance income for the year ended 31&#160;December 2025 (2024: USD 142 million) related to these credits. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Excise Taxes </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Taxation on our beer, other alcohol beverage and <span style="white-space:nowrap">non-beer</span> products in the countries in which we operate is comprised of different taxes specific to each jurisdiction, such as excise and other indirect taxes. In many jurisdictions, excise and other indirect duties, including legislation regarding minimum alcohol pricing, make up a large proportion of the cost of beer charged to customers. Increases in excise and other indirect taxes applicable to </p>
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our products either on an absolute basis or relative to the levels applicable to other beverages tend to adversely affect our revenue or margins, both by reducing overall consumption and by encouraging consumers to switch to lower-taxed categories of beverages. These increases also adversely affect the affordability of our products and our ability to raise prices. For further discussion of excise taxes and the risk of increased tax rates, please see &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Us and Our Activities&#8212;Legal and Regulatory Risks&#8212;We may be subject to adverse changes in taxation and other <span style="white-space:nowrap">tax-related</span> risks&#8221;. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Governmental Regulations </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Governmental restrictions on beer consumption in the markets in which we operate vary from one country to another, and, in some instances, within countries. The most relevant restrictions are: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Global and national alcohol policy reviews and the implementation of policies aimed at health consequences and preventing the harmful effects of alcohol misuse (including, among others, relating to underage drinking, drunk driving, drinking while pregnant and excessive or abusive drinking); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Restrictions on sales of alcohol generally or beer specifically, including restrictions on distribution networks, restrictions on certain retail venues, requirements that retail stores hold special licenses for the sale of alcohol, restrictions on times or days of sale, labeling requirements and minimum alcohol pricing requirements; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Restrictions imposed by antitrust or competition laws; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Deposit laws (including those for bottles, crates and kegs); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Heightened environmental regulations and standards, including regulations addressing emissions of gas and liquid effluents and the disposal of waste and <span style="white-space:nowrap">one-way</span> packaging, compliance with which imposes costs; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Litigation associated with any of the above. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to &#8220;Item&#160;4. Information on the Company&#8212;B. Business Overview&#8212;11. Regulations Affecting Our Business&#8221; for a fuller description of the key laws and regulations to which our operations are subject. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Foreign Currency </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our financial statements presentation and reporting currency is the U.S. dollar. A number of our operating companies have functional currencies (that is, in most cases, the local currency of the respective operating company) other than our reporting currency. Consequently, foreign currency exchange rates have a significant impact on our consolidated financial statements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In particular, changes in the value of our operating companies&#8217; functional currencies against other currencies in which their costs and expenses are priced may affect those operating companies&#8217; cost of sales and operating expenses, and, thus, negatively impact their operating margins in functional currency terms. Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions, while monetary assets and liabilities denominated in foreign currencies are translated at the balance sheet date. Except for exchange differences on transactions entered into in order to hedge certain foreign currency risk and exchange rate differences on monetary items that form part of the net investment in the foreign operations, gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities in currencies other than an operating company&#8217;s functional currency are recognized in the income statement. Historically, we have been able to raise prices and implement cost-saving initiatives to partly offset cost and expense increases due to exchange rate volatility. We also have hedge policies designed to manage commodity price and foreign currency risks to protect our exposure to currencies other than our operating companies&#8217; respective functional currencies. Derivative financial instruments and contractual terms can protect against currency fluctuations in the short term to some extent. However, derivatives and contractual arrangements expire, and upon expiry are subject to renegotiation, and therefore cannot provide complete protection over the medium or longer term which may adversely impact our results from operations. Please refer to &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments&#8221; for further detail on our approach to hedging commodity price and foreign currency risk. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any change in the exchange rates between our operating companies&#8217; functional currencies and our reporting currency affects our consolidated income statement and consolidated statement of financial position when the results of those operating companies are translated into the reporting currency for reporting purposes as translational exposures are not hedged. Assets and liabilities of foreign operations are translated to the reporting currency at foreign exchange rates prevailing at the balance sheet date. Income statements of foreign operations, excluding foreign entities in hyperinflation economies, are translated to the reporting currency at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of transactions. The components of shareholders&#8217; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#8217; equity into the reporting currency at <span style="white-space:nowrap">year-end</span> are taken to other comprehensive income (that is, in the translation reserve). In May 2018, the Argentine peso underwent a severe devaluation resulting in Argentina&#8217;s three-year cumulative inflation exceeding 100% in 2018, thereby triggering the requirement to transition to hyperinflation accounting as prescribed by IAS 29 <span style="font-style:italic">Financial Reporting in Hyperinflationary Economies</span>. Under IAS&#160;29, the <span style="white-space:nowrap">non-monetary</span> assets and liabilities are stated at historical cost and the equity and income statement of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency applying a general price index. These <span style="white-space:nowrap">re-measured</span> accounts are used for conversion into U.S. dollar at the period closing exchange rate. As a result, the balance sheet and net results of subsidiaries operating in hyperinflationary economies are stated in terms of the measuring unit current at the end of the reporting period. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During 2025, the closing exchange rate of several currencies, such as the Brazilian real, the Colombian peso, the Euro, the Mexican peso, the Peruvian sol and the South African rand appreciated against the U.S. dollar. During the same period, the average exchange rate of several currencies, such as the Brazilian real and the Mexican peso, and the closing exchange rate of the Argentine peso, depreciated against the U.S. dollar. Our total consolidated revenue was USD 59.3&#160;billion for the year ended 31&#160;December 2025, a decrease of USD 0.4&#160;billion compared to the year ended 31&#160;December 2024. The negative impact of unfavorable currency translation effects, including hyperinflation accounting impact, on our consolidated revenue in the year ended 31&#160;December 2025 was USD 1.3&#160;billion, primarily as a result of the currency translation effects from the Argentine peso, Brazilian real and the Mexican peso. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For further details regarding the currencies in which our revenue is realized and the effect of foreign currency fluctuations on our results of operations, see &#8220;&#8212;F. Impact of Changes in Foreign Exchange Rates&#8221; below. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See also &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Us and Our Activities&#8212;Financial Risks&#8212;Fluctuations in foreign currency exchange rates may lead to volatility in our results of operations.&#8221; and &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Us and Our Activities&#8212;Market Risks&#8212;We are exposed to developing market risks, including the risks of devaluation, nationalization and inflation.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Weather and Seasonality </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Weather conditions directly affect consumption of our products. High temperatures and prolonged periods of warm weather favor increased consumption of our products, while unseasonably cool or wet weather, especially during the spring and summer months, adversely affects our sales volumes and, consequently, our revenue. Accordingly, product sales in all of our business segments are generally higher during the warmer months of the year (which also tend to be periods of increased tourist activity) as well as during major holiday periods. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Consequently, for many countries in EMEA and most countries in the South America region (particularly Argentina and most of Brazil), volumes are usually stronger in the first and fourth quarters due to <span style="white-space:nowrap">year-end</span> festivities and the summer season in the Southern Hemisphere, while for some countries in Middle Americas and EMEA and the countries in the North America and Asia Pacific regions, volumes tend to be stronger during the spring and summer seasons in the second and third quarters of each year. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on 2025 information, for example, we realized 46% of our total 2025 volumes in South America in the second and third quarters, compared to 54% in the first and fourth quarters of the year, whereas in North America, we realized 54% of our sales volume in the second and third quarters, compared to 46% in the first and fourth quarters. Although such sales volume figures are the result of a range of factors in addition to weather and seasonality, they are nevertheless broadly illustrative of the historical trend described above. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SIGNIFICANT ACCOUNTING POLICIES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a summary of all of our significant accounting policies, see note 3 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe that the following are our critical accounting policies. We consider an accounting policy to be critical if it is important to our financial condition and results of operations and requires significant or complex judgments and estimates on the part of our management. Although each of our significant accounting policies reflects judgments, assessments or estimates, we believe that the following accounting policies reflect the most critical judgments, estimates and assumptions that are important to our business operations and the understanding of its results: revenue recognition; accounting for business combinations and impairment of goodwill and intangible assets; pension and other post-retirement benefits; share-based compensation; contingencies; deferred and current income taxes; and accounting for derivatives. Although we believe that our judgments, assumptions and estimates are appropriate, actual results, under different assumptions or conditions, may differ from these estimates. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Summary of Changes in Accounting Policies </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing our consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following standards, amendments and interpretations have been issued recently, but are not yet effective: </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"><span style="font-style:italic">IFRS 18 &#8211; Presentation and Disclosures in Financial Statements </span></span>(effective for annual reporting periods beginning on or after 1&#160;January 2027) will replace IAS 1 and introduce new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, it will impact the presentation of the primary financial statements and the related disclosures. We anticipate that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. We do not intend to early adopt IFRS 18 and are currently assessing its full impact. For additional information, see note 3 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A number of amendments to standards effective for annual periods beginning after 1&#160;January 2026 have not been discussed either because of their <span style="white-space:nowrap">non-applicability</span> or immateriality to our consolidated financial statements. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Revenue Recognition </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Revenue is measured based on the consideration to which we expect to be entitled in a contract with a customer and excludes amounts collected on behalf of third parties. We recognize revenue when performance obligations are satisfied, meaning when we transfer control of a product to a customer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Specifically, revenue recognition follows the following five-step approach: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Identification of the contracts with a customer; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Identification of the performance obligations in the contracts; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Determination of the transaction price; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Allocation of the transaction price to the performance obligations in the contracts; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Revenue recognition when performance obligations are satisfied. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, we estimate the amount of consideration to which we will be entitled in exchange for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant future reversals when the uncertainty is resolved. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In many jurisdictions, excise taxes make up a large proportion of the cost of beer charged to our customers. The aggregate deduction from revenue recorded by us in relation to these taxes was USD 15.3&#160;billion and USD 15.2&#160;billion for the years ended 31&#160;December 2025 and 2024, respectively.<span style="font-style:italic"> </span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Accounting for Business Combinations and Impairment of Goodwill and Intangible Assets </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have made acquisitions that include a significant amount of goodwill and other intangible assets, including the acquisitions of Anheuser-Busch Companies, Grupo Modelo and SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, our total goodwill amounted to USD 117.9&#160;billion, and our intangible assets with indefinite useful lives amounted to USD 38.5&#160;billion. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on our 2025 annual impairment testing for goodwill, no impairment charge was warranted in 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We apply the acquisition method of accounting to account for acquisition of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over our interest in the fair value of the identifiable net assets acquired is recorded as goodwill. If the business combination is achieved in stages, the acquisition date carrying value of our previously held interest in the acquiree is remeasured to fair value at the acquisition date; any gains or losses arising from such remeasurement are recognized in profit or loss. We exercise significant judgment in the process of identifying tangible and intangible </p>
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assets and liabilities, valuing such assets and liabilities and in determining their remaining useful lives. We generally engage third-party valuation firms to assist in valuing the acquired assets and liabilities. The valuation of these assets and liabilities is based on assumptions and criteria that include, in some cases, estimates of future cash flows discounted at the appropriate rates. The use of different assumptions used for valuation purposes, including estimates of future cash flows or discount rates, may have resulted in different estimates of value of assets acquired and liabilities assumed. Although we believe that the assumptions applied in the determination are reasonable based on information available at the date of acquisition, actual results may differ from the forecasted amounts, and the difference could be material. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We test our goodwill and other long-lived assets for impairment annually or whenever events and circumstances indicate that the recoverable amount of those assets is less than their carrying amount. We cannot predict whether an event that triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. We believe that all of our estimates are reasonable: they are consistent with our internal reporting and reflect management&#8217;s best estimates. However, inherent uncertainties exist that management may not be able to control, including geopolitical instability. If our current assumptions and estimates, including projected revenues growth rates, competitive and consumer trends, weighted average cost of capital, terminal growth rates, and other market factors, are not met, or if valuation factors outside of our control, change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We performed our annual goodwill impairment test at cash-generating unit level, which is the lowest level at which goodwill is monitored for internal management purposes. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our impairment testing methodology is in accordance with IAS 36 <span style="font-style:italic">Impairment of Assets</span> in which <span style="white-space:nowrap"><span style="white-space:nowrap">fair-value-less-cost-to-sell</span></span> and value in use approaches are taken into account. This entails applying a discounted cash flow approach based on acquisition valuation models for the cash- generating units showing an invested capital to Normalized EBITDA multiple above 9x and valuation multiples for our other cash-generating units. The discounted cash flow approach was applied for Colombia, South Africa, Rest of Asia Pacific and the United States cash-generating units. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The key judgments, estimates and assumptions used in the discounted cash flow calculations are generally as follows: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Cash flows are based on our <span style="white-space:nowrap">ten-year</span> plan as approved by key management. The plan is prepared per cash-generating unit and is based on external sources in respect of macro-economic assumptions, industry, inflation and foreign exchange rates, past experience and identified initiatives in terms of market share, revenue, variable and fixed cost, capital expenditure and working capital assumptions; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In order to calculate the terminal value, the company extrapolated the cash flows after the first <span style="white-space:nowrap">ten-year</span> period using expected annual long-term GDP growth rates based on external sources or applied a market multiple after the first 5 years of the plan set at 10.8x. The company considered sensitivities on these metrics and corroborated the calculations by market multiples; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%">&#160;</td>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Projections are discounted at the unit&#8217;s weighted average cost of capital (&#8220;<span style="font-weight:bold">WACC</span>&#8221;), considering sensitivities on this metric; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:1%">&#160;</td>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Cost to sell is assumed to reach 2% of the entity value based on historical precedents. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the main cash generating units, the terminal growth rate applied generally ranged between 2% and 3%. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the cash generating units subject to a discounted cash flow approach, the WACC applied in US dollar nominal terms were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2024</span></td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Colombia</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South Africa</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11</td>
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<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2025</span></td>
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<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2024</span></td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Rest of Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">United States</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7</td>
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</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During its valuation, the company ran sensitivity analysis for key assumptions including the weighted average cost of capital and the terminal growth rate. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the sensitivity analysis performed by management during the annual impairment testing in 2025, an adverse change of 1% in WACC or terminal growth rate would not cause a cash-generating unit&#8217;s carrying amount to exceed its recoverable amount. While a change in the estimates used could have a material impact on the calculation of the fair values and trigger an impairment charge, based on the sensitivity analysis performed, we are not aware of any reasonably possible change in a key assumption used that would cause a cash generating unit&#8217;s carrying amount to exceed its recoverable amount. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although we believe that our judgments, assumptions and estimates are appropriate, actual results may differ from these estimates under different assumptions or market or macro-economic conditions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Impairment testing of intangible assets with an indefinite useful life is based on the same methodology and assumptions as described above.<span style="font-weight:bold"> </span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For additional information on tangible assets, goodwill, intangible assets, and impairments, see notes 8, 13, 14 and 15 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Pension and Other Post-Retirement Benefits </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We sponsor various post-employment benefit plans worldwide. These include pension plans, both defined contribution plans and defined benefit plans, and other post-employment benefits. Usually, pension plans are funded by payments made both by us and our employees, taking into account the recommendations of independent actuaries. We maintain funded and unfunded plans. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Defined Contribution Plans </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Contributions to these plans are recognized as expenses in the period in which they are incurred. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Defined Benefit Plans </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For defined benefit plans, liabilities and expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method takes into account each period of service as giving rise to an additional unit of benefit to measure each unit separately. Under this method, the cost of providing pensions is charged to the income statement during the period of service of the employee. The amounts charged to the income statement consist of current service cost, net interest cost/(income), past service costs and the effect of any settlements and curtailments. Past service costs are recognized at the earlier of when the amendment/curtailment occurs or when we recognize related restructuring or termination costs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The net defined benefit plan liability recognized in the statement of financial position is measured as the current value of the estimated future cash outflows using a discount rate equivalent to high-quality corporate bond yields with maturity terms similar to those of the obligation, less the fair value of any plan assets. Where the calculated amount of a defined benefit plan liability is negative (an asset), we recognize such asset to the extent that economic benefits are available to us either from refunds or reductions in future contributions. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-75- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Assumptions used to value defined benefit liabilities are based on actual historical experience, plan demographics, external data regarding compensation and economic trends. While we believe that our assumptions are appropriate, significant differences in our actual experience or significant changes in our assumptions may materially affect our pension obligation and our future expense. Remeasurements, comprising actuarial gains and losses, the effect of asset ceilings (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. For further information on how changes in these assumptions could change the amounts recognized, see the sensitivity analysis within note 23 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A significant portion of our plan assets is invested in equity and debt securities. The equity and debt markets have experienced volatility in the recent past, which has affected the value of our pension plan assets. This volatility may impact the long-term rate of return on plan assets. Actual asset returns that differ from the interest income recognized in our income statement are fully recognized in other comprehensive income. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other Post-Employment Obligations </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and our subsidiaries provide health care benefits and other benefits to certain retirees. The expected costs of these benefits are recognized over the period of employment, using an accounting methodology similar to that used for defined benefit plans. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Share-Based Compensation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have various types of equity-settled share-based compensation schemes for employees. Employee services received, and the corresponding increase in equity, are measured by reference to the fair value of the equity instruments as of the date of grant. Fair value of stock options is estimated by using the binomial Hull model on the date of grant based on certain assumptions. No stock options were granted in 2024 and 2025. <span style="font-style:italic">See</span> note 24 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Contingencies </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preparation of our financial statements requires management to make estimates and assumptions regarding contingencies which affect the valuation of assets and liabilities at the date of the financial statements and the revenue and expenses during the reported period. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We disclose material contingent liabilities unless the possibility of any loss arising is considered remote, and material contingent assets where the inflow of economic benefits is probable. We discuss our material contingencies in note 29 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under IFRS, we record a provision for a loss contingency when it is probable that a future event will confirm that a liability has been incurred at the date of the financial statements, and the amount of the loss can be reasonably estimated. By their nature, contingencies will only be resolved when one or more future events occur or fail to occur, and typically those events will occur over a number of years in the future. The valuations of the provisions are adjusted as further information becomes available. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As discussed in &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8221; and in note 29 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024 and for the three years ended 31&#160;December 2025, legal proceedings covering a wide range of matters are pending or threatened in various jurisdictions against us. We record provisions for pending litigation when we determine that an unfavorable outcome is probable and the amount of loss can be reasonably estimated. Due to the inherent uncertain nature of litigation, the ultimate outcome or actual cost of settlement may materially vary from estimates. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-76- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Deferred and Current Income Taxes </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We recognize deferred tax effects of tax loss carry-forwards and temporary differences between the financial statement carrying amounts and the tax basis of our assets and liabilities. We estimate our income taxes based on regulations in the various jurisdictions where we conduct business. This requires us to estimate our actual current tax exposure and to assess temporary differences that result from different treatment of certain items for tax and accounting purposes. These differences result in deferred tax assets and liabilities, which we record on our consolidated balance sheet. We regularly review the deferred tax assets for recoverability and will only recognize these if we believe that it is probable that there will be sufficient taxable profit against any temporary differences that can be utilized, based on historical taxable income, projected future taxable income, and the expected timing of the reversals of existing temporary differences. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The carrying amount of a deferred tax asset is reviewed at each balance sheet date. We reduce the carrying amount of a deferred tax asset to the extent that it is no longer probable that sufficient taxable profit will be available to allow the benefit of part or all of that deferred tax asset to be utilized. Any such reduction is reversed to the extent that it becomes probable that sufficient taxable profit will be available. If the final outcome of these matters differs from the amounts initially recorded, differences may positively or negatively impact the income tax and deferred tax provisions in the period in which such determination is made. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to income tax in numerous jurisdictions. Significant judgment is required in determining the worldwide provision for income tax. There are some transactions and calculations for which the ultimate tax determination is uncertain. Some of our subsidiaries are involved in tax audits and local enquiries, usually in relation to prior years. Investigations and negotiations with local tax authorities are ongoing in various jurisdictions at the balance sheet date and, by their nature, these can take considerable time to conclude. In assessing the amount of any income tax provisions to be recognized in the financial statements, estimation is made of the expected successful settlement of these matters. Estimates of interest and penalties on tax liabilities are also recorded. As required by IFRIC 23, we assess each material tax position. When we assess that it is probable that the tax authorities will accept the tax treatments adopted, income taxes are calculated and reported consistently with the tax treatment used. We disclose the potential effect of material uncertainties as a <span style="white-space:nowrap">tax-related</span> contingency in note 29 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024 and for the three years ended 31&#160;December 2025. When we conclude that it is not probable that a particular tax treatment will be accepted, we generally use the most likely amount of the tax treatment when determining the tax provision to be recorded. Where the final outcome of these matters is different from the amounts that were initially recorded, such differences will impact the current and deferred income tax assets and liabilities in the period such determination is made. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Accounting for Derivatives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our risk management strategy includes the use of derivatives. The main derivative instruments we use are foreign exchange forwards, currency options, currency futures, interest rate swaps, cross currency interest rate swaps, commodity swaps, commodity futures and equity swaps. Our policy prohibits the use of derivatives in the context of speculative trading. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Derivative financial instruments are recognized initially at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Subsequent to initial recognition, derivative financial instruments are remeasured to fair value at the balance sheet date. For derivative financial instruments that qualify for hedge accounting, we apply the following policy: for fair value hedges, changes in fair value are recorded in the income statement and for cash flow and net investment hedges, changes in fair value are recognized in the other comprehensive income and/or in the income statement for the effective and/or ineffective portion of the hedge relationship, respectively. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The estimated fair value amounts have been determined by us using available market information and appropriate valuation methodologies. However, considerable judgment is necessarily required in interpreting market data to develop the estimates of fair value. The fair values of financial instruments that are not traded in an active market (for example, unlisted equities, currency options, embedded derivatives and <span style="white-space:nowrap"><span style="white-space:nowrap">over-the-counter</span></span> derivatives) are determined using valuation techniques. We use judgment to select an appropriate valuation methodology and underlying assumptions based principally on existing market conditions. Changes in these assumptions may cause us to recognize impairments or losses in future periods. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-77- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although our intention is to maintain these instruments through maturity, they may be realized at our discretion. Should these instruments be settled only on their respective maturity dates, any effect between the market value and estimated yield curve of the instruments would be eliminated. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_26"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">BUSINESS SEGMENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Both from an accounting and managerial perspective, we are organized according to business segments, which, with the exception of Global Export and Holding Companies, correspond to a combination of geographic regions in which our operations are based. The Global Export and Holding Companies segment includes our headquarters, some <span style="white-space:nowrap">non-beverage</span> related businesses, and the countries in which our products are sold only on an export basis and in which we generally do not otherwise have any operations or production activities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The financial performance of each business segment, including its sales volume and revenue, is measured based on our product sales within the countries that comprise that business segment rather than based on products manufactured within that business segment but sold elsewhere. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025 North America accounted for 14.7% of our consolidated volumes, Middle Americas for 26.8%; South America for 27.7%; EMEA for 16.6%; Asia Pacific for 14.1%; and Global Export and Holding Companies for 0.1%. A substantial portion of our operations is carried out through our four largest subsidiaries: Anheuser-Busch Companies (wholly owned); Ambev (61.73% owned as of 31&#160;December 2025); Grupo Modelo (wholly owned); Budweiser APAC (87.22% owned as of 31&#160;December 2025); and their respective subsidiaries. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Throughout the world, we are primarily active in the beer business. However, during 2025, we also had <span style="white-space:nowrap">non-beer</span> activities (primarily consisting of soft drinks, spirits-based beverages and energy drinks) within South America, particularly in Brazil, Argentina and Bolivia, within Middle Americas, particularly in Honduras, El Salvador, Colombia and Peru, and within North America, particularly in the United States. Both the beer and <span style="white-space:nowrap">non-beer</span> volumes comprise not only brands that we own or license, but also third-party brands that we brew and sell, and third-party products that we sell through our distribution network. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_27"><span style="font-weight:bold">D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EQUITY INVESTMENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See note 16 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for more information. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_28"><span style="font-weight:bold">E.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">RESULTS OF OPERATIONS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024 </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below presents our condensed consolidated results of operations for the years ended 31&#160;December 2025 and 2024. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:60%"/>

<td style="vertical-align:bottom;width:8%"/>
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<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
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<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million, except volumes) </span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Volumes (thousand hectoliters)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">561,100</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">575,706</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2.5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Revenue</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,320</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,768</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cost of sales</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(26,141</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(26,744</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gross profit</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">33,179</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">33,024</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Selling, General and Administrative expenses</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(18,133</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(18,341</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other operating income/(expenses)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">808</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">779</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-78- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million, except volumes) </span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional items</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(449</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit of the period</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,477</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,416</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit from operations</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,405</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,487</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Normalized EBITDA(2)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21,223</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20,958</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Normalized EBITDA is a <span style="white-space:nowrap">non-IFRS</span> measure. For a discussion of how we use Normalized EBITDA, and its limitations, and a table showing the calculation of our Normalized EBITDA, for the periods shown, see &#8220;&#8212;Normalized EBITDA&#8221; below. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Volumes </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our reported volumes include both beer and <span style="white-space:nowrap">non-beer</span> (primarily carbonated soft drinks, spirits-based beverages and energy drinks) volumes. In addition, volumes include not only brands that we own or license, but also third-party brands that we brew and sell, and third-party products that we sell through our distribution network, particularly in Europe and Middle Americas. Volumes sold by the Global Export business, which comprises our global headquarters and export operations not allocated to any region, are presented separately. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below summarizes the volume evolution by business segment. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:61%"/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,734</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">86,272</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4.1</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">150,490</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">150,086</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">155,171</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">160,768</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">93,323</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">93,804</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">78,999</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">84,397</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6.4</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">383</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">380</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">561,100</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">575,706</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(2.5</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our consolidated volumes for the year ended 31&#160;December 2025 decreased by 14.6&#160;million hectoliters, or 2.5%, to 561.1&#160;million hectoliters compared to our consolidated volumes for the year ended 31&#160;December 2024, as a result of our performance mainly in Asia Pacific, South America and North America. The results for the year ended 31&#160;December 2025 reflect the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding volume changes attributable to the 2024 and 2025 acquisitions and disposals, our volumes decreased 2.3% in the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. On the same basis, our beer volumes decreased 2.6% and our <span style="white-space:nowrap">non-beer</span> volumes decreased 0.4%, as demand in some of our key markets was impacted by a constrained consumer environment and unseasonable weather. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-79- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">North America </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, our volumes in <span style="font-weight:bold">North America</span> decreased by 3.5&#160;million hectoliters, or 4.1%, compared to the year ended 31&#160;December 2024. Excluding volume changes attributable to discontinued distribution rights in the United States, our total volumes decreased by 3.0% in the year ended 31&#160;December 2025, compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the <span style="font-weight:bold">United States</span>, our <span style="white-space:nowrap"><span style="white-space:nowrap">sales-to-retailers</span></span> (&#8220;<span style="font-weight:bold">STRs</span>&#8221;) declined by 3.2%, estimated to have outperformed the industry, and our <span style="white-space:nowrap"><span style="white-space:nowrap">sales-to-wholesalers</span></span> (&#8220;<span style="font-weight:bold">STWs</span>&#8221;) declined by 3.2%. Our market share momentum continued in 2025, with share gains in beer and the spirits-based <span style="white-space:nowrap"><span style="white-space:nowrap">ready-to-drink</span></span> category, according to Circana. Our beer performance was led by Michelob Ultra, the leading brand by volume in the industry and the #1 volume share gainer, and Busch Light, which continued to be the #2 volume share gainer in the industry according to Circana. In Beyond Beer, our portfolio momentum accelerated, led by Cutwater which was the #1 share gaining brand in the total spirits industry in the fourth quarter of 2025 according to Circana. We strengthened our leadership position in <span style="white-space:nowrap">no-alcohol</span> beer, with our portfolio gaining share. We are leading the industry in innovation, with Michelob Ultra Zero and Busch Light Apple the top two innovations in beer in 2025. Consistent execution, market share gains, and productivity initiatives enabled us to offset a soft industry. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Canada</span>, our volumes declined by <span style="white-space:nowrap">low-single</span> digits, estimated to have outperformed the industry in both beer and Beyond Beer. Our beer performance was led by Busch and Michelob Ultra which were the top two share gainers in the industry in 2025 according to Beer Canada. Beyond Beer growth was led by Cutwater and Mike&#8217;s Hard Lemonade which were both in the top five share gainers in the category according to our estimates. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Middle Americas </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, our volumes in <span style="font-weight:bold">Middle Americas</span> increased by 0.4&#160;million hectoliters, or 0.3%, compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Mexico</span>, our volumes were flat in 2025, outperforming the industry according to our estimates. Our business continued to gain share of the industry in 2025 with our performance led by our above core beer portfolio. We gained share of <span style="white-space:nowrap">no-alcohol</span> beer and, as of the third quarter of 2025, are the industry leader according to Cerveceros de Mexico, with Corona Cero growing volume by strong double-digits. We continue to progress our digital initiatives, with BEES Marketplace growing GMV by 29% compared to 2024 and our digital DTC platform, TaDa Delivery, fulfilling 4.2&#160;million orders, a 3% increase compared to 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Colombia</span>, our volumes increased by <span style="white-space:nowrap">low-single</span> digits, estimated to be <span style="white-space:nowrap">in-line</span> with the industry. Driven by the consistent execution of our category expansion levers, the beer industry continued to grow in 2025 with our volumes reaching a new record high. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Peru</span>, our volumes increased by <span style="white-space:nowrap">low-single</span> digits, with our performance led by our above core beer portfolio, which grew volume by <span style="white-space:nowrap">low-teens.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Ecuador</span>, our volumes increased by <span style="white-space:nowrap">low-single</span> digits. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">South America </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, our volumes in <span style="font-weight:bold">South America</span> decreased by 5.6&#160;million hectoliters, or 3.5%, compared to the year ended 31&#160;December 2024, with our beer volumes decreasing 3.8% and our <span style="white-space:nowrap">non-beer</span> volumes decreasing 2.6%. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-80- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Brazil</span>, our volumes declined by 4.1%, with beer volumes down by 4.6% and <span style="white-space:nowrap">non-beer</span> volumes down by 2.9%. Beer volumes are estimated to be in line with the industry which was impacted by unseasonable weather and a soft consumer environment. Our premium and super premium beer brands led our performance in 2025, delivering high-teens volume growth and estimated to have gained market share to now lead the premium segment, according to Nielsen. Our mainstream volume trend improved sequentially in the fourth quarter of 2025 as weather conditions normalized, estimated to have gained share of the segment in the quarter. Our portfolio of balanced choices drove incremental growth with volumes of our <span style="white-space:nowrap">no-alcohol</span> beer brands increasing by 30% in 2025. In <span style="white-space:nowrap">non-beer,</span> our <span style="white-space:nowrap">low-</span> and <span style="white-space:nowrap">no-sugar</span> portfolio continued to outperform, delivering <span style="white-space:nowrap">mid-twenties</span> volume growth. We continue to progress our digital initiatives, with BEES Marketplace growing GMV by 78% compared to 2024, and our digital DTC platform, Z&#233; Delivery, generating approximately 67&#160;million orders. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Argentina</span>, our volumes declined by <span style="white-space:nowrap">mid-single</span> digits, estimated to have underperformed the industry as overall consumer demand continued to be impacted by inflationary pressures. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">EMEA </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, our volumes in <span style="font-weight:bold">EMEA </span>decreased by 0.5&#160;million hectoliters, or 0.5%, compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Europe</span>, our volumes declined by <span style="white-space:nowrap">low-single</span> digits, estimated to have gained market share in 5 of our 6 key markets. The beer category was estimated to have gained share of alcohol beverages across our key markets in 2025. We continued to premiumize our portfolio and increase our overall brand power. Our performance in 2025 was driven by our megabrands, led by Corona, which delivered <span style="white-space:nowrap">mid-single</span> digit volume growth, and Stella Artois. We successfully completed the integration of San Miguel into our UK portfolio, becoming the leading brewer in the UK according to Nielsen. Led by Corona Cero, the momentum of our <span style="white-space:nowrap">no-alcohol</span> beer portfolio continued, delivering <span style="white-space:nowrap">mid-twenties</span> volume growth and gaining share in key markets such as the Netherlands, France and Italy. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">South Africa</span>, our volumes grew by <span style="white-space:nowrap">low-single</span> digits, estimated to have outperformed the industry in both beer and Beyond Beer. Both the beer and Beyond Beer categories continued to grow and gain share of alcohol beverages this year according to our estimates. The momentum of our business continued, with focused investments in our megabrands increasing the brand power of our portfolio. Our performance was led by our premium and super premium beer brands, which grew volumes by high-single digits. In Beyond Beer, our portfolio grew volumes by high-single digits led by Flying Fish and our spirits-based RTD innovations. </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">Nigeria</span>, our beer volumes declined by <span style="white-space:nowrap">mid-teens</span> in 2025, impacted by a soft industry. In our <span style="font-weight:bold">other markets in Africa</span>, volumes grew by <span style="white-space:nowrap">low-single</span> digits in 2025. Performance was led by growth in Mozambique, Tanzania and Uganda, with our businesses in Mozambique and Zambia reaching their highest market share in the last five years. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Asia Pacific </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the year ended 31&#160;December 2025, our volumes decreased by 5.4&#160;million hectoliters, or 6.4%, compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In <span style="font-weight:bold">China</span>, our volumes declined by 8.6%. The beer industry showed signs of stabilization in 2025 with volumes estimated to have declined by <span style="white-space:nowrap">low-single</span> digits. In 2025, our results in China were below our potential as we adjusted inventory levels to better reflect the channel and geographic shifts in the industry and worked towards better positioning our business to participate in the growth areas. In the fourth quarter of 2025, we estimate our market share trend improved to be flat compared to the fourth quarter of 2024, driven by improvements in Budweiser brand power and <span style="white-space:nowrap">in-home</span> channel performance. As we move forward, we are focused on rebuilding momentum and reigniting growth. To achieve this, we will continue to invest in our portfolio, innovation and mega platform activations, enhancing our route to market in the <span style="white-space:nowrap">in-home</span> channel, and expanding our footprint through targeted geographic expansion. 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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-81- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Global Export and Holding Companies </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the year ended 31&#160;December 2025, Global Export and Holding Companies volumes remained flat compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Revenue </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Revenue refers to turnover less excise taxes and discounts. See &#8220;&#8212;A. Key Factors Affecting Results of Operations&#8212;Excise Taxes.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in revenue across our business segments for the year ended 31&#160;December 2025 as compared to our revenue for the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:60%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,207</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,655</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.1</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,376</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,072</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,954</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,423</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,502</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,003</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,693</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,196</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(8.1</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">588</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">418</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">40.7</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,320</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,768</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(0.8</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our consolidated revenue was USD 59,320&#160;million for the year ended 31&#160;December 2025. This represented a decrease of USD 448&#160;million, or 0.8%, compared to our consolidated revenue for the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The results for the year ended 31&#160;December 2025 reflect (i)&#160;the hyperinflation impact in Argentina (i.e. year over year price growth in Argentina beyond a maximum of 2% per month (the &#8220;<span style="font-weight:bold">Hyperinflationary Price Cap</span>&#8221;)<sup style="font-size:75%; vertical-align:top">1</sup>), as well as the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals and (ii)&#160;currency translation effects. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, and the 2024 and 2025 acquisitions and disposals had a negative impact of USD 290&#160;million on our consolidated revenue for the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our consolidated revenue for the year ended 31&#160;December 2025 also reflects a negative currency translation impact of USD 1,336&#160;million mainly arising from currency translation effects in South America and Middle Americas. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding the impact from the year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals and currency translation effects, our revenue increased by 2.0% and by 4.4% on a per hectoliter basis in the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024, as a result of disciplined revenue management choices and ongoing premiumization. This increase </p><div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><sup style="font-size:75%; vertical-align:top">1</sup>&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Cumulative inflation over 100% (2% per month compounded) over three years is one of the key indicators within IAS 29 to assess whether an economy is deemed to be hyperinflationary. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-82- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
was most significant in South America, Middle Americas and EMEA. Our consolidated revenue grew in 65% of our markets. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cost of Sales </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in cost of sales across our business segments for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:62%"/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,863</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,236</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,151</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,242</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5,888</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,073</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,832</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,678</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.3</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,741</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,970</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.7</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(667</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(546</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(22.2</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(26,141</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(26,744</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">2.3</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, and changes in classification of commodity related cost of hedging to cost of sales had a positive impact of USD 38&#160;million on our consolidated cost of sales for the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our consolidated cost of sales for the year ended 31&#160;December 2025 also reflects a positive currency translation impact of USD 619&#160;million mainly arising from currency translation effects in South America and Middle Americas. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding the impact from the year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, changes in classification of commodity related cost of hedging to cost of sales and currency translation effects, our consolidated cost of sales increased by USD 54&#160;million or 0.2%. On the same basis, our consolidated cost of sales increased by 2.6% on a per hectoliter basis, driven by foreign exchange and commodities headwinds. This increase was most significant in South America and EMEA. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Operating Expenses </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The discussion below relates to our operating expenses, which equal the sum of our distribution, sales and marketing expenses, administrative expenses and other operating income and expenses (net), for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024. Our operating expenses do not include exceptional charges, which are reported separately. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-83- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our operating expenses for the year ended 31&#160;December 2025 were USD 17,325&#160;million, representing a decrease of USD 237&#160;million, or 1.3%, compared to our operating expenses for the year ended 31&#160;December 2024. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:61%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Selling, General and Administrative Expenses</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(18,133</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(18,341</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other Operating Income/(Expenses)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">808</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">779</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total Operating Expenses</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(17,325</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(17,562</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">1.3</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Selling, General and Administrative Expenses </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in our distribution expenses, sales and marketing expenses and administrative expenses (our &#8220;<span style="font-weight:bold">selling, general and administrative expenses</span>&#8221;) across our business segments for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:60%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,407</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,358</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.1</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,904</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,976</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,555</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,779</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,886</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,701</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6.8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,944</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,059</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.6</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,438</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,468</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(18,133</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(18,341</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">1.1</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our consolidated selling, general and administrative expenses were USD 18,133&#160;million for the year ended 31&#160;December 2025. This represented a decrease of USD 208&#160;million, or 1.1%, as compared to the year ended 31&#160;December 2024. The results for the year ended 31&#160;December 2025 reflect (i)&#160;the hyperinflation impact in Argentina (i.e. year over year price growth in Argentina beyond the Hyperinflationary Price Cap), as well as the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals and (ii)&#160;currency translation effects. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, and the 2024 and 2025 acquisitions and disposals had a negative impact of USD 42&#160;million on our consolidated selling, general and administrative expenses for the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our consolidated selling, general and administrative expenses for the year ended 31&#160;December 2025 also reflect a positive currency translation impact of USD 383&#160;million mainly arising from currency translation effects in South America and Middle Americas. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-84- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding the impact from the year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals and currency translation effects, our consolidated selling, general and administrative expenses increased by 0.7%, as we increased our sales and marketing investments. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other operating income/(expense) </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in other operating income and expenses across our business segments for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:62%"/>

<td style="vertical-align:bottom;width:9%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:9%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">38</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">34</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(38.2</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">426</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">452</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5.8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">234</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">177</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">32.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">86</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">116</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(25.9</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">808</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">779</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">3.8</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The net positive effect of our consolidated other operating income and expenses for the year ended 31&#160;December 2025 was USD 808&#160;million. This represented an increase of USD 29&#160;million, or 3.8%, as compared to the year ended 31&#160;December 2024. The results for the year ended 31&#160;December 2025 reflect (i)&#160;the hyperinflation impact in Argentina (i.e. year over year price growth in Argentina beyond the Hyperinflationary Price Cap), the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals, as well as the Brazilian tax credits, and (ii)&#160;currency translation effects. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, and the Brazilian tax credits, had a negative impact of USD 34&#160;million on our net consolidated other operating income and expenses for the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our net consolidated other operating income and expenses for the year ended 31&#160;December 2025 also reflect a negative currency translation impact of USD 13&#160;million mainly arising from currency translation effects in South America. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding the impact from the year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, the Brazilian tax credits and currency translation effects, our net consolidated other operating income and expenses increased by 10.6% driven by <span style="white-space:nowrap">one-time</span> gains. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Exceptional Items </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Exceptional items are items which, in our management&#8217;s judgment, need to be disclosed separately by virtue of their size and incidence in order to obtain a proper understanding of our financial information. We consider these items to be significant in nature. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-85- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the year ended 31&#160;December 2025, exceptional items included in profit from operations mainly consisted of restructuring charges, business and asset disposal (including impairment losses) and claims and legal costs. Exceptional items were as follows for the years ended 31&#160;December 2025 and 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:65%"/>

<td style="vertical-align:bottom;width:13%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restructuring</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(116</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(156</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Business and asset disposal (including impairment losses)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(274</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">181</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Claims and legal costs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(53</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Acquisition-related costs (business combinations)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(449</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">25</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-86- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Acquisition-related costs (business combinations) </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We recorded exceptional acquisition-related costs of USD 5&#160;million for the year ended 31&#160;December 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Profit from Operations </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in profit from operations across our business segments for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:61%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td rowspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,747</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,350</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(13.8</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,382</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,808</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8.4</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,909</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,011</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3.4</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,765</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14.5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,011</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,222</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(17.2</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,666</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,671</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,405</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,487</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(0.5</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our profit from operations amounted to USD 15,405&#160;million for the year ended 31&#160;December 2025. This represented a decrease of USD 82&#160;million, or 0.5%, as compared to our profit from operations for the year ended 31&#160;December 2024. The results for the year ended 31&#160;December 2025 reflect (i)&#160;the hyperinflation impact in Argentina (i.e. year over year price growth in Argentina beyond the Hyperinflationary Price Cap), the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals, as well as changes in classification of commodity related cost of hedging to cost of sales, and the Brazilian tax credits, (ii)&#160;currency translation effects and (iii)&#160;the effects of certain exceptional items as described above. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, changes in classification of commodity related cost of hedging to cost of sales, and the Brazilian tax credits negatively impacted our consolidated profit from operations by USD 319&#160;million for the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our consolidated profit from operations for the year ended 31&#160;December 2025 also reflects a negative currency translation impact of USD 337&#160;million. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-87- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Net Finance Income/(Expense) </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our net finance income/(expense) items were as follows for the year ended 31&#160;December 2025 and 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December<br/>2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(%)</span><span style="font-weight:bold"></span><span style="font-style:italic"><sup style="font-size:75%; vertical-align:top">(1)</sup></span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net interest expense</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,566</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,704</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Accretion expense and interest on pensions</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(821</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(811</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1.3</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other financial results</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(893</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(843</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5.9</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Net finance expense before exceptional finance results</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(4,280</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(4,358</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">1.8</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="white-space:nowrap"><span style="white-space:nowrap">Mark-to-market</span></span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(213</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,211</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gain/(loss) on bond redemption and other</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">216</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Exceptional net finance income/(expense)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(185</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(995</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Net finance income/(expense)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(4,465</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(5,353</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">16.6</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The percentage change reflects the improvement (or worsening) of results for the period as a result of the change in each item. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our net finance expense for the year ended 31&#160;December 2025 was USD 4,465&#160;million, as compared to a net finance expense of USD 5,353&#160;million for the year ended 31&#160;December 2024, representing an expense reduction of USD 888&#160;million. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The net finance expense before exceptional financial results decreased from USD 4,358&#160;million for the year ended 31&#160;December 2024 to USD 4,280&#160;million for the year ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Exceptional net finance expense for the year ended 31&#160;December 2025 includes a negative <span style="white-space:nowrap"><span style="white-space:nowrap">mark-to-market</span></span> adjustment of USD 213&#160;million on derivative instruments related to the hedging of our share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB, compared to a negative <span style="white-space:nowrap"><span style="white-space:nowrap">mark-to-market</span></span> adjustment of USD 1,211&#160;million for the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Other exceptional net finance expense for the year ended 31&#160;December 2025 includes a gain of USD 28&#160;million related to the completion of tender offers of notes issued by the company and certain of its subsidiaries as compared to a gain of USD 263&#160;million for the year ended 31&#160;December 2024. Other exceptional net finance expense for the year ended 31&#160;December 2024 included a loss of USD 66&#160;million resulting from the impairment of financial investments. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The number of shares covered by the derivative instruments, together with the opening and closing share prices, are shown below: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:64%"/>

<td style="vertical-align:bottom;width:13%"/>
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<td style="vertical-align:bottom;width:13%"/>
<td/>
<td/>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share price at the start of the twelve-month period <span style="font-style:italic">(in euro)</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">48.25</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">58.42</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share price at the end of the twelve-month period <span style="font-style:italic">(in euro)</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">54.90</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">48.25</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Number of derivative equity instruments at the end of the period <span style="font-style:italic">(in millions)</span></p></td>
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<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-88- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Share of Results of Associates </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our share of results of associates for the year ended 31&#160;December 2025 was USD 378&#160;million as compared to USD 329&#160;million for the year ended 31&#160;December 2024. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Exceptional Share of Results of Associates </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our exceptional share of results of associates for the year ended 31&#160;December 2025 was USD 9&#160;million income from our associate Anadolu Efes, as compared to USD 104&#160;million income for the year ended 31&#160;December 2024 from our associate Anadolu Efes&#8217; adoption of IAS 29 hyperinflation accounting on their 2023 results. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Income Tax Expense </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our total income tax expense for the year ended 31&#160;December 2025 was USD 2,850&#160;million, with an effective tax rate of 26.1%, as compared to an income tax expense of USD 3,152&#160;million and an effective tax rate of 31.1% for the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effective tax rates for the years ended 31&#160;December 2025 and 2024 were negatively impacted by <span style="white-space:nowrap">non-deductible</span> losses from derivatives related to the hedging of our share-based payment programs and hedging of the shares issued in a transaction related to the combinations with Grupo Modelo and SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effective tax rate for the year ended 31&#160;December 2025 included USD 156&#160;million exceptional tax income, reflecting mainly USD 66&#160;million exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the income tax on exceptional items. The effective tax rate for the year ended 31&#160;December 2024 included a USD 205&#160;million exceptional tax expense, reflecting mainly the net impact of USD 240&#160;million (ZAR 4.5 billion) relating to the resolution of certain South African tax matters, the income tax on exceptional items and the release of tax provisions. See &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;The South African Breweries (Pty.) Ltd.&#8221; for additional information. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Profit of the Period </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Profit of the period for the year ended 31&#160;December 2025 was USD 8,477&#160;million compared to USD 7,416&#160;million for the year ended 31&#160;December 2024. The increase in profit of the period for the year ended 31&#160;December 2025 was primarily due to lower net finance expense and lower income tax expense compared to the year ended 31&#160;December 2024. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:66%"/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit attributable to <span style="white-space:nowrap">non-controlling</span> interests</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,640</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,561</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit attributable to equity holders of AB InBev</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,837</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,855</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Profit of the period</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">8,477</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">7,416</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-89- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Profit Attributable to <span style="white-space:nowrap">Non-Controlling</span> Interests </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Profit attributable to <span style="white-space:nowrap">non-controlling</span> interests was USD 1,640&#160;million for the year ended 31&#160;December 2025, an increase of USD 79&#160;million from USD 1,561&#160;million for the year ended 31&#160;December 2024. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Profit Attributable to Our Equity Holders </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Profit attributable to our equity holders for the year ended 31&#160;December 2025 was USD 6,837&#160;million compared to USD 5,855&#160;million for the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Basic earnings per share of USD 3.45 for the year ended 31&#160;December 2025 is based on 1,984&#160;million shares outstanding, representing the weighted average number of ordinary and restricted shares outstanding during this period, where weighted average number of ordinary and restricted shares means, for any period, the number of shares outstanding at the beginning of the period, adjusted by the number of shares canceled, repurchased or issued during the period, including stock lending, multiplied by a time-weighting factor. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The increase in profit attributable to our equity holders for the year ended 31&#160;December 2025 was primarily due to lower net finance expense and lower income tax expense in the year ended 31&#160;December 2025 compared to the year ended 31&#160;December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Underlying profit, attributable to equity holders of AB InBev for the year ended 31&#160;December 2025 was USD 7,410&#160;million. Underlying profit, attributable to equity holders of AB InBev is profit attributable to equity holders of AB InBev excluding the <span style="white-space:nowrap">after-tax</span> exceptional items discussed above under &#8220;Exceptional Items&#8221;, &#8220;Net Finance Income/(Expense)&#8221; and &#8220;Exceptional Share of Results of Associates&#8221;, exceptional taxes and the impact of hyperinflation accounting. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Underlying EPS for the year ended 31&#160;December 2025 was USD 3.73. Underlying EPS is basic earnings per share excluding the <span style="white-space:nowrap">after-tax</span> exceptional items discussed above under &#8220;Exceptional Items&#8221;, &#8220;Net Finance Income/(Expense)&#8221; and &#8220;Exceptional Share of Results of Associates&#8221;, exceptional taxes and the impact of hyperinflation accounting. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:65%"/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:11%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Year ended</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">31&#160;December&#160;2024</p></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Profit attributable to equity holders of AB InBev</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">6,837</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">5,855</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional items, before taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">449</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(25</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional net finance expense, before taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">185</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">995</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional share of results of associates</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(104</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(156</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">205</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional <span style="white-space:nowrap">non-controlling</span> interest</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Hyperinflation impacts</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">74</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">145</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Underlying profit, attributable to equity holders of AB InBev</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">7,410</span></td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">7,061</span></td>
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<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
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<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-90- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Underlying profit, attributable to equity holders of AB InBev, however, has limitations as an analytical tool. It is not a recognized term under IFRS and does not purport to be an alternative to profit attributable to our equity holders as a measure of operating performance. As a result, you should not consider underlying profit, attributable to equity holders of AB InBev in isolation from, or as a substitute analysis for, our profit attributable to our equity holders. Some limitations of underlying profit, attributable to equity holders of AB InBev are: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
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<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Underlying profit, attributable to equity holders of AB InBev does not reflect items which are exceptional, and does not reflect items over which management has no control, such as the effects of hyperinflation in Argentina; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Underlying profit, attributable to equity holders of AB InBev may not be comparable to other similarly titled measures of other companies because not all companies use identical calculations; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The adjustments made in calculating underlying profit, attributable to equity holders of AB InBev are those that management consider are not representative of the underlying operations of the company and therefore are subjective in nature. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We compensate for these limitations, in addition to using underlying profit, attributable to equity holders of AB InBev, by relying on our measures of profit attributable to our equity holders calculated in accordance with IFRS. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:65%"/>

<td style="vertical-align:bottom;width:13%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"></span><span style="font-style:italic">(USD per share)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Basic earnings per share</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">3.45</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">2.92</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional items, before taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.23</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.01</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional net finance expense, before taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.09</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.50</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional share of results of associates</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.00</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.05</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional taxes</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.08</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.10</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional <span style="white-space:nowrap">non-controlling</span> interest</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.02</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(0.00</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Hyperinflation impacts</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.04</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.07</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Underlying EPS</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">3.73</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">3.53</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Underlying EPS does not reflect items which are exceptional, and does not reflect items over which management has no control, such as the effects of hyperinflation in Argentina; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-91- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Underlying EPS does not reflect the impact of discontinued operations (if any); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Underlying EPS may not be comparable to other similarly titled measures of other companies because not all companies use identical calculations; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">The adjustments made in calculating Underlying EPS are those that management consider are not representative of the underlying operations of the company and therefore are subjective in nature. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We compensate for these limitations, in addition to using Underlying EPS, by relying on our measures of earnings per share calculated in accordance with IFRS. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Normalized EBITDA </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects changes in our Normalized EBITDA, for the year ended 31&#160;December 2025 as compared to the year ended 31&#160;December 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:62%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold">Change</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit attributable to equity holders of AB InBev</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,837</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,855</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16.8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit attributable to <span style="white-space:nowrap">non-controlling</span> interests</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,640</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,561</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.1</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Profit of the period</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">8,477</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">7,416</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">14.3</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net finance expense</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,465</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,353</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16.6</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income tax expense</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,850</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,152</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9.6</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share of results of associates</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(378</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(329</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional share of results of associates</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(104</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Profit from operations</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,405</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,487</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(0.5</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exceptional items</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">449</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(25</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Profit from operations, before exceptional items</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,854</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,462</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">2.5</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Depreciation, amortization and impairment</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,369</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,496</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.3</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Normalized EBITDA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">21,223</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">20,958</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">1.3</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-92- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe Normalized EBITDA, facilitates comparisons of our operating performance across our business segments from period to period. In comparison to profit of the year, Normalized EBITDA, excludes items which do not impact the <span style="white-space:nowrap"><span style="white-space:nowrap">day-to-day</span></span> operation of our primary business (that is, the selling of beer and other operational businesses) and over which management has little control. Items excluded from Normalized EBITDA are our share of results of associates and joint ventures, profit from discontinued operations (if any), exceptional items, depreciation and amortization, impairment, financial charges and corporate income taxes, which management does not consider to be items that drive our underlying business performance. Because Normalized EBITDA includes only items management can directly control or influence, it forms part of the basis for many of our performance targets. For example, certain options under our share-based compensation plan were granted such that they vest only when certain targets derived from Normalized EBITDA were met. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We further believe that Normalized EBITDA and measures derived from it, are frequently used by securities analysts, investors and other interested parties in their evaluation of us and in comparison to other companies, many of which present an EBITDA performance measure when reporting their results. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Profit from operations, before exceptional items and Normalized EBITDA do, however, have limitations as analytical tools. They are not a recognized term under IFRS and do not purport to be an alternative to profit as a measure of operating performance, or to cash flows from operating activities as a measure of liquidity. As a result, you should not consider profit from operations, before exceptional items or Normalized EBITDA in isolation from, or as a substitute analysis for, our results of operations. Some limitations of Profit from operations, before exceptional items and/or Normalized EBITDA are: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Profit from operations, before exceptional items and Normalized EBITDA do not reflect the impact of financing costs on our operating performance. Such costs are significant in light of our current level of outstanding debt; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Normalized EBITDA does not reflect depreciation and amortization, but the assets being depreciated and amortized will often have to be replaced in the future; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Normalized EBITDA does not reflect the impact of charges for existing capital assets or their replacements; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Profit from operations, before exceptional items and Normalized EBITDA do not reflect our tax expense; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Profit from operations, before exceptional items and Normalized EBITDA may not be comparable to other similarly titled measures of other companies because not all companies use identical calculations. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, profit from operations, before exceptional items and Normalized EBITDA are not intended to be measures of free cash flow for management&#8217;s discretionary use, as they are not adjusted for all <span style="white-space:nowrap">non-cash</span> income or expense items that are reflected in our consolidated statement of cash flows. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We compensate for these limitations, in addition to using profit from operations, before exceptional items and Normalized EBITDA by relying on our results calculated in accordance with IFRS. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Normalized EBITDA amounted to USD 21,223&#160;million for the year ended 31&#160;December 2025. This represented an increase of USD 265&#160;million, or 1.3%, as compared to our Normalized EBITDA for the year ended 31&#160;December 2024. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-93- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The results for the year ended 31&#160;December 2025 reflect (i)&#160;the hyperinflation impact in Argentina (i.e. year over year price growth in Argentina beyond the Hyperinflationary Price Cap), the performance of our business after the completion of the 2024 and 2025 acquisitions and disposals, as well as changes in classification of commodity related cost of hedging to cost of sales, and the Brazilian tax credits and (ii)&#160;currency translation effects, including the impact of hyperinflation accounting. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Excluding the impact from the year-over-year price growth in Argentina beyond the Hyperinflationary Price Cap, the 2024 and 2025 acquisitions and disposals, changes in classification of commodity related cost of hedging to cost of sales, the Brazilian tax credits and currency translation effects, our Normalized EBITDA increased by 4.9%, driven by disciplined revenue management choices and premiumization, as well as efficient overhead management. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Adoption of hyperinflation accounting in Argentina </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 1&#160;January 2018, we have applied hyperinflation accounting for our Argentine subsidiaries. IAS 29 requires us to restate the results of our operations in hyperinflationary economies for the year ended 31&#160;December for the change in the general purchasing power of the local currency, using official indices before converting the local amounts at the closing rate of the period, namely 31&#160;December 2025 closing rate for our results in the year ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The results for the year ended 31&#160;December 2025 were translated at the December 2025 closing rate of 1&#160;459.80 Argentine pesos per U.S. dollar. The results for the year ended 31&#160;December 2024 were translated at the December 2024 closing rate of 1,032.79 Argentine pesos per U.S. dollar. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the year ended 31&#160;December 2025, we reported USD 44&#160;million negative impact of hyperinflation accounting on our consolidated revenue, USD 35&#160;million negative impact on our Normalized EBITDA, USD 21&#160;million negative monetary adjustment reported in the finance line on the income statement, and USD 74&#160;million negative impact on the Profit attributable to our equity holders. In the year ended 31&#160;December 2024, we reported USD 187&#160;million positive impact of hyperinflation accounting on our consolidated revenue, USD 23&#160;million positive impact on our Normalized EBITDA, USD 78&#160;million negative monetary adjustment reported in the finance line on the income statement, and USD 144&#160;million negative impact on the Profit attributable to our equity holders. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Year Ended 31&#160;December 2024 Compared to the Year Ended 31&#160;December 2023 </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a discussion of our consolidated results of operations for the year ended 31&#160;December 2024 compared to the year ended 31&#160;December 2023, please see our Annual Report on Form <span style="white-space:nowrap">20-F</span> for the fiscal year ended 31&#160;December 2024. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_29"><span style="font-weight:bold">F.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">IMPACT OF CHANGES IN FOREIGN EXCHANGE RATES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Foreign exchange rates have a significant impact on our consolidated financial statements. The following table sets forth the percentage of our revenue realized by currency for the years ended 31&#160;December 2025 and 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:65%"/>

<td style="vertical-align:bottom;width:15%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:14%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year ended<br/>31&#160;December&#160;2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">U.S. dollar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24.9</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Brazilian real</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Mexican peso</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12.8</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chinese yuan</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.4</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Euro</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.9</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.8</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.6</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.2</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South African rand</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.7</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Peruvian sol</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.6</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.2</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Canadian dollar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Argentine peso<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dominican peso</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.2</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South Korean won</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.1</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Pound sterling</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.0</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9.5</td>
<td style="white-space:nowrap;vertical-align:bottom">%</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8.3</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Hyperinflation accounting was adopted in 2018 to report the company&#8217;s Argentine operations. See &#8220;Item 5. Operating and Financial Review&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024&#8212;Adoption of hyperinflation accounting in Argentina&#8221; for additional details. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-94- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a result of the fluctuation of foreign exchange rates for the years ended 31&#160;December 2025 and 2024: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">We recorded a negative translation impact, including hyperinflation accounting impact, of USD 1,336&#160;million on our revenue for the year ended 31&#160;December 2025 (as compared to a negative translation impact of USD 1,995&#160;million in 2024) and a negative translation impact, including hyperinflation accounting impact, of USD 337&#160;million on our profit from operations for the year ended 31&#160;December 2025 (as compared to a negative translation impact on our profit from operations of USD 399&#160;million in 2024). </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our reported profit of the year was negatively impacted by a USD 229&#160;million translation impact, including hyperinflation accounting impact, for the year ended 31&#160;December 2025 (as compared to a negative translation impact of USD 133&#160;million in 2024), while the negative translation impact, including hyperinflation accounting impact, on our basic earnings per share base for the year ended 31&#160;December 2025 was USD 197&#160;million, or USD 0.10 per share (as compared to a negative impact of USD 130&#160;million, or USD 0.07 per share in 2024). </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Our net debt increased by USD 2,845&#160;million in the year ended 31&#160;December 2025 as a result of translation impacts (as compared to a decrease of USD 242&#160;million in 2024). </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Equity attributable to our equity holders increased by USD 6,594&#160;million in the year ended 31&#160;December 2025 as a result of translation impacts (as compared to a decrease of USD 8&#160;490&#160;million in 2024). </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for details of the above sensitivity analyses, a fuller quantitative and qualitative discussion on the foreign currency risks to which we are subject and our policies with respect to managing those risks. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_30"><span style="font-weight:bold">G.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CONTRACTUAL OBLIGATIONS AND CONTINGENCIES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Contractual Obligations </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to &#8220;&#8212;H. Liquidity and Capital Resources&#8212;Funding Sources&#8212;Borrowings&#8221; for further information regarding our short-term borrowings and long-term debt. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, and in particular to the discussions therein on &#8220;Liquidity Risk&#8221;, for more information regarding the maturity of our contractual obligations, including interest payments and derivative financial assets and liabilities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Information regarding our pension commitments and funding arrangements is described in our Significant Accounting Policies and in note 23 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. The level of contributions to funded pension plans is determined according to the relevant legislation in each jurisdiction in which we operate. In some countries there are statutory minimum funding requirements while in others we have developed our own policies, sometimes in agreement with the local trustee bodies. The size and timing of contributions will usually depend upon the performance of investment markets. Depending on the country and plan in question, the funding level will be monitored periodically and the contribution amount amended appropriately. Consequently, it is not possible to predict with any certainty the amounts that might become payable from 2026 onwards. In 2025, our employer contributions to defined benefit and defined contribution pension plans amounted to USD 452&#160;million. Contributions to defined benefit pension plans for 2026 are estimated to be approximately USD 103&#160;million for our funded defined benefit plans, and USD 81&#160;million in benefit payments to our unfunded defined benefit plans and post- retirement medical plans. Please refer to note 23 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for further information on our employee benefit obligations. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-95- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Collateral and Contractual Commitments </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table reflects our collateral and contractual commitments for the acquisition of property, plant and equipment, other contractual commitments and other commitments, as of 31&#160;December 2025 and 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:78%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">&#8195;2025&#8195;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">&#8195;2024&#8195;</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Collateral given for own liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">292</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">240</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Contractual commitments to purchase property, plant and equipment</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">171</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">257</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other contractual commitments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,687</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">58</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other commitments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,816</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,684</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In order to fulfill our commitments under various outstanding share-based compensation plans, during the course of 2025, the company had stock lending arrangements in place for up to 26.7&#160;million shares, which were used to fulfill share-based compensation plan commitments. We will pay any dividend equivalent after tax in respect of such borrowed shares. This payment will be reported through equity as dividend. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Other contractual commitments mainly comprise sponsorship agreements and contractual commitments to acquire loans to associates and customers. During 2025, we entered into a <span style="white-space:nowrap">six-year</span> sponsorship agreement in men&#8217;s soccer for the UEFA Champions League, UEFA Europa League, and UEFA Conference League competitions. The company will be the exclusive beer sponsor for six seasons starting in 2027. The agreement is valued at approximately USD 0.2&#160;billion per season and will be recognized as an intangible asset in 2027. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As at 31&#160;December 2025, the following mergers and acquisitions (&#8220;<span style="font-weight:bold">M&amp;A</span>&#8221;) related commitments existed: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">As part of the 2012 shareholders agreement between our subsidiary Ambev and E. Le&#243;n Jimenes S.A. (&#8220;<span style="font-weight:bold">ELJ</span>&#8221;), following the acquisition of Cervecer&#237;a Nacional Dominicana S.A. (&#8220;<span style="font-weight:bold">CND</span>&#8221;), a put and call option is in place which may result in Ambev acquiring additional shares in CND. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately 12% of the shares of CND for a net consideration of USD 0.3&#160;billion. The closing of the transaction resulted in Ambev&#8217;s participation in CND increasing from 85% to 97%. ELJ currently holds 3% of CND and the put option is exercisable in 2026. As at 31&#160;December 2025, the put option on the remaining shares held by ELJ was valued at USD 210&#160;million (31&#160;December 2024: USD 195 million). </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">On 5&#160;December 2025, we announced entry into an agreement under which we will acquire 85% of Beatbox Beverages, a <span style="white-space:nowrap"><span style="white-space:nowrap">ready-to-drink</span></span> alcohol beverage business in the United States, for a purchase price of up to approximately USD 490&#160;million with a path to 100% ownership after five years based on a predetermined pricing formula. The transaction closed on 27&#160;February 2026. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">On 31&#160;December 2020, we disposed a 49.9% minority stake in our <span style="white-space:nowrap">US-based</span> metal container plants to Apollo. Under the agreement with Apollo, we had the right, but not the obligation, to reacquire the minority stake beginning on the fifth anniversary of the closing of the transaction at <span style="white-space:nowrap">pre-determined</span> financial terms. On 6&#160;January 2026, we announced we had exercised our right to reacquire the 49.9% minority stake. The transaction closed on 30&#160;January 2026 at a price of approximately USD 2.9&#160;billion. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-96- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to note 28 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for more information regarding collateral and contractual commitments for the acquisition of property, plant and equipment, other contractual commitments and other commitments. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Contingencies </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are subject to various contingencies with respect to tax, labor, distributors and other claims. Due to their nature, such legal proceedings and tax matters involve inherent uncertainties including, but not limited to, court rulings, negotiations between affected parties and governmental actions. To the extent that we believe these contingencies will probably be realized, a provision has been recorded in our balance sheet. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that we believe that the realization of a contingency is possible (but not probable) and is above certain materiality thresholds, we have disclosed those items in note 29 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_31"><span style="font-weight:bold">H.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">LIQUIDITY AND CAPITAL RESOURCES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">General </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our primary sources of cash flow have historically been cash flows from operating activities, the issuance of debt, bank borrowings and the issuance of equity securities. Our material cash requirements have included the following: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Debt service; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Capital expenditures; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Investments in companies participating in the brewing, carbonated soft drink and malting industries; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Increases in ownership of our subsidiaries or companies in which we hold equity investments; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Share buyback programs; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Payments of dividends and interest on shareholders&#8217; equity. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are of the opinion that our working capital, as an indicator of our ability to satisfy our short-term liabilities is, based on our expected cash flow from operations for the coming 12 months, sufficient to meet our requirements for the 12 months following the date of this Form <span style="white-space:nowrap">20-F,</span> including requirements from short-term contractual obligations. Over the longer term, we believe that our cash flows from operating activities, available cash and cash equivalents and short-term investments, along with our derivative instruments and our access to borrowing facilities, will be sufficient to fund our capital expenditures, debt service, dividend payments and other long-term contractual obligations going forward. As part of our cash flow management, we manage capital expenditures by optimizing the use of our existing brewery capacity and standardizing operational processes to make our capital investments more efficient. We are also attempting to improve operating cash flow through procurement initiatives designed to leverage economies of scale and improve terms of payment to suppliers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Equity attributable to our equity holders and <span style="white-space:nowrap">non-controlling</span> interests amounted to USD 97.7&#160;billion as of 31&#160;December 2025 (USD 88.7&#160;billion as of 31&#160;December 2024) and our net debt amounted to USD 60.9&#160;billion as of 31&#160;December 2025 (USD 60.6&#160;billion as of 31&#160;December 2024). Our overriding objectives when managing capital resources are to safeguard the business as a going concern and to optimize our capital structure so as to maximize shareholder value while keeping the desired financial flexibility to execute strategic projects. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-97- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our optimal capital structure remains a net debt to Normalized EBITDA ratio of around 2x. Our level of debt could have significant consequences, including: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">increasing our vulnerability to general adverse economic and industry conditions; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limiting our ability to fund future working capital and capital expenditures, to engage in future acquisitions or development activities or to otherwise realize the value of our assets and opportunities fully; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">limiting our flexibility in planning for, or reacting to, changes in our business and the industry in which we operate; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">impairing our ability to obtain additional financing in the future, or requiring us to obtain financing involving restrictive covenants; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">requiring us to issue additional equity (possibly under unfavorable conditions), which could dilute our existing shareholders&#8217; equity; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">placing us at a competitive disadvantage compared to our competitors that have less debt. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our ability to manage the maturity profile of our debt and repay our outstanding indebtedness in line with management plans may depend upon market conditions. If market conditions are uncertain, our financing costs could increase beyond what is currently anticipated. Such costs could have a material adverse impact on our cash flows, results of operations or both. In addition, an inability to refinance all or a substantial amount of our debt obligations when they become due would have a material adverse effect on our financial condition and results of operations. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We may not be able to obtain the necessary funding for our future capital or refinancing needs and may face financial risks due to our level of debt, uncertain market conditions and as a result of the potential downgrading of our credit ratings.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash, cash equivalents and short-term investments in debt securities, less bank overdrafts, as of 31&#160;December 2025 amounted to USD 11.9&#160;billion. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, we had total liquidity of USD 22.0&#160;billion, which consisted of USD 11.9&#160;billion of cash, cash equivalents and short-term investments in debt securities, less bank overdrafts and USD 10.1&#160;billion available under committed long-term credit facilities. Although we may borrow such amounts to meet our liquidity needs, we principally rely on cash flows from operating activities to fund our continuing operations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a discussion of our liquidity and capital resources for the year ended 31&#160;December 2024 compared to the year ended 31&#160;December 2023, please see our Annual Report on Form <span style="white-space:nowrap">20-F</span> for the fiscal year ended 31&#160;December 2024. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash Flow </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth our consolidated cash flows for the years ended 31&#160;December 2025 and 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash flow from/(used in) operating activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,883</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,055</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash flow from/(used in) investing activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,436</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,259</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash flow from/(used in) financing activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(11,450</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(9,854</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Net increase/(decrease) in cash and cash equivalents</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(3</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">1,942</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-98- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cash Flow from Operating Activities </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash flows from operating activities for the years ended 31&#160;December 2025 and 2024 were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">&#8195;2024&#8195;</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Profit of the period</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,477</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,416</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest, taxes and <span style="white-space:nowrap">non-cash</span> items included in profit</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,160</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,990</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash flow from operating activities before changes in working capital and use of provisions</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">21,637</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">21,406</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Change in working capital<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(398</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(22</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Pension contributions and use of provisions</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(426</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(374</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest and taxes (paid)/received</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,126</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(6,189</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dividends received</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">195</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">234</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash flow from/(used in) operating activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">14,883</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">15,055</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">For purposes of the table above, working capital includes inventories, trade and other receivables and trade and other payables, both current and <span style="white-space:nowrap">non-current.</span> </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="white-space:nowrap">Non-cash</span> items included in profit of the year include: depreciation, amortization and impairments, including impairment losses on goodwill, receivables and inventories; additions and reversals in provisions and employee benefits; losses and gains on sales of property, plant and equipment, intangible assets, subsidiaries and assets held for sale; equity share-based payment expenses; share of results of associates and joint ventures (including impairment); net finance expense; income tax expense and other <span style="white-space:nowrap">non-cash</span> items included in profit. Please refer to our consolidated cash flow statement in our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for a more comprehensive overview of our cash flow from operating activities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our primary source of cash flow for our ongoing activities and operations is our cash flow from operating activities. For extraordinary transactions (such as the 2008 Anheuser-Busch Companies acquisition, the 2013 Grupo Modelo combination and the 2016 combination with SAB), we may, from time to time, also rely on cash flows from other sources. See &#8220;&#8212;Cash Flow used in Investing Activities&#8221; and &#8220;&#8212;Cash Flow from/(used in) Financing Activities&#8221; below. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Cash flow from operating activities in 2025 decreased by USD 172&#160;million, or 1.1%, from USD 15,055&#160;million in 2024 to USD 14,883&#160;million in 2025, primarily driven by working capital movements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We devote substantial efforts to the efficient use of our working capital, especially those elements of working capital that are perceived as &#8220;core&#8221; (including trade receivables, inventories and trade payables). The initiatives to improve our working capital include the implementation of best practices on collection of receivables and inventory management, such as optimizing our inventory levels per stock taking unit, improving the batch sizes in our production process and optimizing the duration of overhauls. Similarly, we aim to efficiently manage our payables by reviewing our standard terms and conditions on payments and resolving, where appropriate, the terms of payment within 120 days upon receipt of invoice. Changes in working capital reduced our operational cash flow in 2025 by USD 398&#160;million. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-99- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cash Flow from/(used in) Investing Activities </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash flows used in investing activities for the years ended 31&#160;December 2025 and 2024 were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:88%"/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net capital expenditure<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,552</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,735</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sale/(acquisition) of subsidiaries, net of cash</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(46</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Proceeds from sale/(acquisition) of other assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">523</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash flow from/(used in) investing activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(3,436</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(3,259</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Net capital expenditure consists of acquisitions of property, plant and equipment and of intangible assets, minus proceeds from sale. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash outflow used in investing activities was USD 3,436&#160;million in 2025 as compared to a USD 3,259&#160;million cash outflow in 2024. The increase in the cash outflow from investing activities in 2025 was mainly due to 2024 being positively impacted by the proceeds from the sale of our share in associate Ghost Beverages LLC. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our net capital expenditures amounted to USD 3,552&#160;million in 2025 and USD 3,735&#160;million in 2024. Out of the total 2025 capital expenditures approximately 26% was used to improve the company&#8217;s production facilities while 50% was used for logistics and commercial investments and 24% was used for improving administrative capabilities and for the purchase of hardware and software. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cash Flow from/(used in) Financing Activities </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash flows used in financing activities for the years ended 31&#160;December 2025 and 2024 were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:81%"/>

<td style="vertical-align:bottom;width:3%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net (repayments of) / proceeds from borrowings</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,460</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,830</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dividends paid<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(4,543</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,672</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share buyback</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(2,301</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(937</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payments of lease liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(733</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(787</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Derivative financial instruments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(206</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(431</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sale/(acquisition) of <span style="white-space:nowrap">non-controlling</span> interests</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(323</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(435</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other financing cash flows</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(883</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(763</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash flow from / (used in) financing activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(11,450</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">(9,854</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">)&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-100- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For more information on the financing activities related to long-term debt issuances in 2025, see &#8220; &#8212;Funding Sources&#8212;Borrowings&#8221; below. Please also refer to note 22 of our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Adjusted Free Cash Flow </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We define adjusted free cash flow as our cash flow from operating activities minus our net capital expenditure. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:83%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash flow from operating activities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,883</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,055</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Net capital expenditure<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,552</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(3,735</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Adjusted free cash flow</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">11,331</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">11,320</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Net capital expenditure consists of acquisitions of property, plant and equipment and of intangible assets, minus proceeds from sale; please see &#8220;&#8212;Cash Flow used in Investing Activities&#8221; above for further details regarding our net capital expenditures. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Adjusted free cash flow amounted to USD 11,331&#160;million in 2025, representing an increase of USD 11&#160;million, or 0.1%, compared to 2024; please see &#8220; &#8212;Cash Flow from Operating Activities&#8221; and &#8220; &#8212;Cash Flow used in Investing Activities&#8221; above for more information regarding items which impacted our adjusted free cash flow in 2025 and 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Adjusted free cash flow is a <span style="white-space:nowrap">non-IFRS</span> measure. The financial measure most directly comparable to and presented in accordance with IFRS in our consolidated statement of cash flow is cash flow from operating activities. We believe adjusted free cash flow is useful to investors as it represents cash flows that could be used for return of capital to shareholders via dividends or share repurchases, repayment of debt or other strategic initiatives, including acquisitions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Adjusted free cash flow, however, has limitations as an analytical tool for investors. It is not a recognized term under IFRS and does not purport to be an alternative to cash flows from operating activities as a measure of liquidity. As a result, you should not consider adjusted free cash flow in isolation, or as a substitute for an analysis of our results as reported in our consolidated financial statements appearing elsewhere in this Form <span style="white-space:nowrap">20-F.</span> One of the primary limitations of adjusted free cash flow is that it does not represent residual cash flows available exclusively for management&#8217;s discretionary use, as it is not adjusted for certain of our <span style="white-space:nowrap">non-discretionary</span> obligations, such as the repayment of principal amounts borrowed and other financing cash flows. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transfers from Subsidiaries </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The amount of dividends payable by our operating subsidiaries to us is subject to, among other restrictions, general limitations imposed by the corporate laws, capital transfer restrictions and exchange control restrictions of the respective jurisdictions where those subsidiaries are organized and operate. For example, in Brazil, which accounted for 14.6% of our profit from operations for the year ended 31&#160;December 2025, current legislation permits the Brazilian government to impose temporary restrictions on remittances of foreign capital abroad in the event of a serious imbalance or an anticipated serious imbalance in Brazil&#8217;s balance of payments. For approximately six months in 1989 and early 1990, the Brazilian government froze all dividend and capital repatriations held by the Brazilian Central Bank that were owed to foreign equity investors in order to conserve Brazil&#8217;s foreign currency reserves. Capital transfer restrictions are also common in certain developing countries, and may affect our flexibility in implementing a capital structure we believe to be efficient. For example, China has very specific approval regulations for all capital transfers to or from the country. As at 31&#160;December 2025, the restrictions above mentioned were not deemed significant on the company&#8217;s ability to access or use the assets or settle the liabilities of the operating subsidiaries. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Dividends paid to us by certain of our subsidiaries are also subject to withholding taxes. Withholding tax, if applicable, generally does not exceed 15%. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-101- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Funding Sources </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Funding Policies </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We aim to secure committed credit lines with financial institutions to cover our liquidity risk on a <span style="white-space:nowrap">12-month</span> and <span style="white-space:nowrap">24-month</span> basis. Liquidity risk is identified using both the budget and strategic planning process input of the group on a consolidated basis. Depending on market circumstances and the availability of local debt capital markets, we may decide, based on liquidity forecasts, to secure funding on a medium- and long-term basis. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also seek to continuously optimize our capital structure targeting to maximizing shareholder value while keeping desired financial flexibility to execute strategic projects. Our capital structure policy and framework aims to optimize shareholder value through cash flow distribution to us from our subsidiaries, while maintaining an investment-grade rating and minimizing investments with returns below our weighted average cost of capital. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Cash and Cash Equivalents and Investment Securities </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our cash and cash equivalents, less bank overdrafts, for the years ended 31&#160;December 2025 and 2024 were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:81%"/>

<td style="vertical-align:bottom;width:3%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Short-term bank deposits</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,248</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,964</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash and bank accounts</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,390</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,210</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Bank overdrafts</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(14</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cash and Cash Equivalents in the Statement of Cash Flows</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">11,623</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">11,174</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our investment securities for the years ended 31&#160;December 2025 and 2024 were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:78%"/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Investment in unquoted companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">134</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">139</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Investment in debt securities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">29</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Non-current</span> investments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">161</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">168</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="4"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Investment in debt securities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">306</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">221</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Current investments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">306</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">221</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-102- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Borrowings </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In May 2025, Anheuser-Busch InBev SA/NV (&#8220;<span style="font-weight:bold">ABISA</span>&#8221;) completed the issuance of the following series of bonds: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:52%"/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Issue date</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Issuer</span><br/><span style="font-weight:bold">(abbreviated)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Maturity&#160;date</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Currency</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Aggregate</span><br/><span style="font-weight:bold">principal&#160;amount</span><br/><span style="font-weight:bold">(</span><span style="font-style:italic">in millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Coupon&#160;rate</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">19&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">ABISA</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19&#160;May&#160;2033</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">EUR</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,250</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.375</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">19&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">ABISA</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19&#160;May 2038</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">EUR</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.875</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">19&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">ABISA</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19&#160;May 2045</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">EUR</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.125</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, we completed the tender offers for three series of notes issued by Anheuser-Busch InBev Worldwide Inc. (&#8220;<span style="font-weight:bold">ABIWW</span>&#8221;), Anheuser-Busch Companies, LLC (&#8220;<span style="font-weight:bold">ABC</span>&#8221;) and Anheuser-Busch InBev Finance Inc. (&#8220;<span style="font-weight:bold">ABIFI</span>&#8221;), and repurchased USD 1.8&#160;billion aggregate principal amount of these notes. The total principal amount repurchased in the tender offers is set out in the table below: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:17%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:11%"/>

<td style="vertical-align:bottom;width:2%"/>
<td style="width:24%"/>

<td style="vertical-align:bottom;width:2%"/>
<td style="width:8%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td style="vertical-align:bottom;width:2%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td style="vertical-align:bottom;width:2%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td style="vertical-align:bottom;width:2%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Date of repurchase</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Issuer<br/>(abbreviated)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title&#160;of&#160;series&#160;of&#160;notes<br/>partially&#160;repurchased</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Currency</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Original<br/>principal&#160;amount<br/>outstanding</span><br/><span style="font-weight:bold">(</span><span style="font-style:italic">in millions</span><span style="font-weight:bold">)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Principal<br/>amount<br/>repurchased<br/>(</span><span style="font-style:italic">in millions</span><span style="font-weight:bold">)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Principal<br/>amount not<br/>repurchased<br/>(</span><span style="font-style:italic">in millions</span><span style="font-weight:bold">)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">30&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABIWW</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">4.750%&#160;Notes&#160;due 2029</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">USD</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">4,250</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,321</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">2,929</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">30&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABIWW&#160;and&#160;ABC</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">4.900% Notes due 2046</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">USD</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">9,160</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">332</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">8,829</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">30&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABIFI</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">4.900% Notes due 2046</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">USD</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,457</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">167</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,291</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, we redeemed the outstanding principal amounts indicated in the table below of the following series of notes issued by ABIWW, ABC and ABISA in 2025: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:19%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:13%"/>

<td style="vertical-align:bottom;width:2%"/>
<td style="width:28%"/>

<td style="vertical-align:bottom;width:2%"/>
<td style="width:9%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td style="vertical-align:bottom;width:3%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td style="vertical-align:bottom;width:3%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Date of redemption</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Issuer (abbreviated)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title of series of notes redeemed</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Currency</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Original<br/>principal&#160;amount<br/>outstanding</span><br/><span style="font-weight:bold">(</span><span style="font-style:italic">in millions</span><span style="font-weight:bold">)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Principal<br/>amount<br/>redeemed<br/>(</span><span style="font-style:italic">in&#160;millions</span><span style="font-weight:bold">)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">30&#160;May 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABIWW</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">4.000% Notes due 2028</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">USD</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,632</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,632</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">18&#160;November 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABISA</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">2.700% Notes due 2026</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">EUR</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">615</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">615</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">29&#160;December 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">ABIWW and ABC</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">3.650% Notes due 2026</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:right">USD</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,307</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">1,307</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These tender offers and redemptions were financed with cash. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 18&#160;February 2021, we announced the successful signing of a new USD 10.1&#160;billion Sustainable-Linked Loan Revolving Credit Facility (&#8220;<span style="font-weight:bold">SLL Revolving Facility</span>&#8221;), replacing our existing USD 9.0&#160;billion multi-currency revolving credit facility, under a senior facilities agreement (the &#8220;<span style="font-weight:bold">2010 Senior Facilities Agreement</span>&#8221;). The SLL Revolving Facility had an initial five-year term and incorporates a pricing mechanism that incentivized improvement in key performance areas that were aligned with and contributed to our 2025 Sustainability Goals. Effective as of 17&#160;March 2022, we exercised the first of our two options to extend the maturity of the facility until February 2027. Subsequently, with effect from 8&#160;September 2023, we exercised the second of our two options to further extend the maturity of the facility until February 2028 with total commitments of USD 9,750,000,000 for the period from February 2027 to February 2028. As of 31&#160;December 2025, the facility was fully undrawn. The terms of the SLL Revolving Facility are described under &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our optimal capital structure remains a net debt to Normalized EBITDA ratio of around 2x. Our continued increased level of debt could have significant consequences, as described under &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We may not be able to obtain the necessary funding for our future capital or refinancing needs and may face financial risks due to our level of debt, uncertain market conditions and as a result of the potential downgrading of our credit ratings.&#8221; </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-103- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Most of our other interest-bearing loans and borrowings are for general corporate purposes, based upon strategic capital structure concerns, although certain borrowings were incurred to fund significant past acquisitions of subsidiaries. Although seasonal factors affect our business, they have little effect on our borrowing requirements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have a Euro Medium-Term Note Programme under which Anheuser-Busch InBev SA/NV may periodically issue and have outstanding debt denominated in any currency or currencies, subject to compliance with all applicable legal and/or regulatory and/or central bank requirements, outside the U.S. to <span style="white-space:nowrap">non-U.S.</span> persons in reliance on Regulation S. The guarantors of payments of all amounts due in respect of notes issued under the EMTN Programme are Cobrew NV, Brandbrew SA, Brandbev S.&#224;.R.L., Anheuser-Busch InBev Worldwide Inc., ABIFI and Anheuser-Busch Companies, LLC (subject to certain terms and conditions). Under the EMTN Programme, we may issue notes on a continuing basis up to a maximum aggregate principal amount of EUR 40.0&#160;billion (USD 47.0<sup style="font-size:75%; vertical-align:top">2</sup> billion) or its equivalent in other currencies. Such notes may be fixed, floating, zero coupon or a combination of these. The proceeds from the issuance of any such notes may be used to repay short-term and/or long-term debt and to fund general corporate purposes of the AB InBev Group. If in respect of any particular issue of notes there is a particular identified use of proceeds, this will be stated in the applicable final terms relating to the notes. As of 31&#160;December 2025, the total outstanding debt under the EMTN Programme amounted to EUR 24.3&#160;billion (USD 28.6<sup style="font-size:75%; vertical-align:top">3</sup> billion). Our ability to issue additional notes under the EMTN Programme is subject to market conditions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have a Belgian commercial paper program under which Anheuser-Busch InBev SA/NV and Cobrew NV may issue and have outstanding at any time commercial paper notes up to a maximum aggregate amount of EUR 3.0&#160;billion (USD 3.5<sup style="font-size:75%; vertical-align:top">4</sup> billion) or its equivalent in alternative currencies. The proceeds from the issuance of any such notes may be used for general corporate purposes. The notes may be issued in two tranches: Tranche A has a maturity of not less than seven and not more than 364 days from and including the day of issue; Tranche B has a maturity of not less than one year. We also have established a U.S. commercial paper program for an aggregate outstanding amount not exceeding USD 5.0&#160;billion. As of 31&#160;December 2025, we had no outstanding commercial paper under these programs. Our ability to borrow additional amounts under the programs is subject to investor demand. If we are ever unable to refinance under these commercial programs as they become due, we have access to funding through the use of our committed lines of credit. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our borrowings are linked to different interest rates, both variable and fixed. As of 31&#160;December 2025, after certain hedging and fair value adjustments, USD 1.5&#160;billion, or 2.1%, of our interest-bearing financial liabilities (which include bonds, loans, lease liabilities and bank overdrafts) bore a variable interest rate, while USD 71.5&#160;billion, or 97.9%, bore a fixed interest rate. We expect the average gross debt coupon on our bonds in 2026 to be approximately 4%. Our net debt is denominated in various currencies, though primarily in the U.S. dollar and in the Euro. Our policy is to proactively address and manage the relationship between our various borrowing currency liabilities and our functional currency cash flows, through long-term or short-term borrowing arrangements, either directly in their functional currencies or indirectly through hedging arrangements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The currency of borrowing is driven by various factors in the different countries of operation, including a need to hedge against functional currency inflation, currency convertibility constraints, or restrictions imposed by exchange control or other regulations. In accordance with our policy aimed at achieving an optimal balance between cost of funding and volatility of financial results, we seek to proactively address and manage the relationship between borrowing liabilities and functional currency cash flows, and we may enter into certain financial instruments in order to mitigate currency risk. </p><div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><sup style="font-size:75%; vertical-align:top">2</sup>&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Converted at the closing rate of December 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><sup style="font-size:75%; vertical-align:top">3</sup>&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Converted at the closing rate of December 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><sup style="font-size:75%; vertical-align:top">4</sup>&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Converted at the closing rate of December 2025. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-104- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We use a hybrid currency matching model pursuant to which we may (i)&#160;match net debt currency exposure to cash flows in such currency, measured on the basis of Normalized EBITDA, by swapping a significant portion of U.S. dollar debt to other currencies, such as Brazilian real (with a higher coupon), although this would negatively impact our profit and earnings due to the higher Brazilian real interest coupon, and (ii)&#160;use U.S. dollar cash flows to service interest payments under our debt obligations. For our definition of Normalized EBITDA, see &#8220;&#8212;E. Results of Operations&#8212;Year Ended 31&#160;December 2025 Compared to the Year Ended 31&#160;December 2024 &#8212;Normalized EBITDA.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have also entered into certain financial instruments in order to mitigate interest rate risks. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to note 27 of our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025, &#8220;Item&#160;11. Quantitative and Qualitative Disclosures About Market Risk&#8212;Market Risk, Hedging and Financial Instruments.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2010 Senior Facilities Agreement, as amended in connection with the SLL Revolving Facility, does not include restrictive financial covenants. For further details regarding our total current and <span style="white-space:nowrap">non-current</span> liabilities, please refer to note 22 of our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth the level of our current and <span style="white-space:nowrap">non-current</span> interest-bearing loans and borrowings as of 31&#160;December 2025 and 2024: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:82%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-style:italic">(USD million)</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured bond issues</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">70,199</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">69,484</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lease liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,397</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,303</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Secured bank loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured bank loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">178</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">94</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured other loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">221</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">269</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">73,013</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">72,169</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth the contractual maturities of our interest-bearing liabilities as of 31&#160;December 2025: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:63%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Carrying<br/>Amount<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Less&#160;than<br/>1 year</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">1-2&#160;years</span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">2-3&#160;years</span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">3-5&#160;years</span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">More<br/>than 5<br/>years</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="22"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured bond issues</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">70,199</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,994</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,447</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,452</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">55,307</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lease liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,397</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">620</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">536</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">395</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">399</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">446</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Secured bank loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured bank loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">178</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">178</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Unsecured other loans</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">221</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">126</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">73,013</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">884</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">5,659</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">3,855</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">6,860</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">55,755</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">&#8220;Carrying Amount&#8221; refers to net book value as recognized on the balance sheet at 31&#160;December 2025. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to note 27 of our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for a description of the currencies of our financial liabilities and a description of the financial instruments we use to hedge our liabilities. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-105- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Credit Rating </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of the date of this <span style="white-space:nowrap">Form&#160;20-F,</span> our credit rating from S&amp;P was <span style="white-space:nowrap">A-</span> for long-term obligations and <span style="white-space:nowrap">A-2</span> for short-term obligations, with a positive outlook, and our credit rating from Moody&#8217;s Investors Service was A3 for long-term obligations and <span style="white-space:nowrap">P-2</span> for short-term obligations, with a positive outlook. Credit ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any of our or our subsidiaries&#8217; securities. Any change in our credit ratings could have a significant impact on the cost of debt capital to us and/or our ability to raise capital in the debt markets. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Capital Expenditures </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We spent USD 3,552&#160;million during 2025 on acquiring capital assets (net of proceeds from the sale of property, plant, equipment and intangible assets). Out of the total capital expenditures of 2025, approximately 26% was used to improve our production facilities while 50% was used for logistics and commercial investments. Approximately 24% was used for improving administrative capabilities and purchase of hardware and software. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We spent USD 3,735&#160;million during 2024 on acquiring capital assets (net of proceeds from the sale of property, plant, equipment and intangible assets). Out of the total capital expenditures of 2024, approximately 44% was used to improve our production facilities while 40% was used for logistics and commercial investments. Approximately 16% was used for improving administrative capabilities and purchase of hardware and software. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our capital expenditures are primarily funded through cash from operating activities. We expect net capital expenditure of between USD 3.5 and USD 4.0&#160;billion in 2026. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Investments and Disposals </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We regularly engage in acquisitions, divestitures and investments. We also engage in <span style="white-space:nowrap">start-up</span> or termination of activities and may transfer activities between business segments. Such events have had, and are expected to continue to have, a significant effect on our results of operations and the comparability of <span style="white-space:nowrap"><span style="white-space:nowrap">period-to-period</span></span> results. See &#8220;&#8212;A. Key Factors Affecting Results of Operations&#8212;Acquisitions, Divestitures and Other Structural Changes&#8221; for further information on significant acquisitions, divestitures, investments, transfers of activities between business segments and other structural changes in the years ended 31&#160;December 2025 and 2024. See also note 6 and note 8 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 included in this Form <span style="white-space:nowrap">20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Net Debt and Equity </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We define net debt as <span style="white-space:nowrap">non-current</span> and current interest-bearing loans and borrowings plus bank overdrafts and minus cash and cash equivalents, interest-bearing loans granted and debt securities. Net debt is a <span style="white-space:nowrap">non-IFRS</span> measure. Net debt is a financial performance indicator that is used by our management to highlight changes in our overall liquidity position. 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<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:81%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-weight:bold"></span><span style="font-style:italic">(USD</span><span style="font-weight:bold"></span><span style="font-style:italic"></span><span style="font-weight:bold"></span><span style="font-style:italic">&#160;million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="white-space:nowrap">Non-current</span> interest-bearing loans and borrowings</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">72,128</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">70,720</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Current interest-bearing loans and borrowings</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">885</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,449</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">73,013</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">72,169</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Bank overdrafts</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cash and cash equivalents</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(11,638</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(11,174</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest-bearing loans granted (included within Trade and other receivables)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(116</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(99</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="white-space:nowrap">Non-current</span> and current debt securities (included within Investment securities)<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(333</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(251</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Net debt</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">60,941</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">60,645</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">See note 22 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-106- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Net debt as of 31&#160;December 2025 was USD 60.9&#160;billion, an increase of USD 0.3&#160;billion as compared to 31&#160;December 2024. Apart from operating results net of capital expenditures, the net debt was impacted mainly by the payment of interests and taxes (USD 5.9&#160;billion increase of net debt), the payment of share buybacks by AB InBev and Ambev (USD 2.6&#160;billion increase of net debt), dividend payments to shareholders of AB InBev, Ambev and to minorities (USD 4.5&#160;billion increase of net debt), foreign exchange impact on net debt (USD 2.8&#160;billion increase of net debt). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Net debt as of 31&#160;December 2024 was USD 60.6&#160;billion, a decrease of USD 6.9&#160;billion as compared to 31&#160;December 2023. Apart from operating results net of capital expenditures, the net debt was impacted mainly by the payment of interests and taxes (USD 5.8&#160;billion increase of net debt), the payment for the share buyback (USD 0.9&#160;billion increase of net debt), dividend payments to shareholders of AB InBev, Ambev and minorities (USD 2.7&#160;billion increase of net debt) and foreign exchange impact on net debt (USD 0.2&#160;billion decrease of net debt). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Consolidated equity attributable to equity holders of AB InBev as of 31&#160;December 2025 was USD 87,287&#160;million, compared to USD 78,237&#160;million as of 31&#160;December 2024. The net increase in equity results from the profit attributable to equity holders and the net foreign exchange gains on translation of foreign operations primarily related to the combined effect of the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro, which resulted in a net foreign exchange translation adjustment of USD 6,594m as of 31&#160;December 2025 (increase of equity). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Consolidated equity attributable to equity holders of AB InBev as of 31&#160;December 2024 was USD 78,237&#160;million, compared to USD 81,848&#160;million as of 31&#160;December 2023. The net decrease resulted from the profit attributable to equity shareholders and the net foreign exchange loss on translation of foreign operations primarily related to the combined effect of the weakening of the closing rates of the Brazilian real, the Colombian Peso, and the Mexican peso which resulted in a net foreign exchange translation adjustment of USD 8,490&#160;million as of 31&#160;December 2024 (decrease of equity). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Further details on equity movements can be found in our consolidated statement of changes in equity in our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Guarantor Financial Information </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The debt securities issued by (i)&#160;Anheuser-Busch InBev Finance Inc. (&#8220;<span style="font-weight:bold">ABIFI</span>&#8221;) under Indentures dated as of January&#160;17, 2013, January&#160;25, 2016 and May&#160;15, 2017, in each case among ABIFI, Anheuser-Busch InBev SA/NV (the &#8220;<span style="font-weight:bold">Parent Guarantor</span>&#8221;), the subsidiary guarantors listed therein and the Bank of New York Mellon Trust Company, N.A., as trustee (ii)&#160;Anheuser-Busch InBev Worldwide Inc. (&#8220;<span style="font-weight:bold">ABIWW</span>&#8221;) under Indentures dated as of October&#160;16, 2009, December&#160;16, 2016 and April&#160;4, 2018, in each case among ABIWW, the Parent Guarantor, the subsidiary guarantors listed therein and the Bank of New York Mellon Trust Company, N.A, as trustee and (iii)&#160;Anheuser-Busch Companies, LLC (&#8220;<span style="font-weight:bold">ABC</span>&#8221;) and ABIWW, as <span style="white-space:nowrap">co-issuers,</span> under the Indenture dated as of November&#160;13, 2018, among ABC, ABIWW, the subsidiary guarantors listed therein and the Bank of New York Mellon Trust </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-107- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Company, N.A., as trustee, are, in each case, fully and unconditionally guaranteed by the Parent Guarantor and jointly and severally guaranteed by Brandbrew S.A., Brandbev S.&#224; r.l. and Cobrew NV, and by ABC (in respect of debt issued by ABIFI and/or ABIWW (as sole issuer)), ABIWW (in respect of debt issued by ABIFI) and by ABIFI (in respect of debt issued by ABIWW and/or ABC) on a full and unconditional basis. The Parent Guarantor owns, directly or indirectly, 100% of each of ABIFI, ABIWW, ABC, Brandbrew S.A., Brandbev S.&#224; r.l. and Cobrew NV. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each guarantee provided under the aforementioned indentures is referred to as a &#8220;<span style="font-weight:bold">Guarantee</span>&#8221; and collectively, the &#8220;Guarantees&#8221;; the subsidiaries of the Parent Guarantor providing Guarantees are referred to as the &#8220;Subsidiary Guarantors&#8221; and the Parent Guarantor and Subsidiary Guarantors collectively are referred to as the &#8220;Guarantors&#8221;. ABIWW, ABIFI and ABC are collectively referred to as the &#8220;<span style="font-weight:bold">Issuers</span>&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the terms of the Guarantees, the Guarantors guarantee to each holder the due and punctual payment of any principal, accrued and unpaid interest (and all Additional Amounts, as such term is defined in the applicable indenture, if any) due under the debt securities in accordance with each indenture. Each Guarantor will also pay Additional Amounts (if any) in respect of payments under its Guarantee. The Guarantees are the full, direct, unconditional, unsecured and unsubordinated general obligations of the Guarantors. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Guarantees of a Subsidiary Guarantor will be terminated (and any Subsidiary Guarantor will automatically and unconditionally be released from all obligations under its Subsidiary Guarantee) at substantially the same time that (i)&#160;the relevant Subsidiary Guarantor is released from its guarantee of both the SLL Revolving Facility (as defined below and as it may be amended from time to time) or is no longer a guarantor under such facility and (ii)&#160;the aggregate amount of indebtedness for borrowed money for which the relevant Subsidiary Guarantor is an obligor (as a guarantor or borrower) does not exceed 10% of the consolidated gross assets of the Parent Guarantor as reflected in the balance sheet included in its most recent publicly released interim or annual consolidated financial statements. If the Guarantees by the Subsidiary Guarantors are released, the relevant issuers and the Parent Guarantor are not required to replace them, and the debt securities will have the benefit of fewer or no Subsidiary guarantees for the remaining maturity of the debt securities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to restrictions imposed by Luxembourg law, for the purposes of any Guarantees provided by Brandbrew S.A. or Brandbev S.&#224; r.l. (each, a &#8220;<span style="font-weight:bold">Luxembourg Guarantor</span>&#8221;), the maximum aggregate liability of such Luxembourg Guarantor under its Guarantee (including any actual or contingent liabilities as a guarantor of Other Guaranteed Facilities (as such term is defined in the applicable indenture)) shall not exceed an amount equal to the aggregate of (without double counting): (A) the aggregate amount of all moneys received by such Luxembourg Guarantor and its subsidiaries as a borrower or issuer under the Other Guaranteed Facilities; (B)&#160;the aggregate amount of all outstanding intercompany loans made to such Luxembourg Guarantor and its Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the debt securities issued under the indentures and the Other Guaranteed Facilities; and (C)&#160;an amount equal to 100% of the greater of (I)&#160;the sum of (x)&#160;such Luxembourg Guarantor&#8217;s own capital (<span style="font-style:italic">capitaux propres</span>) (as referred to in the Luxembourg law dated 19&#160;December 2002 on the commercial register and annual accounts, as amended (the &#8220;<span style="font-weight:bold">Luxembourg Law of 2002</span>&#8221;), and as implemented by the Grand-Ducal regulation dated 18&#160;December 2015 setting out the form and content of the presentation of the balance sheet and profit and loss account (the &#8220;<span style="font-weight:bold">Luxembourg Regulation</span>&#8221;)) as reflected in such Luxembourg Guarantor&#8217;s then most recent annual accounts approved by the competent organ of such Luxembourg Guarantor (as audited by its statutory auditor (<span style="font-style:italic">r&#233;viseur d&#8217;entreprises agr&#233;&#233;</span>), if required by law) at the date of an enforcement of such Luxembourg Guarantor&#8217;s Guarantee and (y)&#160;any amounts owed by such Luxembourg Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities (as defined below) and (II)&#160;the sum of (x)&#160;such Luxembourg Guarantor&#8217;s own capital (<span style="font-style:italic">capitaux propres</span>) (as referred to by article 34 of the Luxembourg Law of 2002 and as implemented by the Luxembourg Regulation) as reflected in its most recent annual accounts available as of the date of the applicable Indenture and (y)&#160;any amounts owed by such Luxembourg Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, the obligations and liabilities of such Luxembourg Guarantor under its Guarantee and under any of the Other Guaranteed Facilities shall not include: </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-108- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">(i)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">in the case of Brandbrew S.A., any obligation which, if incurred, would constitute a breach of the provisions on unlawful financial assistance as contained in article <span style="white-space:nowrap">430-19</span> (formerly article <span style="white-space:nowrap">49-6)</span> of the Luxembourg Law on Commercial Companies dated 10&#160;August 1915, as amended; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">(ii)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">in the case of Brandbev S.&#224; r.l., the guarantee of any amount if and to the extent the granting of such guarantee for such amounts would constitute unlawful financial assistance in violation of article <span style="white-space:nowrap">1500-7</span> (formerly article 168) of the Luxembourg Law on Commercial Companies dated 10&#160;August 1915, as amended. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ABIFI is a finance subsidiary, and its principal source of income consists of payments on intra-group receivables from the Parent Guarantor. Furthermore, as holding companies, the ability of ABIWW and the Parent Guarantor to meet their financial obligations is dependent upon the availability of cash flows from their domestic and foreign subsidiaries and affiliated companies through dividends, intercompany advances, management fees and other payments. Claims of the creditors of Parent Guarantor&#8217;s subsidiaries who are not guarantors will have priority as to the assets of such subsidiaries over the claims of creditors of ABIFI, ABIWW or the Parent Guarantor. For further discussion, please see &#8220;Item 3. Key Information &#8212; D. Risk Factors &#8212; The ability of our subsidiaries to distribute cash upstream may be subject to various conditions and limitations&#8221;. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the Guarantors default on their Guarantees, their ability to pay any debts existing at the time of the insolvency may be adversely affected by the insolvency laws of the jurisdiction of organization of the defaulting Guarantors. Such insolvency laws may vary as to treatment of unsecured creditors and may contain prohibitions on the Guarantors&#8217; ability to pay any debts existing at the time of the insolvency. In addition, enforcement of each guarantee will be subject to certain generally available defenses under local law. Furthermore, the Parent Guarantor and Cobrew NV are Belgian companies and Belgian insolvency laws may adversely affect a recovery by the holders of the debt securities of amounts payable under the debt securities. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Summarized financial information is presented below for Anheuser-Busch InBev SA/NV, the Issuers and the Subsidiary Guarantors on a combined basis after elimination of intercompany transactions and balances among them and does not include investments in and equity in the earnings of <span style="white-space:nowrap">non-guarantor</span> subsidiaries. The intercompany balances with <span style="white-space:nowrap">Non-Guarantor</span> Subsidiaries have been presented separately. This summarized financial information is not intended to present the financial position or results of operations of Anheuser-Busch InBev SA/NV, the Issuers and the Subsidiary Guarantors in accordance with IFRS. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:79%"/>

<td style="vertical-align:bottom;width:3%"/>
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<td style="vertical-align:bottom;width:2%"/>
<td/>
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<td/></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="6" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-weight:bold"></span><span style="font-style:italic">(USD million)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Income Statement Data</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Revenue</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,134</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,323</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gross profit</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,879</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,883</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(1,023</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(5</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="4"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Statement of Financial Position Data</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Due from <span style="white-space:nowrap">non-guarantor</span> subsidiaries</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">43,964</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">54,513</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other <span style="white-space:nowrap">non-current</span> assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">61,248</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">62,104</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="4"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Non-current</span> assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">105,212</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">116,617</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Due from <span style="white-space:nowrap">non-guarantor</span> subsidiaries</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,313</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,669</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other current assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8,642</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,301</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="4"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Current assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">26,954</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">10,971</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Due to <span style="white-space:nowrap">non-guarantor</span> subsidiaries</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,273</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">34,858</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other <span style="white-space:nowrap">non-current</span> liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">77,397</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">76,330</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="4"/>
<td style="height:6pt" colspan="4"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Non-current</span> liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">105,670</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">111,188</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Due to <span style="white-space:nowrap">non-guarantor</span> subsidiaries</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,305</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,459</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other current liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,094</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11,385</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Current liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">27,400</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">20,844</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">For the year ended 31&#160;December 2025, revenue, gross profit and profit of the period includes USD 228&#160;million, USD (408)&#160;million and USD (978)&#160;million of intercompany transactions with <span style="white-space:nowrap">non-guarantor</span> subsidiaries and related parties, respectively. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">For the year ended 31&#160;December 2024, revenue, gross profit and profit of the period includes USD 221&#160;million, USD (393)&#160;million and USD 1,326&#160;million of intercompany transactions with <span style="white-space:nowrap">non-guarantor</span> subsidiaries and related parties, respectively. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-109- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_32"><span style="font-weight:bold">ITEM&#8201;6.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_33"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DIRECTORS AND SENIOR MANAGEMENT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Administrative, Management, Supervisory Bodies and Senior Management Structure </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our management structure is a <span style="white-space:nowrap">&#8220;one-tier&#8221;</span> governance structure composed of our Board, a Chief Executive Officer responsible for our <span style="white-space:nowrap"><span style="white-space:nowrap">day-to-day</span></span> management and an executive committee (the &#8220;<span style="font-weight:bold">Executive Committee</span>&#8221;). The Executive Committee is led by our Chief Executive Officer and comprises the Chief Executive Officer, the Chief Financial Officer, the Chief Strategy and Technology Officer and the Chief Legal and Corporate Affairs Officer and Corporate Secretary. Our Board is assisted by four main committees: the Audit Committee, the Finance Committee, the Remuneration Committee and the Nomination Committee. See &#8220;&#8212;C. Board Practices&#8212;Information About Our Committees.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Board of Directors </p> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Role and Responsibilities, Composition, Structure and Organization </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The role and responsibilities of our Board of Directors and its composition, structure and organization are described in detail in our corporate governance charter (&#8220;<span style="font-weight:bold">Corporate Governance Charter</span>&#8221;), which is available on our website: <span style="font-style:italic"><span style="white-space:nowrap">https://www.ab-inbev.com/investors/corporate-governance</span></span>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board may be composed of a maximum of 15 directors. There are currently 15 directors, all of whom are <span style="white-space:nowrap">non-executives.</span> Under our articles of association, the directors are appointed as follows, reflecting our particular shareholder structure: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">four independent directors will be appointed by our shareholders&#8217; meeting upon proposal by our Board of Directors; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">so long as the Stichting and/or any of its affiliates, any of their respective successors and/or successors&#8217; affiliates own, in aggregate, more than 30% of the shares with voting rights in our share capital, eight directors will be appointed by our shareholders&#8217; meeting upon proposal by the Stichting (and/or any of its affiliates, any of their respective successors and/or successors&#8217; affiliates); and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">so long as the holders of Restricted Shares, together with their affiliates and/or any of their successors and/or successors&#8217; affiliates, own in aggregate: </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 13.5% of the shares with voting rights in our share capital, three directors will be appointed by our shareholders&#8217; meeting upon proposal by the holders of the Restricted Shares; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-110- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 9% but not more than 13.5% of the shares with voting rights in our share capital, two directors will be appointed by our shareholders&#8217; meeting upon proposal by the holders of the Restricted Shares; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 4.5% but not more than 9% of the shares with voting rights in our share capital, one director will be appointed by our shareholders&#8217; meeting upon proposal by the holders of the Restricted Shares; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">4.5% or less than 4.5% of the shares with voting rights in our share capital, the holders of the Restricted Shares will no longer have the right to propose any candidate for appointment as a member of our Board of Directors and no directors will be appointed upon proposal by the holders of the Restricted Shares. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The percentage of shares with voting rights in our share capital necessary for the appointment of directors as described in this section is determined 120 days before our annual shareholders&#8217; meeting, i.e. 30&#160;December 2025 for the meeting to be held on 29&#160;April 2026. For purposes of this calculation, the denominator is determined in accordance with rules set out in article 20 of our articles of association, which excludes certain shares which have been disposed of by us from treasury since the completion of the combination with SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In respect of our 2026 annual shareholders&#8217; meeting, the Restricted Shareholders, together with their affiliates and/or any of their successors and/or successors&#8217; affiliates, held in aggregate 262,049,970 shares with voting rights, representing 13.82% of shares with voting rights in our share capital determined in accordance with the foregoing. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board is currently composed of four directors nominated by Eug&#233;nie Patri S&#233;bastien S.A. (which represents Interbrew&#8217;s founding Belgian families and holds the class A Stichting certificates), four directors nominated by BRC S.&#224;.R.L. (&#8220;<span style="font-weight:bold">BRC</span>&#8221;) (which represents the Brazilian families that were previously the controlling shareholders of Ambev and holds the class B Stichting certificates), three directors who were appointed by the holders of Restricted Shares and four independent directors. The appointment and renewal of all directors (i)&#160;are based on a recommendation of the Nomination Committee, taking into account the rules regarding the composition of the Board of Directors set out in our articles of association, and (ii)&#160;are subject to approval by the shareholders&#8217; meeting. Directors (other than directors appointed at the proposal of the holders of the Restricted Shares (the &#8220;<span style="font-weight:bold">Restricted Share Directors</span>&#8221;)) are appointed for a maximum term of four years, but the shareholders&#8217; meeting can resolve for a shorter term. In accordance with our bylaws, Restricted Share Directors are appointed for renewable terms ending at the next shareholders&#8217; meeting following their appointment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under article 7:87 of the Belgian Code of Companies and Associations (the &#8220;<span style="font-weight:bold">Belgian Companies Code</span>&#8221;), the independence of directors must be assessed by taking into consideration the criteria set out in Principle 3.5 of the 2020 Belgian Corporate Governance Code, which are the following: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director is not an executive, or exercising a function as a person entrusted with the daily management of the company or a related company or person, and has not been in such a position for the previous three years before his or her appointment and is no longer enjoying stock options of the company related to this position; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director has not served for a total term of more than twelve years as a board member; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director is not an employee of the senior management of the company or a related company or person, and has not been in such a position for the previous three years before his or her appointment and is no longer enjoying stock options of the company related to this position; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director is not receiving, or has not received during their mandate or for a period of three years prior to their appointment, any significant remuneration or any other significant advantage of a patrimonial nature from the company or a related company or person, apart from any fee they receive or have received as a <span style="white-space:nowrap">non-executive</span> board member; </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-111- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="width:5%">&#160;</td>
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<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director does not hold shares, either directly or indirectly, either alone or in concert, representing globally <span style="white-space:nowrap">one-tenth</span> or more of the company&#8217;s capital or <span style="white-space:nowrap">one-tenth</span> or more of the voting rights in the company at the moment of appointment and not has not been nominated, in any circumstances, by a shareholder fulfilling the conditions covered above; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director does not maintain, or has not maintained in the past year before their appointment, a significant business relationship with the company or a related company or person, either directly or as partner, shareholder, board member, member of the senior management of a company or person who maintains such a relationship; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director is not or has not been within the last three years before his or her appointment, a partner or member of the audit team of the company or person who is, or has been within the last three years before their appointment, the external auditor of the company or a related company or person; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director is not an executive of another company in which an executive of the company is a <span style="white-space:nowrap">non-executive</span> board member; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the director does not have, in the company or a related company or person, a spouse, legal partner or close family member to the second degree, exercising a function as board member or executive or person entrusted with the daily management or employee of the senior management, or falling in one of the other cases referred to in the bullets above, and as far as the second bullet is concerned, up to three years after the date on which the relevant relative has terminated his or her last term. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">When presenting a candidate for appointment as an independent director, the Board must explicitly confirm that it has no indication of any element that may cast doubt on the candidate&#8217;s independence. Should the Board present a candidate for appointment as independent director in respect of whom there are any such indications, the Board will explain such indications and the reasons why it considers candidate independent, in accordance with article 7:87 of the Belgian Companies Code. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Directors on our Board who serve on our Audit Committee are also required to meet the criteria for independence set forth in Rule <span style="white-space:nowrap">10A-3</span> under the Exchange Act of 1934. Based on our Governance Charter, a majority of the voting members of the Audit Committee are independent directors under Belgian corporate law. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board is our ultimate decision-making body, except for the powers reserved to our shareholders&#8217; meeting by law, or as specified in the articles of association. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board meets as frequently as our interests require. In addition, special meetings of our Board may be called and held at any time upon the call of either the chair of our Board or at least two directors. Board meetings are based on a detailed agenda specifying the topics for decision and those for information. Board decisions are made by a simple majority of the votes cast. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The composition of our Board is currently as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:21%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:19%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:19%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:19%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:18%"/></tr>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Principal<br/>Function</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Nature of<br/>Directorship</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Initially</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Appointed</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Term</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Expires</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Martin J. Barrington</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director&#160;and&#160;Chair&#160;of the Board<sup style="font-size:75%; vertical-align:top">(1)</sup></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,&#160;nominated&#160;by&#160;the</span> holders of Restricted Shares</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2026</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Lynne Biggar</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Independent Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">M. Michele Burns</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Independent Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2028</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Sabine Chalmers</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class A Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2019</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
</table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-112- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="width:11%"/>

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<td style="vertical-align:bottom;width:1%"/>
<td style="width:11%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:13%"/></tr>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Principal<br/>Function</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Nature of<br/>Directorship</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Initially</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Appointed</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Term</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Expires</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">Paul Cornet de Ways Ruart</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class A Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2028</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Claudio Garcia</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class B Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2019</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Paulo Alberto Lemann</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class B Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2028</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Alejandro Santo Domingo</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of Restricted Shares</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2026</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Aradhana Sarin</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Independent Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Heloisa Sicupira</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class B Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Gr&#233;goire de Spoelberch</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class A Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2028</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Salvatore Mancuso</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of Restricted Shares</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2026</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Nitin Nohria</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class B Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2022</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2026</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Alexandre Van Damme</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive,</span> nominated by the holders of class A Stichting certificates</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2028</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Dirk Van de Put</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Independent Director</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><span style="white-space:nowrap">Non-executive</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">2027</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">We have determined that Mr.&#160;Barrington is an independent director for purposes of Rule <span style="white-space:nowrap">10A-3</span> of the Exchange Act. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At our annual shareholders&#8217; meeting held on 30&#160;April 2025, the mandates of Mr.&#160;Martin&#160;J. Barrington, Mr.&#160;Salvatore Mancuso and Mr.&#160;Alejandro Santo Domingo were renewed for a term of one year. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The mandates of all of our directors are renewable. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The business address for all of our directors is: Brouwerijplein 1, 3000 Leuven, Belgium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No member of the Board has any conflicts of interest within the meaning of the Belgian Companies Code between any duties he or she owes to us and any private interests and/or other duties. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Barrington </span>is a representative of the Restricted Shareholders. Born in 1953, he is an American citizen and graduated from Albany Law School of Union University with a Juris Doctorate Degree. He is the retired Chairman, Chief Executive Officer and President of Altria Group. During his 25 years at Altria Group, he served in numerous legal and business roles for Altria and its companies. These include Vice Chairman of Altria Group; Executive Vice President and Chief Administrative Officer of Altria Group; Senior Vice President and General Counsel of Philip Morris International (a separate public company <span style="white-space:nowrap">spun-off</span> from Altria Group in 2008); and Senior Vice President and General Counsel of Philip Morris USA. Before joining Altria, Mr.&#160;Barrington practiced law in both the government and private sectors. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ms.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Biggar</span> is an independent member of the Board. Born in 1962, she is a US citizen and graduated from Stanford University with a Bachelor&#8217;s Degree in International Relations and holds an MBA from Columbia Business School. She is a Senior Advisor at the Boston Consulting Group and is an independent Board director of Voya Financial, Inc., a leading health, wealth and investment company based in the US, of Hiscox Group, a global specialty insurer traded on the LSE, and of Finastra, a private equity owned financial services software company headquartered in the UK. She is also an independent Executive Committee member of Leading Hotels of the World. Ms.&#160;Biggar was Executive Vice President and Global Chief Marketing Officer at Visa from 2016 to 2022. Prior to joining Visa, she served as executive vice president of consumer marketing and revenue for Time, Inc., and before that, she spent more than 20 years at American Express in a variety of leadership positions. Ms.&#160;Biggar is also a Board member of The New 42nd Street and the global media trade group MMA Global. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ms.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Burns </span>is an independent member of the Board. Born in 1958, she is an American citizen and graduated Summa Cum Laude from the University of Georgia with a Bachelor&#8217;s Degree in Business Administration and a Master&#8217;s Degree in Accountancy. Ms.&#160;Burns was the Chairman and Chief Executive Officer of Mercer LLC from 2006 until 2012. She currently serves on the Boards of Directors of The Goldman Sachs Group, Goldman Sachs International, Etsy and Circle Internet Group. From 2003 until 2013, she served as a director of <span style="white-space:nowrap">Wal-Mart</span> Stores. From 2013 to 2023, she served on the Board of Cisco Systems. From 2014 until 2018, she served on the Board of Alexion Pharmaceuticals. She currently serves on the Advisory Council of the Stanford Center on Longevity at Stanford University. Ms.&#160;Burns began her career in 1981 at Arthur Andersen, where she became a partner in 1991. In 1999, she joined Delta Air Lines, assuming the role of Chief Financial Officer from 2000 to 2004. From 2004 to 2006, Ms.&#160;Burns served as Chief Financial Officer and Chief Restructuring Officer of Mirant Corporation, an independent power producer. From March 2006 until September 2006, Ms.&#160;Burns served as the Chief Financial Officer of Marsh and McLennan Companies. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ms.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Chalmers </span>is a representative of the main shareholders (nominated by Eug&#233;nie Patri S&#233;bastien S.A., the holder of the Class&#160;A Stichting certificates). Born in 1965, Ms.&#160;Chalmers is a dual American-British citizen and holds a Bachelor&#8217;s Degree in Law from the London School of Economics. She is qualified to practice law in England and New York State. Ms.&#160;Chalmers is the General Counsel, Company Secretary and Director of Regulatory Affairs of BT Group plc and is also a member of the Court of Directors of the Bank of England. Prior to joining BT, she was the Chief Legal and Corporate Affairs Officer and Secretary to the Board of Directors of AB InBev, a role she held from 2005 to 2017. Ms.&#160;Chalmers joined AB InBev after 12 years with Diageo plc where she held a number of senior legal positions including as General Counsel of the Latin American and North American businesses. Prior to Diageo plc, she was an associate at the law firm of Lovell White Durrant in London, specializing in mergers and acquisitions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Cornet de Ways Ruart</span> is a representative of the main shareholders (nominated by Eug&#233;nie Patri S&#233;bastien S.A., the holder of the Class&#160;A Stichting certificates). Born in 1968, he is a Belgian citizen and holds a Master&#8217;s Degree as a Commercial Engineer from the Catholic University of Louvain and an MBA from the University of Chicago. He has attended the Master Brewer program at the Catholic University of Louvain. From 2006 to 2011, he worked at Yahoo! and was in charge of Corporate Development for Europe before taking on additional responsibilities as Senior Financial Director for Audience and Chief of Staff. Prior to joining Yahoo!, Mr.&#160;Cornet was Director of Strategy for Orange U.K. and spent seven years with McKinsey&#160;&amp; Company in London and Palo Alto, California. He is also a <span style="white-space:nowrap">non-executive</span> director of Eug&#233;nie Patri S&#233;bastien SA, Adrien Invest, Floridienne S.A., Sibelco NV and several privately held companies. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Garcia </span>is a representative of the main shareholders (nominated by BRC S.&#224;.R.L., the holder of the class B Stichting certificates). Born in Brazil in 1968, he is a Brazilian citizen and is a graduate from Universidade Estadual do Rio de Janeiro, Brazil with a B.A. in Economics. Mr.&#160;Garcia interned at Companhia Cervejaria Brahma in 1991 and was employed as a Management Trainee in February 1993. From 1993 until 2001, Mr.&#160;Garcia worked in several positions in finance, mainly in the area of corporate budgeting. In 2001, he started the first Shared Service Center for Ambev and in 2003 he became the head of both the Technology and Shared Services operations. Mr.&#160;Garcia participated in all M&amp;A integration projects from 1999 until 2018. In 2005, he was appointed Chief Information and Shared Service Officer for InBev (following the combination of Ambev and Interbrew) in Leuven, Belgium. From 2006 to 2014, Mr.&#160;Garcia combined the functions of Chief People and Technology Officer. From 2014 to January 2018, Mr.&#160;Garcia was the Chief People Officer of AB InBev. Mr.&#160;Garcia is a board member of Americanas SA, the Garcia Family Foundation, and Chairman of the Telles Foundation. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Lemann </span>is a representative of the main shareholders (nominated by BRC S.&#224;.R.L., the holder of the class B Stichting certificates). Born in Brazil in 1968, he is a Brazilian citizen and graduated from Faculdade Candido Mendes in Rio de Janeiro, Brazil with a B.A. in Economics. Mr.&#160;Lemann interned at PriceWaterhouse in 1989 and was employed as an Analyst at Andersen Consulting from 1990 to 1991. Mr.&#160;Lemann also performed equity analysis while at Banco Marka and Dynamo Asset Management (both in Rio de Janeiro). From 1997 to 2004, he developed the hedge fund investment group at Tinicum Inc., a New York-based investment office that advised the Synergy Fund of Funds, where he served as Portfolio Manager. Mr.&#160;Lemann is a Founding Partner at Vectis Partners and is a board member of Lemann Foundation and Lone Pine Capital. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Mancuso </span>is a representative of the Restricted Shareholders. Born in 1965, he is a US citizen and holds a Bachelor&#8217;s Degree in Accounting from Iona College. He serves as Executive Vice President and Chief Financial Officer for Altria Group and is a member of the Board of Directors of Altria Group. Over the course of his more than 32 years with Altria, he has held a variety of leadership roles across the Finance, Compliance and Strategy&#160;&amp; Business Development organizations. Previous senior roles for Altria Group include Senior Vice President, Finance&#160;&amp; Procurement, and Treasurer&#160;&amp; Vice President, Investor Relations and Accounting. Prior to joining the Altria Group, Mr.&#160;Mancuso worked for Pittston Company. He also serves on the Boards of the Richmond Performing Arts Corporation (RPAC) and the GreenCity Community Development Authority (CDA). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Nohria </span>is a representative of the main shareholders (nominated by BRC S.&#224;.R.L., the holder of the class B Stichting certificates). Born in 1962, he is an American citizen and graduated from Massachusetts Institute of Technology with a Ph.D. in Management and from the Indian Institute of Technology, Bombay, with a Bachelor of Technology in Chemical Engineering. Mr.&#160;Nohria started his career as a Harvard Business School faculty member in 1988 and served as its Dean from 2010 to 2020. He is currently a Professor at Harvard Business School and Chairman of Thrive Capital, a venture capital firm. Mr.&#160;Nohria also serves on the Boards of Directors of Alsym, The Bridgespan Group, Exor, Mass General Brigham, Rakuten Medical and Suffolk. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Santo Domingo </span>is a representative of the Restricted Shareholders. Born in 1977, he is a US, Colombian and Spanish citizen and obtained a B.A. in History from Harvard College. He is the Senior Managing Director at Quadrant Capital Advisors, Inc. in New York City. Mr.&#160;Santo Domingo is Chairman of the Board of Bavaria S.A. in Colombia. He is Chairman of the Board of Valorem, a company which owns a diverse portfolio of industrial and media assets in Latin America. Mr.&#160;Santo Domingo is also a director of Life Time Group Holdings, Inc., an owner and operator of fitness centers in the United States and Canada, Florida Crystals, the world&#8217;s largest sugar refiner, Caracol TV, Colombia&#8217;s leading broadcaster, and Cine Colombia, Colombia&#8217;s leading film distribution and movie theatre company. In the <span style="white-space:nowrap">non-profit</span> sector, he is Chair of the Wildlife Conservation Society and Fundaci&#243;n Santo Domingo. He is also a Member of the Boards of The Metropolitan Museum of Art, The British Museum, WNET, Mount Sinai Health System and Fundaci&#243;n Pies Descalzos, a foundation focused on assisting impoverished children in Colombia. He is a member of Harvard University&#8217;s Global Advisory Council (GAC). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Dr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Sarin</span> is an independent member of the Board. Born in 1974, she is a US citizen and holds a medical degree from the University of Delhi, India, and an MBA degree from Stanford Business School, USA. Dr.&#160;Sarin is Executive Director and Chief Financial Officer of AstraZeneca PLC since August 2021. Previously, she was Chief Financial Officer of Alexion, a rare disease biopharmaceutical company. Prior to Alexion, she was Managing Director, Corporate and Investment Banking at Citi Global Healthcare Banking, Managing Director of Healthcare Investment Banking at UBS, and worked at JP Morgan in the Mergers&#160;&amp; Acquisitions advisory group. Dr.&#160;Sarin started her career practicing medicine in India and Africa. She is a member of the Board of Governors of the American Red Cross. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ms.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Sicupira </span>is a representative of the main shareholders (nominated by BRC S.&#224;.R.L., the holder of the class B Stichting certificates). Born in 1987, she is a Brazilian citizen and is a graduate from Columbia University (USA) with an MBA degree and from Pontif&#237;cia Universidade Cat&#243;lica (Brazil) with a Bachelor&#8217;s Degree in Law, and is qualified to practice law in Brazil. She previously served on the Board of S&#227;o Carlos Empreendimentos S.A. from 2018 to 2021. Ms.&#160;Sicupira began her career in 2011 as a lawyer specializing in capital markets. Since 2017 she has been an investment analyst and portfolio manager at LTS Investments and prior to that she was an investment analyst at MSD Capital. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;de Spoelberch </span>is a representative of the main shareholders (nominated by Eug&#233;nie Patri S&#233;bastien S.A., the holder of the Class&#160;A Stichting certificates). Born in 1966, he is a Belgian citizen and holds an MBA from INSEAD. Mr.&#160;de Spoelberch is an active private equity shareholder. He is a member of the board of several family-owned companies, such as Eug&#233;nie Patri S&#233;bastien S.A., Verlinvest and Cobehold (Cobepa). He is also an administrator of the Baillet-Latour Fund, a foundation that encourages social, cultural, artistic, technical, sporting, educational and philanthropic achievements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Van Damme </span>is a representative of the main shareholders (nominated by Eug&#233;nie Patri S&#233;bastien S.A., the holder of the Class&#160;A Stichting certificates). Born in 1962, he is a Belgian citizen and graduated from Solvay Business School, Brussels. Mr.&#160;Van Damme joined the beer industry early in his career and held various operational positions within Interbrew until 1991, including Head of Corporate Planning and Strategy. He has managed several private venture holding companies and is currently a director of several family-owned companies such as Patri S.A. (Luxembourg). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Mr.</span><span style="font-weight:bold"></span><span style="font-weight:bold">&#160;Van de Put</span> is an independent member of the Board. Born in 1960, he is a dual citizen of Belgium and the U.S. and holds a doctorate in veterinary medicine from the University of Ghent, Belgium. Mr.&#160;Van de Put is Chairman and CEO of Mondel&#275;z International, the global leader in biscuits and chocolate, since 2017. He joined Mondel&#275;z from McCain Foods Limited, the largest marketer and manufacturer of frozen French fries, potato specialties and appetizers, where he was President and CEO since 2010. Before joining McCain, he was President of the Global OTC Division of Novartis Inc., a Swiss pharmaceutical company, and spent more than a decade with Groupe Danone, a maker of dairy, water, baby food and clinical nutrition products, where he served as President of the Americas Division and joint President of the Fresh Dairy Division. In the first 15 years of his career, he held many sales and marketing roles in Europe and Latin America for Mars Inc., as well as The Coca Cola Company, where he served as President, Coca Cola Caribbean. He is the <span style="white-space:nowrap">co-Chair</span> of the Board of Directors at The Consumer Goods Forum, and has previously been a <span style="white-space:nowrap">non-executive</span> director of Mattel, a global toy company and Keurig Dr Pepper, a coffee and drinks company. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">General Information on the Directors </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No member of our Board has a family relationship with any other member of our Board or any member of our Executive Committee, or had a family relationship with any member of our Executive Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Over the five years preceding the date of this <span style="white-space:nowrap">Form&#160;20-F,</span> the members of our Board hold or have held the following main directorships (apart from directorships they have held with us and our subsidiaries) or memberships of administrative, management or supervisory bodies and/or partnerships: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Past</p></td></tr>


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<td style="vertical-align:top">Martin J. Barrington</td>
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<td style="vertical-align:top">Richmond Performing Arts Corporation (RPAC) and RVA757 Connects</td>
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<td style="vertical-align:top">M. Michele Burns</td>
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<td style="vertical-align:top">The Goldman Sachs Group Inc., Goldman Sachs International, Etsy Inc., and Circle Internet Group</td>
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<td style="vertical-align:top">Lynne Biggar</td>
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<td style="vertical-align:top">Voya Financial Inc., Finastra, Hiscox Group, The New 42nd St, and Leading Hotels of the World</td>
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<td style="vertical-align:top">&#8212;</td></tr>
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<td style="vertical-align:top">Sabine Chalmers</td>
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<td style="vertical-align:top">BT Group Plc, Bank of England, Eug&#233;nie Patri S&#233;bastien S.A., Adrian SA and the Stichting</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Coty Inc. and Continental Grain Group</td></tr>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Current</p></td>
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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Past</p></td></tr>


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<td style="vertical-align:top">Paul Cornet de Ways Ruart</td>
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<td style="vertical-align:top">Eug&#233;nie Patri S&#233;bastien S.A., Sebacoop SCRL, Adrien Invest SCRL, Floridienne S.A., Sibelco N.V. and the Stichting</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Sparflex, Bunge Ltd, Krispy Kreme Doughnuts Inc., Panera Bread Holdings Corp., Peet&#8217;s Coffee&#160;&amp; Tea, LLC, Coffee&#160;&amp; Bagel Brands Inc. Company, Inc., and Rayvax Soci&#233;t&#233; d&#8217;Investissement S.A.</td></tr>
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<td style="vertical-align:top">Claudio Garcia</td>
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<td style="vertical-align:top">Americanas S.A., Garcia Family Foundation, Telles Foundation and Funda&#231;&#227;o Ant&#244;nio e Helena Zerrenner</td>
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<td style="vertical-align:top">Chapin School in New York</td></tr>
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<td style="vertical-align:top">Paulo Alberto Lemann</td>
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<td style="vertical-align:top">Vectis Partners, Lemann Foundation and Lone Pine Capital LLC</td>
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<td style="vertical-align:top">Alejandro Santo Domingo</td>
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<td style="vertical-align:top">Quadrant Capital Advisors, Inc., Bavaria S.A., Valorem S.A., Cine Colombia S.A., Organizaci&#243;n Decameron S. de R.L., Florida Crystals Corporation, Caracol Televisi&#243;n S.A., Life Time Group Holdings, Inc., Metropolitan Museum of Art, Wildlife Conservation Society, Fundaci&#243;n Santo Domingo, WNET, The British Museum and Mount Sinai Health Systems</td>
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<td style="vertical-align:top">Keurig Green Mountain (KGM), Advanced Merger Partners (AMPI), ContourGlobal plc, JDE Peet&#8217;s N.V., and DKMS</td></tr>
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<td style="vertical-align:top">Dr.&#160;Aradhana Sarin</td>
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<td style="vertical-align:top">AstraZeneca Plc and American Red Cross</td>
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<td style="vertical-align:top">Heloisa Sicupira</td>
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<td style="vertical-align:top">S&#227;o Carlos Empreendimentos S.A.</td></tr>
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<td style="vertical-align:top">Gr&#233;goire de Spoelberch</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Agemar S.A., Fiprolux S.A., Eug&#233;nie Patri S&#233;bastien S.A., the Stichting, G.D.S. Consult, Cobehold, Compagnie Benelux Participations, Vervodev, Wesparc, Groupe Josi,<sup style="font-size:75%; vertical-align:top">(1) </sup>Financi&#232;re Stockel,<sup style="font-size:75%; vertical-align:top">(1) </sup>Immobili&#232;re du Canal,<sup style="font-size:75%; vertical-align:top">(1) </sup>Verlinvest,<sup style="font-size:75%; vertical-align:top">(1) </sup>Vedihold, Clearvolt S.A. and Fonds Baillet Latour</td>
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<td style="vertical-align:top">Atanor,<sup style="font-size:75%; vertical-align:top">(1) </sup>Amantelia,<sup style="font-size:75%; vertical-align:top">(1) </sup>Demeter Finance, Lunch Garden Services,<sup style="font-size:75%; vertical-align:top">(1) </sup>Lunch Garden,<sup style="font-size:75%; vertical-align:top">(1) </sup>Lunch Garden Management,<sup style="font-size:75%; vertical-align:top">(1) </sup>Lunch Garden Finance,<sup style="font-size:75%; vertical-align:top">(1) </sup>Lunch Garden Concepts,<sup style="font-size:75%; vertical-align:top">(1) </sup>HEC Partners,<sup style="font-size:75%; vertical-align:top">(1) </sup>Q.C.C.,<sup style="font-size:75%; vertical-align:top">(1) </sup>A.V.G. Catering Equipment,<sup style="font-size:75%; vertical-align:top">(1) </sup>Immo Drijvers-Stevens,<sup style="font-size:75%; vertical-align:top">(1) </sup>Elpo-Cuisinex Wholesale,<sup style="font-size:75%; vertical-align:top">(1) </sup>Navarin S.A., Wernelin S.A., Zencar S.A., and Midi Developpement<sup style="font-size:75%; vertical-align:top">(1)</sup></td></tr>
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<td style="vertical-align:top">Salvatore Mancuso</td>
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<td style="vertical-align:top">Altria Group, Inc., GreenCity Community Development Authority (CDA), and Richmond Performing Arts Corporation (RPAC)</td>
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<td style="vertical-align:top">Nitin Nohria</td>
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<td style="vertical-align:top">Harvard Business School, Thrive Capital, Alsym, The Bridgespan Group, Exor N.V., Mass General Brigham, Rakuten Medical and Suffolk</td>
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<td style="vertical-align:top">Alexandre Van Damme</td>
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<td style="vertical-align:top">Patri S.A., the Stichting, and Eug&#233;nie Patri S&#233;bastien S.A.</td>
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<td style="vertical-align:top">Dirk Van de Put</td>
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<td style="vertical-align:top">Mondel&#275;z International</td>
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<td style="vertical-align:top">Keurig Dr Pepper (KDP) and Mattel</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">As permanent representative. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Chief Executive Officer and Senior Management </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Role and Responsibilities, Composition, Structure and Organization </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Chief Executive Officer is responsible for our <span style="white-space:nowrap"><span style="white-space:nowrap">day-to-day</span></span> management. He has direct responsibility for our operations and oversees the organization and efficient <span style="white-space:nowrap"><span style="white-space:nowrap">day-to-day</span></span> management of our subsidiaries, affiliates and joint ventures. Our Chief Executive Officer is responsible for the execution and management of the outcome of all of our Board decisions. He is appointed and is subject to removal by our Board and reports directly to it. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Effective 1&#160;January 2026, Nelson Jamel departed from the company and was succeeded by Thiago Porto as Chief People Officer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Executive Committee reports to our Chief Executive Officer and works with our Board on matters such as corporate governance, general management of our company and the implementation of corporate strategy as defined by our Board. The Executive Committee performs such duties as may be assigned to it from time to time by our Chief Executive Officer or our Board. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Although exceptions can be made in special circumstances, the upper age limit for the members of our Executive Committee is 65, unless their employment contract provides otherwise. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Executive Committee currently consists of the following members: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top">Michel Doukeris</td>
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<td style="vertical-align:top">John Blood</td>
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<td style="vertical-align:top">Chief Legal and Corporate Affairs Officer and Corporate Secretary</td></tr>
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<td style="vertical-align:top">Fernando Tennenbaum</td>
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<td style="vertical-align:top">David Almeida</td>
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<td style="vertical-align:top">Chief Strategy and Technology Officer</td></tr>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the members of our Executive Committee, our senior leadership team currently consists of the following: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top">Katherine Barrett</td>
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<td style="vertical-align:top">General Counsel</td></tr>
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<td style="vertical-align:top">Nick Caton</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Chief B2B Officer</td></tr>
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<td style="vertical-align:top">Yanjun Cheng</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:top">Lucas Herscovici</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Chief <span style="white-space:nowrap"><span style="white-space:nowrap">Direct-to-Consumer</span></span> Officer</td></tr>
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<td style="vertical-align:top">Thiago Porto</td>
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<td style="vertical-align:top">Carlos Lisboa</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:top">Donna Lorenson</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Chief Communications Officer</td></tr>
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<td style="vertical-align:top">Marcel Marcondes</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Chief Marketing Officer</td></tr>
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<td style="vertical-align:top">Ricardo Moreira</td>
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<td style="vertical-align:top">Jean Jereissati Neto</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">CEO Middle America Zone</td></tr>
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<td style="vertical-align:top">Cassiano De Stefano</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">CEO Africa Zone</td></tr>
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<td style="vertical-align:top">Ricardo Tadeu</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Chief Growth Officer</td></tr>
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<td style="vertical-align:top">Jason Warner</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">CEO Europe Zone</td></tr>
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<td style="vertical-align:top">Brendan Whitworth</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">CEO North America Zone</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The business address for all of these members of our senior leadership team is: Brouwerijplein 1, 3000 Leuven, Belgium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Michel Doukeris </span>is our CEO&#160;since 2021. Born in 1973, he is a Brazilian citizen and holds a Bachelor&#8217;s Degree in Chemical Engineering from Federal University of Santa Catarina in Brazil and a Master&#8217;s Degree in Marketing from Funda&#231;&#227;o Getulio Vargas, also in Brazil. In addition, he has completed post-graduate programs in Marketing and Marketing Strategy from the Kellogg School of Management and The Wharton School in the United States. Mr.&#160;Doukeris joined AB InBev in 1996 and held a number of commercial operations roles in Latin America before moving to Asia where he led AB InBev&#8217;s China and Asia Pacific operations for seven years. In 2016 he moved to the U.S. to assume the position of Global Chief Sales Officer. Prior to his appointment as CEO, Mr.&#160;Doukeris led Anheuser-Busch and the North American business. In 2024, Mr.&#160;Doukeris was knighted by the Belgian Brewers and in 2025, he was awarded a decoration in the Order of Leopold, recognizing his leadership in promoting and advancing Belgian Culture. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">David Almeida </span>is our Chief Strategy and Technology Officer since 2020. Born in 1976, he is a dual citizen of the U.S. and Brazil and holds a Bachelor&#8217;s Degree in Economics from the University of Pennsylvania. Most recently, he served as Chief Strategy and Transformation Officer and before that as Chief Integration Officer and Chief Sales Officer ad interim having previously held the positions of Vice President, U.S. Sales and of Vice President, Finance for the North American organization. Prior to that, he served as InBev&#8217;s Head of Mergers and Acquisitions, where he led the combination with Anheuser-Busch in 2008 and subsequent integration activities in the U.S. Before joining the company in 1998, he worked at Salomon Brothers in New York as a financial analyst in the Investment Banking division. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Katherine Barrett </span>is our General Counsel since 2019. Born in 1970, she is a U.S. citizen and holds a Bachelor&#8217;s Degree in Business Administration from Saint Louis University and a Juris Doctorate degree from the University of Arizona. Ms.&#160;Barrett joined Anheuser-Busch in 2000 as a litigation attorney in the Legal Department. She most recently served as Vice President, U.S. General Counsel&#160;&amp; Labor Relations, where she was responsible for overseeing all legal issues in the U.S. including commercial, litigation and regulatory matters and labor relations. Prior to joining the company, Ms.&#160;Barrett worked in private practice at law firms in Nevada and Missouri. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">John Blood </span>is our Chief Legal&#160;&amp; Corporate Affairs Officer since 2019 and Company Secretary since 2017. Born in 1967, Mr.&#160;Blood is a U.S. citizen and holds a Bachelor&#8217;s Degree from Amherst College and a Juris Doctorate degree from the University of Michigan Law School. Mr.&#160;Blood joined AB InBev in 2009 as Vice President Legal, Commercial and M&amp;A. Most recently Mr.&#160;Blood was AB InBev&#8217;s General Counsel. Prior to the latter role, he was Zone Vice President Legal&#160;&amp; Corporate Affairs in North America where he led the legal and corporate affairs agenda for the United States and Canada. Prior to joining the company, Mr.&#160;Blood worked on the legal team in Diageo&#8217;s North American business and also was in private practice at a New York City law firm. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-119- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Nick Caton</span> is our Chief B2B Officer since 2022. Born in 1982, he is a U.S. citizen and received a Bachelor&#8217;s Degree in Mathematics from Stanford University and a Juris Doctorate degree from Yale Law School. Mr.&#160;Caton joined AB InBev in 2013 and has held roles in finance, sales, and technology in the North America Zone, Asia Pacific Zone, BEES, and Global Headquarters. Prior to joining the company, Mr.&#160;Caton was with McKinsey&#160;&amp; Company and with Skadden Arps LLP. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Yanjun Cheng </span>is our CEO Asia Pacific Zone and CEO and <span style="white-space:nowrap">Co-Chair</span> of the Board of Directors of Budweiser Brewing Company APAC since 2025. Born in 1960, he is a Chinese national and obtained a Bachelor&#8217;s Degree in Fermentation from Qilu University of Technology in Jinan, China, a brewing diploma from Doemens Technikum in Munich, Germany and an Executive Master of Business Administration Degree from the China Europe International Business School (CEIBS) in Shanghai, China. Mr.&#160;Cheng has over 40 years of experience in the beer and beverage industry, including 30 years as a brewmaster at AB InBev. In 1996, he held the role of Chief Brewmaster, Production and Management at Anheuser-Busch and served as the CEO of Harbin Group in 2005. From 2009 to 2024, Mr.&#160;Cheng served as the Vice President Supply and Logistics for the APAC region, covering China, South Korea, India and Southeast Asia. Most recently Mr.&#160;Cheng served as Chief Supply&#160;&amp; Logistics Officer for Budweiser Brewing Company APAC. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Lucas Herscovici </span>is our Global Chief <span style="white-space:nowrap"><span style="white-space:nowrap">Direct-To-Consumer</span></span> Officer since 2022. Born in 1977, he is an Argentine citizen and received a Bachelor&#8217;s Degree in Industrial Engineering from Instituto Tecnol&#243;gico de Buenos Aires and an Executive Master of Business Administration from Universidad de &#8216;San Andres&#8217;. Mr.&#160;Herscovici joined the company in 2002 as a Global Management Trainee in Latin America South Zone and has built his career in Commercial and Digital roles. He moved to the U.S. in 2009 and was responsible for opening the &#8220;Beer Garage&#8221;, AB InBev&#8217;s global digital innovation office, based out of Palo Alto, California. He later served as Global Vice President of Consumer Connections, Insights, and Innovation until 2018 and as Chief <span style="white-space:nowrap">Non-Alcohol</span> Officer until 2020. He most recently served as Chief Sales Officer until 2022. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Thiago Porto </span>is our Chief People Officer since 2026. Born in 1980, he is a Brazilian citizen and holds a Bachelor&#8217;s Degree in Mechatronics Engineering from the University of Bras&#237;lia and a Master of Business Administration from Business School S&#227;o Paulo. He joined the company in 2003 as a Global Management Trainee and has held multiple leadership roles across Sales, Supply, and People functions across different AB InBev zones, including the South America Zone and the Middle America Zone. Most recently, he served as Vice President of People for the Middle America Zone. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Carlos Lisboa </span>is our CEO South America Zone and CEO of Ambev since 2025. Born in 1969, he is a Brazilian citizen and received a Bachelor&#8217;s Degree in Business Administration from the Catholic University of Pernambuco and a Marketing specialization from Universidade de Pernambuco, both in Brazil. Mr.&#160;Lisboa joined Ambev in 1993 and has built his career in Marketing and Sales. He was responsible for building the Skol brand in Brazil in 2001 and after that became Marketing Vice President for AB InBev&#8217;s Latin America North Zone. Mr.&#160;Lisboa then led the International Business Unit in AB InBev&#8217;s Latin America South Zone prior to becoming Business Unit President for Canada. In 2015, he was appointed Marketing Vice President for AB InBev&#8217;s Global Brands. Most recently, Mr.&#160;Lisboa held the role of Zone President Latin America South until December 2018 and Zone President Middle America Zone until December 2024. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Donna Lorenson</span> is our Chief Communications Officer since 2023. Born in 1973, she is a U.S. citizen and holds a Bachelor&#8217;s Degree from the University of Idaho. Ms.&#160;Lorenson has deep expertise leading global teams in consumer packaged goods and highly regulated industries. Most recently, she served as Chief Corporate Affairs Officer at Kenvue, the world&#8217;s largest pure-play consumer health company. Previously, she led Global Communications&#160;&amp; Public Affairs for the Consumer Health business at Johnson&#160;&amp; Johnson. Prior to that, Ms.&#160;Lorenson held leadership positions at Alcon and at Edelman. Before entering the field of communications, she served in the U.S. Army as a Military Police Officer and was stationed in Ansbach, Germany. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Marcel Marcondes</span> is our Chief Marketing Officer since 2022. Born in 1975, he is a Brazilian citizen and holds a Bachelor&#8217;s Degree in Marketing from ESPM Escola Superior de Propaganda e Marketing in Brazil and a Master of Business Administration from the Business School S&#227;o Paulo. He has also completed advanced marketing courses at the Kellogg School of Management and Harvard Business School. Mr.&#160;Marcondes has been with the company since 2005, most recently as Global President, Beyond Beer Co. From 2017 to 2021, Mr.&#160;Marcondes was the Chief Marketing Officer at Anheuser-Busch, where he led the marketing strategy for a broad portfolio of some of the world&#8217;s largest beer brands. Mr.&#160;Marcondes sits on the Board of the Association of National Advertisers (ANA) and is a member of the Cannes Lions CMO Growth Council. Before joining AB InBev, Mr.&#160;Marcondes spent seven years in brand management at Unilever. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-120- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ricardo Moreira </span>is our Chief Supply Officer since 2024. Born in 1971, he is a Portuguese citizen and received a Degree in Mechanical Engineering from Rio de Janeiro Federal University in Brazil and an Executive Master of Business Administration from Ambev. He also completed an Advanced Marketing Program at The Kellogg School of Management and a Global Senior Management Program at The University of Chicago Booth School of Business. Mr.&#160;Moreira joined the company in 1995 and held various positions in the Sales and Finance organizations prior to becoming Regional Sales Director in 2001. He subsequently held positions as Vice President Logistics&#160;&amp; Procurement for Latin America North, Business Unit President for Hispanic Latin America (HILA) and Vice President Soft Drinks Latin America North. In 2013, Mr.&#160;Moreira moved to Mexico to head AB InBev&#8217;s Sales, Marketing and Distribution organizations and lead the commercial integration of Grupo Modelo. Most recently, Mr.&#160;Moreira held the role of CEO Africa Zone until 2023 and, prior to that, of Zone President Latin America COPEC until 2018. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Jean Jereissati Neto </span>is our CEO Middle America Zone since 2025. Born in 1974, he is a Brazilian citizen and received a Bachelor&#8217;s Degree in Business Administration from Funda&#231;&#227;o Get&#250;lio Vargas (FGV) and an Executive Education at INSEAD and The Wharton School. Mr.&#160;Jereissati joined Ambev in 1998 and held various positions in Sales and Trade Marketing prior to becoming CEO of Cerveceria Nacional Dominicana, in 2013, making a successful integration with CND. In 2015, he joined Asia and Pacific North Zone to become Business Unit President for China. Most recently, Mr.&#160;Jereissati held the role of CEO South America Zone. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Cassiano De Stefano </span>is our CEO Africa Zone since 2024. Born in 1974, he is a dual citizen of Brazil and Portugal and holds a Bachelor&#8217;s Degree in Civil Engineering from Unicamp and a Master of Business Administration from Business School Sao Paulo. He is also Six Sigma Black Belt certified and has postgraduate certifications in business, sales, marketing, logistics, and administration from The Wharton School, INSEAD, the Kellogg School of management, Stanford University and the MIT. Mr.&#160;De Stefano joined the company in 2000, most recently serving as President of Grupo Modelo in Mexico. During his time at the company, Mr.&#160;De Stefano has held various management roles in Sales, Marketing and Logistics, in Brazil and Russia. Prior to his role in Mexico, he was Logistics Vice President and Vice President of High End Co for Ambev. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Ricardo Tadeu </span>is our Chief Growth Officer since 2022. Born in 1976, he is a Brazilian citizen, and received a Law Degree from the Universidade C&#226;ndido Mendes in Brazil and a Master of Laws from Harvard Law School in Cambridge, Massachusetts. He is also Six Sigma Black Belt certified. He joined the company in 1995 and has held various roles across the Commercial area. He was appointed Business Unit President for the operations in Hispanic Latin America in 2005, and served as Business Unit President, Brazil from 2008 to 2012. He served as Zone President, Mexico from 2013 until his appointment as Zone President Africa upon completion of the combination with SAB in 2016. Mr.&#160;Tadeu most recently served as Chief B2B Officer, spearheading the creation of BEES, and before that served as Chief Sales Officer until July 2020, and Zone President Africa until December 2018. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Fernando Tennenbaum</span>&#160;is our Chief Financial Officer since 2020. Born in 1977, he is a dual citizen of Brazil and Germany and holds a Bachelor&#8217;s Degree in Industrial Engineering from Escola Polit&#233;cnica da Universidade de S&#227;o Paulo. He joined the company in 2004 and has held various roles in the finance function (including Treasury, Investor Relations and M&amp;A). He most recently served as the Vice President of Finance, South America Zone and Chief Financial and Investor Relations Officer of Ambev. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Jason Warner </span>is our CEO Europe Zone since 2019. Born in 1973, he is a dual British and U.S. citizen and received a Bachelor&#8217;s Degree in Engineering from De Montfort University in the United Kingdom. Prior to his current role, he was Business Unit President for North Europe between 2015 and 2018. He joined AB InBev in July 2009 as Global VP Budweiser, based in New York, before moving into a dual role of Global VP Budweiser&#160;and Marketing VP. He has also held Global VP roles for Corona as well as Innovation and Renovation. Prior to joining AB InBev, he held various positions at The Coca-Cola Company and Nestl&#233;. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-121- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Brendan Whitworth</span> is our CEO North America Zone and CEO of Anheuser-Busch since 2021. Born in 1976, he is a U.S. citizen and holds a Bachelor&#8217;s Degree in Economics from Bucknell University and a Master of Business Administration from Harvard Business School. Prior to his current role, he was Chief Sales Officer of Anheuser-Busch. Mr.&#160;Whitworth joined AB InBev in 2013 as a Global Sales Director and went on to hold various commercial leadership positions in the U.S., including Vice President U.S. Trade Marketing, and Vice President Sales U.S. Northeast Region. Prior to joining AB InBev, Mr.&#160;Whitworth held a series of U.S. commercial leadership roles at PepsiCo <span style="white-space:nowrap">Frito-Lay.</span> He also served in the US Marine Corps and Central Intelligence Agency. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">General Information on the Members of the Executive Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No member of the Executive Committee has, any conflicts of interests between any duties he/she owed to us and any private interests and/or other duties. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No member of the Executive Committee has, a family relationship with any director or member of executive management. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Over the five years preceding the date of this <span style="white-space:nowrap">Form&#160;20-F,</span> the members of the Executive Committee have held the following main directorships (apart from directorships they have held with us and our subsidiaries) or memberships of administrative, management or supervisory bodies and/or partnerships: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Current</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Past</p></td></tr>


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<td style="vertical-align:top">Michel Doukeris</td>
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<td style="vertical-align:top">Ecolab Inc.</td>
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<td style="vertical-align:top">The Beer Institute</td></tr>
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<td style="vertical-align:top">John Blood</td>
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<td style="vertical-align:top">&#8212;</td>
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<td style="vertical-align:top">Fernando Tennenbaum</td>
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<td style="vertical-align:top">&#8212;</td>
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<td style="vertical-align:top">David Almeida</td>
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<td style="vertical-align:top">&#8212;</td>
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<td style="vertical-align:top">&#8212;</td></tr>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_34"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">COMPENSATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Introduction </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our compensation system has been designed and approved to help motivate high performance. The goal is to deliver market-leading compensation, driven by both company and individual performance, and alignment with shareholders&#8217; interests by encouraging ownership of our shares. Our focus is on annual and long-term variable pay, rather than on base salary or fees. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The remuneration policy described below reflects certain updates and clarifications made to the policy that was approved by the annual shareholders&#8217; meeting in 2022 to enhance clarity, with respect to (i)&#160;bonuses to be paid in respect of financial years 2026 onwards,&#160;and (ii)&#160;the composition of the Compensation Peer Group (as defined below) in respect of financial years 2026 onwards. These changes will apply to members of the Executive Committee as of 1&#160;January 2026, subject to the approval of the remuneration policy by the annual shareholders&#8217; meeting of 29&#160;April 2026. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Share-Based Payment Plans </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We currently have three primary, share-based payment plans, namely (i)&#160;our restricted stock unit plan for directors (&#8220;<span style="font-weight:bold">RSU Plan Directors</span>&#8221;) established in 2019 (which replaced our long-term incentive stock option plan for directors (&#8220;<span style="font-weight:bold">LTI Stock Option Plan Directors</span>&#8221;) established in 2014), (ii) our share-based compensation plan (&#8220;<span style="font-weight:bold">Share-Based Compensation Plan</span>&#8221;), established in 2006 (and amended as from 2010) and (iii)&#160;our long-term incentive plans for eligible employees (&#8220;<span style="font-weight:bold">LTI Plan Executives</span>&#8221;), established in 2009. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, from time to time, we make exceptional grants to our employees and employees of our subsidiaries or grants of shares, restricted stock units (&#8220;<span style="font-weight:bold">RSUs</span>&#8221;), performance stock units (&#8220;<span style="font-weight:bold">PSUs</span>&#8221;) or options under plans established by us or by certain of our subsidiaries. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-122- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">LTI Stock Option Plan Directors </span></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The table below provides an overview of all of the stock options outstanding under our former LTI Stock Option Plan Directors as of 31&#160;December 2025<sup style="font-size:75%; vertical-align:top">(1)</sup>: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Grant date of <br/>stock options</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Expiry date of<br/>stock options</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>options<br/>granted</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>options<br/>outstanding</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Exercise<br/>price</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">27&#160;April 2016</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27&#160;April&#160;2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.236</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.236</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">113.25</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">26&#160;April 2017</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26&#160;April 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.221</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.221</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">104.50</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">25&#160;April 2018</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25&#160;April 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.228</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.228</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">84.47</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0.684</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0.684</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
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<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Under the former LTI Stock Option Plan Directors, stock options were granted to directors at an exercise price equal to the market price of our shares at the time of the grant. These LTI stock options cliff vest after five years, have a maximum lifetime of ten years and an exercise period that starts five years after the grant date. Unvested LTI stock options are subject to forfeiture provisions in the event a director&#8217;s mandate is not renewed upon the expiry of his or her term, or he or she is terminated in the course of his or term, in each case due to a breach of duty by such director. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, the total number of stock options granted under the LTI Stock Option Plan Directors is 0.68&#160;million. As of 31&#160;December 2025, all of the 0.68&#160;million outstanding options have vested. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For additional information on the LTI stock options held by members of our Board of Directors, see &#8220;&#8212;Compensation of Directors and Executives&#8221; below. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">RSU Plan Directors </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The share-based portion of the remuneration of the directors of AB InBev is granted in the form of restricted stock units corresponding to a fixed gross value per year of (i)&#160;EUR 550,000 (USD 623,606) for the Chair of the Board of Directors, (ii)&#160;EUR 350,000 (USD 393,265) for the Chair of the Audit Committee and (iii)&#160;EUR 200,000 (USD 224,723) for the other directors. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Such restricted stock units vest after five years. Each director is entitled to receive a number of restricted stock units corresponding to the amount to which such director is entitled divided by the closing price of the shares of the company on Euronext Brussels on the day preceding the annual shareholders&#8217; meeting approving the accounts of the financial year to which the remuneration in restricted stock units relates. Upon vesting, each vested restricted stock unit entitles its holder to one AB InBev share (subject to any applicable withholdings). These restricted stock units replaced the stock options to which the directors were previously entitled. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The granting and vesting of the restricted stock units are not subject to performance criteria. Therefore, such RSUs qualify as fixed remuneration. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below provides an overview of all of the RSUs granted under our RSU Plan Directors that remain outstanding: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:60%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Grant date of <br/>RSUs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Vesting date of<br/>RSUs</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>RSUs<br/>granted</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>RSUs<br/>outstanding</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">28&#160;April 2021</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;April&#160;2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.061</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.061</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">27&#160;April 2022</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27&#160;April 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.063</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.063</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">26&#160;April 2023</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">26&#160;April 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.057</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.057</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">24&#160;April 2024</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24&#160;April&#160;2029</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.061</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.061</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">30&#160;April 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30&#160;April 2030</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.059</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.059</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0.302</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0.302</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For additional information on the RSUs held by members of our Board of Directors, see &#8220;&#8212;Compensation of Directors and Executives&#8221; below. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-123- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Share-Based Compensation Plan </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Executive Committee and other senior employees are granted variable compensation under our Share-Based Compensation Plan. Executives receive their variable performance-related compensation (bonus) in cash but have the choice to invest some or all of the value of their variable compensation in our shares, referred to as voluntary shares. For further details regarding variable performance-related compensation (bonus), please see &#8220;&#8212;Compensation of Directors and Executives&#8212;Executive Committee&#8212;Variable Performance-Related (Bonus) Compensation &#8211; Share-Based Compensation Plan&#8221; below. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Voluntary shares are: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">existing Ordinary Shares; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">entitled to dividends paid as from the date of grant; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">subject to a <span style="white-space:nowrap">lock-up</span> period of three years; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">purchased by the executives at market price. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Executives who invest all or part of their bonus in voluntary shares also receive one and a half matching shares from the Company for each voluntary share purchased up to a limited total percentage (up to 60%) of each executive&#8217;s bonus. These matching shares are delivered in the form of restricted stock units (&#8220;<span style="font-weight:bold">Matching RSUs</span>&#8221;). A discount (of up to 20%) on the portion of the bonus invested in voluntary shares is granted in the form of restricted stock units (&#8220;<span style="font-weight:bold">Discounted RSUs</span>&#8221;). Together, the Matching RSUs and Discounted RSUs are referred to as Bonus RSUs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Bonus RSUs vest over a three-year period. No performance conditions apply to the vesting of Bonus RSUs. However, Bonus RSUs will only be granted under the double condition that the executive: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">has earned a variable compensation (bonus), which is subject to the successful achievement of total company, business unit and individual performance targets (performance condition); and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">has agreed to reinvest all or part of his or her bonus in voluntary shares, which are subject to a <span style="white-space:nowrap">lock-up</span> as indicated above (ownership condition). </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Specific restrictions or forfeiture rules apply in the event the executive leaves the company before the vesting date of Bonus RSUs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In accordance with the authorization granted in our bylaws, the variable compensation system deviates from article 7:91, indents 1 and 2 of the Belgian Companies Code, as it allows: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">for the variable remuneration to be paid out based on the achievement of annual targets without staggering its grant or payment over a three-year period. However, eligible employees are encouraged to invest some or all of their variable compensation in voluntary shares. Such voluntary investment also leads to a grant of Bonus RSUs, which vest over a three-year period, promoting sustainable long-term performance; and </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-124- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">for the voluntary shares purchased by the executives under the Share-Based Compensation Plan to vest at their purchase, instead of applying a vesting period of a minimum of three years. Nonetheless, the voluntary shares are subject to a three-year <span style="white-space:nowrap">lock-up</span> period. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For details regarding voluntary shares purchased by, and Bonus RSUs granted to, members of the Executive Committee pursuant to the Share-Based Compensation Plan in relation to variable compensation earned in 2024, in accordance with the remuneration policy applicable to bonuses paid to members of the Executive Committee for financial year 2024, please see &#8220;&#8212;Compensation of Directors and Executives&#8212;Executive Committee&#8212;Variable Performance-Related (Bonus) Compensation &#8211; Share-Based Compensation Plan&#8212;Variable compensation (bonus) for performance in 2024 &#8211; Paid in March 2025&#8221; below. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">LTI Plan Executives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Annual Long-Term Incentives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Subject to management&#8217;s assessment of the employee&#8217;s performance and future potential, senior employees may be eligible for an annual long-term incentive to be paid out in restricted stock units, performance stock units and/or stock options. Since 2020, grants to senior employees have primarily taken the form of restricted stock units. From financial year 2022, long-term incentive grants to employees of a certain seniority, including members of the Executive Committee and senior leadership team, have primarily taken the form of a combination of restricted stock units and performance stock units, both with a three-year vesting period. Any grant of annual long-term incentives to members of the Executive Committee and the senior leadership team is subject to Board approval, upon recommendation of the Remuneration Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Long-term restricted stock units have the following features: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a grant value determined on the basis of the market price or an average market price of the share at the time of grant; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">all long-term restricted stock units cliff-vest over a three-year period; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">in the event the executive leaves the company before the vesting date, specific forfeiture rules will apply. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Long-term performance stock units have the following features: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a grant value determined on the basis of the market price or an average market price of the share at the time of grant; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the performance stock units cliff vest over a three-year period; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">upon vesting of the performance stock units, the number of shares to which the holder thereof shall be entitled will depend on a performance test measuring (on a percentile basis) the Company&#8217;s three-year total shareholder return (&#8220;<span style="font-weight:bold">TSR</span>&#8221;) relative to the TSR realized for that period by a representative sample of 16 listed companies belonging to the fast-moving consumer goods sector (the &#8220;<span style="font-weight:bold">TSR Peer Group</span>&#8221;). The number of shares to which holders of the performance stock units shall be entitled is subject to a hurdle and cap; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">in the event the executive leaves the company before the vesting date, specific forfeiture rules will apply. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-125- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">LTI stock options have the following features: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">upon exercise, each LTI stock option entitles the option holder to one share. As of 2010, we have also issued LTI stock options entitling the holder to one ADS; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">an exercise price equal to the market price or an average market price of our share or our ADS at the time of granting; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a maximum lifetime of ten years and an exercise period that starts after five years; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the LTI stock options cliff vest after five years. Unvested options are subject to specific forfeiture provisions in case of termination of service before the end of the five-year vesting period. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below gives an overview of the annual LTI stock options on our shares that have been granted under the LTI Plans outstanding as of 31&#160;December 2025: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:92%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:55%"/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Issue Date</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>LTI stock<br/>options<br/>granted</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>LTI stock<br/>options<br/>outstanding</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Exercise<br/>price</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Expiry&#160;date&#160;of&#160;options</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;December 2016</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.32</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.22</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98.04</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30&#160;November&#160;2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">15&#160;December 2016</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.15</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.40</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">97.99</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">13&#160;January 2017</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.02</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.01</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">99.01</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12&#160;January 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">20&#160;January 2017</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.96</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.81</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98.85</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19&#160;January 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;December 2017</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.79</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.71</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">96.70</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30&#160;November 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">22&#160;January 2018</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.05</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.96</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">94.36</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21&#160;January 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">8&#160;March 2018</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.27</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.25</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">89.43</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7&#160;March 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">3&#160;December 2018</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.48</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2.45</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">67.64</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2&#160;December 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">25&#160;January 2019</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.93</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.81</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65.70</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24&#160;January 2029</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">2&#160;December 2019</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5.87</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.81</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">71.87</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;December 2029</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below gives an overview of the annual LTI stock options on our ADS that have been granted under the LTI Plans outstanding as of 31&#160;December 2025: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:92%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:58%"/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Issue Date</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>LTI stock<br/>options<br/>granted</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>LTI stock<br/>options<br/>outstanding</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Exercise<br/>price</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Expiry&#160;date&#160;of&#160;options</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in millions)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(in&#160;USD)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;December 2016</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.29</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.75</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">103.27</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30&#160;November&#160;2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">15&#160;December 2016</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.08</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.03</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">102.91</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;December 2017</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.40</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.79</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">114.50</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">30&#160;November 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">3&#160;December 2018</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.19</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.72</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">76.87</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2&#160;December 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">2&#160;December 2019</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.26</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.77</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">79.35</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;December 2029</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For additional information on the LTI stock options held by members of the Executive Committee, see &#8220;&#8212;Compensation of Directors and Executives&#8221; below. For details regarding annual long-term incentive restricted stock units and performance stock units granted to members of the Executive Committee in 2025, please see &#8220;&#8212;Compensation of Directors and Executives&#8212;Long-Term Incentives&#8221; below. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-126- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Exceptional Long-Term Incentives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Restricted stock units, performance stock units or stock options may be granted from time to time to members of our management: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">who have made a significant contribution to the success of the company; or </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">who have made a significant contribution in relation to acquisitions and/or the achievement of integration benefits; or </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">to incentivize and retain senior leaders who are considered to be instrumental in achieving the company&#8217;s ambitious short or long-term growth agenda. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Vesting of such restricted stock units, performance stock units or stock options may be subject to achievement of performance conditions which will be related to the objectives of such exceptional grants. Such performance conditions may consist of financial metrics related to market conditions (e.g., relative or absolute TSR) or <span style="white-space:nowrap">non-market</span> conditions (e.g., EBITDA compounded annual growth rate). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Grants primarily take the form of restricted stock units or performance stock units. Any grant of exceptional long-term incentives to members of the Executive Committee and the senior leadership team is subject to Board approval, upon recommendation of the Remuneration Committee. For further details regarding exceptional long-term incentive stock options granted to members of the Executive Committee in 2025, please see &#8220;&#8212;Compensation of Directors and Executives&#8212;Long-Term Incentives&#8212;Exceptional Long-Term Incentives&#8221; below. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For instance, in March 2020, we granted an exceptional grant of 4,980,927 options to members of the Executive Committee as an exceptional long-term retention incentive (the &#8220;<span style="font-weight:bold">March 2020 Stock Option Incentive</span>&#8221;). The options vested in March 2025 and have a maturity of 10 years. For more details, see &#8220;&#8212;Share-Based Payment Plans&#8212;Options Owned by Executives.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Other Recurring Long-Term Incentive Programs </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Other recurring specific long-term incentive programs may be created. The following recurring long-term incentive programs are currently in place. </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">i.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Base Long-Term Restricted Stock Units Program: </span>This<span style="font-style:italic"> </span>program allows for the offer of restricted stock units to members of our senior management. In addition to the grant of annual long-term restricted stock units described above under &#8220; &#8212;Annual Long-Term Incentives&#8221;, under this program restricted stock units can be granted under <span style="white-space:nowrap">sub-plans</span> with specific terms and conditions and for specific purposes e.g., as a retention incentive or to compensate for assignments of expatriates in certain countries. In most cases, the restricted stock units vest after three or five years without a performance test and in the event of termination of service before the vesting date, specific forfeiture rules apply. The Board may set different vesting periods for specific <span style="white-space:nowrap">sub-plans</span> or introduce performance tests and post-vesting <span style="white-space:nowrap">lock-up</span> periods in line with the company&#8217;s high-performance culture and the creation of long-term sustainable value for its shareholders. Other than (i)&#160;the grants of annual long-term restricted stock units described below under &#8220; &#8212;Compensation of Directors and Executives&#8212;Long-Term Incentives&#8212;Annual Long-Term Incentive Restricted Stock Units&#8221; and (ii)&#160;the grants of restricted stock units described below under &#8220; &#8212;Compensation of Directors and Executives&#8212;Long-Term Incentives&#8212;Other Recurring Long-Term Restricted Stock Unit Programs&#8221;, no restricted stock units were granted under the program to members of the Executive Committee in 2025. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">ii.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Base Long-Term Performance Stock Units Program: </span>This<span style="font-style:italic"> </span>program allows for the offer of performance stock units to members of our senior management. In addition to the grant of annual long-term performance stock units described above under &#8220;&#8212;Annual Long-Term Incentives&#8221;, under this program, performance stock units can be granted under <span style="white-space:nowrap">sub-plans</span> with specific terms and conditions and for specific purposes, e.g., as a retention incentive or to compensate for assignments of expatriates in certain countries. In most cases, the performance stock units vest after three or five years with a similar performance period and in the event of termination of service before the vesting date, specific forfeiture rules apply. The Board may set different vesting periods for specific <span style="white-space:nowrap">sub-plans</span> or introduce post-vesting <span style="white-space:nowrap">lock-up</span> periods and set other absolute or relative performance tests in line with the company&#8217;s high-performance culture and the creation of long-term sustainable value for its shareholders. Other than the grants of annual long-term performance stock units described below under &#8220;&#8212;Compensation of Directors and Executives&#8212;Long-Term Incentives&#8212;Annual Long-Term Incentive Performance Stock Units&#8221;, no performance stock units were granted under the program to members of the Executive Committee in 2025. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-127- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="width:5%;vertical-align:top;text-align:left">iii.</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="font-style:italic">Share Purchase Program</span>: This program allows certain employees to purchase our shares at a discount. This program is a long-term retention incentive (i)&#160;for high-potential employees or (ii)&#160;for newly hired employees. A voluntary investment in our shares by the participating employee is matched with a grant of up to three Matching RSUs for each share invested or, as the case may be, a number of matching shares corresponding to a fixed monetary value that depends on seniority level. The Matching RSUs vest after five years. In case of termination before the vesting date, specific forfeiture rules apply. Instead of restricted stock units, stock options may also be granted under this program with similar vesting and forfeiture rules. No shares under the program were purchased by members of the Executive Committee in 2025. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any grant of long-term restricted stock units, performance stock units or stock option incentives to members of the Executive Committee and/or senior leadership team is subject to Board approval, upon recommendation of the Remuneration Committee. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Ambev Exchange of Share-Ownership Program </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">From time to time certain of Ambev&#8217;s senior employees are transferred to us and vice versa. In order to encourage management mobility and promote alignment between our interests and the interests of these managers, our Board has approved a program that aims at facilitating the exchange by these senior employees of their Ambev shares into our shares (the &#8220;<span style="font-weight:bold">ABI/Ambev Exchange Program</span>&#8221;). Under the ABI/Ambev Exchange Program, Ambev shares can be exchanged for our shares based on the average share price of both the Ambev shares and our shares on the date the exchange is requested. A discount of 16.66% is granted in exchange for a five-year <span style="white-space:nowrap">lock-up</span> period for the shares and provided that the manager remains in service during this period. The discounted shares are forfeited in the event of termination of service before the end of the five-year <span style="white-space:nowrap">lock-up</span> period. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, no member of the Executive Committee participated in the ABI/Ambev Exchange Program. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Programs for Maintaining Consistency of Benefits Granted and Encouraging Global Mobility of Executives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">From time to time, certain senior employees move on international assignments within the AB InBev Group. To maintain consistency of benefits granted to senior employees and encourage international mobility while complying with applicable legal and tax obligations, the vesting conditions of unvested stock options or restricted stock units which are vesting within six months of an executive&#8217;s relocation may be lifted. The shares that result from the early exercise of options or the early vesting of restricted stock units must remain blocked until the end of the initial vesting period. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, no member of the Executive Committee participated in any of the company&#8217;s programs for maintaining consistency of benefits granted and for encouraging global mobility of executives. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Compensation of Directors and Executives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless otherwise specified, all compensation amounts in this section are gross of tax. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Board of Directors </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our directors receive fixed compensation in the form of annual fees and share-based compensation in the form of restricted stock units. Our Remuneration Committee recommends the level of remuneration for directors, including the Chair of the Board and directors sitting on one or more of the Board committees. These recommendations are subject to approval by our Board and, subsequently, by our shareholders at the annual general meeting. The Remuneration Committee benchmarks directors&#8217; compensation, from time to time, against peer companies with the assistance of an independent consulting firm. In addition, the Board sets and revises, from time to time, the rules and level of compensation for directors carrying out a special mandate or sitting on one or more of the Board committees and the rules for reimbursement of directors&#8217; business- related, <span style="white-space:nowrap"><span style="white-space:nowrap">out-of-pocket</span></span> expenses. See &#8220;&#8212;C. Board Practices&#8212;Information about Our Committees&#8212;The Remuneration Committee.&#8221; </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-128- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Board Compensation in 2025 </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed annual fee for our directors in 2025 amounted to EUR 75,000 (USD 84,271), except for the Chair of the Board and the Chair of the Audit Committee, whose fixed annual fees amounted to EUR 255,000 (USD 286,522) and EUR 127,500 (USD 143,261), respectively. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, a fixed annual retainer applied as follows: (a)&#160;EUR 28,000 (USD 31,461) for the Chair of the Audit Committee, EUR 14,000 (USD 15,731) for the other members of the Audit Committee, (c)&#160;EUR 14,000 (USD 15,731) for each of the Chairs of the Finance Committee, the Remuneration Committee and the Nomination Committee and (d)&#160;EUR 7,000 (USD 7,865) for each of the other members of the Finance Committee, the Remuneration Committee and the Nomination Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The share-based portion of the remuneration of the directors was granted in the form of restricted stock units corresponding to a fixed gross value of EUR 200,000 (USD 224,723). The Chair of the Board was granted restricted stock units corresponding to a fixed gross value of EUR 550,000 (USD 617,988) and the Chair of the Audit Committee was granted restricted stock units corresponding to a fixed gross value of EUR 350,000 (USD 393,265). Such restricted stock units will vest after five years and, upon vesting, will entitle their holders to one AB InBev share per restricted stock unit (subject to any applicable withholding). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We do not provide pensions, medical benefits, benefits upon termination or end of service or other benefit programs to directors. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below provides an overview of the fixed and share-based compensation that our directors received in 2025. <span style="font-style:italic"></span> </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom"><span style="font-weight:bold">Name</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number<br/>of Board<br/>meetings<br/>attended</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Annual fee<br/>for Board<br/>meetings</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Fees for<br/>Committee<br/>meetings</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Total fee</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>RSUs<br/>granted<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Martin J. Barrington</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">255,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">276,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,876</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lynne Biggar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">89,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michele Burns</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">127,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">49,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">176,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,284</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sabine Chalmers</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paul Cornet de Ways Ruart</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gr&#233;goire de Spoelberch</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">89,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Claudio Garcia</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">103,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paulo Lemann</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Salvatore Mancuso<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Nitin Nohria</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alejandro Santo Domingo</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Aradhana Sarin</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">89,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Heloisa Sicupira</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alexandre Van Damme</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dirk Van de Put</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">8</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">82,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">All directors as group</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">1,282,500</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">196,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">1,478,500</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,252</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Mr.&#160;Mancuso has waived his entitlement to any compensation for his services as director. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The following RSUs vested in 2025: </p></td></tr></table> <p style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">13,226 RSUs granted on 3&#160;June 2020 held by Mr.&#160;Barrington vested on 3&#160;June 2025, of which the market price on Euronext Brussels on the vesting date was EUR 61.94. </p></td></tr></table> <p style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">8,416 RSUs granted on 3&#160;June 2020 held by Ms.&#160;Burns vested on 3&#160;June 2025, of which the market price on Euronext Brussels on the vesting date was EUR 61.94. </p></td></tr></table> <p style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">4,807 RSUs granted on 3&#160;June 2020 held by each of Ms.&#160;Chalmers, Mr.&#160;Cornet de Ways Ruart, Mr.&#160;de Spoelberch, Mr.&#160;Garcia, Mr.&#160;Lemann,&#160;Mr.&#160;Santo Domingo and Mr.&#160;Van Damme&#160;vested on 3&#160;June 2025, of which the market price on Euronext Brussels on the vesting date was EUR 61.94. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-129- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Stock Options Held by Directors </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth, for each of our current directors, the number of LTI stock options they owned as of 31&#160;December 2025<sup style="font-size:75%; vertical-align:top">(1)</sup>. LTI options are no longer awarded to directors (last grant on 25&#160;April 2018). </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">LTI 26</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">LTI 25</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">LTI 24</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Total&#160;options</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom"><span style="font-weight:bold">Grant date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">25&#160;April&#160;2018</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">26&#160;April&#160;2017</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">27&#160;April&#160;2016</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom" rowspan="3">&#160;&#160;</td>
<td colspan="2" rowspan="3" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom" rowspan="3">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom"><span style="font-weight:bold">Vesting date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">25&#160;April 2023</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">26&#160;April 2022</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">27&#160;April 2021</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom"><span style="font-weight:bold">Expiry date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">24&#160;April 2028</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">25&#160;April 2027</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">26&#160;April 2026</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Martin J. Barrington</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lynne Biggar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michele Burns</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">25,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">25,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">25,500</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">76,500</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sabine Chalmers</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paul Cornet de Ways Ruart<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">45,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gr&#233;goire de Spoelberch<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">45,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Claudio Garcia<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paulo Lemann<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">45,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Salvatore Mancuso</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Nitin Nohria</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alejandro Santo Domingo</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">30,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Aradhana Sarin</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Heloisa Sicupira</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alexandre Van Damme<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">15,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">45,000</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dirk Van de Put</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">0</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Strike price (EUR)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">84.47</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">104.50</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">113.25</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">&#8212;&#8194;</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">At the annual shareholders&#8217; meeting of AB InBev on 30&#160;April 2014, all outstanding LTI warrants under our legacy LTI warrant plan were converted into LTI stock options, i.e., the right to purchase existing shares instead of the right to subscribe to newly issued shares (see &#8220;&#8212;Share-Based Payment Plans&#8212;LTI Plan Executives&#8212;Annual Long-Term Incentives&#8221;). All other terms and conditions of the existing grants under the LTI warrant plan remained unchanged. In 2025, no LTI stock options listed in the table above were exercised by directors. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">15,000 options granted on 29&#160;April 2015 at a strike price of EUR 133.10 held by each of Mr.&#160;Cornet de Ways Ruart, Mr.&#160;Spoelberch, Mr.&#160;Lemann and Mr.&#160;Van Damme expired on 28&#160;April 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Mr.&#160;Garcia does not hold stock options under the company&#8217;s former LTI Stock Option Plan Directors. However, he held certain stock options that were awarded to him in the past in his capacity as an executive of the company. These stock options expired on 21&#160;December 2025. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-130- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Restricted Stock Units Held by Directors </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth, for each of our current directors, the number of restricted stock units they owned as of 31&#160;December 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


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<td style="vertical-align:bottom"><span style="font-weight:bold">Grant Date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">28&#160;April<br/>2021</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">27&#160;April<br/>2022</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">26&#160;April<br/>2023</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">24&#160;April<br/>2024</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">30&#160;April<br/>2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom" rowspan="2">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of</span><br/><span style="font-weight:bold">RSUs<br/>owned<sup style="font-size:75%; vertical-align:top">(2)</sup></span></td>
<td style="vertical-align:bottom" rowspan="2">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom"><span style="font-weight:bold">Vesting Date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">28&#160;April<br/>2026</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">27&#160;April<br/>2027</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">26&#160;April<br/>2028</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">24&#160;April<br/>2029</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">30&#160;April<br/>2030</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Martin J. Barrington</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,093</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,572</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,589</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,187</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,876</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">50,317</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lynne Biggar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,294</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michele Burns</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,423</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,728</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,101</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,481</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,284</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">32,017</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sabine Chalmers</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paul Cornet de Ways Ruart</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gr&#233;goire de Spoelberch</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Claudio Garcia</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paulo Lemann</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Salvatore Mancuso<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Nitin Nohria</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,778</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alejandro Santo Domingo</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Aradhana Sarin</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,294</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Heloisa Sicupira</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,294</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alexandre Van Damme</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,667</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,842</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,484</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">18,287</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dirk Van de Put</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,703</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,294</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">All directors as group</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">42,185</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">44,194</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">43,562</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">61,104</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">59,252</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">250,297</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Mr.&#160;Mancuso has waived his entitlement to any type of remuneration, including share-based remuneration, relating to the exercise of his mandate in 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The following RSUs vested in 2025: </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">13,226 RSUs granted on 3&#160;June 2020 held by Mr.&#160;Barrington vested on 3&#160;June 2025, of which the market price on Euronext Brussels on the vesting date was EUR 61.94. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
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<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
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<tr>

<td style="width:77%"/>

<td style="vertical-align:bottom;width:11%"/>
<td/>

<td style="vertical-align:bottom;width:10%"/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>our&#160;shares<br/>held</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">% of our<br/>outstanding<br/>shares</span></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Martin J. Barrington</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Claudio Garcia</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michele Burns</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paul Cornet de Ways Ruart</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sabine Chalmers</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gr&#233;goire de Spoelberch</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Aradhana Sarin</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Salvatore Mancuso</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Paulo Lemann</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alejandro Santo Domingo</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-131- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<tr>

<td style="width:73%"/>

<td style="vertical-align:bottom;width:8%"/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"><span style="font-weight:bold">Number&#160;of<br/>our&#160;shares<br/>held</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">% of our<br/>outstanding<br/>shares</span></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Heloisa Sicupira</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dirk Van de Put</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Nitin Nohria</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Lynne Biggar</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alexandre Van Damme</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap;text-align:center">(*)</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<td style="vertical-align:bottom"><span style="font-weight:bold">TOTAL</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center"><span style="font-weight:bold">13.15&#160;million</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:center"><span style="font-weight:bold">&lt;1%</span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:2%;vertical-align:top;text-align:left">(*)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Each director owns less than 1% of our outstanding shares as of the most recent practicable date. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Executive Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The main elements of our executive remuneration are (i)&#160;a fixed-base salary, (ii)&#160;variable performance-related compensation (bonus), (iii) long-term incentives in the form of long-term restricted stock units, long-term performance stock units and/or long-term stock options, (iv)&#160;post-employment benefits and (v)&#160;other compensation. For the Chief Executive Officer, the award value of <span style="white-space:nowrap">on-target</span> variable remuneration (comprised of items (ii)&#160;and (iii) above) for 2025 could amount to up to 94% of his total <span style="white-space:nowrap">on-target</span> compensation, assuming all performance and other requirements are fully met. For the other members of the Executive Committee, the award value of <span style="white-space:nowrap">on-target</span> variable remuneration for 2025 could on average amount to up to 90% of their total <span style="white-space:nowrap">on-target</span> compensation, assuming all performance and other requirements are fully met. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In order to promote alignment with market practice, the total compensation of executives is reviewed against benchmarks on an annual basis. These benchmarks are collated by independent compensation consultants, in relevant industries and geographies. For benchmarking, a custom sample of over 20 global leading peer companies (the &#8220;<span style="font-weight:bold">Compensation</span> <span style="font-weight:bold">Peer Group</span>&#8221;) is used when available. For financial year 2026 and onwards, for benchmarking, the Board, upon recommendation of the Remuneration Committee, can adjust the Compensation Peer Group to 20 or fewer relevant peer companies. The Compensation Peer Group is comprised of companies with a similar size to us, with the majority of them belonging to the fast-moving consumer goods sector, and each shares a complex and diverse business model and operates in talent and labor markets similar to us. The Compensation Peer Group is set by the Remuneration Committee upon the advice of an independent compensation consultant, and may be revised from time to time. If Compensation Peer Group data is not available for a given role, data from Fortune 100 companies is used. Executives&#8217; total compensation at target is intended to be 10% above the third quartile. The Compensation Peer Group that was used as the benchmark for financial year 2025 was composed of the following companies: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:35%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:32%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:31%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td colspan="5" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">2025 Compensation Peer Group</p></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Accenture</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Johnson&#160;&amp; Johnson</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Oracle</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Altria</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Kraft Heinz</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">PepsiCo</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Apple</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">LVMH</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Philip Morris</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Coca-Cola</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">McDonald&#8217;s</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Procter&#160;&amp; Gamble</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Comcast</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Merck</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Starbucks</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">Diageo</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Microsoft</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Walt Disney</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">FedEx</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Nike</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center">IBM</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top;text-align:center">Omnicom</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Figures in this section may differ from the figures in the notes to our consolidated financial statements for the following reasons: (i)&#160;figures in this section are figures gross of tax, while figures in the notes to our consolidated financial statements are reported as &#8220;cost for the Company&#8221;; (ii) the split &#8220;short-term employee benefits&#8221; vs. &#8220;share-based compensation&#8221; in the notes to our consolidated financial statements does not necessarily correspond to the split &#8220;base salary&#8221; vs. &#8220;variable compensation&#8221; in this section. Short-term employee benefits in the notes to our consolidated financial statements include the base salary and the portion of the variable compensation </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-132- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
paid in cash. Share-based compensation includes the portion of the variable compensation paid in shares and certain <span style="white-space:nowrap">non-cash</span> elements, such as the fair value of the options granted, which is based on financial pricing models; and (iii)&#160;the scope for the reporting is different as the figures in the notes to our consolidated financial statements also contain the remuneration of executives who left during the year, while figures in this section only contain the remuneration of executives who were in service at the end of the reporting year. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our executive compensation and reward programs are overseen by our Remuneration Committee. It submits recommendations on the remuneration policies and individual remuneration packages for the Board of Directors, the Chief Executive Officer, the Executive Committee and the senior leadership team to the Board for approval. Its objective is that the CEO and members of the Executive Committee and senior leadership team are incentivized to achieve, and are compensated for, exceptional performance. It also promotes the maintenance and continuous improvement of the company&#8217;s compensation framework, which applies to all employees. Such compensation framework is based on meritocracy and a sense of ownership with a view to aligning the interests of its employees with the interests of all shareholders. The Remuneration Committee takes into account the compensation of the employees when preparing the remuneration policies applicable to the Board, the CEO and the other members of the Executive Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Particularly, the Remuneration Committee discusses and assesses key areas of remuneration policy for the wider workforce throughout the year, the annual bonus pool and resulting payments made to employees across the workforce and any material changes to the structure of workforce compensation. See &#8220;&#8212;C. Board Practices&#8212;Information about Our Committees&#8212;The Remuneration Committee.&#8221; In addition, the decision to approve the remuneration policy, prior to its submission to the shareholders&#8217; meeting, and the determination of the remuneration of the CEO and the other Executive Committee and senior leadership team members is vested with the Board upon recommendation of the Remuneration Committee. No member of the Executive Committee is at the same time a member of the Board of Directors. As regards the remuneration of the directors, all decisions are adopted by the shareholders&#8217; meeting. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our compensation system is designed to support our high-performance culture and the creation of long-term sustainable value for our shareholders. The goal of the system is to reward executives with market-leading compensation, which is conditional upon both our overall success and individual performance. It ensures alignment with shareholders&#8217; interests by strongly encouraging executive ownership of shares in our company and enables us to attract and retain the best talent at a global level. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless otherwise specified, the information and amounts in this section relate to the members of our Executive Committee as of 1&#160;January 2026. See &#8220;&#8212;A. Directors and Senior Management&#8212;Administrative, Management, Supervisory Bodies and Senior Management Structure.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Base Salary </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our executives&#8217; base salaries are intended to be aligned with <span style="white-space:nowrap">mid-market</span> levels for the appropriate market. <span style="white-space:nowrap">Mid-market</span> means that for a similar job in the market, 50% of companies in that market pay more and 50% of companies pay less. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, based on his employment contract, the Chief Executive Officer earned a fixed base salary of EUR&#160;1.36&#160;million (USD 1.53 million). The other members of our Executive Committee earned an aggregate base salary of EUR 1.99&#160;million (USD 2.24 million). </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Variable Performance-Related (Bonus) Compensation &#8211; Share-Based Compensation Plan </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The variable performance-related compensation (bonus) element of remuneration for members of our Executive Committee is aimed at rewarding executives&#8217; short- and long-term performance. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The target variable performance-related compensation (bonus) is expressed as a percentage of the market reference salary applicable to the executive. The <span style="white-space:nowrap">on-target</span> bonus percentage currently theoretically amounts to maximum 200% of the market reference salary for members of the Executive Committee and 340% for the Chief </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-133- </p>

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Executive Officer. Company performance below or above target will result in a bonus payout that is lower or higher than the theoretical <span style="white-space:nowrap">on-target</span> amount, subject to a cap. An additional incentive of 20% on a bonus amount may be awarded by the Remuneration Committee in the case of exceptional circumstances. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effective <span style="white-space:nowrap">pay-out</span> of variable performance-related compensation (bonus), if any, is directly correlated with performance, i.e., linked to the achievement of total company, business unit and individual targets, all of which are based on performance metrics. If executives do not achieve their individual target hurdle, no bonus is earned irrespective of whether the total company and/or relevant business units achieve their targets. If the total company and/or relevant business unit targets are not achieved, a limited portion of the bonus will be payable to executives if they achieve their individual target hurdle. For financial year 2026 and onwards, if both the total company and the relevant business units do not achieve their targets, no bonus is earned irrespective of whether individual target hurdles are achieved; and if (i)&#160;the total company targets are not achieved but the relevant business unit targets are, or (ii)&#160;the relevant business unit targets are not achieved but total company targets are, a limited portion of the bonus will be payable to executives if they achieve their individual target hurdle. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Board of Directors sets targets for eligibility to a bonus payout. Company and business unit targets are based on performance metrics which focus on <span style="white-space:nowrap">top-line</span> growth, profitability and long-term value creation. The metrics and the relative weight attributed to each of them are set by the Board annually taking into account the Company&#8217;s strategic priorities. The individual targets are derived from our <span style="white-space:nowrap">ten-year</span> plan which is the foundation of our strategy and which is defined by three strategic pillars: Lead and Grow the Category, Digitize and Monetize our Ecosystem and Optimize our Business. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the year ended 31&#160;December 2025, the performance metrics for the Executive Committee and their relative weights were: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Component</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Weight</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Performance Measures</p></td></tr>


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<td style="vertical-align:top">Company Targets</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">40%</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Organic EBITDA</td></tr>
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<td style="vertical-align:top">Business Unit Targets</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">30%</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Organic Volume (35%)</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Organic Cash Flow (35%)</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Organic EBITDA (30%)</p></td></tr>
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<td style="vertical-align:top">Individual Targets</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="white-space:nowrap;vertical-align:top;text-align:right">30%</td>
<td style="white-space:nowrap;vertical-align:top">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Targets based on the strategic pillars underlying our <span style="white-space:nowrap">10-year</span> plan</td></tr>
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<td style="vertical-align:top"><span style="font-weight:bold">Total</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:top"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:top;text-align:right"><span style="font-weight:bold">100%</span></td>
<td style="white-space:nowrap;vertical-align:top"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"/></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Individual performance targets of the Chief Executive Officer and other members of the Executive Committee may consist of financial and <span style="white-space:nowrap">non-financial</span> targets. Individual financial targets can, for example, be related to EBITDA, net revenue, capex, resource allocation and net debt ratios. Examples of individual <span style="white-space:nowrap">non-financial</span> targets include brand development, operations and innovation, sustainability, as well as compliance and ethics. Typical individual performance measures in the <span style="white-space:nowrap">non-financial</span> areas relate to employee engagement, talent pipeline, sustainability and compliance, and are linked to the achievement of the company&#8217;s strategic objectives. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The target achievement for each of the performance metrics and business and individual objectives is assessed by the Remuneration Committee on the basis of accounting and financial data and other objective criteria. A weighted performance score is translated into a payout curve with a cap, subject to a hurdle of achievement for individual targets. The hurdle is set at the minimum acceptable level of individual performance to trigger eligibility for a bonus <span style="white-space:nowrap">pay-out.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The variable performance-related compensation (bonus) is generally paid annually in arrears after publication of our full-year results, in or around March of the relevant year. In exceptional circumstances, the variable compensation may be paid out semi-annually at the discretion of the Board. In such cases, the first half of the variable compensation is paid shortly after publication of the half-year results, and the second half is paid after publication of the full-year results. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-134- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Executives receive their variable performance-related compensation (bonus) in cash but are encouraged to invest all or a portion of its value in company shares. For further details regarding the terms of the Share-Based Compensation Plan, please see &#8220;&#8212;Share-Based Payment Plans&#8212;Share-Based Compensation Plan&#8221; above. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Variable compensation (bonus) for performance in 2025 &#8211; To be Paid in March 2026 </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Based on its performance and results in 2025, the company partially achieved its aggregated company and business unit performance targets in 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the full year 2025, the Chief Executive Officer earned variable compensation of EUR 3.48&#160;million (USD 3.91 million). The other members of the Executive Committee earned aggregate variable compensation of EUR 2.88&#160;million (USD 3.23 million). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These bonus amounts are based on our company&#8217;s performance during the year 2025 and the executives&#8217; individual target achievements. The variable compensation will be paid in or around March 2026. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Variable compensation (bonus) for performance in 2024 &#8211; Paid in March 2025 </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth the number of voluntary shares purchased by, and Bonus RSUs granted to, the Chief Executive Officer and the other members of the Executive Committee in March 2025 under the Share-Based Compensation Plan in respect of the variable compensation (bonus) awarded for performance in 2024 as described in our Annual Report on <span style="white-space:nowrap">Form&#160;20-F&#160;for</span> the fiscal year ended 31&#160;December 2024. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:63%"/>

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<td/></tr>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Voluntary&#160;Shares<br/>Purchased</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Bonus&#160;RSUs&#160;Granted<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michel Doukeris (CEO)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">49,208</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">134,480</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">David Almeida</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,118</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">38,015</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">John Blood</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13,413</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">38,424</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Fernando Tennenbaum</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12,855</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">40,322</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Includes dividend equivalents granted in 2025. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Long-Term Incentives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic">Annual Long-Term Incentive Restricted Stock Units</span></span><span style="font-weight:bold"> </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 12&#160;December 2025, annual long-term restricted stock units for 2025 were granted to Michel Doukeris (116,324 RSUs), David Almeida (30,399 RSUs), John Blood (23,629 RSUs) and Fernando Tennenbaum (50,017 RSUs). These RSUs cliff vest over a three-year period (12&#160;December 2028). In the event the executive leaves the company before the vesting date, specific forfeiture rules apply. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic">Annual Long-Term Incentive Performance Stock Units </span></span><span style="font-weight:bold"> </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 12&#160;December 2025, annual long-term performance stock units were granted to Michel Doukeris (30,088 PSUs), David Almeida (8,719 PSUs), John Blood (7,918 PSUs) and Fernando Tennenbaum (13,077 PSUs) in respect of financial year 2025. These performance stock units cliff vest over a three-year period (12 December 2028). The number of shares to which holders of these performance stock units shall be entitled is subject to a hurdle and cap, and will depend on a performance test measuring the Company&#8217;s three-year TSR relative to the TSR realized for that period by the TSR Peer Group. In the event the executive leaves the company before the vesting date, specific forfeiture rules apply. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-135- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The below TSR Peer Group was used for performance stock units granted in respect of financial year 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:35%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:32%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:31%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td colspan="5" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">2025 TSR Peer Group</p></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">3M</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Heineken</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Procter&#160;&amp; Gamble</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">Altria</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Kraft Heinz</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Reckitt-Benckiser</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">Carlsberg</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Mondel&#275;z</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Starbucks</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">Coca-Cola</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Nestl&#233;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Unilever</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">Colgate-Palmolive</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">PepsiCo</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center">Diageo</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center">Philip Morris</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/></tr>
</table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Exceptional Long-Term Incentives </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025, no grants were made to members of the Executive Committee under an exceptional long-term incentives plan. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other Recurring Long-Term Restricted Stock Unit Programs </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 28&#160;March 2025, the following grants of restricted stock units were made to members of the Executive Committee as a long-term retention incentive under a <span style="white-space:nowrap">sub-plan</span> of the Base Long-Term Restricted Stock Units Program: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Restricted stock units were granted to Michel Doukeris (132,098 RSUs) and Fernando Tennenbaum (33,025 RSUs). These restricted stock units cliff vest over a five-year period (28 March 2030). Upon vesting, each restricted stock unit entitles its holder to acquire one share. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">Restricted stock units with a performance test were granted to Michel Doukeris (634,072 RSUs) and Fernando Tennenbaum (132,098 RSUs). These restricted stock units cliff vest over a five-year period (28 March 2030) and are subject to the achievement of a performance test measuring the five-year absolute TSR of the company. Upon vesting, the number of shares to which the holders of the restricted stock units shall be entitled will depend on the level of achievement of this performance test, subject to a hurdle and a cap. Such shares shall be subject to a <span style="white-space:nowrap">two-year</span> <span style="white-space:nowrap">lock-up</span> period following vesting. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the event the executive leaves the company before the vesting date, specific forfeiture rules apply. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Post-Employment Benefits </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We sponsor various post-employment benefit plans worldwide. These include pension plans, both defined contribution plans and defined benefit plans, and other post-employment benefits. See note 23 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for further details on our employee benefits. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Chief Executive Officer and other members of the Executive Committee participate in a defined contribution plan. The contribution under the Chief Executive&#8217;s plan for the Chief Executive Officer amounted to approximately USD 0.23&#160;million in 2025. The contributions for other members of the Executive Committee amounted to approximately USD 0.05&#160;million in the aggregate in 2025. See note 31 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-136- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Other Compensation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also provide executives with disability, life, medical (including vision and dental) and Group Variable Universal Life (GVUL) insurance and perquisites and other benefits that are competitive with market practice in the markets where such executives are employed. In 2025, the costs of these benefits amounted to approximately USD 0.03&#160;million for the Chief Executive Officer and approximately USD 0.06&#160;million in aggregate for the other members of the Executive Committee. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Employment Agreements and Termination Arrangements </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Terms and conditions of employment of the members of our Executive Committee are included in individual employment agreements, which are for an indefinite period of time. Executives are also required to comply with our policies and codes such as the Code of Business Conduct and Code of Dealing and are subject to exclusivity, confidentiality and <span style="white-space:nowrap">non-compete</span> obligations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The employment agreement typically provides that the executive&#8217;s eligibility for payment of variable compensation is determined exclusively on the basis of the achievement of corporate and individual targets to be set by us. The specific conditions and modalities of the variable compensation are fixed by us in a separate plan which is approved by the Remuneration Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The termination arrangements for the members of the Executive Committee provide for a termination indemnity of 12 months of remuneration including variable compensation in case of termination without cause. The variable compensation for purposes of the termination indemnity shall be calculated as the average of the variable compensation paid to the executive for the last two years of employment prior to the year of termination. In addition, if we decide to impose upon the executive a <span style="white-space:nowrap">non-compete</span> restriction of 12 months, the executive shall be entitled to receive an additional indemnity of six months, subject to applicable laws and regulations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Michel Doukeris was appointed to serve as our Chief Executive Officer starting as of 1&#160;July 2021. In the event of termination of his employment other than on the grounds of serious cause, he is entitled to a termination indemnity of 12 months of remuneration, including variable compensation as described above. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Reclaim of Variable Compensation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our share-based compensation and long-term incentive plans contain a <span style="font-style:italic">malus </span>provision for all grants made since March 2019. Such provision provides that the restricted stock units, performance stock units and/or stock options granted to an executive will automatically expire and become null and void in the scenario where the executive is found by the Global Ethics and Compliance Committee to be (i)&#160;responsible for a material breach of our Code of Business Conduct; or (ii)&#160;subject to a material adverse court or administrative decision, in each case in the period before the vesting of the restricted stock units or performance stock units or exercise of the stock options. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, a clawback policy applies to incentive-based compensation received by certain executives (which currently comprise the members of the Executive Committee). Under this policy, &#8220;incentive-based compensation&#8221; is defined broadly to include any compensation that is granted, earned, or vested based wholly or in part upon the attainment of a financial reporting measure (e.g. variable performance-related compensation (bonus) and annual long-term incentive performance stock units (PSUs)). The policy provides that in the event the company is required to prepare an accounting restatement of its financial statements due to the company&#8217;s material noncompliance with any financial reporting requirements under the applicable securities laws, the company will recover (on a <span style="white-space:nowrap">pre-tax</span> basis) from the relevant executives any incentive-based compensation received by such executives on or after 2&#160;October 2023 and during the three fiscal years preceding the date the restatement was required that exceeds the amount of incentive-based compensation that otherwise would have been received had such incentive-based compensation been determined according to the applicable accounting restatement, subject to limited exceptions. The recovery of such compensation applies regardless of whether any misconduct occurred and without regard to whether an executive engaged in misconduct or otherwise caused or contributed to the requirement for a restatement. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-137- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Options Owned by Executives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth the number of LTI stock options and matching options owned by the members of our Executive Committee in aggregate as of 31&#160;December 2025 under the LTI Plan Executives. Members of our Executive Committee do not hold any warrants or stock options relating to our shares under our other incentive plans<span style="font-style:italic">. </span> </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:41%"/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/>

<td style="vertical-align:bottom;width:1%"/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Program<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Options<br/>held in<br/>aggregate<br/>by our<br/>Executive<br/>Committee</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Strike<br/>price<br/></span><span style="font-style:italic">(EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Grant date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Vesting date</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Expiry date</span></td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(3)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">121.95</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December&#160;2015</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December&#160;2020</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">30&#160;November&#160;2025</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(4)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">113.00</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">22&#160;December&#160;2015</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">22&#160;December&#160;2020</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">21&#160;December 2025</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">36,728</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98.04</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2016</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2021</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">30&#160;November 2026</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">75,756</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98.85</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">20&#160;January 2017</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">20&#160;January 2022</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">19&#160;January 2027</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,112</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">96.70</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2017</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2022</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">30&#160;November 2027</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">146,486</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">94.36</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">22&#160;January 2018</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">22&#160;January 2023</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">21&#160;January 2028</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">306,794</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">65.70</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">25&#160;January 2019</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">25&#160;January 2024</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">24&#160;January 2029</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LTI Plan 2009</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">377,402</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">71.87</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">2&#160;December 2019</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">2&#160;December 2024</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2029</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Long Run Stock Options Incentive Plan<sup style="font-size:75%; vertical-align:top">(</sup><sup style="font-size:75%; vertical-align:top">5)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(6)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">96.70</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;December 2017</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">1&#160;January 2028</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">31&#160;December 2032</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">March 2020 Stock Option Incentive<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,980,927</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(8)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">40.40</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">25&#160;March 2020</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">25&#160;March 2025</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap">24&#160;March 2030</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">No options were exercised by members of the Executive Committee in 2025.<span style="font-style:italic"> </span> </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Options granted under an annual long-term incentive plan. See &#8220;&#8212;Share-Based Payment Plans&#8212;LTI Plan Executives&#8212;Annual Long-Term Incentives.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">12,977, 11,471 and 11,587 options held by David Almeida, Fernando Tennenbaum and John Blood, respectively, expired on 30&#160;November 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(4)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">47,823 options held by John Blood expired on 21&#160;December 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(5)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Options granted under an exceptional long-term incentive plan. See &#8220;&#8212;Share-Based Payment Plans&#8212;LTI Plan Executives&#8212;Exceptional Long-Term Incentives.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(6)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">1,001,252, 500,626, 500,626 and 500,626 options held by Michel Doukeris, David Almeida, Fernando Tennenbaum and John Blood, respectively, lapsed in 2025. The exercisability of these options was subject, among other things, to the condition that the company met a performance test. This performance test was based on an organic EBITDA compounded annual growth rate target, which was not met. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(7)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Options granted under an exceptional long-term incentive plan. The options cliff vest five years after the grant date and have a maturity of 10 years. Specific forfeiture rules apply if the employee leaves the company before the vesting date. See &#8220;&#8212;Share-Based Payment Plans&#8212;LTI Plan Executives&#8212;Exceptional Long-Term Incentives.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(8)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">1,423,122, 1,423,122, 1,423,122 and 711,561 options held by Michel Doukeris, David Almeida, Fernando Tennenbaum and John Blood, respectively, vested on 25&#160;March 2025 with an exercise price of EUR 40.40. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-138- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Restricted Stock Units Owned by Executives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth the number of restricted stock units owned by the members of our Executive Committee in aggregate as of 31&#160;December 2025<sup style="font-size:75%; vertical-align:top">(1)(2)</sup>. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:46%"/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:4%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Program</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">RSUs&#160;held&#160;in<br/>aggregate&#160;by&#160;our<br/>Executive&#160;Committee</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Grant date</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Vesting date</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Performance-Based RSUs<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(2)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;August&#160;2018</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;August&#160;2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(4)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2&#160;March 2020</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">RSUs<sup style="font-size:75%; vertical-align:top">(5)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(6)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25&#160;March 2020</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">25&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(8)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December&#160;2020</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December&#160;2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27,565</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13&#160;December 2021</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13&#160;December 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(9)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">72,771</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(9)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">327,635</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(10)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December 2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">263,534</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6&#160;March 2023</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6&#160;March 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">121,550</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11&#160;December 2023</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11&#160;December 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">200,856</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2024</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1&#160;March 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">495,661</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16&#160;December 2024</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16&#160;December 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share Based Compensation Plan<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">251,241</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">RSUs<sup style="font-size:75%; vertical-align:top">(5)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">191,542</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2030</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Performance-Based RSUs<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">766,170</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">28&#160;March 2030</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term RSUs<sup style="font-size:75%; vertical-align:top">(7)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">220,369</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12&#160;December 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12&#160;December 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Restricted stock units granted under the Performance-Based Restricted Stock Units Program, which allowed for the offer of performance-based restricted stock units (&#8220;<span style="font-weight:bold">Performance RSUs</span>&#8221;) to certain members of our management. Upon vesting, each Performance RSU gives the eligible employee the right to receive one existing Ordinary Share. The Performance RSUs have a vesting period of five years or ten years. The shares resulting from the vesting of the Performance RSUs will only be delivered provided a performance test is met by the company. Specific forfeiture rules apply if the employee leaves the company before the vesting date or if the performance test is not achieved by a certain date. As of 1&#160;December 2020, this program has been replaced by the Base Long-Term Restricted Stock Units Plan. See &#8220;&#8212;Share-Based Payment Plans&#8212;Other Recurring Long-Term Restricted Stock Unit Programs.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">56,946 Performance RSUs held by John Blood lapsed in 2025. The vesting of these Performance RSUs was subject, among other things, to the condition that the company met a performance test. This performance test was based on an organic EBITDA compounded annual growth rate target, which was not met. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Restricted stock units granted under the Share Based Compensation Plan. See &#8220;&#8212;Share-Based Payment Plans&#8212;Share Based Compensation Plan from 2010.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(4)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">11,233 restricted stock units held by John Blood vested on 2&#160;March 2025, of which the market price on Euronext Brussels on the vesting date was EUR 57.64. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(5)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Restricted stock units granted under the Restricted Stock Units Program, which allowed for the offer of restricted stock units to certain employees in certain specific circumstances e.g., as a special retention incentive or to compensate for assignments of expatriates in certain countries. The restricted stock units vest after five years and in the case of termination of service before the vesting date, specific forfeiture rules apply. As of 1&#160;December 2020, this program has been replaced by the Base Long-Term Restricted Stock Units Plan. See &#8220;&#8212;Share-Based Payment Plans&#8212;Other Recurring Long-Term Restricted Stock Unit Programs.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(6)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">482,689, 482,689, 120,671 and 241,343 restricted stock units held by Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, vested on 25&#160;March 2025, of which the market price on Euronext Brussels on the vesting date was EUR 57.04. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-139- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(7)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Long-term restricted stock units granted under the Base Long-Term Restricted Stock Units Program. See &#8220;&#8212;Share-Based Payment Plans&#8212;Annual Long-Term Incentives&#8221; and &#8220;&#8212;Other Recurring Long-Term Restricted Stock Unit Programs.&#8221; </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(8)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">17,283, 7,681, 6,400 and 6,400 restricted stock units held by Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, vested on 14&#160;December 2025, of which the market price on Euronext Brussels on the vesting date was EUR 54.14. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(9)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">251,604, 40,563, 48,926 and 51,572 restricted stock units held by Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, vested on 1&#160;March 2025, of which the market price on Euronext Brussels on the vesting date was EUR 57.64. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(10</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">254,817, 41,560, 32,304 and 45,484 restricted stock units held by Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, vested on 14&#160;December 2025, of which the market price on Euronext Brussels on the vesting date was EUR 54.14. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Performance Stock Units Owned by Executives </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth the number of performance stock units owned by the members of our Executive Committee in aggregate as of 31&#160;December 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:84%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:43%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:5%"/>
<td/>
<td/>
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<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Program</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">PSUs&#160;held&#160;in&#160;aggregate<br/>by our Executive<br/>Committee</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Grant date</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Vesting date</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term PSUs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom"><sup style="font-size:75%; vertical-align:top">(1)</sup>&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December&#160;2022</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14&#160;December&#160;2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term PSUs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">34,492</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11&#160;December 2023</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11&#160;December 2026</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term PSUs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">136,533</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16&#160;December 2024</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16&#160;December 2027</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Annual Long-Term PSUs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59,802</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12&#160;December 2025</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">12&#160;December 2028</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">65,456, 11,920, 10,825 and 13,172 performance stock units held by Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, vested on 14&#160;December 2025. The relative TSR of the Company in USD over the performance period placed the Company in the third quartile of the TSR Peer Group and generated a payout of 150% in accordance with the PSU vesting scale. Hence, a resulting 98,183, 17,880, 16,237 and 19,757 shares were delivered to Michel Doukeris, David Almeida, John Blood and Fernando Tennenbaum, respectively, prior to tax withholdings. The market price on Euronext Brussels on the vesting date was EUR 54.14. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Executive Share Ownership </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Board has set a minimum threshold of shares of the company to be held at any time by the CEO at two years of base salary (gross), and at one year of base salary (gross) for the other members of the Executive Committee. Newly appointed Executive Committee members have three years to reach such threshold following the date of their appointment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets forth, as of the most recent practicable date, the number of our shares owned by the members of the Executive Committee serving in 2025: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:73%"/>

<td style="vertical-align:bottom;width:13%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:12%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number&#160;of&#160;our<br/>shares held</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">% of our<br/>outstanding<br/>shares</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Michel Doukeris &#8211; CEO</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">David Almeida</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">John Blood</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Fernando Tennenbaum</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(</td>
<td style="white-space:nowrap;vertical-align:bottom">*)&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">TOTAL</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:center">1.84&#160;million</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:center">&lt;1%</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(*)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Each member of our Executive Committee serving in 2025 owns less than 1% of our outstanding shares as of the most recent practicable date. </p></td></tr></table>
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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_35"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">BOARD PRACTICES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">General </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our directors are appointed by our shareholders&#8217; meeting, which sets their remuneration and term of mandate. Their appointment is published in the Belgian Official Gazette (Moniteur belge). No service contract is concluded between us and our directors with respect to their Board mandate. Our Board also may request a director to carry out a special mandate or assignment. In such case, a special contract may be entered into between us and the respective director. For details of the current directors&#8217; terms of office, see &#8220;&#8212;A. Directors and Senior Management&#8212;Board of Directors &#8212;Role and Responsibilities, Composition, Structure and Organization.&#8221; We do not provide pensions, medical benefits or other benefit programs to directors. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Information about Our Committees </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">General </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board is assisted by four committees: the Audit Committee, the Finance Committee, the Remuneration Committee and the Nomination Committee. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The existence of the Committees does not affect the responsibility of our Board. Board committees meet to prepare matters for consideration by our Board. By exception to this principle, (i)&#160;the Remuneration Committee may make decisions on individual compensation packages, other than with respect to our Chief Executive Officer, our Executive Committee and our senior leadership team (which are submitted to our Board for approval) and on performance against targets, and (ii)&#160;the Finance Committee may make decisions on matters specifically delegated to it under our Corporate Governance Charter, in each case without having to refer to an additional Board decision. Each of our Committees operates under typical rules for such committees under Belgian law, including the requirement that a majority of the members must be present for a valid quorum and decisions are taken by a majority of members present. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The Audit Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Audit Committee consists of a minimum of three voting members. The Audit Committee&#8217;s Chair and the Committee members are appointed by the Board from among the <span style="white-space:nowrap">non-executive</span> directors. The Chair of the Audit Committee is not the Chair of the Board. A majority of the members of our Audit Committee are independent directors according to our Corporate Governance Charter (see &#8220;&#8212;A. Directors and Senior Management&#8212;Board of Directors&#8212;Role and Responsibilities, Composition, Structure and Organization&#8221;). Each of them is independent under Rule <span style="white-space:nowrap">10A-3</span> under the Exchange Act. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Chief Executive Officer, Chief Legal and Corporate Affairs Officer and Chief Financial Officer are invited to the meetings of the Audit Committee, unless the Chair or a majority of the members decide to meet in closed session. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The current members of the Audit Committee are M. Michele Burns (Chair), Martin J. Barrington, Lynne Biggar and Aradhana Sarin. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board of Directors has determined that M. Michele Burns and Aradhana Sarin are &#8220;audit committee financial experts&#8221; as defined in Item&#160;16A of <span style="white-space:nowrap">Form&#160;20-F</span> under the Exchange Act. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Audit Committee assists our Board in its responsibility for oversight of (i)&#160;the integrity of our financial statements, (ii)&#160;our compliance with legal and regulatory requirements, (iii)&#160;the statutory auditors&#8217; qualification and independence, and (iv)&#160;the performance of the statutory auditors and our internal audit function. The Audit Committee is entitled to review information on any point it wishes to verify, and is authorized to acquire such </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-141- </p>

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information from any of our employees. The Audit Committee is directly responsible for the appointment, compensation, retention and oversight of the statutory auditor. It also establishes procedures for confidential complaints regarding questionable accounting or auditing matters. It is also authorized to obtain independent advice, including legal advice, if this is necessary for an inquiry into any matter under its responsibility. It is entitled to call on the resources that will be needed for this task. It is entitled to receive reports directly from the statutory auditor, including reports with recommendations on how to improve our control processes. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Audit Committee holds as many meetings as necessary with a minimum of four per year. Paul Cornet de Ways Ruart and Heloisa Sicupira attend Audit Committee meetings as <span style="white-space:nowrap">non-voting</span> observers. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The Finance Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Finance Committee consists of at least three, but no more than seven, members appointed by the Board. The Board appoints a Chair and, if deemed appropriate, a Vice-Chair from among the Finance Committee members. The Chief Executive Officer and the Chief Financial Officer are invited ex officio to the Finance Committee meetings unless explicitly decided otherwise. Other employees are invited on an ad hoc basis as deemed useful. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The current members of the Finance Committee are Gr&#233;goire de Spoelberch (Chair), Paulo Alberto Lemann, M. Michele Burns, Paul Cornet de Ways Ruart, Alejandro Santo Domingo, Nitin Nohria, and Salvatore Mancuso. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Corporate Governance Charter requires the Finance Committee to meet at least four times a year and more often if deemed necessary by its Chair or at least two of its members. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Finance Committee assists the Board in fulfilling its oversight responsibilities in the areas of corporate finance, risk management, treasury controls, mergers and acquisitions, tax, pension plans, financial communication and stock market policies and all other related areas as deemed appropriate. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The Remuneration Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Remuneration Committee consists of three members appointed by the Board, all of whom are <span style="white-space:nowrap">non-executive</span> directors. The Chair of the Remuneration Committee is a representative of the controlling shareholders and the other two members meet the requirements of independence as established in our Corporate Governance Charter and by Belgian company law. The Chair of our Remuneration Committee would not be considered independent under NYSE rules, and, therefore, our Remuneration Committee would not be in compliance with the NYSE Corporate Governance Standards for domestic issuers in respect of independence of compensation committees. The Chief Executive Officer and the Chief People Officer are invited ex officio to the meetings of the Committee unless explicitly decided otherwise. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The current members of the Remuneration Committee are Claudio Garcia (Chair), M. Michele Burns and Dirk Van de Put. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Remuneration Committee meets at least four times a year, and more often if required, and can be convoked by its Chair or at the request of at least two of its members. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Remuneration Committee&#8217;s principal role is to guide the Board with respect to all its decisions relating to the remuneration policies for the Board, the Chief Executive Officer, the Executive Committee and the senior leadership team, and on their individual remuneration packages. Its objective is that the Chief Executive Officer and members of the Executive Committee and senior leadership team are incentivized to achieve, and are compensated for, exceptional performance. The Committee also promotes the maintenance and continuous improvement of our company&#8217;s compensation policy, which applies to all employees. Such compensation framework is based on meritocracy and a sense of ownership with a view to aligning the interests of employees with the interests of shareholders. The Remuneration Committee takes into account the compensation of the employees when preparing the remuneration policy applicable to the directors, the Chief Executive Officer and the other members of the Executive Committee and senior leadership team. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-142- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In certain exceptional circumstances, the Remuneration Committee or its appointed designees, together with the approval of the Board, may grant limited waivers from <span style="white-space:nowrap">lock-up</span> requirements under the share-based payment plans, provided that adequate protections are implemented to ensure that the commitment to hold shares remains respected until the original termination date. These exceptional circumstances cover situations in which the waivers are necessary to serve the long-term interests and sustainability of the company as a whole or to assure its viability. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The Nomination Committee </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Nomination Committee consists of six members appointed by the Board. They include the Chair of the Board and the Chair of the Remuneration Committee. Four of the six Committee members are representatives of the controlling shareholders. These four members of our Nomination Committee would not be considered independent under NYSE rules, and therefore our Nomination Committee would not be in compliance with the NYSE Corporate Governance Standards for domestic issuers in respect of independence of nominating committees. The Chief Executive Officer and the Chief People Officer are invited ex officio to attend the meetings of the Nomination Committee unless explicitly decided otherwise. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The current members of the Nomination Committee are Claudio Garcia (Chair), Martin J. Barrington, Sabine Chalmers, M. Michele Burns, Heloisa Sicupira and Alexandre Van Damme. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Nomination Committee&#8217;s principal role is to guide the Board succession process. The Nomination Committee identifies persons qualified to become Board members and recommends director candidates for nomination by the Board and election at the shareholders&#8217; meeting. The Nomination Committee also guides the Board with respect to all its decisions relating to the appointment and retention of key talent within our company. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_36"><span style="font-weight:bold">D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EMPLOYEES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, we employed approximately 137,000 employees as compared to approximately 144,000 as of 31&#160;December 2024. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Overview of Employees per Business Segment </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The table below sets out the number of full-time employees at the end of each relevant period in our business segments. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">As of 31&#160;December</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2023<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">North America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">15,449</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">16,492</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">17,950</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Middle Americas</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">43,085</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">45,630</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">48,069</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">South America</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">32,931</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">34,639</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">36,267</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">EMEA</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,264</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19,979</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21,011</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asia Pacific</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20,908</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">21,483</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">24,992</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Global Export and Holding Companies</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,168</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,662</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,251</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">136,805</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">143,885</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">154,540</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">The number of our employees fluctuates over the years based on a number of factors, including the performance of our different markets, business combinations (including divestitures) and our continued efforts to improve productivity and efficiency across our operations. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-143- </p>

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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Employee Compensation and Benefits </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To support our culture that recognizes and values results, we offer employees competitive salaries benchmarked to fixed <span style="white-space:nowrap">mid-market</span> local salaries, combined with variable incentive schemes based on individual performance and performance of the business entity in which they work. Senior employees above a certain level are eligible for the Share-Based Compensation Plan. See &#8220;&#8212;B. Compensation&#8212;Share-Based Payment Plans&#8212;Share- Based Compensation Plan&#8221; and &#8220;&#8212;B. Compensation&#8212;Compensation of Directors and Executives&#8212;Executive Committee&#8221;. Depending on local practices, we offer employees and their family members pension plans, life insurance, medical, dental and optical insurance, <span style="white-space:nowrap"><span style="white-space:nowrap">death-in-service</span></span> insurance and illness and disability insurance. Some of our countries have tuition reimbursement plans and employee assistance programs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Labor Unions </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Many of our hourly employees across our business segments are represented by unions, with a variety of collective bargaining agreements in place. Generally, relationships between us and the unions that represent our employees are good. See &#8220;Item&#160;3. Key Information&#8212;D. Risk Factors&#8212;Risks Relating to Our Business&#8212;We are exposed to risks arising from labor practices, labor strikes and disputes that could lead to a negative impact on our costs and production level.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In Europe, collective bargaining occurs at the local and/or national level in all countries with union representation for our employees. The degree of membership in unions varies from country to country, with Belgium and Germany, for example, having a high proportion of membership. A European Workers Council has been established since 1996 to promote social dialogue and to exchange opinions at a European level. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In Mexico, over 45% of our employees are union members. Our collective bargaining agreements are negotiated and executed separately for each facility or distribution center. They are periodically reviewed with the unions as mandated by Mexican Labor Law (i.e., yearly revisions of salary, benefits and salary revisions every two years). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All of our employees in Brazil are represented by labor unions, but less than 5% of our employees in Brazil are actually members of labor unions. The number of administrative and distribution employees who are members of labor unions is not significant. Salary negotiations are conducted annually between the workers&#8217; unions and us. Collective bargaining agreements are negotiated separately for each facility or distribution center. Our Brazilian collective bargaining agreements have a term of one or two years, and we usually enter into new collective bargaining agreements on or prior to the expiration of the existing agreements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A majority of our brewery and distribution employees in Canada are represented by labor unions. The number of administrative employees who are members of labor unions is not significant. Salary negotiations are conducted through collective bargaining agreements between the workers&#8217; unions and us. Collective bargaining agreements are generally negotiated separately for each facility or distribution center. Our Canadian collective bargaining agreements have a term of three to seven years, and we generally enter into new collective bargaining agreements on or prior to the expiration of existing agreements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our United States organization has approximately 5,100 hourly brewery workers represented predominantly by the International Brotherhood of Teamsters, but also by other unions with respect to specific classifications of employees at certain locations.&#160;Their compensation and other terms of employment are governed by collective bargaining agreements negotiated between us and their respective unions. The collective bargaining agreement between us and the Teamsters is in effect from 1&#160;March 2024 through 28&#160;February 2029. Approximately 1,150 hourly employees at certain company-owned distributorships and packaging plants are also represented by the Teamsters or other unions. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_37"><span style="font-weight:bold">E.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SHARE OWNERSHIP </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For a discussion of the share ownership of our directors and executives, as well as arrangements involving our employees in our capital, see &#8220;&#8212;B. Compensation.&#8221; </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-144- </p>

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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_38"><span style="font-weight:bold">F.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DISCLOSURE OF A REGISTRANT&#8217;S ACTION TO RECOVER ERRONEOUSLY AWARDED COMPENSATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_39"><span style="font-weight:bold">ITEM&#8201;7.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_40"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MAJOR SHAREHOLDERS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Shareholding Structure </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table shows our shareholding structure as at 31&#160;December 2025 based on (i)&#160;transparency declarations made by shareholders who are compelled to disclose their shareholdings pursuant to the Belgian Law of 2&#160;May 2007 on the notification of significant shareholdings and the articles of association of the company, (ii)&#160;notifications made by such shareholders to the company on a voluntary basis on or prior to 31&#160;December 2025 for the purpose of updating the above information, (iii)&#160;notifications received by the company in accordance with Regulation (EU) No 596/2014, as amended, of the European Parliament and of the Council of 16&#160;April 2014 and (iv)&#160;information included in public filings with the SEC. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The first ten entities mentioned in the table act in concert (it being understood that (i)&#160;the first nine entities act in concert within the meaning of article 3, &#167;1, 13&#186; of the Belgian Law of 2&#160;May 2007 on the notification of significant shareholdings, and (ii)&#160;the tenth entity acts in concert with the first nine entities within the meaning of article 3, &#167;2 of the Belgian Law of 1&#160;April 2007 on public takeover bids) and hold, as per (i)&#160;the most recent notifications received by us and the Financial Services and Markets Authority (&#8220;<span style="font-weight:bold">FSMA</span>&#8221;) in accordance with (a)&#160;article 6 of the Belgian Law of 2&#160;May 2007 on the notification of significant shareholdings or (b)&#160;Regulation (EU) No 596/2014, as amended, of the European Parliament and of the Council of 16&#160;April 2014, and (ii)&#160;notifications to the company made on a voluntary basis on or prior to 31&#160;December 2025, in aggregate, 770,477,603 Ordinary Shares, representing 39.50% of the voting rights attached to the shares outstanding as of 31&#160;December 2025 excluding the 68,489,754 treasury shares held by us and certain of our subsidiaries. Pursuant to our articles of association, shareholders are required to notify us as soon as the amount of securities held giving voting rights respectively exceeds or falls below a 3% threshold and a 7.5% threshold. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr>

<td style="width:72%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Major shareholders</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>shares</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">% of voting<br/>rights&#160;attached<br/>to our<br/>outstanding<br/>shares&#160;held<sup style="font-size:75%; vertical-align:top">(9)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Holders of Ordinary Shares</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Stichting Anheuser-Busch InBev, </span>a stichting incorporated under Dutch law (the &#8220;<span style="font-weight:bold">Stichting</span>&#8221;)<sup style="font-size:75%; vertical-align:top">(1)(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">663,074,832</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">33.99</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">EPS Participations S.&#224;.R.L,</span> a company incorporated under Luxembourg law, affiliated with Eug&#233;nie Patri S&#233;bastien (EPS) S.A., its parent company<sup style="font-size:75%; vertical-align:top">(2)(3)(5)</sup> (&#8220;<span style="font-weight:bold">EPS Participations</span>&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">67,233,331</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3.45</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">EPS S.A.,</span> a company incorporated under Luxembourg law, affiliated with the Stichting that it jointly controls with BRC S.&#224;.R.L<sup style="font-size:75%; vertical-align:top">(2)(3)(5)</sup> (&#8220;EPS&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">99,999</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.01</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">BRC S.&#225;.R.L.,</span> a company incorporated under Luxembourg law, affiliated with the Stichting that it jointly controls with EPS<sup style="font-size:75%; vertical-align:top">(2)(4)</sup> (&#8220;BRC&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">27,277,361</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1.40</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Rayvax Soci&#233;t&#233; d&#8217;Investissements SA</span>, a company incorporated under Belgian law (&#8220;<span style="font-weight:bold">Rayvax</span>&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">50,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.00</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Fonds Verhelst SC</span>, a company with a social purpose incorporated under Belgian law</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.00</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Fonds Voorzitter Verhelst SC</span>, a company with a social purpose incorporated under Belgian law, affiliated with Fonds Verhelst SC, which controls it</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6,997,665</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.36</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Stichting Fonds InBev-Baillet Latour</span>, a stichting incorporated under Dutch law</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.00</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-145- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:71%"/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:7%"/>
<td/>
<td/>
<td/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Major shareholders</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Number of<br/>shares</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">% of voting<br/>rights&#160;attached<br/>to our<br/>outstanding<br/>shares&#160;held<sup style="font-size:75%; vertical-align:top">(9)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Fonds Baillet Latour SC</span>, a company incorporated under Belgian law, affiliated with Stichting Fonds InBev-Baillet Latour, which controls it<sup style="font-size:75%; vertical-align:top">(6)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,485,415</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.28</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-weight:bold">Olia 2 AG</span>, a company incorporated under Liechtenstein law, acting in concert with Jorge Paulo Lemann within the meaning of Article 3, &#167; 2 of the Belgian Law of 1&#160;April 2007 on public takeover bids</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">259,000</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">0.01</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Holders of Restricted Shares</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Altria Group, Inc.<sup style="font-size:75%; vertical-align:top">(7)</sup> (&#8220;Altria&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">125,115,417</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">6.41</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">BEVCO Lux S.&#224; R.L<sup style="font-size:75%; vertical-align:top">(8)</sup> (&#8220;BEVCO&#8221;)</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">96,862,718</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4.97</td>
<td style="white-space:nowrap;vertical-align:bottom">%&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">See section &#8220;&#8212;Controlling Shareholder&#8221; below. By virtue of their responsibilities as directors of the Stichting, Sabine Chalmers, Paul Cornet de Ways Ruart, Gr&#233;goire de Spoelberch, Alexandre Van Damme, Claudio Garcia, Heloisa Sicupira, Marc Lemann and Paulo Alberto Lemann may be deemed, under the rules of the SEC, to be beneficial owners of our Ordinary Shares held by the Stichting. However, each of these individuals disclaims such beneficial ownership in such capacity. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">See section &#8220;&#8212;Shareholders&#8217; Arrangements&#8221; below. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">By virtue of their responsibilities as directors of EPS and EPS Participations, Sabine Chalmers, Paul Cornet de Ways Ruart, Gr&#233;goire de Spoelberch and Alexandre Van Damme may be deemed, under the rules of the SEC, to be beneficial owners of our Ordinary Shares held by EPS and EPS Participations. However, each of these individuals disclaims such beneficial ownership in such capacity. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(4)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Max Van Hoegaerden Herrmann Telles, Jorge Paulo Lemann and Carlos Alberto da Veiga Sicupira have disclosed to us that they control BRC and as a result, under the rules of the SEC, they are deemed to be beneficial owners of our Ordinary Shares held by BRC. By virtue of their responsibilities as current directors of BRC, Paulo Alberto Lemann, Marc Lemann, Claudio Garcia and Marcelo Cunha Ribeiro may also be deemed, under the rules of the SEC, to be the beneficial owners of our Ordinary Shares held by BRC. However, Paulo Alberto Lemann, Marc Lemann, Marcelo Cunha Ribeiro and Claudio Garcia disclaim such beneficial ownership in such capacity. </p></td></tr></table>
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<td style="width:4%;vertical-align:top;text-align:left">(5)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">On 18&#160;December 2013, EPS contributed to EPS Participations its certificates in the Stichting and the shares it held directly in AB InBev, except for 100,000 shares. </p></td></tr></table>
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<td style="width:4%;vertical-align:top;text-align:left">(6)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">On 27&#160;December 2013, Stichting Fonds InBev-Baillet Latour acquired a controlling stake in Fonds Baillet Latour. </p></td></tr></table>
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<td style="width:4%;vertical-align:top;text-align:left">(7)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">In addition to the Restricted Shares listed above, Altria announced in its Schedule 13D beneficial ownership report on 11&#160;October 2016 that, following completion of the combination with SAB, it purchased 11,941,937 Ordinary Shares in the Company. Altria further increased its position of Ordinary Shares in the Company to 12,341,937, as disclosed in the Schedule 13D beneficial ownership report filed by the Stichting dated 1&#160;November 2016. Altria subsequently converted certain of its Restricted Shares into Ordinary Shares and concurrently sold some of the converted shares, placing Altria&#8217;s position of Ordinary Shares in the Company at 34,006,520, as disclosed in the Schedule 13D beneficial ownership report filed by the Stichting dated 20&#160;March 2024, implying an aggregate ownership of 8.15% based on the number of shares with voting rights as of 31&#160;December 2025. </p></td></tr></table>
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<td style="width:4%;vertical-align:top;text-align:left">(8)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">In addition to the Restricted Shares listed above, BEVCO announced in a notification made on 17&#160;January 2017 in accordance with the Belgian Law of 2&#160;May 2007 on the notification of significant shareholdings, that it purchased 4,215,794 Ordinary Shares in the company. BEVCO disclosed to us that it increased its position of Ordinary Shares in the company to an aggregate of 6,000,000 Ordinary Shares, resulting in an aggregate ownership of 5.28% based on the number of shares with voting rights as of 31&#160;December 2025. </p></td></tr></table>
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<td style="width:4%;vertical-align:top;text-align:left">(9)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Percentages are calculated on the total number of outstanding shares as of 31&#160;December 2025 (2,019,241,973 shares) minus the number of outstanding shares held in treasury by us and certain of our subsidiaries as of 31&#160;December 2025 (68,489,754 Ordinary Shares). Under our articles of association, a different denominator is used for the purposes of determining the percentage of shares with voting rights in our share capital necessary for the appointment of directors. For more information on this alternative calculation, see &#8220;Item 10. Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information&#8212;Quorum and Majority Requirements&#8212;Appointment of Directors.&#8221; </p></td></tr></table>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">U.S. Holders of Record </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a number of our shares are held in dematerialized form, we are not aware of the identity of all our shareholders. As of 31&#160;December 2025, we had 34,006,926 registered Ordinary Shares and 125,115,701 registered Restricted Shares held by 4 record holders in the United States, representing approximately 159&#160;million of the voting rights attached to our shares outstanding as of such date. As of 31&#160;December 2025, we also had 106,027,992 ADSs outstanding, each representing one Ordinary Share. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Controlling Shareholder </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our controlling shareholder is the Stichting, a foundation organized under the laws of the Netherlands which represents an important part of the interests of the founding Belgian families of Interbrew (mainly represented by EPS) and the interests of the Brazilian families which were previously the controlling shareholders of Ambev (represented by BRC). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, the Stichting owned 663,074,832 of our shares, which represented a 33.99% voting interest based on the number of our shares outstanding as of 31&#160;December 2025, excluding the 68,489,754 treasury shares held by us and certain of our subsidiaries. The Stichting and certain other entities acting in concert (within the meaning of Article 3, 13&#176; of the Belgian Law of 2&#160;May 2017 on the notification of significant shareholdings and/or within the meaning of Article 3, &#167; 2 of the Belgian Law of 1&#160;April 2007 on public takeover bids) with it (see &#8220;&#8212;Shareholders&#8217; Arrangements&#8221; below) held, based on (i)&#160;transparency declarations made by shareholders who are compelled to disclose their shareholdings pursuant to the Belgian Law of 2&#160;May 2007 on the notification of significant shareholdings and the articles of association of the company, (ii)&#160;notifications made by such shareholders to the company on a voluntary basis on or prior to 31&#160;December 2025 for the purpose of updating the above information, (iii)&#160;notifications received by the company in accordance with Regulation (EU) No 596/2014, as amended, of the European Parliament and of the Council of 16&#160;April 2014 and (iv)&#160;information included in public filings with the SEC, in the aggregate, 39.50% of our shares based on the number of our shares outstanding on 31&#160;December 2025, excluding the 68,489,754 treasury shares held by us and certain of our subsidiaries. As of 31&#160;December 2025, BRC held 331,537,416 class B Stichting certificates (indirectly representing 16.99% of our shares), EPS held one class A Stichting certificate and EPS Participations held 331,537,415 class A Stichting certificates (together indirectly representing 16.99% of our shares). The Stichting is governed by its bylaws and its conditions of administration. Shares held by our major shareholders do not entitle such shareholders to different voting rights. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Shareholders&#8217; Arrangements </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">The 2023 Shareholders&#8217; Agreement </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 27&#160;April 2023, the Stichting, EPS, EPS Participations, BRC and Rayvax entered into an Amended and Restated Shareholders&#8217; Agreement (the &#8220;<span style="font-weight:bold">2023 Shareholders&#8217; Agreement</span>&#8221;). The 2023 Shareholders&#8217; Agreement amended, restated and replaced in its entirety the Amended and Restated New Shareholders&#8217; Agreement dated 11&#160;April 2016 (the &#8220;<span style="font-weight:bold">2016 Shareholders&#8217; Agreement</span>&#8221;). The 2023 Shareholders&#8217; Agreement primarily modified certain provisions for nominating members of our Board of Directors which were previously included in the 2016 Shareholders&#8217; Agreement. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement addresses, among other things, certain matters relating to the governance and management of our company and the Stichting, as well as (i)&#160;the transfer of the Stichting certificates and (ii)&#160;the <span style="white-space:nowrap">de-certification</span> and <span style="white-space:nowrap">re-certification</span> process for the Ordinary Shares and the circumstances in which the shares held by the Stichting may be <span style="white-space:nowrap">de-certified</span> and/or pledged at the request of BRC, EPS or EPS Participations. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement provides for restrictions on the ability of BRC and EPS/EPS Participations to transfer their Stichting certificates. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the terms of the 2023 Shareholders&#8217; Agreement, BRC and EPS/EPS Participations jointly and equally exercise control over the Stichting and the shares held by the Stichting. The Stichting is managed by an eight-member board of directors and each of BRC and EPS/EPS Participations have the right to appoint four directors to the Stichting board of directors. Subject to certain exceptions, at least seven of the eight Stichting directors must be present or represented in order to constitute a quorum of the Stichting board, and any action to be taken by the Stichting board of directors will, subject to certain qualified majority conditions, require the approval of a majority of the directors present or represented, including at least two directors appointed by BRC and two directors appointed by EPS/EPS Participations. Subject to certain exceptions, all decisions of the Stichting with respect to the shares it holds, including how such shares will be voted at our shareholders&#8217; meetings, will be made by the Stichting board of directors. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement requires the Stichting board of directors to meet prior to each of our shareholders&#8217; meetings to determine how the shares held by the Stichting are to be voted. In addition, prior to each meeting of our board of directors at which certain key matters are considered, the Stichting board of directors will meet to determine how the eight members of our board of directors nominated exclusively by BRC and EPS/EPS Participations should vote. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement requires EPS, EPS Participations, BRC and Rayvax, as well as any other holder of certificates issued by the Stichting, to vote their shares in the same manner as the shares held by the Stichting. The parties agree to effect any free transfers of their shares in an orderly manner of disposal that does not disrupt the market for shares and in accordance with any conditions established by us to ensure such orderly disposal. In addition, under the 2023 Shareholders&#8217; Agreement, EPS, EPS Participations and BRC agree not to acquire any shares of Ambev&#8217;s capital stock, subject to limited exceptions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the 2023 Shareholders&#8217; Agreement, the Stichting board of directors will propose to our shareholders&#8217; meeting eight candidates for appointment to our board of directors, among which each of BRC and EPS/EPS Participations will have the right to nominate four candidates. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement will remain in effect for an initial term until 27&#160;August 2034 and will be automatically renewed for successive terms of ten years each unless, not later than two years prior to the expiration of the initial or any successive <span style="white-space:nowrap">ten-year</span> term, any party to the 2023 Shareholders&#8217; Agreement notifies the others of its intention to terminate the 2023 Shareholders&#8217; Agreement. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2023 Shareholders&#8217; Agreement is filed as Exhibit&#160;3.2 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Voting Agreement between the Stichting, Fonds Baillet Latour and Fonds Voorzitter Verhelst </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Stichting entered into a voting agreement, effective 1&#160;November 2015 (the &#8220;<span style="font-weight:bold">Fonds Voting Agreement</span>&#8221;) with Fonds Baillet Latour and Fonds Voorzitter Verhelst, which replaces in its entirety the voting agreement between the parties dated 16&#160;October 2008, which was due to expire on 16&#160;October 2016 if not renewed. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Fonds Voting Agreement provides for consultations between the three corporate bodies before any of our shareholders&#8217; meetings to decide how they will exercise the voting rights attached to our shares. Under the Fonds Voting Agreement, consensus is required for all items that are submitted to the approval of any of our shareholders&#8217; meetings. If the parties fail to reach a consensus, each of Fonds Baillet Latour and Fonds Voorzitter Verhelst will vote their AB InBev shares in the same manner as the Stichting. The Fonds Voting Agreement will expire on 1&#160;November 2034. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Fonds Voting Agreement is filed as Exhibit&#160;3.1 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Voting Agreement between the Stichting and certain Restricted Shareholders </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each holder of Restricted Shares representing more than 1% of our total share capital, being Altria and BEVCO, was required, upon completion of the combination with SAB, to enter into an agreement with the Stichting. Each of Altria and BEVCO entered into a voting agreement with the Stichting and us on 8&#160;October 2016 (the &#8220;<span style="font-weight:bold">Restricted Shareholder Voting Agreement</span>&#8221;), under which: </p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">the Stichting is required to exercise the voting rights attached to its Ordinary Shares to give effect to the directors&#8217; appointments principles set out in articles 19 and 20 of our articles of association; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">each holder of Restricted Shares is required to exercise the voting rights attached to his or her Ordinary Shares and Restricted Shares, as applicable, to give effect to the directors&#8217; appointments principles set out in articles 19 and 20 of our articles of association; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">each holder of Restricted Shares is required not to exercise the voting rights attached to his or her Ordinary Shares and Restricted Shares, as applicable, in favor of any resolutions that would be proposed to modify the rights attached to Restricted Shares, unless such resolution has been approved by a qualified majority of the holders of at least 75% of the Restricted Shareholder Voting Shares (as defined in our articles of association). </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the first 10 entities mentioned in the table appearing under Shareholding Structure have disclaimed beneficial ownership of all of the Restricted Shares and Ordinary Shares, as applicable, held by Altria and BEVCO. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Restricted Shareholder Voting Agreement is filed as Exhibit&#160;3.3 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_41"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">RELATED PARTY TRANSACTIONS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">AB InBev Group and Consolidated Entities </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We engage in various transactions with affiliated entities that form part of the consolidated AB InBev Group. These transactions include, but are not limited to: (i)&#160;the purchase and sale of raw material with affiliated entities, (ii)&#160;entering into distribution, cross-licensing, indemnification, service and other agreements with affiliated entities, (iii)&#160;intercompany loans, guarantees and credit support with affiliated entities, and (iv)&#160;import and licensing agreements with affiliated entities. Such transactions between Anheuser-Busch InBev SA/NV and our subsidiaries are not disclosed in our consolidated financial statements as related party transactions because they are eliminated on consolidation. A list of our principal subsidiaries is shown in note 34 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unrealized gains arising from transactions with associates and jointly controlled entities are eliminated to the extent of our interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. Transactions with associates and jointly controlled entities are discussed further below. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transactions with Directors and Executive Committee Members (Key Management Personnel) </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Total compensation of our directors and Executive Committee included in our income statement for 2025 set out below can be detailed as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2</td>
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<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="white-space:nowrap;vertical-align:bottom;text-align:right">11</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Share-based payments</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">57</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">68</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to short-term employee benefits (primarily salaries), the members of our Executive Committee were entitled to post-employment benefits. See also note 23 and note 31 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. In addition, key management personnel are eligible for our share-based payment plan and/or our exchange of share ownership program. See also &#8220;Item&#160;6. Directors, Senior Management and Employees&#8212;B. Compensation&#8221; and note 24 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-149- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Directors&#8217; compensation consists mainly of directors&#8217; fees. Key management personnel did not have any significant outstanding balances with our company. During 2025, no payments were made to key management personnel except in the transactions listed below. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other Transactions </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2023, 2024 and 2025, our subsidiary Bavaria SA, along with other subsidiaries in Middle Americas, entered into transactions for approximately COP 277.4&#160;billion (USD 64.6 million), COP 457.3&#160;billion (USD 112.0 million) and COP 400.4&#160;billion (USD 98 million), respectively, for lease agreements, acquisition of natural gas and the sale of malt-based beverages and beer with companies of which Alejandro Santo Domingo, a member of our Board of Directors, is chair or member of the board of directors or part of the controlling shareholder group. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transactions with Significant Shareholders </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have entered into certain agreements with Altria and BEVCO in connection with the combination with SAB. These agreements are described further under &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB&#8212;Information Rights Agreement,&#8221; &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB&#8212;Tax Matters Agreement&#8221; and &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB&#8212;Registration Rights Agreement.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 19&#160;March 2024, we repurchased 3,335,417 Ordinary Shares directly from Altria for an aggregate share purchase price of USD 200&#160;million. The shares were repurchased in connection with the completion of a secondary underwritten global offering by Altria of a total of 35,000,000 Ordinary Shares. For more information about our share repurchases, see &#8220;Item&#160;16E. Purchases of Equity Securities by the Issuer.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Jointly Controlled Entities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interests in joint ventures include two entities in Brazil, one in Mexico and two in Canada. None of these joint ventures are material to the company. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transactions with Associates </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our transactions with associates were as follows: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Year&#160;ended&#160;31&#160;December&#160;2025</span></td>
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<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-style:italic">(USD million)</span></td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Gross profit</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">19</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Current assets</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">102</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Current liabilities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">13</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our transactions with associates primarily consist of sales to distributors in which we have a <span style="white-space:nowrap">non-controlling</span> interest. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transactions with Pension Plans </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our transactions with pension plans mainly consisted of USD 12&#160;million other expense to pension plans in the United States. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Transactions with Government-Related Entities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have no material transactions with government-related entities. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-150- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Ambev Special Goodwill Reserve </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a result of the merger of InBev Brasil into Ambev in July 2005, Ambev acquired tax benefits resulting from the partial amortization of the special premium reserve pursuant to article 7 of the Normative Ruling No.&#160;319/99 of the CVM (<span style="font-style:italic">Comiss&#227;o de Valores Mobiliarios</span>, the Securities and Exchange Commission of Brazil) (as superseded by article 11of CVM Resolution 78/22). Such amortization was carried out in the ten years following the merger. As permitted by CVM Resolution 78/22, the Protocol and Justification of the Merger, entered into between us, Ambev and InBev Brasil on 7&#160;July 2005, established that 70% of the goodwill premium, which corresponded to the tax benefit resulting from the amortization of the tax goodwill derived from the merger, would be capitalized in Ambev for the benefit of us, with the remaining 30% being capitalized in Ambev without the issuance of new shares for the benefit of all shareholders. From 2005 to 2014, pursuant to the Protocol and Justification of the Merger, Ambev carried out, with shareholders&#8217; approval, capital increases through the partial capitalization of the goodwill premium reserve. Accordingly, from 2005 to 2014, two wholly owned subsidiaries of Anheuser-Busch InBev (which hold our interest in Ambev) annually subscribed to Ambev shares corresponding to 70% of the goodwill premium reserve (and Ambev minority shareholders subscribed to shares pursuant to preferred subscription right under Brazilian law) and the remaining 30% of the tax benefit was capitalized without issuance of new shares for the benefit of all Ambev shareholders. The Protocol and Justification of the Merger also provides, among other matters, that we shall indemnify Ambev for any undisclosed liabilities of InBev Brasil. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2011, Ambev received a tax assessment from the Secretaria da Receita Federal do Brasil related to the goodwill amortization resulting from InBev Brasil&#8217;s merger referred to above. See &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal and Arbitration Proceedings&#8212;Ambev and Its Subsidiaries&#8212;Tax Matters&#8212;Special Goodwill Reserve&#8221; for further information. Effective 21&#160;December 2011, we entered into an agreement with Ambev formalizing the arrangement whereby we shall reimburse Ambev the amount proportional to the benefit received by us pursuant to the merger protocol, as well as the respective costs. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_42"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">INTERESTS OF EXPERTS AND COUNSEL </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_43"><span style="font-weight:bold">ITEM&#8201;8.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">FINANCIAL INFORMATION </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_44"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CONSOLIDATED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Consolidated Financial Statements </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;18. Financial Statements.&#8221; For a discussion of our export sales, see &#8220;Item&#160;5. Operating and Financial Review.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Legal and Arbitration Proceedings </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Litigation is subject to uncertainty and we and each of our subsidiaries named as a defendant believe, and have so been advised by counsel handling the respective cases, that we have valid defenses to the litigation pending against us, as well as valid bases for appeal of adverse verdicts, if any. All such cases are, and will continue to be, vigorously defended. However, we and our subsidiaries may enter into settlement discussions in particular cases if we believe it is in our best interests to do so. Except as set forth herein, there have been no governmental, judicial or arbitration proceedings (including any such proceedings which are pending or threatened against us or our subsidiaries of which we are aware) during the period between 1&#160;January 2025 and the date of this <span style="white-space:nowrap">Form&#160;20-F</span> which may have, or have had in the recent past, significant effects on our financial position and profitability. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Anheuser-Busch InBev SA/NV </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Budweiser Trademark Litigation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are involved in a long-standing trademark dispute with the brewer Budejovicky Budvar, n.p. located in Ceske Budejovice, Czech Republic. This dispute involves the BUD and BUDWEISER trademarks and includes actions pending in national trademark offices as well as courts. Currently there are more than 55 cases pending affecting over 40 countries. While there are a significant number of actions pending, taken in the aggregate, the actions do not represent a material risk to our financial position or profitability. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Belgian Tax Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In February 2015, the European Commission opened an <span style="white-space:nowrap">in-depth</span> state aid investigation into the Belgian excess profit ruling system. On 11&#160;January 2016, the European Commission adopted a negative decision finding that the Belgian excess profit ruling system constitutes an aid scheme incompatible with the internal market and ordering Belgium to recover the incompatible aid from a number of aid beneficiaries. The Belgian authorities contacted the companies that had benefitted from the system and advised each company of the amount of incompatible aid that is potentially subject to recovery. The European Commission&#8217;s decision was appealed to the European Union&#8217;s General Court by Belgium on 22&#160;March 2016 and by us on 12&#160;July 2016. On 14&#160;February 2019, the European General Court concluded that the Belgian excess profit ruling system does not constitute illegal state aid. The European Commission appealed the judgment to the European Court of Justice. The public hearing in the framework of the appeal proceedings took place on 24&#160;September 2020 and we were heard as an intervening party. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 3&#160;December 2020, the Advocate General (&#8220;<span style="font-weight:bold">AG</span>&#8221;) of the European Court of Justice presented her <span style="white-space:nowrap">non-binding</span> opinion on the appeal procedure related to the 11&#160;January 2016 opening decision, stating that, contrary to the 14&#160;February 2019 judgment of the European General Court, the Belgian excess profit ruling system would fulfil the legal requirements for an &#8220;aid scheme&#8221;. In the initial European General Court judgment, the court limited itself to finding the Belgian excess profit rulings were not an &#8220;aid scheme&#8221;, but did not consider whether they constituted State aid. Consequently, the AG advised the European Court of Justice to refer the case back to the European General Court to review whether the Belgian excess profit rulings constitute state aid. On 16&#160;September 2021, the European Court of Justice agreed with the AG and concluded that the excess profit ruling system constitutes an aid scheme and set aside the judgment of the European General Court. The case was referred back to the European General Court to decide whether the Belgian excess profit ruling system constitutes illegal State aid as well as the other remaining open issues in the appeal. On 20&#160;September 2023, the European General Court upheld the European Commission&#8217;s decision. That judgment has been appealed by AB InBev and other parties to the European Court of Justice. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Following the initial annulment of the European Commission&#8217;s decision by the European General Court in 2019, the European Commission opened new state aid investigations into the individual Belgian tax rulings, including the one issued to us in September 2019, to remedy the concerns that had led to the annulment. These investigations relate to the same rulings that were the subject of the European Commission&#8217;s decision issued on 11&#160;January 2016. We have filed our observations in respect of the opening decisions with the European Commission. On 28&#160;October 2021, the European Commission stayed the new state aid investigations into the individual Belgian tax rulings pending final resolution of the case. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the Belgian tax authorities have also questioned the validity and the actual application of the excess profit ruling that was issued in our favor and have refused the actual tax exemption which it confers. We filed a court claim against such decision before the Brussels court of first instance, which ruled in our favor on 21&#160;June 2019, and again on 9&#160;July 2021 for subsequent years. The Belgian tax authorities appealed both judgments. On 11&#160;June 2025, the Brussels Court of Appeal rendered a judgment in our favor for calendar years 2011 and 2012 in one of the claims, which was not appealed and is now final. Other claims for the calendar years in question, 2011-2015, remain outstanding on appeal. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 24&#160;January 2019, we deposited EUR 68&#160;million (USD 80 million) in a blocked account. Depending on the final outcome of the European Court procedures on the Belgian excess profit ruling system, as well as the pending Belgian court cases, this amount will either be slightly modified, released back to the company or paid over to the Belgian State. In connection with the European Court procedures, we recognized a provision of EUR 68&#160;million (USD 80 million) in 2020. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-152- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">U.S. Department of Justice Investigation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are cooperating with the Environment and Natural Resources Division of the U.S. Department of Justice, the U.S. Environmental Protection Agency, and local authorities in an investigation into our&#160;operation&#160;of the <span style="white-space:nowrap">Bio-Energy</span> Recovery System (&#8220;<span style="font-weight:bold">BERS</span>&#8221;) at our Fairfield, California brewery. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Antitrust Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">SAB Transaction </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 20&#160;July 2016, the U.S. Department of Justice filed an antitrust action in the U.S. federal district court in the District of Columbia, seeking to enjoin the combination with SAB. On the same date, we announced that we had entered into a consent decree with the U.S. Department of Justice, which cleared the way for United States approval of the combination with SAB. For more information on the terms of the consent decree, see &#8220;Item&#160;10. Additional Information&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB&#8212;U.S. Department of Justice Consent Decree.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Common Market for Eastern and Southern Africa Competition Commission Investigation </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In June 2021, we received a notice from the Common Market for Eastern and Southern Africa (COMESA) Competition Commission regarding an investigation into market allocation. We are cooperating with the investigation. <span style="font-style:italic"></span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Ambev and Its Subsidiaries </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Tax Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2017, Ambev decided to participate in the Federal Tax Amnesty Program established by Provisional Measure No.&#160;783/2017, converted into Law No.&#160;13,496/2017 (&#8220;<span style="font-weight:bold">PERT 2017</span>&#8221;), undertaking to pay tax assessments that were in dispute under administrative or judicial level, including debts from its subsidiaries, in the total amount of R$3.5&#160;billion (USD 1.1 billion) (already considering discounts established by the program). The total amount paid in 2017 was approximately R$1.0&#160;billion (USD 0.2 billion), with the balance to be paid in 145 monthly installments, with interest, starting in January 2018. The terms of PERT 2017 were renegotiated in 2025 as described below resulting in an exceptional tax income of USD 66&#160;million for the Company. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In September 2025, CRBS S.A (&#8220;<span style="font-weight:bold">CRBS</span>&#8221;), a subsidiary of Ambev, was granted a partial reversal of the liability related to PERT 2017, resulting from the Brazilian Federal Tax Authorities&#8217; (<span style="font-style:italic">Receita Federal do Brasil</span>) (&#8220;<span style="font-weight:bold">RFB</span>&#8221;) application of Article 14 of Law No.&#160;14,689/2023 to a portion of the tax debt included in the amnesty program, leading to the recovery of expenses recognized in prior periods. Article 14 of Law No.&#160;14,689/2023 renders unenforceable tax penalties applied in tax assessments that exceed one hundred percent (100%) of the related tax debt &#8212; which has been declared unconstitutional by the Brazilian Supreme Court &#8212; as well as the related interest charges. The total reduction in the liability amounted to R$0.6&#160;billion (USD 0.1 billion). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">CRBS will continue to pay the remaining balance in installments as established and revised by the RFB. All installments due to date have been paid by CRBS. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Despite Ambev&#8217;s participation in the Federal Tax Amnesty Program, Ambev could be subject to tax audits for subsequent periods, which may lead to tax challenges by the relevant authorities on similar claims. In addition, if Ambev is delinquent in its payments under the Federal Tax Amnesty Program or is otherwise unable to pay as scheduled, it may be barred from participating in the Federal Tax Amnesty Program and/or other similar programs. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">ICMS Value-Added Tax, IPI Excise Tax (Imposto sobre Produtos Industrializados &#8211; &#8220;IPI&#8221;) and Social Contributions on Gross Revenues (PIS and COFINS) </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Manaus Free Trade Zone &#8211; IPI / PIS and COFINS </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In Brazil, goods manufactured within the Manaus Free Trade Zone (&#8220;<span style="font-weight:bold">MFTZ</span>&#8221;) intended for remittance elsewhere in Brazil are exempt and/or zero rated from IPI Excise Tax and PIS and COFINS. With respect to IPI Excise Tax, Ambev&#8217;s subsidiaries have been registering IPI Excise Tax presumed credits upon the acquisition of exempted goods manufactured therein, and since 2009, have been receiving a number of tax assessments and denials of offset requests from the RFB relating to the disallowance of such credits. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In April 2019, the Brazilian Federal Supreme Court (&#8220;<span style="font-weight:bold">STF</span>&#8221;) announced its judgment on Extraordinary Appeal No. 592.891/SP, with binding effect, recognizing the right of taxpayers to register IPI Excise Tax presumed credits on acquisitions of raw materials and exempted inputs originating from the MFTZ. As a result of this decision, Ambev reclassified part of the amounts related to the IPI Excise Tax cases to remote loss. Other issues related to additional discussions that were not included in the analysis of the STF, such as discussions related to the applicable tariff code for concentrate units, remains classified as possible loss. The cases are being challenged at both the administrative and judicial levels. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev, through its subsidiary Arosuco, has also received tax assessments from the RFB in relation to PIS/COFINS amounts allegedly due on Arosuco&#8217;s remittance to Ambev. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In April 2024, the Lower Administrative Court rendered an unfavorable decision to Arosuco regarding the PIS/COFINS case, by a casting vote. After receiving notification of the judgment, Arosuco filed a lawsuit to have the dispute decided at the judicial level, which is pending decision. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the possible losses related to these proceedings to be approximately R$7.3&#160;billion (USD 1.3 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">IPI Excise Tax Suspension </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2014 and 2015, Ambev received tax assessments from the RFB relating to IPI Excise Tax, allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both the administrative and judicial levels. In July 2022, Ambev received the first judicial decision on this matter which was unfavorable to Ambev, and filed an appeal. In July 2023, the Federal Court rendered its decision on the appeal, annulling the first-level decision. As requested by Ambev, the Federal Court also ordered the production of technical evidence allowing Ambev to demonstrate the proper collection of IPI Excise Tax. The federal government has filed motions for clarification against this decision, which are pending judgment by the Federal Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In October 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev in one of the cases related to this matter and ordered a tax audit to determine the amount of the tax already effectively paid. In January 2024, Ambev was notified of the results of the tax audit, which were partially favorable to Ambev, reducing the amount allegedly owed by Ambev by 98%. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. In December 2024, the case was judged unfavorably to Ambev, and is pending appeal. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the possible loss related to these assessments to be approximately R$1.3&#160;billion (USD 0.2 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">ICMS-ST</span> Trigger </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Over the years, Ambev has been receiving tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant states, cases in which the state tax authorities contend that the calculation basis should be based on a value-added percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases are being challenged at both the administrative and judicial levels. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In February 2025, the STF rendered its judgment on a separate constitutional case, Extraordinary Appeal No.&#160;882,461 (&#8220;<span style="font-weight:bold">Theme&#160;816</span>&#8221;), which in part established a 20% limit for late fines. This limit established by Theme 816 applies to certain of Ambev&#8217;s cases relating to these tax assessments, resulting in a reclassification of the risk of loss from possible to remote in the approximate amount of R$0.8&#160;billion (USD 0.2 billion). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In July 2025, Law No.&#160;25,378/2025 of the state of Minas Gerais, which limits the application of isolated fines to a maximum of 50% of the tax due, was enacted. This law is applicable to certain of Ambev&#8217;s cases relating to these tax assessments, and resulted in a reclassification of the risk of loss from possible to remote in the approximate amount of R$1.0&#160;billion (USD 0.2 billion). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In November 2025, Ambev received new tax claims from the State of Maranh&#227;o in the amount of approximately R$1.4&#160;billion (USD 0.3 billion). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the total possible loss related to this issue to be approximately R$12&#160;billion (USD 2.2 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">ICMS-PRODEPE </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Over the years, Ambev has received some tax assessments in relation to the ICMS tax incentive program of the State of Pernambuco (PRODEPE). In 2015, Ambev received tax assessments from the state regarding alleged differences in the ICMS tax collected relating to the rectification of errors in a handful of ancillary obligations included in Ambev&#8217;s tax filing. In 2017, Ambev received a final favorable decision recognizing the tax assessments were null due to formal errors. In September 2018, Ambev received a new tax assessment relating to the same ICMS differences. In June 2020, Ambev received a partially favorable decision at the first administrative level that recognized new formal errors in the tax assessment. The favorable portion of the decision became final in 2023. The second administrative level did not recognize Ambev&#8217;s appeal of the unfavorable portion of the decision, which Ambev appealed to the judicial level in March 2024 where it awaits judgment. Lastly, there are other cases being challenged at both the administrative and judicial levels. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the total possible loss related to this issue to be approximately R$0.9&#160;billion (USD 0.2 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">ICMS Tax Credits </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2018 and 2021, Ambev received tax assessments from the States of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from transactions with suppliers located in the MFTZ. With regard to the assessment issued by the State of Rio Grande do Sul, Ambev received a favorable judgment at the Lower Administrative Court, which was amended by the Upper Administrative Court in favor of the tax authorities. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. With respect to the assessments issued by the State of S&#227;o Paulo, all were decided unfavorably to Ambev at the first administrative level, and Ambev has filed appeals at the Lower Administrative Court. In two of these cases, Ambev received an unfavorable decision from the Lower Administrative Court, which are not final and have been appealed to the Upper Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the possible losses related to these assessments to be approximately R$0.9&#160;billion (USD 0.2 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">PIS/COFINS Bonus Over Products </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 2015, Ambev has received tax assessments issued by the RFB relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. Most of the cases were cancelled at the administrative level with one case being tried at the judicial level. Following an unfavorable decision to Ambev at the first-level judicial court, the case is now pending decision by the second-level judicial court. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the possible loss related to these assessments to be approximately R$0.6&#160;billion (USD 0.1 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Foreign Earnings </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 2005, Ambev and certain of its subsidiaries have been receiving assessments from the RFB relating to the profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels in Brazil. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2022 and 2023, the Lower Administrative Court rendered favorable and partially favorable decisions to Ambev, some of which are still subject to appeal. The decisions cancelled part of the disputed tax assessments, recognizing the validity of the methodology adopted by Ambev with respect to the taxation of profits and the goodwill amortization of foreign subsidiaries. Part of these decisions became final in September 2024, resulting in the cancellations of tax assessments totaling approximately R$1.0&#160;billion (USD 0.2 billion) as of the time of cancellation. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In August 2024 Ambev received a partially favorable decision from the first-level administrative court with respect to a tax assessment related to the 2018 calendar year. Both Ambev and the Brazilian tax authorities filed appeals and the case awaits decision by the Lower Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In November 2024, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2019 and filed a defense, the outcome of which was partially favorable to Ambev. Ambev has filed an appeal to the Lower Administrative Court which is awaiting judgment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2025, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2020 and filed an appeal with the First-Level Administrative Court, which is awaiting judgment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the assessed tax claim, as well as favorable first-level decisions, which remain subject to review by the second-level judicial court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$8.0&#160;billion (USD 1.5 billion). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev continued to apply this uncertain tax position as per IFRIC 23, impacting subsequent calendar years following those assessed (2021-2025). In the event Ambev is questioned on this matter for future periods, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such discussions would be consistent with previously assessed periods. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Disallowance on Income Tax deduction </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In January 2020, Arosuco, a subsidiary of Ambev, received a tax assessment from the RFB regarding the disallowance of the income tax reduction benefit provided for in Provisional Measure <span style="white-space:nowrap">No.&#160;2199-14/2001,</span> for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020, the first-level administrative court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In February 2024, the Lower Administrative Court rendered a partially favorable decision in favor of Arosuco recognizing its right to benefit from the income tax reduction, which was appealed by the tax authorities and confirmed by the Administrative Council of Tax Appeals (&#8220;<span style="font-weight:bold">CARF</span>&#8221;) in August 2025. The remaining unfavorable portion of the decision concerns approximately R$100&#160;million (USD 18 million) and relates to the claim regarding a difference in the methodology for calculating the benefit. Due to the confirmation of the favorable portion of the decision, there has been a reduction in the possible contingency of approximately R$2.8&#160;billion (USD 0.5 billion). </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$192&#160;million (USD 35 million). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This uncertain tax position, as per IFRIC 23, continued to be applied by Arosuco impacting calendar years following those assessed (2019-2025) in which it benefited from the income tax reduction provided for in Provisional Measure <span style="white-space:nowrap">No.&#160;2199-14/2001.</span> In the event Arosuco is questioned on this matter for future periods, and on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent with the previously assessed periods. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Special Goodwill Reserve </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Goodwill&#8212;InBev Holding </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2011, Ambev received a tax assessment related to the goodwill amortization in calendar years 2005 to 2010 resulting from the merger of InBev Holding Brasil S.A. with Ambev referred to under &#8220;Item&#160;7. Major Shareholders and Related Party Transactions&#8212;B. Related Party Transactions&#8212;Ambev Special Goodwill Reserve.&#8221; At the administrative level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion of the decisions of administrative courts and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In June 2016, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable decisions from the first-level administrative court and the Lower Administrative Court. Ambev and the tax authorities both filed Special Appeals, which were partially admitted by the Upper Administrative Court. For the unfavorable portion of the decision which became final at the administrative level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining assessed tax claim, which was granted. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In April 2023, Ambev received a partially favorable decision at the Upper Administrative Court for the portion of the tax assessment which was subject to the Special Appeals filed by Ambev and the tax authorities. In June 2023, Ambev filed a judicial proceeding to appeal the unfavorable portion of the decision, which awaits judgment at the first-level judicial court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$7.7&#160;billion (USD 1.4 billion) and Ambev has not recorded any provisions for this matter. In the event Ambev is required to pay these amounts, we will reimburse Ambev in the amount proportional to the benefit received by us pursuant to the merger protocol as well as the related costs. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Goodwill&#8212;Beverage Associate Holding (BAH) </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In October 2013, Ambev received a tax assessment related to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#8220;BAH&#8221;) into Ambev. In April and August 2018, Ambev received new tax assessments charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. These matters were tried at the administrative level, with the Upper Administrative Court rendering partially favorable decisions to Ambev related to the qualified penalties and the statute of limitations for one of the calendar years under discussion. In January and June 2023, Ambev filed judicial proceedings to appeal the unfavorable portion of the decisions and received favorable decisions at the first-level judicial court. The tax authorities appealed these decisions in September 2023 and the matters await judgment at the second-level judicial court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$1.6&#160;billion (USD 0.3 billion). Ambev has not recorded any provisions for this matter. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Goodwill&#8212;CND Holdings </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In November 2017, Ambev received a tax assessment related to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the first-level administrative court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020, the Lower Administrative Court rendered a partially favorable decision to Ambev. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. In February 2024, Ambev withdrew the Special Appeals and as a result, the Lower Administrative Court&#8217;s initial partially favorable decision prevailed. Ambev filed judicial proceedings relating to the unfavorable portion of the decision and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In October 2022, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar year 2017. Ambev filed a defense and in October 2023 received an unfavorable decision from the first-level administrative court, which Ambev appealed to the Lower Administrative Court. In August 2024, Ambev received a favorable decision from the Lower Administrative Court. The decision is not final and is subject to review by the Upper Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$1.0&#160;billion (USD 0.2 billion). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Goodwill&#8212;MAG </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2022, CRBS received a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados with and into CRBS. CRBS filed a defense in January 2023. In November 2023, CRBS received a partially favorable decision from the first-level administrative court that reduced the qualified penalty applied to 100% (instead of 150% as initially charged). CRBS appealed against the unfavorable portion of the decision. In October 2025, the Lower Administrative Court rendered an unfavorable decision to CRBS by a <span style="white-space:nowrap">tie-vote,</span> confirming the disallowance of goodwill amortization but limiting the applicable penalty to 75%. This decision is not final and is subject to review by the Upper Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$0.3&#160;billion (USD 0.1 billion). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">CRBS has continued to take the same deductions for the calendar years following the assessed periods (2021 to February 2022). Therefore, if CRBS receives similar tax assessments for this period, Ambev management believes the outcome would be consistent with the already assessed periods. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Disallowance of Taxes Paid Abroad </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 2014, Ambev has been receiving tax assessments from the RFB, for calendar years as of 2007, related to the disallowance of deductions associated with alleged unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related to the 2010 tax period), which became definitive. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the assessments related to the periods of 2015 and 2016, Ambev received unfavorable decisions at the Upper Administrative Court in three out of four tax assessments and filed an appeal to the first-level judicial court in November 2023, which awaits judgment. In July 2024, the Lower Administrative Court rendered a favorable decision to Ambev in one case related to the 2012 calendar year, but also rendered an unfavorable decision related to evidentiary formalities in a separate case discussing the offset of foreign tax credits for the same calendar year. Ambev has filed an appeal with the judicial court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In January 2025, Ambev received new tax assessments from the RFB challenging the offsets of foreign tax credits for the 2019 calendar year for which it filed a defense. In September 2025, Ambev received an unfavorable decision and appealed to the Lower Administrative Court. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The other cases are still awaiting final decisions at both administrative and judicial courts. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with the disallowance of tax paid abroad, the RFB filed additional tax assessments to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue deductions of taxes paid abroad. Ambev has received tax assessments charging such fines for calendar years 2015 to 2020. For the tax assessments related to the periods of 2016, 2018 and 2019, Ambev received unfavorable decisions from the first-level administrative court and filed appeals in connection therewith, which are pending judgment by the Lower Administrative Court. For the tax assessments related to the periods of 2015 and 2017, Ambev received (i)&#160;an unfavorable decision by the Lower Administrative Court for the case related to the 2015 tax period in August 2024, which was confirmed by the Upper Administrative Court in August 2025 and appealed to the judicial level by Ambev; and (ii)&#160;a favorable decision for the case related to the 2017 tax period in August 2024, for which the tax authorities have filed an appeal to the Upper Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The tax assessment charging isolated fine for calendar year 2020 was received in October 2025 and Ambev has filed a defense with the first-level administrative court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$19.1&#160;billion (USD 3.5 billion). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In February 2026, Ambev received new tax assessments from the RFB challenging the offsets of foreign tax credits for the 2018 calendar year, concerning approximately R$1.0&#160;billion (USD 0.2 billion). Ambev intends to present its defense before the first-level administrative court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev has continued to take the same deductions for the calendar years following the assessed periods (2020 to 2025). Therefore, if Ambev receives similar tax assessments for these periods, Ambev management believes the outcome would be consistent with the already assessed periods. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Presumed Profit </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In April 2016, Arosuco, a subsidiary of Ambev, received a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income tax and the social contribution on net profit instead of the &#8220;real profit&#8221; method. In September 2017, Arosuco received an unfavorable first-level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In March 2019, Arosuco received a new tax assessment regarding the same subject matter and filed a defense. In October 2019, Arosuco received an unfavorable first-level administrative decision and filed an appeal with the Lower Administrative Court. In February 2024, Arosuco received a favorable decision, which was appealed by the tax authorities to the Upper Administrative Court. In September 2025, the Upper Administrative Court rendered an unfavorable decision to Arosuco, which upheld the tax authorities&#8217; arguments and remanded the case to the Lower Administrative Court. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$0.6&#160;billion (USD 0.1 billion). Arosuco has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Deductibility of IOC Expenses </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2013, as approved by its shareholders meeting, Ambev implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a company with a single class of shares, among other reasons. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares of its controlled entity, Companhia de Bebidas das Am&#233;ricas, into Ambev. As one of the results of this restructuring, the counterpart register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s share was accounted, as per IFRS 10/CPC 36 and ICPC09, in an equity account of Ambev referred to as carrying value adjustment. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a result of this restructuring, since 2019, Ambev has been receiving tax assessments from the RFB related to the interest on capital (&#8220;IOC&#8221;) deduction in calendar years 2014 to 2021. The assessments refer primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and its impact on the increase in the deductibility of IOC expenses. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In all of the cases Ambev obtained partially favorable decisions at the first-level administrative court and filed appeals to the Lower Administrative Court. The appeals related to tax assessments involving calendar years 2014 and 2017 to 2021 await judgment by the Lower Administrative Court. The favorable portion of the decisions rendered by the first-level administrative court in these cases is subject to mandatory review by the Lower Administrative Court as well. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the tax assessment involving calendar years 2015 and 2016, in May 2024 Ambev obtained an unfavorable decision at the Lower Administrative Court on the merits under discussion, but favorable as it relates to the fines charged by the tax authorities, as the court decision cancelled the qualified penalties charged. In December 2024, the favorable portion of the decision became final, and Ambev appealed the unfavorable portion to the Lower Administrative Court. The Lower Administrative Court did not accept the appeal, and in October 2025, Ambev filed appeals (i)&#160;to the Upper Administrative Court, with respect to the main merits of the assessment and (ii)&#160;to the judicial courts on a specific portion of the 2015 assessment. In December 2025, Ambev received an unfavorable decision from the first-level judicial court that did not analyze the merits of the specific portion of the 2015 assessment as the court determined it would also involve the main merits. Ambev will continue to pursue the matter in judicial courts. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately R$30.8&#160;billion (USD 5.6 billion). Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The uncertain tax position, as per IFRIC 23, continued to be adopted by Ambev as it also distributed or accrued IOC in the years following the assessed period (2022-2023) and deducted such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2021, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent with the already assessed periods. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2023, Law No.&#160;14,789/2023 (introduced in August 2023 as Provisional Measure No.&#160;1,185), was enacted in Brazil, which changed the calculation basis for interest on equity effective as of 1&#160;January 2024. As a result, effective as of 1&#160;January 2024, the uncertain tax treatment, as per IFRIC 23, is limited only to Corporate Income Taxes calculated in accordance with rules and regulations in place prior to the enactment of Law No.&#160;14,789/2023. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Tax Fines on Brazilian Corporate Income Tax Ancillary Obligation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 2021, Ambev has been receiving tax assessments charging penalties related to the preparation of Brazilian Corporate Income Tax Ancillary Obligation with allegedly inaccurate, incorrect, or omitted information. Ambev has three assessments on this matter, involving calendar years 2018, 2019 and 2020. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For calendar year 2018, Ambev received a partially favorable decision from the first-level administrative court and filed an appeal against the unfavorable portion with the Lower Administrative Court, which is pending judgment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In November 2024, Ambev received a tax assessment for calendar year 2019 and received an unfavorable decision from the first-level administrative court. Ambev filed an appeal with the Lower-Administrative Court, which is pending judgment. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In December 2025, Ambev received a tax assessment for calendar year 2020 and filed a defense with the first-level administrative court. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev management estimates the possible loss related to these assessments to be approximately R$1.0&#160;billion (USD 0.2 billion) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Labor Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Ambev is involved in more than 17,000 labor claims. Most of the labor claims facing Ambev relate to its Brazilian operations. In Brazil, it is not unusual for a large company to be named as a defendant in such a significant number of claims. As of 31&#160;December 2025, Ambev has made provisions totaling R$217&#160;million (USD 39 million) in connection with the above labor claims involving former, current and outsourced employees and relating mainly to overtime, dismissals, severance, health and safety premiums, supplementary retirement benefits and other matters, all of which are awaiting judicial resolution and have probable chance of loss. As of December&#160;31, 2025, Ambev was party to labor claims with a total estimated possible risk of loss of R$129&#160;million (USD 23 million). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with these labor matters, Ambev is also involved in claims regarding the social security charges on payroll. Ambev management estimates the possible losses related to these claims to be approximately R$385&#160;million (USD 70 million) as of 31&#160;December 2025. Ambev has recorded provisions of R$99&#160;million (USD 18 million) for these matters. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Ambev Third-Party Supplier &#8211; Labor Investigations </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In May 2021, Ambev was notified by Brazilian labor authorities to join certain administrative proceedings together with (i)&#160;Transportadora Sider Limeira EIRELI (&#8220;<span style="font-weight:bold">Sider</span>&#8221;), a transportation company contracted by Ambev on a recurring spot basis and (ii)&#160;a third-party competitor of Ambev to which Sider had also provided transportation services. Ambev was deemed to be jointly and severally liable for purported human rights violations committed by Sider with respect to the working conditions of 23 foreign employees, under the terms of Brazilian Labor Law, including violations of article 444 of <span style="white-space:nowrap">Law-Decree</span> No.&#160;5,452 and article <span style="white-space:nowrap">2-C</span> of Law No.&#160;7,998. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 12&#160;March 2021, Sider entered into a settlement with those foreign employees, paying them compensation for (i)&#160;severance pay and (ii)&#160;moral damages. However, after the settlement, 19 other foreign employees, as well as additional former employees of Sider, filed individual labor lawsuits against Sider, Ambev and the third-party competitor, at the end of 2022, claiming, among other things, moral damages for the same alleged labor violations. The plaintiffs in these lawsuits have alleged secondary liability in respect of Ambev. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the Brazilian Ministry of Labor (the &#8220;<span style="font-weight:bold">Ministry of Labor</span>&#8221;) issued infraction notices against Sider, Ambev and the third-party competitor. These infraction notices were confirmed by the administrative authority in 2024 and, as a result, Ambev no longer has any means to appeal or dispute these infractions at an administrative level. Notwithstanding, Ambev continues to dispute any involvement in the alleged facts underlying these labor claims and, to this end, Ambev is seeking judicial relief to declare the administrative acts void. Additionally, Ambev sought injunctive relief in order to suspend Ambev&#8217;s inclusion in the Brazilian register of employers (<span style="font-style:italic">Cadastro de Empregadores</span>) that have subjected workers to poor working conditions (&#8220;<span style="font-weight:bold">Register of Employers</span>&#8221;), under the terms of Brazilian Interministerial Ordinance MTPS/MMIRDH No.&#160;4/2016. The injunction requested by Ambev was granted by the court in February 2024. In April 2025, the lower court issued a favorable decision for Ambev, rendering the infraction notices null and void, and prohibiting Ambev&#8217;s inclusion in the Register of Employers and the collection of any fines. This decision was upheld by the appellate court in February 2026. The appellate court&#8217;s decision remains subject to further appeal to the Superior Courts. As a result, the collection of fines in the amount of approximately R$50,000 (plus any interest and monetary adjustments) as well as the inclusion of Ambev in the Register of Employers is currently suspended. Ambev&#8217;s inclusion in the Register of Employers may result in several adverse consequences, including, among others (i)&#160;reputational harm, (ii)&#160;restrictions on Ambev&#8217;s ability to obtain financing through state-owned banks&#8217; credit lines and (iii)&#160;potential adverse risk assessments by private banks and other parties, which could, among other effects, negatively affect Ambev&#8217;s ability to access financing in the future. As of 31&#160;December 2025, Ambev did not record any provisions for this matter. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the Brazilian Public Labor Prosecutor&#8217;s Office (the &#8220;<span style="font-weight:bold">Public Labor Prosecutor&#8217;s Office</span>&#8221;) has opened a civil investigation to assess the underlying facts and the role of each of the three companies in the event. In April 2022, Ambev and the Public Labor Prosecutor&#8217;s Office entered into a Conduct Adjustment Agreement, without acknowledgment of guilt. Ambev agreed to pay damages amounting to R$0.5&#160;million (USD 0.1 million) and committed to a <span style="white-space:nowrap">3-year</span> plan to oversee conditions of its logistics operators. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Civil Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, Ambev was involved in more than 2,567 civil claims pending, including third-party distributors and product-related claims. Ambev has established provisions totaling R$0.3&#160;billion (USD 0.1 billion) reflecting applicable adjustments, such as accrued interest, as of 31&#160;December 2025 in connection with civil claims. As of December&#160;31, 2025, Ambev was party to civil claims with a total estimated possible risk of loss of R$1.0&#160;billion (USD 0.2 billion). </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Lawsuit against the Brazilian Beer Industry </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 28&#160;October 2008, the Brazilian Federal Prosecutor&#8217;s Office (<span style="font-style:italic">Minist&#233;rio P&#250;blico Federal</span>) filed a suit for damages against Ambev and two other brewing companies claiming total damages of approximately R$2.8&#160;billion (USD 0.5 billion) (of which approximately R$2.1&#160;billion (USD 0.4 billion) are claimed against Ambev). The public prosecutor alleges that: (i)&#160;alcohol causes serious damage to individual and public health, and that beer is the most consumed alcohol beverage in Brazil; (ii)&#160;defendants have approximately 90% of the national beer market share and are responsible for heavy investments in advertising; and (iii)&#160;the advertising campaigns increase not only the market share of the defendants but also the total consumption of alcohol and, hence, cause damage to society and encourage underage consumption. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Shortly after the above lawsuit was filed, a consumer-protection association applied to be admitted as a joint-plaintiff. The association has made further requests in addition to the ones made by the Public Prosecutor, including the claim for &#8220;collective moral damages&#8221; in an amount to be ascertained by the court; however, it suggests that it should be equal to the initial request of R$2.8&#160;billion (USD 0.5 billion), therefore doubling the initial amount involved. The court has admitted the association as joint plaintiff and has agreed to hear the new claims. After the exchange of written submissions and documentary evidence, the case was dismissed by the lower court judge, who denied all claims submitted against Ambev and the other defendants. The Federal Prosecutor&#8217;s Office has appealed to the Federal Court, which decided for the annulment of the lower court decision, based on the understanding that more evidence should have been produced before the case&#8217;s dismissal. Ambev filed a motion for clarification against such decision, which was rejected and the decision became final. The case has now returned to the lower court for a new trial, which has been pending since September 2021. Ambev believes that its chances of loss remain remote and, therefore, has not made any provisions with respect to such claim. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">South Korean Tax Matters </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the year ended 31&#160;December 2023, Oriental Brewery Co., Ltd. (&#8220;<span style="font-weight:bold">OB</span>&#8221;), a South Korean subsidiary of AB InBev, recorded a USD 66&#160;million exceptional charge relating to a customs audit claim. During the year ended 31&#160;December 2025, OB recorded a USD 20&#160;million exceptional charge related to these customs audit claims for the remaining audit periods. Accordingly, the aggregate amount of exceptional charges related to such claims was USD 86&#160;million as of 31&#160;December 2025. The claims are being contested. OB is also being audited by the Korean National Tax Service for the five-year period ending 2024 as part of a regular course audit. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the second quarter of 2025, one of OB&#8217;s employees was indicted in South Korea for embezzlement from OB and commercial bribery, and for alleged customs tax evasion related to the importation of malt covered in the 2023 customs duties audit claim. OB, OB&#8217;s subsidiary ZX Ventures, OB&#8217;s head of logistics and OB&#8217;s chief executive officer were also indicted as joint defendants for the allegation of customs tax evasion. OB and the joint defendants are defending against the customs tax evasion charges. The potential penalty exposure is not expected to be material to AB InBev. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Cerbuco Brewing Arbitration </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Cerbuco, a Canadian subsidiary of Ambev, owns a 50% equity ownership in Cerveceria&#160;Bucanero&#160;S.A. (&#8220;<span style="font-weight:bold">Bucanero</span>&#8221;), a joint venture in Cuba. In 2021,&#160;Cerbuco&#160;initiated an arbitration proceeding at the&#160;International Chamber of Commerce (&#8220;<span style="font-weight:bold">ICC</span>&#8221;), relating to the potential breach&#160;of certain obligations relating to&#160;the joint venture. On October&#160;24, 2024, the ICC released an arbitration award partially favorable to Cerbuco. The decision is final and the second phase of the arbitration relating to quantification of damages is ongoing. In May 2025, Cerbuco was notified of a lawsuit by Coralsa (its joint venture partner) in Paris seeking annulment of the arbitration award. This new case is ongoing, and no decision has yet been made on it. The outcome of both proceedings may affect Ambev&#8217;s ability to continue consolidating Bucanero into its financial statements under IFRS 10. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Proposed class action in Quebec </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Labatt and other third-party defendants have been named in a proposed class action lawsuit in the Superior Court of Quebec seeking unquantified compensatory and punitive damages.&#160;The plaintiffs allege that the defendants failed to warn of certain specific health risks of consuming defendants&#8217; alcohol beverages.&#160;A <span style="white-space:nowrap">sub-class</span> of plaintiffs further alleges that their diseases were caused by the consumption of defendants&#8217; products.&#160;The proposed class action has not been authorized by the Superior Court.</p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Tanzania Breweries Limited </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Tanzania Breweries Limited (&#8220;<span style="font-weight:bold">TBL</span>&#8221;), our subsidiary in Tanzania, received a tax assessment for TSh 850&#160;billion (USD 0.3 billion) related to income tax on the alleged capital gain derived from the change in underlying ownership of TBL which the Tanzania Revenue Authority claims was more than 50% following the 2016 combination of SAB and AB InBev. TBL filed an appeal to the Tax Revenue Appeals Board with a hearing date initially scheduled for June 2025, which has been postponed. No related provision has been made. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">The South African Breweries (Pty) Ltd. </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The South African Revenue Service (&#8220;<span style="font-weight:bold">SARS</span>&#8221;) conducted an audit of our South African subsidiary, the South African Breweries (Pty) Ltd. (&#8220;<span style="font-weight:bold">SAB</span>&#8221;), in relation to the 2017 repurchase of SAB&#8217;s equity stake in Coca-Cola Beverages Africa (Pty) Ltd (&#8220;<span style="font-weight:bold">CCBA</span>&#8221;), the Coca-Cola bottling business in Africa, by CCBA and the related subscription for shares in CCBA by subsidiaries of The Coca-Cola Company (&#8220;<span style="font-weight:bold">TCCC</span>&#8221;). The assessment claimed that SAB owed ZAR 6.4&#160;billion (USD 0.4 billion) in taxes plus penalties and interest, which as at the time of assessment totaled ZAR 17.7&#160;billion (USD 1.0 billion). The repurchase transaction also included an indemnity for certain tax liabilities of CCBA. CCBA notified SAB that CCBA had received an assessment from SARS for ZAR 8.9&#160;billion (USD 0.5 billion). Both of these assessments were contested. Both disputes have been resolved and SAB has paid ZAR 4.5&#160;billion (USD 0.3 billion) in respect of these South African tax matters to SARS. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Union de Cervecerias Peruanas Backus&#160;&amp; Johnston and Cerveceria San Juan S.A. </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Peruvian majority owned subsidiaries, Union de Cervecerias Peruanas Backus&#160;&amp; Johnston (&#8220;<span style="font-weight:bold">Backus</span>&#8221;) and Cerveceria San Juan S.A (&#8220;<span style="font-weight:bold">San Juan</span>&#8221;), challenged the amount of excise tax paid to the Peru tax authority (&#8220;<span style="font-weight:bold">SUNAT</span>&#8221;) for the years 2014 to 2019. SUNAT initiated tax audits for the periods involved, rejected the refund claims and assessed further excise taxes for the period of 2017 to 2019. If Backus and San Juan are successful, no excise tax would ultimately be payable and the claim could result in the refund of approximately 3.0&#160;billion Peruvian sol (USD 0.9 billion). If unsuccessful, management estimates the possible loss to be approximately 2.1&#160;billion Peruvian sol (USD 0.6 billion). Backus and San Juan have <span style="white-space:nowrap">pre-paid</span> a portion of the amounts assessed, 0.5&#160;billion Peruvian sol (USD 0.1 billion), pending outcome of the challenge and any appeal(s). In November 2024, Backus and its main UK shareholder submitted an arbitration request to the International Centre for Settlement of Investment Disputes (&#8220;<span style="font-weight:bold">ICSID</span>&#8221;), against Peru, claiming that the tax assessments violated international law. In June 2025, the arbitral tribunal issued a provisional measure pursuant to which Backus, San Juan, and AB InBev Southern Investment Ltd shall not be required to make any further payments until the tribunal has issued its final decision. No related provision has been made for this matter. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Dividend Policy </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our current dividend policy is to declare a dividend representing in aggregate at least 25% of our consolidated profit attributable to our equity holders, excluding exceptional items, such as restructuring charges, gains or losses on business disposals and impairment charges, subject to applicable legal provisions relating to distributable profit. On 11&#160;February 2026, our Board proposed a dividend of EUR 1.00 per share, subject to shareholder approval at our annual general meeting on 29&#160;April 2026. Combined with an interim dividend of EUR 0.15 per share paid in November 2025, the full year dividend for 2025 would be EUR 1.15 per share. In line with our financial discipline and deleveraging objectives, the recommended final dividend balances our capital allocation priorities and dividend policy while returning cash to shareholders. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The dividends are approved by our annual shareholders&#8217; meeting and are paid on the dates and at the places appointed by our Board. Our Board may pay an interim dividend in accordance with the provisions of the Belgian Companies Code. Any dividends are paid on the dates and at the places communicated by the Board of Directors. </p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_45"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SIGNIFICANT CHANGES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_46"><span style="font-weight:bold">ITEM&#8201;9.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">THE OFFER AND LISTING </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_47"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">OFFER AND LISTING DETAILS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Principal Equity Markets </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a publicly traded company, with our primary listing on Euronext Brussels under the symbol &#8220;ABI.&#8221; We also have secondary listings on the Johannesburg Stock Exchange under the symbol &#8220;ANH&#8221; and the Mexican Stock Exchange under the symbol &#8220;ANB.&#8221; ADSs representing rights to receive our Ordinary Shares are listed and trade on the NYSE under the symbol &#8220;BUD.&#8221; On 16&#160;September 2009, we listed 1,608,663,943 Ordinary Shares represented by ADSs on the NYSE. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Share Details </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;10. Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information&#8212;Form and Transferability of Our Shares&#8221; for details regarding our shares. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of our shares is entitled to one vote except for shares owned by us, or by any of our direct subsidiaries, the voting rights of which are suspended. Shares held by our main shareholders do not entitle such shareholders to different voting rights. Our Restricted Shares are unlisted and not admitted to trading on any stock exchange. Since 11&#160;October 2021, the Restricted Shares are convertible at the election of the holder into new Ordinary Shares on a <span style="white-space:nowrap"><span style="white-space:nowrap">one-for-one</span></span> basis and they rank equally with the Ordinary Shares with respect to dividends and voting rights. As of 31&#160;December 2025, of the 326&#160;million Restricted Shares issued at the time of the combination with SAB, 103,957,838 Restricted Shares have been converted into new Ordinary Shares. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_48"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PLAN OF DISTRIBUTION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_49"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MARKETS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are incorporated under the laws of Belgium (register of legal entities number 0417.497.106), and our shares are listed on the regulated market of Euronext Brussels under the symbol &#8220;ABI.&#8221; We also have secondary listings of our shares on the Johannesburg Stock Exchange under the symbol &#8220;ANH&#8221; and on the Mexican Stock Exchange under the symbol &#8220;ANB.&#8221; The securities that we have listed on the NYSE are ADSs, each of which represents one of our shares. We listed 1,608,663,943 ADSs on the NYSE on 16&#160;September 2009 (such number equal to the number of our shares plus the number of warrants on our shares outstanding as of 7&#160;September 2009). For more information on our shares, see &#8220;Item&#160;10. Additional Information&#8212;B. Memorandum and Articles of Association and Other Share Information&#8212;Form and Transferability of Our Shares.&#8221; Our ADSs are described in greater detail under &#8220;Item&#160;12. Description of Securities Other Than Equity Securities&#8212;D. American Depositary Shares.&#8221; </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Euronext Brussels </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Euronext Brussels is a subsidiary of Euronext N.V. and holds a license as a Belgian market operator under the Belgian Act of 2&#160;August 2002. Pursuant to this legislation, the FSMA is responsible for disciplinary powers against members and issuers, control of sensitive information, supervision of markets, and investigative powers. Euronext Brussels is responsible for the organization of the markets and the admission, suspension and exclusion of members, and has been appointed by law as the &#8220;competent authority&#8221; within the meaning of the Listing Directive (Directive 2001/34/EC of 28&#160;May 2001 of the European Parliament, as amended). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe&#8217;s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of December 2025, Euronext&#8217;s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host nearly 1,700 listed issuers with around &#8364;6.7 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Trading Platform and Market Structure</span>. Euronext operates seven markets in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal, all of which are subject to the Markets in Financial Instruments Directive (Directive 2004/39/EC of 21&#160;April 2004 of the European Parliament, as amended). Trading on Euronext is governed both by a single harmonized rulebook for trading on each of Euronext&#8217;s markets and by <span style="white-space:nowrap">non-harmonized</span> Euronext Rulebooks containing a few local exchange-specific rules. Euronext&#8217;s trading rules provide for an order-driven market using an open electronic central order book for each traded security, various order types and automatic order matching and a guarantee of full anonymity both for orders and trades. In November 2025, Euronext acquired a majority stake in the Athens Stock Exchange (ATHEX), expanding its footprint. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Trading Members</span>. The majority of Euronext&#8217;s cash trading members are brokers and dealers based in Euronext&#8217;s marketplaces, but also include members in other parts of Europe, most notably the United Kingdom and Germany. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Clearing and Settlement</span>. Clearing and settlement of trades executed on Euronext in Europe are generally handled by Euronext Clearing. Euroclear is taking care of the settlement part of the transactions. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SELLING SHAREHOLDERS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_51"><span style="font-weight:bold">E.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DILUTION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_52"><span style="font-weight:bold">F.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EXPENSES OF THE ISSUE </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_53"><span style="font-weight:bold">ITEM&#8201;10.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">ADDITIONAL INFORMATION </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_54"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SHARE CAPITAL </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p>
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<td style="width:5%;vertical-align:top;text-align:left" id="txa65314_55"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MEMORANDUM AND ARTICLES OF ASSOCIATION AND OTHER SHARE INFORMATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A copy of our articles of association dated 2&#160;January 2026 has been filed as Exhibit&#160;1.1 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Corporate Profile </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a public limited liability company incorporated in the form of a soci&#233;t&#233; anonyme/naamloze vennootschap under Belgian law (Register of Legal Entities number 0417.497.106 (Brussels)). Our registered office is located at Grand-Place/Grote Markt 1, 1000 Brussels, Belgium, and our headquarters are located at Brouwerijplein 1, 3000 Leuven, Belgium. We were incorporated on 3&#160;March 2016 for an unlimited duration under the laws of Belgium under the original name Newbelco SA/NV, and are the successor entity to predecessor Anheuser-Busch InBev SA/NV, which was incorporated on 2&#160;August 1977 for an unlimited duration under the laws of Belgium under the original name BEMES and which we absorbed on 10&#160;October 2016. Our financial year runs from 1&#160;January to 31&#160;December. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Corporate Purpose </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">According to Article 4 of our articles of association, our corporate purpose is: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">to produce and deal in all kinds of products, including (but not limited to) beers, drinks, foodstuffs and any ancillary products, as well as all <span style="white-space:nowrap">by-products</span> and accessories, of whatsoever use, origin, purpose or form, and to provide all kinds of services; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">to acquire, hold and manage direct or indirect shareholdings or interests in companies, undertakings or other entities having a corporate purpose similar or related to, or likely to promote directly or indirectly the attainment of the foregoing corporate purpose, in Belgium and abroad, and to finance such companies, undertakings or other entities by means of loans, guarantees or in any other manner whatsoever. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In general, we may engage in any commercial, industrial and financial transactions, in moveable and real estate transactions, in research and development projects, as well as in any other transaction likely to promote directly or indirectly the attainment of our corporate purpose. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Amendments to Articles of Association </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 2&#160;January 2026, our Articles of Association were amended to update the number of Restricted Shares that remained outstanding as of 31&#160;December 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Board of Directors </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A description of the provisions of our articles of associations as applied to our board of directors can be found in &#8220;Item&#160;6. Directors, Senior Management and Employees&#8212;A. Directors and Senior Management&#8212;Board of Directors&#8221; and &#8220;Item&#160;6. Directors, Senior Management and Employees&#8212;C. Board Practices.&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are relying on a provision in the NYSE Listed Company Manual that allows us to follow Belgian corporate law and the Belgian Corporate Governance Code with regard to certain aspects of corporate governance. This allows us to continue following certain corporate governance practices that differ in significant respects from the corporate governance requirements applicable to U.S. companies listed on the NYSE. See &#8220;Item&#160;16G. Corporate Governance&#8221; for a concise summary of the significant ways in which our corporate governance practices differ from those followed by a U.S. company under the NYSE rules. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Belgian law does not regulate specifically the ability of directors to borrow money from Anheuser-Busch InBev SA/NV. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Corporate Governance Charter prohibits us from making loans to directors, whether for the purpose of exercising options or for any other purpose (except for routine advances for business-related expenses in accordance with our rules for reimbursement of expenses). See &#8220;Item&#160;7. Major Shareholders and Related Party Transactions&#8212;B. Related Party Transactions&#8212;Transactions with Directors and Executive Committee Members (Key Management Personnel).&#8221; </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, Article 7:96 of the Belgian Companies Code provides that if one of our directors directly or indirectly has a personal financial interest that conflicts with the interest of the company in respect of a decision or transaction that falls within the powers of our Board, the director concerned must inform our other directors before our Board makes any decision on such transaction. The statutory auditor must also be notified. The director may not participate in the deliberation or vote on the conflicting decision or transaction. An excerpt from the minutes of the meeting of our Board that sets forth the nature of the decision or transaction and the financial impact of the matter on us and justifies the decision of our Board must be published in our annual report. The statutory auditors&#8217; report to the annual accounts must assess the financial impact on us of each of the decisions of our Board where director conflicts arise. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Form and Transferability of Our Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our share capital is represented by 2,019,241,973 shares. There are two classes of shares: all shares are Ordinary Shares, except for the Restricted Shares which were issued as part of the combination with SAB. Since 11&#160;October 2021, the Restricted Shares are convertible at the election of their holders into new Ordinary Shares on a <span style="white-space:nowrap"><span style="white-space:nowrap">one-for-one</span></span> basis. Following conversion requests made until 31&#160;December 2025, as of 1&#160;January 2026, 222,041,979 Restricted Shares remain outstanding, compared to 1,797,199,994 Ordinary Shares outstanding on such date, representing 11.00% and 89.00% of the share capital of the Company, respectively. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Ordinary Shares can take the form of registered shares or dematerialized shares. Restricted Shares may only be held in registered form. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All of our shares are fully <span style="white-space:nowrap">paid-up.</span> Ordinary Shares are freely transferable. Until 10&#160;October 2021, Restricted Shares were subject to the transfer restrictions summarized below. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Restricted Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Restrictions on Transfers and Pledges </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Until 10&#160;October 2021, holders of Restricted Shares (each, a &#8220;<span style="font-weight:bold">Restricted Shareholder</span>&#8221;) were not able to transfer, sell, contribute, offer, grant any option on, otherwise dispose of, pledge, charge, assign, mortgage, grant any lien or any security interest on, enter into any certification (<span style="font-style:italic">certification / certificering</span>) or depository arrangement or enter into any form of hedging arrangement with respect to, in each case directly or indirectly, any of their Restricted Shares or any interests therein or any rights relating thereto, or enter into any contract or other agreement to do any of the foregoing, except in the specific instances set out in the Articles of Association in connection with transactions with affiliates and successors or in relation with pledges. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 11&#160;October 2021, these transfer restrictions are no longer applicable, but the Restricted Shares shall automatically convert into Ordinary Shares (on a <span style="white-space:nowrap"><span style="white-space:nowrap">one-for-one</span></span> basis) upon any transfer, sale, contribution or other disposal of Restricted Shares as set out below. </p> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><span style="font-style:italic">Conversion into Ordinary Shares </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Since 11&#160;October 2021, each Restricted Shareholder has the right to convert all or part of its holding of Restricted Shares into Ordinary Shares at its election at any time. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, the Restricted Shares shall automatically convert into Ordinary Shares (i)&#160;upon any transfer, sale, contribution or other disposal, except in the case of permitted transfers to or for the benefit of any person that is an affiliate, a Successor and/or a Successor&#8217;s affiliate of the relevant Restricted Shareholders or in the case of a Pledge Consent, provided that, in such cases, the Restricted Shares shall automatically be converted into Ordinary Shares upon any subsequent transfer, sale, contribution or disposal to any party which is not an affiliate, a Successor or a Successor&#8217;s affiliate of the Restricted Shareholder; (ii)&#160;immediately prior to the closing of a successful public takeover bid for our shares or the completion of a merger of the company as acquiring or disappearing company, in circumstances where the shareholders directly or indirectly, controlling or exercising directly or indirectly joint control over us immediately prior to such takeover bid or merger will not directly or indirectly control, or exercise joint control over, us or the surviving entity following such takeover bid or merger; or (iii)&#160;upon the announcement of a <span style="white-space:nowrap">squeeze-out</span> bid for our outstanding shares, in accordance with Article 7:82 of the Belgian Companies Code. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon conversion, each Restricted Share will be <span style="white-space:nowrap">re-classified</span> as one Ordinary Share. From the time of conversion, the Ordinary Shares will be freely transferable. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Holders of Restricted Shares may benefit from registration rights, as described in &#8220;&#8212;C. Material Contracts&#8212;Material Contracts Related to the Acquisition of SAB&#8212;Registration Rights Agreement.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Changes to Our Share Capital </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Capital Increase by Our Shareholders&#8217; Meeting </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Changes to our share capital may be decided by our shareholders&#8217; meeting. Our shareholders&#8217; meeting may at any time decide to increase or decrease our share capital. Such resolution must satisfy the following quorum and majority requirements: (i)&#160;a quorum of 50% of the issued share capital must be present or represented at the meeting, and (ii)&#160;the capital increase must be approved by at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened where no quorum requirement applies but where the special 75% majority requirement applies. See &#8220;&#8212;Description of the Rights and Benefits Attached to Our Shares&#8212;Right to Attend and Vote at Our Shareholders&#8217; Meeting&#8212;Quorum and Majority Requirements&#8221; below. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Capital Increase by Our Board of Directors </span></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Subject to the same quorum and majority requirements described above, our shareholders&#8217; meeting may authorize our Board, within certain limits, to increase our share capital without any further approval of shareholders, by way of authorized capital. This authorization needs to be limited in time (i.e., it can only be granted for a renewable period of a maximum of five years) and in scope (i.e., the increase by way of authorized capital may not exceed the amount of the share capital at the time of the authorization). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At the annual shareholders&#8217; meeting on 27&#160;April 2022, our shareholders&#8217; meeting authorized our Board to increase the share capital of AB InBev to an amount not to exceed 3% of the total number of shares issued and outstanding on 27&#160;April 2022 (i.e., 2,019,241,973). This authorization has been granted for five years from the date of publication of the amendment of the Articles of Association resolved upon by the shareholders&#8217; meeting held on 27&#160;April 2022 (i.e., until 3&#160;June 2027). It can be used for several purposes, including when the sound management of our business or the need to react to appropriate business opportunities calls for a restructuring, an acquisition (whether private or public) of securities or assets in one or more companies, or generally, any other appropriate increase of our capital. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Preferential Subscription Right and Anti-Dilution </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the event of a share capital increase by way of the issue of new shares, convertible bonds, bonds repayable in shares, subscription rights or other financial instruments giving a right to shares (any such shares, bonds, rights or instruments being &#8220;<span style="font-weight:bold">Equity Interests</span>&#8221;), all shareholders will have a preferential right to subscribe for any such Equity Interests, as set out in and in accordance with Article 7:188 of the Belgian Companies Code. The preferential subscription right shall entitle each shareholder to subscribe for any new Equity Interests, pro rata to the proportion of existing share capital as he or she holds immediately prior to such issue and subject to the rules of Article 7:188 of the Belgian Companies Code. Each shareholder may exercise his or her preferential right in whole or in part. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our shareholders&#8217; meeting may restrict or cancel the preferential subscription right, in accordance with Article 7:191 of the Belgian Companies Code, for a purpose that is in our best interests, provided, however, that if the preferential subscription right is restricted or canceled with respect to any issuance in which any of our shareholders acquires any such Equity Interests, all our shareholders shall be given the same right and be treated in the same way. This requirement shall not apply when the preferential subscription right is restricted or canceled with respect to issuances of Equity Interests issued solely pursuant to stock option plans or other compensation plans in the ordinary course of business. Where our shareholders&#8217; meeting has granted an authorization to our board of directors to effect a capital increase in the framework of the authorized capital and such authorization allows our board of directors to do so, our board of directors may likewise restrict or cancel the preferential subscription right applying the same principles as set out in this paragraph. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any decision to restrict or cancel the preferential subscription right will require a quorum at the shareholders&#8217; meeting of shareholders holding at least 50% of the share capital and, approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, no quorum is required, but the relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No Restricted Shares shall be issued other than to a Restricted Shareholder exercising its preferential subscription right in respect of its holding of Restricted Shares, without prejudice to the right of the Ordinary Shareholders to exercise their second ranking preferential subscription right in accordance with Article 7:188 of the Belgian Companies Code. In case of any event referred to in Article 8.1 of our articles of association, Restricted Shareholders shall only be entitled or required to receive Restricted Shares in respect of the Restricted Shares held by them. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Certain shareholders (including shareholders resident in, or citizens of, certain jurisdictions, such as the United States, Australia, Canada and Japan) may not be entitled to exercise such rights even if they are not disapplied unless the rights and related shares are registered or qualified for sale under the relevant legislative or regulatory framework. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Purchases and Sales of Our Own Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may only acquire our own shares pursuant to a decision by our shareholders&#8217; meeting taken under the conditions of quorum and majority provided for in the Belgian Companies Code. Such a decision requires a quorum at the shareholders&#8217; meeting of shareholders holding at least 50% of the share capital and approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, no quorum is required, but the relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 28&#160;April 2021, our shareholders&#8217; meeting granted an authorization allowing us to acquire our shares, either on or outside of the stock exchange, up to a maximum of 20% of the issued shares for a unitary price which will not be lower than one Euro and not higher than 20% above the highest closing price on Euronext Brussels in the last 20 trading days preceding the transaction. This authorization is valid for five years as from the date of publication in the Belgian State Gazette of the amendment of the Articles of Association resolved upon by the shareholders&#8217; meeting held on 28&#160;April 2021 (i.e., until 1&#160;June 2026). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may only dispose of our own shares in accordance with the conditions of the Belgian Companies Code. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the shares acquired by us as a result of the merger between us and predecessor Anheuser-Busch InBev SA/NV, our Board shall be entitled to dispose of such shares only in connection with (i)&#160;any share delivery obligations undertaken by us prior to 11&#160;November 2015, (ii) any stock option plans or other compensation plans (including the Zenzele schemes) or (iii)&#160;any stock lending agreement or similar arrangement in respect of which we used our own shares for the purposes set out in items (i)&#160;and (ii). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;16E. Purchases of Equity Securities by the Issuer&#8221; for details of our recent share repurchase programs. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Description of the Rights and Benefits Attached to Our Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Right to Attend and Vote at Our Shareholders&#8217; Meeting </span></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Ordinary Shareholders&#8217; Meeting </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our ordinary shareholders&#8217; meeting will be held on the last Wednesday of April of each year, at 11:00 a.m., Belgian time, in one of the municipalities of the Brussels-Capital Region, in Leuven or in Li&#232;ge, at the place which will be mentioned in the convening notice. If this date is a legal holiday, the meeting will be held on the next business day at the same time. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At this meeting, our Board and the statutory auditor will present a report on our management and financial situation as at the end of the previous accounting year, which shall run from 1&#160;January to 31&#160;December. The shareholders will then vote on the approval of the annual accounts, the allocation of our profit or loss, the appointment or renewal, if necessary, of directors or statutory auditors, remuneration of the directors and the auditor and the release from liability of the directors and the statutory auditor. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The convening notice to the upcoming annual shareholders&#8217; meeting to be held on 29&#160;April 2026 will be published on 27&#160;March 2026 and will contain further information on the format of the meeting and modalities for participation. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Ad hoc and Extraordinary Shareholders&#8217; Meetings </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board or our statutory auditor (or the liquidators, if appropriate) may, whenever our interests so require, convene a special or extraordinary shareholders&#8217; meeting. Such shareholders&#8217; meeting must also be convened every time one or more of our shareholders holding at least <span style="white-space:nowrap">one-tenth</span> of our share capital so demand. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Such shareholders&#8217; meetings shall be held on the day, at the hour and in the place designated by the convening notice. They may be held at locations other than our registered office. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Notices Convening Our Shareholders&#8217; Meeting </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices of our shareholders&#8217; meetings contain the agenda of the meeting and the recommendations of our board of directors on the matters to be voted upon. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices for our shareholders&#8217; meetings will be sent 30 days prior to the date of our shareholders&#8217; meetings to the holders of our registered shares and to our directors and our statutory auditor. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices of all our shareholders&#8217; meetings and all related documents, such as specific board of directors&#8217; and auditor&#8217;s reports, will also be published on our website. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Admission to Meetings </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All shareholders are entitled to attend our shareholders&#8217; meetings, take part in the deliberations and, within the limits prescribed by the Belgian Companies Code and our articles of association, vote, provided they have complied with the formalities for admission set out in the convening notice. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The right to participate in and vote at a shareholders&#8217; meeting will require a shareholder to: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">have the ownership of his or her shares recorded in his or her name on the 14th calendar day preceding the date of the shareholders&#8217; meeting, either through registration in the register of our registered shares, for holders of registered shares, or through book-entry in the accounts of an authorized account holder or central securities depositary, for holders of dematerialized shares; and </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">notify us (or a person designated by us) at the latest on the sixth calendar day preceding the date of the shareholders&#8217; meeting of his or her intention to participate in the meeting, indicating the number of shares in respect of which he or she intends to do so. In addition, a holder of dematerialized shares must, at the latest on the same day, provide us (or a person designated by us) with an original certificate issued by an authorized account holder or a central securities depositary certifying the number of shares owned by the relevant shareholder on the record date for the shareholders&#8217; meeting and for which he or she has notified his or her intention to participate in that meeting. </p></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Voting by Proxy </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any shareholder with the right to vote may either personally participate in the meeting or give a proxy to another person, who need not be a shareholder, to represent him or her at the meeting. A shareholder may designate, for a given meeting, only one person as proxy holder, except in circumstances where Belgian law allows the designation of multiple proxy holders. The appointment of a proxy holder may take place in paper form or electronically (in which case, the form shall be signed by means of an electronic signature in accordance with applicable Belgian law), through a form which shall be made available by us. The signed original paper or electronic form must be received by us at the latest on the sixth calendar day preceding the date of the shareholders&#8217; meeting. Any appointment of a proxy holder shall comply with relevant requirements of applicable Belgian law in terms of conflicting interests, record keeping and any other applicable requirements. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Vote by Correspondence </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any shareholder with the right to vote may vote remotely in advance of our shareholders&#8217; meeting by sending a paper form or, if permitted by us in the notice convening the meeting, by sending a form electronically (in which case, the form shall be signed by means of an electronic signature in accordance with applicable Belgian law). These forms shall be made available by us. Only forms received by us at the latest on the sixth calendar day preceding the date of the meeting will be taken into account. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Shareholders voting remotely must, in order for their vote to be taken into account for the calculation of the quorum and voting majority, comply with the admission formalities set out in the convening notice. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Right to Request Items Be Added to the Agenda and to Ask Questions at the Shareholders&#8217; Meeting </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">One or more shareholders that together hold at least 3% of our share capital may request for items to be added to the agenda of any convened meeting and submit proposals for resolutions with regard to existing agenda items or new items to be added to the agenda, provided that (i)&#160;they prove ownership of such shareholding as at the date of their request and record their shares representing such shareholding on the record date for the relevant shareholders&#8217; meeting and (ii)&#160;the additional items to be added to the agenda and/or proposed resolutions have been sent in writing (by registered mail or <span style="white-space:nowrap">e-mail)</span> by these shareholders to our registered office no later than on the twenty-second day preceding the date of the relevant shareholders&#8217; meeting. Such shareholdings must be proven by a certificate evidencing the registration of the relevant shares in our share register or by a certificate issued by the authorized account holder or the central securities depositary certifying the book-entry of the relevant number of dematerialized shares in the name of the relevant shareholder(s). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We shall acknowledge receipt of shareholders&#8217; requests within 48 hours and, if required, publish a revised agenda of the shareholders&#8217; meeting at the latest on the 15th day preceding the date of the shareholders&#8217; meeting. The right to request that items be added to the agenda or that proposed resolutions in relation to existing agenda items be submitted does not apply in case of a second shareholders&#8217; meeting that must be convened because the quorum was not obtained during the first shareholders&#8217; meeting. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Within the limits of Article 7:139 of the Belgian Companies Code, our directors and our auditor shall answer, during the shareholders&#8217; meeting, any questions raised by shareholders. Shareholders may ask questions either during the meeting or in writing, provided that we receive the written question at the latest on the sixth day preceding the date of the shareholders&#8217; meeting. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Quorum and Majority Requirements </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of our shares is entitled to one vote except for shares owned by us, or by any of our subsidiaries, the voting rights of which are suspended. Without prejudice to the specific rights and obligations attached to the Restricted Shares, the shares held by our principal shareholders do not entitle such shareholders to different voting rights. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Save as provided in the Belgian Companies Code and our articles of association, there will be no quorum requirement at our shareholders&#8217; meetings and decisions will be taken by a simple majority vote. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Resolutions relating to amendments of our articles of association or a merger or split are subject to special quorum and majority requirements. Specifically, any resolution on these matters will require the presence in person or by proxy of shareholders holding an aggregate of at least 50% of our issued share capital, and the approval of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, the quorum requirement will not apply. However, the special majority requirement will continue to apply. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Resolutions relating to the modification of the rights attached to a particular class of our shares are subject to special quorum and majority requirements. Specifically, any resolution on these matters will require the presence in person or by proxy of shareholders holding an aggregate of at least 50% of the issued share capital in each class of our shares and the approval of at least 75% of the votes cast at the meeting in each class of our shares (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, the quorum requirement will not apply. However, the special majority requirement will continue to apply. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any modification of our corporate purpose will require a quorum of shareholders holding an aggregate of at least 50% of the share capital and approval by a qualified majority of at least 80% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, no quorum will be required, but the relevant resolution must be approved by a qualified majority of at least 80% of the votes cast at the meeting (not counting abstentions). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any authorization to repurchase shares will require a quorum of shareholders holding an aggregate of at least 50% of the share capital and approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, no quorum will be required, but the relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to Article 40 of our articles of association, any acquisition or disposal of tangible assets by us for an amount higher than the value of <span style="white-space:nowrap">one-third</span> of our consolidated total assets as reported in our most recent audited consolidated financial statements shall be within the exclusive jurisdiction of our shareholders&#8217; meeting and shall be adopted with a positive vote of 75% of the shares attending or represented at the meeting, regardless of the number of shares attending or represented. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Dividends </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All of our shares participate equally in our profits. Our Ordinary Shares (including our Ordinary Shares represented by our ADSs) and Restricted Shares have the same rights in relation to dividends and other distributions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Belgian Companies Code provides that dividends can only be paid up to an amount equal to the excess of our shareholders&#8217; equity over the sum of <span style="white-space:nowrap">(i)&#160;paid-up</span> or <span style="white-space:nowrap">called-up</span> share capital and (ii)&#160;reserves not available for distribution pursuant to law or our articles of association. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In general, we may only pay dividends with the approval of the shareholders&#8217; meeting. The annual dividend payment (if any) will be approved by our shareholders at our Ordinary Shareholders&#8217; meeting and will be paid on the dates and the places determined by our board of directors. In addition, our Board may declare interim dividends without shareholder approval, in accordance with the provisions of the Belgian Companies Code and Article 44 of our articles of association. It is expected that our Board will decide the payment of dividends on a semi-annual basis. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&#160;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Dividend Policy&#8221; for further information on our current dividend policy. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Appointment of Directors </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under our articles of association, the directors are appointed as follows: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">four independent directors will be appointed by our shareholders&#8217; meeting upon proposal by our board of directors; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">so long as the Stichting and/or any of its affiliates, any of their respective successors and/or successors&#8217; affiliates own, in aggregate, more than 30% of the shares with voting rights in our share capital, eight directors will be appointed by our shareholders&#8217; meeting upon proposal by the Stichting (and/or any of its affiliates, any of their respective successors and/or successors&#8217; affiliates); and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">so long as the Restricted Shareholders, together with their affiliates and/or any of their successors and/or successors&#8217; affiliates, own in aggregate: </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 13.5% of the shares with voting rights in our share capital, three directors will be appointed by our shareholders&#8217; meeting upon proposal by the Restricted Shareholders; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 9% but not more than 13.5% of the shares with voting rights in our share capital, two directors will be appointed by our shareholders&#8217; meeting upon proposal by the Restricted Shareholders; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">more than 4.5% but not more than 9% of the shares with voting rights in our share capital, one director will be appointed by our shareholders&#8217; meeting upon proposal by the Restricted Shareholders; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">4.5% or less than 4.5% of the shares with voting rights in our share capital, the Restricted Shareholders will no longer have the right to propose any candidate for appointment as a member of our board of directors and no directors will be appointed upon proposal by the Restricted Shareholders. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The percentage of shares with voting rights in our share capital necessary for the appointment of directors as described in this section is determined 120 days before our annual shareholders&#8217; meeting, i.e. 30&#160;December 2025 for the meeting to be held on 29&#160;April 2026. For purposes of this calculation, the denominator is determined in accordance with rules set out in article 20 of our articles of association, which excludes certain shares which have been disposed of by us from treasury since the completion of the combination with SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In respect of our 2026 annual shareholders&#8217; meeting, the Restricted Shareholders, together with their affiliates and/or any of their successors and/or successors&#8217; affiliates, held in aggregate 262,049,970 shares with voting rights, representing 13.82% of shares with voting rights in our share capital determined in accordance with the foregoing. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Liquidation Rights </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We can only be dissolved by a shareholders&#8217; resolution passed in accordance with the conditions laid down for the amendment of our articles of association (i.e., with a majority of at least 75% of the votes cast (not counting abstentions) at an extraordinary shareholders&#8217; meeting where at least 50% of the share capital is present or represented). </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If, as a result of losses incurred, the ratio of our net assets (determined in accordance with Belgian legal and accounting rules) to share capital is less than 50%, our board of directors must convene an extraordinary shareholders&#8217; meeting within two months as of the date upon which our board of directors discovered or should have discovered this undercapitalization. At this shareholders&#8217; meeting, our board of directors must propose either the dissolution of the company or the continuation of the company, in which case, our board of directors must propose measures to redress our financial situation. Shareholders&#8217; resolutions relating to our dissolution are adopted in accordance with the conditions laid down for the amendments of our articles of association. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If, as a result of losses incurred, the ratio of our net assets to share capital is less than 25%, the same procedure must be followed; provided, however, that in this instance, shareholders representing 25% of the votes validly cast at the relevant shareholders&#8217; meeting can decide to dissolve the company. If the amount of our net assets has dropped below EUR 61,500 (the minimum amount of share capital of a Belgian limited liability company (<span style="font-style:italic">soci&#233;t&#233; anonyme / naamloze vennootschap</span>)), any interested party is entitled to request the competent court to dissolve the company. The court can order the dissolution of the company or grant a grace period within which we may remedy the situation. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the event of our dissolution and liquidation, the assets remaining after payment of all debts and liquidation expenses shall be distributed to the holders of our shares, each receiving a sum proportional to the number of our shares held by them. Our Ordinary Shares and Restricted Shares have the same rights in relation to all proceeds of a dissolution, liquidation or <span style="white-space:nowrap">winding-up.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Transactions with Major Shareholders </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to Article 41 of our Articles of Association, in the event of (i)&#160;a contribution in kind to us with assets owned by any person or entity which is required to file a transparency declaration pursuant to applicable Belgian law or a subsidiary of such person or entity or (ii)&#160;a merger of the company with such a person or entity or a subsidiary of such person or entity, then such person or entity and its subsidiaries shall not be entitled to vote on the resolution submitted to the shareholders&#8217; meeting to approve such contribution in kind or merger. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Disclosure of Significant Shareholdings </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the transparency disclosure thresholds set out by the applicable Belgian legislation (i.e., 5%, 10%, 15% and so on in five percentage point increments), the disclosure obligation set out in such legislation shall also apply as soon as the amount of securities giving voting rights, voting rights and assimilated financial instruments held by a person acting alone or by persons acting in concert reaches, exceeds or falls below a 3% or 7.5% threshold of the total outstanding voting rights. For details of our major shareholders, see &#8220;Item&#160;7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders.&#8221; </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Mandatory Bid </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Public takeover bids for our shares and other securities, if any, are subject to supervision by the FSMA. Any public takeover bids must be extended to all of our voting securities, as well as all other securities giving access to voting rights. Prior to making a bid, a bidder must publish a prospectus which has been approved by the FSMA prior to publication. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Belgium has implemented the Thirteenth Company Law Directive (European Directive 2004/25/EC of 21&#160;April 2004) in the Belgian Law of 1&#160;April 2007 on public takeover bids and the Belgian Royal Decree of 27&#160;April 2007 on public takeover bids. The Belgian Law of 1&#160;April 2007 on public takeover bids provides that a mandatory bid must be launched if a person, as a result of his or her own acquisition or the acquisition by persons acting in concert with him or her or by persons acting for his or her account, directly or indirectly holds more than 30% of the voting rights in a company having its registered office in Belgium and of which at least part of the voting securities are traded on a regulated market or on a multilateral trading facility, as designated by the Belgian Royal Decree of 27&#160;April 2007 on public takeover bids (as set out in &#8220;Item&#160;7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Shareholding Structure&#8221;). </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The mere fact of exceeding the relevant threshold through the acquisition of shares will give rise to a mandatory bid, irrespective of whether the price paid in the relevant transaction exceeds the current market price. The duty to launch a mandatory bid does not apply in case of an acquisition if it can be shown that a third party exercises control over us or that such third party holds a larger stake than the person holding 30% of the voting rights. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are several provisions of Belgian company law and certain other provisions of Belgian law, such as the obligations to disclose significant shareholdings and merger control regulations, that may apply to us and which may make an unsolicited tender offer, merger, change in management or other change in control more difficult. These provisions could discourage potential takeover attempts that other shareholders may consider to be in their best interest and could adversely affect the market price of our shares. These provisions may also have the effect of depriving the shareholders of the opportunity to sell their shares at a premium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the board of directors of a Belgian company may, in certain instances and subject to prior authorization by the shareholders, deter or frustrate public takeover bids through dilutive issuances of equity securities (pursuant to the company&#8217;s authorized capital) or through share <span style="white-space:nowrap">buy-backs</span> (i.e., the purchase of our own shares). </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Limitations on the Right to Own Securities </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Neither Belgian law nor our articles of association imposes any general limitation on the right of <span style="white-space:nowrap">non-residents</span> or foreign persons to hold our securities or exercise voting rights on our securities other than those limitations that would generally apply to all shareholders. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MATERIAL CONTRACTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following contracts have been entered into by us within the two years immediately preceding the date of this <span style="white-space:nowrap">Form&#160;20-F</span> or contain provisions under which we or another member of our group has an obligation or entitlement which is material to our group: </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Material Contracts Related to the Acquisition of SAB </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Information Rights Agreement </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 11&#160;November 2015, we entered into an information rights agreement with Altria (&#8220;<span style="font-weight:bold">Information Rights Agreement</span>&#8221;), pursuant to which we agreed to share certain information to enable Altria to comply with its financial reporting, financial controls and financial planning requirements as they apply to Altria&#8217;s investment in AB InBev. Upon the closing of the combination with SAB, this Information Rights Agreement replaced the existing relationship agreement that was in place between Altria and SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the terms of the combination with SAB, any former SAB shareholder other than Altria is entitled, from completion of the combination with SAB, to enter into an agreement with us on substantially the same terms as the Information Rights Agreement, provided that it is able to demonstrate to the reasonable satisfaction of our board of directors that it meets the following criteria: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">it will be the sole legal and beneficial holder of no less than 10% of our share capital in issue from time to time; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">for the purposes of its financial reporting, it accounts for its shareholding in AB InBev on the basis of the equity method of accounting in accordance with U.S. Generally Accepted Accounting Principles (&#8220;<span style="font-weight:bold">GAAP</span>&#8221;); and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">it is a U.S. listed company subject to the reporting requirements under the Exchange Act and section 404 of the Sarbanes-Oxley Act of 2002. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Information Rights Agreement is filed as Exhibit&#160;4.18 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Tax Matters Agreement </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 11&#160;November 2015, we entered into a tax matters agreement (the &#8220;<span style="font-weight:bold">Tax Matters Agreement</span>&#8221;) with Altria, pursuant to which we agreed to provide assistance and <span style="white-space:nowrap">co-operation</span> to, and to give certain representations and undertakings to, Altria in relation to certain matters that are relevant to Altria under U.S. tax legislation, including the structure and implementation of the combination with SAB. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Tax Matters Agreement sets out the framework for ongoing <span style="white-space:nowrap">co-operation</span> between us and Altria after completion of the combination with SAB in relation to certain matters that are relevant to Altria under U.S. tax legislation. The Tax Matters Agreement provided that, upon completion of the combination with SAB, the existing tax matters agreement in place between Altria and SAB was terminated. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 25&#160;August 2016, we entered into an amended and restated Tax Matters Agreement with Altria, in order to make certain adjustments to the representations as to the structure and implementation of the combination with SAB to reflect additional details that had developed since 11&#160;November 2015. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Tax Matters Agreement is filed as Exhibit&#160;4.17 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Registration Rights Agreement </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 10&#160;October 2016, we entered into a registration rights agreement (the &#8220;<span style="font-weight:bold">Registration Rights Agreement</span>&#8221;) with Altria and BEVCO, pursuant to which we are required to, in certain circumstances, register for resale under the Securities Act all registrable shares held by Restricted Shareholders (which as of 31&#160;December 2025, represent approximately 11.38% of our outstanding shares (excluding treasury shares)) any time after 10&#160;October 2021, the fifth anniversary of the completion of the combination with SAB, at which point, the Restricted Shares became eligible for conversion into Ordinary Shares at the option of the Restricted Shareholder. We are also required to file with the SEC a shelf registration statement relating to such registrable shares pursuant to Rule 415 under the Securities Act at the request of Restricted Shareholders holding, in aggregate, at least the lesser of USD 2.5&#160;billion of our equity securities by market value and 1.5% of our outstanding share capital. We will be responsible for bearing the costs and expenses of each such registration. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, each Restricted Shareholder owning at least 1.0% of our outstanding share capital has certain &#8220;piggyback&#8221; registration rights under the Registration Rights Agreement, pursuant to which such Restricted Shareholder may register the resale of their securities alongside any offering of Ordinary Shares (including ADSs) by AB InBev. We have also agreed to certain other customary provisions, including the indemnification of Altria and BEVCO and the underwriters of any registered offering. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Registration Rights Agreement will terminate on the date when there is no Restricted Shareholder that owns more than the lesser of USD 2.5&#160;billion of our equity securities by market value and 1.5% of our outstanding share capital. The Registration Rights Agreement has been filed as Exhibit&#160;4.19 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">U.S. Department of Justice Consent Decree </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 20&#160;July 2016, we announced that we had entered into a consent decree with the U.S. Department of Justice, which cleared the way for United States approval of the combination with SAB. The terms of the consent decree formalized our agreement to divest SAB&#8217;s U.S. interest in MillerCoors to Molson Coors as well as prior commitments made by us, including: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">that we will not acquire control of a distributor if doing so would result in more than 10% of our U.S. annual volume being distributed through majority-owned distributorships in the U.S.; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">we will not terminate any wholesalers as a result of the combination with SAB. </p></td></tr></table>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The terms of the consent decree also require us to notify the U.S. Department of Justice at least 30 days prior to the consummation of any acquisition of a beer brewer, importer, distributor or brand owner deriving more than USD 7.5&#160;million in annual gross revenue from beer sold for further resale in the United States or from license fees generated by such sales, subject to certain exceptions. Consistent with U.S. regulatory requirements, we cannot consummate such acquisition until 30 days after submitting all information in response to any written request for additional information issued by the U.S. Department of Justice. In addition, certain aspects of our U.S. sales programs and policies have been reviewed and modified to conform to the consent decree to ensure that we do not limit the ability and incentives of independent distributors to sell and promote third-party brewers&#8217; products. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The consent decree will expire on 20&#160;July 2026 (ten years after the U.S. Department of Justice filed its complaint). Our compliance with the consent decree is monitored by the U.S. Department of Justice and the Monitoring Trustee appointed by it. The terms of the consent decree are reflected in the modified final judgment which is filed as Exhibit&#160;4.20 to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold">Sustainability Linked Revolving Credit Facility </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 18&#160;February 2021, we announced the successful signing of a new USD 10.1&#160;billion Sustainability Linked Revolving Credit Facility, which replaced our existing USD 9.0&#160;billion revolving facility. The SLL Revolving Facility had an initial five-year term, which could be extended by an additional two years. Effective as of 17&#160;March 2022, we exercised the first of our two options to extend the maturity of the facility until February 2027. Subsequently, with effect from 8&#160;September 2023, we exercised the second of our two options to further extend the maturity of the facility until February 2028 with total commitments of USD 9.75&#160;billion for the period from February 2027 to February 2028. The facility incorporates a pricing mechanism that incentivized improvement in the following four key performance areas that were aligned with and contributed to our 2025 Sustainability Goals: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">improving water efficiency in our breweries globally; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">increasing PET recycled content in PET primary packaging; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">sourcing purchased electricity from renewable sources; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">reducing greenhouse gas emissions. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The SLL Revolving Facility contains customary representations and warranties, covenants and events of default. Among other things, an event of default is triggered if either a default or an event of default occurs under any of our or our subsidiaries&#8217; financial indebtedness. The obligations of the borrowers under the SLL Revolving Facility are jointly and severally guaranteed by the other borrowers, ABIFI, Anheuser-Busch, Brandbrew S.A.and Brandbev S.&#224; r.l. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We borrow under the SLL Revolving Facility at an interest rate equal to SOFR for U.S. dollar-denominated loans or EURIBOR for Euro-denominated loans plus a margin. The margin is based upon the ratings assigned by rating agencies to our long-term debt and is subject to adjustment depending on our performance with respect to identified sustainability performance targets. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EXCHANGE CONTROLS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are no Belgian exchange control regulations that would affect the remittance of dividends to <span style="white-space:nowrap">non-resident</span> holders of our shares. See &#8220;Item&#160;5. Operating and Financial Review&#8212;H. Liquidity and Capital Resources&#8212;Transfers from Subsidiaries&#8221; for a discussion of various restrictions applicable to transfers of funds by our subsidiaries. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_58"><span style="font-weight:bold">E.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">TAXATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Belgian Taxation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following paragraphs are a summary of material Belgian tax consequences of the ownership and disposal of our shares or ADSs by an investor. The summary is based on laws, treaties and regulatory interpretations in effect in Belgium on the date of this document, all of which are subject to change, including changes that could have retroactive effect. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The summary only discusses Belgian tax aspects which are relevant to U.S. holders of our shares or ADSs (&#8220;<span style="font-weight:bold">Holders</span>&#8221;). This summary does not address Belgian tax aspects which are relevant to persons who are residents in Belgium or engaged in a trade or business in Belgium through a permanent establishment or a fixed base in Belgium. This summary does not purport to be a description of all of the tax consequences of the ownership and disposal of our shares or ADSs, and does not take into account the specific circumstances of any particular investor, some of which may be subject to special rules, or the tax laws of any country other than Belgium. This summary does not describe the tax treatment of investors that are subject to special rules, such as banks, insurance companies, collective investment undertakings, dealers in securities or currencies, or persons that hold, or will hold, our shares or ADSs as a position in a straddle, share-repurchase transaction, conversion transaction, synthetic security or other integrated financial transaction. Investors should consult their own advisers regarding the tax consequences of an investment in our shares or ADSs in the light of their particular circumstances, including the effect of any state, local or other national laws. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Dividend Withholding Tax </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As a general rule, a withholding tax of 30% is levied on the gross amount of dividends paid on or attributed to our shares or ADSs, subject to such relief as may be available under applicable domestic or tax treaty provisions. Dividends subject to the dividend withholding tax include all benefits paid on or attributed to our shares or ADSs, irrespective of their form, as well as reimbursements of statutory share capital, except reimbursements of fiscal capital made in accordance with the Belgian Code of Companies and Associations, subject to certain conditions and a <span style="white-space:nowrap">pro-rate</span> rule (as described below). In principle, fiscal capital includes <span style="white-space:nowrap">paid-up</span> statutory share capital, and subject to certain conditions, the <span style="white-space:nowrap">paid-up</span> issue premiums and the cash amounts subscribed to at the time of the issue of profit-sharing certificates. Note that as of 2018 (i.e., financial years starting on or after 1&#160;January 2018), any reduction of fiscal capital is deemed to be paid out on a pro rata basis of the fiscal capital and certain reserves (i.e., and in the following order: the taxed reserves incorporated in the statutory capital, the taxed reserves not incorporated in the statutory capital and the <span style="white-space:nowrap">tax-exempt</span> reserves incorporated in the statutory capital). Only the part of the capital reduction that is deemed to be paid out of the fiscal capital may, subject to certain conditions, not be considered as a dividend distribution for Belgian tax purposes. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we redeem our own shares or ADSs, the redemption distribution (after deduction of the portion of fiscal capital represented by our redeemed shares or ADSs) will be treated as a dividend, which in certain circumstances may be subject to a withholding tax of 30%, subject to such relief as may be available under applicable domestic or tax treaty provisions. No withholding tax will be triggered if such redemption is carried out on a stock exchange and meets certain conditions. In case of our liquidation, any amounts distributed in excess of the fiscal capital will be subject to a 30% withholding tax, subject to such relief as may be available under applicable domestic or tax treaty provisions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Dividends paid or attributed to <span style="white-space:nowrap">non-resident</span> individuals who do not use our shares or ADSs in the exercise of a professional activity may be exempt from <span style="white-space:nowrap">non-resident</span> individual income tax up to the amount of EUR 859 (for income year 2025). Consequently, if Belgian withholding tax has been levied on dividends paid or attributed to our shares or ADSs, such Belgian <span style="white-space:nowrap">non-resident</span> may request in his or her <span style="white-space:nowrap">non-resident</span> income tax return that any Belgian withholding tax levied on dividends up to the amount of EUR 859 (for income year 2025) be credited and, as the case may be, reimbursed. However, if no Belgian <span style="white-space:nowrap">non-resident</span> income tax return has to be filed by the <span style="white-space:nowrap">non-resident</span> individual, any Belgian withholding tax levied on dividends up to such an amount could in principle be reclaimed by filing a request thereto addressed to the designated tax official. Such a request has to be made at the latest on 31&#160;December of the calendar year following the calendar year in which the relevant dividend(s) have been received, together with an affidavit confirming the <span style="white-space:nowrap">non-resident</span> individual status and certain other formalities which are determined by Royal Decree. For the avoidance of doubt, all dividends paid or attributed to the <span style="white-space:nowrap">non-resident</span> individual are taken into account to assess whether the maximum amount of EUR 859 (for income year 2025) is reached (and hence not only the amount of dividends paid or attributed on our shares or ADSs). A withholding tax exemption will apply on dividends paid by us to a company that is a resident of the United States, provided that: (i)&#160;the U.S. company beneficially owns the dividends and is subject to U.S. corporate income tax or a similar tax without benefiting from a tax regime that deviates from the ordinary U.S. corporate income tax regime, (ii)&#160;the U.S. company has a legal form similar to the ones listed in the Annex to the European Union Parent-Subsidiary Directive of 30&#160;November 2011 (2011/96/EU) (&#8220;<span style="font-weight:bold">EU Parent-Subsidiary Directive</span>&#8221;), as amended from time to time; (iii)&#160;the U.S. company owns, on the date the dividend is payable or attributable, a participation representing less than 10% of our capital but with an acquisition value of at least EUR 2,500,000; (iv) the U.S. company holds our shares or ADSs in full legal ownership for an uninterrupted period of at least one year; and (v)&#160;the U.S. company submits an affidavit to us or our paying agent (see below). The withholding tax exemption only applies to the extent that the withholding tax, which would be due in the absence of said exemption, is in principle not creditable or refundable in the hands of the U.S. resident company. Furthermore, if the dividend recipient is not a small company under the Belgian Companies and Associations Code, the shares represented by the ADSs must have the nature of financial fixed assets. A company is not a small company under the Belgian Companies and Associations Code if the company meets at least two of the following three criteria in two consecutive preceding financial years or fails to fall below at least two of the following three criteria for two consecutive financial years: (i)&#160;an average of 50 full-time employees on annual basis; (ii)&#160;balance total of EUR 6,000,000; and (iii)&#160;annual net turnover, excluding VAT, of EUR 11,250,000. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Shareholders should consult their own advisers regarding the availability of the withholding tax exemption in light of their particular circumstances, including the effect of any state, local or national laws or interpretations thereof. Furthermore, this exemption cannot be applied in cases of tax abuse (i.e. where the taxpayer, through a (series of) legal act(s) has placed itself within the scope of this withholding tax relief regime, contrary to the objectives of the relevant statutory provision and with the decisive or exclusive intention to obtain this tax benefit). The presence of tax abuse can be rebutted by the taxpayer if sufficient genuine economic <span style="white-space:nowrap">(non-tax)</span> motives can be shown for the (series of) legal acts. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In order to benefit from the above withholding tax exemption, the U.S. resident company must provide us or our paying agent with an affidavit confirming the following points: (i)&#160;the U.S. company has a legal form similar to the ones listed in the Annex to the EU Parent-Subsidiary Directive, as amended from time to time; (ii)&#160;the U.S. company is subject to U.S. corporate income tax or a similar tax without benefiting from a tax regime that deviates from the ordinary U.S. corporate income tax regime; (iii)&#160;the acquisition value of the participation amounts to at least EUR 2,500,000 (but representing less than 10% of our capital) and, if the U.S. resident company is not a small company, that the shares represented by the ADSs have the nature of financial fixed assets; (iv)&#160;the dividends relate to our shares or ADSs which the U.S. company holds or has held in full legal ownership for an uninterrupted period of at least one year; (v)&#160;to which extent the Belgian withholding tax, which would be due in the absence of said exemption, is in principle creditable or refundable in the hands of the U.S. company according to the legal provisions in force on December&#160;31 of the year preceding the year of the payment or attribution of the dividends; and (vi)&#160;the full name, legal form, address and, if applicable, the fiscal identification number of the U.S. company. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Withholding tax is also not applicable, pursuant to Belgian domestic tax law, on dividends paid to a U.S. pension fund which satisfies the following conditions: (i)&#160;it is a legal entity with separate legal personality and fiscal residence in the United States; (ii)&#160;whose corporate purpose consists solely in managing and investing funds collected in order to pay legal or complementary pensions; (iii)&#160;whose activity is limited to the investment of funds collected in the exercise of its corporate purpose, without any profit making aim; (iv)&#160;which is exempt from income tax in the United States; and (v)&#160;provided that it is not contractually obligated to redistribute the dividends to any ultimate beneficiary of such dividends for whom it would manage the shares or ADSs, nor obligated to pay a manufactured dividend with respect to the shares or ADSs under a securities borrowing transaction. The exemption will not be applicable to dividends which are connected to an arrangement or a series of arrangements for which the Belgian tax administration has proven that this arrangement or this series of arrangements is not genuine and has been put in place for the main purpose or one of the main purposes of obtaining the dividend received deduction, the above dividend withholding tax exemption or one of the advantages of the EU Parent-Subsidiary Directive in another EU Member State. An arrangement or a series of arrangements is regarded as not genuine to the extent that it is not put into place for valid commercial reasons which reflect economic reality. There is a rebuttable presumption that dividends are deemed to be connected to an artificial transaction if the shares have not been held by the pension fund in full legal ownership for an uninterrupted period of at least 60 days within 15 days from the date of the attribution or payment of the income. The exemption will only apply if the U.S. pension fund provides a certificate confirming that it is the full legal owner of the shares or ADSs and that the above conditions are satisfied. The organization must then forward that certificate to us or our paying agent. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For <span style="white-space:nowrap">non-resident</span> individuals and companies, the dividend withholding tax will be the only tax on dividends in Belgium, unless the <span style="white-space:nowrap">non-resident</span> holds our shares or ADSs in connection with a business conducted in Belgium, through a fixed base in Belgium or a Belgian permanent establishment. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Relief of Belgian Dividend Withholding Tax </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the income tax convention between the United States of America and Belgium (the &#8220;<span style="font-weight:bold">Treaty</span>&#8221;), there is a reduced Belgian withholding tax rate of 15% on dividends paid by us to a U.S. resident that beneficially owns the dividends and is entitled to claim the benefits of the Treaty under the limitation of benefits article included in the Treaty (&#8220;<span style="font-weight:bold">Qualifying Holders</span>&#8221;). If such Qualifying Holder is a company that owns directly at least 10% of our voting stock, the Belgian withholding tax rate is further reduced to 5%. No withholding tax is, however, applicable if the Qualifying Holder is: (i)&#160;a company that is a resident of the United States that has owned directly our shares or ADSs representing at least 10% of our capital for a <span style="white-space:nowrap">12-month</span> period ending on the date the dividend is declared; or (ii)&#160;a pension fund that is a resident of the United States, provided that such dividends are not derived from the carrying on of a business by the pension fund or through an associated enterprise. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the normal procedure, we or our paying agent must withhold the full Belgian withholding tax (without taking into account the Treaty rate). Qualifying Holders may make a claim for reimbursement for amounts withheld in excess of the rate defined by the Treaty. The reimbursement form (Form&#160;276 <span style="white-space:nowrap">Div-Aut.)</span> may be obtained from the Centre &#201;trangers &#8211; Team 6, 50 box 3429 Boulevard du Jardin Botanique, 1000 Brussels, Belgium. Qualifying Holders may also, subject to certain conditions, obtain the reduced Treaty rate at source. Qualifying Holders should deliver a duly completed Form&#160;276 <span style="white-space:nowrap">Div-Aut.,</span> accompanied by a duly stamped and signed form 6166, no later than ten days after the date on which the dividend becomes payable. U.S. holders should consult their own tax advisers as to whether they qualify for reduction in withholding tax upon payment or attribution of dividends, and as to the procedural requirements for obtaining a reduced withholding tax upon the payment of dividends or for making claims for reimbursement. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Capital Gains and Losses </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the Treaty, capital gains and/or losses realized by a Qualifying Holder from the sale, exchange or other disposition of our shares or ADSs do not fall within the scope of application of Belgian domestic tax law. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Capital gains realized on our shares or ADSs by a corporate Holder which is not entitled to claim the benefits of the Treaty under the limitation of benefits article included in the Treaty are generally not subject to taxation and losses are not deductible, provided that our shares or ADSs are neither held in connection with a business conducted in Belgium, nor through a fixed base or permanent establishment in Belgium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Private individual Holders who are not entitled to claim the benefits of the Treaty under the limitation of benefits article included in the Treaty and who are holding our shares or ADSs as a private investment will, as a rule, not be subject to tax on any capital gains arising out of a disposal of our shares or ADSs and capital losses will, as a rule, not be deductible in Belgium, subject to the exceptions below. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If capital gains realized by private individual Holders who are not entitled to claim the benefits of the Treaty under the limitation of benefits article included in the Treaty on our shares or ADSs are deemed to be realized outside the scope of the normal management of such individual&#8217;s private estate and the capital gain is obtained or received in Belgium, the gain will be subject to a final professional withholding tax of 30.28% or must be reported in a <span style="white-space:nowrap">non-resident</span> tax return for the income year during which the gain has been realized, in which case the gain will be taxable at the rate of 35.31% (33% with a current surcharge of 7%). The Official Commentary to the ITC 1992 stipulates that occasional transactions on a stock exchange regarding our shares or ADSs should not be considered as transactions realized outside the scope of normal management of one&#8217;s own private estate. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Capital gains realized by such individual Holders on the disposal of our shares or ADSs for consideration, outside the exercise of a professional activity, to a foreign State (or one of its political subdivisions or local authorities) or to a <span style="white-space:nowrap">non-resident</span> legal entity or company (or a body constituted in a similar legal form) that is established outside the European Economic Area, are in principle taxable at a rate of 17.66% (16.5% plus a current </p>
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surcharge of 7%) if, at any time during the five years preceding the sale, such individual Holder has owned directly or indirectly, alone or with his/her spouse or with certain relatives, a substantial shareholding in us (more than 25% of our shares). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Capital gains realized by a Holder upon the redemption of our shares or ADSs or upon our liquidation will generally be taxable as a dividend (see above). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Legislation relating to the taxation of capital gains in the hands of Belgian resident private individuals and <span style="white-space:nowrap">non-profit</span> legal entities has been announced by the Belgian government but remains subject to parliamentary approval. Capital gains realised by Belgian <span style="white-space:nowrap">non-residents</span> are not in scope based on the proposed legislation, as currently drafted. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Estate and Gift Tax </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There is no Belgium estate tax on the transfer of our shares or ADSs on the death of a Belgian <span style="white-space:nowrap">non-resident.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Donations of our shares or ADSs made in Belgium may or may not be subject to gift tax depending on how the donation is carried out. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Belgian Tax on Securities Accounts </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">An annual tax of 0.15% is levied on securities accounts of which the average value of the taxable financial instruments (covering, amongst others, financial instruments such as our shares or ADSs) held thereon during a reference period of twelve consecutive months starting on 1&#160;October and ending on 30&#160;September of the subsequent year, would exceed EUR 1&#160;million. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The amount of the tax due is limited to 10% of the difference between said average value of the taxable financial instruments, and the threshold of EUR 1&#160;million. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The tax targets, among others, securities accounts held by <span style="white-space:nowrap">non-resident</span> individuals, companies and legal entities with a financial intermediary established or located in Belgium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A financial intermediary is defined as (i)&#160;the National Bank of Belgium, the European Central Bank and foreign central banks performing similar functions, (ii)&#160;a central securities depository included in article 198/1, &#167;6, 12&#176; of the Belgian Income Tax Code, (iii)&#160;a credit institution or a stockbroking firm as defined by Article 1, &#167;3 of the Law of 25&#160;April 2014 on the status and supervision of credit institutions and investment companies and (vi)&#160;the investment companies as defined by Article 3, &#167;1 of the Law of 25&#160;October 2016 on access to the activity of investment services and on the legal status and supervision of portfolio management and investment advice companies, which are, pursuant to national law, admitted to hold financial instruments for the account of customers. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are various exemptions, such as securities accounts (in)directly held by <span style="white-space:nowrap">non-residents</span> for their own account at central securities depositories or at a depositary bank accredited by the National Bank of Belgium. This exemption is subject to the condition that the securities accounts are not attributable to a Belgian branch of the <span style="white-space:nowrap">non-residents.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The law of 11&#160;February 2021 introduced anti-abuse provisions retroactively applying as from October&#160;30, 2020: a rebuttable general anti-abuse provision and two irrebuttable specific anti-abuse provisions. The latter covered the splitting of a securities account into multiple securities accounts held at the same intermediary and the conversion of taxable financial instruments held in a securities account, into registered financial instruments. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 29&#160;July 2025, a new anti-abuse provision was established regarding the Belgian Tax on Securities Accounts, which consists of a refutable presumption of abuse and an information duty (in principle for the financial intermediary) in the case of certain conversions or transfers regarding securities deposited in a securities account. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In November 2025, the Belgian Government announced that the rate of Belgian tax on securities accounts will be increased from 0.15% to 0.3%, but draft legislation to implement this change has not yet been submitted to the Belgian Parliament. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Belgian Tax on Stock Exchange Transactions </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A tax on stock exchange transactions is normally levied on the purchase and the sale and on any other acquisition and transfer for consideration in Belgium of our existing shares or ADSs through a professional intermediary established in Belgium on the secondary market <span style="white-space:nowrap">(so-called</span> &#8220;secondary market transactions&#8221;). The tax on stock exchange transactions is not due upon the issuance of the New Shares (primary market transactions). The applicable rate amounts to 0.35% of the consideration paid, but with a cap of EUR 1,600 (USD 1,798) per transaction and per party. Such tax is separately due by each party to the transaction, and each of those is collected by the professional intermediary. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Belgian <span style="white-space:nowrap">non-residents</span> who purchase or otherwise acquire or transfer, for consideration, existing shares or ADSs in Belgium for their own account through a professional intermediary may be exempt from the stock market tax if they deliver a certificate to the intermediary in Belgium confirming their <span style="white-space:nowrap">non-resident</span> status. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the above, no tax on stock exchange transactions is due on transactions entered into by the following parties: (i)&#160;professional intermediaries described in Article 2, 9&#176; and 10&#176; of the Law of 2&#160;August 2002 acting for their own account, (ii)&#160;insurance companies described in Article 2, &#167; 1 of the Law of 9&#160;July 1975 acting for their own account, (iii)&#160;professional retirement institutions referred to in Article 2, 1&#176; of the Law of 27&#160;October 2006 relating to the control of professional retirement institutions acting for their own account, (iv)&#160;collective investment institutions acting for their own account or (v)&#160;regulated real estate companies acting for their own account. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No tax on stock exchange transactions will thus be due by Holders on the subscription, purchase or sale of existing shares or ADSs if the Holders are acting for their own account. In order to benefit from this exemption, the Holders must file with the professional intermediary in Belgium a certificate confirming that they are <span style="white-space:nowrap">non-residents</span> for Belgian tax purposes. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">U.S. Taxation </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This section describes the material United States federal income tax consequences of the ownership and disposition of shares or ADSs. It applies to you only if you are a U.S. holder, as described below, and you hold your shares or ADSs as capital assets for United States federal income tax purposes. This discussion addresses only United States federal income taxation and does not discuss all of the tax consequences that may be relevant to you in light of your individual circumstances, including foreign, state or local tax consequences, estate and gift tax consequences, and tax consequences arising under the Medicare contribution tax on net investment income or the alternative minimum tax. This section does not apply to you if you are a member of a special class of holders subject to special rules, including: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a bank; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a dealer in securities; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a trader in securities that elects to use a <span style="white-space:nowrap"><span style="white-space:nowrap">mark-to-market</span></span> method of accounting for securities holdings; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a <span style="white-space:nowrap">tax-exempt</span> organization; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a life insurance company; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a person that actually or constructively owns 10% or more of the combined voting power of our voting stock or of the total value of our stock; </p></td></tr></table>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a person that holds shares or ADSs as part of a straddle or a hedging or conversion transaction; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a person that purchases or sells shares or ADSs as part of a wash sale for tax purposes; or </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a person whose functional currency is not the U.S. dollar. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This section is based on the Internal Revenue Code of 1986, as amended, its legislative history, existing and proposed regulations, published rulings and court decisions, all as currently in effect, as well as on the Treaty. These laws are subject to change, possibly on a retroactive basis. In addition, this section is based in part upon the representations of the depositary and the assumption that each obligation in the deposit agreement and any related agreement will be performed in accordance with its terms. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an entity or arrangement that is treated as a partnership for United States federal income tax purposes holds our shares or ADSs, the United States federal income tax treatment of a partner will generally depend on the status of the partner and the tax treatment of the partnership. If you hold our shares or ADSs as a partner in a partnership, you should consult your tax adviser with regard to the United States federal income tax treatment of an investment in our shares or ADSs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You are a U.S. holder if you are a beneficial owner of shares or ADSs and you are, for United States federal income tax purposes: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a citizen or resident of the United States; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a domestic corporation; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">an estate whose income is subject to United States federal income tax regardless of its source; or </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">a trust if a United States court can exercise primary supervision over the trust&#8217;s administration and one or more United States persons are authorized to control all substantial decisions of the trust. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You should consult your own tax adviser regarding the United States federal, state, local, foreign and other tax consequences of owning and disposing of our shares and ADSs in your particular circumstances. In particular, you should confirm whether you qualify for the benefits of the Treaty and the consequences of failing to do so. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The tax treatment of your shares or ADSs will depend in part on whether or not we are classified as a passive foreign investment company, or &#8220;<span style="font-weight:bold">PFIC</span>,&#8221; for United States federal income tax purposes. Except as discussed below under &#8220;PFIC Rules,&#8221; this discussion assumes that we are not classified as a PFIC for United States federal income tax purposes. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Taxation of Distributions </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the United States federal income tax laws, if you are a U.S. holder, the gross amount of any distribution we pay out of our current or accumulated earnings and profits (as determined for United States federal income tax purposes), other than certain <span style="white-space:nowrap">pro-rata</span> distributions of our shares, will be treated as a dividend that is subject to United States federal income taxation. If you are a <span style="white-space:nowrap">non-corporate</span> U.S. holder, dividends that constitute qualified dividend income will be taxable to you at the preferential rates applicable to long-term capital gains, provided that you hold our shares or ADSs for more than 60 days during the <span style="white-space:nowrap">121-day</span> period beginning 60 days before the <span style="white-space:nowrap">ex-dividend</span> date and meet other holding period requirements. Dividends we pay with respect to the shares or ADSs generally will be qualified dividend income provided that, in the year that you receive the dividend, either (i)&#160;the shares or ADSs are readily tradable on an established securities market in the United States or (ii)&#160;we are eligible for the benefits of the Treaty. Our ADSs are listed on the New York Stock Exchange and we therefore expect that dividends on the ADSs will be qualified dividend income. However, it is unclear whether dividends on shares not represented by ADSs would be qualified dividend income on that basis. In any case, dividends on the shares and ADSs would be qualified dividend income if we are eligible for the benefits of the Treaty. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You must include any Belgian tax withheld from the dividend payment in this gross amount even though you do not in fact receive it. The dividend is taxable to you when you receive, in the case of shares, or the depositary receives, in the case of ADSs, the dividend, actually or constructively. The dividend will not be eligible for the dividends-received deduction generally allowed to United States corporations in respect of dividends received from other United States corporations. If the dividend is paid in Euro, the amount of the dividend distribution that you must include in your income will be the U.S. dollar value of the Euro payments made, determined at the spot Euro/U.S. dollar rate on the date that the dividend is distributed, regardless of whether the payment is in fact converted into U.S. dollars. Generally, any gain or loss resulting from currency exchange fluctuations during the period from the date the dividend is distributed to the date you convert the payment into U.S. dollars will be treated as ordinary income or loss and will not be eligible for the special tax rate applicable to qualified dividend income. The gain or loss generally will be income or loss from sources within the United States for foreign tax credit limitation purposes. Distributions in excess of current and accumulated earnings and profits, as determined for United States federal income tax purposes, will be treated as a <span style="white-space:nowrap">non-taxable</span> return of capital to the extent of your basis in the shares or ADSs and thereafter as capital gain. However, we do not expect to calculate earnings and profits in accordance with United States federal income tax principles. Accordingly, you should expect to generally treat distributions we make as dividends. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Subject to certain limitations, the Belgian tax withheld in accordance with the Treaty and paid over to Belgium will be generally creditable against your United States federal income tax liability. Special rules apply in determining the foreign tax credit limitation with respect to dividends that are subject to the preferential tax rates. To the extent a reduction or refund of the tax withheld is available to you under Belgian law or under the Treaty, the amount of tax withheld that could have been reduced or that is refundable will not be eligible for credit against your United States federal income tax liability. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Dividends will generally be income from sources outside the United States and will generally be &#8220;passive&#8221; income for purposes of computing the foreign tax credit allowable to you. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Taxation of Capital Gains </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If you are a U.S. holder and you sell or otherwise dispose of your shares or ADSs, you will recognize capital gain or loss for United States federal income tax purposes equal to the difference between the U.S. dollar value of the amount that you realize and your tax basis, determined in U.S. dollars, in your shares or ADSs. Capital gain of a <span style="white-space:nowrap">non-corporate</span> U.S. holder is generally taxed at preferential rates where the property is held for more than one year. The gain or loss will generally be income or loss from sources within the United States for foreign tax credit limitation purposes. Your ability to deduct capital losses is subject to limitations. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">PFIC Rules </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe that our shares and ADSs should not currently be treated as stock of a PFIC for United States federal income tax purposes and we do not expect to become a PFIC in the foreseeable future. However, this conclusion is a factual determination that is made annually and thus may be subject to change. It is therefore possible that we could become a PFIC in a future taxable year. A company is considered a PFIC if, for any taxable year, either (i)&#160;at least 75% of its gross income is passive income or (ii)&#160;at least 50% of the value of its assets is attributable to assets that produce or are held for the production of passive income. If we were to be treated as a PFIC and you are a U.S. holder, unless you make an effective &#8220;qualified electing fund&#8221; (&#8220;<span style="font-weight:bold">QEF</span>&#8221;) election, gain realized on the sale or other disposition of your shares or ADSs would in general not be treated as capital gain. Instead, unless you effectively elect to be taxed annually on a <span style="white-space:nowrap"><span style="white-space:nowrap">mark-to-market</span></span> basis with respect to your shares or ADSs, you would be treated as if you had realized such gain and certain &#8220;excess distributions&#8221; ratably over your holding period for the shares or ADSs and would be taxed at the highest tax rate in effect for each previous year to which the gain was allocated in which we were a PFIC with respect to you, together with an interest charge in respect of the tax attributable to each such year. With certain exceptions, your shares or ADSs will be treated as stock in a PFIC if we were a PFIC at any time during your holding period in your shares or ADSs. Dividends that you receive from us will not be eligible for the special tax rates applicable to qualified dividend income if we are a PFIC or are treated as a PFIC with respect to you either in the taxable year of the distribution or the preceding taxable year, but instead will be taxable at rates applicable to ordinary income. If you own shares or ADSs during any year that we are a PFIC with respect to you, you may be required to file Internal Revenue Service (&#8220;<span style="font-weight:bold">IRS</span>&#8221;) Form 8621. The QEF election is conditioned upon our furnishing you annually with certain tax information. We may not take the action necessary for a U.S. shareholder to make a QEF election in the event our company is determined to be a PFIC. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Belgian Stock Market Tax </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any Belgian stock market tax that you pay will likely not be a creditable tax for United States federal income tax purposes. However, U.S. holders are exempt from such tax if they act for their own account and certain information is provided to relevant professional intermediaries (as described above under &#8220;&#8212;Belgian Taxation&#8212;Belgian Tax on Stock Exchange Transactions&#8221;). U.S. holders are urged to consult their own tax advisers regarding the potential application of Belgian tax law to the ownership and disposition of our shares or ADSs. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_59"><span style="font-weight:bold">F.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DIVIDENDS AND PAYING AGENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_60"><span style="font-weight:bold">G.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">STATEMENT BY EXPERTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_61"><span style="font-weight:bold">H.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DOCUMENTS ON DISPLAY </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You may read and copy any reports or other information that we file through the Electronic Data Gathering, Analysis and Retrieval system through the SEC&#8217;s website on the Internet at <span style="font-style:italic">http://www.sec.gov</span>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also make available on our website, free of charge, our annual reports on <span style="white-space:nowrap">Form&#160;20-F,</span> as well as certain other SEC filings, as soon as reasonably practicable after they are electronically filed with or furnished to the SEC. Our website address is <span style="font-style:italic"><span style="white-space:nowrap">http://www.ab-inbev.com</span></span>. The information on our website is not incorporated by reference in this document. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have filed our amended and restated articles of association and all other deeds that are to be published in the annexes to the Belgian State Gazette with the clerk&#8217;s office of the Commercial Court of Brussels (Belgium), where they are available to the public. A copy of the articles of association dated 2&#160;January 2026 has been filed as Exhibit&#160;1.1 to this <span style="white-space:nowrap">Form&#160;20-F,</span> and is also available on our website under <span style="font-style:italic"><span style="white-space:nowrap">https://www.ab-inbev.com/investors/corporate-governance</span></span>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In accordance with Belgian law, we must prepare audited annual statutory and consolidated financial statements. The audited annual statutory and consolidated financial statements and the reports of our Board and statutory auditor relating thereto are filed with the Belgian National Bank, where they are available to the public. Furthermore, as a listed company, we publish an annual announcement preceding the publication of our annual financial report (which includes the audited annual financial statements, the report of our Board and the statutory auditor&#8217;s report). In addition, we publish interim management statements. Copies of these documents are available on our website under <span style="font-style:italic"><span style="white-space:nowrap">https://www.ab-inbev.com/investors</span></span>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also disclose price sensitive information (inside information) and certain other information to the public. In accordance with the Belgian Royal Decree of 14&#160;November 2007 on the obligations of issuers of financial instruments that are admitted to trading on a regulated market, such information and documentation is made available through our website, press releases and the communication channels of Euronext Brussels. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our head office is located at Brouwerijplein 1, 3000 Leuven, Belgium. Our telephone number is +32 (0)1 627 6111 and our website is <span style="font-style:italic"><span style="white-space:nowrap">http://www.ab-inbev.com</span></span>. The contents of our website do not form a part of this <span style="white-space:nowrap">Form&#160;20-F.</span> Although certain references are made to our website in this <span style="white-space:nowrap">Form&#160;20-F,</span> no information on our website forms part of this <span style="white-space:nowrap">Form&#160;20-F.</span> </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-185- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Documents related to us that are available to the public (reports, our Corporate Governance Charter, written communications, financial statements and our historical financial information for each of the three financial years preceding the publication of this <span style="white-space:nowrap">Form&#160;20-F)</span> can be consulted on our website (<span style="font-style:italic"><span style="white-space:nowrap">http://www.ab-inbev.com</span></span>) and at: Anheuser-Busch InBev SA/NV, Brouwerijplein 1, 3000 Leuven, Belgium. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless stated otherwise in this <span style="white-space:nowrap">Form&#160;20-F,</span> none of these documents form part of this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_62"><span style="font-weight:bold">I.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">SUBSIDIARY INFORMATION </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_63"><span style="font-weight:bold">J.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">ANNUAL REPORT TO SECURITY HOLDERS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not Applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_64"><span style="font-weight:bold">ITEM&#8201;11.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Market Risk, Hedging and Financial Instruments </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our activities expose us to a variety of financial risks: market risk (including currency risk, fair value interest risk, cash flow interest risk, commodity risk and equity risk), credit risk and liquidity risk. We analyze each of these risks individually as well as on an interconnected basis, and define strategies to manage the economic impact on our performance in line with our financial risk management policy. Management meets on a frequent basis and is responsible for reviewing the results of the risk assessment, approving recommended risk management strategies, monitoring compliance with the financial risk management policy and reporting to the Finance Committee of our Board. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Some of our risk management strategies include the use of derivatives. The main derivative instruments used are foreign exchange forwards, currency options, currency futures, interest rate swaps, cross currency interest rate swaps, commodity swaps, commodity futures and equity swaps. We do not, as a matter of policy, make use of derivative financial instruments in the context of speculative trading. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Financial markets experienced significant volatility over the past years, which we have addressed and are continuing to address through our existing risk management policies. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Please refer to note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for a fuller quantitative and qualitative discussion on the market risks to which we are subject and our policies with respect to managing those risks. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Foreign Currency Risk </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are exposed to foreign currency risk on borrowings, investments, (forecasted) sales, (forecasted) purchases, royalties, dividends, licenses, management fees and interest expense/income whenever they are denominated in a currency other than the functional currency of our subsidiary engaged in the relevant transaction. To manage this risk, we primarily make use of foreign exchange forwards, currency options, currency futures and cross-currency interest rate swaps. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As far as foreign currency risk on firm commitments and forecasted transactions is concerned, our policy is to hedge operating transactions which are reasonably expected to occur (e.g., cost of sales and selling, general and administrative expenses) within the forecast period determined in the financial risk management policy. Operating transactions that are certain are hedged without any limitation in time. <span style="white-space:nowrap">Non-operating</span> transactions (such as acquisitions and disposals of subsidiaries) are hedged as soon as they are highly probable. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, we have substantially locked in our anticipated exposures related to firm commitments and forecasted transactions for 2026 for the most important currency pairs such as USD/Brazilian real, USD/Mexican peso and USD/Colombian peso. Some exposures in certain countries had been either mostly or partially covered due to the fact that hedging can be limited in such countries as the local foreign exchange market prevents us from hedging at a reasonable cost. Open positions can also be the result of our risk management policy. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-186- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We use a sensitivity analysis to estimate the impact in our consolidated income statement and other comprehensive income of a strengthening or a weakening of the U.S. dollar against the other group currencies. In case the open positions remain unchanged and with all other variables held constant, a 10% strengthening or weakening of the closing rate of the U.S. dollar against other currencies could lead to an estimated decrease/increase of the consolidated profit before tax of approximately USD 91&#160;million over the next 12 months. Applying a similar sensitivity on the total derivatives positions could lead to a negative/positive <span style="white-space:nowrap">pre-tax</span> impact on equity reserves of USD 516&#160;million. The results of the sensitivity analysis should not be considered as projections of likely future events, as the gains or losses from exchange rates in the future may differ due to developments in the global financial markets. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Foreign exchange rates have been subject to significant volatility in the recent past and may be again in the future. See note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for details of the above sensitivity analysis, a fuller quantitative and qualitative discussion on the foreign currency risks to which we are subject and our policies with respect to managing those risks. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Interest Rate Risk </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are exposed to interest rate risk on our variable-rate interest-bearing financial liabilities. As of 31&#160;December 2025, after certain hedging and fair value adjustments, USD 1.5&#160;billion, or 2%, of our interest-bearing financial liabilities (which include bonds, loans, lease liabilities and bank overdrafts) bore a variable interest rate. We apply a dynamic interest rate hedging approach where the target mix between fixed and floating rate is reviewed periodically. The purpose of our policy is to achieve an optimal balance between cost of funding and volatility of financial results, while taking into account market conditions as well as our overall business strategy. From time to time, we enter into interest rate swap agreements and forward rate agreements to manage our interest rate risk, and also enter into cross-currency interest rate swap agreements to manage both our foreign currency risk and interest rate risk. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have performed a sensitivity analysis in relation to our exposure to interest rates for the floating rate debt after hedging, assuming the amount of liability outstanding at reporting date was outstanding for the whole year (see note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025). The company estimates that an increase or decrease of 100 basis points represents a reasonably possible change in applicable interest rates. Accordingly, if interest rates had been higher/lower by 100 basis points, with all other variables held constant, the interest expense would have been USD 15&#160;million higher/lower. This impact would have been more than offset by USD 112&#160;million higher/lower interest income on interest-bearing financial assets. Additionally, the <span style="white-space:nowrap">pre-tax</span> impact on equity reserves from the market value of hedging instruments would not have been significant. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest rates have been subject to significant volatility in the recent past and may be again in the future. See note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for details of the above sensitivity analysis, a fuller quantitative and qualitative discussion on the interest rate risks to which we are subject and our policies with respect to managing those risks. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Commodity Price Risk </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have significant exposures to various commodities, including, but not limited to, aluminum, energy, corn, wheat, plastic, rice and sugar. The commodity markets have experienced and are expected to continue to experience price fluctuations. 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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-187- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, we had the following commodity derivatives outstanding, by maturity: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="14" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Notional</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">&lt;1&#160;year</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap">1-5&#160;years</span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">&gt;5&#160;years</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Total</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Fair&#160;Value</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Commodities</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Aluminum swaps</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,250</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">62</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,312</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">411</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other commodity derivatives</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">591</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">39</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">630</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">(18</td>
<td style="white-space:nowrap;vertical-align:bottom">)&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
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<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">These hedges are designated in a cash flow hedge accounting relationship in accordance with IFRS 9. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for a fuller quantitative and qualitative discussion on the commodity risks that we are subject to, and our policies with respect to managing those risks. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Equity Price Risk </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We enter into equity swap derivatives to hedge the price risk on our shares in connection with our share-based payment programs. Furthermore, we hedge our exposure arising from shares issued in connection with the Modelo and SAB combinations (see also notes 11 and 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025). These derivative instruments do not qualify for hedge accounting and the changes in fair value are recorded in the profit or loss account. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of 31&#160;December 2025, an exposure for an equivalent of 100.5&#160;million of our shares was hedged, resulting in a total loss of USD 213&#160;million recognized in the income statement for the period in exceptional net finance income/(expense). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The sensitivity analysis on the equity swap derivatives, calculated based on a 24% reasonably possible volatility of our share price, and with all the other variables held constant, would show USD 1,563&#160;million positive/negative impact on our 2025 profit before tax. The sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Other Risks </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See note 27 to our audited consolidated financial statements as of 31&#160;December 2025 and 2024, and for the three years ended 31&#160;December 2025 for a fuller quantitative and qualitative discussion on the equity, credit and liquidity risks to which we are subject and our policies with respect to managing those risks. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_65"><span style="font-weight:bold">ITEM&#8201;12.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_66"><span style="font-weight:bold">A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DEBT SECURITIES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_67"><span style="font-weight:bold">B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">WARRANTS AND RIGHTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_68"><span style="font-weight:bold">C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">OTHER SECURITIES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-188- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="width:4%;vertical-align:top;text-align:left" id="txa65314_69"><span style="font-weight:bold">D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">AMERICAN DEPOSITARY SHARES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are party to the Amended and Restated Deposit Agreement, dated 23&#160;March 2018, as amended from time to time, among us, The Bank of New York Mellon, as depositary, and the owners and holders of ADSs from time to time under the Deposit Agreement. As used in this section headed &#8220;&#8212;D. American Depositary Shares,&#8221; all references to the depositary are references to The Bank of New York Mellon in its capacity as depositary under the Deposit Agreement, and all references to the &#8220;custodian&#8221; are to the principal Amsterdam office of ING Bank SA/NV in its capacity as custodian under the Deposit Agreement as appointed by the depositary. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Copies of the Deposit Agreement and any amendments to the Deposit Agreement are or will be on file with the SEC under cover of a Registration Statement on Form <span style="white-space:nowrap">F-6.</span> You may obtain copies of the Deposit Agreement and any amendments thereto from the SEC&#8217;s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549 and from the SEC&#8217;s website at <span style="font-style:italic">www.sec.gov</span>. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Deposit Agreement is among us, The Bank of New York Mellon, as ADR depositary, and all holders from time to time of ADRs issued under the Deposit Agreement. Copies of the Deposit Agreement are also on file at the ADR depositary&#8217;s corporate office and the office of the custodian. They are open to inspection by owners and holders during business hours. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Uncertificated ADSs may be registered on the books of the depositary in electronic book-entry form by means of the Direct Registration System (&#8220;<span style="font-weight:bold">DRS</span>&#8221;) operated by The Depository Trust Company (&#8220;<span style="font-weight:bold">DTC</span>&#8221;). Periodic statements will be mailed to our ADS holders that reflect their ownership interest in such ADSs. Alternatively, under the Deposit Agreement, our ADSs may be certificated by ADRs delivered by the depositary to evidence the ADSs. Unless otherwise specified in this description, references to &#8220;ADSs&#8221; include (i)&#160;our uncertificated ADSs, the ownership of which will be evidenced by periodic statements ADS holders will receive, and (ii)&#160;our certificated ADSs evidenced by our ADRs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary&#8217;s office is located at 240 Greenwich Street, New York, New York 10286, United States. Because the depositary or its nominee actually holds the underlying Ordinary Shares, ADS holders generally receive the benefit from such underlying Ordinary Shares through the depositary. ADS holders must rely on the depositary to exercise the rights of a shareholder on their behalf, including the voting of the Ordinary Shares represented by the ADSs. If a person becomes an owner of our ADSs, it will become a party to the Deposit Agreement and therefore will be bound by its terms and by the terms of the ADSs and the ADRs. The Deposit Agreement specifies the rights and obligations of AB InBev, the ADS holders&#8217; rights and obligations as owners of ADSs and the rights and obligations of the depositary. The Deposit Agreement, the ADSs and the ADRs will be governed by New York law. However, the underlying Ordinary Shares will continue to be governed by Belgian law, which may be different from New York law. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">American Depositary Shares </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon, as the depositary, will register and deliver ADSs. Each ADS will represent one Ordinary Share (or a right to receive one Ordinary Share) deposited with the principal Amsterdam office of ING Bank SA/NV, as custodian for the depositary. Each ADS will also represent any other securities, cash or other property which may be received by the depositary as a result of holding Ordinary Shares. The depositary&#8217;s corporate office at which the ADSs will be administered is located at 240 Greenwich Street, New York, New York 10286, United States. The Bank of New York Mellon&#8217;s principal executive office is located at 240 Greenwich Street, New York, New York 10286, United States. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You may hold ADSs either (A)&#160;directly (i) by having an ADR, which is a certificate evidencing a specific number of ADSs, registered in your name, or (ii)&#160;by having ADSs registered in your name in the DRS, or (B)&#160;indirectly by holding a security entitlement in ADSs through your broker or other financial institution. If you hold ADSs directly, you are a registered ADS holder, also referred to as an ADS holder. This description assumes you are an ADS holder. If you hold the ADSs indirectly, you must rely on the procedures of your broker or other financial institution to assert the rights of ADS holders described in this section. You should consult with your broker or financial institution to find out what those procedures are. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">DRS is a system administered by DTC, pursuant to which the depositary may register the ownership of uncertificated ADSs, which ownership shall be evidenced by periodic statements sent by the depositary to the registered holders of uncertificated ADSs. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-189- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As an ADS holder, we will not treat you as one of our shareholders and you will not have shareholder rights. Belgian law governs shareholder rights. The depositary will be the holder of the shares underlying your ADSs. As a registered holder of ADSs, you will have ADS holder rights. The Deposit Agreement among us, the depositary and you, as an ADS holder, and all other persons indirectly holding ADSs, sets out ADS holder rights as well as the rights and obligations of the depositary. New York law governs the Deposit Agreement and the ADSs. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following is a summary of the fee provisions of the Deposit Agreement. For more complete information regarding ADRs, you should read the entire Deposit Agreement and the form of ADR. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Fees and Expenses Payable by Holders </span></p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:48%"/></tr>
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<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center"><span style="font-style:italic">Persons depositing or withdrawing shares<br/>or ADS holders must pay:</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center"><span style="font-style:italic">For:</span></p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">No more than $5.00 per 100 ADSs (or portion of 100 ADSs)</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Issuance of ADSs, including issuances resulting from a distribution of shares or rights or other property Cancellation of ADSs for the purpose of withdrawal, including if the Deposit Agreement terminates</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">No more than the greater of (a)&#160;$0.02 per ADS and (b)&#160;10% of the dividend or cash distribution amount per ADS</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Any dividend or cash distribution to ADS holders</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">A fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Distribution of securities to ADS holders by the depositary</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">Registration or transfer fees</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Transfer and registration of shares on our share register to or from the name of the depositary or its agent when you deposit or withdraw shares</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">Expenses of the depositary</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Cable, telex and facsimile transmissions (when expressly provided in the deposit agreement)</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Converting foreign currency to U.S. dollars</td></tr>
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<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">Taxes and other governmental charges that the depositary or the custodian has to pay on any ADS or share underlying an ADS, for example, stock transfer taxes, stamp duty or withholding taxes</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">As necessary</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top">Telex or facsimile charges provided for in the Deposit Agreement</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Expenses for depositary services</td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top">Any unavoidable charges incurred by the depositary or its agents for servicing the deposited securities</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">As necessary</td></tr>
</table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary collects its fees for delivery and surrender of ADSs directly from investors depositing shares or surrendering ADSs for the purpose of withdrawal or from intermediaries acting for them. The depositary collects fees for making distributions to investors by deducting those fees from the amounts distributed or by selling a portion of distributable property to pay the fees. The depositary may collect any of its fees by deduction from any cash distribution payable (or by selling a portion of securities or other property distributable) to ADS holders that are obligated to pay those fees. The depositary may generally refuse to provide <span style="white-space:nowrap">fee-attracting</span> services until its fees for those services are paid. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">From time to time, the depositary may make payments to us to reimburse us for costs and expenses generally arising out of establishment and maintenance of the ADS program, waive fees and expenses for services provided to us by the depositary or share revenue from the fees collected from ADS holders. In performing its duties under the Deposit Agreement, the depositary may use brokers, dealers, foreign currency dealers or other service </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-190- </p>

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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
providers that are owned by or affiliated with the depositary and that may earn or share fees, spreads or commissions. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary may convert currency itself or through any of its affiliates and, in those cases, acts as principal for its own account and not as agent, adviser, broker or fiduciary on behalf of any other person and earns revenue, including, without limitation, transaction spreads, that it will retain for its own account. The revenue is based on, among other things, the difference between the exchange rate assigned to the currency conversion made under the Deposit Agreement and the rate that the depositary or its affiliate receives when buying or selling foreign currency for its own account. The depositary makes no representation that the exchange rate used or obtained in any currency conversion under the Deposit Agreement will be the most favorable rate that could be obtained at the time or that the method by which that rate will be determined will be the most favorable to ADS holders, subject to the depositary&#8217;s obligations under the Deposit Agreement. The methodology used to determine exchange rates used in currency conversions is available upon request. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Payment of Taxes </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You will be responsible for any taxes or other governmental charges payable on your ADSs or on the deposited securities represented by any of your ADSs. The depositary may refuse to register any transfer of your ADSs or allow you to withdraw the deposited securities represented by your ADSs until such taxes or other charges are paid. It may apply payments owed to you or sell deposited securities represented by your ADSs to pay any taxes owed and you will remain liable for any deficiency. If the depositary sells deposited securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to ADS holders any proceeds, or send to ADS holders any property remaining after it has paid the taxes. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Fees Payable by the Depositary </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the year ended 31&#160;December 2025, the depositary reimbursed us for expenses we incurred, or paid amounts on our behalf to third parties, in connection with the ADS program for a total sum of USD 14,715,847.57. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom;width:3%"/>
<td/>
<td/>
<td/></tr>
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<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Expenses the depositary reimbursed us</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="font-style:italic">Amount&#160;(in&#160;USD)</span></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Maintenance expenses<sup style="font-size:75%; vertical-align:top">(1)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">14,715,847.57</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">14,715,847.57</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">This includes both direct payments to AB InBev as well as The Bank of New York Mellon invoices that have been offset with revenue sharing balance. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary has also agreed to waive fees for standard costs associated with the administration of the program and has paid certain expenses directly to third parties on our behalf. The table below sets forth those expenses that the depositary paid directly to third parties for the year ended 31&#160;December 2025. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:68%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:82%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Expenses the depositary paid to third parties on our behalf</span></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold"><span style="font-style:italic">Amount&#160;(in&#160;USD)</span></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Standard <span style="white-space:nowrap"><span style="white-space:nowrap">out-of-pocket</span></span> maintenance costs</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">126,687.81</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right"><span style="font-weight:bold">126,687.81</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&#160;</p></td>
<td>&#160;</td></tr>
</table> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Your Right to Receive the Shares Underlying Your ADRs </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ADS holders will have the right to cancel their ADSs and withdraw the underlying shares at any time except: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">when temporary delays arise because: (i)&#160;the depositary has closed its transfer books or we have closed our transfer books; (ii)&#160;the transfer of shares is blocked to permit voting at a shareholders&#8217; meeting or (iii)&#160;we are paying a dividend on our shares; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">when you owe money to pay fees, taxes and similar charges; or </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-191- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">when it is necessary to prohibit withdrawals in order to comply with any laws or governmental regulations that apply to ADSs or to the withdrawal of shares or other deposited securities. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This right of withdrawal may not be limited by any other provision of the Deposit Agreement. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Direct Registration System </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the Deposit Agreement, all parties to the Deposit Agreement acknowledge that the DRS and Profile Modification System (&#8220;<span style="font-weight:bold">Profile</span>&#8221;) will apply to uncertificated ADSs upon acceptance thereof to DRS by DTC. DRS is the system administered by DTC pursuant to which the depositary may register the ownership of uncertificated ADSs, which ownership shall be evidenced by periodic statements sent by the depositary to the registered holders of uncertificated ADSs. Profile is a required feature of DRS which allows a DTC participant, claiming to act on behalf of a registered holder of ADSs, to direct the depositary to register a transfer of those ADSs to DTC or its nominee and to deliver those ADSs to the DTC account of that DTC participant without receipt by the depositary of prior authorization from the ADS holder to register that transfer. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with and in accordance with the arrangements and procedures relating to DRS/Profile, the parties to the Deposit Agreement understand that the depositary will not verify, determine or otherwise ascertain that the DTC participant which is claiming to be acting on behalf of an ADS holder in requesting registration of transfer and delivery described in the paragraph above has the actual authority to act on behalf of the ADS holder (notwithstanding any requirements under the Uniform Commercial Code). In the Deposit Agreement, the parties will agree that the depositary&#8217;s reliance on and compliance with instructions received by the depositary through the DRS/Profile and in accordance with the Deposit Agreement shall not constitute negligence or bad faith on the part of the depositary. </p> <p style="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="font-style:italic">Shareholder Communications; Inspection of Register of Holders of ADSs for Owners </span></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will make available for the owners&#8217; inspection at its office all communications that it receives from us as a holder of deposited securities that we make generally available to the owners of deposited securities. The depositary will send the owners copies of those communications if we ask it to. The owners have a right to inspect the register of holders of ADSs, but not for the purpose of contacting those holders about a matter unrelated to our business or the ADSs. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-192- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">PART II </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_70"><span style="font-weight:bold">ITEM&#8201;13.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_71"><span style="font-weight:bold">ITEM&#8201;14.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_72"><span style="font-weight:bold">ITEM&#8201;15.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CONTROLS AND PROCEDURES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Disclosure Controls and Procedures </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rule <span style="white-space:nowrap">13a-15(b)</span> as of 31&#160;December 2025. While there are inherent limitations to the effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures, our disclosure controls and procedures are designed to provide reasonable assurance of achieving their objectives. Based upon our evaluation, as of 31&#160;December 2025, the Chief Executive Officer and Chief Financial Officer have concluded that the disclosure controls and procedures, in accordance with Exchange Act Rule <span style="white-space:nowrap">13a-15(e),</span> (i) are effective at that level of reasonable assurance in ensuring that information required to be disclosed in the reports that are filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC&#8217;s rules and forms, and (ii)&#160;are effective at that level of reasonable assurance in ensuring that information to be disclosed in the reports that are filed or submitted under the Exchange Act is accumulated and communicated to the management of our company, including the Chief Executive Officer and the Chief Financial Officer, to allow timely decisions regarding required disclosure. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Management&#8217;s Annual Report on Internal Control over Financial Reporting </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Our internal control over financial reporting is a process designed, under the supervision of the Chief Executive Officer and Chief Financial Officer, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of our financial statements for external reporting purposes in accordance with generally accepted accounting principles. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our internal control over financial reporting includes policies and procedures that pertain to the maintenance of records that, in reasonable detail, accurately and fairly, reflect transactions and dispositions of assets, provide reasonable assurance that transactions are recorded in the manner necessary to permit the preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures are only carried out in accordance with the authorization of our management and directors, and provide reasonable assurance regarding the prevention or timely detection of any unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Because of its inherent limitations, internal control over financial reporting may not prevent or detect all misstatements. Moreover, projections of any evaluation of the effectiveness of internal control to future periods are subject to a risk that controls may become inadequate because of changes in conditions and that the degree of compliance with the policies or procedures may deteriorate. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our management has assessed the effectiveness of internal control over financial reporting based on the Internal Control&#8212;Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in 2013. Based on this assessment, our management has concluded that our internal control over financial reporting as of 31&#160;December 2025 was effective. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-193- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effectiveness of internal control over financial reporting as of 31&#160;December 2025 has been audited by PwC Bedrijfsrevisoren BV/Reviseurs d&#8217;Entreprises SRL, our independent registered public accounting firm, as represented by Peter D&#8217;hondt. Their audit report, including their opinion on management&#8217;s assessment of internal control over financial reporting, is included in our audited consolidated financial statements included in this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Changes in Internal Control over Financial Reporting </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the period covered by this <span style="white-space:nowrap">Form&#160;20-F,</span> there were no changes to our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_73"><span style="font-weight:bold">ITEM&#8201;16.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">[RESERVED] </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_74"><span style="font-weight:bold">ITEM&#8201;16A.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">AUDIT COMMITTEE FINANCIAL EXPERT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our board of directors has determined that M. Michele Burns and Aradhana Sarin are &#8220;audit committee financial experts&#8221; as defined in Item&#160;16A of <span style="white-space:nowrap">Form&#160;20-F</span> under the Exchange Act and independent directors under Rule <span style="white-space:nowrap">10A-3</span> under the Exchange Act. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_75"><span style="font-weight:bold">ITEM&#8201;16B.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CODE OF ETHICS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have adopted a Code of Business Conduct and a Code of Dealing, each of which applies to all of our employees, including our principal executive, principal financial and principal accounting officers. Our Code of Business Conduct and Code of Dealing are together intended to meet the definition of &#8220;code of ethics&#8221; under Item&#160;16B of <span style="white-space:nowrap">Form&#160;20-F</span> under the Exchange Act. Our Code of Dealing and Code of Business Conduct are filed as Exhibits 11.1 and 11.2, respectively, to this <span style="white-space:nowrap">Form&#160;20-F.</span> </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the provisions of the code that apply to our principal executive officer, principal financial officer or principal accounting officer are amended, or if a waiver is granted, we will disclose such amendment or waiver. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_76"><span style="font-weight:bold">ITEM&#8201;16C.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PRINCIPAL ACCOUNTANT FEES AND SERVICES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">PwC Bedrijfsrevisoren BV/Reviseurs d&#8217;Entreprises SRL acted as our independent auditor for the fiscal years ended 31&#160;December 2025 and 31&#160;December 2024. The table below sets forth the total amount billed to us by PwC for services performed in 2025 and 2024, respectively, and breaks down these amounts by category of service: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:76%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:82%"/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:2%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2025</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">2024</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="6"><span style="font-weight:bold"></span><span style="font-style:italic">(USD thousand)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Audit Fees</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">22,007</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">20,265</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Audit-Related Fees</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">111</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">433</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Fees</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,373</td>
<td style="white-space:nowrap;vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">9,371</td>
<td style="white-space:nowrap;vertical-align:bottom"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">29,492</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"><span style="font-weight:bold">&#160;</span></td>
<td style="vertical-align:bottom;text-align:right"><span style="font-weight:bold">30,069</span></td>
<td style="white-space:nowrap;vertical-align:bottom"><span style="font-weight:bold"></span></td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Audit Fees </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Audit fees are fees billed for services that provide assurance on the fair presentation of financial statements and encompass the following specific elements: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">An audit opinion on our consolidated financial statements; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">An audit opinion on the statutory financial statements of individual companies within the AB InBev Group, where legally required; </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">A review opinion on interim financial statements; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:5%">&#160;</td>
<td style="width:3%;vertical-align:top;text-align:left">&#8226;</td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt;text-align:left">In general, any opinion assigned to the statutory auditor by local legislation or regulations. </p></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-194- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Audit-Related Fees </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Audit-related fees are fees for assurance services or other work traditionally provided to us by external audit firms in their role as statutory auditors. These services usually result in a certification or specific opinion on an investigation or specific procedures applied, and include opinions/audit reports on information provided by us at the request of a third party (for example, prospectuses and comfort letters). </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Over the last two years, audit-related services were mainly incurred in relation to various special reports. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Tax Fees </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In 2025 and 2024, the majority of our tax fees related to advisory services. </p> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold"><span style="white-space:nowrap">Pre-Approval</span> Policies and Procedures </p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The advance approval of the Audit Committee or member thereof, to whom approval authority has been delegated, is required for all audit and <span style="white-space:nowrap">non-audit</span> services provided by our auditors. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The advance approval of the Chair of the Audit Committee is required for all audit and <span style="white-space:nowrap">non-audit</span> services provided by our auditors and was obtained for all such services provided in 2024 and 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our auditors and management report, on a quarterly basis, to the Audit Committee regarding the extent of the services provided and the fees for the services performed to date. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_77"><span style="font-weight:bold">ITEM&#8201;16D.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_78"><span style="font-weight:bold">ITEM&#8201;16E.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">PURCHASES OF EQUITY SECURITIES BY THE ISSUER </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 30&#160;October 2024, pursuant to the powers granted at the shareholders&#8217; meeting on 28&#160;April 2021, our Board of Directors approved a share buyback program pursuant to which we could repurchase up to USD 2&#160;billion of our outstanding ordinary shares. The program was completed on 26&#160;June 2025. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 29&#160;October 2025, pursuant to the powers granted at the shareholder&#8217;s meeting on 28&#160;April 2021, our Board of Directors approved a share buyback program pursuant to which we may repurchase up to USD 6&#160;billion of our outstanding ordinary shares. This authorization is valid for a period of 24 months through 29&#160;October 2027, provided that any repurchases after 31&#160;May 2026 will be subject to renewal of the <span style="white-space:nowrap">share&#160;buy-back&#160;authorization</span> by our upcoming annual shareholders&#8217; meeting to be held on 29&#160;April 2026. The precise timing of the repurchase of shares pursuant to the program will depend on a variety of factors including market conditions. Our current intention is to hold the shares acquired as treasury shares to fulfil future share delivery commitments under the stock ownership plans and/or subject to approval by upcoming annual shareholders&#8217; meeting to be held on 29&#160;April 2026, to cancel the shares through a capital reduction. See also &#8220;Item 6. Directors, Senior Management and Employees&#8212;B. Compensation&#8212;Share-Based Payment Plans.&#8221; </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-195- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth certain information related to purchases made by the AB InBev Group of our shares: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:92%;border-spacing:0;margin:0 auto">


<tr>

<td style="width:41%"/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/>

<td style="vertical-align:bottom;width:6%"/>
<td/>
<td/>
<td/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Total&#160;number&#160;of<br/>shares<br/>purchased<sup style="font-size:75%; vertical-align:top">(1)</sup></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Average&#160;price&#160;paid<br/>per share</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Total&#160;number&#160;of<br/>shares&#160;purchased&#160;as<br/>part of publicly<br/>announced plans or<br/>programs</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><span style="font-weight:bold">Maximum<br/>approximate&#160;dollar<br/>value&#160;of&#160;shares&#160;that</span><br/><span style="font-weight:bold">may yet be<br/>purchased&#160;under&#160;the</span><br/><span style="font-weight:bold">plans or programs</span></td>
<td style="vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(number of<br/>shares)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(EUR)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(number&#160;of&#160;shares)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;text-align:center" colspan="2"><span style="font-weight:bold"></span><span style="font-style:italic">(USD)</span><span style="font-weight:bold"></span></td>
<td style="vertical-align:bottom">&#160;</td></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;January 2025 &#8211; 31&#160;January 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,757,135</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">46.8551</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">10,757,135</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,379,487,310</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;February 2025 &#8211; 28&#160;February 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,074,925</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">49.6096</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">3,074,925</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,221,529,892</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;March 2025 &#8211; 31&#160;March 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,009,385</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">57.5476</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,009,385</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">972,211,596</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;April 2025 &#8211; 30&#160;April 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
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<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,931,404</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">55.5917</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,931,404</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">610,677,645</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;May 2025 &#8211; 31&#160;May 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,643,860</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">59.5734</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">7,643,860</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">98,517,362</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;June 2025 &#8211; 30&#160;June 2025<sup style="font-size:75%; vertical-align:top">(2)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,409,020</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">60.5429</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">1,409,020</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">60</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;July 2025 &#8211; 31&#160;July 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;August 2025 &#8211; 31&#160;August 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;September 2025 &#8211; 30&#160;September 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;October 2025 &#8211; 31&#160;October 2025</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">&#8212;&#8194;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;November 2025 &#8211; 30&#160;November 2025<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,107,509</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">54.1829</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">4,107,509</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,742,857,188</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1&#160;December 2025 &#8211; 31&#160;December 2025<sup style="font-size:75%; vertical-align:top">(3)</sup></p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,314,045</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">52.9602</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">2,314,045</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,600,000,021</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
<tr style="font-size:1px">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td style="vertical-align:bottom"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&#160;</p></td>
<td>&#160;</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff">
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman;font-weight:bold">Total</p></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">39,247,283</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">53.5789</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">39,247,283</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td>
<td style="white-space:nowrap;vertical-align:bottom;text-align:right">5,600,000,021</td>
<td style="white-space:nowrap;vertical-align:bottom">&#160;</td></tr>
</table> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&#160;</div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Note: </p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">(1)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Under certain of our share-based compensation plans, shares are granted to employees at a discount. See &#8220;Item 6. Directors, Senior Management and Employees&#8212;B. Compensation&#8212;Share-Based Payment Plans.&#8221; The discount is granted in the form of additional shares, and if such employees leave the AB InBev Group prior to the end of the applicable vesting period, we take back the shares representing the discount. Technically, all of the &#8220;discount&#8221; shares are repurchased from the employee by our subsidiary, Brandbev, for an aggregate price of EUR 1, or USD 1 if the individual is located in the United States. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">(2)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">All shares repurchased during the period were repurchased in open-market transactions as part of the <span style="white-space:nowrap">12-month</span> USD 2&#160;billion share buyback program publicly announced on 31&#160;October 2024, completed on 26&#160;June 2025. </p></td></tr></table>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top;text-align:left">(3)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">All shares repurchased during the period were repurchased in open-market transactions as part of the <span style="white-space:nowrap">24-month</span> share buyback program publicly announced on 30&#160;October 2025, pursuant to which we may repurchase up to USD 6&#160;billion of our outstanding ordinary shares, subject to renewal of the share <span style="white-space:nowrap">buy-back</span> authorization by our upcoming annual shareholders&#8217; meeting to be held on 29&#160;April 2026 for any repurchases after 31&#160;May 2026. </p></td></tr></table> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_79"><span style="font-weight:bold">ITEM&#8201;16F.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_80"><span style="font-weight:bold">ITEM&#8201;16G.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">CORPORATE GOVERNANCE </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We believe the following to be the significant differences between our corporate governance practices and those applicable to U.S. companies under the NYSE listing standards. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In general, the 2020 Belgian Corporate Governance Code (the &#8220;<span style="font-weight:bold">Code</span>&#8221;) that has applied to us since 1&#160;January 2020 is a code of best practices applied to listed companies on a <span style="white-space:nowrap">non-binding</span> basis. The Code applies a &#8220;comply or explain&#8221; approach. That is, companies may depart from the Code&#8217;s provisions if they give a reasoned explanation of the reasons for doing so. </p>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-196- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


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 <p style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the NYSE listing standards, a majority of the directors of a listed U.S. company are required to be independent, while in Belgium, only three directors need to be independent. As of 31&#160;December 2025, our Board of Directors comprised four independent directors and eleven directors deemed not to be &#8220;independent&#8221; under the NYSE listing standards as a result of Belgian law independence determinations, none of which serve as part of our management. Of these eleven directors, eight are considered <span style="white-space:nowrap">non-independent</span> solely because they serve as directors of our controlling shareholder, the Stichting, and three are considered <span style="white-space:nowrap">non-independent</span> because of their relationships with Altria and BEVCO, the two largest holders of Restricted Shares. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The NYSE rules further require that the audit, nominating and compensation committees of a listed U.S. company be composed entirely of independent directors, including that there be a minimum of three members on the audit committee. The Code recommends that a majority of the members of the Nomination Committee meet the technical requirements for independence under Belgian corporate law. The Belgian Companies Code requires that at least one member of the Audit Committee meet the technical requirements for independence under Belgian corporate law, but our Corporate Governance Charter requires the majority of the members of the Audit Committee to meet such requirements. The Belgian Companies Code also requires that a majority of the members of the Remuneration Committee meet the technical requirements for independence under Belgian corporate law. As of 1&#160;January 2026, all four voting members of our Audit Committee are independent for purposes of Rule <span style="white-space:nowrap">10A-3</span> under the Securities Exchange Act of 1934. However, one of the four directors on our Audit Committee, five of the six directors on our Nomination Committee and one of the three directors on our Remuneration Committee would not meet the NYSE independence requirements. As the Audit Committee, Nomination Committee and Remuneration Committee are composed exclusively of <span style="white-space:nowrap">non-executive</span> directors who are independent of management and free from any business relationship that could materially interfere with the exercise of their independent judgment, we consider that the composition of these committees achieves the Belgian Corporate Governance Code&#8217;s aim of avoiding potential conflicts of interest. </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We consider that the terms of reference of our board committees are generally responsive to the relevant NYSE rules, but may not address all aspects of these rules. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_81"><span style="font-weight:bold">ITEM&#8201;16H.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">MINE SAFETY DISCLOSURE </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_82"><span style="font-weight:bold">ITEM&#8201;16I.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </p>
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<div style="display: none"><ix:header><ix:references><link:schemaRef xlink:type="simple" xlink:href="bud-20251231.xsd"/></ix:references></ix:header></div><div style="TEXT-ALIGN: center;text-indent: 0px;"><div style="WIDTH: 8.5in; TEXT-ALIGN: left; MARGIN-LEFT: auto; MARGIN-RIGHT: auto">
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<td id="txa65314_83" style="WIDTH: 9%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ITEM&#8201;16J.</div></div></td>
<td style="VERTICAL-ALIGN: top; TEXT-ALIGN: left"><div style="font-size: 10pt; margin-bottom: 0pt; font-family: &quot;Times New Roman&quot;; margin-top: 0pt; font-weight: bold; text-align: left; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">INSIDER TRADING POLICIES </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%">We have <ix:nonNumeric name="ecd:InsiderTrdPoliciesProcAdoptedFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89596">adopted</ix:nonNumeric> insider trading policies and procedures governing the purchase, sale, and other dispositions of our securities by directors, senior management, and employees that are reasonably designed to promote compliance with applicable insider trading laws, rules and regulations, and any listing standards applicable to us. Our insider trading policies and procedures are set out in our Code of Dealing and our Code of Business Conduct, which have been filed as Exhibits 11.1 and 11.2, respectively, to this Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">20-F.</div> </div><div style="FONT-SIZE: 18pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td id="txa65314_84" style="WIDTH: 9%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ITEM&#8201;16K.</div></div></td>
<td style="VERTICAL-ALIGN: top; TEXT-ALIGN: left"><div style="font-size: 10pt; margin-bottom: 0pt; font-family: &quot;Times New Roman&quot;; margin-top: 0pt; font-weight: bold; text-align: left; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">CYBERSECURITY </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><ix:nonNumeric name="cyd:CybersecurityRiskManagementProcessesForAssessingIdentifyingAndManagingThreatsTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155771177" id="ixv-23101"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cybersecurity Risk <div style="display:inline;">Management </div>and Strategy </div></div></div><ix:nonNumeric name="cyd:CybersecurityRiskManagementProcessesIntegratedTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-23106"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%">Our processes for assessing, identifying and managing material risks from cybersecurity threats are <ix:nonNumeric name="cyd:CybersecurityRiskManagementProcessesIntegratedFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89597">integrated</ix:nonNumeric> into our risk management system. We use a variety of tools and processes to collect relevant data and identify, monitor, assess and manage material cybersecurity risks. We invest in cybersecurity defense solutions, including (but not limited to) prevention, detection and response tools and processes. We also have a dedicated global security operations center team, including specially trained personnel (the &#8220;<div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Security Operations Team</div></div>&#8221;) led by our Global Security Operations Center Director, that is responsible for front-line cybersecurity risk detection and management with the assistance of our critical infrastructure management team. The Security Operations Team engages in ongoing monitoring and testing of our systems and defenses with respect to cybersecurity <div style="display:inline;">threats</div>. </div></ix:nonNumeric><div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>-198-</ix:exclude> </div></div></ix:nonNumeric></div></div><ix:continuation id="TextSelection_155771177" continuedAt="TextSelectionAppend_155771177_1"><div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"></div></ix:continuation><ix:continuation id="TextSelectionAppend_155771177_1" continuedAt="TextSelectionAppend_155771177_2"><ix:exclude><hr style="HEIGHT: 3px; WIDTH: 100%; COLOR: #999999; CLEAR: both;text-indent: 0px;"/></ix:exclude></ix:continuation><ix:continuation id="TextSelectionAppend_155771177_2" continuedAt="TextSelectionAppend_155771177_3"><div style="TEXT-ALIGN: center;text-indent: 0px;"><div style="WIDTH: 8.5in; TEXT-ALIGN: left; MARGIN-LEFT: auto; MARGIN-RIGHT: auto"><ix:nonNumeric name="cyd:CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-23123"><div style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We <ix:nonNumeric name="cyd:CybersecurityRiskManagementThirdPartyEngagedFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89599">engage independent third parties</ix:nonNumeric> on a periodic basis to assess our cybersecurity capabilities under the National Institute of Standards and Technology (&#8220;<div style="font-weight:bold;display:inline;">NIST</div>&#8221;) framework. The results of these assessments are shared with the Board of Directors, including the <ix:nonNumeric name="cyd:CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-89600">Audit Committee</ix:nonNumeric>. We also engage third parties to conduct periodic penetration testing, and to provide technical assistance if needed in connection with our response to a cybersecurity incident. </div></ix:nonNumeric><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">We provide cybersecurity awareness trainings to our employees which are designed to provide guidance for identifying and reporting cybersecurity <div style="display:inline;">risks </div>and promote familiarity with our cybersecurity policies, and we require employees in certain roles to complete additional role-based, specialized cybersecurity trainings and incident simulations. We also leverage internal communications to promote awareness and conduct phishing exercises and provide training to employees. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">We adopted and implemented an incident response plan, which provides a structured approach for managing, escalating and remediating cybersecurity incidents, as further described below under &#8220;Cybersecurity Governance.&#8221; There is a business continuity plan in place that covers critical infrastructure. We also have in place a global information security policy and supporting policies and standards covering key risk domains such as asset management, asset control, network security, incident management, third-party risk management and internet and technology use. The company reviews these plans periodically and updates them as needed. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Cybersecurity is also an important part of our third-party risk management program. Through this program, the company seeks to identify, assess and manage risks, including cybersecurity risks, associated with our external service providers. We take a risk-based approach to conducting due diligence in the vendor onboarding process, and we may seek to leverage the use of contractual terms to further mitigate risk. We also assess aspects of our vendors&#8217; cybersecurity posture in certain circumstances. </div></div><ix:nonNumeric name="cyd:CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-23133"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">To date, <ix:nonNumeric name="cyd:CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-false" id="ixv-89601">we have not identified any risks from cybersecurity threats that have materially affected</ix:nonNumeric> or are reasonably likely to materially affect the Company or our business strategy, results of operations or financial condition. See &#8220;Risk Factors&#8212;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny&#8221; for further information about data protection and cybersecurity risks. </div></div></ix:nonNumeric><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cybersecurity Governance </div></div></div><ix:nonNumeric name="cyd:CybersecurityRiskManagementExpertiseOfManagementResponsibleTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-23139"><ix:nonNumeric name="cyd:CybersecurityRiskRoleOfManagementTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155771170" id="ixv-23140"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our management plays an active role in assessing and managing material risks from cybersecurity threats. Our Global Director of Cybersecurity and our Global Vice President of Technology Operations and Data lead efforts to identify, analyze and manage cybersecurity threats and incidents, leveraging their experience and qualifications. Our Senior Global Director of Cybersecurity has over 19 years of experience in IT and cybersecurity in the private sector, with expertise in cybersecurity engineering and architecture. During his career he has served and helped build cybersecurity capabilities at Global Fortune 100 companies in the Biotechnology and Financial Services sectors. He joined the company in 2016 and was promoted to his current role in 2025. He holds a Bachelor of Science Degree in Computer Science and Mathematics from Webster University, several advanced Cybersecurity professional certifications, and is a 2023 FBI Citizens Academy graduate. Our Global Vice President of Technology Operations and Data has over 35 years of experience in information technology and cybersecurity. He joined the company in 2005 and was promoted to his current role in 2021, which merges Technology and Data into one role focusing on the core digital capabilities that support our business transformations. He holds a Bachelor of Science degree in Chemical Engineering, a Postgraduate Degree in Marketing and a Master of Business Administration Degree from the Business School S&#227;o Paulo, among other degrees. </div></div></ix:nonNumeric></ix:nonNumeric><ix:continuation id="TextSelection_155771170"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data are supported by a team of professionals, including both legal experts and technical professionals who are well-versed in the detection, assessment and mitigation of cybersecurity incidents and events and whose job function is dedicated, in whole or in part, to cybersecurity risk management. </div></div></ix:continuation><div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>-199-</ix:exclude> </div></div></div></div><div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"></div></ix:continuation><ix:continuation id="TextSelectionAppend_155771177_3" continuedAt="TextSelectionAppend_155771177_4"><ix:exclude><hr style="HEIGHT: 3px; WIDTH: 100%; COLOR: #999999; CLEAR: both;text-indent: 0px;"/></ix:exclude></ix:continuation><div style="TEXT-ALIGN: center;text-indent: 0px;"><div style="WIDTH: 8.5in; TEXT-ALIGN: left; MARGIN-LEFT: auto; MARGIN-RIGHT: auto"><ix:continuation id="TextSelectionAppend_155771177_4"><ix:nonNumeric name="cyd:CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155771166" id="ixv-23157"><ix:nonNumeric name="cyd:CybersecurityRiskProcessForInformingManagementOrCommitteesResponsibleTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155771165" id="ixv-23158"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%">We have also established a cross-functional C<div style="display:inline;">ybersecurity Disclosure Committee</div>, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">co-chaired</div> by our Global Vice President of Technology Operations and Data and a Global Legal Director, to coordinate and align on effective cybersecurity governance, assessment and reporting. The Cybersecurity Disclosure Committee also includes the Global Director of Cybersecurity and other internal technical and legal experts. The Cybersecurity Disclosure Committee assesses information on certain cybersecurity incidents including, among other things, to assist in making determinations of potential mat<div style="display:inline;">eriali</div>ty and disclosure for reporting purposes. </div><ix:nonNumeric name="cyd:CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155771167" id="ixv-23163"><ix:nonNumeric name="cyd:CybersecurityRiskBoardOfDirectorsOversightTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-23164"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and <ix:nonNumeric name="cyd:CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag" contextRef="P01_01_2025To12_31_2025" format="ixt:fixed-true" id="ixv-23168">Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div></ix:nonNumeric><div style="display:inline;"></div>. </div></div></ix:nonNumeric></ix:nonNumeric></ix:nonNumeric></ix:nonNumeric></ix:continuation><ix:continuation id="TextSelection_155771165"><ix:continuation id="TextSelection_155771166"><ix:continuation id="TextSelection_155771167"></ix:continuation></ix:continuation></ix:continuation><div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">-200- </div></div></div></div><div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"></div><hr style="HEIGHT: 3px; WIDTH: 100%; COLOR: #999999; CLEAR: both;text-indent: 0px;"/><div style="margin-bottom: 0px; margin-top: 0px;text-indent: 0px;"></div>


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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">PART III </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_85"><span style="font-weight:bold">ITEM&#8201;17.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">FINANCIAL STATEMENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have elected to provide financial statements pursuant to Item&#160;18. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">FINANCIAL STATEMENTS </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The audited consolidated financial statements as required under Item&#160;18 are attached hereto starting on page <span style="white-space:nowrap">F-1</span> of this <span style="white-space:nowrap">Form&#160;20-F.</span> The audit report of PwC Bedrijfsrevisoren BV/Reviseurs d&#8217;Entreprises SRL, independent registered public accounting firm, is included herein preceding the audited consolidated financial statements. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:10%;vertical-align:top;text-align:left" id="txa65314_87"><span style="font-weight:bold">ITEM&#8201;19.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">EXHIBITS </p></td></tr></table> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;1.1*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312526085345/d59232dex991.htm">Articles of Association of Anheuser-Busch InBev SA/NV, dated as of 2&#160;January 2026 (English-language translation) (incorporated by reference to Exhibit 99.1 to Form <span style="white-space:nowrap">6-K</span> filed by AB InBev on 2&#160;March 2026). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.1*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/310569/000119312509246727/dex41.htm">Indenture, dated as of 16&#160;October 2009, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">F-4</span> (File <span style="white-space:nowrap">No.&#160;333-163464)</span> filed by AB InBev on 3&#160;December 2009). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
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<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.2*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/310569/000119312509246727/dex46.htm">Fifth Supplemental Indenture, dated as of 27&#160;November 2009, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors named therein, and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.6 to Form <span style="white-space:nowrap">F-4</span> (File <span style="white-space:nowrap">No.&#160;333-163464)</span> filed by AB InBev on 3&#160;December 2009). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.3*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312511095401/dex23.htm">Tenth Supplemental Indenture, dated as of 7&#160;April 2010, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors named therein, and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;2.3 to <span style="white-space:nowrap">Form&#160;20-F</span> (File <span style="white-space:nowrap">No.&#160;001-34455)</span> filed by AB InBev on 13&#160;April 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.4*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/310569/000119312511265951/d237392dex42.htm">Twenty-Fourth Supplemental Indenture, dated as of 6&#160;October 2011, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors named therein, and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.2 to Form <span style="white-space:nowrap">F-3/A</span> (File <span style="white-space:nowrap">No.&#160;333-169514)</span> filed by AB InBev on 7&#160;October 2011). </a></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-201- </p>

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<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

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<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.5*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/310569/000119312512512362/d457059dex42.htm">Twenty-Ninth Supplemental Indenture, dated as of 20&#160;December 2012, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors party thereto from time to time and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.2 to Form <span style="white-space:nowrap">F-3/A</span> (File <span style="white-space:nowrap">No.&#160;333-169514)</span> filed by AB InBev on 21&#160;December 2012). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.6*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312513124420/d491590dex25.htm">Indenture, dated as of 17&#160;January 2013, among Anheuser-Busch InBev Finance Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA, Anheuser-Busch InBev Worldwide Inc. and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;2.5 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 25&#160;March 2013). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.7*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312516503662/d157331dex27.htm">Indenture, dated as of 25&#160;January 2016, among Anheuser-Busch InBev Finance Inc., Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;2.7 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 14&#160;March 2016). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.8*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312517092177/d259136dex28.htm">Indenture, dated as of 16&#160;December 2016, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev Finance Inc., Anheuser- Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;2.8 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by Anheuser-Busch InBev SA/NV on 22&#160;March 2017). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.9*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312517170738/d392736dex41.htm">Indenture, dated as of 15&#160;May 2017, among Anheuser-Busch InBev Finance Inc., Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 15&#160;May 2017). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.10*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518107657/d549424dex41.htm">Indenture, dated as of 4&#160;April 2018, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev Finance Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A., Cobrew NV/SA and Anheuser Busch Companies, LLC and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 4&#160;April 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.11*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518273711/d599300dex42.htm">Amended and Restated Deposit Agreement, by and among Anheuser-Busch InBev SA/NV and The Bank of New York Mellon, as Depositary and Owners and Holders of American Depositary Shares, dated as of 23&#160;March 2018 (incorporated by reference to Exhibit&#160;4.2 to Form <span style="white-space:nowrap">S-8</span> filed by Anheuser-Busch InBev SA/NV on 14&#160;September 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.12*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518326132/d645028dex41.htm">Indenture, dated as of 13&#160;November 2018, among Anheuser-Busch InBev Worldwide Inc., Anheuser Busch Companies, LLC, Anheuser- Busch InBev Finance Inc., Anheuser-Busch InBev SA/NV, Brandbrew S.A. and Cobrew NV/SA and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 14&#160;November 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.13*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312519014773/d694556dex41.htm">Seventh Supplemental Indenture, dated as of 23&#160;January 2019, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors party thereto from time to time and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 23&#160;January 2019). </a></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-202- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


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<td style="vertical-align:bottom;width:5%"/>
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<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.14*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312520098291/d884642dex41.htm">Thirteenth Supplemental Indenture, dated as of 3&#160;April 2020, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors party thereto from time to time and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 3&#160;April 2020). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.15</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d65314dex215.htm">Description of Securities registered under Section&#160;12 of the Exchange Act. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;2.16*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312524073830/d718463dex41.htm">Seventeenth Supplemental Indenture, dated as of 21&#160;March 2024, among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, the Subsidiary Guarantors party thereto from time to time and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Exhibit&#160;4.1 to Form <span style="white-space:nowrap">6-K</span> filed by Anheuser-Busch InBev SA/NV on 21&#160;March 2024). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;3.1*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312516498533/d12366dex99236.htm">Voting Agreement between Stichting Anheuser-Busch InBev, Fonds Baillet Latour SPRL (now Fonds Baillet Latour SC) and Fonds Voorzitter Verhelst SPRL (now Fonds Voorzitter Verhelst SC), effective 1&#160;November 2015 (incorporated by reference to Exhibit&#160;2.36 to Amendment No.&#160;15 to Schedule 13D filed by AB InBev on 9&#160;March 2016). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;3.2*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1301486/000119312523132497/d142585dex22.htm">Amended and Restated Shareholders&#8217; Agreement, dated 27&#160;April 2023, among BRC S.&#224;.R.L., Eug&#233;nie Patri S&#233;bastian S.A., EPS Participations S.&#224;.R.L., Rayvax Soci&#233;t&#233; d&#8217;Investissements S.A. and Stichting Anheuser-Busch InBev (incorporated by reference to Exhibit&#160;2.2 to Schedule 13D filed by AB InBev on 27&#160;April 2023). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;3.3*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1301486/000119312516757125/d276200dex9924.htm">Voting and Support Agreement relating to Anheuser-Busch InBev SA/NV, dated 8&#160;October 2016, among Stichting Anheuser-Busch InBev, Altria Group, Inc., BEVCO Ltd. and Anheuser-Busch InBev SA/NV (incorporated by reference to Exhibit&#160;2.4 to Anheuser-Busch InBev SA/NV&#8217;s Schedule 13D filed by BRC S.&#224;.R.L. on 2&#160;November 2016). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.1*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312516503662/d157331dex44.htm">Amendment and Restatement Agreement dated 28&#160;August 2015, amending the 2010 Senior Facilities Agreement dated 26&#160;February 2010 (incorporated by reference to Exhibit&#160;4.4 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 14&#160;March 2016). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.2*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518087899/d462340dex45.htm">Letter of Amendment dated 26&#160;October 2017, amending the 2010 Senior Facilities Agreement dated 26&#160;February 2010 (incorporated by reference to Exhibit&#160;4.5 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by Anheuser-Busch InBev SA/NV on 19&#160;March 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.3*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312521087552/d106470dex43.htm">Amendment and Restatement Agreement dated 16&#160;February 2021, amending the 2010 Senior Facilities Agreement dated 26&#160;February 2010 (incorporated by reference to Exhibit 4.3 to Form <span style="white-space:nowrap">20-F</span> filed by AB InBev on 19&#160;March 2021).<sup style="font-size:75%; vertical-align:top"><span style="font-size:6.5pt">&#8224;</span></sup><sup style="font-size:75%; vertical-align:top"><span style="font-size:6.5pt">&#8224;</span></sup><sup style="font-size:75%; vertical-align:top"> </sup></a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.4*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312511024261/dex43.htm">Share-Based Compensation Plan Relating to Shares of Anheuser-Busch InBev (incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-172069)</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.5*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312511024261/dex44.htm">Share-Based Compensation Plan Relating to American Depositary Shares of Anheuser-Busch InBev (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-172069)</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.6*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312515407864/d40141dex43.htm">Long-Term Incentive Plan Relating to Shares of Anheuser-Busch InBev (most recent version is incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-208634)</span> filed by AB InBev on 18&#160;December 2015). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.7*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312515407864/d40141dex44.htm">Long-Term Incentive Plan Relating to American Depositary Shares of Anheuser-Busch InBev (most recent version is incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-208634)</span> filed by AB InBev on 18&#160;December 2015). </a></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-203- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td/>

<td style="vertical-align:bottom;width:5%"/>
<td style="width:90%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.8*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312515407864/d40141dex45.htm">Exceptional Incentive Restricted Stock Units Programme (most recent version is incorporated by reference to Exhibit&#160;4.5 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-208634)</span> filed by AB InBev on 18&#160;December 2015). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.9*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510206653/dex43.htm">Discretionary Restricted Stock Units Programme (incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-169272)</span> filed on 8&#160;September 2010). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.10*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510040421/dex43.htm">Terms and Conditions of Anheuser-Busch InBev SA/NV Stock Option Plan&#8211;Stock Options Grant of 18&#160;December 2009 (incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-165065)</span> filed by AB InBev on 25&#160;February 2010 and post-effectively amended by Post-Effective Amendment No.&#160;1 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.11*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510040421/dex44.htm">Anheuser-Busch InBev SA/NV Long-Term Incentive Plan&#8211;Stock Options Grant of 18&#160;December 2009 (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-165065)</span> filed by AB InBev on 25&#160;February 2010 and post-effectively amended by Post-Effective Amendment No.&#160;1 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.12*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510040421/dex45.htm">Forms of Stock Option Plan underlying the Dividend Waiver and Exchange Program (incorporated by reference to Exhibit&#160;4.5 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-165065)</span> filed by AB InBev on 25&#160;February 2010 and post-effectively amended by Post-Effective Amendment No.&#160;1 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.13*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510040421/dex46.htm">Share-Based Compensation Plan March 2010 (incorporated by reference to Exhibit&#160;4.6 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-165065)</span> filed by AB InBev on 25&#160;February 2010 and post-effectively amended by Post-Effective Amendment No.&#160;1 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.14*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312510040421/dex47.htm">Share-Based Compensation Plan March 2010 for EBM, GHQ&#160;&amp; NY (incorporated by reference to Exhibit&#160;4.7 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 25&#160;February 2010 and post-effectively amended by Post-Effective Amendment No.&#160;1 to Form <span style="white-space:nowrap">S-8</span> filed by AB InBev on 4&#160;February 2011). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.15*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312515407864/d40141dex46.htm">2020 Dream Incentive Plan (incorporated by reference to Exhibit&#160;4.6 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-208634)</span> filed by AB InBev on 18&#160;December 2015). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.16*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312514112577/d692738dex418.htm">Final Judgment of the United States District Court for the District of Columbia, entered into on 21&#160;October 2013, outlining the Grupo Modelo settlement (incorporated by reference to Exhibit&#160;4.18 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 25&#160;March 2014). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.17*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1140467/000119312515374802/d30700dex995.htm">Tax Matters Agreement, dated as of 11&#160;November 2015, between Anheuser-Busch InBev SA/NV and Altria Group, Inc. (incorporated by reference to Exhibit&#160;99.5 to AB InBev&#8217;s Current Report on Form <span style="white-space:nowrap">6-K</span> filed with the SEC on 12&#160;November 2015). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.18*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312517092177/d259136dex426.htm">Information Rights Agreement, dated as of 11&#160;November 2015, between Anheuser-Busch InBev SA/NV and Altria Group, Inc. (incorporated by reference to Exhibit&#160;4.26 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 22&#160;March 2017). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.19*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312517092177/d259136dex427.htm">Registration Rights Agreement, dated as of 10&#160;October 2016, among Anheuser-Busch InBev SA/NV and the Holders as defined therein (incorporated by reference to Exhibit&#160;4.27 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 22&#160;March 2016). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.20*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312519083684/d694548dex428.htm">Modified Judgment of the United States District Court for the District of Columbia, dated as of 22&#160;October 2018, relating to the combination with SAB (incorporated by reference to Exhibit&#160;4.28 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 22&#160;March 2019). </a></td></tr></table>
 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-204- </p>

</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>
<h5 style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>


<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td/>

<td style="vertical-align:bottom;width:5%"/>
<td style="width:90%"/></tr>

<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.21*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312517355762/d488784dex44.htm">Gap Long-Term Incentive Plan for SABMiller Employees (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-221808)</span> filed on 29&#160;November 2017). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.22*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518273711/d599300dex43.htm">Five-Year Performance Restricted Stock Units Plan (incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-227335)</span> filed on 14&#160;September 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.23*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312518273711/d599300dex44.htm"><span style="white-space:nowrap">Ten-Year</span> Performance Restricted Stock Units Plan (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-227335)</span> filed on 14&#160;September 2018). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.24*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312519149911/d744764dex43.htm">Restricted Stock Units Plan for Directors (incorporated by reference to Exhibit&#160;4.3 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-231556)</span> filed on 17&#160;May 2019). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.25*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312520302639/d87401dex44.htm">Base Restricted Stock Units Plan Relating to American Depositary Shares of AB InBev (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-250930)</span> filed on 24&#160;November 2020). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.26*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312522294350/d275979dex44.htm">Base Performance Stock Units Plan Relating to Shares of AB InBev (incorporated by reference to Exhibit&#160;4.4 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-268582)</span> filed on 29&#160;November 2022). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.27*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312522294350/d275979dex45.htm">Base Share-Based Compensation Relating to Shares of AB InBev (incorporated by reference to Exhibit&#160;4.5 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-268582)</span> filed on 29&#160;November 2022). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.28*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312522294350/d275979dex46.htm">Base Share-Based Compensation Relating to American Depositary Shares of AB InBev (incorporated by reference to Exhibit&#160;4.6 to Form <span style="white-space:nowrap">S-8</span> (File <span style="white-space:nowrap">No.&#160;333-268582)</span> filed on 29&#160;November 2022). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;4.29*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312525066466/d905180dex43.htm">Amended and Restated Base Restricted Stock Units Plan Relating to Shares of AB InBev (incorporated by reference to Exhibit&#160;4.3 to Post-Effective Amendment No.&#160;1 to Form&#160;S-8 (File No.&#160;333-250930) filed on 28&#160;March 2025). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;&#8199;8.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="#fin65314_100a">List of significant subsidiaries (included in note 34 to our audited consolidated financial statements included in this <span style="white-space:nowrap">Form&#160;20-F).</span> </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;11.1*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312524064823/d801635dex111.htm">Anheuser-Busch InBev Code of Dealing, dated as of October 2023 (incorporated by reference to Exhibit&#160;11.1 to <span style="white-space:nowrap">Form&#160;20-F</span> filed by AB InBev on 11&#160;March 2024). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;11.2*</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="http://www.sec.gov/Archives/edgar/data/1668717/000119312525052976/d899194dex112.htm">Anheuser-Busch InBev Code of Business Conduct, dated as of February 2025 (incorporated by reference to Exhibit&#160;11.2 to Form&#160;20-F filed by AB InBev on 12&#160;March 2025). </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">&#8199;12.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d65314dex121.htm">Principal Executive Officer Certification pursuant to Section&#160;302 of the Sarbanes-Oxley Act of 2002. </a></td></tr>
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<td style="vertical-align:top;white-space:nowrap">101</td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-206- </p>

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<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SIGNATURES </p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Registrant certifies that it meets all of the requirements for filing on <span style="white-space:nowrap">Form&#160;20-F</span> and has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="vertical-align:bottom">&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">Anheuser-Busch InBev SA/NV</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman;font-weight:bold">(Registrant)</p></td></tr>
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<td style="vertical-align:top">Date: 3&#160;March 2026</td>
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<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">By:</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;</td>
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<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Title:</td>
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 <p style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:center">-207- </p>

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<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">F-2</div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><a href="#fin65314_2">Consolidated income statement</a></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="letter-spacing: 0px; top: 0px;display:inline;">7</div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><a href="#fin65314_3">Consolidated statement of comprehensive income/(loss)</a></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">8</div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 3pt; font-family: Arial;"/>
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<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><a href="#fin65314_4">Consolidated statement of financial position</a></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">9</div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 3pt; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><a href="#fin65314_6">Consolidated statement of cash flows</a></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-1 </div></div></div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> </div></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="color:red;display:inline;">
<img alt="" src="g65314snap2.jpg" style="width: 116px; height: 60px;"/></div> </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">To the Shareholders and the Board of Directors of Anheuser-Busch InBev NV/SA </div></div></div><div id="fin65314_1" style="text-align: center; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 24pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Report of Independent Registered Public Accounting Firm </div></div></div><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Opinions on the Financial Statements and Internal Control over Financial Reporting </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;">We have audited the accompanying consolidated statements of financial position of Anheuser-Busch InBev NV/SA and its subsidiaries (the &#8220;Company&#8221;) as of 31&#160;December 2025 and 2024, and the related consolidated income statements, the consolidated statements of comprehensive income/(loss), the consolidated statements of changes in equity and the consolidated statements of cash flows for each of the three years in the period ended 31&#160;December 2025, including the related notes (collectively referred to as the &#8220;consolidated financial statements&#8221;). We also have audited the Company&#8217;s internal control over financial reporting as of 31&#160;December 2025, based on criteria established in <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Internal Control&#8212;Integrated Framework</div></div> (2013)&#160;issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;">In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of 31&#160;December 2025 and 2024, and the results of its operations and its cash flows for each of the three years in the period ended 31&#160;December 2025 in conformity with IFRS Accounting Standards as issued by the International Accounting Standards Board and IFRS Accounting Standards as adopted by the European Union. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of 31&#160;December 2025, based on criteria established in <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Internal Control&#8212;Integrated Framework</div></div> (2013)&#160;issued by the COSO. </div></div><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Basis for Opinions </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The Company&#8217;s management is responsible for these consolidated financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in Management&#8217;s Annual Report on Internal Control over Financial Reporting appearing under Part II, Item 15. Our responsibility is to express opinions on the Company&#8217;s consolidated financial statements and on the Company&#8217;s internal control over financial reporting based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div></div>
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<td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">pwc.be</div></div></div></div></td>
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<td style="vertical-align: top;"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">PwC Bedrijfsrevisoren BV - PwC Reviseurs d&#8217;Entreprises SRL &#8211;</div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Assurance Services Maatschappelijke zetel/Si&#232;ge social:</div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Culliganlaan 5, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">B-1831</div> Diegem T: +32 (0)2 710 4211,</div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">BTW/TVA BE 0429.501.944 / RPR Brussel - RPM Bruxelles / ING BE43 3101 3811 9501 - BIC BBRUBEBB / BELFIUS BE92 0689 0408 8123 - BIC GKCC BEBB</div></div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-2 </div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></div></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud, and whether effective internal control over financial reporting was maintained in all material respects. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Our audits of the consolidated financial statements included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions. </div></div></div><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Definition and Limitations of Internal Control over Financial Reporting </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A company&#8217;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company&#8217;s internal control over financial reporting includes those policies and procedures that (i)&#160;pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii)&#160;provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (iii)&#160;provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s assets that could have a material effect on the financial statements. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </div></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-3 </div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></div></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Critical Audit Matters </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The critical audit matters communicated below are matters arising from the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee and that (i)&#160;relate to accounts or disclosures that are material to the consolidated financial statements and (ii)&#160;involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate. </div></div></div><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment of goodwill and intangible assets with indefinite useful life </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As described in Notes 4, 14 and 15 to the consolidated financial statements, the Company has recorded goodwill and intangible assets with indefinite useful life for an amount of 117 908&#160;million US dollar and 38 478&#160;million US dollar, respectively, as of 31&#160;December 2025. Impairment analyses of goodwill and indefinite-lived intangible assets are performed annually and whenever a triggering event has occurred, in order to determine whether the carrying value exceeds the recoverable amount. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment tests are conducted by management, in accordance with IAS 36, in which management applies a discounted cash flow approach based on current acquisition valuation models for its cash-generating units showing an invested capital to EBITDA multiple above 9x and valuation multiples for its other cash-generating units. The Company uses a strategic plan based on external sources in respect of macro-economic assumptions, competitive and consumer trends, inflation and foreign exchange rates, past experience and identified initiatives in terms of market share, revenue, variable and fixed cost, capital expenditure and working capital assumptions. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Management&#8217;s cash flow projections include significant judgment, estimates and assumptions, related to the weighted average cost of capital and the terminal growth rate. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The principal considerations for our determination that performing procedures relating to the impairment of goodwill and intangible assets with indefinite useful life is a critical audit matter are (i)&#160;the high degree of auditor judgment and subjectivity in applying procedures relating to the valuation of the cash-generating units due to the significant amount of judgment by management when developing this estimate, (ii)&#160;the audit effort involved the use of professionals with specialized skill and knowledge to assist in evaluating the audit evidence obtained from these procedures and (iii)&#160;the significant audit effort necessary in evaluating the significant assumptions relating to the estimate, related to the weighted average cost of capital and the terminal growth rate. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Addressing the matter involved performing procedures and evaluating audit evidence in connection with forming our overall opinion on the consolidated financial statements. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These procedures included testing the effectiveness of controls relating to management&#8217;s goodwill and indefinite-lived asset impairment testing, including controls over the valuation of the Company&#8217;s cash-generating units. </div></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; letter-spacing: 0px; 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evaluating the appropriateness of the discounted cash flow model; testing the completeness, accuracy, and relevance of underlying data used in the models; and, with the assistance of professionals with specialized skill and knowledge, evaluating the significant assumptions used by management, related to the weighted average cost of capital and the terminal growth rate. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Evaluating management&#8217;s assumptions involved evaluating whether the assumptions used by management were reasonable considering (i)&#160;the current and past performance of the cash-generating unit, (ii)&#160;the consistency with external market and industry data, (iii)&#160;whether these assumptions were consistent with evidence obtained in other areas of the audit and (iv)&#160;analysis of sensitivities in the Company&#8217;s discounted cash flow model. </div></div></div><div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Uncertain tax positions </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As described in Notes 4 and 29 to the consolidated financial statements, significant judgment by management is required in determining the worldwide provision for income tax. There are some transactions and calculations for which the ultimate tax determination is uncertain. Some subsidiaries within the Company are involved in tax audits and local enquiries usually in relation to prior years. Investigations and negotiations with local tax authorities are ongoing in various jurisdictions at the reporting date and, by their nature, these can take considerable time to conclude. In assessing the amount of any income tax provisions to be recognized in the financial statements, estimates are made of the expected successful settlement of these matters. </div></div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The principal considerations for our determination that performing procedures relating to uncertain tax positions is a critical audit matter are (i)&#160;the high degree of auditor judgment and subjectivity in applying procedures related to uncertain tax positions due to the significant amount of judgment by management when developing this estimate, including a high degree of estimation uncertainty relative to the numerous and complex tax laws, frequency of tax audits, and the considerable time to conclude investigations and negotiations with local tax authorities as a result of such audits, and (ii)&#160;the audit effort involved the use of professionals with specialized skill and knowledge to assist in evaluating the audit evidence obtained from these procedures. </div></div></div><div style="text-align: justify; 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top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These procedures also included, among others, (i)&#160;testing the information used in the calculation of the income tax provisions, including intercompany agreements, international, federal, and state filing positions, and the related final tax returns, (ii)&#160;testing the calculation of the income tax provision by jurisdiction, including management&#8217;s assessment of the technical merits of tax positions and estimates of the amount of tax benefit expected to be sustained, (iii)&#160;testing the completeness of management&#8217;s assessment of both the identification of uncertain tax positions and possible outcomes thereof; and (iv)&#160;evaluating the status and results of income tax audits by the relevant tax authorities. </div></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 8pt; 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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar, except earnings per share in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89617">59 320</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89618">59 768</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89619">59 380</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89620">26 141</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89621">26 744</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89622">27 396</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89623">33 179</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89624">33 024</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89625">31 984</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89626">6 092</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89627">6 201</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89628">6 277</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89629">7 374</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89630">7 156</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89631">7 158</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89632">4 667</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89633">4 983</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdministrativeExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89634">4 738</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89635">808</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89636">779</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89637">778</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional income/(expense) above profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalIncomeExpenseAboveProfitFromOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89638">449</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalIncomeExpenseAboveProfitFromOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89639">25</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalIncomeExpenseAboveProfitFromOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89640">624</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89641">15 405</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89642">15 487</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89643">13 966</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Finance expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89644">5 146</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89645">6 376</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceCosts" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89646">6 133</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Finance income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89647">682</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89648">1 024</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89649">1 031</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89650">4 465</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89651">5 353</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89652">5 102</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89653">378</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89654">329</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89655">295</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8/16</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89656">9</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89657">104</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89658">35</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossBeforeTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89659">11 328</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossBeforeTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89660">10 568</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossBeforeTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89661">9 124</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89662">2 850</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89663">3 152</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89664">2 234</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89665">8 477</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89666">7 416</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89667">6 891</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period attributable to:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 2.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders of AB InBev</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89668">6 837</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89669">5 855</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89670">5 341</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 2.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interest</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89671">1 640</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89672">1 561</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89673">1 550</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Basic earnings per share</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89674">3.45</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89675">2.92</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89676">2.65</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Diluted earnings per share</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89677">3.39</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89678">2.86</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-89679">2.60</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The accompanying notes are an integral part of these consolidated financial statements. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">7</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div id="fin65314_3" style="font-family: Arial; font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Consolidated statement of comprehensive income/(loss) </div></div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31 December</div></div><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89680">8 477</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89681">7 416</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89682">6 891</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss): items that will not be reclassified to profit or loss:</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89683">65</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89684">141</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89685">136</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89686">65</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89687">141</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89688">136</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss): items that may be reclassified subsequently to&#160;profit&#160;or&#160;loss:</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89689">7 081</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89690">10 212</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;<br/> &#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89691">4 171</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effective portion of changes in fair value of net investment hedges</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89692">274</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89693">935</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89694">242</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges recognized in equity</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89695">69</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89696">705</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89697">400</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges reclassified from equity to profit or loss</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89698">216</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89699">380</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89700">483</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89701">6 660</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89702">8 953</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89703">4 012</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss), net of tax</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89704">6 726</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89705">8 812</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89706">3 876</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income/(loss)</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89707">15 203</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89708">1 396</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89709">10 767</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders of AB InBev</div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89710">13 397</ix:nonFraction></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89711">2 191</ix:nonFraction>)</div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89712">9 739</ix:nonFraction></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interest</div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89713">1 806</ix:nonFraction></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89714">795</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89715">1 028</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The accompanying notes are an integral part of these consolidated financial statements. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">8</div> </div></div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <div id="fin65314_4" style="font-family: Arial; font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Consolidated statement of financial position </div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 94%;"/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8194;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ASSETS</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89716">23 664</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89717">23 503</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Goodwill</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89718">117 908</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89719">110 479</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89720">41 985</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89721">40 034</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89722">5 002</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89723">4 612</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesNonCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89724">161</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesNonCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89725">168</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89726">2 708</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89727">2 493</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pensions and similar obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89728">150</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89729">42</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxAssetsNoncurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89730">444</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxAssetsNoncurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89731">470</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89732">145</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89733">261</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89734">1 871</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89735">1 577</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89736">194 039</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89737">183 637</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89738">306</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89739">221</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Inventories" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89740">5 107</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Inventories" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89741">5 020</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxAssetsCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89742">785</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxAssetsCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89743">727</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89744">583</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89745">554</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89746">6 161</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89747">5 270</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89748">11 638</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89749">11 174</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Assets classified as held for sale</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89750">190</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89751">33</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89752">24 769</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89753">22 999</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Assets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89754">218 808</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Assets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89755">206 637</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">EQUITY AND LIABILITIES</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Issued capital</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89756">1 736</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89757">1 736</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share premium</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89758">17 620</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:SharePremium" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89759">17 620</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reserves</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Reserves" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89760">17 803</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Reserves" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89761">12 304</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Retained earnings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RetainedEarnings" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89762">50 128</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RetainedEarnings" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89763">46 577</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity attributable to equity holders of AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89764">87 287</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89765">78 237</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89766">10 449</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89767">10 463</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89768">97 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89769">88 700</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InterestBearingLoansAndBorrowingsNoncurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89770">72 128</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InterestBearingLoansAndBorrowingsNoncurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89771">70 720</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pensions and similar obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89772">1 275</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89773">1 296</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89774">11 400</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89775">11 321</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxLiabilitiesNoncurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89776">206</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxLiabilitiesNoncurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89777">284</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89778">293</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89779">68</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89780">869</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89781">797</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentProvisions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89782">425</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentProvisions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89783">385</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89784">86 596</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89785">84 871</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BankOverdraft" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89786">14</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BankOverdraft" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-89787">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InterestBearingLoansAndBorrowingsCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89788">885</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InterestBearingLoansAndBorrowingsCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89789">1 449</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxLiabilitiesCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89790">1 825</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentTaxLiabilitiesCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89791">1 805</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89792">6 104</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89793">5 817</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89794">25 455</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89795">23 804</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentProvisions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89796">192</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentProvisions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89797">191</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89798">34 475</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89800">218 808</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89801">206 637</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The accompanying notes are an integral part of these consolidated financial statements. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">9</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <div id="fin65314_5" style="font-family: Arial; font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Consolidated statement of changes in equity </div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Attributable to equity holders of AB InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issued<br/> &#8195;Capital</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share<br/> &#8195;premium</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Treasury<br/> shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other<br/> &#8195;comprehensive<br/> income</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">reserves</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Retained<br/> earnings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-<br/> &#8195;controlling<br/> interest</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Total</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;Equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89802">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89803">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89804">3 706</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89805">54 477</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89806">35 553</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89807">38 823</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89808">73 398</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89809">10 880</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2022" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89810">84 278</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89811">5 341</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89812">5 341</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89813">1 550</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89814">6 891</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89815">4 398</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89816">4 398</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89817">522</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89818">3 876</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89819">4 398</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89820">5 341</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89821">9 739</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89822">1 028</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89823">10 767</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89824">1 582</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89825">1 582</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89826">1 371</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89827">2 952</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2023To12_31_2023_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89828">240</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89829">477</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89830">237</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89831">237</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2023To12_31_2023_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89832">418</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89833">418</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89834">19</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89835">438</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89836">417</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89837">417</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89838">258</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89839">675</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Scope and other changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89840">306</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89841">306</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89842">15</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89843">291</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89844">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89845">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89846">3 465</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89847">54 896</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89848">31 155</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89849">42 215</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89850">81 848</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89851">10 828</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89852">92 676</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Attributable to equity holders of AB InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issued<br/> &#8195;Capital</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share<br/> &#8195;premium</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Treasury<br/> shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other<br/> &#8195;comprehensive<br/> income</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">reserves</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Retained<br/> earnings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-<br/> &#8195;controlling<br/> interest</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Total</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;Equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89853">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89854">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89855">3 465</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89856">54 896</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89857">31 155</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89858">42 215</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89859">81 848</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89860">10 828</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89861">92 676</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89862">5 855</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89863">5 855</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89864">1 561</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89865">7 416</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89866">8 046</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89867">8 046</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89868">766</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89869">8 812</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89870">8 046</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89871">5 855</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89872">2 191</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89873">795</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To01_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89874">1 396</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89875">1 764</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89876">1 764</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89877">1 414</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89878">3 178</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2024To12_31_2024_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89879">421</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89880">370</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89881">791</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89882">791</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2024To12_31_2024_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89883">495</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89884">495</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89885">20</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89886">515</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89887">642</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89888">642</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89889">398</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89890">1 040</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Scope and other changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2024To12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89891">1</ix:nonFraction>)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2024To12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89892">1</ix:nonFraction>)</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2024To12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89893">165</ix:nonFraction>)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89894">166</ix:nonFraction>)</div></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89895">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89896">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89897">3 886</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89898">55 391</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89899">39 201</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89900">46 577</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89901">78 237</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89902">10 463</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89903">88 700</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 7pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issued<br/> &#8195;Capital</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share<br/> &#8195;premium</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Treasury<br/> shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other<br/> &#8195;comprehensive<br/> income</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">reserves</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Retained<br/> earnings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-<br/> &#8195;controlling<br/> interest</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Total</div></div> <div style="text-align: right; font-family: Arial; font-size: 7pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;Equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89904">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89905">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89906">3 886</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89907">55 391</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89908">39 201</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89909">46 577</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89910">78 237</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89911">10 463</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89912">88 700</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89913">6 837</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89914">6 837</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89915">1 640</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89916">8 477</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89917">6 560</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89918">6 560</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89919">166</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89920">6 726</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89921">6 560</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89922">6 837</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89923">13 397</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89924">1 806</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89925">15 203</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89926">2 466</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89927">2 466</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89928">1 820</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89929">4 286</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89930">1 197</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89931">910</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89932">2 106</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89933">2 106</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2025To12_31_2025_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89934">136</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89935">136</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89936">1</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89937">135</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89938">265</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89939">265</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89940">164</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughHyperinflationAdjustments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89941">429</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Scope and other changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2025To12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89942">176</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2025To12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89943">176</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2025To12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89944">163</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89945">339</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_IssuedCapitalMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89946">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_SharePremiumMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89947">17 620</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89948">5 083</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_ReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89949">55 526</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89950">32 641</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_RetainedEarningsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89951">50 128</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89952">87 287</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89953">10 449</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89954">97 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The accompanying notes are an integral part of these consolidated financial statements. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">10</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <div id="fin65314_6" style="font-family: Arial; font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Consolidated statement of cash flows </div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 92%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Notes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="2" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">OPERATING ACTIVITIES</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89955">8 477</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89956">7 416</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89957">6 891</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89958">5 652</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89959">5 544</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89960">5 411</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance (income)/expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceIncomeCost" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89961">4 465</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceIncomeCost" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89962">5 353</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForFinanceIncomeCost" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89963">5 102</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity-settled share-based payment expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89964">625</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89965">644</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89966">570</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForIncomeTaxExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89967">2 850</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForIncomeTaxExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89968">3 152</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForIncomeTaxExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89969">2 234</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForUndistributedProfitsOfAssociates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89970">387</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForUndistributedProfitsOfAssociates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89971">433</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForUndistributedProfitsOfAssociates" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89972">1 125</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-cash items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherAdjustmentsForNoncashItems" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89973">45</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherAdjustmentsForNoncashItems" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89974">269</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherAdjustmentsForNoncashItems" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89975">260</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from operating activities before changes in working capital and use of provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89976">21 637</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89977">21 406</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89978">21 072</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Decrease/(increase) in trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89979">187</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89980">341</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89981">1 147</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Decrease/(increase) in inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89982">87</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89983">149</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForDecreaseIncreaseInInventories" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89984">717</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Increase/(decrease) in trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89985">298</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89986">215</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-89987">1 110</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension contributions and use of provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForPensionContributionsAndUseOfProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89988">426</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForPensionContributionsAndUseOfProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89989">374</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForPensionContributionsAndUseOfProvisions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89990">419</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash generated from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89991">20 814</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89992">21 009</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89993">19 113</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89994">3 348</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89995">3 649</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestPaidClassifiedAsOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89996">3 877</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest received</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89997">462</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89998">594</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-89999">598</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends received</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90000">195</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90001">234</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DividendsReceivedClassifiedAsOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90002">127</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90003">3 240</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90004">3 134</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90005">2 696</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from/(used in) operating activities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90006">14 883</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90007">15 055</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90008">13 265</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INVESTING ACTIVITIES</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition of property, plant and equipment and of intangible assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13/15</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90009">3 656</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90010">3 863</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90011">4 638</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from sale of property, plant and equipment and of intangible assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90012">104</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90013">128</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90014">156</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sale/(acquisition) of subsidiaries, net of cash</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90015">18</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90016">46</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90017">9</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from sale/(acquisition) of other assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90018">98</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90019">523</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90020">83</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from/(used in) investing activities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90021">3 436</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90022">3 259</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90023">4 390</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">FINANCING ACTIVITIES</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90024">4 400</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90025">5 465</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90026">202</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90027">6 861</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90028">9 295</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90029">3 098</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90030">4 543</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90031">2 672</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsPaidClassifiedAsFinancingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90032">3 013</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share buyback</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsToAcquireOrRedeemEntitysShares" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90033">2 301</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsToAcquireOrRedeemEntitysShares" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90034">937</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsToAcquireOrRedeemEntitysShares" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90035">362</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Payment of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90036">733</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90037">787</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90038">780</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CashInflowOutflowOnDerivativeFinancialInstruments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90039">206</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CashInflowOutflowOnDerivativeFinancialInstruments" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90040">431</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CashInflowOutflowOnDerivativeFinancialInstruments" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90041">841</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sale/(acquisition) of non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SaleAcquisitionOfNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90042">323</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SaleAcquisitionOfNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90043">435</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SaleAcquisitionOfNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90044">22</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other financing cash flows</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90045">883</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90046">763</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90047">646</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from/(used in) financing activities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90048">11 450</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90049">9 854</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90050">8 560</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net increase/(decrease) in cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90051">3</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90052">1 942</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90053">315</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents less bank overdrafts at beginning of year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90054">11 174</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90055">10 314</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2022" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90056">9 890</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of exchange rate fluctuations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90057">452</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90058">1 082</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90059">109</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents less bank overdrafts at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90060">11 623</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90061">11 174</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90062">10 314</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The accompanying notes are an integral part of these consolidated financial statements. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-1<div style="display:inline;">1</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <div id="fin65314_7" style="font-family: Arial; font-size: 18pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 18pt; letter-spacing: 0px; top: 0px;display:inline;">Notes to the consolidated financial statements </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 1%; vertical-align: bottom;"/> </tr>
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<td style="height: 0.75pt; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Note</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Corporate information</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Statement of compliance</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summary of significant accounting policies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Use of estimates and judgments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Segment reporting</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions and disposals of subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Payroll and related benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Additional information on operating expenses by nature</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Finance expense and income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Goodwill</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax assets and liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">19</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents and investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Changes in equity and earnings per share</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">22</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Pensions and similar obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">24</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Risks arising from financial instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Contingencies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Related parties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Supplemental guarantor financial information</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">32</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Events after the reporting date</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 9pt; page-break-inside: avoid;">
<td style="padding-bottom: 2pt; vertical-align: top; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev companies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="color: rgb(230, 183, 17); font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">34</div></div></div></td>
<td style="padding-bottom: 2pt; vertical-align: middle; border-bottom-color: rgb(191, 191, 191); border-bottom-width: 0.75pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-1<div style="display:inline;">2</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="bud:DisclosureOfCorporateInformationExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-32495"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1.&#8194;Corporate information </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">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). As a company, we dream big to create a future with more cheers. We are always looking to serve up new ways to meet life&#8217;s moments, move our industry forward and make a meaningful impact in the world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest ingredients. Beer is the drink for moderation, and for over a century, we have championed responsible drinking. We are committed to providing our consumers with balanced choices to enjoy on any occasion. We also invest in marketing that aims to reinforce positive behaviors, and we work with communities, customers, and partners to promote responsible consumption through evidence-based initiatives. </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Our diverse portfolio<div style="display:inline;">&#160;</div></div></div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">of well over </div><ix:nonFraction name="bud:NumberOfBeerBrands" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_Brand" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-90063">400</ix:nonFraction><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> beer brands includes global brands Budweiser</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, Corona</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, Stella Artois</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> and Michelob Ultra</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">; multi-country brands Beck&#8217;s</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, Hoegaarden</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> and Leffe</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">; and local champions such as Aguila</div><div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;">&#174;</div><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, Antarctica</div><div style="letter-spacing: 0px; 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letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">. Our brewing heritage dates back more than </div><ix:nonNumeric name="bud:BrewingHeritagePeriod" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis_BottomOfRangeMemberifrsfullRangeAxis" id="ixv-90064">600 years</ix:nonNumeric><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser&#160;&amp; 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 </div><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis" unitRef="Unit_Employees" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90065">137 000</ix:nonFraction><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> employees based in <div style="display:inline;">more than</div>&#160;</div><ix:nonFraction name="bud:NumberOfCountriesReportingEntityOperates" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis" unitRef="Unit_Country" decimals="0" scale="0" format="ixt:num-dot-decimal" id="ixv-90066">40</ix:nonFraction><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> countries worldwide. For 2025, AB InBev&#8217;s reported revenue was </div><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-90067">59.3</ix:nonFraction><div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> billion US dollar (excluding joint ventures and associates).</div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The consolidated financial statements of the company for the year ended 31&#160;December 2025 comprise the company and its subsidiaries (together referred to as &#8220;AB InBev&#8221; or the &#8220;company&#8221;) and the company&#8217;s interest in associates, joint ventures and operations. These financial statements are reported in millions, indicated as &#8220;m&#8221;, unless stated otherwise. </div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="null;text-indent: 0px;display:inline;"></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The consolidated financial statements were authorized for issue by the Board of Directors on 2 March 2026. </div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="null;text-indent: 0px;display:inline;"></div> </div></ix:nonNumeric><ix:nonNumeric name="bud:DisclosureOfStatementOfComplianceExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-32568"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.&#8194;Statement of compliance </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The consolidated financial statements have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standard Board (&#8220;IASB&#8221;) and in conformity with IFRS Accounting Standards as adopted by the European Union (collectively &#8220;IFRS&#8221;). 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Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), the cost approach is applied. </div></div> </ix:nonNumeric><ix:nonNumeric name="bud:DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-32589"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(B)&#8194;FUNCTIONAL AND PRESENTATION CURRENCY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar, which is the company&#8217;s presentation currency, and has been rounded to the nearest million. 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AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Associates are undertakings in which AB&#160;InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between <ix:nonFraction name="ifrs-full:ProportionOfVotingPowerHeldInAssociate" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-90068">20</ix:nonFraction>% and <ix:nonFraction name="ifrs-full:ProportionOfVotingPowerHeldInAssociate" contextRef="P01_01_2025To12_31_2025_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-90069">50</ix:nonFraction>% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB&#160;InBev&#8217;s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB&#160;InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. 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In&#160;exceptional cases&#160;when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev&#8217;s financial statements.&#160;In such cases, the difference between the end of the reporting period of&#160;these subsidiaries, joint ventures, joint operations or associates&#160;from AB InBev&#8217;s reporting period is no more than three months. Results from the company&#8217;s associates Anadolu Efes and Castel are reported on a three-month lag. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Transactions with non-controlling interests are treated as transactions with equity owners of the company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity where there is no loss of control. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB&#160;InBev&#8217;s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">A listing of the company&#8217;s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 33 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">AB&#160;InBev companies</div></div>.<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div></div> </ix:continuation><ix:nonNumeric name="bud:DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-32635"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(D)&#8194;SUMMARY OF CHANGES IN ACCOUNTING POLICIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards became mandatory for the first time for the financial year beginning on 1&#160;January 2025 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev&#8217;s consolidated financial statements. </div></div> </ix:nonNumeric><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774400" id="ixv-32642"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(E)&#8194;FOREIGN CURRENCIES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign currency transactions </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the reporting date. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing at the date of the transaction or, for those stated at fair value, at the dates the fair value was determined. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation of the results and financial position of foreign operations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the reporting date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders&#8217; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#8217; equity to US dollar at period-end exchange rates are taken to other comprehensive income (translation reserves). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Financial Reporting in hyperinflationary economies </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In May 2018, the Argentine peso underwent a severe devaluation, causing Argentina&#8217;s three-year cumulative inflation to exceed <ix:nonFraction name="bud:CumulativeInflationRateTransitionToHyperinflation" contextRef="P05_01_2018To05_31_2018_ARsrtStatementGeographicalAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-90070">100</ix:nonFraction>% and thus, triggering the requirement to transition to hyperinflation accounting as of 2018, as prescribed by IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial Reporting in Hyperinflationary Economies</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Under IAS 29, non-monetary assets and liabilities stated at historical cost, equity and income statements of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency, applying a general price index. These re-measured accounts are used for conversion into US dollar at the period closing exchange rate. As a result, the statement of financial position and net results of subsidiaries operating in hyperinflation economies are stated in terms of the measuring unit current at the end of the reporting period. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The 2025 results, restated for purchasing power, were translated at the December 2025 closing rate of <ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_ArsMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90071">1459.80</ix:nonFraction> Argentine pesos per US dollar (2024 results were translated at the December 2024 closing rate of <ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_ArsMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90072">1032.79</ix:nonFraction> Argentine pesos per US dollar). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-1<div style="display:inline;">4</div></ix:exclude></div></div></ix:nonNumeric></ix:continuation> </div> </div> <ix:continuation id="TextSelection_155774400" continuedAt="TextSelectionAppend_155774400_1"><ix:continuation id="TextSelectionAppend_155774117_3" continuedAt="TextSelectionAppend_155774117_4"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774117_4" continuedAt="TextSelectionAppend_155774117_5"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> </ix:continuation><div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774117_5" continuedAt="TextSelectionAppend_155774117_6"><ix:continuation id="TextSelectionAppend_155774400_1"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exchange rates </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfExchangeRatesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-32691"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most important exchange rates that have been used in preparing the financial statements are: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Average rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December<br/> 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2023</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_ARSsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90073">1 459.80</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_ARSsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90074">1 032.79</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_ARSsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90075">808.74</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90076">5.50</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90077">6.19</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90078">4.84</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90079">5.60</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90080">5.36</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_BRLsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90081">5.01</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90082">1.37</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90083">1.44</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90084">1.33</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90085">1.40</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90086">1.37</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_CADsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90087">1.35</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90088">7.00</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90089">7.30</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90090">7.10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90091">7.21</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90092">7.18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_CNYsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90093">7.06</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90094">3 749.18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90095">4 415.40</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90096">3 818.47</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90097">4 063.86</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90098">4 077.77</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_COPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90099">4 284.95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90100">0.85</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90101">0.96</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90102">0.90</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90103">0.89</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90104">0.92</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_EURsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90105">0.93</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90106">17.97</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90107">20.27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90108">16.89</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90109">19.28</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90110">18.16</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90111">17.73</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Peruvian sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90112">3.37</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90113">3.77</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90114">3.71</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90115">3.57</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90116">3.76</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_PENsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90117">3.75</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90118">0.74</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90119">0.80</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90120">0.79</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90121">0.76</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90122">0.78</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90123">0.80</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90124">16.55</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90125">18.88</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90126">18.41</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90127">17.92</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90128">18.24</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_ZARsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90129">18.41</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2025_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90130">1 444.93</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2024_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90131">1 474.05</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="PAsOn12_31_2023_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90132">1 296.53</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2025To12_31_2025_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90133">1 421.70</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2024To12_31_2024_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90134">1 355.26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="P01_01_2023To12_31_2023_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-90135">1 309.12</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric></ix:continuation> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774105" id="ixv-33255"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(F)&#8194;INTANGIBLE ASSETS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Research and development </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy N). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Supply and distribution rights </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brands </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. 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Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other intangible assets </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization related to multi-year sponsorship rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Subsequent expenditure </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. 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Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-33333"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(G)&#8194;BUSINESS COMBINATIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company&#8217;s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs are expensed as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If the business combination is achieved in stages, the acquisition date carrying value of AB InBev&#8217;s previously held interest in the acquiree is re-measured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognized in profit or loss. </div></div> </ix:nonNumeric><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774462" id="ixv-33346"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(H)&#8194;GOODWILL </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Goodwill is determined as the excess of the consideration paid over AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In conformity with IFRS 3 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Business Combinations</div></div>, goodwill is stated at cost and not amortized but tested for impairment on an annual basis and whenever there is an indicator that the cash generating unit to which goodwill has been allocated, may be impaired (refer to accounting policy N). 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In respect of associates, the carrying amount of goodwill is included in the carrying amount of the investment in the associate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations. 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Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">self-constructed</div> asset is determined using the same principles as for an acquired asset. 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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Industrial buildings &#8211; other real estate properties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_BuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90138">20</ix:nonNumeric>&#8201;-&#8201;<ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90139">50</ix:nonNumeric>&#160;years&#8195;&#8195;&#8195;&#8194;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ProductionPlantAndProductionEquipmentMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90140">10</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_ProductionPlantAndProductionEquipmentMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90141">15</ix:nonNumeric> years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Storage, packaging and handling equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Returnable packaging:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Kegs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ReturnablePackagingKegsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90144">2</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_ReturnablePackagingKegsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90145">10</ix:nonNumeric> years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Crates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ReturnablePackagingCratesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90146">2</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_ReturnablePackagingCratesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90147">10</ix:nonNumeric> years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Bottles</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ReturnablePackagingBottlesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90148">2</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_ReturnablePackagingBottlesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90149">5</ix:nonNumeric> years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Point of sale furniture and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_FixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90150">5</ix:nonNumeric> years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cars</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_CarsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90151">5</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_CarsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:duryear" id="ixv-90152">10</ix:nonNumeric> years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trucks</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_TruckMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90153">10</ix:nonNumeric> - <ix:nonNumeric name="bud:PropertyPlantAndEquipmentEstimatedUsefulLife" contextRef="P01_01_2025To12_31_2025_TopOfRangeMemberifrsfullRangeAxis_TruckMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" format="ixt-sec:duryear" id="ixv-90154">15</ix:nonNumeric> years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Information processing equipment (hardware)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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The company recognizes a right-of-use asset and a corresponding lease liability with respect to all lease agreements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets. For these </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-1<div style="display:inline;">7</div></ix:exclude> </div></div></ix:nonNumeric></ix:continuation> </div> </div> <ix:continuation id="TextSelection_155774119" continuedAt="TextSelectionAppend_155774119_1"><ix:continuation id="TextSelectionAppend_155774117_12" continuedAt="TextSelectionAppend_155774117_13"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774117_13" continuedAt="TextSelectionAppend_155774117_14"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774117_14" continuedAt="TextSelectionAppend_155774117_15"><ix:continuation id="TextSelectionAppend_155774119_1"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">leases, the company recognizes the lease payments as an operating expense on a straight-line basis over the term of the lease, and payments for these leases are presented in cash flow from operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use asset and are recognized as an expense in the income statement in the period in which the event or condition that triggers those payments occurs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use asset. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses. 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Rental income is recognized in other operating income on a straight-line basis over the term of the lease. </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-33552"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(K)&#8194;INVENTORIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are written down on a case-by-case basis if the anticipated net realizable value declines below the carrying amount of the inventories. The calculation of the net realizable value takes into consideration specific characteristics of each inventory category, such as expiration date, remaining shelf life, slow-moving indicators, amongst others. </div></div> </ix:nonNumeric><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-33563"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(L)&#8194;TRADE AND OTHER RECEIVABLES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within <ix:nonNumeric name="bud:TradeReceivableSettlementPeriod" contextRef="P01_01_2025To12_31_2025" format="ixt-sec:durday" id="ixv-90157">30</ix:nonNumeric> days. Trade receivables are recognized initially at the amount of the consideration that is unconditional unless they contain significant financing components, when they are recognized at the amount adjusted for the time value of money. The company holds trade and other receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables are initially recognized at fair value and subsequently measured at amortized cost. 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They are stated at face value, which approximates their fair value. 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The recoverable amount of the cash generating units to which the goodwill and the intangible assets with indefinite useful life belong is based on discounted future cash flows using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. 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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
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The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">a) Defined contribution plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">b) Defined benefit plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the statement of financial position are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, comprising of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. Re-measurements are not reclassified to profit or loss in subsequent periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other post-employment obligations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Some of AB InBev&#8217;s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. 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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition</div></div>: the company designates these investments on an instrument-by-instrument basis as equity securities at FVOCI because they represent investments held for long term strategic purposes. When cost does not provide an appropriate estimate of fair value, investments in unquoted companies are subsequently measured at fair value using discounted cash flow methods. These investments are not subject to impairment testing and upon disposal, the cumulative gain or loss accumulated in other comprehensive income are not reclassified to profit or loss. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial assets and liabilities at FVPL</div></div>: comprise derivative instruments and equity instruments which were not designated as FVOCI. 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Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. 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If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Any ineffectiveness is recognized immediately in profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair value hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. 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The company&#8217;s <ix:nonFraction name="bud:NumberOfGeographicalRegions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_Region" decimals="INF" scale="0" format="ixt-sec:numwordsen" id="ixv-90164">five</ix:nonFraction> geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management&#8217;s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being commonly reported regions amongst the company&#8217;s peers), as well as management&#8217;s view on the optimal balance between practical and more granular information. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The results of Global Export and Holding Companies, which includes the company&#8217;s global headquarters, some non-beverage related businesses and the export businesses in countries in which AB InBev has no operations are reported separately. The company&#8217;s five geographic regions plus the Global Export and Holding Companies comprise the company&#8217;s <ix:nonFraction name="bud:NumberOfReportableSegments1" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_Segments" decimals="INF" scale="0" format="ixt-sec:numwordsen" id="ixv-90165">six</ix:nonFraction> reportable segments for financial reporting purposes. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. </div></div> </ix:nonNumeric><ix:nonNumeric name="bud:DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-34222"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(AA)&#8195;EXCEPTIONAL ITEMS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 3pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items are those that in management&#8217;s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments or business activities and the effect of the accelerated repayment of certain debt facilities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB are reported in exceptional finance income/(expense). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The impact of income tax on the exceptional items is calculated country-by-country and is included in exceptional taxes (Refer to Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>). </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:nonNumeric> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">26</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774117_39" continuedAt="TextSelectionAppend_155774117_40"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774117_40" continuedAt="TextSelectionAppend_155774117_41"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:continuation id="TextSelectionAppend_155774117_41"><ix:nonNumeric name="ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-34249"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(BB)&#8195;DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev classifies a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use if all of the conditions of IFRS 5 are met. A disposal group is defined as a group of assets to be disposed of, by sale or otherwise, together as a group in a single transaction, and liabilities directly associated with those assets that will be transferred. Immediately before classification as held for sale, the company measures the carrying amount of the asset (or all the assets and liabilities in the disposal group) in accordance with applicable IFRS. Then, on initial classification as held for sale, non-current assets and disposal groups are recognized at the lower of carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale are included in profit or loss. The same applies to gains and losses on subsequent re-measurement. Non-current assets classified as held for sale are no longer depreciated or amortized. </div></div> </ix:nonNumeric><ix:nonNumeric name="bud:DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-34258"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(CC)&#8195;RECENTLY ISSUED IFRS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31&#160;December 2025. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following standards, amendments and interpretations have been issued recently, but are not yet effective: </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 &#8211; Presentation and Disclosures in Financial Statements </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;">In April 2024, the IASB issued IFRS 18 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation and Disclosures in Financial Statements</div></div>, which replaces IAS&#160;1 and introduces new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. IFRS 18 is effective for annual reporting periods beginning on or after 1&#160;January 2027, with earlier application permitted. The standard is to be applied retrospectively. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, its impact on the presentation of the primary financial statements and the related disclosures is expected to be significant. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 introduces new requirements to: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">present specified categories, with the introduction of new operating, investing and financing categories, and defined subtotals in the income statement; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">strengthen the principles of aggregation and disaggregation across primary statements and notes. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company anticipates that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company does not intend to early adopt IFRS 18 and is currently reviewing the impact on its consolidated financial statements. The company assessed that the main presentation change will be the reclassification of foreign exchange gains and losses and gains and losses on certain hedging instruments from finance income and expense per IAS 1 to operating profit per IFRS 18, when the underlying exposure being remeasured or hedged, relates to operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards are effective for annual periods beginning after 1&#160;January 2026 and have not been discussed either because of their non-applicability or immateriality to AB InBev&#8217;s consolidated financial statements. </div></div> </ix:nonNumeric></ix:continuation> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">27</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="bud:DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-34319"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4.&#8199;Use of estimates and judgments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or, if the revision affects both current and future periods, in the period of the revision and future periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Although each of its significant accounting policies reflects judgments, assessments or estimates, AB&#160;InBev believes that the following accounting policies reflect the most critical judgments, estimates and assumptions that are important to its business operations and understanding results: business combinations, intangible assets, goodwill, impairment, provisions, share-based payments, employee benefits and accounting for current and deferred tax. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair values of acquired identifiable intangibles are based on an assessment of future cash flows. 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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Volume</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90169">83</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90170">86</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90171">90</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90172">150</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90173">150</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90174">149</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90175">155</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90176">161</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90177">162</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90178">93</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90179">94</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90180">90</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90181">79</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90182">84</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90183">93</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90184">14 207</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90185">14 655</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90186">15 072</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90187">17 376</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90188">17 072</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90189">16 348</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90190">11 954</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90191">12 423</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90192">12 040</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90193">9 502</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90194">9 003</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90195">8 589</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90196">5 693</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90197">6 196</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90198">6 824</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Profit&#160;from&#160;operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90199">3 747</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90200">4 350</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90201">3 607</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90202">7 382</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90203">6 809</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90204">6 201</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90205">2 909</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90206">3 012</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90207">2 838</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90208">2 022</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90209">1 765</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90210">1 461</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90211">1 011</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90212">1 222</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90213">1 451</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Segment&#160;assets&#160;(non-current)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90214">61 445</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90215">61 837</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90216">62 436</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90217">73 560</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90218">66 567</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90219">74 142</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90220">13 764</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90221">12 820</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90222">14 791</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90223">30 845</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90224">27 951</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90225">29 302</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90226">10 964</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90227">10 952</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90228">11 980</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Gross capex&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772083">391</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772082">436</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772081">495</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772080">921</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772079">1 164</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772078">1 368</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772077">660</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772076">702</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772075">830</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772074">750</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772073">668</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772072">906</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772071">307</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772070">379</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GrossCapitalExpenditure" contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772069">498</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">FTE</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90244">15 449</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90245">16 492</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90246">17 950</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90247">43 085</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90248">45 630</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90249">48 069</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90250">32 931</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90251">34 639</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90252">36 267</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90253">19 264</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90254">19 979</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90255">21 011</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90256">20 908</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FullTimeEquivalentEmployees" contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_pure" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-90257">21 483</ix:nonFraction></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Volume</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90259">-</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90260">-</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90261">-</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90262">561</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90263">576</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ReportedVolumes" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_HLS" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90264">585</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Revenue</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90265">588</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90266">418</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90267">508</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90268">59 320</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90269">59 768</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90270">59 380</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit from operations</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90271">1 666</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90272">1 671</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90273">1 592</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90274">15 405</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90275">15 487</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90276">13 966</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Net finance income/(expense)</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90277">4 465</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90278">5 353</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90279">5 102</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Share of results of associates</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90280">378</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90281">329</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90282">295</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
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<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Exceptional share of results of associates</div> </td>
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<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90283">9</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90284">104</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90285">35</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90286">2 850</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90287">3 152</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90288">2 234</ix:nonFraction>)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90289">8 477</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90290">7 416</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90291">6 891</ix:nonFraction></div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td colspan="25" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">.</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"></div> </td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Segment assets (non-current)&#185;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90292">3 461</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90293">3 511</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_GlobalExportandHoldingCompaniesMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90294">3 323</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90295">194 039</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90296">183 637</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90297">195 973</ix:nonFraction></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"/> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Gross capex&#185;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government grants</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromGovernmentGrants" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90328">365</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromGovernmentGrants" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772132">384</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromGovernmentGrants" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772131">374</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net rental income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RentalIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90331">108</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RentalIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771155">106</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RentalIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771156">106</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90334">95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772126">88</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772125">73</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">License income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:LicenceFeeIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90337">33</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:LicenceFeeIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772129">32</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:LicenceFeeIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772128">31</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeOperating" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90340">206</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeOperating" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771797">168</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeOperating" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771798">194</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90343">808</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772123">779</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772122">778</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The income from government grants primarily relate to fiscal incentives given by certain Brazilian states and Chinese provinces, based on the company&#8217;s operations and developments in those regions. </div></div></ix:nonNumeric> <ix:nonNumeric name="bud:DisclosureOfExceptionalItemsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774915" id="ixv-36624"><div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8.&#8199;Exceptional items </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">IAS 1 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation of financial statements</div></div> requires that material items of income and expense be disclosed separately. Exceptional items are items that in management&#8217;s judgment need to be disclosed by virtue of their size or incidence so that a user can obtain a proper understanding of the company&#8217;s financial information. </div> <ix:nonNumeric name="bud:DisclosureOfComponentsOfExceptionalItemsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774196" id="ixv-36632"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The exceptional items included in the income statement were as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalRestructuringCharges" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90346">116</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalRestructuringCharges" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771761">156</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalRestructuringCharges" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771760">142</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Business and asset disposals (including impairment losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalGainLossOnBusinessAndAssetDisposal" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90349">274</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalGainLossOnBusinessAndAssetDisposal" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771758">181</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalGainLossOnBusinessAndAssetDisposal" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771757">397</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Claims and legal costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalClaimsAndLegalCosts" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90352">53</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalClaimsAndLegalCosts" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155771960">-</ix:nonFraction>&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalClaimsAndLegalCosts" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771961">85</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs (business combinations)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalAcquisitionCostBusinessCombinations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90355">5</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalAcquisitionCostBusinessCombinations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155771755">-</ix:nonFraction>&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalAcquisitionCostBusinessCombinations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155771754">-</ix:nonFraction>&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impact on profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90358">449</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771752">25</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771751">624</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalNetFinanceIncomeCost" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90361">185</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalNetFinanceIncomeCost" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771963">995</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalNetFinanceIncomeCost" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771964">69</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90364">9</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771966">104</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771967">35</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalTaxes" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90367">156</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalTaxes" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771970">205</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalTaxes" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771971">84</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional non-controlling interest</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ExceptionalNoncontrollingInterest" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90370">30</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalNoncontrollingInterest" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771973">9</ix:nonFraction></div></td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ExceptionalNoncontrollingInterest" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771974">30</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact on profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetImpactOnProfit" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90373">499</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetImpactOnProfit" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771979">1 062</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetImpactOnProfit" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771977">614</ix:nonFraction>)</div></div></div></td>
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These charges primarily relate to organizational alignments as a result of operational improvements across our supply chain and our commercial and support functions. These changes aim to eliminate overlapping organizations or duplicated processes, taking into account the matching of employee profiles with new organizational requirements. 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Business and asset disposals (including impairment losses) amounted to <ix:nonFraction name="bud:ExceptionalGainLossOnBusinessAndAssetDisposal" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90382">181</ix:nonFraction>m US dollar income for the year ended 31&#160;December 2024 mainly comprising of a gain of <ix:nonFraction name="bud:ExceptionalGainLossOnBusinessAndAssetDisposal" contextRef="P01_01_2024To12_31_2024_GhostBeveragesLlcMemberifrsfullCounterpartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90383">437</ix:nonFraction>m US dollar recognized upon the sale of our share in associate Ghost Beverages LLC, partially offset by impairment losses of intangible assets and other non-core assets sold in the <div style="letter-spacing: 0px; top: 0px;display:inline;">period</div>. 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Oriental Brewery Co., Ltd. (&#8220;OB&#8221;), a subsidiary in South Korea, reported a (<ix:nonFraction name="bud:ExceptionalCustomsAuditClaim" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90387">66</ix:nonFraction>)m US dollar exceptional expense relating <div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">to</div> a customs audit claim in the 2023 Financial Statements. During the year ended 31&#160;December 2025, OB recorded (<ix:nonFraction name="bud:ExceptionalLegalCosts" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90388">49</ix:nonFraction>)m US dollar exceptional expenses related to these customs audit claims for remaining audit periods. During the year ended 31&#160;December 2023, the company<div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;">also</div> recorded&#160;legal costs of (<ix:nonFraction name="bud:ExceptionalLegalCosts" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90389">19</ix:nonFraction>)m US dollar related to the successful outcome of a series of lawsuits regarding Ambev warrants. See also Note 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"><div style="font-style:italic;display:inline;">Contingencies</div></div>.<div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional net finance expense</div></div> amounted to (<ix:nonFraction name="bud:NetFinanceCostIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90390">185</ix:nonFraction>)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: net finance expense of (<ix:nonFraction name="bud:NetFinanceCostIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90391">995</ix:nonFraction>)m US dollar; 31&#160;December 2023: net finance expense of (<ix:nonFraction name="bud:NetFinanceCostIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90392">69</ix:nonFraction>)m US dollar ) &#8211; see Note 11<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Finance expense and income</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional share of results of associates</div></div> amounted to <ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90393">9</ix:nonFraction>m US dollar related to the company&#8217;s associate Anadolu Efes for the year ended 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90394">104</ix:nonFraction>m US dollar from Anadolu Efes&#8217; adoption of IAS 29 hyperinflation accounting on their 2023 results; 31&#160;December 2023: (<ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90395">35</ix:nonFraction>)m US dollar) &#8211; see Note 13 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">All the amounts referenced above are before income taxes. <div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional taxes</div></div> amounted to <ix:nonFraction name="bud:UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90396">156</ix:nonFraction>m US dollar (decrease of income taxes) for the year ended 31&#160;December 2025, and mainly included <ix:nonFraction name="bud:DecreaseInIncomeTaxDueToExceptionalItems" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90397">66</ix:nonFraction>m US dollar exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the income tax on exceptional items. Exceptional taxes amounted to (<ix:nonFraction name="bud:DecreaseInIncomeTaxDueToExceptionalItems" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90398"><ix:nonFraction name="bud:UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90399">205</ix:nonFraction></ix:nonFraction>)m US dollar (increase of income taxes) for the year ended 31&#160;December 2024 and mainly included the net impact of (<ix:nonFraction name="bud:UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" contextRef="P01_01_2024To12_31_2024_SouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90400">240</ix:nonFraction>)m US dollar exceptional tax expense (<div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" contextRef="P01_01_2024To12_31_2024_SouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_ZAR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-90401">4.5</ix:nonFraction></div> billion South African rand) following the resolution of South African tax matters (see Note 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Contingencies)</div></div>, the income tax on exceptional items and the release of tax provisions. 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See also Note 12 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Income taxes</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Non-controlling interest</div></div> on the exceptional items amounted to (<ix:nonFraction name="bud:ExceptionalItemsIncludedInNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90404">30</ix:nonFraction>)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="bud:ExceptionalItemsIncludedInNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90405">9</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="bud:ExceptionalItemsIncludedInNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90406">30</ix:nonFraction>m US dollar). </div> </ix:continuation><ix:nonNumeric name="bud:DisclosureOfPayrollAndRelatedBenefitsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-37036"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9.&#8199;Payroll and related benefits </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-37041"> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
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<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Wages and salaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90407">5 393</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90408">5 285</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90409">5 164</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Social security contributions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90410">797</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90411">770</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90412">804</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other personnel cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90413">702</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90414">683</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90415">689</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payment expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90416">625</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90417">644</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90418">570</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined contribution plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90419">178</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90420">183</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90421">150</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined benefit plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90422">139</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90423">150</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90424">166</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Payroll and related benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90425">7 835</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90426">7 715</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90427">7 544</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfNumberOfEmployeesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-37287"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The number of full-time equivalents can be split as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev NV/SA (parent company)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2025_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90428">218</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2024_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90429">229</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2023_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90430">236</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2025_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90431">136 587</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2024_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90432">143 656</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2023_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90433">154 304</ix:nonFraction></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total number of FTE</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2025" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90434">136 805</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2024" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90435">143 885</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfEmployees" contextRef="PAsOn12_31_2023" unitRef="Unit_Employees" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-90436">154 540</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:nonNumeric></ix:nonNumeric> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">32</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="bud:DisclosureOfOperatingExpenseByNatureExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-37435"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10. Additional information on operating expenses by nature </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-37440"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment charges are included in the following line items of the consolidated income statement: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"/>
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<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90437">2 949</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90438">106</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90439">26</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90440">121</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90441">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90442">333</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90443">256</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90444">480</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90445">266</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90446">288</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90447">424</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90448">114</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90449">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90450">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90451">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90452">267</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90453">15</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90454">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90455">3 882</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90456">1 029</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90457">740</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"/>
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<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
<td/> </tr>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2024&#185;</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772273">3 105</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772256">82</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774164">32</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772272">135</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772255">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774163">336</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772271">271</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772254">379</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774162">276</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772276">315</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772253">421</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774161">132</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155772275">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772252">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774582">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772441">49</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155772251">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774583">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772274">3 875</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772257">893</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774165">776</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td/>
<td/>
<td/>
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<td/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
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<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772270">3 095</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772250">75</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774160">33</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772269">139</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772249">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774159">351</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772268">291</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772248">260</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774158">274</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772267">318</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772247">401</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774157">137</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155772266">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772181">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774584">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155772182">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772183">25</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023_ExceptionalItemsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774585">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772265">3 843</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AmortisationAndImpairmentOfIntangibleAssets" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772246">774</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DepreciationAndImpairmentOfRightofuseAsset" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774156">795</ix:nonFraction>)</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestexpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90500">3 194</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestexpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770784">3 437</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestexpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770785">3 696</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullrevenuefrominterest" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90503">511</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullrevenuefrominterest" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771779">591</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullrevenuefrominterest" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771778">565</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income on Brazilian tax credits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budincomefrominterestonbraziliantaxcredits" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90506">117</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budincomefrominterestonbraziliantaxcredits" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771776">142</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budincomefrominterestonbraziliantaxcredits" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771775">168</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net interest income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestrevenueexpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90509">2 566</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestrevenueexpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770787">2 704</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullinterestrevenueexpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770788">2 963</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90512">747</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771773">722</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771772">808</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budinterestonpensions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90515">74</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budinterestonpensions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771770">89</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budinterestonpensions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771769">90</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense and interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpenseandinterestonpensions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90518">821</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpenseandinterestonpensions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771767">811</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budaccretionexpenseandinterestonpensions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771766">898</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net foreign exchange gains/(losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90521">386</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771764">147</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771250">353</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net gains/(losses) on hedging instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budlossesonhedginginstruments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90524">310</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budlossesonhedginginstruments" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771248">312</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budlossesonhedginginstruments" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771247">613</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Bank fees, taxes and other financial expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullotherfinancecost" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90527">221</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullotherfinancecost" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771245">392</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Ifrsfullotherfinancecost" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771244">231</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullotherfinanceincome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90530">25</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullotherfinanceincome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771242">8</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Ifrsfullotherfinanceincome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155771241">25</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial results</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budotherfinancialresultincomeexpenses" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90533">893</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budotherfinancialresultincomeexpenses" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771239">843</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budotherfinancialresultincomeexpenses" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770790">1 172</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense) excluding exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budfinanceincomeexpensesexcludingexceptionalitems" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90536">4 280</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budfinanceincomeexpensesexcludingexceptionalitems" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770792">4 358</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Budfinanceincomeexpensesexcludingexceptionalitems" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770793">5 033</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Exceptional finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budexceptionalfinanceincomecosts" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90539">185</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budexceptionalfinanceincomecosts" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771782">995</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:Budexceptionalfinanceincomecosts" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155771781">69</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullfinanceincomecost" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90542">4 465</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullfinanceincomecost" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770796">5 353</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:Ifrsfullfinanceincomecost" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155770797">5 102</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2025, accretion expense included the unwind of discount on payables of <ix:nonFraction name="bud:AccretionExpenseIncludedUnwindOfDiscountOnPayables" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90545">423</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="bud:AccretionExpenseIncludedUnwindOfDiscountOnPayables" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90546">441</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="bud:AccretionExpenseIncludedUnwindOfDiscountOnPayables" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90547">480</ix:nonFraction>m US dollar), interest on lease liabilities of <ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90548">144</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90549">142</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90550">156</ix:nonFraction>m US dollar), bond fees and interest on provisions of <ix:nonFraction name="ifrs-full:InterestExpenseOnBonds" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90551">152</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:InterestExpenseOnBonds" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90552">116</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:InterestExpenseOnBonds" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90553">116</ix:nonFraction>m US dollar), and deferred consideration on acquisitions of <ix:nonFraction name="bud:DeferredConsiderationOnAcquisitions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90554">29</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="bud:DeferredConsiderationOnAcquisitions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90555">23</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="bud:DeferredConsiderationOnAcquisitions" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90556">54</ix:nonFraction>m US dollar).</div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Interest expense is presented net of the impact of interest rate derivatives used to hedge AB InBev&#8217;s interest rate risk. Information on these instruments, as well as on net foreign exchange gains/(losses) and net gains/(losses) on hedging instruments, can be found in Note 27<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Risks arising from financial instruments</div></div>. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional finance income/(expense) included: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:MarkToMarketGainLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90557">213</ix:nonFraction>)m US dollar loss resulting from mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB (2024: (<ix:nonFraction name="bud:MarkToMarketGainLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90558">1 211</ix:nonFraction>)m US dollar loss; 2023: (<ix:nonFraction name="bud:MarkToMarketGainLoss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90559">325</ix:nonFraction>)m US dollar loss); </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossForCompletionOfTenderOffersOfNotesIssued" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90560">28</ix:nonFraction>m US dollar gain related to the completion of tender offers of notes issued by the company and certain of its subsidiaries (2024: <ix:nonFraction name="bud:GainLossForCompletionOfTenderOffersOfNotesIssued" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90561">263</ix:nonFraction>m US dollar gain; 2023: <ix:nonFraction name="bud:GainLossForCompletionOfTenderOffersOfNotesIssued" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90562">239</ix:nonFraction>m US dollar gain); and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ImpairmentLossesOnFinancialAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90563">66</ix:nonFraction>)m US dollar loss resulting from the impairment of financial investments and <ix:nonFraction name="bud:GainLossOnRemeasurementOfDeferredConsiderations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90564">18</ix:nonFraction>m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions, in 2024 (2023: <ix:nonFraction name="bud:GainLossOnRemeasurementOfDeferredConsiderations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90565">17</ix:nonFraction>m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:DisclosureOfInterestIncomeExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-38940"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income arises from the following financial assets: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90566">463</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90567">559</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90568">537</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in debt securities held for trading</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnDebtInstrumentsHeld" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90569">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnDebtInstrumentsHeld" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90570">23</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnDebtInstrumentsHeld" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90571">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other loans and receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90572">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90573">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90574">19</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90575">511</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90576">591</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90577">565</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income on other loans and receivables includes interest accrued on cash deposits held as guarantees for certain legal proceedings pending resolution. No interest income was recognized on impaired financial assets. </div></div> <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:nonNumeric><ix:continuation id="TextSelection_155771813"> <ix:continuation id="TextSelection_155774586"><div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div></ix:continuation> </ix:continuation> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">34</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="ifrs-full:DisclosureOfIncomeTaxExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774544" id="ixv-39121"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12. Income taxes </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfCurrentAndDeferredTaxChargeExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-39126"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes recognized in the income statement can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 91%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90578">3 349</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90579">3 252</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90580">2 828</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Underprovided)/overprovided in prior years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90581">78</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90582">211</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90583">95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90584">3 271</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90585">3 463</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90586">2 923</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Origination and reversal of temporary differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90587">614</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90588">482</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90589">855</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90590">193</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90591">171</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90592">166</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax (expense)/income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90593">420</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90594">311</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90595">689</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total income tax expense in the income statement</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90596">2 850</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90597">3 152</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90598">2 234</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774109" id="ixv-39444"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) before tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossOfAcquiree" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90599">11 328</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossOfAcquiree" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90600">10 568</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossOfAcquiree" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90601">9 124</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90602">378</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90603">329</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90604">295</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeductExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90605">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeductExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90606">104</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DeductExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90607">35</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before tax and before share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90608">10 941</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90609">10 134</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90610">8 864</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments to the tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government incentives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfGovernmentIncentives" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90611">149</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfGovernmentIncentives" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90612">376</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfGovernmentIncentives" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90613">756</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-deductible/(non-taxable) mark-to-market on derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90614">213</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90615">1 211</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90616">325</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other expenses not deductible for tax purposes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90617">1 263</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90618">1 666</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90619">1 521</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-taxable income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90620">733</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90621">560</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90622">647</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjusted tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:GrossAdjustmentsOnTaxableBasis" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90623">11 534</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:GrossAdjustmentsOnTaxableBasis" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90624">12 074</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:GrossAdjustmentsOnTaxableBasis" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90625">9 306</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate weighted nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:AggregatedWeightedNominalTaxRate" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90626">26.9</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:AggregatedWeightedNominalTaxRate" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90627">26.4</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:AggregatedWeightedNominalTaxRate" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90628">27.5</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax at aggregated nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:TaxAmountAtAggregatedWeightedNominalTaxRate" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90629">3 098</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:TaxAmountAtAggregatedWeightedNominalTaxRate" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90630">3 183</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:TaxAmountAtAggregatedWeightedNominalTaxRate" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90631">2 558</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments on tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90632">193</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90633">171</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90634">166</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Underprovided)/overprovided in prior years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TaxEffectOfPriorYearAdjustments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90635">78</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfPriorYearAdjustments" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90636">211</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfPriorYearAdjustments" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90637">95</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from interest on equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TaxEffectOfDeductionsFromInterestOnEquity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90638">252</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TaxEffectOfDeductionsFromInterestOnEquity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90639">240</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TaxEffectOfDeductionsFromInterestOnEquity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90640">781</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from goodwill and other tax deductions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeductionsFromGoodwillAndOtherTaxDeductions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90641">642</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeductionsFromGoodwillAndOtherTaxDeductions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90642">723</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeductionsFromGoodwillAndOtherTaxDeductions" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90643">466</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TaxEffectFromChangeInTaxRate" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90644">28</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TaxEffectFromChangeInTaxRate" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90645">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TaxEffectFromChangeInTaxRate" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90646">2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Withholding taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfWithholdingTaxes" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90647">509</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfWithholdingTaxes" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90648">497</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:TaxEffectOfWithholdingTaxes" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90649">559</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other tax adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90650">49</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90651">62</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90652">105</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90653">2 850</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90654">3 152</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90655">2 234</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effective tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90656">26.1</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90657">31.1</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-90658">25.2</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total income tax expense for 2025 amounted to (<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90659">2 850</ix:nonFraction>)m US dollar compared to (<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90660">3 152</ix:nonFraction>)m US dollar for 2024, and (<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90661">2 234</ix:nonFraction>)m US dollar for 2023. 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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90670">22</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90671">48</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90672">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences, cash flow and net investment hedges</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90673">16</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90674">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90675">41</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax (losses)/gains</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90676">38</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90677">38</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90678">54</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr></table></ix:nonNumeric></ix:continuation> <div style="clear: both; max-height: 0px;"></div><ix:nonNumeric name="ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774916" id="ixv-40438"><div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13. Property, plant and equipment </div></div></div></div><ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-40443"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment comprises owned and leased assets, as follows: </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td/>
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<td/>
<td/>
<td/></tr>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment owned</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90679">21 368</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90680">21 295</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment leased (right-of-use assets)</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentLeasedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90681">2 297</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentLeasedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90682">2 209</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total property, plant and equipment</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90683">23 664</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90684">23 503</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr></table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div><ix:nonNumeric name="ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774525" id="ixv-40562"><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 90%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and<br/> buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Plant and<br/> equipment,<br/> fixtures&#160;and<br/> fittings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Under<br/> construction</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90685">12 325</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90686">38 056</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90687">1 166</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90688">51 547</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2023_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90689">54 522</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90690">808</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90691">2 764</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90692">97</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90693">3 669</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90694">4 424</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90695">32</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90696">878</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90697">1 833</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90698">2 744</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90699">2 989</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90700">16</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90701">258</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90702">2 385</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90703">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90704">2 644</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90705">2 271</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90706">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90707">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90708">27</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90709">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772408">331</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772407">3 452</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772406">2 085</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772404">1 698</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772405">724</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90715">13 229</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90716">42 747</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90717">1 011</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90718">56 987</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90719">51 547</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation and impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90720">5 018</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90721">25 235</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90722">30 252</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2023_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90723">30 430</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90724">317</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90725">1 765</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90726">2 082</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90727">2 367</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90728">385</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90729">2 944</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90730">3 329</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90731">3 518</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90732">243</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90733">2 329</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90734">2 572</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90735">2 121</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90736">4</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90737">15</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90738">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90739">5</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90740">66</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90741">390</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90742">456</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90743">247</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772403">204</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772402">1 886</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772401">2 090</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772201">550</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90748">5 743</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90749">29 876</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90750">35 619</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90751">30 252</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90752">7 307</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90753">12 821</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90754">1 166</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90755">21 295</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90756">21 295</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90757">7 486</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90758">12 871</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90759">1 011</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90760">21 368</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div><div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025 and 2024 there were <ix:nonFraction name="ifrs-full:AssetsToWhichSignificantRestrictionsApply" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt-sec:numwordsen" id="ixv-90761"><ix:nonFraction name="ifrs-full:AssetsToWhichSignificantRestrictionsApply" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt-sec:numwordsen" id="ixv-90762">no</ix:nonFraction></ix:nonFraction> significant restrictions on title on property, plant and equipment. </div></div><div style="text-align: justify; 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top: 0px;display:inline;">&#160;</div></div><ix:continuation id="TextSelection_155774525"> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div><div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories and other movements relates to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Non-current assets held for sale and discontinued operations, </div></div>to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 <div style="font-style: normal; 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<td style="width: 94%;"/>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/></tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Machinery,<br/> &#8195;equipment&#160;and<br/> other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying amount at 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90770">1 505</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2025_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90771">795</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90772">2 298</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation for the year ended 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2025To12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90773">425</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2025To12_31_2025_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90774">318</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90775">742</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31 December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Machinery,<br/> &#8195;equipment&#160;and<br/> other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying amount at 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90776">1 443</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2024_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90777">766</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90778">2 209</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation for the year ended 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2024To12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90779">433</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2024To12_31_2024_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90780">349</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DepreciationRightofuseAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90781">782</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr></table></ix:nonNumeric></ix:continuation><ix:continuation id="TextSelection_155774522"> </ix:continuation> <div style="clear: both; max-height: 0px;"></div><ix:continuation id="TextSelectionAppend_155774916_1" continuedAt="TextSelectionAppend_155774916_2"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Additions to right-of-use assets in the year ended 31&#160;December 2025 were <ix:nonFraction name="ifrs-full:AdditionsToRightofuseAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90783">588</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:AdditionsToRightofuseAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90784">546</ix:nonFraction>m US dollar). </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Following the sale of Dutch and Belgian pub real estate to Cofinimmo in October 2007, AB InBev entered into lease agreements with a term of <ix:nonNumeric name="bud:OperatingLeaseContractMaturityTerm" contextRef="P01_01_2025To12_31_2025" id="ixv-90785">27 years</ix:nonNumeric>. Furthermore, the company leases a number of warehouses, trucks, factory facilities and other commercial buildings, which typically run for a period of <div style="-sec-ix-hidden:hidden155774090;display:inline;">five</div> to <ix:nonNumeric name="bud:OperatingLeaseInitialPeriod" contextRef="P01_01_2025To12_31_2025_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMemberifrsfullPropertyPlantAndEquipmentByOperatingLeaseStatusAxis_TopOfRangeMemberifrsfullRangeAxis" id="ixv-90786">ten years</ix:nonNumeric>. Lease payments are increased annually to reflect market rentals, if applicable. None of the leases include contingent rentals. </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company leases out pub real estate for an average outstanding period of <div style="-sec-ix-hidden:hidden155774482;display:inline;">6</div> to <ix:nonNumeric name="bud:SubleaseExpirationPeriod" contextRef="P01_01_2025To12_31_2025_DutchAndBelgianPubRealEstateMemberBUDArrangementsInvolvingAboutLegalFormOfLeaseAxis_TopOfRangeMemberifrsfullRangeAxis" id="ixv-90787">8 years</ix:nonNumeric> and part of its own property under operating leases. In 2025, <ix:nonFraction name="ifrs-full:IncomeFromSubleasingRightofuseAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90788">128</ix:nonFraction>m US dollar was recognized as income in the income statement in respect of subleasing of right-of-use assets (2024: <ix:nonFraction name="ifrs-full:IncomeFromSubleasingRightofuseAssets" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90789">124</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:IncomeFromSubleasingRightofuseAssets" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90790">120</ix:nonFraction>m US dollar). As of 31&#160;December 2025, the undiscounted lease payments of the non-cancelable lease payments are expected to be received as follows: <ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90791">117</ix:nonFraction>m US dollar in the next 12 months, <ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="PAsOn12_31_2024_LaterThanTwoYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90792">329</ix:nonFraction>m US dollar in the years 2 through 5 and <ix:nonFraction name="ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived" contextRef="PAsOn12_31_2023_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90793">68</ix:nonFraction>m US dollar after 5 years. </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The expense related to short-term and low-value leases and variable lease payments that are not included in the measurement of the lease liabilities is not significant. </div></div></ix:continuation> <ix:nonNumeric name="ifrs-full:DisclosureOfGoodwillExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774550" id="ixv-41942"> <div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14. Goodwill </div></div></div></div><ix:nonNumeric name="ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774549" id="ixv-41947"><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90794">112 637</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2023_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90795">119 302</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90796">7 634</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90797">7 082</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers (to)/from other assets categories&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155771066">164</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155771065">7</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:HyperinflationMonetaryAdjustments" contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90800">169</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:HyperinflationMonetaryAdjustments" contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90801">425</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90802">120 276</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90803">112 637</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90804">2 158</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90805">2 259</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90806">209</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90807">101</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90808">2 368</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90809">2 158</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt;"/>
<td colspan="4" style="height: 1.5pt;"/>
<td colspan="4" style="height: 1.5pt;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90810">117 908</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90811">110 479</ix:nonFraction></div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">United States</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90812">33 330</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_USifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90813">33 387</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of North America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90814">1 959</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90815">1 864</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90816">13 819</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90817">12 250</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Colombia</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_COifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90818">16 277</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_COifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90819">13 821</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Middle Americas</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90820">24 465</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90821">23 205</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Brazil</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90822">3 323</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90823">2 953</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of South America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90824">1 323</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90825">1 345</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Europe</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_EuropeMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90826">2 859</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_EuropeMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90827">2 557</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">South Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90828">9 796</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90829">8 584</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2025_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90830">4 626</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90831">4 547</ix:nonFraction></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">China</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Global Export and Holding Companies</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total carrying amount of goodwill</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Goodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90839">110 479</ix:nonFraction></div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:continuation> <div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">Goodwill, which accounted for approximately <ix:nonFraction name="bud:PercentageOfGoodwillToTotalAssets" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90840">54</ix:nonFraction>% of AB InBev total assets as of 31&#160;December 2025, is tested for impairment at the cash-generating unit level (that is one level below the operating segments). The cash-generating unit level is the lowest level at which goodwill is monitored for internal management purposes. Except in cases where the initial allocation of goodwill has not been concluded by the end of the initial reporting period following the business combination, goodwill is allocated as from the acquisition date to each of AB InBev&#8217;s cash-generating units that are expected to benefit from the synergies of the combination whenever a business combination occurs. </div> <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025 impairment testing </div></div></div></div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">AB InBev completed its annual impairment test for goodwill at cash-generating unit level and concluded that, based on the assumptions described below, no impairment charge was warranted. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">The company cannot predict whether an event that triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. AB InBev believes that all of its estimates are reasonable: they are consistent with the company&#8217;s internal reporting and reflect management&#8217;s best estimates. However, inherent uncertainties exist, that management may not be able to control. If the company&#8217;s current assumptions and estimates, including projected revenues growth rates, competitive and consumer trends, weighted average cost of capital, terminal growth rates, and other market factors, are not met, or if valuation factors outside of the company&#8217;s control change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">The company&#8217;s impairment testing methodology is in accordance with IAS 36 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Impairment of Assets</div></div>, in which fair-value-less-cost-to-sell and value in use approaches are taken into account. This consists in applying a discounted cash flow approach based on acquisition valuation models for the cash-generating units showing an invested capital to Normalized EBITDA multiple above 9x and valuation multiples for the other cash-generating units. The discounted cash flow approach was applied for the Colombia, South Africa, Rest of Asia Pacific and the United States cash-generating units. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;font-weight:bold;text-align:justify">Key assumptions </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The key judgments, estimates and assumptions used in the discounted cash flow calculations were generally as follows: </div> <div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<td style="width:3%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">Cash flows are based on AB InBev&#8217;s 10-year plan as approved by key management. The plan is prepared per cash-generating unit and is based on external sources in respect of macro-economic assumptions, industry, inflation and foreign exchange rates, past experience and identified initiatives in terms of market share, revenue, variable and fixed cost, capital expenditure and working capital assumptions; </div> </td> </tr> </table> <div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<td style="width:3%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width:1%;vertical-align:top">&#160;</td>
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<tr style="page-break-inside:avoid">
<td style="width:3%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width:1%;vertical-align:top">&#160;</td>
<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">Projections are discounted at the unit&#8217;s weighted average cost of capital (WACC), considering sensitivities on this metric; </div> </td> </tr> </table> <div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<tr style="page-break-inside:avoid">
<td style="width:3%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width:1%;vertical-align:top">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2025To12_31_2025_COifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90844">9</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2024To12_31_2024_COifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90845">10</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2025To12_31_2025_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90846">10</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2024To12_31_2024_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90847">11</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2025To12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90848">8</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2024To12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90849">8</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2025To12_31_2025_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90850">7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" contextRef="P01_01_2024To12_31_2024_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-90851">7</ix:nonFraction>%</div></td>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;31&#160;December&#160;2024&#8194;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commercial<br/> intangibles</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Software</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90853">37 040</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90854">2 281</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90855">5 438</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90856">93</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90857">44 852</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2023_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90858">46 080</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90859">1 591</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90860">129</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90861">491</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90862">31</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90863">2 242</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90864">2 065</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90865">13</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90866">13</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-90867">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions and expenditures</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90868">11</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90869">563</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90870">641</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90871">2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90872">1 217</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90873">1 069</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90874">19</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90875">367</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90876">395</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90877">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90878">794</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90879">473</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772924">67</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772918">11</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772928">4</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772927">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772919">83</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772925">240</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90886">38 569</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90887">2 595</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90888">6 179</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90889">104</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90890">47 447</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90891">44 852</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization and impairment losses</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90892">91</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90893">1 362</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90894">3 283</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90895">81</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90896">4 818</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2023_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90897">4 794</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90898">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90899">96</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90900">317</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90901">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90902">432</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90903">470</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90904">250</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90905">701</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90906">23</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90907">974</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90908">845</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90909">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90910">8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90911">3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90912">15</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90913">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90914">7</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90915">367</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90916">393</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90917">12</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90918">779</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90919">471</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772549">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772920">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772921">44</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155772922">34</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2025To12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772926">3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" contextRef="P01_01_2024To12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155772923">103</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90926">91</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90927">1 332</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90928">3 960</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90929">79</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90930">5 462</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-90931">4 818</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying value</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90932">36 948</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90933">919</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90934">2 155</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90935">12</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90936">40 034</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90937">40 034</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90938">38 478</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90939">1 263</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90940">2 219</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90941">25</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90942">41 985</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev is the owner of some of the world&#8217;s most valuable brands in the beer industry. As a result, brands and certain distribution rights are expected to generate positive cash flows for as long as the company owns the brands and distribution rights. 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Based on the impairment testing results, no impairment loss was allocated to intangible assets with indefinite useful lives &#8211; refer to Note 14 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill. </div></div> </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the carrying amount of the intangible assets amounted to <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90943">41 985</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90944">40 034</ix:nonFraction>m US dollar) of which <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithIndefiniteUsefulLifeDomainifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90945">38 478</ix:nonFraction>m US dollar was assigned an indefinite useful life (31 December 2024: <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithIndefiniteUsefulLifeDomainifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90946">36 948</ix:nonFraction>m US dollar) and <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithFiniteUsefulLifeMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90947">3 507</ix:nonFraction>m US dollar a finite life (31 December 2024: <ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithFiniteUsefulLifeMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-90948">3 086</ix:nonFraction>m US dollar). </div></div> <div style="font-size: 20pt; 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top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Non-current assets held for sale and discontinued operations</div></div> and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial reporting in hyperinflationary economies</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div></ix:continuation> </ix:continuation> <ix:continuation id="TextSelectionAppend_155774589_1" continuedAt="TextSelectionAppend_155774589_2"><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">40</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774589_2" continuedAt="TextSelectionAppend_155774589_3"><ix:exclude><div style="margin-top: 1em; 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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash-generating unit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90949">21 866</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90950">21 872</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of North America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90951">39</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90952">37</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexico</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MXifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90953">3 410</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MXifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90954">3 027</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_COifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90955">3 045</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_COifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90956">2 586</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Middle Americas</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90957">3 798</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90958">3 535</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of South America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90959">797</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90960">806</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Europe</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_EuropeMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90961">399</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_EuropeMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90962">370</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90963">2 900</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90964">2 558</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90965">901</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90966">861</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">China</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_CNifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90967">399</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_CNifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90968">383</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Asia Pacific</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90969">923</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90970">913</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total carrying amount of intangible assets with indefinite useful lives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90971">38 478</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90972">36 948</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2025, the company expensed <ix:nonFraction name="ifrs-full:ResearchAndDevelopmentExpense" contextRef="P01_01_2025To12_31_2025_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90973">194</ix:nonFraction>m US dollar in research, compared to <ix:nonFraction name="ifrs-full:ResearchAndDevelopmentExpense" contextRef="P01_01_2024To12_31_2024_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90974">222</ix:nonFraction>m US dollar in 2024, <ix:nonFraction name="ifrs-full:ResearchAndDevelopmentExpense" contextRef="P01_01_2023To12_31_2023_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90975">256</ix:nonFraction>m US dollar in 2023. The spend focused on product innovations, market research, as well as process optimization and product <div style="display:inline;">development</div>.</div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774590" id="ixv-44367"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16. Investments in associates </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-44372"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A reconciliation of the summarized financial information to the carrying amount of the company&#8217;s interests in material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90976">3 125</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90977">214</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2023_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90978">3 482</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2023_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90979">164</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfMovementsInForeignExchange" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90980">375</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EffectOfMovementsInForeignExchange" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90981">211</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EffectOfMovementsInForeignExchange" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90982">303</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EffectOfMovementsInForeignExchange" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90983">128</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends received</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsReceived" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90984">77</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsReceived" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90985">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsReceived" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90986">158</ix:nonFraction>)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DividendsReceived" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90987">10</ix:nonFraction>)</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90988">140</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90989">53</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90990">104</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90991">84</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90992">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-90993">104</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90994">3 563</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90995">60</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90996">3 125</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90997">214</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfFinancialInformationOfAssociatesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774198" id="ixv-44747"><div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized financial information of the company&#8217;s material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8201;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90998">3 793</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-90999">2 820</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91000">3 411</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91001">3 542</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91002">4 983</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91003">6 779</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91004">4 520</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91005">6 361</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91006">2 187</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91007">2 688</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91008">1 997</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91009">2 985</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91010">700</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91011">1 962</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91012">586</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91013">2 066</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91014">699</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91015">2 592</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91016">561</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91017">2 424</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net assets&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetAssetsLiabilities" contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155772512">5 190</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetAssetsLiabilities" contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155772513">2 357</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetAssetsLiabilities" contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155772514">4 788</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetAssetsLiabilities" contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155772515">2 428</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91022">5 637</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91023">5 596</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91024">5 329</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91025">6 421</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91026">724</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91027">476</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91028">654</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91029">1 214</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91030">166</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91031">717</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91032">206</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91033">1 853</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91034">557</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91035">241</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91036">448</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91037">638</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In 2025, the exceptional share of results of associates included <ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91038">9</ix:nonFraction>m US dollar income from our associate Anadolu Efes following the deconsolidation of its Russia business in the first quarter of 2025. In 2024, the exceptional share of results of associates included <ix:nonFraction name="bud:ExceptionalShareOfResultsOfAssociates" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91039">104</ix:nonFraction>m US dollar income from our associate Anadolu Efes&#8217; adoption of IAS 29 hyperinflation accounting on their 2023 results &#8211; see Note 8 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Exceptional items</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In 2025, associates that are not individually material contributed <ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2025_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91040">185</ix:nonFraction>m US dollar to the results of investment in associates (31 December 2024: <ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2024_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91041">141</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="ifrs-full:InvestmentsInAssociates" contextRef="PAsOn12_31_2023_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91042">126</ix:nonFraction>m US dollar). 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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Liabilities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Liabilities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial; width: 86%;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91045">315</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91046">1 844</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91047">1 529</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91048">261</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91049">2 026</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91050">1 766</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91051">186</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91052">9 772</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91053">9 585</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91054">139</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91055">9 296</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_IntangiblesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91056">9 157</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91057">98</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91058">75</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91059">23</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91060">79</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91061">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_InventoryMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91062">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_TradesAndOtherReceivablesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91063">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_TradesAndOtherReceivablesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91064">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_TradesAndOtherReceivablesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91065">24</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_TradesAndOtherReceivablesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91066">24</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91067">942</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91068">346</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91069">596</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91070">868</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91071">406</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_InterestBearingLoansAndBorrowingsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91072">462</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91073">351</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91074">56</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91075">296</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91076">365</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91077">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_EmployeeBenefitsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91078">345</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91079">687</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91080">29</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91081">659</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91082">608</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91083">39</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_ProvisionsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91084">569</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91085">49</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91086">99</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91087">50</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91088">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91089">101</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91090">90</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91091">537</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91092">1 303</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91093">767</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91094">539</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91095">1 352</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_OtherItemsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91096">813</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loss carry forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_LossCarryForwardsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91097">1 658</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_LossCarryForwardsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91098">1 658</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_LossCarryForwardsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91099">1 606</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_LossCarryForwardsMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91100">1 606</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross deferred tax assets/(liabilities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2025_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91101">4 832</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2025_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91102">13 524</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91103">8 692</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="PAsOn12_31_2024_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91104">4 500</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilities" contextRef="PAsOn12_31_2024_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91105">13 327</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024_DeferredIncomeTaxAssetsLiabilitiesMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91106">8 828</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Netting by taxable entity</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetDeferredTaxEntityAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91107">2 124</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:NetDeferredTaxEntityLiability" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91108">2 124</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetDeferredTaxEntityAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91109">2 007</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:NetDeferredTaxEntityLiability" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91110">2 007</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net deferred tax assets/(liabilities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetDeferredTaxAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91111">2 708</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NetDeferredTaxLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91112">11 400</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetDeferredTaxAssetsLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91113">8 692</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetDeferredTaxAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91114">2 493</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NetDeferredTaxLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91115">11 321</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:NetDeferredTaxAssetsLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91116">8 828</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:DisclosureOfDeferredTaxesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-46203"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/>
<td style="vertical-align: middle; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91117">8 828</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91118">8 939</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2022" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91119">9 518</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in profit or loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91120">420</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91121">311</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91122">689</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DeferredTaxesRecognizedInOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91123">37</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DeferredTaxesRecognizedInOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91124">38</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:DeferredTaxesRecognizedInOtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91125">54</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements and effect of changes in foreign exchange rates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91126">247</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91127">161</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91128">56</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91129">8 692</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91130">8 828</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91131">8 939</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Most of the temporary differences are related to the fair value adjustment on intangible assets with indefinite useful lives and property, plant and equipment acquired through business combinations. The realization of the temporary differences on intangible assets acquired through business combinations is unlikely to revert within 12 months as they would be realized upon impairment or disposal of these intangibles which is currently not expected. The net deferred tax liabilities attributable to the US business and mainly related to purchase price accounting amount to <ix:nonFraction name="ifrs-full:NetDeferredTaxLiabilities" contextRef="PAsOn12_31_2025_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91132">5.7</ix:nonFraction> billion US dollar as of 31&#160;December 2025. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, deferred taxes of <ix:nonFraction name="ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" contextRef="PAsOn12_31_2025_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMemberBUDBasisAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91133">11.4</ix:nonFraction> billion US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" contextRef="PAsOn12_31_2024_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMemberBUDBasisAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91134">12.0</ix:nonFraction> billion US dollar) were not recognized on a series of tax attributes. The tax attributes for which no deferred tax asset was recognized amount to <ix:nonFraction name="bud:UnrecognizedTaxBenefitAmount" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91135">46.2</ix:nonFraction> billion US dollar as of 31&#160;December 2025 compared to <ix:nonFraction name="bud:UnrecognizedTaxBenefitAmount" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91136">46.8</ix:nonFraction> billion US dollar as of 31&#160;December 2024 and include tax losses carry forward either confirmed or resulting from tax positions under dispute, capital losses, foreign and withholding tax credits, excess dividend received deduction, excess interest carry forward, amongst others. <ix:nonFraction name="ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" contextRef="PAsOn12_31_2025_NoExpirationPeriodMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91137">43.2</ix:nonFraction> billion US dollar of these tax attributes do not have an expiration date, <ix:nonFraction name="bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" contextRef="P01_01_2025To12_31_2025_ExpirationPeriodOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91138">0.1</ix:nonFraction> billion US dollar expires within <ix:nonNumeric name="bud:DeferredTaxAssetsLossCarryforwardsExpirationPeriod" contextRef="P01_01_2025To12_31_2025_ExpirationPeriodOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" id="ixv-91139">1 year</ix:nonNumeric>, while <ix:nonFraction name="bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" contextRef="P01_01_2025To12_31_2025_ExpirationPeriodMoreThanThreeMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91140">2.7</ix:nonFraction> billion US dollar have an expiration date of more than 3 years. Additionally, we have historical uncertain attributes without expiration date amounting to <ix:nonFraction name="bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" contextRef="P01_01_2025To12_31_2025_NoExpirationPeriodMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91141">16.2</ix:nonFraction> billion US dollar for which no deferred tax asset was recognized (31 December 2024: <ix:nonFraction name="ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91142">16.2</ix:nonFraction> billion US dollar). Deferred tax assets have not been recognized on these items because these are either contingent assets subject to conclusion of tax disputes or it is not probable that future taxable profits will be available against which these tax losses and deductible temporary differences can be utilized and the company has no tax planning strategy currently in place to utilize these tax losses and deductible temporary differences. </div></div> </ix:nonNumeric><ix:nonNumeric name="ifrs-full:DisclosureOfInventoriesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774566" id="ixv-46427"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18. Inventories </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutInventoriesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-46434">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Prepayments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Prepayments" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91143">133</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Prepayments" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91144">79</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Raw materials and consumables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RawMaterialsAndConsumablesUsed" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91145">2 948</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:RawMaterialsAndConsumablesUsed" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91146">2 854</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Work in progress</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WorkInProgress" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91147">479</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WorkInProgress" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91148">508</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Finished goods</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinishedGoods" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91149">1 382</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinishedGoods" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91150">1 407</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Goods purchased for resale</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91151">165</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91152">171</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InventoriesTotal" contextRef="PAsOn12_31_2025_CurrentInventoriesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91153">5 107</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:InventoriesTotal" contextRef="PAsOn12_31_2024_CurrentInventoriesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91154">5 019</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories other than work in progress</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories stated at net realizable value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InventoriesAtNetRealisableValue" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91155">264</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InventoriesAtNetRealisableValue" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91156">259</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">42</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774566" continuedAt="TextSelectionAppend_155774566_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774566_1" continuedAt="TextSelectionAppend_155774566_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774566_2"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cost of inventories recognized as an expense in 2025 amounts to <ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91157">26 141</ix:nonFraction>m US dollar, included in cost of sales (2024: <ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91158">26 744</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91159">27 396</ix:nonFraction>m US dollar). Impairment losses on inventories recognized in 2025 amounted to <ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91160">70</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91161">98</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91162">110</ix:nonFraction>m US dollar). </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-46642"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">19. Trade and other receivables </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-46649">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 96%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash deposits for guarantees</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CashDepositsForGuarantees" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91163">144</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CashDepositsForGuarantees" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91164">133</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:LoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91165">6</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:LoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91166">8</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax receivable, other than income tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91167">100</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91168">105</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian tax credits and interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BrazilianTaxCreditsAndInterestReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91169">1 299</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BrazilianTaxCreditsAndInterestReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91170">1 120</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentTradeReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91171">323</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentTradeReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91172">212</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91173">1 871</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91174">1 577</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91175">4 261</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91176">3 792</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91177">67</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax receivable, other than income tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91179">660</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91180">416</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91181">52</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91182">60</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Prepayments" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91183">568</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Prepayments" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91184">493</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91185">553</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91186">467</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91187">6 161</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91188">5 270</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev&#8217;s tax credits and interest receivables are expected to be collected over a period exceeding 12 months after the reporting date. As of 31&#160;December 2025, the total amount of such credits and interest receivables represented <ix:nonFraction name="bud:BrazilianTaxCreditsAndInterestReceivables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91189">1 299</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="bud:BrazilianTaxCreditsAndInterestReceivables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91190">1 120</ix:nonFraction>m US dollar).</div></div> <ix:nonNumeric name="bud:ScheduleOfTradeAndOtherReceivablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-46962"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> loans to customers can be detailed as follows: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2025</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which not impaired as of the reporting</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">date and past due</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Less&#160;than<br/> 30 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;30<br/> &#8194;and&#160;59&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;60<br/> &#8194;and&#160;89&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;More&#160;than<br/> 90 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91191">4 261</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91192">3 990</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91193">202</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91194">42</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91195">25</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91196">3</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91197">58</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91198">58</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91199">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91200">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91201">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91202">66</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91203">64</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91204">2</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91205">553</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91206">532</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91207">10</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91208">6</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91209">6</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91210">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91211">4 939</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91212">4 644</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91213">212</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91214">50</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91215">30</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91216">3</ix:nonFraction></div></div></div></td>
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<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2024</div></div> </td>
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<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91217">3 792</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91218">3 531</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91219">177</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91220">34</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91221">32</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TradeReceivablesAndAccruedIncome" contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91222">18</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91223">68</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91224">58</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91225">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91226">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentLoansAndAdvancesToCustomers" contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91227">10</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91228">43</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91229">43</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestReceivable" contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91230">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91231">467</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91232">450</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91233">4</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91234">5</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91235">8</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherReceivables" contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91236">-</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91237">4 369</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91238">4 082</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91239">181</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91240">38</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91241">50</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherReceivables" contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91242">18</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The above analysis of the age of financial assets that are past due as of the reporting date but not impaired also includes non-current loans to customers. Past due amounts were not impaired when collection is still considered likely, for instance because the amounts can be recovered from the tax authorities, AB InBev has sufficient collateral, or the customer entered into a payment plan. Impairment losses on trade and other receivables recognized in 2025 amount to <ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="P01_01_2025To12_31_2025_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91243">53</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:ImpairmentLoss" contextRef="P01_01_2024To12_31_2024_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91244">56</ix:nonFraction>m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;">AB InBev&#8217;s exposure to credit, currency and interest rate risks is disclosed in Note 27 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Risks arising from financial instruments</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:nonNumeric> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">43</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-47759"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20. Cash and cash equivalents and investment securities </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Cash and cash equivalents </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-47770">
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<td style="width: 96%;"/>
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<td style="width: 1%; vertical-align: bottom;"/>
<td/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Short-term bank deposits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91245">6 248</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91246">4 964</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and bank accounts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Cash" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91247">5 390</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Cash" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91248">6 210</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91249">11 638</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91250">11 174</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91251">14</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91252">-</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents in the statement of cash flows</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91253">11 623</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91254">11 174</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cash outstanding as of 31&#160;December 2025 includes restricted cash for an amount of <ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91255">106</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:CurrentRestrictedCashAndCashEquivalents" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91256">99</ix:nonFraction>m US dollar). This restricted cash mainly relates to amounts deposited on a blocked account in respect to the state aid investigation into the Belgian excess profit ruling system (<ix:nonFraction name="ifrs-full:BankingArrangementsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91257">80</ix:nonFraction>m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Investment securities </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="bud:SummaryOfInvestmentsInShortTermDebtSecurities" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-47938">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 96%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in unquoted companies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AvailableForSaleInvestments" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91258">134</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AvailableForSaleInvestments" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91259">139</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in debt securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesDebtNonCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91260">27</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesDebtNonCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91261">29</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current investments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesNonCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91262">161</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesNonCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91263">168</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in debt securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesDebtCurent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91264">306</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InvestmentSecuritiesDebtCurent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91265">221</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current investments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91266">306</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91267">221</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, current debt securities of <ix:nonFraction name="bud:InvestmentSecuritiesCurrent" contextRef="PAsOn12_31_2025_DebtSecuritiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91268">306</ix:nonFraction>m US dollar mainly represented investments in government bonds (31&#160;December 2024: <ix:nonFraction name="bud:InvestmentSecuritiesCurrent" contextRef="PAsOn12_31_2024_DebtSecuritiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91269">221</ix:nonFraction>m US dollar). The company&#8217;s investments in such short-term debt securities are primarily to facilitate liquidity and for capital preservation. </div></div> </ix:nonNumeric><ix:nonNumeric name="bud:DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774108" id="ixv-48089"> <div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21. Changes in equity and earnings per share </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">STATEMENT OF CAPITAL </div></div></div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfIssuedCapitalExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-48098"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The tables below summarize the changes in issued capital and treasury shares during the year ended 31&#160;December 2025: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="8" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issued capital</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Issued capital</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Million&#160;shares&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Million&#160;US&#160;dollar&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="PAsOn12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91270">2 019</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91271">1 736</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Changes during the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInNumberOfSharesOutstanding" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91272">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseInCapital" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91273">-</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the current period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="PAsOn12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91274">2 019</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91275">1 736</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ordinary shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="PAsOn12_31_2025_OrdinarySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91276">1 797</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NumberOfRestrictedShares" contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91277">222</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
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<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Treasury shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Result&#160;on&#160;the&#160;use&#160;of</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;shares&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;US&#160;dollar&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Million US dollar</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NumberOfTreasurySharesOutstanding" contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91278">43.8</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91279">3 886</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="PAsOn12_31_2024_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91280">5 406</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Changes during the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseInNumberOfSharesInTreasury" contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91281">24.7</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91282">1 197</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="P01_01_2025To12_31_2025_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91283">910</ix:nonFraction>)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the current period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:NumberOfTreasurySharesOutstanding" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91284">68.5</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91285">5 083</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="PAsOn12_31_2025_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91286">6 316</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the share capital of AB InBev amounts to <div style="font-family: Arial; font-size: 12px; text-align: justify; background-color: rgb(255, 255, 255);display:inline;"><ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_EUR" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91287">1 238 608 344.12</ix:nonFraction></div> euro (<ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91288">1 736</ix:nonFraction> million US dollar). It is represented by <ix:nonFraction name="ifrs-full:NumberOfSharesAuthorised" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91289">2 019 241 973</ix:nonFraction> shares without nominal value, of which <ix:nonFraction name="bud:NumberOfTreasurySharesOwnedByABIAndSubsidiaries" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-dot-decimal" id="ixv-91290">68 489 754</ix:nonFraction> are held in treasury by AB InBev and its subsidiaries. All shares are ordinary shares, except for <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NumberOfRestrictedShares" contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91291">222 041 979</ix:nonFraction></div></div> restricted shares. 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In respect of the company&#8217;s shares that are held by AB InBev and its subsidiaries, the economic and voting rights are suspended. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The restricted shares are unlisted, not admitted to trading on any stock exchange, and are subject to, among other things, restrictions on transfer until converted into new ordinary shares. As&#160;from 11&#160;October 2021 (fifth anniversary of completion of the SAB <div style="display:inline;">combination</div>), the restricted shares are convertible at the election of the holder into new ordinary shares on a one-for-one basis and they rank equally with the ordinary shares with respect to dividends and voting rights. By 31&#160;December 2025, from the <ix:nonFraction name="bud:NumberOfRestrictedSharesIssued" contextRef="P01_01_2025To12_31_2025_SabCombinationMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_shares" decimals="INF" scale="6" format="ixt:num-comma-decimal" id="ixv-91293">326</ix:nonFraction>&#160;million restricted shares issued at the time of the SAB combination, <ix:nonFraction name="bud:NumberOfRestrictedSharesConvertedIntoOrdinaryShares" contextRef="P01_01_2025To12_31_2025_SabCombinationMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91294">104</ix:nonFraction>&#160;million restricted shares were converted into new ordinary shares. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The shareholders&#8217; structure is based on the notifications made to the company pursuant to the Belgian Law of 2&#160;May 2007, which governs the disclosure of significant shareholdings in listed companies. It is included in the <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Corporate Governance</div></div> section of AB InBev&#8217;s annual report. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CHANGES IN OWNERSHIP INTERESTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;">In accordance with IFRS 10 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Consolidated Financial Statements</div></div>, the acquisition or disposal of additional shares in a subsidiary is accounted for as an equity transaction with owners. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In the year ended 31&#160;December 2025, Ambev performed a share buyback for an amount of <ix:nonFraction name="bud:StocksRepurchasedDuringPeriodValue" contextRef="P01_01_2025To12_31_2025_AmbevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91295">323</ix:nonFraction>m US dollar. The purchases did not impact AB InBev&#8217;s profit. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ACQUISITIONS AND DISPOSALS OF OWN SHARES (REPORT ACCORDING TO ARTICLE 7:220 OF THE BELGIAN COMPANIES CODE OF COMPANIES AND ASSOCIATIONS) AND BORROWINGS OF OWN SHARES&#8211; PURCHASE OF OWN SHARES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, the company has acquired treasury shares in accordance with article 7:215 of the Belgian Code of Companies and Associations (former article 620 of the Belgian Companies Code) and has proceeded with the following disposals of its own shares. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Treasury shares </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Using the powers granted at the shareholders meeting of 28&#160;April 2021, the Board of Directors approved a share buyback program for an amount of <ix:nonFraction name="srt:StockRepurchaseProgramAuthorizedAmount1" contextRef="PAsOn04_28_2021_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_USD" decimals="-9" scale="9" format="ixt:num-comma-decimal" id="ixv-91296">2</ix:nonFraction> billion US dollar in 2024. As of 31&#160;December 2025, AB InBev bought back <ix:nonFraction name="bud:StockRepurchasedDuringPeriodShare" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91297">34 615 419</ix:nonFraction> shares for a total amount of <ix:nonFraction name="bud:StockRepurchasedDuringPeriodValues" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_USD" decimals="-9" scale="9" format="ixt:num-comma-decimal" id="ixv-91298">2</ix:nonFraction> billion US dollar, corresponding to <ix:nonFraction name="bud:PercentageOfSharesRepurchased" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-91299">1.71</ix:nonFraction>% of the total shares outstanding. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 29&#160;October 2025, the Board of Directors approved a new share buyback program for an additional amount of <ix:nonFraction name="srt:StockRepurchaseProgramAuthorizedAmount1" contextRef="PAsOn10_29_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_USD" decimals="-9" scale="9" format="ixt:num-comma-decimal" id="ixv-91300">6</ix:nonFraction> billion US dollar. As of 31&#160;December 2025, AB InBev bought back <ix:nonFraction name="bud:StockRepurchasedDuringPeriodShare" contextRef="PAsOn10_29_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91301">6 421 554</ix:nonFraction> shares for a total amount of <ix:nonFraction name="bud:StockRepurchasedDuringPeriodValues" contextRef="PAsOn10_29_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91302">400</ix:nonFraction>m US dollar corresponding to <ix:nonFraction name="bud:PercentageOfSharesRepurchased" contextRef="PAsOn10_29_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-91303">0.32</ix:nonFraction>% of the total shares outstanding. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the group owned <ix:nonFraction name="bud:NumberOfTreasurySharesOwnedByABIAndSubsidiaries" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91304">68 489 754</ix:nonFraction> own shares of which <ix:nonFraction name="bud:NumberOfTreasurySharesOwnedByABI" contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="0" scale="0" format="ixt:num-comma-decimal" id="ixv-91305">67 851 393</ix:nonFraction> were held directly by AB InBev. The par value of the share is <ix:nonFraction name="ifrs-full:ParValuePerShare" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_EUR_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91306">0.61</ix:nonFraction> euro. The treasury shares that the company still owned at the end of 31&#160;December 2025 represented <ix:nonFraction name="bud:TreasurySharesOwnedByCompany" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91307">51 266 673</ix:nonFraction> US dollar (<ix:nonFraction name="bud:TreasurySharesOwnedByCompany" contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_EUR" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91308">41 778 750</ix:nonFraction> euro) of the subscribed capital. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Borrowed shares </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In order to fulfill AB InBev&#8217;s commitments under various outstanding share-based compensation plans, during the course of 2025, the company had stock lending arrangements in place for up to <ix:nonFraction name="bud:NumberOfBorrowedSharesOutstanding" contextRef="P01_01_2025To12_31_2025_StockLendingArrangementsMemberBUDArrangementTypeAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91309">26.7</ix:nonFraction>&#160;million shares, which were used to fulfill share-based compensation plan commitments. The company shall pay any dividend equivalent after tax in respect of such borrowed shares. 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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91327">38 670</ix:nonFraction>)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91329">1 020</ix:nonFraction>)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2025To12_31_2025_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91331">6 594</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91332">6 594</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2025To12_31_2025_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91333">100</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91334">100</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91335">66</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91336">66</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91337">6 594</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91338">100</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91339">66</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91340">6 560</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91341">32 076</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91342">390</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91343">954</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91344">32 641</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The gain in translation reserves is primarily related to the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro which resulted in a net foreign exchange translation adjustment of 6 594m US dollar as of 31&#160;December 2025 (increase of equity). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91345">30 180</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91346">181</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91347">1 155</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91348">31 155</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2024To12_31_2024_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91349">8 490</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91350">8 490</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2024To12_31_2024_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91351">309</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91352">309</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91353">135</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91354">135</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91355">8 490</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91356">309</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91357">135</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91358">8 046</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91359">38 670</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91361">1 020</ix:nonFraction>)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<tr style="font-size: 1pt;">
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2022_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91363">34 677</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2022_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91364">145</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2022_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91365">1 021</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2022_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91366">35 553</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2023To12_31_2023_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91367">4 497</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91368">4 497</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2023To12_31_2023_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91369">36</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91370">36</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91371">134</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91372">134</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91373">4 497</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91374">36</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91375">134</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91376">4 398</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_TranslationReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91377">30 180</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_HedgingReserveMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91378">181</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91379">1 155</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:AccumulatedOtherComprehensiveIncome" contextRef="PAsOn12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91380">31 155</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">EARNINGS PER SHARE </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-49668"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of basic earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of <ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91381">6 837</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91382">5 855</ix:nonFraction>m US dollar, 31&#160;December 2023: <ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91383">5 341</ix:nonFraction>m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including stock lending) per end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91384">1 975</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91385">1 984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91386">1 984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of stock lending</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfBasicStockLending" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91387">27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfBasicStockLending" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91388">29</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfBasicStockLending" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91389">30</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of delivery of treasury shares and share buyback programs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91390">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91391">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91392">2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2025To12_31_2025_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91393">1 984</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2024To12_31_2024_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91394">2 003</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2023To12_31_2023_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91395">2 016</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of diluted earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of <ix:nonFraction name="bud:DilutedAdjustedEarnings" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91396">6 837</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="bud:DilutedAdjustedEarnings" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91397">5 855</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="bud:DilutedAdjustedEarnings" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91398">5 341</ix:nonFraction>m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including stock lending) at the end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91399">1 984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91400">2 003</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91401">2 016</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of share options, PSUs and restricted stock units</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91402">34</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91403">41</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91404">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" contextRef="P01_01_2025To12_31_2025_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91405">2 018</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" contextRef="P01_01_2024To12_31_2024_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91406">2 044</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" contextRef="P01_01_2023To12_31_2023_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91407">2 054</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of the Underlying EPS is based on the profit before exceptional items and hyperinflation impacts attributable to equity holders of AB InBev. A reconciliation of the profit attributable to equity holders of AB InBev to the profit before exceptional items, attributable to equity holders of AB InBev and underlying profit is calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91408">6 837</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91409">5 855</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91410">5 341</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact of exceptional items on profit (refer to Note 8)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NetImpactOfExceptionalItemsOnProfit" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91411">499</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NetImpactOfExceptionalItemsOnProfit" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91412">1 062</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NetImpactOfExceptionalItemsOnProfit" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91413">614</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before exceptional items, attributable to equity holders of AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91414">7 336</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91415">6 917</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91416">5 955</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation impacts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectsOnHyperinflationaryEconomies" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91417">74</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectsOnHyperinflationaryEconomies" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91418">145</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EffectsOnHyperinflationaryEconomies" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91419">203</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91420">7 410</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91421">7 061</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91422">6 158</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:EarningsPerShareExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-50274"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below sets out the EPS calculation: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="vertical-align: bottom;"/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91423">6 837</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91424">5 855</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91425">5 341</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91426">1 984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91427">2 003</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91428">2 016</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Basic EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91429">3.45</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91430">2.92</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:BasicEarningsLossPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91431">2.65</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91432">6 837</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91433">5 855</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91434">5 341</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91435">2 018</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91436">2 044</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91437">2 054</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Diluted EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91438">3.39</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91439">2.86</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DilutedEarningsLossPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91440">2.60</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91441">7 410</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91442">7 061</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91443">6 158</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91444">1 984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91445">2 003</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91446">2 016</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:UnderlyingEarningsPerShare" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91447">3.73</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:UnderlyingEarningsPerShare" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91448">3.53</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:UnderlyingEarningsPerShare" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91449">3.05</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">47</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774108_9" continuedAt="TextSelectionAppend_155774108_10"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774108_10" continuedAt="TextSelectionAppend_155774108_11"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774108_11"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The average market value of the company&#8217;s shares for purposes of calculating the dilutive effect of share options and restricted stock units was based on quoted market prices for the period that the options and restricted stock units were outstanding. For the calculation of Diluted EPS, <ix:nonFraction name="bud:NumberOfAntidilutiveShareOptionsOutstanding" contextRef="PAsOn12_31_2025" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91450">22</ix:nonFraction>m share options were anti-dilutive and not included in the calculation of the dilutive effect per 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="bud:NumberOfAntidilutiveShareOptionsOutstanding" contextRef="PAsOn12_31_2024" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91451">40</ix:nonFraction>m share options; 31&#160;December 2023: <ix:nonFraction name="bud:NumberOfAntidilutiveShareOptionsOutstanding" contextRef="PAsOn12_31_2023" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91452">46</ix:nonFraction>m share options). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:continuation> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">48</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="ifrs-full:DisclosureOfBorrowingsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774535" id="ixv-50671"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">22. Interest-bearing loans and borrowings </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-50678">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 96%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="vertical-align: bottom;"/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPortionOfNoncurrentBondsIssued" contextRef="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91453">70 199</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPortionOfNoncurrentBondsIssued" contextRef="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91454">68 857</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91455">1 776</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLeaseLiabilities" contextRef="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91456">1 748</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnsecuredOtherLoansNoncurrent" contextRef="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91457">139</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnsecuredOtherLoansNoncurrent" contextRef="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91458">100</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" contextRef="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91459">15</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" contextRef="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91460">16</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91461">72 128</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91462">70 720</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91463">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" contextRef="PAsOn12_31_2024_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91464">627</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91465">621</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLeaseLiabilities" contextRef="PAsOn12_31_2024_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91466">556</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91467">178</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" contextRef="PAsOn12_31_2024_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91468">94</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnsecuredOtherLoansCurrent" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91469">82</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnsecuredOtherLoansCurrent" contextRef="PAsOn12_31_2024_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91470">169</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91471">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" contextRef="PAsOn12_31_2024_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91472">3</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="PAsOn12_31_2025_CurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91473">885</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91475">73 013</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91476">72 169</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">As of 31&#160;December 2025 , current and non-current interest-bearing loans and borrowings totaled <ix:nonFraction name="ifrs-full:Borrowings" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91477">73.0</ix:nonFraction> billion US dollar, compared to <ix:nonFraction name="ifrs-full:Borrowings" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91478">72.2</ix:nonFraction> billion USD as of 31&#160;December 2024. Further details on the company&#8217;s exposure to interest rate and foreign currency risk are provided in <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Note 27 Risks arising from financial instruments.</div></div> </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the company had <ix:nonFraction name="ifrs-full:CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-9" scale="9" format="ixt-sec:numwordsen" id="ixv-91479">no</ix:nonFraction> outstanding balance under its commercial paper programs (31 December 2024: <ix:nonFraction name="ifrs-full:CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-9" scale="9" format="ixt:fixed-zero" id="ixv-91480">nil</ix:nonFraction>). The programs authorize issuances of up to USD <ix:nonFraction name="bud:CommercialPapersAuthorized" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91481">5.0</ix:nonFraction> billion and EUR <ix:nonFraction name="bud:CommercialPapersAuthorized" contextRef="PAsOn12_31_2025" unitRef="Unit_EUR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91482">3.0</ix:nonFraction> billion, respectively. </div></div> </ix:nonNumeric><ix:nonNumeric name="bud:DisclosureOfDetailOfBondsIssuedExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-50953"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">In May 2025, Anheuser-Busch InBev NV/SA (&#8220;ABISA&#8221;) completed the issuance of the following series of bonds: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Maturity&#160;date</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate<br/> principal&#160;amount</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Coupon&#160;rate</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:BorrowingsIssuedDate" contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis" id="ixv-91483">19&#160;May 2025</ix:nonNumeric></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:Budnameofissuer" contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis" id="ixv-91484">ABISA</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:BorrowingsMaturity" contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis" id="ixv-91485">19&#160;May 2033</ix:nonNumeric></div></td>
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<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:BorrowingsOriginalCurrency" contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis" id="ixv-91486">EUR</ix:nonNumeric></div></td>
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<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91487">1 250</ix:nonFraction></div></td>
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<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal<br/> amount<br/> repurchased</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in&#160;million)</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Principal<br/> amount not<br/> repurchased<br/> (in&#160;million)</div></div></div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingPrincipalAmountNotRepurchased" contextRef="PAsOn05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91508">2 929</ix:nonFraction></div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budborrowingsprincipalamount" contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91513">9 160</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingsPrincipalAmountRepurchased" contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91514">330</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingPrincipalAmountNotRepurchased" contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91515">8 830</ix:nonFraction></div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfNotesRepurchased" contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixOneMemberifrsfullMaturityAxis" unitRef="Unit_pure" decimals="5" scale="-2" format="ixt:num-dot-decimal" id="ixv-91518">4.900</ix:nonFraction>% <ix:nonNumeric name="bud:NotesRepurchasedMaturityPeriod" contextRef="P05_30_2025To05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixOneMemberifrsfullMaturityAxis" id="ixv-91519">Notes due 2046</ix:nonNumeric></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="ifrs-full:BorrowingsOriginalCurrency" contextRef="P05_30_2025To05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixOneMemberifrsfullMaturityAxis" id="ixv-51317"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budborrowingsprincipalamount" contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixOneMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91520">1 457</ix:nonFraction></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Title of series of notes<br/> redeemed</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Original&#160;principal<br/> amount<br/> outstanding</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal&#160;amount<br/> redeemed</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:Buddateofredemption" contextRef="P05_30_2025To05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" format="ixt:date-day-monthname-year-en" id="ixv-91525">30 May 2025</ix:nonNumeric></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="bud:Budnameofissuer" contextRef="P05_30_2025To05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" id="ixv-51428"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfNotesRepurchased" contextRef="PAsOn05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" unitRef="Unit_pure" decimals="5" scale="-2" format="ixt:num-dot-decimal" id="ixv-91526">4.000</ix:nonFraction>%&#160;<ix:nonNumeric name="bud:NotesRepurchasedMaturityPeriod" contextRef="P05_30_2025To05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" id="ixv-91527">Notes&#160;due&#160;2028</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="ifrs-full:BorrowingsOriginalCurrency" contextRef="P05_30_2025To05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" id="ixv-51441"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budborrowingsprincipalamount" contextRef="PAsOn05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91528">1 632</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingsPrincipalAmountRepurchased" contextRef="PAsOn05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91529">1 632</ix:nonFraction></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:Buddateofredemption" contextRef="P11_18_2025To11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" format="ixt:date-day-monthname-year-en" id="ixv-91530">18 November 2025</ix:nonNumeric></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="bud:Budnameofissuer" contextRef="P11_18_2025To11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-51461"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfNotesRepurchased" contextRef="PAsOn11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_pure" decimals="5" scale="-2" format="ixt:num-dot-decimal" id="ixv-91531">2.700</ix:nonFraction>% <ix:nonNumeric name="bud:NotesRepurchasedMaturityPeriod" contextRef="P11_18_2025To11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-91532">Notes due 2026</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="ifrs-full:BorrowingsOriginalCurrency" contextRef="P11_18_2025To11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-51474"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budborrowingsprincipalamount" contextRef="PAsOn11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91533">615</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingsPrincipalAmountRepurchased" contextRef="PAsOn11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91534">615</ix:nonFraction></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:Buddateofredemption" contextRef="P12_29_2025To12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" format="ixt:date-day-monthname-year-en" id="ixv-91535">29 December 2025</ix:nonNumeric></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="bud:Budnameofissuer" contextRef="P12_29_2025To12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-51494"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW&#160;and&#160;ABC</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfNotesRepurchased" contextRef="PAsOn12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_pure" decimals="5" scale="-2" format="ixt:num-dot-decimal" id="ixv-91536">3.650</ix:nonFraction>% <ix:nonNumeric name="bud:NotesRepurchasedMaturityPeriod" contextRef="P12_29_2025To12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-91537">Notes due 2026</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><ix:nonNumeric name="ifrs-full:BorrowingsOriginalCurrency" contextRef="P12_29_2025To12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" id="ixv-51507"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></ix:nonNumeric></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:Budborrowingsprincipalamount" contextRef="PAsOn12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91538">1 307</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:BorrowingsPrincipalAmountRepurchased" contextRef="PAsOn12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91539">1 307</ix:nonFraction></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">49</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774535" continuedAt="TextSelectionAppend_155774535_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774535_1" continuedAt="TextSelectionAppend_155774535_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774535_2"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net debt </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-51541"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt is defined as non-current and current interest-bearing loans and borrowings and bank overdrafts minus debt securities and cash and cash equivalents. Net debt is a financial performance indicator that is used by AB InBev&#8217;s management to highlight changes in the company&#8217;s overall liquidity position. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentPortionOfLongTermBorrowings" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91540">72 128</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentPortionOfLongTermBorrowings" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91541">70 720</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShorttermBorrowings" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91542">885</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShorttermBorrowings" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91543">1 449</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91544">73 013</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Borrowings" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91545">72 169</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91546">14</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91547">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91548">11 638</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91549">11 174</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest bearing loans granted and other deposits (included within Trade and other receivables)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestBearingLoansGrantedAndOtherDeposits" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91550">116</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestBearingLoansGrantedAndOtherDeposits" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91551">99</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Debt securities (included within Investment securities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DebtSecurities" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91552">333</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DebtSecurities" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91553">251</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetDebt" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91554">60 941</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NetDebt" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91555">60 645</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; width: 1%;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s net debt increased to <ix:nonFraction name="bud:NetIncreasedDecreasedDebt" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91556">60.9</ix:nonFraction> billion US dollar as of 31&#160;December 2025, from <ix:nonFraction name="bud:NetIncreasedDecreasedDebt" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91557">60.6</ix:nonFraction> billion US dollar as of 31&#160;December 2024. In addition to operating results net of capital expenditures, the change in net debt primarily reflects the payment of interest and tax (<ix:nonFraction name="bud:PaymentOfInterestsAndTaxes" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91558">5.9</ix:nonFraction> billion US dollar), share buybacks by AB InBev and Ambev (<ix:nonFraction name="ifrs-full:PurchaseOfTreasuryShares" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91559">2.6</ix:nonFraction> billion US dollar), dividend payments to shareholders of AB InBev, Ambev and minorities (<ix:nonFraction name="ifrs-full:DividendPayables" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91560">4.5</ix:nonFraction> billion US dollar), and a foreign exchange impact on net debt (<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91561">2.8</ix:nonFraction> billion US dollar increase of net debt). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Reconciliation of liabilities arising from financing activities </div></div></div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-51737"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below details the changes in the company&#8217;s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the company&#8217;s consolidated cash flow statement from financing activities. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Long-term&#160;debt,&#160;net&#160;of</div><br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Short-term&#160;debt&#160;and</div><br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91562">70 720</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91563">1 449</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91564">3 665</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91565">735</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91566">3 442</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2025To12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91567">3 419</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2025To12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91568">382</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2025To12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91569">499</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91570">68</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91571">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2025To12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91572">3 271</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2025To12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91573">63</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91574">2 535</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91575">2 535</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2025To12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91576">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2025To12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91577">20</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91578">72 128</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91579">885</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term&#160;debt,&#160;net&#160;of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91580">74 163</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91581">3 987</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91582">5 337</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91583">128</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91584">6 036</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2024To12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91585">3 259</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2024To12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91586">416</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2024To12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91587">698</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91588">63</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91589">1</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2024To12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91590">1 583</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2024To12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91591">165</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91592">1 302</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91593">1 302</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2024To12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91594">338</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2024To12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91595">152</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91596">70 720</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91597">1 449</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/>
<td style="vertical-align: bottom; font-family: Arial;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term debt, net of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> current portion of long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2022_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91598">78 880</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2022_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91599">1 029</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91600">59</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91601">143</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91602">3 004</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="P01_01_2023To12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91603">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2023To12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91604">686</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CapitalizationPaymentOfLeaseLiabilities" contextRef="P01_01_2023To12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91605">458</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91606">61</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91607">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2023To12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91608">909</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains" contextRef="P01_01_2023To12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91609">83</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91610">3 113</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" contextRef="PAsOn12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91611">3 113</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2023To12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91612">316</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" contextRef="P01_01_2023To12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91613">171</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2023_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91614">74 163</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilitiesArisingFromFinancingActivities" contextRef="PAsOn12_31_2023_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91615">3 987</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric></ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">50</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="ifrs-full:DisclosureOfEmployeeBenefitsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774519" id="ixv-52403"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23. Pensions and similar obligations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB&#160;InBev sponsors various post-employment benefit plans worldwide, which include both defined contribution plans, defined benefit plans, and other post-employment benefits. In accordance with IAS 19 Employee Benefits post-employment benefit plans are classified as either defined contribution plans or defined benefit plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">DEFINED CONTRIBUTION PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 11pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For defined contribution plans, AB InBev pays contributions to publicly or privately administered pension funds or insurance contracts. Once the contributions have been paid, the group has no further payment obligation. The regular contributions constitute an expense for the year in which they are due. For 2025, contributions paid into defined contribution plans for the company amounted to <ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91616">178</ix:nonFraction>m US dollar compared to <ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91617">183</ix:nonFraction>m US dollar for 2024 and <ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91618">166</ix:nonFraction>m US dollar for 2023. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">DEFINED BENEFIT PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, the company contributed to <ix:nonFraction name="bud:NumberOfPostemploymentBenefitDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_pure" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-91619">82</ix:nonFraction> defined benefit plans, of which <ix:nonFraction name="bud:NumberOfPostemploymentBenefitDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_RetirementOrLeavingServicePlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_pure" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-91620">64</ix:nonFraction> are retirement or leaving service plans, <ix:nonFraction name="bud:NumberOfPostemploymentBenefitDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_MedicalCostPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_pure" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-91621">14</ix:nonFraction> are medical cost plans and <ix:nonFraction name="bud:NumberOfPostemploymentBenefitDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_OtherLongTermEmployeeBenefitPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_pure" decimals="INF" scale="0" format="ixt:num-comma-decimal" id="ixv-91622">4</ix:nonFraction> other long-term employee benefit plans. Most plans provide retirement and leaving service benefits related to pay and years of service. In many of the countries the plans are partially funded. When plans are funded, the assets are held in legally separate funds set up in accordance with applicable legal requirements and common practice in each country. The medical cost plans in Brazil, Canada, Colombia, South Africa and US provide medical benefits to employees and their families after retirement. Many of the defined benefit plans are closed to new entrants. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The present value of funded obligations includes a <ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis_MedicalCostPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91623">105</ix:nonFraction>m US dollar liability related to two medical plans in Brazil, for which the benefits are provided through the Funda&#231;&#227;o Antonio Helena Zerrenner (&#8220;FAHZ&#8221;). The FAHZ is a legally distinct entity which provides medical, dental, educational and social assistance to current and retired employees of Ambev. As at 31&#160;December 2025, the actuarial liabilities related to the benefits provided by the FAHZ are fully offset by an equivalent amount of assets existing in the fund. The net liability recognized in the statement of financial position is nil. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The employee benefit net liability amounts to <ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91624">1 125</ix:nonFraction>m US dollar as of 31&#160;December 2025 compared to <ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91625">1 254</ix:nonFraction>m US dollar as of 31&#160;December 2024. In 2025, the fair value of the plan assets increased by <ix:nonFraction name="bud:IncreaseDecreaseInFairValueOfPlanAssets" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91626">304</ix:nonFraction>m US dollar and the defined benefit obligations increased by <ix:nonFraction name="bud:IncreaseDecreaseInDefinedBenefitObligations" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91627">139</ix:nonFraction>m US dollar. </div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-52426"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company&#8217;s net liability for post-employment and long-term employee benefit plans comprises the following:</div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of funded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91628">4 209</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91629">4 090</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Fair value of plan assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PlanAssetsAtFairValue" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91630">3 851</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PlanAssetsAtFairValue" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91631">3 547</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations for funded plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:SurplusDeficitInFundedPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91632">358</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:SurplusDeficitInFundedPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91633">543</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of unfunded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SurplusDeficitInUnfundedPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91634">562</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SurplusDeficitInUnfundedPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91635">542</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:SurplusDeficitInPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91636">920</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:SurplusDeficitInPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91637">1 085</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Unrecognized asset</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91638">95</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91639">63</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DefinedBenefitObligationExcludingIrrecoverableSurplus" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91640">1 015</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DefinedBenefitObligationExcludingIrrecoverableSurplus" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91641">1 148</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other long term employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherLongtermProvisions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91642">110</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherLongtermProvisions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91643">106</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91644">1 125</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91645">1 254</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Employee benefits amounts in the statement of financial position:</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91646">1 275</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91647">1 296</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91648">150</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91649">42</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91650">1 125</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91651">1 254</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">51</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774519" continuedAt="TextSelectionAppend_155774519_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774519_1" continuedAt="TextSelectionAppend_155774519_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:continuation id="TextSelectionAppend_155774519_2" continuedAt="TextSelectionAppend_155774519_3"><ix:nonNumeric name="ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774524" id="ixv-52800"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the present value of the defined benefit obligations are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="vertical-align: bottom;"/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91652">4 632</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91653">5 403</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2022_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91654">5 191</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91655">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91656">51</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91657">50</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91658">275</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91659">282</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91660">302</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service gain/(cost)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PastServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91661">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PastServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91662">3</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PastServiceCostNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91663">4</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91664">16</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91665">133</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91666">99</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91667">389</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91668">432</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91669">469</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contribution by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91670">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91671">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91672">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; demographic assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91673">42</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91674">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91675">17</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; financial assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91676">35</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91677">267</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91678">220</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Experience adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91679">40</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91680">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91681">44</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91682">271</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91683">288</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91684">182</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91685">15</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91686">-</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91687">-</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2025_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91688">4 771</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91689">4 632</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2023_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91690">5 403</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of the last valuation date, the present value of the defined benefit obligation was comprised of approximately <ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2025_ActiveEmployeesMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91691">1.0</ix:nonFraction> billion US dollar relating to active employees, <ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2025_DeferredMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91692">0.8</ix:nonFraction> billion US dollar relating to deferred members and <ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="PAsOn12_31_2025_MembersInRetirementMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-91693">3.0</ix:nonFraction> billion US dollar relating to members in retirement. </div></div> <ix:continuation id="TextSelection_155774524"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the fair value of plan assets are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91694">3 547</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91695">3 882</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2022_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91696">3 807</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91697">208</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91698">199</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestExpenseIncomeDefinedBenefitPlans" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91699">217</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdministrativeCostDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91700">16</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdministrativeCostDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91701">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdministrativeCostDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91702">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Return on plan assets exceeding interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91703">63</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91704">26</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91705">94</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91706">274</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91707">267</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91708">218</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91709">2</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91710">2</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91711">2</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid net of administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91712">389</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91713">432</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91714">469</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Assets distributed on settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91715">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91716">130</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91717">97</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91718">201</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91719">200</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91720">127</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91721">22</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91722">-</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2023To12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91723">-</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2025_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91724">3 851</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2024_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91725">3 547</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="PAsOn12_31_2023_PlanAssetsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91726">3 882</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Actual return on plans assets amounted to a gain of <ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91727">271</ix:nonFraction>m US dollar in 2025 compared to a gain of <ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91728">173</ix:nonFraction>m US dollar in 2024. </div></div> <ix:nonNumeric name="bud:DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-53549"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the unrecognized asset are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
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<td style="vertical-align: bottom;"/>
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<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91729">63</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91730">38</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2022" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91731">43</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplusInterestExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91732">7</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplusInterestExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91733">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplusInterestExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91734">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Changes excluding amounts included in interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplusChange" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91735">25</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplusChange" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91736">21</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:IrrecoverableSurplusChange" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91737">9</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91738">95</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91739">63</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:IrrecoverableSurplus" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91740">38</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-53732"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The expense recognized in the income statement with regards to defined benefit plans can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseCurrentServiceCost" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91741">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseCurrentServiceCost" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91742">51</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseCurrentServiceCost" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91743">50</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91744">16</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91745">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91746">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service cost due to plan amendments, curtailments or settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpensePastServiceCosts" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91747">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EmployeeBenefitsExpensePastServiceCosts" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91748">6</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:EmployeeBenefitsExpensePastServiceCosts" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91749">6</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Losses)/gains due to experience and demographic assumption changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossOnDueToExperienceAndDemographicAssumptionChanges" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91750">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossOnDueToExperienceAndDemographicAssumptionChanges" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91751">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossOnDueToExperienceAndDemographicAssumptionChanges" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91752">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseProfitLossFromOperations" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91753">65</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseProfitLossFromOperations" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91754">63</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseProfitLossFromOperations" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-91755">61</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseNetFinanceCost" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91756">74</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseNetFinanceCost" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91757">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EmployeeBenefitsExpenseNetFinanceCost" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91758">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91759">139</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91760">151</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91761">150</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-53989"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The employee benefit expense is included in the following line items of the income statement: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="vertical-align: bottom;"/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91762">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91763">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91764">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91765">8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91766">10</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_DistributionExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91767">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91768">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91769">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91770">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91771">23</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91772">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_AdministrativeExpensesMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91773">21</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025_NetFinanceCostMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91774">74</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024_NetFinanceCostMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91775">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023_NetFinanceCostMemberBUDExpenseCategoriesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91776">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91777">139</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91778">151</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:EmployeeBenefitsExpense" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-91779">150</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">52</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774519_3" continuedAt="TextSelectionAppend_155774519_4"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774519_4" continuedAt="TextSelectionAppend_155774519_5"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:continuation id="TextSelectionAppend_155774519_5" continuedAt="TextSelectionAppend_155774519_6"><ix:nonNumeric name="bud:DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-54220"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average assumptions used in computing the benefit obligations of the company&#8217;s significant plans at the reporting date are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91780">5.5</ix:nonFraction></div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91781">4.7</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91782">9.3</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91783">11.0</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91784">5.5</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91785">6.0</ix:nonFraction>%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91786">2.0</ix:nonFraction></div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91787">2.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91788">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91789">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91790">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91791">2.5</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91792">1.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91793">4.3</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91794">4.1</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91795">3.7</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91796">2.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91797">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91798">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91799">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91800">2.6</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91801">6.3</ix:nonFraction></div>%-<div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91802">4.5</ix:nonFraction></div>%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91803">4.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91804">7.1</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91805">6.3</ix:nonFraction>%-<ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91806">6</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis_USifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91807">86</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_CAifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91808">87</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis_MXifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91809">85</ix:nonNumeric></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_BRifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91810">85</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_GBifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91811">85</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91812">86</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_USifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91813">87</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_CAifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91814">89</ix:nonNumeric></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_MXifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91815">88</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_BRifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91816">88</ix:nonNumeric></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_GBifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91817">87</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2025To12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91818">88</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td> </tr>
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<td style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"/> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91819">5.7</ix:nonFraction></div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91820">4.6</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91821">10.8</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91822">11.0</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91823">5.6</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91824">6.0</ix:nonFraction>%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91825">2.0</ix:nonFraction></div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91826">2.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91827">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91828">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91829">3.2</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91830">2.5</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2024_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91831">1.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91832">4.3</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91833">6.7</ix:nonFraction>%-<ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2024_BottomOfRangeMemberifrsfullRangeAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91834">3.9</ix:nonFraction>%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91835">3.6</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2024_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91836">2.0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91837">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91838">3.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2024_GBifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91839">3.1</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91840">2.8</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_TopOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91841">6.5</ix:nonFraction>%-<ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_BottomOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91842">4.5</ix:nonFraction>%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_CAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91843">4.5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91844">7.1</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91845">6.3</ix:nonFraction>%-<ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91846">5.9</ix:nonFraction>%</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis_USifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91847">86</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_CAifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91848">87</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis_MXifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91849">85</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_BRifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91850">85</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_GBifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91851">86</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_MaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91852">86</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_USifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91853">88</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_CAifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91854">89</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_MXifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91855">88</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_BRifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91856">88</ix:nonNumeric></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis_GBifrsfullGeographicalAreasAxis" format="ixt-sec:duryear" id="ixv-91857">89</ix:nonNumeric></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonNumeric name="bud:ActuarialAssumptionOfLifeExpectancy" contextRef="P01_01_2024To12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_FemaleMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-91858">88</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Through its defined benefit pension plans and post-employment medical plans, the company is exposed to a number of risks, the most significant are detailed below:</div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INVESTMENT STRATEGY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In case of funded plans, the company ensures that the investment positions are managed within an asset-liability matching (ALM) framework that has been developed to achieve long-term investments that are in line with the obligations under the pension schemes. Within this framework, the company&#8217;s ALM objective is to match assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit payments as they fall due and in the appropriate currency. The company actively monitors how the duration and the expected yield of the investments are matching the expected cash outflows arising from the pension obligation. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ASSET VOLATILITY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In general, the company&#8217;s funded plans are invested in a combination of equities, bonds and real estate, generating high but volatile returns from equities and at the same time stable and liability-matching returns from bonds. As the plans mature, the company usually reduces the level of investment risk by investing more in assets that better match the liabilities. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CHANGES IN BOND YIELDS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">An increase in bond yields will decrease plan liabilities, although this will be partially offset by a decrease in the value of the plans&#8217; bond holdings. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INFLATION RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Some of the company&#8217;s pension obligations, mainly in the UK, are linked to inflation, and higher inflation will lead to higher liabilities. 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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Decrease&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="4" style="height: 9pt; font-family: Arial;"/>
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<td colspan="4" style="height: 9pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfDiscountRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91861">0.5</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfDiscountRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91862">217</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfDiscountRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91863">236</ix:nonFraction>&#8196;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91864">0.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91865">97</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91866">96</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91867">0.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91868">19</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91869">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-91870">0.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91871">20</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91872">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mortality</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="bud:LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" contextRef="P01_01_2025To12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis" id="ixv-91873">One&#160;year</ix:nonNumeric></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91874">130</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-91875">132</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The above are purely hypothetical changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein will often affect multiple assumptions at the same time and the effects of changes in key assumptions are not linear. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Sensitivities are reasonably possible changes in assumptions, and they are calculated using the same approach as was used to determine the defined benefit obligation. Therefore, the above information is not necessarily a reasonable representation of future results. </div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfFairValueOfPlanAssetsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-55396"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of plan assets at 31&#160;December consists of the following: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
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<td/>
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<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/>
<td colspan="4" style="height: 9pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_GovernmentBondsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91876">36</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_GovernmentBondsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91877">36</ix:nonFraction>%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_GovernmentBondsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91878">37</ix:nonFraction>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_GovernmentBondsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91879">37</ix:nonFraction>%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corporate bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_CorporateBondsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91880">36</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_CorporateBondsMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91881">0</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_CorporateBondsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91882">36</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_CorporateBondsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91883">27</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_CorporateBondsMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91884">1</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_CorporateBondsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91885">28</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_EquityInstrumentsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91886">15</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_EquityInstrumentsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91887">15</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_EquityInstrumentsMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91888">22</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_EquityInstrumentsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91889">22</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_PropertyMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91890">5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_PropertyMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91891">5</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;&#8199;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_PropertyMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91892">7</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_PropertyMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91893">7</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Insurance contracts and others</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91894">5</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91895">2</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91896">7</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91897">4</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91898">2</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_InsuranceContractsAndOthersMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91899">6</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91900">93</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91901">7</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91902">100</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_QuotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91903">90</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91904">10</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DefinedBenefitPlanAssetsTargetAllocationPercentage" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91905">100</ix:nonFraction>%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB&#160;InBev expects to contribute approximately <ix:nonFraction name="ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan" contextRef="P01_01_2025To12_31_2025_FundedDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91906">103</ix:nonFraction>m US dollar for its funded defined benefit plans and <ix:nonFraction name="ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan" contextRef="P01_01_2025To12_31_2025_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91907">81</ix:nonFraction>m US dollar in benefit payments to its unfunded defined benefit plans and post-retirement medical plans in 2026. </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774103" id="ixv-55870"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">24. Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Different share-based programs allow company senior management and members of the board of directors to receive or acquire shares of AB InBev, Ambev or Budweiser APAC. AB InBev has three primary share-based compensation plans: the share-based compensation plan (&#8220;Share-Based Compensation Plan&#8221;), the long-term restricted stock unit plan for directors (&#8220;RSU Plan for Directors&#8221;), and the various long-term incentive plan for executives (&#8220;LTI Plan Executives&#8221;). These share-based payment programs relate to either AB InBev shares or American Depository Shares (&#8220;ADSs&#8221;) as underlying equity instruments. All the company share-based payment plans are equity-settled. Amounts have been converted to US dollar at the average rate of the period, unless otherwise indicated. Share-based payment transactions resulted in a total expense of <ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91908">625</ix:nonFraction>m US dollar for 2025, as compared to <ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91909">644</ix:nonFraction>m US dollar for 2024 and <ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91910">570</ix:nonFraction>m US dollar for 2023. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV SHARE-BASED COMPENSATION PROGRAMS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Under this plan, members of the Executive Committee and other senior employees receive their bonus in cash but have the choice to invest some or all of the value of their bonus in AB InBev shares, referred to as voluntary shares. The voluntary shares are entitled to dividends from the date of grant and are subject to a lock-up period of three years. They are granted at market price, to which a discount of up to <ix:nonFraction name="bud:PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-91911">20</ix:nonFraction>% is applied. The discount is delivered in the form of RSUs (Discounted Shares). Executives who invest in Voluntary Shares also receive one and a half matching shares for each voluntary share invested up to a limited total percentage of each executive&#8217;s variable compensation. These matching shares are also delivered in the form of RSUs (Matching Shares). The RSUs relating to the Matching Shares and the Discounted Shares vest over a three or five-year period and are subject to specific restrictions or forfeiture provisions in the event of termination of service. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, AB InBev issued <ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2025_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91912">2.1</ix:nonFraction>m discounted and matching RSUs in relation to bonuses granted to company employees and management (2024: <ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2024_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91913">1.6</ix:nonFraction>m discounted and matching RSUs). These discounted and matching RSUs represent a fair value of approximately <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91914">128</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91915">94</ix:nonFraction>m US dollar). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">54</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774103" continuedAt="TextSelectionAppend_155774103_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774103_1" continuedAt="TextSelectionAppend_155774103_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774103_2" continuedAt="TextSelectionAppend_155774103_3"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">RSU Plan for Directors </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The remuneration of the directors comprises a fixed cash fee component and a share-based component. The share-based portion of the remuneration of the directors of the company is granted in the form of RSUs that vest after five years and, upon vesting, entitle their holders to one AB InBev share per RSU. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, <ix:nonFraction name="ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91916">0.1</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91917">4</ix:nonFraction>m US dollar were granted to directors (2024: <ix:nonFraction name="ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91918">0.1</ix:nonFraction>m with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91919">4</ix:nonFraction>m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Annual LTI Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subject to management&#8217;s assessment of the executive&#8217;s performance and future potential, members of senior management may be eligible for an annual long-term incentive to be paid out in RSUs, Performance Stock Units (&#8220;PSUs&#8221;) and/or stock options. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Long-term Incentive RSUs</div>: They cliff vest over a three or five-year period. Upon vesting, each RSU entitles its holder to acquire <ix:nonNumeric name="bud:DescriptionOfShareToAcquireByHolder" contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" id="ixv-91920">one</ix:nonNumeric> share. During 2025, AB InBev issued <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91921">3.1</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91922">191</ix:nonFraction>m US dollar under this plan (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91923">4.4</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91924">239</ix:nonFraction>m US dollar under this plan). Out of these RSUs, <ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91925">0.2</ix:nonFraction>m RSUs were granted to members of the Executive Committee (2024: <ix:nonFraction name="ifrs-full:NumberOfSharesIssued" contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91926">0.5</ix:nonFraction>m RSUs). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Long-term PSUs</div>: They cliff vest over a three-year period. Upon vesting of the PSUs, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#8217;s three-year Total Shareholder Return (&#8220;TSR&#8221;) relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91927">0.4</ix:nonFraction>m PSUs were granted to Executives with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91928">35</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91929">0.8</ix:nonFraction>m PSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91930">45</ix:nonFraction>m US dollar under this plan). Out of these PSUs, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_PerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-3" scale="3" format="ixt:num-dot-decimal" id="ixv-91931">60</ix:nonFraction>&#160;thousand PSUs were granted to members of the Executive Committee (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_PerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-3" scale="3" format="ixt:num-dot-decimal" id="ixv-91932">134</ix:nonFraction>&#160;thousand PSUs). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional LTI Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs, PSUs or stock options may be granted from time to time to members of the senior management of the company, who have made a significant contribution to the success of the company (achieving the growth agenda, specific acquisitions, etc.). Vesting of such RSUs, PSUs or stock options may be subject to achievement of performance conditions which will be related to the objectives of such exceptional grants. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025 and 2024, no exceptional grants were made to Executives. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other Recurring LTI RSU Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev has specific recurring long-term RSU incentive programs in place, including: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">A <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">base long-term RSUs program</div> allowing for the offer of RSUs to members of the company&#8217;s senior management. In addition to the annual Long-term RSUs described above, under this program, RSUs can be granted under other sub-plans with specific terms and conditions and for specific purposes, e.g., for special retention incentives or to compensate for assignments of expatriates in certain countries. In most cases, the RSUs vest after three or five years without a performance test and in the event of termination of service before the vesting date, specific forfeiture rules apply. The Board may set different vesting periods for specific sub-plans or introduce performance tests in line with the company&#8217;s high-performance culture and the creation of long-term sustainable value for its shareholders. In 2025, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_ThreeYearVestingMemberBUDVestingPeriodAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91933">0.7</ix:nonFraction>m RSUs with a three- or five-year vesting and an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" contextRef="PAsOn12_31_2025_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_ThreeYearVestingMemberBUDVestingPeriodAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91934">42</ix:nonFraction>m US dollar and <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_FiveYearVestingMemberBUDVestingPeriodAxis_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91935">2.9</ix:nonFraction>m RSUs with a performance test, five-year vesting and an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" contextRef="PAsOn12_31_2025_FiveYearVestingMemberBUDVestingPeriodAxis_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91936">62</ix:nonFraction>m US dollar were granted under this program (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91937">0.2</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" contextRef="PAsOn12_31_2024_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91938">12</ix:nonFraction>m US dollar). Out of these RSUs, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91939">0.9</ix:nonFraction> m RSUs were granted to members of the Executive Committee (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" xsi:nil="true" id="ixv-91940"></ix:nonFraction>nil). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other disclosures for Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">No stock options were granted in 2023, 2024 and 2025. <ix:nonNumeric name="bud:DisclosureOfOptionsOutstandingExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774518" id="ixv-91941">The total number of outstanding AB InBev options developed as follows: </ix:nonNumeric></div></div> <ix:continuation id="TextSelection_155774518"><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91942">69.2</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91943">75.8</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2022_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91944">83.2</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91945">7.9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-91946">-</ix:nonFraction>&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91947">2.2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91948">14.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91949">2.9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91950">1.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91951">3.6</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91952">3.7</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91953">3.9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91954">43.4</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91955">69.2</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91956">75.8</ix:nonFraction>&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">55</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774103_3" continuedAt="TextSelectionAppend_155774103_4"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774103_4" continuedAt="TextSelectionAppend_155774103_5"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774103_5" continuedAt="TextSelectionAppend_155774103_6"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The range of exercise prices of the outstanding options is between <ix:nonFraction name="bud:ExercisePriceOfOutstandingShareOptionsAndWarrants" contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_EUR" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-91957">40.40</ix:nonFraction> euro (<ix:nonFraction name="bud:ExercisePriceOfOutstandingShareOptionsAndWarrants" contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_USD" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-91958">47.47</ix:nonFraction> US dollar)<div style="font-size: 75%; vertical-align: top;display:inline;font-size:7.5px">1</div> and <ix:nonFraction name="bud:ExercisePriceOfOutstandingShareOptionsAndWarrants" contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_EUR" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-91959">113.25</ix:nonFraction> euro (<ix:nonFraction name="bud:ExercisePriceOfOutstandingShareOptionsAndWarrants" contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_USD" decimals="INF" scale="0" format="ixt:num-dot-decimal" id="ixv-91960">133.07</ix:nonFraction> US dollar) while the weighted average remaining contractual life is <ix:nonNumeric name="bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" contextRef="P01_01_2025To12_31_2025" id="ixv-91961">3.5</ix:nonNumeric> years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All outstanding options are vested at 31&#160;December 2025. </div></div> <ix:nonNumeric name="bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-56171"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the AB InBev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="vertical-align: bottom;"/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91962">71.59</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91963">79.46</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2022_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91964">76.04</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91965">47.47</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="0" scale="0" format="ixt:fixed-zero" id="ixv-91966">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91967">29.96</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91968">113.00</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91969">75.45</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91970">67.66</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91971">129.02</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91972">102.10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91973">96.27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91974">71.06</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91975">71.59</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91976">79.46</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91977">71.06</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91978">93.25</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-91979">108.11</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis" escape="true" id="ixv-56352"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding AB InBev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSU and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91980">31.2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91981">29.0</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2022_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91982">28.7</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91983">9.7</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91984">7.3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91985">5.9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91986">14.9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91987">4.1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91988">4.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91989">0.8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91990">1.1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91991">1.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91992">25.2</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91993">31.2</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91994">29.0</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AMBEV SHARE-BASED COMPENSATION PROGRAMS </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has a Share-based compensation plan in place under which different RSU or PSU grant programs may be issued periodically, allowing members of Management and other executives to receive Ambev shares for bonuses granted and other rewards. The vesting period is <div style="display:inline;"><div style="-sec-ix-hidden:hidden155771794;display:inline;">three</div></div> or <ix:nonNumeric name="bud:DescriptionOfShareBasedCompensationVestingPeriod" contextRef="P01_01_2025To12_31_2025_AmbevSharebasedCompensationProgramMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_TopOfRangeMemberifrsfullRangeAxis_TwoThousandEighteenShareBasedCompensationPlanMemberBUDPlanAxis" format="ixt-sec:durwordsen" id="ixv-91995">five years</ix:nonNumeric>. Under this plan, Ambev issued <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91996">33.9</ix:nonFraction>m RSUs and PSUs in 2025 with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91997">79</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-91998">25.6</ix:nonFraction>m RSUs and PSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-91999">61</ix:nonFraction>m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other disclosures for Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 2010, senior employees are eligible for an annual long-term incentive to be paid out in Ambev LTI stock options (or similar share-based instruments), depending on management&#8217;s assessment of the employee&#8217;s performance and future potential. No stock options were granted in 2025, 2024 and 2023. </div></div> <ix:nonNumeric name="bud:DisclosureOfOptionsOutstandingExplanatory" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" escape="true" id="ixv-56544"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev options developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92000">72.5</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92001">88.0</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92002">99.8</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92003">12.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92004">15.5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92005">11.8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92006">60.2</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92007">72.5</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92008">88.0</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The range of exercise prices of the outstanding options is between <ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_BRL_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92009">16.34</ix:nonFraction> Brazilian real (<ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BottomOfRangeMemberifrsfullRangeAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92010">2.97</ix:nonFraction> US dollar) and <ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_BRL_per_Share" decimals="1" scale="0" format="ixt:num-dot-decimal" id="ixv-92011">22.4</ix:nonFraction> Brazilian real (<ix:nonFraction name="ifrs-full:ExercisePriceOfOutstandingShareOptions2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92012">4.07</ix:nonFraction> US dollar) while the weighted average remaining contractual life is <ix:nonNumeric name="bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" format="ixt-sec:duryear" id="ixv-92013">2.2</ix:nonNumeric> years. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All outstanding options are vested at 31&#160;December 2025. </div></div> <ix:nonNumeric name="bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" escape="true" id="ixv-56677"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the Ambev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92014">2.95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92015">3.89</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92016">3.72</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92017">3.34</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92018">3.60</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92019">4.68</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92020">3.44</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92021">2.95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92022">3.89</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92023">3.44</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92024">2.95</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_USD_per_Share" decimals="2" scale="0" format="ixt:num-dot-decimal" id="ixv-92025">3.94</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amounts have been converted to US dollar at the closing rate of the respective period. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">56</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774103_6" continuedAt="TextSelectionAppend_155774103_7"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774103_7" continuedAt="TextSelectionAppend_155774103_8"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:continuation id="TextSelectionAppend_155774103_8"><ix:nonNumeric name="bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" escape="true" id="ixv-56832"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSUs and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92026">120.4</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92027">120.0</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92028">109.8</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92029">33.9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92030">25.6</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92031">33.7</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92032">48.7</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92033">20.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92034">18.3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92035">4.8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92036">4.9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92037">5.2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92038">100.8</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92039">120.4</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92040">120.0</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 24pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">BUDWEISER APAC SHARE-BASED COMPENSATION PROGRAM </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In March 2020, Budweiser APAC set up a program allowing for certain employees to invest some or all of their variable compensation in Budweiser APAC shares (Voluntary Shares). As an additional reward, employees who invest in Voluntary Shares also receive a company shares match of one and a half matching shares for each Voluntary Share invested up to a limited total percentage of each employee&#8217;s variable compensation. In 2025, Budweiser APAC issued <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92041">9.2</ix:nonFraction>m matching RSUs in relation to bonuses granted to Budweiser APAC employees with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92042">11</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92043">8.8</ix:nonFraction>m matching restricted stock units with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92044">14</ix:nonFraction>m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Discretionary Restricted Stock Units Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2019, Budweiser APAC set up a discretionary RSUs plan which allows for the offer of RSUs to certain employees in certain specific circumstances, at the discretion of the Board, e.g., as a special retention incentive. The RSUs vest after three to five years and in the event that an employee&#8217;s service is terminated before the vesting date, special forfeiture rules apply. In 2025 and 2024, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_DiscretionaryRestrictedStockUnitsPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt-sec:numwordsen" id="ixv-92045"><ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_DiscretionaryRestrictedStockUnitsPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_shares" decimals="-6" scale="6" format="ixt-sec:numwordsen" id="ixv-92046">no</ix:nonFraction></ix:nonFraction> RSUs were granted under this program. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">New Restricted Stock Units Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2020, Budweiser APAC set up a new RSUs plan which allows for the offer of RSUs to certain eligible employees in certain specific circumstances, at the discretion of the Board, e.g., as a long-term incentive. The vesting period of the RSUs is in principle between three and five years without a performance test and in the event of termination of service before the vesting date, forfeiture rules apply. The Board may set shorter or longer periods for specific grants or introduce performance tests similar to other programs in the company. In 2023, some RSUs include a performance test. They cliff vest between three and five years. Upon vesting, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#8217;s <div style="-sec-ix-hidden:hidden155771978;display:inline;">three</div> to <ix:nonNumeric name="bud:ShareBasedCompensationByShareBasedAwardVestingTerm" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_PerformanceTestMemberBUDCriteriaAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_TopOfRangeMemberifrsfullRangeAxis" format="ixt-sec:durwordsen" id="ixv-92047">five-year</ix:nonNumeric> TSR relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92048">29.8</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_NewRestrictedStockUnitsPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92049">30</ix:nonFraction>m US dollar were granted under this program to a selected number of employees (2024: <ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92050">30.8</ix:nonFraction>m RSUs with an estimated fair value of <ix:nonFraction name="ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92051">30</ix:nonFraction>m US dollar). </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DisclosureOfProvisionsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774192" id="ixv-57029"> <div style="font-family: Arial; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25. Provisions </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfOtherProvisionsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-57036">
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Disputes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92052">62</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92053">472</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92054">43</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92055">576</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92056">6</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92057">34</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92058">1</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92059">41</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions made</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92060">29</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92061">247</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92062">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92063">276</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92064">40</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92065">122</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92066">8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92067">170</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92068">15</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92069">73</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92070">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92071">88</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92072">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92073">15</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92074">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92075">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92076">41</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92077">543</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92078">33</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92079">617</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Disputes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2023_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92080">69</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2023_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92081">476</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2023_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92082">44</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92083">589</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92084">3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92085">58</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92086">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92087">61</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions made</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92088">51</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92089">158</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92090">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92091">218</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92092">54</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92093">63</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92094">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92095">117</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92096">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92097">68</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92098">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:UnusedProvisionReversedAndRecoveredOtherProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92099">69</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92100">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92101">27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92102">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ChangesInOtherProvisions" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92103">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92104">62</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92105">472</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92106">43</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92107">576</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">57</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774192" continuedAt="TextSelectionAppend_155774192_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774192_1" continuedAt="TextSelectionAppend_155774192_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774192_2"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;">The restructuring provisions are primarily explained by the organizational alignments - see also Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>. Provisions for disputes mainly relate to various disputed taxes other than income taxes and to claims from former employees. </div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutProvisionsExpectedToBeSettledExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-57648"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The provisions are expected to be settled within the following time windows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Due&#160;within&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;&#8195;Due&#160;after&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8201;&#8195;&#8201;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92108">30</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92109">11</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92110">41</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_IncomeAndIndirectTaxesDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92111">29</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_IncomeAndIndirectTaxesDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92112">98</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_IncomeAndIndirectTaxesDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92113">127</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Labor</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaborDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92114">32</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaborDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92115">71</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaborDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92116">104</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commercial</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92117">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92118">39</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92119">57</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Excise duties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_ExciseDutiesMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92120">2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_ExciseDutiesMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92121">7</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_ExciseDutiesMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92122">9</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92123">61</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis_OtherDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92124">185</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_OtherDisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92125">246</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92126">142</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92127">401</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92128">543</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92129">20</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92130">13</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92131">33</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92132">192</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92133">425</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92134">617</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric></ix:continuation> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-57990"> <div style="font-family: Arial; font-size: 11pt; margin-top: 30pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26. Trade and other payables </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-57995"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 96%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentValueAddedTaxPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92135">108</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentValueAddedTaxPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92136">93</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayablesToTradeSuppliers" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92137">671</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayablesToTradeSuppliers" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92138">424</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeferredConsiderationOnAcquisitionsPayablesNoncurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92139">21</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeferredConsiderationOnAcquisitionsPayablesNoncurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92140">221</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92141">69</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92142">59</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92143">869</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92144">797</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade payables and accrued expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92145">17 055</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92146">16 010</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Payroll and social security payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92147">1 606</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92148">1 623</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentValueAddedTaxPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92149">3 021</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentValueAddedTaxPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92150">2 560</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentInterestPayable" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92151">1 369</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentInterestPayable" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92152">1 336</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Consigned packaging</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ConsignedPackagingPayable" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92153">1 093</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ConsignedPackagingPayable" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92154">1 017</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDividendPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92155">610</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentDividendPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92156">767</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeferredConsiderationOnAcquisitionsPayablesCurrent" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92157">223</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DeferredConsiderationOnAcquisitionsPayablesCurrent" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92158">69</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other payables and deferred income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92159">479</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92160">422</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92161">25 455</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92162">23 804</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;">The company has entered into reverse factoring arrangements with suppliers in the amount of <ix:nonFraction name="ifrs-full:AmountsPayableRelatedPartyTransactions" contextRef="PAsOn12_31_2025_SupplierMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92163">41</ix:nonFraction>m US dollar as of 31&#160;December 2025, mostly due to legal requirements (31 December 2024: <ix:nonFraction name="ifrs-full:AmountsPayableRelatedPartyTransactions" contextRef="PAsOn12_31_2024_SupplierMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92164">41</ix:nonFraction>m US dollar). The nature, as well as the terms and conditions of the liabilities that are part of these arrangements do not differ from those of the company&#8217;s normal trade payables. As a result, these are presented as part of Trade and other payables in accordance with IAS 1 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation of financial statements</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 12pt; margin-bottom: 0pt;">As of 31&#160;December 2025, deferred consideration on acquisitions is mainly comprised of <ix:nonFraction name="bud:DeferredConsiderationOnAcquisitions" contextRef="PAsOn12_31_2025_AmbevAndELeonJimenesSAMemberifrsfullTypesOfContractsAxis_WrittenPutOptionsMemberifrsfullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92165">0.2</ix:nonFraction> billion US dollar for the put option included in the 2012 shareholders&#8217; agreement between Ambev and E. Le&#243;n Jimenes S.A. (&#8220;ELJ&#8221;), which may result in Ambev acquiring additional shares in Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;) (31 December 2024: <ix:nonFraction name="bud:DeferredConsiderationOnAcquisitions" contextRef="PAsOn12_31_2024_AmbevAndELeonJimenesSAMemberifrsfullTypesOfContractsAxis_WrittenPutOptionsMemberifrsfullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92166">0.2</ix:nonFraction> billion US dollar). See also Note 27<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Risk arising from financial instruments </div></div>and Note 28<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:nonNumeric> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">58</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="bud:DisclosureOfRiskArisingFromFinancialInstruments" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774130" id="ixv-58307"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27. 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<td colspan="16" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit&#160;or<br/> loss</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> &#8194;amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit or<br/> loss</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025_CashAndCashEquivalentMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92167">11 638</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CashAndCashEquivalentMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92168">11 638</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024_CashAndCashEquivalentMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92169">11 174</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CashAndCashEquivalentMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92170">11 174</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92171">5 406</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92172">5 406</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92173">4 714</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92174">4 714</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92175">27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92176">306</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92177">134</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92178">467</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92179">30</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92180">221</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92181">138</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92182">389</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92183">26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92184">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92185">63</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92186">23</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92187">433</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92188">457</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92189">439</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92190">439</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92191">106</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92192">106</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92193">214</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92194">214</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92195">249</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92196">249</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92197">11</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92198">11</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92199">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92200">3</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92201">17 070</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92202">343</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92203">825</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92204">18 239</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92205">15 918</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92206">247</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92207">927</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92208">17 092</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92209">499</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92210">279</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92211">778</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92212">382</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92213">399</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92214">781</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92215">16 571</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92216">343</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92217">546</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92218">17 460</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtAmortisedCost" contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92219">15 536</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92220">247</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92221">528</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92222">16 311</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92223">21 348</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92224">241</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92225">21 589</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92226">20 037</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92227">288</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92228">20 325</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92229">70 938</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92230">1 191</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92231">72 128</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92232">69 011</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92233">1 709</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92234">70 720</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_CurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92235">885</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_CurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92236">885</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_CurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92237">1 449</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_CurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92238">1 449</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_BankOverdraftMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92239">14</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_BankOverdraftMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92240">14</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_BankOverdraftMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92241">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_BankOverdraftMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92242">-</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92243">5 481</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92244">5 481</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92245">5 614</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92246">5 614</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92247">127</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92248">435</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92249">563</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92250">30</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92251">22</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92252">52</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_OtherCommodityDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92253">46</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_OtherCommodityDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92254">46</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_OtherCommodityDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92255">70</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_OtherCommodityDerivativesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92256">70</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92257">205</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92258">205</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92259">55</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92260">55</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92261">102</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92262">102</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92263">94</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92264">94</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92265">93 184</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92266">7 143</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92267">686</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92268">101 013</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92269">90 497</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92270">7 735</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92271">147</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92272">98 379</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2025_NonCurrentFinancialLiabilitiesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92273">71 678</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="PAsOn12_31_2025_NonCurrentFinancialLiabilitiesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92274">1 320</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" contextRef="PAsOn12_31_2025_NonCurrentFinancialLiabilitiesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92275">183</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_NonCurrentFinancialLiabilitiesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92276">73 182</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtAmortisedCost" contextRef="PAsOn12_31_2024_NonCurrentFinancialLiabilitiesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92277">69 494</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">59</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774130" continuedAt="TextSelectionAppend_155774130_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_1" continuedAt="TextSelectionAppend_155774130_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774130_2" continuedAt="TextSelectionAppend_155774130_3"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">B) &#8194;&#8201;DERIVATIVES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s activities expose it to a variety of financial risks: market risk (including currency risk, fair value interest rate risk, cash flow interest risk, commodity risk and equity risk), credit risk and liquidity risk. The company analyses each of these risks individually as well as on a combined basis and defines strategies to manage the economic impact on the company&#8217;s performance in line with its financial risk management policy. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev primarily uses the following derivative instruments: foreign exchange forwards, currency options, currency futures, interest rate swaps, cross currency interest rate swaps (&#8220;CCIRS&#8221;), commodity swaps, commodity futures and equity swaps. </div></div> <ix:nonNumeric name="bud:DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-60202"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below provides an overview of the notional amounts of derivatives outstanding as of the dates indicated by maturity bucket. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&lt;&#160;1<br/> &#8195;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1-2<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2-3<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92289">10 498</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92290">344</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92291">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92292">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92293">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92294">8 867</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92295">300</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92296">150</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92297">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92298">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92299">315</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92300">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92301">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92302">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92303">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92304">385</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92305">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92306">150</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92307">400</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92308">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92314">1 791</ix:nonFraction></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92316">-</ix:nonFraction></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92317">-</ix:nonFraction></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92318">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92319">510</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92320">2 593</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92321">2 010</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92322">2 025</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92323">715</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92324">1 558</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92325">510</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92326">2 593</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92327">3 598</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92328">690</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92329">2 250</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92330">62</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92331">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92332">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92333">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92334">1 841</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92335">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92336">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92337">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92338">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92339">591</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92340">39</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92341">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92342">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92343">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92344">630</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92347">-</ix:nonFraction></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2024_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherCommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92348">-</ix:nonFraction></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_EquityInvestmentsMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92349">11 898</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_EquityInvestmentsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92350">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_EquityInvestmentsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92351">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="PAsOn12_31_2025_EquityInvestmentsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92352">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92360">1 682</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92361">1 671</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92362">11</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774032">1 823</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773903">1 456</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773493">367</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92366">1 203</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92367">1 182</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92368">21</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773629">1 250</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773905">1 092</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773491">158</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92372">494</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92373">460</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92374">34</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773631">504</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773907">482</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773489">22</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92378">385</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92379">388</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92380">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774026">373</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773897">333</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773499">40</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92384">317</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92385">312</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92386">5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774030">286</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773901">243</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773495">43</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92390">274</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92391">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92392">274</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774028">326</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155773899">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773497">326</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Honduran lempira</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92396">226</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92397">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92398">226</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773916">225</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774014">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773520">225</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Peruvian nuevo sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92402">194</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92403">199</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92404">5</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773914">236</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155774012">215</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773522">21</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92408">182</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92409">190</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92410">8</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773918">160</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155774016">116</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773516">44</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92414">179</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92415">201</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92416">22</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774074">66</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773452">52</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773451">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chilean peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92420">164</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92421">151</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92422">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773636">144</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773912">127</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773484">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Paraguayan guarani</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92426">150</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92427">142</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92428">8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773634">144</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773910">127</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773486">17</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92432">130</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92433">128</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92434">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774022">126</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773471">106</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773503">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Indian rupee</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92438">120</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92439">115</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92440">5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774024">113</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773469">69</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773501">44</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Dominican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92444">119</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92445">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92446">119</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774020">129</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155773473">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToDominicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773505">129</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Bolivian boliviano</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92450">112</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92451">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92452">112</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773925">104</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155773477">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_UsDollarToBolivianBolivianoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773509">104</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92456">136</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92457">133</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92458">3</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773923">108</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773479">111</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773511">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92462">123</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92463">89</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92464">34</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155774018">91</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773475">92</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773507">1</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92468">118</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92469">97</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92470">21</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_MexicanPesoToEuroMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773632">153</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2025_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92476">50</ix:nonFraction>)</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyRiskExposureNet" contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773921">567</ix:nonFraction>)</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignCurrencyRiskHedges" contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="Fact_155773481">441</ix:nonFraction></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignCurrencyOpenPosition" contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="Fact_155773513">126</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Further analysis on the impact of open currency exposures is performed in the currency sensitivity analysis below. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Hedges of firm commitments and highly probable forecasted transactions denominated in foreign currency are designated as cash flow hedges. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net losses on hedging instruments reported in the finance line in 2025 amounted to (<ix:nonFraction name="bud:NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" sign="-" format="ixt:num-dot-decimal" id="ixv-92480">0.3</ix:nonFraction>) billion US dollar and were largely related to foreign-currency hedges associated with commodity purchases, deemed operating in nature. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign exchange risk on foreign currency denominated debt </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s policy is to have the debt in the subsidiaries as much as possible linked to the functional currency of the subsidiary. To the extent this is not the case, foreign exchange risk is managed using derivatives unless the cost to hedge outweighs the benefits. Interest rate decisions and currency mix of debt and cash are decided on a global basis and take into consideration a holistic risk management approach. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">A description of the foreign currency risk hedging of debt instruments issued in a currency other than the functional currency of the subsidiary is further detailed in the <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Interest Rate Risk</div></div> section below. </div> </ix:continuation><ix:continuation id="TextSelectionAppend_155774404_1"> <ix:continuation id="TextSelectionAppend_155774130_6" continuedAt="TextSelectionAppend_155774130_7"><div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div></ix:continuation> </ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_7" continuedAt="TextSelectionAppend_155774130_8"><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">61</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774130_8" continuedAt="TextSelectionAppend_155774130_9"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_9" continuedAt="TextSelectionAppend_155774130_10"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774130_10" continuedAt="TextSelectionAppend_155774130_11"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Currency transactional risk </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Most of AB InBev&#8217;s non-derivative financial instruments are either denominated in the functional currency of the subsidiary or are converted into the functional currency through the use of derivatives. Where illiquidity in the local market prevents hedging at a reasonable cost, the company can have open positions. The transactional foreign currency risk mainly arises from open positions in Argentine peso, Honduran lempira, Dominican peso and Bolivian boliviano against the US dollar. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company uses a sensitivity analysis to estimate the impact in its consolidated income statement and other comprehensive income of a strengthening or a weakening of the US dollar against the other group currencies. 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Applying a similar sensitivity on the total derivatives positions could lead to a negative/positive pre-tax impact <div style="display:inline;">on</div> equity reserves of <ix:nonFraction name="bud:DerivativePositionPositivePretaxImpactOnEquityReserves" contextRef="PAsOn12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92491">516</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="bud:DerivativePositionPositivePretaxImpactOnEquityReserves" contextRef="PAsOn12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92492">446</ix:nonFraction>m US dollar). The results of the sensitivity analysis should not be considered as projections of likely future events, as the gains or losses from exchange rates in the future may differ due to developments in the global financial markets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign exchange risk on net investments in foreign operations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev mitigates exposures of its investments in foreign operations using both derivative and non-derivative financial instruments as hedging instruments. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, designated derivative financial instruments in net investment hedges applied on the company&#8217;s debt amount to <ix:nonFraction name="bud:DerivativeAndNonderivativeFinancialInstrumentsNet" contextRef="PAsOn12_31_2025_HoldingCompanyMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92493">7 239</ix:nonFraction>m US dollar equivalent (31 December 2024: <ix:nonFraction name="bud:DerivativeAndNonderivativeFinancialInstrumentsNet" contextRef="PAsOn12_31_2024_HoldingCompanyMemberdeiLegalEntityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92494">7 835</ix:nonFraction>m US dollar). These instruments hedge foreign operations with Chinese yuan, Canadian dollar, South Korean won and Mexican peso functional currencies. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net foreign exchange results </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-62476"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange results recognized on hedged and unhedged exposures are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hedged (economic hedges)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2025_EconomicHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92495">93</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2024_EconomicHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92496">186</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2023_EconomicHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92497">70</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2025_OtherResultsNotHedgedMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92498">479</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2024_OtherResultsNotHedgedMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92499">40</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2023_OtherResultsNotHedgedMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92500">423</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92501">386</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92502">147</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92503">353</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Out of the net (<ix:nonFraction name="ifrs-full:NetForeignExchangeLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92504">0.4</ix:nonFraction>) billion US dollar foreign exchange losses reported in the finance line in 2025, approximately (<ix:nonFraction name="ifrs-full:NetForeignExchangeLoss" contextRef="P01_01_2025To12_31_2025_OperatingNatureMemberBUDForeignExchangeExposureNatureAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92505">0.2</ix:nonFraction>) billion US dollar was related to foreign exchange exposures that are deemed operating in nature. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">D) INTEREST RATE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies a dynamic interest rate hedging approach whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of AB InBev&#8217;s policy is to achieve an optimal balance between the cost of funding and the volatility of financial results, while taking into account market conditions as well as AB InBev&#8217;s overall business strategy. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair value hedges </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar fixed rate bond hedges (interest rate risk on borrowings in US dollar) </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company manages and reduces the impact of changes in the US dollar interest rates on the fair value of certain fixed rate bonds with an aggregate principal amount of <ix:nonFraction name="ifrs-full:NominalAmountOfHedgingInstrument" contextRef="PAsOn12_31_2025_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_USDollarFixedRateBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92506">1.2</ix:nonFraction> billion US dollar through fixed/floating interest rate swaps. These derivative instruments have been designated in fair value hedge accounting relationships. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Cash flow hedges </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling bond hedges (foreign currency risk and interest rate risk on borrowings in pound sterling) </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In <ix:nonNumeric name="bud:HedgingInstrumentAppointmentPeriod" contextRef="P05_01_2017To05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" id="ixv-92507">May 2017</ix:nonNumeric>, the company issued a pound sterling bond for <ix:nonFraction name="ifrs-full:NominalAmountOfHedgingInstrument" contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92508">700</ix:nonFraction>m pound sterling at a rate of <ix:nonFraction name="ifrs-full:AverageRateOfHedgingInstrument" contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-92509">2.25</ix:nonFraction>%&#160;per year and maturing in <ix:nonNumeric name="bud:HedgingInstrumentMaturityPeriod" contextRef="P05_01_2017To05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" id="ixv-92510">May 2029</ix:nonNumeric>, and issued a pound sterling bond for <ix:nonFraction name="ifrs-full:NominalAmountOfHedgingInstrument" contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92511">900</ix:nonFraction>m pound sterling at a rate of <ix:nonFraction name="ifrs-full:AverageRateOfHedgingInstrument" contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-92512">2.85</ix:nonFraction>%&#160;per year and maturing in <ix:nonNumeric name="bud:HedgingInstrumentMaturityPeriod" contextRef="P01_01_2025To12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" id="ixv-92513">May 2037</ix:nonNumeric>. These bonds have a principal outstanding as of 31&#160;December 2025 of <ix:nonFraction name="ifrs-full:NominalAmountOfHedgingInstrument" contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92514">232</ix:nonFraction>m and <ix:nonFraction name="ifrs-full:NominalAmountOfHedgingInstrument" contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis" unitRef="Unit_pure" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92515">156</ix:nonFraction>m pound sterling, respectively. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The impact of changes in the pound sterling exchange rate and interest rate on these bonds is managed and reduced through pound sterling fixed/euro fixed cross currency interest rate swaps. 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<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="-2" scale="-2" format="ixt:fixed-zero" id="ixv-92516">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92517">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92518">4.9</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92519">1 193</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92520">11.0</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92521">334</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92522">10.9</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92523">333</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92524">334</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92525">1 527</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92526">5.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92527">41 499</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92528">5.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92529">32 965</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92530">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92531">28 593</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92532">2.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92533">29 274</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92534">3.8</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92535">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92536">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92537">2 768</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92538">4.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92539">566</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92540">4.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92541">2 668</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92542">5.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92543">39</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92544">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92545">2 049</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92546">13.2</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92547">225</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92548">13.2</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92549">225</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92550">2.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92551">567</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92552">2.7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92553">37</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92554">9.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92555">1 165</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2025To12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92556">9.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92557">1 515</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92558">72 693</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92559">71 500</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
<td/>
<td style="width: 1%; vertical-align: bottom;"/>
<td/>
<td/>
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<td style="width: 1%; vertical-align: bottom;"/>
<td/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">After hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Floating rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="-2" scale="-2" format="ixt:fixed-zero" id="ixv-92560">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92561">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92562">5.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92563">1 792</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92564">11.2</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92565">184</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92566">11.2</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92567">184</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92568">184</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92569">1 975</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92570">5.1</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92571">46 192</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92572">5.4</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92573">36 780</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92574">2.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92575">22 653</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92576">2.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92577">23 530</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92578">3.2</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92579">41</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92580">2.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92581">2 921</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92582">4.5</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92583">555</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92584">4.4</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92585">2 657</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92586">4.9</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92587">40</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92588">2.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92589">2 200</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92590">15.7</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92591">239</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92592">10.8</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92593">1 239</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92594">3.3</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92595">1 154</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92596">2.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92597">34</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92598">8.6</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92599">1 111</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerivativeInterestRatePercentage" contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92600">10.1</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92601">833</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92602">71 986</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:DerivativeFinancialLiabilities" contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92603">70 195</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the total carrying amount of the floating and fixed rate interest-bearing financial liabilities before hedging as presented above included bank overdrafts of <ix:nonFraction name="bud:CarryingValueOfAssociatedFinancialLiabilities" contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92604">14</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="bud:CarryingValueOfAssociatedFinancialLiabilities" contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92605">nil</ix:nonFraction>). Of the company&#8217;s interest-bearing financial liabilities, <ix:nonFraction name="bud:CarryingValueOfAssociatedFinancialLiabilities" contextRef="PAsOn12_31_2025_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92606">1 527</ix:nonFraction>m US dollar or <ix:nonFraction name="bud:PercentageProportionOfFinancialLiabilities" contextRef="P01_01_2025To12_31_2025_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="3" scale="-2" format="ixt:num-dot-decimal" id="ixv-92607">2.1</ix:nonFraction>% bore interest at a variable rate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity analysis has been prepared based on the exposure to interest rates for the floating rate debt after hedging, assuming the amount of liability outstanding at reporting date was outstanding for the whole year. The company estimates that an increase or decrease of 100 basis points represents a reasonably possible change in applicable interest rates. 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This impact would have been more than offset by <ix:nonFraction name="bud:IncreaseDecreaseInInterestIncome" contextRef="P01_01_2025To12_31_2025_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92615">112</ix:nonFraction>m US dollar higher/lower interest income on interest-bearing financial assets (31 December 2024: <ix:nonFraction name="bud:IncreaseDecreaseInInterestIncome" contextRef="P01_01_2024To12_31_2024_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92616">105</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="bud:IncreaseDecreaseInInterestIncome" contextRef="P01_01_2023To12_31_2023_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92617">96</ix:nonFraction>m US dollar). 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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities measured at amortized cost &#8211; not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_FinancialLiabilitiesAtAmortisedCostMemberifrsfullClassesOfFinancialLiabilitiesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NotDesignatedInHedgingRelationshipMemberifrsfullHedgedItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92618">3 250</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_FinancialLiabilitiesAtAmortisedCostMemberifrsfullClassesOfFinancialLiabilitiesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NotDesignatedInHedgingRelationshipMemberifrsfullHedgedItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92619">3 492</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_FinancialLiabilitiesAtAmortisedCostMemberifrsfullClassesOfFinancialLiabilitiesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NotDesignatedInHedgingRelationshipMemberifrsfullHedgedItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92620">3 722</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92621">31</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92622">30</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92623">22</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92624">26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92625">29</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92626">28</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net investment hedges - hedging instruments (interest component)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_HedgingInstrumentMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92627">58</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_HedgingInstrumentMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92628">49</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_HedgingInstrumentMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92629">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Economic hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_EconomicHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92630">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_EconomicHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92631">2</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_EconomicHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92632">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2025To12_31_2025_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92633">3 194</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2024To12_31_2024_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92634">3 443</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:InterestRevenueExpense" contextRef="P01_01_2023To12_31_2023_InterestRateRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92635">3 705</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">E)&#8194;&#8201;COMMODITY PRICE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The commodity markets have experienced and are expected to continue to experience price fluctuations. AB InBev therefore uses both fixed price purchasing contracts and commodity derivatives to manage the exposure to price volatility. <ix:nonNumeric name="ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774558" id="ixv-92636">The most significant commodity hedges are included in the table below (expressed in outstanding notional amounts): </ix:nonNumeric></div></div> <ix:continuation id="TextSelection_155774558"><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 96%;"/>
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<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8201;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92637">2 312</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92638">1 841</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92639">212</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92640">207</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92641">197</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92642">203</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92643">86</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92644">79</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92645">66</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92646">73</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92647">43</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92648">47</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92649">26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92650">46</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92651">2 942</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:CommodityDerivativesOutstanding" contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullClassesOfFinancialAssetsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92652">2 496</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodity price sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The impact of changes in prices of commodities that are being financially hedged would not have had a material impact on AB InBev&#8217;s profit in 2025 as they are hedged using derivative contracts which are designated in hedge accounting in accordance with IFRS 9 rules.<div style="display:inline;">&#160;</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The related impact is expected to be recognized in the income statement in subsequent periods, principally in 2026, when the underlying forecasted transactions occur. </div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px; background: none;display:inline;"><div style="background: none; text-decoration: none;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div><ix:nonNumeric name="bud:DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774556" id="ixv-64170"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures would have on the equity reserves. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Pre-tax&#160;impact&#160;on&#160;equity</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Pre-tax&#160;impact&#160;on&#160;equity</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> &#8195;&#8194;prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92653">22</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92654">504</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92655">504</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92656">22</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92657">408</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_AluminumMemberifrsfullClassesOfFinancialInstrumentsAxis_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92658">408</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92659">47</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92660">100</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92661">100</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92662">44</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92663">92</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_EnergyMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92664">92</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92665">19</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92666">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92667">38</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92668">19</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92669">38</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_CornMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92670">38</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92671">16</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92672">14</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92673">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92674">16</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92675">12</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_PlasticMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92676">12</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92677">27</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92678">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92679">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92680">27</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92681">20</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_SugarMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92682">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92683">27</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92684">12</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92685">12</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92686">27</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92687">13</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_WheatMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92688">13</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92689">38</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92690">10</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92691">10</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:PercentageOfVolatilityPriceOfCommodities" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92692">38</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AdjustmentsForIncreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92693">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AdjustmentsForDecreasePricePretaxImpactOnEquity" contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92694">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table></ix:nonNumeric> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">F) &#8194;&#8201;EQUITY PRICE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;">AB InBev enters into equity swap derivatives to hedge the price risk on its shares in connection with its share-based payments programs, as disclosed in Note 24<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Share-based Payments.</div></div> AB InBev also hedges its exposure arising from shares issued in connection with the Grupo Modelo and SAB combinations (see also Note 11<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Finance expense and income</div></div>). These derivatives do not qualify for hedge accounting and the changes in fair value are recognized in the income statement. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, an exposure for an equivalent of <ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-5" scale="6" format="ixt:num-dot-decimal" id="ixv-92695">100.5</ix:nonFraction>m of AB InBev shares was hedged, resulting in a total loss of (<ix:nonFraction name="ifrs-full:GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" contextRef="P01_01_2025To12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92696">213</ix:nonFraction>)m US dollar recognized in the income statement for the period in exceptional finance income/(expense). As of 31&#160;December 2025, liabilities for equity swap derivatives amounted to <ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92697">5.5</ix:nonFraction> billion US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92698">5.6</ix:nonFraction> billion US dollar). </div></div> <div style="font-size: 60pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 60pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:continuation><ix:continuation id="TextSelection_155774556"> <ix:continuation id="TextSelectionAppend_155774130_17" continuedAt="TextSelectionAppend_155774130_18"><div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> <ix:nonNumeric name="ifrs-full:MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" contextRef="P01_01_2025To12_31_2025" id="ixv-92699">Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024.</ix:nonNumeric> </div></div></ix:continuation> </ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_18" continuedAt="TextSelectionAppend_155774130_19"><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">64</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774130_19" continuedAt="TextSelectionAppend_155774130_20"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_20" continuedAt="TextSelectionAppend_155774130_21"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774130_21" continuedAt="TextSelectionAppend_155774130_22"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Equity price sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity analysis on the equity swap derivatives, calculated based on a <ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-comma-decimal" id="ixv-92700">24</ix:nonFraction>% (2024: <ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2024_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-comma-decimal" id="ixv-92701">19</ix:nonFraction>%; 2023: <ix:nonFraction name="ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2023_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-comma-decimal" id="ixv-92702">18</ix:nonFraction>%;) reasonably possible volatility of the AB InBev share price, with all the other variables held constant, would show <ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92703">1 563</ix:nonFraction>m US dollar positive/negative impact on the 2025 profit before tax (31 December 2024: <ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2024_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92704">960</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="PAsOn12_31_2023_EquityPriceRiskMemberifrsfullTypesOfRisksAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92705">1 181</ix:nonFraction>m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">G) &#8194;&#8201;CREDIT RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Credit risk encompasses all forms of counterparty exposure, i.e., where counterparties may default on their obligations to AB InBev in relation to lending, hedging, settlement and other financial activities. The company has a credit policy in place and the exposure to counterparty credit risk is monitored. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev mitigates its exposure through a variety of mechanisms. It has established minimum counterparty credit ratings and enters into transactions only with financial institutions of investment grade rating. The company monitors counterparty credit exposures closely and reviews any external downgrade in credit rating immediately. To mitigate pre-settlement risk, counterparty minimum credit standards become more stringent with increases in the duration of the derivatives. To minimize the concentration of counterparty credit risk, the company enters into derivative transactions with different financial institutions. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company also has master netting agreements with all of the financial institutions that are counterparties to over the counter (OTC) derivatives. These agreements allow for the net settlement of assets and liabilities arising from different transactions with the same counterparty. Based on these factors, AB InBev considers the impact of the risk of counterparty default as of 31&#160;December 2025 to be limited. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exposure to credit risk </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Credit risk arises from financial assets including trade and other receivables. The carrying amount of financial assets represents the maximum credit exposure of the company. 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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92706">4 661</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92707">399</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92708">4 261</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92709">4 168</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92710">377</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92711">3 792</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92712">1 213</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92713">68</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92714">1 145</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92715">984</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92716">61</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92717">923</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92718">5 874</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92719">468</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92720">5 406</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92721">5 152</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92722">438</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92723">4 714</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:ConcentrationsOfRisk" contextRef="P01_01_2025To12_31_2025_CreditRiskMemberifrsfullTypesOfRisksAxis" id="ixv-92724">There was no significant concentration of credit risks with any single counterparty as of 31&#160;December 2025 and no single customer represented more than <ix:nonFraction name="bud:PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" contextRef="P01_01_2025To12_31_2025_CreditRiskMemberifrsfullTypesOfRisksAxis_TopOfRangeMemberifrsfullRangeAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-92725">10</ix:nonFraction>% of the total revenue of the group in 2025.</ix:nonNumeric> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment losses </div></div></div></div> <ix:nonNumeric name="ifrs-full:DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-65004"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allowance for impairment recognized during the period on trade and other receivables was as follows: </div></div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92726">438</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92727">462</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2022_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92728">416</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ImpairmentLossesOnFinancialAssets" contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92729">53</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ImpairmentLossesOnFinancialAssets" contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92730">56</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ImpairmentLossesOnFinancialAssets" contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92731">54</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92732">64</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92733">24</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92734">26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Currency translation and other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92735">40</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; padding: 0px;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92736">55</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92737">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92738">468</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92739">438</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" contextRef="PAsOn12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92740">462</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">H) &#8195;LIQUIDITY RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Historically, AB InBev&#8217;s primary sources of cash flow have been cash flows from operating activities, the issuance of debt, bank borrowings and equity securities. AB InBev&#8217;s material cash requirements have included the following: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Debt servicing; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Capital expenditures; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in companies; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Increases in ownership of AB InBev&#8217;s subsidiaries or companies in which it holds equity investments; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Share buyback programs; and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Payments of dividends and interest on shareholders&#8217; equity. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">65</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774130_22" continuedAt="TextSelectionAppend_155774130_23"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774130_23" continuedAt="TextSelectionAppend_155774130_24"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774130_24" continuedAt="TextSelectionAppend_155774130_25"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company believes that cash flows from operating activities, available cash and cash equivalents as well as short term investments, along with related derivatives and access to borrowing facilities, will be sufficient to fund capital expenditures, financial instrument liabilities and dividend payments going forward. It is the intention of the company to continue to reduce its financial indebtedness through a combination of strong operating cash flow generation and continued refinancing. </div></div> <ix:nonNumeric name="ifrs-full:DescriptionOfManagingLiquidityRisk" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-65304"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the nominal contractual maturities of the company&#8217;s non-derivative financial liabilities including interest payments and derivative liabilities: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 80%; font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
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<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
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<td style="font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contractual<br/> cash<br/> flows</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Less<br/> than<br/> 1&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92741">70 199</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92742">115 992</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92743">2 962</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92744">8 108</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92745">6 398</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92746">11 951</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92747">86 573</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92748">26 324</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92749">26 547</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92750">25 410</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92751">150</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92752">177</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92753">277</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92754">532</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92755">2 397</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92756">2 706</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92757">704</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92758">606</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92759">448</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92760">447</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92761">501</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92762">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92763">23</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92764">5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92765">5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92766">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92767">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92768">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92769">178</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92770">178</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92771">178</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92772">221</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92773">239</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92774">84</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92775">132</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92776">12</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92777">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92778">10</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92779">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92780">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92781">14</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92782">99 351</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92783">145 700</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92784">29 358</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92785">9 001</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92786">7 039</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92787">12 686</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92788">87 617</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92789">5 481</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92790">5 481</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92791">5 481</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92792">563</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92793">563</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92794">416</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92795">59</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92796">87</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92797">205</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92798">205</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92799">60</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92800">51</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92801">32</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92802">18</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92803">44</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92804">102</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92805">102</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92806">102</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92807">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92808">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92809">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92810">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92811">6 397</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92812">6 397</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92813">6 105</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92814">111</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92821">24</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-92822">-</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92823">5</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="font-family: Arial;"/>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92825">69 484</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92826">113 412</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92827">3 453</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92828">3 416</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92829">7 311</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92830">14 352</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:BondsIssued" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92831">84 881</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92832">24 601</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92833">24 760</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92834">23 750</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92835">257</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92836">128</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92837">328</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92838">297</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92839">2 303</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92840">2 592</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92841">639</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92842">620</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92843">398</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92844">447</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:LeaseLiabilities" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92845">488</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92846">19</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92847">25</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92848">5</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92849">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92850">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92851">8</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:SecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92852">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92853">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92854">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:UnsecuredBankLoansReceived" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92855">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92856">269</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92857">297</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92858">172</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92859">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92860">20</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92861">2</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherBorrowings" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92862">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92863">96 770</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92864">141 181</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92865">28 113</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92866">4 391</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92867">7 861</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92868">15 138</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92869">85 678</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92870">5 614</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92871">5 614</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:EquityDerivative" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92872">5 614</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92873">52</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92874">52</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ForeignExchangeDerivatives" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92875">52</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92876">55</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92877">55</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92878">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92879">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92880">30</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92881">1</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CrossCurrencyInterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92882">46</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92883">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92884">94</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92885">93</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:InterestRateSwaps" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92886">1</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92887">69</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92888">69</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CommodityDerivatives" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92889">69</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92890">5 885</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92891">5 885</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92892">5 818</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92893">9</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92894">30</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92895">1</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92896">47</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92903">41 050</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92904">41 863</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92905">45 800</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_USDsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92906">45 558</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92907">27 854</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92908">27 187</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92909">21 915</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92910">21 605</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92911">519</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92912">467</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92913">1 108</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_GBPsrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92914">1 046</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92915">509</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92916">465</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92917">484</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92918">461</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92919">364</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92920">362</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92921">375</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis_OtherCurrencyMembersrtCurrencyAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92922">373</ix:nonFraction>)</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92923">70 296</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2025_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92924">70 343</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansCarryingValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92925">69 682</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:FixedRateInterestBearingLoansFairValue" contextRef="PAsOn12_31_2024_FixedInterestRateMemberifrsfullTypesOfInterestRatesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92926">69 044</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <ix:nonNumeric name="ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-67981"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the fair value hierarchy, which classifies financial instruments according to the extent to which their valuation relies on observable market inputs: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted&#160;(unadjusted)<br/> prices - level 1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Observable&#160;market<br/> inputs - level 2</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Unobservable&#160;market<br/> inputs - level 3</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrsfullCategoriesOfFinancialAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92927">36</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92928">31</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92929">454</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92930">207</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92931">31</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2025_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92932">696</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_DeferredConsiderationOnAcquisitionsMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92933">241</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92934">5 609</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92936">396</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92937">102</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92938">227</ix:nonFraction></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2025_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92941">241</ix:nonFraction></div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Held for trading (non-derivatives)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_HeldtomaturityInvestmentsCategoryMemberifrsfullCategoriesOfFinancialAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NonDerivativeFinancialAssetsMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92942">9</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrsfullCategoriesOfFinancialAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92943">26</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92944">27</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92945">416</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92946">345</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92947">27</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="PAsOn12_31_2024_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92948">796</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_DeferredConsiderationOnAcquisitionsMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92949">288</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92950">5 644</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92951">29</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92952">105</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92953">94</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92954">14</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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Le&#243;n Jimenes S.A. (&#8220;ELJ&#8221;), following the acquisition of Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;), a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#8217; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately <ix:nonFraction name="bud:PercentageOfOptionsExercised" contextRef="P01_31_2024To01_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92958">12</ix:nonFraction>% of the shares of CND for a net consideration of <ix:nonFraction name="bud:PutOptionRemeasuredAtFairValue" contextRef="PAsOn01_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-92959">0.3</ix:nonFraction> billion US dollar. 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ELJ currently holds <ix:nonFraction name="bud:PercentageOfOwnershipSharesHoldByElj" contextRef="PAsOn12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-92962">3</ix:nonFraction>% of CND and the remaining put option is exercisable as from 2026. 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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="4" style="height: 6pt; font-family: Arial;"/> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92965">241</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92966">731</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92967">490</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92968">403</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92969">312</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92970">92</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2025To12_31_2025_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92971">81</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2025To12_31_2025_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92972">111</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92973">192</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2025_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92974">82</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2025_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92975">308</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92976">390</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"/>
<td style="width: 1%; vertical-align: bottom;"/>
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<td/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<td style="width: 1%; vertical-align: bottom;"/>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: Arial;"/>
<td colspan="4" style="height: 6pt; font-family: Arial;"/>
<td colspan="4" style="height: 6pt; font-family: Arial;"/>
<td colspan="4" style="height: 6pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2023_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92977">304</ix:nonFraction>)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2023_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92978">486</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92979">181</ix:nonFraction></div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92980">54</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92981">519</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92982">573</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2024To12_31_2024_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92983">9</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2024To12_31_2024_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92984">273</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:GainsLossesOnHedgesRecognizedInProfitOrLoss" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92985">264</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-92986">241</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMemberifrsfullClassesOfFinancialInstrumentsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92987">731</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:HedgeReserve" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-92988">490</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">L) &#8195;OFFSETTING FINANCIAL ASSETS AND LIABILITIES </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774605" id="ixv-69165"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92989">728</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92990">728</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92991">725</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92992">3</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92993">6 397</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92994">6 397</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92995">725</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92996">5 672</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
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<td style="width: 9%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92997">815</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-92998">815</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-92999">814</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93000">1</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93001">5 886</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93002">5 886</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfAssetsAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93003">814</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net amount recognized in the statement of financial position after considering agreements that meet the offsetting criteria under IFRS. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other offsetting agreements include collateral, guarantee instruments and offsetting agreements that do not meet the offsetting criteria under IFRS. </div></div> </td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </ix:continuation> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">68</div> </div></div> </div> </div> <div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div> <hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:nonNumeric name="bud:DisclosureOfCollateralAndContractualCommitmentsExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774594" id="ixv-69497">
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 11pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
<tr style="page-break-inside: avoid;">
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<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
<tr>
<td style="width: 95%; font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 255, 255);">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Collateral given for own liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93005">292</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93006">240</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contractual commitments to purchase property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93007">171</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93008">257</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other contractual commitments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherContractualCommitments" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93009">1 687</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherContractualCommitments" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93010">58</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other commitments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherCommitments" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93011">1 816</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherCommitments" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93012">1 684</ix:nonFraction></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;">The collateral given for own liabilities of <ix:nonFraction name="ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93013">292</ix:nonFraction>m US dollar as of 31&#160;December 2025 contains <ix:nonFraction name="ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93014">144</ix:nonFraction>m US dollar cash guarantees (31 December 2024: <ix:nonFraction name="ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93015">133</ix:nonFraction>m US dollar). Such cash deposits are a customary feature associated with litigations in Brazil: in accordance with Brazilian laws and regulations a company may or must (depending on the circumstances) place a deposit with a bank designated by the court or provide other security such as collateral on property, plant and equipment, insurance guarantees or letters of guarantees. With regard to judicial cases, AB InBev has made the appropriate provisions in accordance with IAS 37 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Provisions, Contingent Liabilities and Contingent Assets</div></div> &#8211; see also Note 25 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Provisions</div></div>. In the company&#8217;s statement of financial position, the cash guarantees are presented as part of other receivables &#8211; see Note 19 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Trade and other receivables</div></div>. The legal proceedings covered by insurance guarantees and letters of guarantee issued by the company are disclosed in Note 29<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Contingencies</div></div>. The remaining part of collateral given for own liabilities of <ix:nonFraction name="ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93016">148</ix:nonFraction>m US dollar as of 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93017">107</ix:nonFraction>m US dollar) contains collateral on AB InBev&#8217;s property in favor of the excise tax authorities, the amount of which is determined by the level of the monthly excise taxes due, inventory levels and transportation risk, and collateral on its property, plant and equipment with regard to outstanding loans. To the extent that AB InBev would not respect its obligations under the related outstanding contracts or would lose the pending judicial cases, the collateralized assets would be used to settle AB InBev&#8217;s obligations. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev has entered into commitments to purchase property, plant and equipment for <ix:nonFraction name="ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93018">171</ix:nonFraction>m US dollar at 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93019">257</ix:nonFraction>m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other contractual commitments mainly comprise sponsorship agreements and contractual commitments to acquire loans to associates and customers. In a limited number of countries AB InBev has committed itself to acquire loans to associates/customers from banks at their notional amount if the associates/customers do not respect their reimbursement commitments towards the banks. The total outstanding amount of such loans is <ix:nonFraction name="bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93020">40</ix:nonFraction>m US dollar at 31&#160;December 2025 (31 December 2024: <ix:nonFraction name="bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers" contextRef="P01_01_2024To12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93021">57</ix:nonFraction>m </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;">US dollar). During 2025, AB InBev entered into a six-year sponsorship agreement <div style="display:inline;">in men&#8217;s soccer </div>for the <div style="display:inline;">UEFA</div> Champions League<div style="display:inline;">, UEFA Europa League,</div> and <div style="display:inline;">UEFA Conference League competitions.</div> The company will be the exclusive beer sponsor for six<div style="display:inline;">&#160;</div>seasons starting in 2027. The agreement is valued at approximately<div style="display:inline;">&#160;</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SponsorshipAgreementCommitments" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93022">0.2</ix:nonFraction> billion US dollar per season and will be recognized as an intangible asset in 2027. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other commitments amount to <ix:nonFraction name="bud:OtherCommitments" contextRef="PAsOn12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93023">1 816</ix:nonFraction>m US dollar at 31&#160;December 2025 and mainly cover guarantees given to pension funds, rental and other guarantees (31 December 2024: <ix:nonFraction name="bud:OtherCommitments" contextRef="PAsOn12_31_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93024">1 684</ix:nonFraction>m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;">In order to fulfil AB InBev&#8217;s commitments under various outstanding stock option plans, AB InBev entered into stock lending arrangements. For more details, refer to Note 21 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Changes in equity and earnings per share</div></div>. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">M&amp;A related commitments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, we had the following commitments and other items related to M&amp;A. </div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;) </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As part of the 2012 shareholders agreement between Ambev and ELJ, following the acquisition of CND, a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#8217; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately <ix:nonFraction name="bud:PercentageOfSharesSold" contextRef="P01_31_2024To01_31_2024_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis_PutOption1MemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93025">12</ix:nonFraction>% of the shares of CND for a net consideration of <ix:nonFraction name="ifrs-full:ProceedsFromExerciseOfOptions" contextRef="P01_31_2024To01_31_2024_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis_PutOption1MemberifrsfullTypesOfSharebasedPaymentArrangementsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93026">0.3</ix:nonFraction> billion US dollar. The closing of the transaction resulted in Ambev&#8217;s participation in CND increasing from <ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2024To12_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93027">85</ix:nonFraction>% to <ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_31_2024To01_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93028">97</ix:nonFraction>%. ELJ currently holds <ix:nonFraction name="bud:PercentageOfOwnershipSharesHoldByElj" contextRef="PAsOn12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93029">3</ix:nonFraction>% of CND and the remaining put option is exercisable as from 2026. 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<td style="width: 5%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29.</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax and social contribution</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Value-added and excise taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ValueAddedAndExciseTaxes" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93042">4 544</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherTaxes" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93043">691</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:OtherTaxes" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93044">622</ix:nonFraction></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:MaterialTaxNet" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93045">19 049</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="bud:MaterialTaxNet" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93046">15 691</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most significant tax proceedings of Ambev are discussed below. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INCOME TAX AND SOCIAL CONTRIBUTION </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Foreign Earnings </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels in Brazil. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2022 and 2023, the Lower Administrative Court rendered favorable and partially favorable decisions to Ambev, some of which are still subject to appeal. The decisions cancelled part of the disputed tax assessments, recognizing the validity of the methodology adopted by Ambev with respect to the taxation of profits and the goodwill amortization of foreign subsidiaries. Part of these decisions became final in September 2024, representing tax assessments valuing approximately <ix:nonFraction name="bud:TaxAssessmentAmountRelatedToTaxReturn" contextRef="PAsOn09_30_2024_ForeignSubsidiariesMemberifrsfullCategoriesOfRelatedPartiesAxis_TaxAssessmentOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93047">1.0</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:TaxAssessmentAmountRelatedToTaxReturn" contextRef="PAsOn09_30_2024_ForeignSubsidiariesMemberifrsfullCategoriesOfRelatedPartiesAxis_TaxAssessmentOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93048">0.2</ix:nonFraction></div></div> billion US dollar) as of the time of cancellation. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In August 2024, Ambev received a partially favorable decision from the First-Level Administrative Court with respect to a tax assessment related to the 2018 calendar year. Both Ambev and the Brazilian tax authorities filed appeals and the case awaits decision by the Lower Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2024, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2019 and filed a defense, the outcome of which was partially favorable to Ambev. Ambev has filed an appeal to the Lower Administrative Court which is awaiting judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2025, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2020 and filed an appeal with the First-Level Administrative Court which is awaiting judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"></div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the assessed tax claim<div style="display:inline;">,</div> as well as favorable first-level decisions, which remain subject to review by the second-level judicial court.</div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"> </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">70</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774111" continuedAt="TextSelectionAppend_155774111_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_1" continuedAt="TextSelectionAppend_155774111_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_2" continuedAt="TextSelectionAppend_155774111_3"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_ForeignSubsidiariesMemberifrsfullCategoriesOfRelatedPartiesAxis_InBevHoldingBrasilSAMemberifrsfullBusinessCombinationsAxis_TaxAssessmentOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93049">8.0</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="ifrs-full:MaximumExposureToCreditRisk" contextRef="PAsOn12_31_2025_ForeignSubsidiariesMemberifrsfullCategoriesOfRelatedPartiesAxis_InBevHoldingBrasilSAMemberifrsfullBusinessCombinationsAxis_TaxAssessmentOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93050">1.5</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill InBev Holding </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2011, Ambev received a tax assessment related to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In June 2016, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable decisions at the First-Level Administrative Court and Lower Administrative Court. Ambev and the tax authorities both filed Special Appeals which were partially admitted by the Upper Administrative Court. For the unfavorable portion of the decision which became final at the administrative level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining assessed tax claim, which was granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2023, Ambev received a partially favorable decision at the Upper Administrative Court for the portion of the tax assessment subject to the Special Appeals filed by Ambev and the tax authorities. In June 2023, Ambev filed a judicial proceeding to appeal the unfavorable portion of the decision, which awaits judgment at the first level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_InBevHoldingBrasilSAMemberifrsfullBusinessCombinationsAxis_TaxAssessmentTwoMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93051">7.7</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_InBevHoldingBrasilSAMemberifrsfullBusinessCombinationsAxis_TaxAssessmentTwoMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93052">1.4</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. In the event Ambev is required to pay these amounts, AB InBev will reimburse the amount proportional to the benefit received by AB InBev pursuant to the merger protocol as well as the related costs. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill Beverage Associate Holding (BAH) </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2013, Ambev received a tax assessment related to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#8220;BAH&#8221;) into Ambev. In April and August 2018, Ambev received new tax assessments charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. These matters were tried at the administrative level, with the Upper Administrative Court rendering partially favorable decisions to Ambev related to the qualified penalties and the statute of limitations for one of the calendar years under discussion. In January and June 2023, Ambev filed judicial proceedings to appeal the unfavorable portion of the decisions and received favorable decisions at the first-level judicial court. The tax authorities appealed these decisions in September 2023 and the matters await judgment at the second-level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_BeverageAssociatesHoldingLimitedMemberifrsfullBusinessCombinationsAxis_TaxAssessmentThreeMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93053">1.6</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_BeverageAssociatesHoldingLimitedMemberifrsfullBusinessCombinationsAxis_TaxAssessmentThreeMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93054">0.3</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill CND Holdings </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2017, Ambev received a tax assessment related to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the First-Level Administrative Court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020, the Lower Administrative Court rendered a partially favorable decision to Ambev. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. In February 2024, Ambev withdrew the Special Appeals and as a result, the Lower Administrative Court&#8217;s initial partially favorable decision prevailed. Ambev filed judicial proceedings relating to the unfavorable portion of the decision and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2022, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar year 2017. Ambev filed a defense and in October 2023 received an unfavorable decision from the First-Level Administrative Court, which Ambev appealed to the Lower Administrative Court. In August 2024, Ambev received a favorable decision from the Lower Administrative Court. The decision is not final and is subject to review by the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_CNDHoldingsMemberifrsfullBusinessCombinationsAxis_TaxAssessmentInNovember2017MemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93055">1.0</ix:nonFraction> billion Brazilian real (<ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_CNDHoldingsMemberifrsfullBusinessCombinationsAxis_TaxAssessmentInNovember2017MemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93056">0.2</ix:nonFraction> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">71</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_3" continuedAt="TextSelectionAppend_155774111_4"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_4" continuedAt="TextSelectionAppend_155774111_5"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_5" continuedAt="TextSelectionAppend_155774111_6"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill MAG </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2022, CRBS S.A (&#8220;CRBS&#8221;) (a subsidiary of Ambev) received a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS. Ambev filed a defense in January 2023. In November 2023, Ambev received a partially favorable decision from the First-Level Administrative Court which reduced the qualified penalty applied to <ix:nonFraction name="bud:RevisedPenaltyPayableInPercentage" contextRef="PAsOn11_30_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_MagMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93057">100</ix:nonFraction>% (instead of <ix:nonFraction name="bud:PenaltyPayableInPercentage" contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_MagMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93058">150</ix:nonFraction>% as initially charged), and was appealed to the Lower Administrative Court by CRBS. In October 2025, the Lower Administrative Court rendered an unfavorable decision to CRBS by a tie-vote, confirming the disallowance of goodwill amortization but limiting the applicable penalty to <ix:nonFraction name="bud:RevisedPenaltyPayableInPercentage" contextRef="PAsOn10_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_MagMemberifrsfullBusinessCombinationsAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93059">75</ix:nonFraction>%. This decision is not final and is subject to review by the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_MagMemberifrsfullBusinessCombinationsAxis_TaxassessmentnineMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93060">0.3</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_MagMemberifrsfullBusinessCombinationsAxis_TaxassessmentnineMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93061">0.1</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has continued to take the same deductions for the calendar years following the assessed periods (2021 to February 2022). Therefore, if Ambev receives similar tax assessments for this period, Ambev management believes the outcome would be consistent with the already assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Disallowance of tax paid abroad </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2014, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related to the 2010 tax period), which became definitive. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For the assessments related to the periods of 2015 and 2016, Ambev received unfavorable decisions at the Upper Administrative Court in three out of four tax assessments and filed an appeal to the first-level judicial court in November 2023, which awaits judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In July 2024, the Lower Administrative Court rendered a favorable decision to Ambev in one case related to the 2012 calendar year, but also rendered an unfavorable decision related to evidentiary formalities in a separate case discussing the offset of foreign tax credits for the same calendar year. Ambev has filed an appeal with the judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2025, Ambev received new tax assessments from the Brazilian Federal Tax Authorities challenging the offsets of foreign tax credits for the 2019 calendar year for which it filed a defense. In September 2025, Ambev received an unfavorable decision and appealed to the Lower Administrative Court. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The other cases are still awaiting final decisions at both administrative and judicial courts. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In connection with the disallowance of tax paid abroad, the Brazilian Federal Tax Authorities filed additional tax assessments to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue deductions of taxes paid abroad. Ambev has received tax assessments charging such fines for calendar years 2015 to 2020. For the tax assessments related to the periods of 2016, 2018 and 2019, Ambev received unfavorable decisions from the First-Level Administrative Court and filed appeals in connection therewith, which are pending judgment by the Lower Administrative Court. For the tax assessments related to the periods of 2015 and 2017, Ambev received (i)&#160;an unfavorable decision by the Lower Administrative Court for the case related to the 2015 tax period in August 2024, which was confirmed by the Upper Administrative Court in August 2025 and appealed to the judicial court by Ambev; and (ii)&#160;a favorable decision for the case related to the 2017 tax period in August 2024, for which the tax authorities have filed an appeal to the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The tax assessment charging isolated fine for calendar year 2020 was received in October 2025 and Ambev has filed a defense with the First-Level Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_DisallowanceOfTaxPaidAbroadMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93062">19.1</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_DisallowanceOfTaxPaidAbroadMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93063">3.5</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has continued to take the same deductions for the calendar years following the assessed periods (2018, 2020 to 2025). Therefore, if Ambev receives similar tax assessments for these periods, Ambev management believes the outcome would be consistent with the already assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presumed Profit </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2016, Arosuco (a subsidiary of Ambev) received a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income tax and the social contribution on net profits instead of the &#8220;real profit&#8221; method. In September </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">72</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_6" continuedAt="TextSelectionAppend_155774111_7"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_7" continuedAt="TextSelectionAppend_155774111_8"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_8" continuedAt="TextSelectionAppend_155774111_9"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">2017, Arosuco received an unfavorable first-level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In March 2019, Arosuco received a new tax assessment regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first-level administrative decision and filed an appeal with the Lower Administrative Court. In February 2024, Arosuco received a favorable decision, which was appealed by the tax authorities to the Upper Administrative Court. In September 2025, the Upper Administrative Court rendered an unfavorable decision to Arosuco, which upheld the tax authorities&#8217; arguments and remanded the case to the Lower Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ArosucoMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_RioDeJaneiroMemberifrsfullGeographicalAreasAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93064">0.6</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ArosucoMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_RioDeJaneiroMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93065">0.1</ix:nonFraction></div> billion US dollar). Arosuco has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Deductibility of IOC expenses </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2013, as approved in a Shareholders Meeting, Ambev implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares company, among other reasons. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares of its controlled entity, Companhia de Bebidas das Am&#233;ricas, into Ambev. As one of the results of this restructuring, the counterpart register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s share was accounted, as per IFRS 10/CPC 36 and ICPC09, in an equity account of Ambev referred to as carrying value adjustment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As a result of this restructuring, since 2019, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities related to the interest on capital (&#8220;IOC&#8221;) deduction in calendar years 2014 to 2021. The assessments refer primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and its impact on the increase in the deductibility of IOC expenses. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In all of the cases Ambev obtained partially favorable decisions at the First-Level Administrative Court and filed appeals to the Lower Administrative Court. The appeals related to tax assessments involving calendar years 2014 and 2017 to 2021 await judgment by the Lower Administrative Court. The favorable portion of the decisions rendered by the First-Level Administrative Court in these cases is subject to mandatory review by the Lower Administrative Court as well. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">With respect to the tax assessment involving calendar years 2015 and 2016, in May 2024 Ambev obtained an unfavorable decision at the Lower Administrative Court on the merits under discussion, but favorable as it relates to the fines charged by the tax authorities, as the court decision cancelled the qualified penalties charged. In December 2024, the favorable portion of the decision became final, and Ambev appealed the unfavorable portion to the Lower Administrative Court. The Lower Administrative Court did not accept the appeal, and in October 2025, Ambev filed appeals (i)&#160;to the Upper Administrative Court, with respect to the main merits of the assessment and (ii)&#160;to the judicial courts on a specific portion of the 2015 assessment. In December 2025, Ambev received an unfavorable decision from the first-level judicial court that did not analyze the merits of the specific portion of the 2015 assessment as the court determined it would also involve the main merits. Ambev will continue to pursue the matter in the judicial courts. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_DeductibilityOfIocExpensesMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93066">30.8</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_DeductibilityOfIocExpensesMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93067">5.6</ix:nonFraction></div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The uncertain tax position, as per IFRIC 23, continued to be adopted by Ambev as it also distributed or accrued IOC in the years following the assessed period (2022-2023) and deducted such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2021, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent with the already assessed periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2023, Law No.&#160;14,789/2023 (introduced in August 2023 as Provisional Measure No.&#160;1,185), was enacted in Brazil, which changed the calculation basis for interest on equity effective as of 1&#160;January 2024. As a result, effective as of 1&#160;January 2024, the uncertain tax treatment, as per IFRIC 23, is limited only to Corporate Income Taxes calculated in accordance with rules and regulations in place prior to the enactment of Law No.&#160;14,789/2023. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">73</div></ix:exclude></div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_9" continuedAt="TextSelectionAppend_155774111_10"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_10" continuedAt="TextSelectionAppend_155774111_11"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_11" continuedAt="TextSelectionAppend_155774111_12"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Disallowance on Income Tax deduction </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2020, Arosuco, a subsidiary of Ambev, received a tax assessment from the Brazilian Federal Tax Authorities regarding the disallowance of the income tax reduction benefit provided for in Provisional Measure No.&#160;2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020, the First-Level Administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2024, the Lower Administrative Court rendered a partially favorable decision in favor of Arosuco recognizing its right to benefit from the income tax reduction, which was appealed by the tax authorities and confirmed by the Administrative Council of Tax Appeals (CARF) in August 2025. The remaining unfavorable portion of the decision concerns approximately <ix:nonFraction name="bud:AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" contextRef="P02_01_2024To02_29_2024" unitRef="Unit_BRL" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93068">100</ix:nonFraction>&#160;million Brazilian real (<ix:nonFraction name="bud:AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" contextRef="P02_01_2024To02_29_2024" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93069">18</ix:nonFraction> million US dollar) and relates to the claim regarding a difference in the methodology for calculating the benefit. Due to the confirmation of the favorable portion of the decision, there has been a reduction in the possible contingency of approximately <ix:nonFraction name="bud:ReductionContingentLiabilities" contextRef="P02_01_2024To02_29_2024" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93070">2.8</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:ReductionContingentLiabilities" contextRef="P02_01_2024To02_29_2024" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93071">0.5</ix:nonFraction></div> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ArosucoMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_DisallowanceOfTaxPaidAbroadMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_BRL" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93072">192</ix:nonFraction>&#160;million Brazilian real (<ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ArosucoMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_DisallowanceOfTaxPaidAbroadMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93073">35</ix:nonFraction> million US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">This uncertain tax position, as per IFRIC 23, continued to be applied by Arosuco impacting calendar years following those assessed (2019-2024) in which it benefited from the income tax reduction provided for in Provisional Measure No.&#160;2199-14/2001. In the event Arosuco is questioned on this matter for future periods, and on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent with the previously assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ICMS VALUE ADDED TAX, EXCISE TAX (&#8220;IPI&#8221;) AND TAXES ON NET SALES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Manaus Free Trade Zone &#8211; IPI / Social contributions </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In Brazil, goods manufactured within the Manaus Free Trade Zone (&#8220;MFTZ&#8221;) intended for remittance elsewhere in Brazil are exempt and/ or zero-rated from excise tax (&#8220;IPI&#8221;) and social contributions (&#8220;PIS/COFINS&#8221;). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">With respect to IPI, Ambev&#8217;s subsidiaries have been registering IPI presumed tax credits upon the acquisition of exempted goods manufactured therein and since 2009 have been receiving a number of tax assessments and denials of offset requests from the Brazilian Federal Tax Authorities relating to the disallowance of such credits. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2019, the Brazilian Supreme Court (&#8220;STF&#8221;) announced its judgment on Extraordinary Appeal No.&#160;592.891/SP, with binding effect, recognizing the right of taxpayers to register IPI presumed credits on acquisitions of raw materials and exempted inputs originating from MFTZ. As a result of this decision, Ambev reclassified part of the amounts related to the IPI cases to remote loss. Other issues related to additional discussions that were not included in the analysis of the STF, such as discussions related to the applicable tariff code for concentrate units, remained classified as possible loss. The cases are being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev, through its subsidiary Arosuco, has also received tax assessments from the Brazilian Federal Tax Authorities in relation to PIS/COFINS amounts allegedly due on Arosuco&#8217;s remittance to Ambev subsidiaries. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2024, the Lower Administrative Court rendered an unfavorable decision to Arosuco regarding the PIS/COFINS case, by a casting vote. After receiving notification of the judgment, Arosuco filed a lawsuit to have the dispute decided at the judicial level, which is pending decision. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these proceedings to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_ManausFreeTradeZoneIpiSocialContributionsMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93074">7.3</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_ManausFreeTradeZoneIpiSocialContributionsMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93075">1.3</ix:nonFraction></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">IPI Suspension </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2014 and 2015, Ambev received tax assessments from the Brazilian Federal Tax Authorities relating to IPI allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both the administrative and judicial levels. In July 2022, Ambev received the first judicial decision on this matter, which was unfavorable to Ambev, and filed an appeal. In July 2023, the Federal Court rendered its decision on the appeal, annulling the first-level decision and ordering the production of technical evidence as requested by Ambev in order to demonstrate the proper collection of IPI. The federal government has filed motions for clarification against this decision, which are pending judgment by the Federal Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev in one of the cases related to this matter, which ordered a tax audit to determine the amount of the tax already effectively paid. In January 2024, Ambev </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">74</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_12" continuedAt="TextSelectionAppend_155774111_13"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_13" continuedAt="TextSelectionAppend_155774111_14"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_14" continuedAt="TextSelectionAppend_155774111_15"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">was notified of the results of the tax audit, which were partially favorable to Ambev, reducing <ix:nonFraction name="bud:PercentageReductionInTheAmountPayableToTaxAuthorities" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IPIExciseTaxMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93076">98</ix:nonFraction>% of the amount allegedly owed by Ambev in this case. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. In December 2024, the case was judged unfavorably to Ambev and is pending appeal. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IPIExciseTaxMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93077">1.3</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IPIExciseTaxMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93078">0.2</ix:nonFraction></div></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS tax credits </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2018 and 2021, Ambev received tax assessments from the States of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from transactions with suppliers located in the MFTZ. With regard to the assessment issued by the State of Rio Grande do Sul, Ambev received a favorable judgment at the Lower Administrative Court, which was amended by the Upper Administrative Court in favor of the tax authorities. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. With respect to the assessments issued by the State of S&#227;o Paulo, all were decided unfavorably to Ambev at the first administrative level, and Ambev has filed appeals at the Lower Administrative Court. In two of these cases, Ambev received an unfavorable decision from the Lower Administrative Court, which are not final and have been appealed to the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible losses related to these assessments to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMemberifrsfullGeographicalAreasAxis_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93079">0.9</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMemberifrsfullGeographicalAreasAxis_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93080">0.2</ix:nonFraction></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS-ST Trigger </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Over the years, Ambev has been receiving tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant states, cases in which the state tax authorities contend that the calculation basis should be based on a value-added percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases are being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2025, the STF rendered its judgment on a separate constitutional case, Extraordinary Appeal No.&#160;882,461 (&#8220;Theme 816&#8221;), which in part established a <ix:nonFraction name="bud:PercentageOfMaximumLimitForLateFines" contextRef="P02_01_2025To02_28_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IcmsstTriggerMemberifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93081">20</ix:nonFraction>% limit for late fines. This limit established by Theme 816 applies to certain of Ambev&#8217;s cases relating to these tax assessments, resulting in a reclassification of the risk of loss from possible to remote for a portion of the assessed amount totaling <ix:nonFraction name="bud:AmountOfReclassificationOfRemoteLoss" contextRef="P02_01_2025To02_28_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IcmsstTriggerMemberifrsfullGeographicalAreasAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93082">0.8</ix:nonFraction> billion Brazilian real (<ix:nonFraction name="bud:AmountOfReclassificationOfRemoteLoss" contextRef="P02_01_2025To02_28_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IcmsstTriggerMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93083">0.2</ix:nonFraction> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In July 2025, Law No.&#160;25,378/2025 of the state of Minas Gerais, which limits the application of isolated fines to a maximum of <ix:nonFraction name="bud:TaxPenaltyLimitAppliedPercent" contextRef="PAsOn07_31_2025" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93084">50</ix:nonFraction>% of the tax due, was enacted. This law is applicable to certain of Ambev&#8217;s cases relating to these tax assessments, and resulted in a reclassification of the risk of loss from possible to remote in the approximate amount of <ix:nonFraction name="bud:TaxLitigationMinasGeraisLawImpact" contextRef="PAsOn07_31_2025" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93085">1.0</ix:nonFraction> billion Brazilian real (<ix:nonFraction name="bud:TaxLitigationMinasGeraisLawImpact" contextRef="PAsOn07_31_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93086">0.2</ix:nonFraction> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2025, Ambev received new tax claims from the State of Maranh&#227;o in the amount of approximately <ix:nonFraction name="bud:TaxLitigationMaranhaoNewClaims" contextRef="PAsOn11_30_2025" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93087">1.4</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:TaxLitigationMaranhaoNewClaims" contextRef="PAsOn11_30_2025" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93088">0.3</ix:nonFraction></div> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the total possible loss related to this issue to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IcmsstTriggerMemberifrsfullGeographicalAreasAxis" unitRef="Unit_BRL" decimals="-9" scale="9" format="ixt:num-dot-decimal" id="ixv-93089">12</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IcmsstTriggerMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93090">2.2</ix:nonFraction></div></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS-PRODEPE </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Over the years, Ambev has received some tax assessments in relation to the ICMS tax incentive program of the State of Pernambuco (PRODEPE). In 2015, Ambev received tax assessments from the state regarding alleged differences in the ICMS tax collected relating to the rectification of errors in a handful of ancillary obligations included in Ambev&#8217;s tax filing. In 2017, Ambev received a final favorable decision recognizing the tax assessments were null due to formal errors. In September 2018, Ambev received a new tax assessment relating to the same ICMS differences. In June 2020, Ambev received a partially favorable decision at the first administrative level that recognized new formal errors in the tax assessment. The favorable portion of the decision became final in 2023. The second administrative level did not recognize Ambev&#8217;s appeal of the unfavorable portion of the decision, which Ambev appealed to the judicial level in March 2024 where it awaits judgement. There are other cases being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the total possible loss related to this issue to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_ICMSPRODEPEMemberifrsfullGeographicalAreasAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93091">0.9</ix:nonFraction> billion Brazilian real (<ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_ICMSPRODEPEMemberifrsfullGeographicalAreasAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93092">0.2</ix:nonFraction> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">75</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_15" continuedAt="TextSelectionAppend_155774111_16"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_16" continuedAt="TextSelectionAppend_155774111_17"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_17" continuedAt="TextSelectionAppend_155774111_18"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">SOCIAL CONTRIBUTIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2015, Ambev has received tax assessments issued by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. Most of the cases were cancelled at the administrative level with one case being tried at the judicial level. Following an unfavorable decision to Ambev at the first-level judicial court, the case is now pending decision by the second-level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IntegrationProgramSocialSecurityFinancingLevyMemberBUDContingentLiabilitiesFinancialInstitutionAxis_TaxAssessmentEightMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93093">0.6</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IntegrationProgramSocialSecurityFinancingLevyMemberBUDContingentLiabilitiesFinancialInstitutionAxis_TaxAssessmentEightMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93094">0.1</ix:nonFraction></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TAX FINES ON BRAZILIAN CORPORATE INCOME TAX ANCILLARY OBLIGATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2021, Ambev has been receiving tax assessments charging penalties related to the preparation of Brazilian Corporate Income Tax Ancillary Obligation with allegedly inaccurate, incorrect, or omitted information. </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">Ambev</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> has three assessments on this matter for calendar years 2018, 2019 and 2020. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Regarding the 2018 calendar year, Ambev received a partially favorable decision from the First-Level Administrative Court and filed an appeal against the unfavorable portion with the Lower Administrative Court, which is pending judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2024, Ambev received a tax assessment for the 2019 calendar year and received an unfavorable decision from the First-Level Administrative Court. Ambev filed an appeal with the Lower-Administrative Court, which is pending judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2025, Ambev received a tax assessment for the 2020 calendar year and filed a defense with the First-Level Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_BRL" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93095">1.0</ix:nonFraction> billion Brazilian real (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93096">0.2</ix:nonFraction></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S TANZANIAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Tanzania Breweries Limited (&#8220;TBL&#8221;), a subsidiary of AB InBev in Tanzania, received a tax assessment for <ix:nonFraction name="bud:OriginalAssessmentFromSARSToCCBAAlreadySettled" contextRef="PAsOn12_31_2025_TanzaniaBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_TaxContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis_TZifrsfullGeographicalAreasAxis" unitRef="Unit_TZS" decimals="-9" scale="9" format="ixt:num-dot-decimal" id="ixv-93097">850</ix:nonFraction> billion Tanzanian shillings (<ix:nonFraction name="bud:OriginalAssessmentFromSARSToCCBAAlreadySettled" contextRef="PAsOn12_31_2025_TanzaniaBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_TaxContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93098">0.3</ix:nonFraction> billion US dollar) related to income tax on the alleged capital gain derived from the change in underlying ownership of TBL which the Tanzania Revenue Authority claims was more than 50% following the 2016 combination of SAB and AB InBev. TBL filed an appeal to the Tax Revenue Appeals Board with a hearing date initially scheduled for June 2025, which has been postponed to facilitate settlement discussions. No related provision has been made based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S SOUTH AFRICAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The South African Revenue Service (&#8220;SARS&#8221;) conducted an audit of AB InBev&#8217;s South African subsidiary, the South African Breweries (Pty) Ltd. (&#8220;SAB&#8221;), in relation to the 2017 repurchase of SAB&#8217;s equity stake in Coca-Cola Beverages Africa (Pty) Ltd (&#8220;CCBA&#8221;), the Coca-Cola bottling business in Africa, by CCBA and the related subscription for shares in CCBA by subsidiaries of The Coca-Cola Company (&#8220;TCCC&#8221;). The assessment from SARS claimed that SAB owed <ix:nonFraction name="bud:OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_ZAR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93099">6.4</ix:nonFraction> billion South African Rand (<div style="display:inline;"><ix:nonFraction name="bud:OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93100">0.4</ix:nonFraction></div> billion US dollar) in taxes plus penalties and interest, which as at the time of assessment totalled <ix:nonFraction name="bud:OriginalAssessmentFromSARSAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_ZAR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93101">17.7</ix:nonFraction> billion Rand (<div style="display:inline;"><ix:nonFraction name="bud:OriginalAssessmentFromSARSAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93102">1.0</ix:nonFraction></div> billion US dollar). The repurchase transaction also included an indemnity for certain tax liabilities of CCBA. CCBA notified SAB that CCBA had received an assessment from SARS for <ix:nonFraction name="bud:OriginalAssessmentFromSARSToCCBAAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_ZAR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93103">8.9</ix:nonFraction> billion Rand (<div style="display:inline;"><ix:nonFraction name="bud:OriginalAssessmentFromSARSToCCBAAlreadySettled" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93104">0.5</ix:nonFraction></div> billion US dollar). Both of these assessments were contested. Both disputes have been resolved and SAB has paid <ix:nonFraction name="bud:AmountPayableInRespectOfTaxMattersSettledGross" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_ZAR" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93105">4.5</ix:nonFraction> billion South African Rand (<div style="display:inline;"><ix:nonFraction name="bud:AmountPayableInRespectOfTaxMattersSettledGross" contextRef="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93106">0.3</ix:nonFraction></div> billion US dollar) in respect of these South African tax matters to SARS. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S PERUVIAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s Peruvian majority owned subsidiaries, Union de Cervecerias Peruanas Backus&#160;&amp; Johnston (&#8220;Backus&#8221;) and Cerveceria San Juan S.A (&#8220;San Juan&#8221;), challenged the amount of excise tax paid to the Peru tax authority (SUNAT) for the years 2014 to 2019. SUNAT initiated tax audits for the periods involved, rejected the refund claims and assessed further excise taxes for the period of 2017 to 2019. If Backus and San Juan are successful, no excise tax would ultimately be payable and the claim could result in the refund of approximately <ix:nonFraction name="bud:ClaimOnDividendsOfShares" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_PEN" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93107">3.0</ix:nonFraction> billion Peruvian sol (<div style="display:inline;"><ix:nonFraction name="bud:ClaimOnDividendsOfShares" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93108">0.9</ix:nonFraction></div> billion US dollar). If unsuccessful, management estimates the possible loss to be approximately <ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_PEN" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93109">2.1</ix:nonFraction> billion Peruvian sol (<div style="display:inline;"><ix:nonFraction name="bud:LossContingencyEstimateOfPossibleLoss1" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93110">0.6</ix:nonFraction></div> billion US dollar). Backus and San Juan have pre-paid a portion of the amounts assessed (<ix:nonFraction name="bud:AssessmentAmountOfPrepaidBySubsidiaries" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_PEN" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93111">0.5</ix:nonFraction> billion Peruvian sol (<ix:nonFraction name="bud:AssessmentAmountOfPrepaidBySubsidiaries" contextRef="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93112">0.1</ix:nonFraction> billion US dollar)), pending outcome of the challenge and any appeal(s). In November 2024, Backus and its main UK shareholder submitted an arbitration request to the International Centre for Settlement of Investment Disputes (ICSID), against Peru, claiming that </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">76</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_18" continuedAt="TextSelectionAppend_155774111_19"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_19" continuedAt="TextSelectionAppend_155774111_20"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_20" continuedAt="TextSelectionAppend_155774111_21"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">the tax assessments violated international law. In June 2025, the arbitral tribunal issued a provisional measure pursuant to which Backus, San Juan, and AB InBev Southern Investment Ltd shall not be required to make any further payments until the tribunal has issued its final decision. No related provision for this matter has been made based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">OTHER TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2015, the European Commission opened an in-depth state aid investigation into the Belgian excess profit ruling system. On 11&#160;January 2016, the European Commission adopted a negative decision finding that the Belgian excess profit ruling system constitutes an aid scheme incompatible with the internal market and ordering Belgium to recover the incompatible aid from a number of aid beneficiaries. The Belgian authorities contacted the companies that had benefitted from the system and advised each company of the amount of incompatible aid that is potentially subject to recovery. The European Commission&#8217;s decision was appealed to the European Union&#8217;s General Court by Belgium on 22&#160;March 2016 and by AB InBev on 12&#160;July 2016. On 14&#160;February 2019, the European General Court concluded that the Belgian excess profit ruling system does not constitute illegal state aid. The European Commission appealed the judgment to the European Court of Justice. The public hearing in the framework of the appeal proceedings took place on 24&#160;September 2020 and AB InBev was heard as an intervening party. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 3&#160;December 2020, the Advocate General (AG) of the European Court of Justice presented her non-binding opinion on the appeal procedure related to the 11&#160;January 2016 opening decision, stating that, contrary to the 14&#160;February 2019 judgment of the European General Court, the Belgian excess profit ruling system would fulfil the legal requirements for an &#8220;aid scheme&#8221;. In the initial European General Court judgment, the court limited itself to finding the Belgian excess profit rulings were not an &#8220;aid scheme&#8221;, but did not consider whether they constituted State aid. Consequently, the AG advised the European Court of Justice to refer the case back to the European General Court to review whether the Belgian excess profit rulings constitute State aid. On 16&#160;September 2021, the European Court of Justice agreed with the AG and concluded that the excess profit ruling system constitutes an aid scheme and set aside the judgment of the European General Court. The case was referred back to the European General Court to decide whether the Belgian excess profit ruling system constitutes illegal State aid as well as the other remaining open issues in the appeal. On 20&#160;September 2023, the European General Court upheld the European Commission&#8217;s decision. That judgment has been appealed by AB InBev and other parties to the European Court of Justice. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Following the initial annulment of the European Commission&#8217;s decision by the European General Court in 2019, the European Commission opened new state aid investigations into the individual Belgian tax rulings, including the one issued to AB InBev in September 2019, to remedy the concerns that had led to the annulment. These investigations relate to the same rulings that were the subject of the European Commission&#8217;s decision issued on 11&#160;January 2016. AB InBev has filed its observations in respect of the opening decisions with the European Commission. On 28&#160;October 2021, the European Commission stayed the new state aid investigations into the individual Belgian tax rulings pending final resolution of the case. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In addition, the Belgian tax authorities have also questioned the validity and the actual application of the excess profit ruling that was issued in favor of AB InBev and have refused the actual tax exemption which it confers. AB InBev has filed a court claim against such decision before the Brussels court of first instance which ruled in favor of AB InBev on 21&#160;June 2019, and again on 9&#160;July 2021 for subsequent years. The Belgian tax authorities appealed both judgments. On 11&#160;June 2025, the Brussels Court of Appeal rendered a judgement in favor of AB InBev for calendar years 2011 and 2012&#160;</div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">in one of the claims</div>, which was not appealed and is now final.<div style=";text-indent: 0px;display:inline;"> Other claims for the calendar years in question, 2011-2015, remain outstanding on appeal.</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2019, AB InBev deposited <ix:nonFraction name="ifrs-full:LongtermDeposits" contextRef="PAsOn01_24_2019_EuropeanCommissionDecisionMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_EUR" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93113">68</ix:nonFraction>&#160;million euro (<ix:nonFraction name="ifrs-full:LongtermDeposits" contextRef="PAsOn01_24_2019_EuropeanCommissionDecisionMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93114">80</ix:nonFraction> million US dollar) in a blocked account. Depending on the final outcome of the European Court procedures on the Belgian excess profit ruling system, as well as the pending Belgian court cases, this amount will either be slightly modified, released back to the company or paid over to the Belgian State. In connection with the European Court procedures, AB InBev recognized a provision of <ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn01_24_2019_EuropeanCommissionDecisionMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_EUR" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93115">68</ix:nonFraction>&#160;million euro (<div style="display:inline;"><ix:nonFraction name="ifrs-full:Provisions" contextRef="PAsOn01_24_2019_EuropeanCommissionDecisionMemberifrsfullClassesOfContingentLiabilitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93116">80</ix:nonFraction></div> million US dollar) in 2020. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">SOUTH KOREAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During the year ended 31&#160;December 2023, Oriental Brewery Co., Ltd. (&#8220;OB&#8221;), a subsidiary in South Korea recorded a <ix:nonFraction name="bud:ExceptionalChargeForTaxAuditClaim" contextRef="P01_01_2023To12_31_2023" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93117">66</ix:nonFraction>&#160;million US dollar exceptional charge relating to a customs audit claim. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During the year ended 31&#160;December 2025, OB recorded a <ix:nonFraction name="bud:ExceptionalChargeForTaxAuditClaim" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93118">20</ix:nonFraction>&#160;million US dollar exceptional charge related to these customs audit claims for the remaining audit periods. Accordingly, the aggregate amount of exceptional charges related to such claims was <ix:nonFraction name="bud:AggregateExceptionalChargeForTaxAuditClaim" contextRef="P01_01_2025To12_31_2025" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93119">86</ix:nonFraction>&#160;million US dollar as of 31&#160;December 2025. </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">The claims are</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> being contested. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In the second quarter of 2025, one of OB&#8217;s employees was indicted in South Korea for embezzlement from OB and commercial bribery, and for alleged customs tax evasion related to the importation of malt covered in the 2023 customs </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">77</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774111_21" continuedAt="TextSelectionAppend_155774111_22"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774111_22" continuedAt="TextSelectionAppend_155774111_23"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774111_23"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">duties audit claim. OB, OB&#8217;s subsidiary ZX Ventures, OB&#8217;s head of logistics and OB&#8217;s chief executive officer were also indicted as joint defendants for the allegation of customs tax evasion. OB and the joint defendants are defending against the customs tax evasion charges. The potential penalty exposure is not expected to be material to AB InBev. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CERBUCO BREWING ARBITRATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;) a Canadian subsidiary of Ambev, owns a <ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CerbucoBrewingIncMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_CerveceriaBucaneroSaMemberifrsfullJointVenturesAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93120">50</ix:nonFraction>% equity ownership in Cerveceria Bucanero S.A. (&#8220;Bucanero&#8221;), a joint venture in Cuba. In 2021, Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#8220;ICC&#8221;), relating to the potential breach of certain obligations relating to the joint venture. On 24&#160;October 2024, the ICC released an arbitration award partially favorable to Cerbuco. The decision is final and the second phase of the arbitration relating to quantification of damages is ongoing. In May 2025, Cerbuco was notified of a lawsuit filed by Coralsa (its joint venture partner) in Paris seeking annulment of the arbitration award. This new case is ongoing, and no decision has yet been made on it. 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<td style="width: 5%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30.</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93129">18 394</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93130">17 498</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93131">10 958</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93132">10 945</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93133">8 264</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93134">7 976</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93135">3 832</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93136">3 924</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93137">1 947</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93138">2 186</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93139">608</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93140">605</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity attributable to equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93141">15 977</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93142">15 930</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93143">10 262</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93144">10 184</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93145">156</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93146">151</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93147">66</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93148">56</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93149">15 751</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93150">16 678</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93151">15 920</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93152">5 764</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93153">6 246</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93154">6 856</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93155">2 854</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93156">2 768</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93157">2 987</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93158">520</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93159">750</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93160">880</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Attributable to:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93161">2 767</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93162">2 692</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93163">2 895</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93164">489</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93165">719</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93166">852</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93167">87</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93168">76</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93169">92</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93170">31</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93171">31</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93172">28</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93173">2 854</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93174">2 768</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93175">2 987</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93176">520</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93177">750</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93178">880</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93179">1 759</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93180">1 677</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93181">1 909</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93182">287</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93183">694</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93184">286</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93185">1 095</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93186">4 445</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93187">1 078</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93188">807</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93189">56</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93190">594</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Attributable to:</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93191">1 028</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93192">4 337</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93193">1 011</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93194">772</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93195">33</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93196">567</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93197">66</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93198">108</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93199">67</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93200">35</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93201">23</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93202">27</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized cash flow information</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from operating activities</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93203">4 364</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93204">4 866</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93205">4 934</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93206">951</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93207">1 135</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CashFlowsFromUsedInOperatingActivities" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93208">1 811</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from investing activities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93209">884</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93210">1 019</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93211">1 151</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93212">324</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93213">409</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInInvestingActivities" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93214">447</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from financing activities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93215">4 779</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93216">1 930</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93217">3 218</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93218">738</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93219">903</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CashFlowsFromUsedInFinancingActivities" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93220">621</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net increase/(decrease) in cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93221">1 298</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93222">1 917</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93223">565</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93224">111</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93225">177</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:IncreaseDecreaseInCashAndCashEquivalents" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93226">743</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid by Ambev and its subsidiaries to non-controlling interests (i.e., to entities outside the AB InBev Group) amounted to <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterests" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93227">1.4</ix:nonFraction> billion US dollar for 2025 (2024: <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterests" contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93228">0.8</ix:nonFraction> billion US dollar; 2023: <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterests" contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-8" scale="9" format="ixt:num-dot-decimal" id="ixv-93229">1.0</ix:nonFraction> billion US dollar). In 2025, Budweiser APAC and its subsidiaries paid a final dividend related to the financial year 2025 to non-controlling interests amounting to <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93230">119</ix:nonFraction>m US dollar (2024: <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" contextRef="P01_01_2024To12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93231">119</ix:nonFraction>m US dollar; 2023: <ix:nonFraction name="ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" contextRef="P01_01_2023To12_31_2023_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93232">94</ix:nonFraction>m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-controlling interests not deemed individually material by the company mainly related to the company&#8217;s operations in Africa in association with the Castel Group (e.g., Botswana, Ghana, Mozambique, Nigeria, Tanzania, Uganda and Zambia), as well as non-controlling interests in US-based metal container operations from Apollo Global Management, Inc. (&#8220;Apollo&#8221;) and non-controlling interests recognized in respect of the company&#8217;s subsidiaries in Colombia, Ecuador and Peru. </div></div> </ix:continuation><ix:nonNumeric name="ifrs-full:DisclosureOfRelatedPartyExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774630" id="ixv-71560"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31. Related parties </div></div></div></div> <div style="font-family: Arial; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH DIRECTORS AND EXECUTIVE COMMITTEE MEMBERS (KEY MANAGEMENT PERSONNEL) </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;">AB InBev&#8217;s Executive Committee members&#8217; compensation consists of short-term employee benefits (primarily salaries) and post-employment benefits from pension plans of their respective country &#8211; see also Note 23<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Pensions and similar obligations</div></div>. 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<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> Committee&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> &#8195;Committee&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> &#8195;Committee&#8195;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="P01_01_2025To12_31_2025_DirectorsMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93233">2</ix:nonFraction>&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="P01_01_2025To12_31_2025_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93234">11</ix:nonFraction>&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="P01_01_2024To12_31_2024_DirectorsMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93235">2</ix:nonFraction>&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="P01_01_2023To12_31_2023_DirectorsMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93237">2</ix:nonFraction>&#8195;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" contextRef="P01_01_2024To12_31_2024_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93240">55</ix:nonFraction>&#8195;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="P01_01_2025To12_31_2025_DirectorsMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93242">2</ix:nonFraction>&#8195;</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="P01_01_2025To12_31_2025_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93243">68</ix:nonFraction>&#8195;</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="P01_01_2024To12_31_2024_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93245">70</ix:nonFraction>&#8195;</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="P01_01_2023To12_31_2023_DirectorsMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93246">2</ix:nonFraction>&#8195;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="P01_01_2023To12_31_2023_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93247">58</ix:nonFraction>&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Directors&#8217; compensation consists mainly of directors&#8217; fees. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, AB InBev entered into the following transactions: </div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease of commercial premises and the acquisition of natural gas from and the sale of malt-based beverages and beer to companies in which one of the company&#8217;s Board Member had a significant influence as of 31&#160;December 2025. 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The outstanding balance of these transactions as of 31&#160;December 2025 amounts to <ix:nonFraction name="ifrs-full:OtherIncome" contextRef="P01_01_2025To12_31_2025_BavariaSAMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93251">11</ix:nonFraction>m US dollar (31 December 2024: <ix:nonFraction name="ifrs-full:OtherIncome" contextRef="P01_01_2024To12_31_2024_BavariaSAMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93252">9</ix:nonFraction>m US dollar; 31&#160;December 2023: <ix:nonFraction name="ifrs-full:OtherIncome" contextRef="P01_01_2023To12_31_2023_BavariaSAMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93253">3</ix:nonFraction>m US dollar). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">7<div style="display:inline;">9</div></div></ix:exclude></div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774630" continuedAt="TextSelectionAppend_155774630_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774630_1" continuedAt="TextSelectionAppend_155774630_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774630_2"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">JOINTLY CONTROLLED ENTITIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interests in joint ventures include two entities in Brazil, one in Mexico and two in Canada. None of these joint ventures are material to the company. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH ASSOCIATES </div></div></div></div> <ix:nonNumeric name="bud:DisclosureOfTransactionsBetweenAssociateExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-71861"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Significant interests in associates are shown in note 16 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates</div></div>. 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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93254">19</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-93255">215</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2023To12_31_2023_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-93256">233</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93257">102</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93258">102</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2023_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93259">108</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93260">13</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93261">7</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2023_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-dot-decimal" id="ixv-93262">9</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"/> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH PENSION PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s transactions with pension plans mainly comprise (<ix:nonFraction name="bud:OtherExpense" contextRef="P01_01_2025To12_31_2025_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-93263">12</ix:nonFraction>)m US dollar other expense to pension plans in the US in 2025 (2024: (<ix:nonFraction name="bud:OtherExpense" contextRef="P01_01_2024To12_31_2024_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-93264">12</ix:nonFraction>)m US dollar; 2023: (<ix:nonFraction name="bud:OtherExpense" contextRef="P01_01_2023To12_31_2023_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-dot-decimal" id="ixv-93265">13</ix:nonFraction>)m US dollar). </div></div> </ix:continuation><ix:nonNumeric name="bud:DisclosureOfSupplementalGuarantorInformationExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" continuedAt="TextSelection_155774388" id="ixv-72009"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">32. Supplemental guarantor financial information </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">European public debt </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Certain debt securities issued outside the United States in reliance on Regulation S by Anheuser-Busch InBev SA/NV (&#8220;ABISA&#8221;) under its Euro Medium-Term Note Programme are guaranteed by Anheuser-Busch InBev Worldwide Inc. (&#8220;ABIWW&#8221;), Anheuser-Busch InBev Finance Inc. (&#8220;ABIFI&#8221;), Anheuser-Busch Companies, LLC (&#8220;ABC&#8221;), Brandbrew S.A. (&#8220;Brandbrew&#8221;), Brandbev S.&#224; r.l. (&#8220;Brandbev&#8221;) and Cobrew NV (&#8220;Cobrew&#8221;) (collectively, the &#8220;Subsidiary Guarantors&#8221;). ABISA owns, directly or indirectly, <ix:nonFraction name="ifrs-full:PercentageOfVotingEquityInterestsAcquired" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_pure" decimals="2" scale="-2" format="ixt:num-dot-decimal" id="ixv-93266">100</ix:nonFraction>% of each of the Subsidiary Guarantors. The information presented below has been presented to satisfy the disclosure requirements of the United Kingdom Financial Conduct Authority. </div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized Financial Information </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The first five columns in the table below present summarized financial information for (i)&#160;ABISA, (ii)&#160;ABIWW, (iii)&#160;ABIFI and (iv)&#160;ABC, and (v)&#160;Brandbrew, Brandbev and Cobrew. Investments in consolidated subsidiaries are presented under the equity method of accounting as &#8220;Other non-current assets&#8221;. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The final column presents financial information for ABISA and the Subsidiary Guarantors on a combined basis after elimination of intercompany transactions and balances among them and excluding investments in and equity in the earnings of both non-Guarantor Subsidiaries and Guarantor Subsidiaries. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">80</div></ix:exclude> </div></div> </ix:nonNumeric></div> </div> <ix:continuation id="TextSelection_155774388" continuedAt="TextSelectionAppend_155774388_1"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774388_1" continuedAt="TextSelectionAppend_155774388_2"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><ix:continuation id="TextSelectionAppend_155774388_2" continuedAt="TextSelectionAppend_155774388_3"><ix:nonNumeric name="bud:DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-72039">
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<td style="font-family: Arial;"/> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2025</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABISA</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93267">561</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93268">12 632</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93269">60</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93270">13 134</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93271">518</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93272">5 791</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93273">55</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93274">6 254</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93275">43</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93276">6 840</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93277">5</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93278">6 879</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93279">74</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93280">1 008</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93281">5 649</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93282">17</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93283">4</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93284">4 693</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774245">178</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774247">4</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774248">119</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93288">1</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774246">57</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93290">148</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93291">1 004</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93292">1 073</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93293">18</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93294">2 243</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774844">757</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774842">2 832</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774260">13</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774843">71</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774845">36</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774841">3 469</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of result of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93301">2</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93302">2</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93303">28</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93304">402</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93305">3</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93306">165</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93307">4</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93308">201</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93309">638</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93310">1 426</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93311">10</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93312">980</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93313">50</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93314">1 023</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93315">7 475</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93316">1 220</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93317">239</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93318">1 632</ix:nonFraction></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93319">10 566</ix:nonFraction>)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93320">6 837</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93321">206</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93322">10</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93323">1 220</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93324">1 681</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93325">10 566</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93326">1 023</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 86%; font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
<td style="font-family: Arial;"/>
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<td style="font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2024</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABISA</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93327">507</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93328">12 877</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93329">61</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Revenue" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93330">13 323</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93331">470</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93332">6 024</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93333">55</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93334">6 440</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93335">37</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93336">6 852</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93337">6</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:GrossProfit" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93338">6 883</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93339">139</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93340">1 081</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93341">5 607</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-93342">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93343">6</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:SellingGeneralAndAdministrativeExpenses" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93344">4 659</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774810">633</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774809">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774808">106</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="Fact_155774811">-</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:MiscellaneousOtherOperatingIncomeExpense" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774807">523</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93350">530</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93351">1 077</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93352">1 139</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-93353">-</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93354">2 747</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774794">588</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774793">1 496</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774795">18</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774792">891</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="Fact_155774791">248</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="Fact_155774790">2 709</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93361">83</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93362">129</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93363">4</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93364">76</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93365">9</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93366">43</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93367">141</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93368">290</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93369">14</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93370">172</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93371">240</ix:nonFraction></div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLossFromContinuingOperations" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93372">5</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93373">5 995</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93374">408</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93375">236</ix:nonFraction></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93376">869</ix:nonFraction></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:ProfitLossAttributableToSubsidiaries" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93377">7 509</ix:nonFraction>)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93378">5 855</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93379">118</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93380">14</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93381">408</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93382">1 109</ix:nonFraction></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93383">7 509</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93384">5</ix:nonFraction>)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 80pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 80pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div>
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<td style="width: 1%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses) and Net finance income/(expense) include exceptional items. </div></div> </td> </tr> </table> </ix:nonNumeric> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:exclude>F-<div style="display:inline;">81</div></ix:exclude> </div></div></ix:continuation> </div> </div> <ix:continuation id="TextSelectionAppend_155774388_3" continuedAt="TextSelectionAppend_155774388_4"><ix:exclude><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div></ix:exclude></ix:continuation> <ix:continuation id="TextSelectionAppend_155774388_4" continuedAt="TextSelectionAppend_155774388_5"><ix:exclude><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153); clear: both;"/></ix:exclude></ix:continuation> <div style="text-align: center;"> <div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"> <ix:continuation id="TextSelectionAppend_155774388_5" continuedAt="TextSelectionAppend_155774388_6"><div style="clear: both; max-height: 0px; text-indent: 0px;"></div></ix:continuation> </div> </div> <div style="text-align:center"> <div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto"><ix:continuation id="TextSelectionAppend_155774388_6"><ix:nonNumeric name="bud:DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-73895">
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<td style="vertical-align: top; white-space: nowrap; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Statement of Financial Position</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;As at 31&#160;December 2025</div> <div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;">&#160;</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Million US dollar</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Eliminations</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93385">4 727</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93386">3 759</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93387">3 330</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93388">42 756</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93389">6 520</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93390">17 128</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93391">43 964</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93392">114 509</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93393">103 244</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93394">5</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93395">117 583</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93396">27 418</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93397">301 511</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93398">61 248</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93399">119 236</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93400">107 003</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93401">3 335</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93402">160 339</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93403">33 938</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93404">318 638</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93405">105 212</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93406">11 090</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93407">5 120</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93408">465</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93409">9 250</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93410">2 855</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93411">10 468</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93412">18 313</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93413">292</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93414">344</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93415">10</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93416">1 977</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93417">6 019</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93418">8 642</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93419">11 383</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93420">5 464</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93421">476</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93422">11 227</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93423">8 873</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93424">10 468</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93425">26 954</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93426">87 288</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93427">50 730</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93428">415</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93429">133 928</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93430">28 247</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93431">301 511</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93432">903</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93433">13 613</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93434">22 718</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93435">8 561</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93436">509</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93437">17 128</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93438">28 273</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93439">28 386</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93440">23 030</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93441">3 303</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93442">22 544</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93443">133</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93444">77 397</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93445">41 999</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93446">45 748</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93447">3 303</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93448">31 105</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93449">642</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93450">17 128</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93451">105 670</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93452">325</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93453">15 476</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:fixed-zero" id="ixv-93454">-</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93455">2 744</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93456">8 228</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93457">10 468</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93458">16 305</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93459">1 007</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93460">513</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93461">92</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93462">3 789</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93463">5 694</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93464">11 094</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93465">1 332</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93467">92</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93468">6 533</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93469">13 922</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93470">10 468</ix:nonFraction>)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93471">27 400</ix:nonFraction></div></div></div></td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93472">11 779</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93473">8 792</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93474">3 472</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93475">39 257</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93476">6 629</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93477">15 415</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93478">54 513</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93479">103 542</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93480">102 143</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93481">1</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93482">124 340</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93483">27 309</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93484">295 233</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93485">62 104</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93486">115 321</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93487">110 935</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93488">3 473</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93489">163 597</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93490">33 938</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93491">310 648</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93492">116 617</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93493">2 373</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93494">94</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93495">459</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93496">8 162</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93497">1 338</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93498">6 757</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueFromSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93499">5 669</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93500">251</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93501">116</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93502">8</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93503">1 598</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93504">3 327</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93505">5 301</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93506">2 625</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93507">210</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93508">467</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93509">9 760</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93510">4 666</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93511">6 757</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentAssets" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93512">10 971</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93513">78 237</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93514">50 936</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93515">405</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93516">132 668</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93517">28 542</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93518">295 233</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:Equity" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93519">4 445</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93520">15 265</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93521">23 444</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93522">11 080</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93523">484</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93524">15 415</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:NonCurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93525">34 858</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93526">22 647</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93527">25 920</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93528">3 443</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93529">24 256</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93530">64</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherNoncurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93531">76 330</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93532">37 912</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93533">49 364</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93534">3 443</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93535">35 336</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93536">548</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93537">15 415</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:NoncurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93538">111 188</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93539">181</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93540">10 295</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93541">5</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93542">1 908</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93543">3 827</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(<ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93544">6 757</ix:nonFraction>)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:CurrentReceivablesDueToSubsidiaries" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93545">9 459</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93546">1 617</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93547">550</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93548">88</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93549">3 445</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93550">5 686</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:OtherCurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93551">11 385</ix:nonFraction></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93552">1 798</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93553">10 845</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93554">93</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93555">5 353</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93556">9 513</ix:nonFraction></div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis" unitRef="Unit_USD" decimals="-6" scale="6" sign="-" format="ixt:num-comma-decimal" id="ixv-93557">6 757</ix:nonFraction>)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_USD" decimals="-6" scale="6" format="ixt:num-comma-decimal" id="ixv-93558">20 844</ix:nonFraction></div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BOifrsfullGeographicalAreasAxis_CERVECERIABOLIVIANANACIONALSAMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93571">52.68</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Botswana</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BWifrsfullGeographicalAreasAxis_KGALAGADIBREWERIESPTYLTDMemberifrsfullConsolidatedStructuredEntitiesAxis" id="Fact_155774135">Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone</ix:nonNumeric>&#185;</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BWifrsfullGeographicalAreasAxis_KGALAGADIBREWERIESPTYLTDMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93573">31.06</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazil</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullConsolidatedStructuredEntitiesAxis_BRifrsfullGeographicalAreasAxis" id="ixv-93574">Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#176; Andar Itaim Bibi - S&#227;o Paulo</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullConsolidatedStructuredEntitiesAxis_BRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93575">61.73</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canada</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CAifrsfullGeographicalAreasAxis_LABATTBREWINGCOMPANYLIMITEDMemberifrsfullConsolidatedStructuredEntitiesAxis" id="ixv-93576">Labatt Brewing Company Limited - 207 Queen&#8217;s Quay West, Suite 299 - M5J 1A7 - Toronto</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CAifrsfullGeographicalAreasAxis_LABATTBREWINGCOMPANYLIMITEDMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93577">61.73</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chile</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CERVECERIACHILESAMemberifrsfullConsolidatedStructuredEntitiesAxis_CLifrsfullGeographicalAreasAxis" id="ixv-93578">Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CERVECERIACHILESAMemberifrsfullConsolidatedStructuredEntitiesAxis_CLifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93579">61.73</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">China</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevChinaSalesCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" id="ixv-93580">Anheuser-Busch Inbev (China) Sales Company Limited - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevChinaSalesCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93581">87.22</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevWuhanBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" id="ixv-93582">Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevWuhanBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93583">84.66</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevSedrinBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" id="ixv-93584">Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevSedrinBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93585">87.22</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevSuqianBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" id="ixv-93586">Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevSuqianBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93587">87.22</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BlueGirlBeerGuangzhouCompanyLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" id="ixv-93588">Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BlueGirlBeerGuangzhouCompanyLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_CNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93589">56.69</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BavariaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_COifrsfullGeographicalAreasAxis" id="ixv-93590">Bavaria&#160;&amp; Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BavariaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_COifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93591">99.16</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Czech Republic</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CZifrsfullGeographicalAreasAxis_PivovarSamsonaASMemberifrsfullConsolidatedStructuredEntitiesAxis" id="ixv-93592">Pivovar Samson s.r.o. - Lidick&#225; 458/51, 37001 - &#268;esk&#233; Bud&#283;jovice</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CZifrsfullGeographicalAreasAxis_PivovarSamsonaASMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93593">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dominican Republic</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_DOifrsfullGeographicalAreasAxis" id="ixv-93594">Cervecer&#237;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo</ix:nonNumeric><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_DOifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93595">59.56</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ecuador</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalCNSaMemberifrsfullConsolidatedStructuredEntitiesAxis_ECifrsfullGeographicalAreasAxis" id="ixv-93596">Cervecer&#237;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#237;o Daule&#160;- EC090150 - Guayaquil, Guayas</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalCNSaMemberifrsfullConsolidatedStructuredEntitiesAxis_ECifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93597">95.58</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BUDWEISERBREWINGCOAPACTLTDMemberifrsfullConsolidatedStructuredEntitiesAxis_HKifrsfullGeographicalAreasAxis" id="ixv-93610">Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay</ix:nonNumeric></div></div> </td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CrownBeersIndiaLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis" id="ixv-93612">Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CrownBeersIndiaLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93613">87.22</ix:nonFraction>%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_ANHEUSERBUSCHINBEVINDIALIMITEDMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis" id="ixv-93614">Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Italy</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevItaliaSPAMemberifrsfullConsolidatedStructuredEntitiesAxis_ITifrsfullGeographicalAreasAxis" id="ixv-93616">Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevItaliaSPAMemberifrsfullConsolidatedStructuredEntitiesAxis_ITifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93617">100.00</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BrasserieDeLuxembourgMouselDiekirchMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis" id="ixv-93618">Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BrasserieDeLuxembourgMouselDiekirchMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93619">98.30</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CerveceriaModeloDeMexicoDeSDERLDECVMemberifrsfullConsolidatedStructuredEntitiesAxis_MXifrsfullGeographicalAreasAxis" id="ixv-93620">Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City</ix:nonNumeric></div></div> </td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CerveceriaModeloDeMexicoDeSDERLDECVMemberifrsfullConsolidatedStructuredEntitiesAxis_MXifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93621">100.00</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CervejasDEMocambiqueSAMemberifrsfullConsolidatedStructuredEntitiesAxis_MZifrsfullGeographicalAreasAxis" id="ixv-93622">Cervejas De Mo&#231;ambique SA - Rua do Jardim 1329 - Maputo</ix:nonNumeric></div></div> </td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
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<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Africa</div> </td>
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<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_SabsaHoldingsLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93639">100.00</ix:nonFraction>%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_TheSouthAfricanBreweriesPtyLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZAifrsfullGeographicalAreasAxis" id="ixv-93640">The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_TheSouthAfricanBreweriesPtyLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZAifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93641">100.00</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Korea</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_KRWifrsfullGeographicalAreasAxis_OrientalBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis" id="ixv-93642">Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_KRWifrsfullGeographicalAreasAxis_OrientalBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93643">87.22</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_COMPANIACERVECERADECANARIASSAMemberifrsfullConsolidatedStructuredEntitiesAxis_ESifrsfullGeographicalAreasAxis" id="ixv-93644">Compa&#241;&#237;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_COMPANIACERVECERADECANARIASSAMemberifrsfullConsolidatedStructuredEntitiesAxis_ESifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93645">51.03</ix:nonFraction>%</div></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis" id="ixv-93646">Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93647">100.00</ix:nonFraction>%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_BEESGlobalAGMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis" id="ixv-93648">BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_BEESGlobalAGMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93649">100.00</ix:nonFraction>%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CHifrsfullGeographicalAreasAxis_InterbrewInternationalGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis" id="ixv-93650">Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</ix:nonNumeric></div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CHifrsfullGeographicalAreasAxis_InterbrewInternationalGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93651">100.00</ix:nonFraction>%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschAmericanHoldingsLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93668">Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschAmericanHoldingsLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93669">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93670">Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93671">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93672">Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93673">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInternationalIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93674">Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInternationalIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93675">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93676">Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93677">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschNorthAmericanHoldingCorporationMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93678">Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschNorthAmericanHoldingCorporationMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93679">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschAmericaInvestmentsLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93680">Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschAmericaInvestmentsLlcMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93681">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_ABMAZHoldingsLLCMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93682">AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_ABMAZHoldingsLLCMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="INF" scale="-2" format="ixt:num-dot-decimal" id="ixv-93683">100.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_MetalContainerCorporationIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" id="ixv-93684">MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_MetalContainerCorporationIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93685">50.10</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Uruguay</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_CerveceriaYMalteriaPaysanduSAMemberifrsfullConsolidatedStructuredEntitiesAxis_UYifrsfullGeographicalAreasAxis" id="ixv-93686">Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_CerveceriaYMalteriaPaysanduSAMemberifrsfullConsolidatedStructuredEntitiesAxis_UYifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93687">61.73</ix:nonFraction>%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Vietnam</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevVietnamBreweryCompanyLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_VNifrsfullGeographicalAreasAxis" id="ixv-93688">Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevVietnamBreweryCompanyLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_VNifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93689">87.22</ix:nonFraction>%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Zambia</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_ZambianBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_ZMifrsfullGeographicalAreasAxis" id="ixv-93690">Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="P01_01_2025To12_31_2025_ZambianBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_ZMifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93691">54.02</ix:nonFraction>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> </ix:continuation> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <ix:nonNumeric name="bud:SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" contextRef="P01_01_2025To12_31_2025" escape="true" id="ixv-77925"> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">LIST OF THE MOST IMPORTANT COMPANIES CONSOLIDATED BY APPLYING THE EQUITY METHOD OF ACCOUNTING (ASSOCIATES) </div></div></div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 98%; font-family: Arial;"/>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"/>
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<td style="font-family: Arial;"/>
<td style="font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;Name and registered office of associates</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">%&#160;economic&#160;interest&#160;as<br/> of 31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 3.75pt; font-family: Arial;"/> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">France</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_FRifrsfullGeographicalAreasAxis_SocieteDesBrasseriesEtGlacieresInternationalesSaMemberifrsfullConsolidatedStructuredEntitiesAxis" id="Fact_155774947">Soci&#233;t&#233; des brasseries et glaci&#232;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris</ix:nonNumeric></div><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_FRifrsfullGeographicalAreasAxis_SocieteDesBrasseriesEtGlacieresInternationalesSaMemberifrsfullConsolidatedStructuredEntitiesAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93693">20.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Luxembourg</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingAngolaLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93695">27.50</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93697">20.00</ix:nonFraction>%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_ABInBevEfesMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis" id="ixv-93698">AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_ABInBevEfesMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93699">50.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Turkey</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_AnadoluEfesBiracilikVeMaltSanayiiAsMemberifrsfullConsolidatedStructuredEntitiesAxis_TRifrsfullGeographicalAreasAxis" id="ixv-93700">Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#231;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#231;elievler Istanbul</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_AnadoluEfesBiracilikVeMaltSanayiiAsMemberifrsfullConsolidatedStructuredEntitiesAxis_TRifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93701">24.00</ix:nonFraction>%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Zimbabwe</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><ix:nonNumeric name="ifrs-full:AddressOfRegisteredOfficeOfEntity" contextRef="P01_01_2025To12_31_2025_DeltaCorporationLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZWifrsfullGeographicalAreasAxis" id="ixv-93702">Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare</ix:nonNumeric></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><ix:nonFraction name="bud:ProportionOfOwnershipInterestInAssociateAndJointVenture" contextRef="P01_01_2025To12_31_2025_DeltaCorporationLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZWifrsfullGeographicalAreasAxis" unitRef="Unit_pure" decimals="4" scale="-2" format="ixt:num-dot-decimal" id="ixv-93703">24.48</ix:nonFraction>%</div></td>
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<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Related to Castel group. </div></div> </td> </tr> </table> </ix:nonNumeric></ix:continuation> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">F-<div style="display:inline;">85</div> </div></div> </div> </div>
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<TYPE>EX-2.15
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<FILENAME>d65314dex215.htm
<DESCRIPTION>EX-2.15
<TEXT>
<HTML><HEAD>
<TITLE>EX-2.15</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 2.15 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESCRIPTION OF SECURITIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REGISTERED UNDER SECTION 12 OF THE EXCHANGE ACT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As of 31&nbsp;December 2025, Anheuser-Busch InBev SA/NV had the following series of securities registered pursuant to Section&nbsp;12(b) of the Act: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title of each class</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Trading symbol</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Name of each exchange on which registered</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Ordinary shares without nominal value</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange*</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>American Depositary Shares, each representing one ordinary share without nominal value</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>3.750% Notes due 2042 (issued July 2012)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD42A</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.000% Notes due 2043 (issued January 2013)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/43</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.625% Notes due 2044 (issued January 2014)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/44</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.700% Notes due 2036 (issued January 2016)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/36</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.900% Notes due 2046 (issued January 2016)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/46</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.950% Notes due 2042 (issued December 2016)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/42</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>6.625% Notes due 2033 (issued December 2016)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/33</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>5.875% Notes due 2035 (issued December 2016)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/35</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.375% Notes due 2038 (issued April 2018)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/38</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.600% Notes due 2048 (issued April 2018)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/48A</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.750% Notes due 2058 (issued April 2018)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/58</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.750% Notes due 2029 (issued January 2019)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/29</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.900% Notes due 2031 (issued January 2019)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/31</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>5.450% Notes due 2039 (issued January 2019)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/39A</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>5.550% Notes due 2049 (issued January 2019)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/49</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>5.800% Notes due 2059 (issued January 2019)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/59</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>3.500% Notes due 2030 (issued April 2020)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/30</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.350% Notes due 2040 (issued April 2020)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/40</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.500% Notes due 2050 (issued April 2020)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/50</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>4.600% Notes due 2060 (issued April 2020)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/60</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>5.000% Notes due 2034 (issued March 2024)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>BUD/34</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New York Stock Exchange</B></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Not for trading, but only in connection with the registration of American Depositary Shares representing such
ordinary shares, pursuant to the requirements of the Securities and Exchange Commission. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In this exhibit, references to
&#8220;<B>AB InBev</B>,&#8221; &#8220;<B>we</B>,&#8221; &#8220;<B>us</B>,&#8221; &#8220;<B>our</B>&#8221; and &#8220;<B>AB InBev Group</B>&#8221; are to, as the context otherwise requires, Anheuser-Busch InBev SA/NV, a Belgian public limited
liability company (<I>soci&eacute;t&eacute; anonyme/naamloze vennootschap</I>), and the group of companies owned and/or controlled by AB InBev. Capitalized terms used but not defined herein have the meanings given to them in AB InBev&#8217;s annual
report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> for the fiscal year ended 31&nbsp;December 2025 (the &#8220;<B>2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT></B>&#8221;). </P>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Description of Ordinary Shares </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Form and Transferability of Our Shares </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our share capital is represented by 2,019,241,973 shares without nominal value, of which 1,797,199,994 are Ordinary Shares registered pursuant
to Section&nbsp;12(b) of the Act. There are two classes of shares: all shares are Ordinary Shares, except for 222,041,979 Restricted Shares as of 31&nbsp;December 2025, which are not registered pursuant to Section&nbsp;12(b) of the Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Ordinary Shares can take the form of registered shares or dematerialized shares. Restricted Shares may only be held in registered form.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All of our shares are fully <FONT STYLE="white-space:nowrap">paid-up.</FONT> Ordinary Shares are freely transferable. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Changes to Our Share Capital </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Capital Increase by Our Shareholders&#8217; Meeting </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Changes to our share capital may be decided by our shareholders&#8217; meeting. Our shareholders&#8217; meeting may at any time decide to
increase or decrease our share capital. Such resolution must satisfy the following quorum and majority requirements: (i)&nbsp;a quorum of 50% of the issued share capital must be present or represented at the meeting, and (ii)&nbsp;the capital
increase must be approved by at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened where no quorum requirement applies but where the special 75% majority requirement
applies. See &#8220;&#8212;Description of the Rights and Benefits Attached to Our Shares&#8212;Right to Attend and Vote at Our Shareholders&#8217; Meeting&#8212;Quorum and Majority Requirements&#8221; below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Capital Increase by Our Board of Directors </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Subject to the same quorum and majority requirements described above, our shareholders&#8217; meeting may authorize our Board, within certain
limits, to increase our share capital without any further approval of shareholders, by way of authorized capital. This authorization needs to be limited in time (i.e., it can only be granted for a renewable period of a maximum of five years) and in
scope (i.e., the increase by way of authorized capital may not exceed the amount of the share capital at the time of the authorization). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At the annual shareholders&#8217; meeting on 27&nbsp;April 2022, our shareholders&#8217; meeting authorized our Board to increase the share
capital of AB InBev to an amount not to exceed 3% of the total number of shares issued and outstanding on 27&nbsp;April 2022 (i.e., 2,019,241,973). This authorization has been granted for five years from the date of publication of the amendment of
the Articles of Association resolved upon by the shareholders&#8217; meeting held on 27&nbsp;April 2022 (i.e., until 3&nbsp;June 2027). It can be used for several purposes, including when the sound management of our business or the need to react to
appropriate business opportunities calls for a restructuring, an acquisition (whether private or public) of securities or assets in one or more companies, or generally, any other appropriate increase of our capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Preferential Subscription Right and Anti-Dilution </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the event of a share capital increase by way of the issue of new shares, convertible bonds, bonds repayable in shares, subscription rights
or other financial instruments giving a right to shares (any such shares, bonds, rights or instruments being &#8220;Equity Interests&#8221;), all shareholders will have a preferential right to subscribe for any such Equity Interests, as set out in
and in accordance with Article 7:188 of the Belgian Companies Code. The preferential subscription right shall entitle each shareholder to subscribe for any new Equity Interests, pro rata to the proportion of existing share capital as he or she holds
immediately prior to such issue and subject to the rules of Article 7:188 of the Belgian Companies Code. Each shareholder may exercise his or her preferential right in whole or in part. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our shareholders&#8217; meeting may restrict or cancel the preferential subscription right, in accordance with Article 7:191 of the Belgian
Companies Code, for a purpose that is in our best interests, provided, however, that if the preferential subscription right is restricted or canceled with respect to any issuance in which any of our shareholders acquires any such Equity Interests,
all our shareholders shall be given the same right and be treated </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-2- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
in the same way. This requirement shall not apply when the preferential subscription right is restricted or canceled with respect to issuances of Equity Interests issued solely pursuant to stock
option plans or other compensation plans in the ordinary course of business. Where our shareholders&#8217; meeting has granted an authorization to our board of directors to effect a capital increase in the framework of the authorized capital and
such authorization allows our board of directors to do so, our board of directors may likewise restrict or cancel the preferential subscription right applying the same principles as set out in this paragraph. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any decision to restrict or cancel the preferential subscription right will require a quorum at the shareholders&#8217; meeting of
shareholders holding at least 50% of the share capital and, approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second
meeting, no quorum is required, but the relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No Restricted Shares shall be issued other than to a Restricted Shareholder exercising its preferential subscription right in respect of its
holding of Restricted Shares, without prejudice to the right of the Ordinary Shareholders to exercise their second ranking preferential subscription right in accordance with Article 7:188 of the Belgian Companies Code. In case of any event referred
to in Article 8.1 of our articles of association, Restricted Shareholders shall only be entitled or required to receive Restricted Shares in respect of the Restricted Shares held by them. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Certain shareholders (including shareholders resident in, or citizens of, certain jurisdictions, such as the United States, Australia, Canada
and Japan) may not be entitled to exercise such rights even if they are not disapplied unless the rights and related shares are registered or qualified for sale under the relevant legislative or regulatory framework. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Purchases and Sales of Our Own Shares </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We
may only acquire our own shares pursuant to a decision by our shareholders&#8217; meeting taken under the conditions of quorum and majority provided for in the Belgian Companies Code. Such a decision requires a quorum at the shareholders&#8217;
meeting of shareholders holding at least 50% of the share capital and approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the
second meeting, no quorum is required, but the relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On 28&nbsp;April 2021, our shareholders&#8217; meeting granted an authorization allowing us to acquire our shares, either on or outside of the
stock exchange, up to a maximum of 20% of the issued shares for a unitary price which will not be lower than one Euro and not higher than 20% above the highest closing price on Euronext Brussels in the last 20 trading days preceding the transaction.
This authorization is valid for five years as from the date of publication in the Belgian State Gazette of the amendment of the Articles of Association resolved upon by the shareholders&#8217; meeting held on 28&nbsp;April 2021 (i.e., until
1&nbsp;June 2026). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may only dispose of our own shares in accordance with the conditions of the Belgian Companies Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the shares acquired by us as a result of the merger between us and predecessor Anheuser-Busch InBev SA/NV, our Board shall be
entitled to dispose of such shares only in connection with (i)&nbsp;any share delivery obligations undertaken by us prior to 11&nbsp;November 2015, (ii) any stock option plans or other compensation plans (including the Zenzele schemes) or
(iii)&nbsp;any stock lending agreement or similar arrangement in respect of which we used our own shares for the purposes set out in items (i)&nbsp;and (ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item 16E. Purchases of Equity Securities by the Issuer&#8221; in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> for
details of our recent share repurchase programs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-3- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Description of the Rights and Benefits Attached to Our Shares </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Right to Attend and Vote at Our Shareholders&#8217; Meeting </I></B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Ordinary Shareholders&#8217; Meeting </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our
ordinary shareholders&#8217; meeting will be held on the last Wednesday of April of each year, at 11:00 a.m., Belgian time, in one of the municipalities of the Brussels-Capital Region, in Leuven or in Li&egrave;ge, at the place which will be
mentioned in the convening notice. If this date is a legal holiday, the meeting will be held on the next business day at the same time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At this meeting, our Board and the statutory auditor will present a report on our management and financial situation as at the end of the
previous accounting year, which shall run from 1&nbsp;January to 31&nbsp;December. The shareholders will then vote on the approval of the annual accounts, the allocation of our profit or loss, the appointment or renewal, if necessary, of directors
or statutory auditors, remuneration of the directors and the auditor and the release from liability of the directors and the statutory auditor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The convening notice to the upcoming annual shareholders&#8217; meeting to be held on 29&nbsp;April 2026 will be published on 27&nbsp;March
2026 and will contain further information on the format of the meeting and modalities for participation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Ad hoc and Extraordinary Shareholders&#8217;
Meetings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Board or our statutory auditor (or the liquidators, if appropriate) may, whenever our interests so require, convene a
special or extraordinary shareholders&#8217; meeting. Such shareholders&#8217; meeting must also be convened every time one or more of our shareholders holding at least <FONT STYLE="white-space:nowrap">one-tenth</FONT> of our share capital so
demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Such shareholders&#8217; meetings shall be held on the day, at the hour and in the place designated by the convening notice. They
may be held at locations other than our registered office. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Notices Convening Our Shareholders&#8217; Meeting </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices of our shareholders&#8217; meetings contain the agenda of the meeting and the recommendations of our board of directors on the matters
to be voted upon. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices for our shareholders&#8217; meetings will be sent 30 days prior to the date of our shareholders&#8217; meetings
to the holders of our registered shares and to our directors and our statutory auditor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notices of all our shareholders&#8217; meetings
and all related documents, such as specific board of directors&#8217; and auditor&#8217;s reports, will also be published on our website. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Admission to
Meetings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All shareholders are entitled to attend our shareholders&#8217; meetings, take part in the deliberations and, within the
limits prescribed by the Belgian Companies Code and our articles of association, vote, provided they have complied with the formalities for admission set out in the convening notice. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The right to participate in and vote at a shareholders&#8217; meeting will require a shareholder to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">have the ownership of his or her shares recorded in his or her name on the 14th calendar day preceding the date
of the shareholders&#8217; meeting, either through registration in the register of our registered shares, for holders of registered shares, or through book-entry in the accounts of an authorized account holder or clearing organization, for holders
of dematerialized shares; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">notify us (or a person designated by us) at the latest on the sixth calendar day preceding the date of the
shareholders&#8217; meeting of his or her intention to participate in the meeting, indicating the number of shares in respect of which he or she intends to do so. In addition, a holder of dematerialized shares must, at the latest on the same day,
provide us (or a person designated by us) with an original certificate issued by an authorized account holder or a clearing organization certifying the number of shares owned by the relevant shareholder on the record date for the shareholders&#8217;
meeting and for which he or she has notified his or her intention to participate in that meeting. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-4- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Voting by Proxy </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any shareholder with the right to vote may either personally participate in the meeting or give a proxy to another person, who need not be a
shareholder, to represent him or her at the meeting. A shareholder may designate, for a given meeting, only one person as proxy holder, except in circumstances where Belgian law allows the designation of multiple proxy holders. The appointment of a
proxy holder may take place in paper form or electronically (in which case, the form shall be signed by means of an electronic signature in accordance with applicable Belgian law), through a form which shall be made available by us. The signed
original paper or electronic form must be received by us at the latest on the sixth calendar day preceding the date of the shareholders&#8217; meeting. Any appointment of a proxy holder shall comply with relevant requirements of applicable Belgian
law in terms of conflicting interests, record keeping and any other applicable requirements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Vote by Correspondence </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any shareholder with the right to vote may vote remotely in advance of our shareholders&#8217; meeting by sending a paper form or, if permitted
by us in the notice convening the meeting, by sending a form electronically (in which case, the form shall be signed by means of an electronic signature in accordance with applicable Belgian law). These forms shall be made available by us. Only
forms received by us at the latest on the sixth calendar day preceding the date of the meeting will be taken into account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Shareholders
voting remotely must, in order for their vote to be taken into account for the calculation of the quorum and voting majority, comply with the admission formalities set out in the convening notice. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Right to Request Items Be Added to the Agenda and to Ask Questions at the Shareholders&#8217; Meeting </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">One or more shareholders that together hold at least 3% of our share capital may request for items to be added to the agenda of any convened
meeting and submit proposals for resolutions with regard to existing agenda items or new items to be added to the agenda, provided that (i)&nbsp;they prove ownership of such shareholding as at the date of their request and record their shares
representing such shareholding on the record date for the relevant shareholders&#8217; meeting and (ii)&nbsp;the additional items to be added to the agenda and/or proposed resolutions have been sent in writing (by registered mail or <FONT
STYLE="white-space:nowrap">e-mail)</FONT> by these shareholders to our registered office no later than on the twenty-second day preceding the date of the relevant shareholders&#8217; meeting. Such shareholdings must be proven by a certificate
evidencing the registration of the relevant shares in our share register or by a certificate issued by the authorized account holder or the clearing organization certifying the book-entry of the relevant number of dematerialized shares in the name
of the relevant shareholder(s). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We shall acknowledge receipt of shareholders&#8217; requests within 48 hours and, if required, publish a
revised agenda of the shareholders&#8217; meeting at the latest on the 15th day preceding the date of the shareholders&#8217; meeting. The right to request that items be added to the agenda or that proposed resolutions in relation to existing agenda
items be submitted does not apply in case of a second shareholders&#8217; meeting that must be convened because the quorum was not obtained during the first shareholders&#8217; meeting. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Within the limits of Article 7:139 of the Belgian Companies Code, our directors and our auditor shall answer, during the shareholders&#8217;
meeting, any questions raised by shareholders. Shareholders may ask questions either during the meeting or in writing, provided that we receive the written question at the latest on the sixth day preceding the date of the shareholders&#8217;
meeting. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Quorum and Majority Requirements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of our shares is entitled to one vote except for shares owned by us, or by any of our subsidiaries, the voting rights of which are
suspended. Without prejudice to the specific rights and obligations attached to the Restricted Shares, the shares held by our principal shareholders do not entitle such shareholders to different voting rights. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-5- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Save as provided in the Belgian Companies Code and our articles of association, there will
be no quorum requirement at our shareholders&#8217; meetings and decisions will be taken by a simple majority vote. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Resolutions relating
to amendments of our articles of association or a merger or split are subject to special quorum and majority requirements. Specifically, any resolution on these matters will require the presence in person or by proxy of shareholders holding an
aggregate of at least 50% of our issued share capital, and the approval of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, the quorum
requirement will not apply. However, the special majority requirement will continue to apply. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Resolutions relating to the modification of
the rights attached to a particular class of our shares are subject to special quorum and majority requirements. Specifically, any resolution on these matters will require the presence in person or by proxy of shareholders holding an aggregate of at
least 50% of the issued share capital in each class of our shares and the approval of at least 75% of the votes cast at the meeting in each class of our shares (not counting abstentions). If there is no quorum, a second meeting must be convened. At
the second meeting, the quorum requirement will not apply. However, the special majority requirement will continue to apply. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any
modification of our corporate purpose will require a quorum of shareholders holding an aggregate of at least 50% of the share capital and approval by a qualified majority of at least 80% of the votes cast at the meeting (not counting abstentions).
If there is no quorum, a second meeting must be convened. At the second meeting, no quorum will be required, but the relevant resolution must be approved by a qualified majority of at least 80% of the votes cast at the meeting (not counting
abstentions). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any authorization to repurchase shares will require a quorum of shareholders holding an aggregate of at least 50% of the
share capital and approval by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). If there is no quorum, a second meeting must be convened. At the second meeting, no quorum will be required, but the
relevant resolution must be approved by a qualified majority of at least 75% of the votes cast at the meeting (not counting abstentions). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to Article 40 of our articles of association, any acquisition or disposal of tangible assets by us for an amount higher than the
value of <FONT STYLE="white-space:nowrap">one-third</FONT> of our consolidated total assets as reported in our most recent audited consolidated financial statements shall be within the exclusive jurisdiction of our shareholders&#8217; meeting and
shall be adopted with a positive vote of 75% of the shares attending or represented at the meeting, regardless of the number of shares attending or represented. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Dividends </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All of
our shares participate equally in our profits. Our Ordinary Shares (including our Ordinary Shares represented by our ADSs) and Restricted Shares have the same rights in relation to dividends and other distributions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Belgian Companies Code provides that dividends can only be paid up to an amount equal to the excess of our shareholders&#8217; equity over
the sum of <FONT STYLE="white-space:nowrap">(i)&nbsp;paid-up</FONT> or <FONT STYLE="white-space:nowrap">called-up</FONT> share capital and (ii)&nbsp;reserves not available for distribution pursuant to law or our articles of association. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In general, we may only pay dividends with the approval of the shareholders&#8217; meeting. The annual dividend payment (if any) will be
approved by our shareholders at our Ordinary Shareholders&#8217; meeting and will be paid on the dates and the places determined by our board of directors. In addition, our Board may declare interim dividends without shareholder approval, in
accordance with the provisions of the Belgian Companies Code and Article 44 of our articles of association. It is expected that our Board will decide the payment of dividends on a semi-annual basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See &#8220;Item&nbsp;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Dividend
Policy&#8221; in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> for further information on our current dividend policy. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Appointment of Directors </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under our articles of association, the directors are appointed as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">four independent directors will be appointed by our shareholders&#8217; meeting upon proposal by our board of
directors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">so long as the Stichting and/or any of its affiliates, any of their respective successors and/or
successors&#8217; affiliates own, in aggregate, more than 30% of the shares with voting rights in our share capital, eight directors will be appointed by our shareholders&#8217; meeting upon proposal by the Stichting (and/or any of its affiliates,
any of their respective successors and/or successors&#8217; affiliates); and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">so long as the Restricted Shareholders, together with their affiliates and/or any of their successors and/or
successors&#8217; affiliates, own in aggregate: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">more than 13.5% of the shares with voting rights in our share capital, three directors will be appointed by our
shareholders&#8217; meeting upon proposal by the Restricted Shareholders; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">more than 9% but not more than 13.5% of the shares with voting rights in our share capital, two directors will be
appointed by our shareholders&#8217; meeting upon proposal by the Restricted Shareholders; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">more than 4.5% but not more than 9% of the shares with voting rights in our share capital, one director will be
appointed by our shareholders&#8217; meeting upon proposal by the Restricted Shareholders; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="10%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">4.5% or less than 4.5% of the shares with voting rights in our share capital, the Restricted Shareholders will no
longer have the right to propose any candidate for appointment as a member of our board of directors and no directors will be appointed upon proposal by the Restricted Shareholders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The percentage of shares with voting rights in our share capital necessary for the appointment of directors as described in this section is
determined 120 days before our annual shareholders&#8217; meeting, i.e. 30&nbsp;December 2025 for the meeting to be held on 29&nbsp;April 2026. For purposes of this calculation, the denominator is determined in accordance with rules set out in
article 20 of our articles of association, which excludes certain shares which have been disposed of by us from treasury since the completion of the combination with SAB. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Liquidation Rights </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We can only be dissolved by a shareholders&#8217; resolution passed in accordance with the conditions laid down for the amendment of our
articles of association (i.e., with a majority of at least 75% of the votes cast (not counting abstentions) at an extraordinary shareholders&#8217; meeting where at least 50% of the share capital is present or represented). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If, as a result of losses incurred, the ratio of our net assets (determined in accordance with Belgian legal and accounting rules) to share
capital is less than 50%, our board of directors must convene an extraordinary shareholders&#8217; meeting within two months as of the date upon which our board of directors discovered or should have discovered this undercapitalization. At this
shareholders&#8217; meeting, our board of directors must propose either the dissolution of the company or the continuation of the company, in which case, our board of directors must propose measures to redress our financial situation.
Shareholders&#8217; resolutions relating to our dissolution are adopted in accordance with the conditions laid down for the amendments of our articles of association. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If, as a result of losses incurred, the ratio of our net assets to share capital is less than 25%, the same procedure must be followed;
provided, however, that in this instance, shareholders representing 25% of the votes validly cast at the relevant shareholders&#8217; meeting can decide to dissolve the company. If the amount of our net assets has dropped below EUR 61,500 (the
minimum amount of share capital of a Belgian limited liability company (<I>soci&eacute;t&eacute; anonyme / naamloze vennootschap</I>)), any interested party is entitled to request the competent court to dissolve the company. The court can order the
dissolution of the company or grant a grace period within which we may remedy the situation. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the event of our dissolution and liquidation, the assets remaining after payment of all
debts and liquidation expenses shall be distributed to the holders of our shares, each receiving a sum proportional to the number of our shares held by them. Our Ordinary Shares and Restricted Shares have the same rights in relation to all proceeds
of a dissolution, liquidation or <FONT STYLE="white-space:nowrap">winding-up.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Transactions with Major Shareholders
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to Article 41 of our Articles of Association, in the event of (i)&nbsp;a contribution in kind to us with assets owned by
any person or entity which is required to file a transparency declaration pursuant to applicable Belgian law or a subsidiary of such person or entity or (ii)&nbsp;a merger of the company with such a person or entity or a subsidiary of such person or
entity, then such person or entity and its subsidiaries shall not be entitled to vote on the resolution submitted to the shareholders&#8217; meeting to approve such contribution in kind or merger. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Disclosure of Significant Shareholdings </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the transparency disclosure thresholds set out by the applicable Belgian legislation (i.e., 5%, 10%, 15% and so on in five
percentage point increments), the disclosure obligation set out in such legislation shall also apply as soon as the amount of securities giving voting rights, voting rights and assimilated financial instruments held by a person acting alone or by
persons acting in concert reaches, exceeds or falls below a 3% or 7.5% threshold of the total outstanding voting rights. For details of our major shareholders, see &#8220;Item&nbsp;7. Major Shareholders and Related Party Transactions&#8212;A. Major
Shareholders&#8221; in the 2025 Form <FONT STYLE="white-space:nowrap">20-F.</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Mandatory Bid </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Public takeover bids for our shares and other securities, if any, are subject to supervision by the FSMA. Any public takeover bids must be
extended to all of our voting securities, as well as all other securities giving access to voting rights. Prior to making a bid, a bidder must publish a prospectus which has been approved by the FSMA prior to publication. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Belgium has implemented the Thirteenth Company Law Directive (European Directive 2004/25/EC of 21&nbsp;April 2004) in the Belgian Law of
1&nbsp;April 2007 on public takeover bids and the Belgian Royal Decree of 27&nbsp;April 2007 on public takeover bids. The Belgian Law of 1&nbsp;April 2007 on public takeover bids provides that a mandatory bid must be launched if a person, as a
result of his or her own acquisition or the acquisition by persons acting in concert with him or her or by persons acting for his or her account, directly or indirectly holds more than 30% of the voting rights in a company having its registered
office in Belgium and of which at least part of the voting securities are traded on a regulated market or on a multilateral trading facility, as designated by the Belgian Royal Decree of 27&nbsp;April 2007 on public takeover bids (as set out in
&#8220;Item 7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Shareholding Structure&#8221; in the 2025 Form <FONT STYLE="white-space:nowrap">20-F).</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The mere fact of exceeding the relevant threshold through the acquisition of shares will give rise to a mandatory bid, irrespective of whether
the price paid in the relevant transaction exceeds the current market price. The duty to launch a mandatory bid does not apply in case of an acquisition if it can be shown that a third party exercises control over us or that such third party holds a
larger stake than the person holding 30% of the voting rights. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are several provisions of Belgian company law and certain other
provisions of Belgian law, such as the obligations to disclose significant shareholdings and merger control regulations, that may apply to us and which may make an unsolicited tender offer, merger, change in management or other change in control
more difficult. These provisions could discourage potential takeover attempts that other shareholders may consider to be in their best interest and could adversely affect the market price of our shares. These provisions may also have the effect of
depriving the shareholders of the opportunity to sell their shares at a premium. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the board of directors of a Belgian company
may, in certain instances and subject to prior authorization by the shareholders, deter or frustrate public takeover bids through dilutive issuances of equity securities (pursuant to the company&#8217;s authorized capital) or through share <FONT
STYLE="white-space:nowrap">buy-backs</FONT> (i.e., the purchase of our own shares). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-8- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Limitations on the Right to Own Securities </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Neither Belgian law nor our articles of association imposes any general limitation on the right of
<FONT STYLE="white-space:nowrap">non-residents</FONT> or foreign persons to hold our securities or exercise voting rights on our securities other than those limitations that would generally apply to all shareholders. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-9- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Description of Debt Securities </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 5.000% Notes due 2034 </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2034 (the &#8220;<B>March 2024</B><B>&nbsp;Notes</B>&#8221;) will bear interest at a rate of 5.000% per year. The
Notes will be issued by Anheuser-Busch InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the March 2024 Notes) and are fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent
Guarantor</B>&#8221;), Anheuser-Busch InBev Finance Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC (the &#8220;<B>Subsidiary Guarantors,</B>&#8221; and together with the Parent Guarantor, the
&#8220;<B>Guarantors</B>&#8221;). The March 2024 Notes are listed on the New York Stock Exchange. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The March 2024 Notes are issued under a
supplemental indenture to the indenture dated as of April&nbsp;4, 2018 (the &#8220;<B>Indenture</B>&#8221;, with respect to the March 2024 Notes), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company,
N.A., as trustee, principal paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the Notes and the Indenture should be read together with &#8220;Description of Debt Securities
- Terms Applicable to the March 2024 Notes&#8221; below. This information, however, does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the March 2024 Notes and the Indenture,
including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The March 2024 Notes are senior unsecured obligations of the Issuer and rank equally with all other existing and future unsecured and
unsubordinated debt obligations of the Issuer. The March 2024 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The March 2024 Notes are issued in denominations of $1,000 and integral
multiples of $1,000 in excess thereof. The March 2024 Notes do not provide for any sinking fund. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The March 2024 Notes are initially
limited to $1,000,000,000 aggregate principal amount and will mature on June&nbsp;15, 2034. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the March 2024 Notes
until the principal of such March 2024 Notes is paid or duly made available for payment. Interest on the March 2024 Notes will be calculated on the basis of <FONT STYLE="white-space:nowrap">a&nbsp;360-day&nbsp;year</FONT> consisting of <FONT
STYLE="white-space:nowrap">twelve&nbsp;30-day&nbsp;months.</FONT> If the date of maturity of interest on or principal of the March 2024 Notes or the date fixed for redemption or payment in connection with an acceleration of the March 2024 Notes is
not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or
payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the March 2024
Notes will be paid to the persons in whose names the March 2024 Notes are registered at the close of business on the June&nbsp;1 and December&nbsp;1 immediately preceding the applicable interest payment date, whether or not such date is a Business
Day. The March 2024 Notes may, in addition, be redeemed at any time prior to maturity in the circumstances described under &#8220;&#8212;Optional Redemption&#8221; below and may be redeemed prior to maturity in the circumstances described under
&#8220;&#8212;Optional Tax Redemption&#8221; below. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem the March 2024 Notes, as a whole or in part at any time prior to the applicable Par Call Date (as set
forth in the table below), upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the March 2024 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the March 2024 Notes to be redeemed as if the March 2024 Notes to be redeemed matured on March&nbsp;15, 2034 (three months prior to maturity) (not including any portion of such payments of
interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming <FONT STYLE="white-space:nowrap">a&nbsp;360-day&nbsp;year</FONT> consisting of
<FONT STYLE="white-space:nowrap">twelve&nbsp;30-day&nbsp;months)</FONT> at the Treasury Rate plus 15 basis points; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-10- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount
being redeemed to (but excluding) the redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The March 2024 Notes will be redeemable in whole or in part, at the Issuer&#8217;s
option at any time and from time to time on or after March&nbsp;15, 2034 (three months prior to maturity), at a redemption price equal to 100% of the principal amount of the March 2024 Notes being redeemed, plus accrued and unpaid interest to, but
excluding the date of redemption. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The March 2024 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in part,
upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the March 2024 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being
redeemed (and all Additional Amounts (see &#8220;Description of Debt Securities&#8212;Terms Applicable to the March 2024 Notes&#8212;Additional Amounts&#8221; below), if any) to (but excluding) the redemption date, if (i)&nbsp;as a result of any
change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or any authority thereof or therein
having power to tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which becomes effective on or after
March&nbsp;19, 2024 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional Amounts, with respect to the March
2024 Notes and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the circumstances described under &#8220;Description
of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221; below;<I>&nbsp;provided, however</I>, that the April 2020 Notes of such series may not be redeemed to the
extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the March 2024 Notes to a Substitute Issuer, unless this assignment to a Substitute Issuer is undertaken as part of a plan of merger by Parent
Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing, the Issuer or the relevant Guarantor will deliver
to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result of a Change in Tax Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the relevant Guarantor would be
obligated to pay Additional Amounts if a payment in respect of the Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The foregoing provisions shall
apply<I>&nbsp;mutatis mutandis</I>&nbsp;to any successor person, after such successor person becomes a party to the Indenture. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to
the 3.500% Notes due 2030, 4.350% Notes due 2040, 4.500% Notes due 2050 and 4.600% Notes due 2060 </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2030
(the &#8220;<B>2030</B><B>&nbsp;Notes</B>&#8221;) will bear interest at a rate of 3.500% per year, the fixed rate notes due 2040 (the &#8220;<B>2040</B><B>&nbsp;Notes</B>&#8221;) will bear interest at a rate of 4.350% per year, the fixed rate notes
due 2050 (the &#8220;<B>2050</B><B>&nbsp;Notes</B>&#8221;) will bear interest at a rate of 4.500% per year and the fixed rate notes due 2060 (the &#8220;<B>2060 Notes</B>&#8221;, and together with the 2030 Notes, the 2040 Notes and the 2050 Notes,
the &#8220;<B>April 2020</B> <B>Notes</B>&#8221;) will bear interest at a rate of 4.600% per year. The Notes will be issued by Anheuser-Busch InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the April 2020 Notes) and are fully
and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Finance Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC (the
&#8220;<B>Subsidiary Guarantors,</B>&#8221; and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;). Each series of the April 2020 Notes is listed on the New York Stock Exchange. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-11- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the April 2020 Notes is issued under a separate supplemental indenture to the
indenture dated as of April&nbsp;4, 2018 (the &#8220;<B>Indenture</B>&#8221;, with respect to the April 2020 Notes), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal
paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the Notes and the Indenture should be read together with &#8220;Description of Debt Securities&#8212;Terms Applicable to
the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8221; below. This information, however, does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the April 2020 Notes
and the Indenture, including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The April 2020 Notes are senior unsecured obligations of the Issuer and rank equally with all other existing and future unsecured and
unsubordinated debt obligations of the Issuer. The April 2020 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The April 2020 Notes are issued in denominations of $1,000 and integral
multiples of $1,000 in excess thereof. The April 2020 Notes do not provide for any sinking fund. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2030 Notes are initially limited to
$1,750,000,000 aggregate principal amount and will mature on June&nbsp;1, 2030. The 2040 Notes are initially limited to $1,000,000,000 aggregate principal amount and will mature on June&nbsp;1, 2040. The 2050 Notes are initially limited to
$2,250,000,000 aggregate principal amount and will mature on June&nbsp;1, 2050. The 2060 Notes are initially limited to $1,000,000,000 aggregate principal amount and will mature on June&nbsp;1, 2060. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the April 2020 Notes of each series until the principal of such April 2020 Notes is paid or duly made available for
payment. Interest on the April 2020 Notes will be calculated on the basis of <FONT STYLE="white-space:nowrap">a&nbsp;360-day&nbsp;year</FONT> consisting of <FONT STYLE="white-space:nowrap">twelve&nbsp;30-day&nbsp;months.</FONT> If the date of
maturity of interest on or principal of any April 2020 Note or the date fixed for redemption or payment in connection with an acceleration of any April 2020 Note is not a Business Day, then payment of interest or principal need not be made on such
date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no interest shall accrue as a result of
the delayed payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the April 2020 Notes will be paid to the persons in whose names the April 2020 Notes are registered at
the close of business on the May&nbsp;17 and November&nbsp;16 immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The April 2020 Notes may, in addition, be redeemed at any time prior to maturity in
the circumstances described under &#8220;&#8212;Optional Redemption&#8221; below and may be redeemed prior to maturity in the circumstances described under &#8220;&#8212;Optional Tax Redemption&#8221; below. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Issuer may, at
its option, redeem each series of April 2020 Notes, as a whole or in part at any time prior to the applicable Par Call Date (as set forth in the table below), upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price
equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the April 2020 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the April 2020 Notes to be redeemed as if the April 2020 Notes to be redeemed matured on the applicable Par Call Date (as defined herein) (not including any portion of such payments of
interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming <FONT STYLE="white-space:nowrap">a&nbsp;360-day&nbsp;year</FONT> consisting of
<FONT STYLE="white-space:nowrap">twelve&nbsp;30-day&nbsp;months)</FONT> at the Treasury Rate plus the applicable Spread (as defined below) for such series of April 2020 Notes; </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount being redeemed to (but excluding) the redemption date.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-12- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Each of the April 2020 Notes will be redeemable in whole or in part, at the Issuer&#8217;s
option at any time and from time to time on or after the applicable Par Call Date, at a redemption price equal to 100% of the principal amount of the April 2020 Notes being redeemed, plus accrued and unpaid interest to, but excluding the date of
redemption. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="19%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="18%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Par Call Date</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Spread</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2030 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">March&nbsp;1, 2030 (three months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">45 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2040 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">December&nbsp;1, 2039 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">50 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2050 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">December&nbsp;1, 2049 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">50 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2060 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">December&nbsp;1, 2059 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">50 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means, with respect to the April 2020 Notes, Barclays
Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. or J.P. Morgan Securities LLC, as specified by the Issuer, or if all of these firms are unwilling or unable to serve in
that capacity, an independent investment banking institution of national standing in the United States appointed by the Issuer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221; means, with respect to the April 2020 Notes, (i)&nbsp;Barclays Capital Inc., BNP Paribas
Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, and their respective successors,<I> provided</I>,<I> however</I>, that if any of the foregoing shall cease to be a
primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii) any three other Primary Treasury Dealers selected by the
Issuer after consultation with an Independent Investment Banker. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">A series of April 2020 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in
part, upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the April 2020 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being
redeemed (and all Additional Amounts (see &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221; below), if any) to (but excluding) the redemption
date, if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or
any authority thereof or therein having power to tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which
becomes effective on or after April&nbsp;1, 2020 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional
Amounts, with respect to the April 2020 Notes of such series and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the
circumstances described under &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes &#8212;Additional Amounts&#8221; below;<I>&nbsp;provided, however</I>, that the April 2020
Notes of such series may not be redeemed to the extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the April 2020 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute
Issuer is undertaken as part of a plan of merger by Parent Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the
foregoing, the Issuer or the relevant Guarantor will deliver to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts
as a result of a Change in Tax Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the
Issuer or the relevant Guarantor would be obligated to pay Additional Amounts if a payment in respect of the Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The
foregoing provisions shall apply<I>&nbsp;mutatis mutandis</I>&nbsp;to any successor person, after such successor person becomes a party to the Indenture. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.750% Notes due 2029, 4.900% Notes due 2031, 5.450% Notes due 2039, 5.550% Notes due 2049 and 5.800% Notes due 2059
</U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2029 (the &#8220;<B>2029 Notes</B>&#8221;) will bear interest at a rate of 4.750% per year, the fixed
rate notes due 2031 (the &#8220;<B>2031 Notes</B>&#8221;) will bear interest at a rate of 4.900% per year, the fixed rate notes due 2039 (the &#8220;<B>2039 Notes</B>&#8221;) will bear interest at a rate of 5.450% per year, the fixed rate notes due
2049 (the &#8220;<B>2049 Notes</B>&#8221;) will bear interest at a rate of 5.550% per year and the fixed rate notes due 2059 (the &#8220;<B>2059 Notes</B>&#8221; and together with the 2029 Notes, the 2039 Notes and the 2049 Notes, the
&#8220;<B>January 2019 Notes</B>&#8221;) will bear interest at a rate of 5.800% per year. The Notes are issued by Anheuser-Busch InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the January 2019 Notes) and are fully and
unconditionally guaranteed by Anheuser-</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-13- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Finance Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC (the
&#8220;<B>Subsidiary Guarantors,</B>&#8221; and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;, with respect to the January 2019 Notes). Each series of the January 2019 Notes are listed on the New York Stock Exchange. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the January 2019 Notes is issued under a separate supplemental indenture to the indenture dated as of April&nbsp;4, 2018 (the
&#8220;<B>Indenture</B>&#8221;, with respect to the January 2019 Notes), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the
&#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the Notes and the Indenture should be read together with &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April
2018 Notes&#8221; below. This information, however, does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the January 2019 Notes and the Indenture, including the definitions of
certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The January 2019 Notes are senior unsecured obligations of the Issuer and will rank equally with all other existing and future unsecured and
unsubordinated debt obligations of the Issuer. The January 2019 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The January 2019 Notes were issued in denominations of $1,000 and integral
multiples of $1,000 in excess thereof. The January 2019 Notes do not provide for any sinking fund. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2029 Notes are initially limited
to $4,250,000,000 aggregate principal amount and will mature on 23&nbsp;January 2029. The 2031 Notes are initially limited to $750,000,000 aggregate principal amount and will mature on 23&nbsp;January 2031. The 2039 Notes are initially limited to
$2,000,000,000 aggregate principal amount and will mature on 23&nbsp;January 2039. The 2049 Notes are initially limited to $4,000,000,000 aggregate principal amount and will mature on 23&nbsp;January 2049. The 2059 Notes are initially limited to
$2,000,000,000 aggregate principal amount and will mature on 23&nbsp;January 2059. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the January 2019 Notes of each
series until the principal of such January 2019 Notes is paid or duly made available for payment. Interest on the January 2019 Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT
STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of interest on or principal of any January 2019 Note or the date fixed for redemption or payment in connection with an acceleration of any January 2019 Note is not a Business
Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection
with an acceleration, and no interest shall accrue as a result of the delayed payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the January 2019 Notes will be paid to
the persons in whose names the January 2019 Notes are registered at the close of business on the 8&nbsp;January and 8&nbsp;July immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The January 2019
Notes may, in addition, be redeemed at any time prior to maturity in the circumstances described under &#8220;&#8212;Optional Redemption&#8221; below and may be redeemed prior to maturity in the circumstances described under &#8220;&#8212;Optional
Tax Redemption&#8221; below. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem each series of January 2019 Notes, as a whole or in part at any time prior to the applicable Par Call
Date (as set forth in the table below), upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the January 2019 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the January 2019 Notes to be redeemed as if the January 2019 Notes to be redeemed matured on the applicable Par Call Date (as defined herein) (not including any portion of such payments of
interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) at the
Treasury Rate plus the applicable Spread (as defined herein) for such series of January 2019 Notes; </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above,
accrued and unpaid interest on the principal amount being redeemed to (but excluding) the redemption date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-14- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the January 2019 Notes will be redeemable in whole or in part, at the Issuer&#8217;s
option at any time and from time to time on or after the applicable Par Call Date, at a redemption price equal to 100% of the principal amount of the January 2019 Notes being redeemed, plus accrued and unpaid interest to, but excluding the date of
redemption. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="19%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="18%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Par Call Date</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Spread</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2029 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">23&nbsp;October 2028 (three months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">30 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2031 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">23&nbsp;October 2030 (three months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">35 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2039 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">23&nbsp;July 2038 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">40 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2049 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">23&nbsp;July 2048 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">40 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2059 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">23&nbsp;July 2058 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">45 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means, with respect to the January 2019 Notes, Barclays
Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC or Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, as specified by the Issuer, or if all of these firms are unwilling or unable to
serve in that capacity, an independent investment banking institution of national standing in the United States appointed by the Issuer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221; means, with respect to the January 2019 Notes, (i)&nbsp;Barclays Capital Inc., Citigroup Global
Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, and their respective successors, <I>provided</I>, <I>however</I>, that if any of the foregoing shall cease to be
a primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii)&nbsp;any three other Primary Treasury Dealers selected
by the Issuer after consultation with an Independent Investment Banker. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A series of January 2019 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not
in part, upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the January 2019 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount
being redeemed (and all Additional Amounts (see &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221;), if any) to (but excluding) the redemption
date, if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or
any authority thereof or therein having power to tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which
becomes effective on or after January&nbsp;10, 2019 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional
Amounts, with respect to the January 2019 Notes of such series and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under
the circumstances described under &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221; below; provided, however, that the Notes of such series
may not be redeemed to the extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the January 2019 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is
undertaken as part of a plan of merger by Parent Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing,
the Issuer or the relevant Guarantor will deliver to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result
of a Change in Tax Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the
relevant Guarantor would be obligated to pay Additional Amounts if a payment in respect of the January 2019 Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
foregoing provisions shall apply mutatis mutandis to any successor person, after such successor person becomes a party to the Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-15- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.375% Notes due 2038, the 4.600% Notes due 2048 and the 4.750% Notes due
2058: </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2038 (the &#8220;<B>2038 Notes</B>&#8221;) will bear interest at a rate of 4.375% per year, the
fixed rate notes due 2048 (the &#8220;<B>2048 Notes</B>&#8221;) will bear interest at a rate of 4.600% per year and the fixed rate notes due 2058 (the &#8220;<B>2058 Notes</B>&#8221; and together with the 2038 Notes and the 2048 Notes, the
&#8220;<B>April 2018 Notes</B>&#8221;) will bear interest at a rate of 4.750% per year. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The April 2018 Notes are issued by Anheuser-Busch
InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the April 2018 Notes) and are fully and unconditionally guaranteed by the Parent Guarantor, Anheuser-Busch InBev Finance Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew
NV, and Anheuser-Busch Companies, LLC (the &#8220;<B>Subsidiary Guarantors,</B>&#8221; and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;, with respect to the April 2018 Notes). The April 2018 Notes are listed on the New
York Stock Exchange. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the April 2018 Notes was issued under a separate supplemental indenture to the indenture dated as of
April&nbsp;4, 2018 (the &#8220;<B>Indenture</B>&#8221;, with respect to the April 2018 Notes), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer
agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the Notes and the Indenture should be read together with &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes,
January 2019 Notes and April 2018 Notes&#8221; below. This information, however, does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the April 2018 Notes and the Indenture,
including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2038 Notes were initially limited to $1,500,000,000 aggregate principal amount and will mature on April&nbsp;15, 2038. The 2048 Notes were
initially limited to $2,500,000,000 aggregate principal amount and will mature on April&nbsp;15, 2048. The 2058 Notes were initially limited to $1,500,000,000 aggregate principal amount and will mature on April&nbsp;15, 2058. The April 2018 Notes
are senior unsecured obligations of the Issuer and rank equally with all other existing and future unsecured and unsubordinated debt obligations of the Issuer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the April 2018 Notes will be paid to the persons in whose names the April 2018 Notes are registered at the close of business on
the April&nbsp;1 and October&nbsp;1 immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The April 2018 Notes may be redeemed at any time prior to maturity in the circumstances described under
&#8220;&#8212;Optional Redemption&#8221; and all of the outstanding April 2018 Notes may be redeemed prior to maturity in the circumstances described under &#8220;&#8212;Optional Tax Redemption.&#8221; </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at
its option, redeem each series of April 2018 Notes, as a whole or in part at any time prior to the applicable Par Call Date (as set forth in the table below), upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price
equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the April 2018 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the April 2018 Notes to be redeemed as if the April 2018 Notes to be redeemed matured on the applicable Par Call Date (as defined herein) (not including any portion of such payments of
interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) at the
Treasury Rate plus the applicable Spread (as defined herein) for such series of Notes; </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and
unpaid interest on the principal amount being redeemed to (but excluding) the redemption date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-16- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the April 2018 Notes will be redeemable in whole or in part, at the Issuer&#8217;s
option at any time and from time to time on or after the applicable Par Call Date, at a redemption price equal to 100% of the principal amount of the April 2018 Notes being redeemed, plus accrued and unpaid interest to, but excluding the date of
redemption. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="19%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="18%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Par Call Date</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Spread</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2038 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">October&nbsp;15, 2037 (six months prior to&nbsp;maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">25 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2048 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">October&nbsp;15, 2047 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">25 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2058 Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">October&nbsp;15, 2057 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">25 bps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means, with respect to the April 2018 Notes, Barclays
Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated or Mizuho Securities USA LLC, as specified by the Issuer, or if all of these firms are unwilling or unable to serve
in that capacity, an independent investment banking institution of national standing in the United States appointed by the Issuer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221; means, with respect to the April 2018 Notes, (i)&nbsp;Barclays Capital Inc., Deutsche Bank
Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated and Mizuho Securities USA LLC, and their respective successors, <I>provided</I>, <I>however</I>, that if any of the foregoing shall cease to be
a primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii)&nbsp;any three other Primary Treasury Dealers selected
by the Issuer after consultation with an Independent Investment Banker. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A series of April 2018 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in
part, upon not less than 10 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the April 2018 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being
redeemed (and all Additional Amounts (see &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221;), if any) to (but excluding) the redemption date,
if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or any
authority thereof or therein having power to tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which becomes
effective on or after March&nbsp;20, 2018 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional Amounts,
with respect to the Notes of such series and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the circumstances
described under &#8220;Description of Debt Securities&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8212;Additional Amounts&#8221; below; <I>provided, however</I>, that the April 2018 Notes of such series
may not be redeemed to the extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the April 2018 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is undertaken
as part of a plan of merger by Parent Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing, the Issuer
or the relevant Guarantor will deliver to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result of a
Change in Tax Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the
relevant Guarantor would be obligated to pay Additional Amounts if a payment in respect of the Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing
provisions shall apply mutatis mutandis to any successor person, after such successor person becomes a party to the Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-17- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the March 2024 Notes </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the purposes of this section &#8220;&#8212;Terms Applicable to the March 2024 Notes&#8221;: (i) the term &#8220;Notes&#8221; or &#8220;debt
securities&#8221; shall refer to the March 2024 Notes, (ii)&nbsp;the term &#8220;Issuer&#8221; shall refer to the Issuer under the March 2024 Notes, (iii)&nbsp;the term &#8220;Guarantor&#8221; shall refer to any Guarantor under the March 2024 Notes
and (iv)&nbsp;the term &#8220;Indenture&#8221; shall refer to the Indenture under the March 2024 Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Event of Default </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The occurrence and continuance of one or more of the following events will constitute an &#8220;<B>Event of Default</B>&#8221; under the
Indenture and under the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or
administrative error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided further</I> that, in the case of a redemption
payment, no Event of Default shall occur for 30 days following a failure to make such payment; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the
Notes shall already have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the
Parent Guarantor and the Trustee as provided in the Indenture, may declare the entire principal of all the Notes of such series, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event
of Default specified in paragraph (c)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder,
become immediately due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all
defaults and rescind and annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-18- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Trustee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon Trust Company, N.A. is the trustee and principal paying agent under each indenture. The trustee has two principal
functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a holder&#8217;s rights against us if we default on the Notes. There are some limitations
on the extent to which the trustee acts on a holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the holder&#8217;s interest payments,
transferring Notes to a new buyer and sending notices to holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some of our subsidiaries maintain deposit
accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 100 South 4th Street, Suite 550,
St. Louis, MO 63102. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an event of default occurs, or an event occurs that would be an event of default if the requirements for giving
us default notice or our default having to exist for a specific period of time were disregarded, the trustee may therefore be considered to have a conflicting interest with respect to the Notes or the applicable indenture for purposes of the Trust
Indenture Act of 1939. In that case, the trustee may be required to resign as trustee under the applicable indenture and we would be required to appoint a successor trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the Indenture at
the request of any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of
the outstanding Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as
such direction would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other
formal legal action or take other steps to enforce your rights or protect your interests relating to the Notes, the following must occur: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must be given written notice that an event of default has occurred and remains uncured.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make a
written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will furnish to the Trustee every year a written statement of certain of our officers and
directors, certifying that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications
and Amendment </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or
eliminating any of the provisions of the Indenture or of any supplemental agreement or modifying in any manner the rights of the Holders under the Notes or the Guarantees only with the consent of the Holders of not less than a majority in aggregate
principal amount of the notes then outstanding (irrespective of series) that would be affected by the proposed modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any
installment of interest on, any Note, or reduce the principal amount or the interest thereof, or extend the time of payment of any installment of interest thereon, or change the currency of payment of principal of, or interest on, any Note, or
change the Issuer&#8217;s or a Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any Holder to institute suit for the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-19- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
enforcement of any such payment on or after the due date thereof (or in the case of redemption on or after the redemption date) or change in any manner adverse to the interests of the Holders the
terms and provisions of the Guarantees in respect of the due and punctual payment of principal amount of the Notes then outstanding plus accrued and unpaid interest (and all Additional Amounts, if any) without the consent of the Holder of each Note
so affected; or (b)&nbsp;reduce the aforesaid percentage of notes, the consent of the Holders of which is required for any such agreement, without the consent of all of the Holders of the affected series of the notes then outstanding. To the extent
that any changes directly affect fewer than all the series of the notes issued under the Indenture, only the consent of the Holders of notes of the relevant series (in the respective percentages set forth above) will be required. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may, without the consent of the Holders, from time to time execute agreements or amendments or
enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for one or more of the following purposes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and the
assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture and the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to the covenants of the Issuer or the Guarantors, for the benefit of the Holders of the Notes issued under
the Indenture, or to surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any additional events of default for the benefit of the Holders of the Notes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to, change or eliminate any of the provisions of the Indenture in respect of the Notes, <I>provided</I>
that any such addition, change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any Note created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of the Holder
of any such Note with respect to such provision or (B)&nbsp;shall become effective only when there is no such Note outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to modify the restrictions on and procedures for, resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (a)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (b)&nbsp;additional or different events of default in respect of such series, (c)&nbsp;a longer or shorter period of grace
and/or notice in respect of any provision applicable to such series than is otherwise provided, (d)&nbsp;immediate enforcement of any event of default in respect of such series or (e)&nbsp;limitations upon the remedies available in respect of any
events of default in respect of such series or upon the rights of the holders of securities of such series to waive any such event of default; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">(a) to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any conflict between the terms thereof and the Trust Indenture
Act or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the
Holders to which such provision relates in any material respect; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to &#8220;reopen&#8221; the Notes and create and issue additional Notes having identical terms and conditions as
the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any Subsidiary of the Parent Guarantor as a Guarantor or a
<FONT STYLE="white-space:nowrap">co-Issuer</FONT> with respect to any series of notes, or to convert a Guarantor into a <FONT STYLE="white-space:nowrap">co-Issuer</FONT> with respect to any series of notes, subject to applicable regulatory or
contractual limitations relating to such subsidiary&#8217;s Guarantee and provided in each case that the obligations of any <FONT STYLE="white-space:nowrap">co-Issuer</FONT> will be joint and several with the Issuer; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-20- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to make any other change that does not materially adversely affect the interests of the holders of the notes
affected thereby. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the Notes of each series until the principal of such Notes is paid or duly
made available for payment. Interest on the Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of
interest on or principal of any Note or the date fixed for redemption or payment in connection with an acceleration of any Note is not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next
succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any redemption date, the yield determined by the Issuer in accordance with the following two
paragraphs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Treasury Rate shall be determined by the Issuer after 4:15 p.m., New York City time (or after such time as yields on U.S. government
securities are posted daily by the Board of Governors of the Federal Reserve System), on the third Business Day preceding the redemption date based upon the yield or yields for the most recent day that appear after such time on such day in the most
recent statistical release published by the Board of Governors of the Federal Reserve System designated as &#8220;Selected Interest Rates (Daily) - H.15&#8221; (or any successor designation or publication) (&#8220;<B>H.15</B>&#8221;) under the
caption &#8220;U.S. government securities&#8211;Treasury constant maturities&#8211;Nominal&#8221; (or any successor caption or heading) (&#8220;<B>H.15 TCM</B>&#8221;). In determining the Treasury Rate, the Issuer shall select, as applicable:
(1)&nbsp;the yield for the Treasury constant maturity on H.15 exactly equal to the period from the redemption date to the Par Call Date (the &#8220;<B>Remaining Life</B>&#8221;); or (2)&nbsp;if there is no such Treasury constant maturity on H.15
exactly equal to the Remaining Life, the two yields &#8211; one yield corresponding to the Treasury constant maturity on H.15 immediately shorter than and one yield corresponding to the Treasury constant maturity on H.15 immediately longer than the
Remaining Life &#8211; and shall interpolate to the Par Call Date on a straight-line basis (using the actual number of days) using such yields and rounding the result to three decimal places; or (3)&nbsp;if there is no such Treasury constant
maturity on H.15 shorter than or longer than the Remaining Life, the yield for the single Treasury constant maturity on H.15 closest to the Remaining Life. For purposes of this paragraph, the applicable Treasury constant maturity or maturities on
H.15 shall be deemed to have a maturity date equal to the relevant number of months or years, as applicable, of such Treasury constant maturity from the redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If on the third Business Day preceding the redemption date H.15 TCM is no longer published, the Issuer shall calculate the Treasury Rate based on the rate per
annum equal to the semi-annual equivalent yield to maturity at 11:00 a.m., New York City time, on the second Business Day preceding such redemption date of the United States Treasury security maturing on, or with a maturity that is closest to, the
Par Call Date, as applicable. If there is no United States Treasury security maturing on the Par Call Date but there are two or more United States Treasury securities with a maturity date equally distant from the Par Call Date, one with a maturity
date preceding the Par Call Date and one with a maturity date following the Par Call Date, the Issuer shall select the United States Treasury security with a maturity date preceding the Par Call Date. If there are two or more United States Treasury
securities maturing on the Par Call Date or two or more United States Treasury securities meeting the criteria of the preceding sentence, the Issuer shall select from among these two or more United States Treasury securities the United States
Treasury security that is trading closest to par based upon the average of the bid and asked prices for such United States Treasury securities at 11:00 a.m., New York City time. In determining the Treasury Rate in accordance with the terms of this
paragraph, the semi-annual yield to maturity of the applicable United States Treasury security shall be based upon the average of the bid and asked prices (expressed as a percentage of principal amount) at 11:00 a.m., New York City time, of such
United States Treasury security, and rounded to three decimal places. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-21- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets are open, or
not authorized to close, in the City of New York, London and Brussels. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Issuer&#8217;s actions and determinations in determining the redemption price
shall be conclusive and binding for all purposes, absent manifest error. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Notice of any redemption will be mailed or electronically delivered (or
otherwise transmitted in accordance with the Depositary&#8217;s procedures) at least 10 days but not more than 60 days before the redemption date to each holder of the Notes to be redeemed. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A notice of redemption may, at the discretion of the Issuer, be subject to one or more conditions precedent, including, but not limited to,
completion of an equity offering, a financing, or other corporate transaction. In addition, if such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice shall state that, in our discretion, the redemption
date may be postponed until up to 60 days following the notice of redemption, and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the redemption date (including as it may be postponed). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the Issuer (and/or the Guarantors) defaults on payment of the redemption price, from and after the redemption date interest will cease
to accrue on the Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and hold
in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the Notes to be redeemed on such date. If fewer than all of the Notes of any series are to be redeemed, the Trustee will select, not more
than 60 days prior to the redemption date, the particular Notes of such series or portions thereof for redemption from the outstanding Notes of that series not previously called for redemption, on a pro rata basis across such series, or by such
method as the Trustee deems fair and appropriate, provided that if the Notes of a series are represented by one or more global notes, interests in such global notes shall be selected for redemption by DTC in accordance with its standard procedures
therefor. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and
regulations, additional Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the other Notes of a series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and
the Guarantees) as the previously outstanding Notes of that series in all respects (or in all respects except for the issue date and the principal amount and, in some cases, the date of the first payment of interest thereon) so that such Additional
Notes shall be consolidated and form a single series with the previously outstanding Notes of that series, <I>provided</I> that either (i)&nbsp;such Additional Notes are fungible with the Notes of such series offered hereby for U.S. federal income
tax purposes or (ii)&nbsp;such Additional Notes shall have a separate CUSIP number. Without limiting the foregoing, the Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and
in accordance with applicable laws and regulations, additional series of notes with additional or different terms and maturity dates than the Notes. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Guarantee </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each debt security will
benefit from an unconditional, full and irrevocable guarantee by the Parent Guarantor. One or more of the following Subsidiary Guarantors, which are subsidiaries of the Parent Guarantor, may, along with the Parent Guarantor, jointly and severally
guarantee the debt securities on a full, unconditional and irrevocable basis: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch Companies, LLC </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch InBev Worldwide Inc. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch InBev Finance Inc. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Brandbev S.&agrave; r.l. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Brandbrew S.A. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Cobrew NV </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-22- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Subsidiary Guarantors, if any, for any particular series of debt securities will be
specified in the applicable prospectus supplement. The Issuer of a particular series of securities will not act as a Subsidiary Guarantor for that series. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each guarantee to be provided is referred to as a &#8220;Guarantee&#8221; and collectively, the &#8220;Guarantees;&#8221; the subsidiaries of
the Parent Guarantor providing Guarantees are referred to as the &#8220;Subsidiary Guarantors&#8221; and the Parent Guarantor and Subsidiary Guarantors collectively are referred to as the &#8220;Guarantors&#8221;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All such Guarantees are set forth in each indenture, or a supplement thereto, and may take the form of a guarantee to be endorsed on a
particular series of securities or a global guarantee that applies to multiple series of securities under an indenture. The Guarantees provided by several of the Guarantors will be subject to certain limitations set forth below under
&#8220;&#8212;Guarantee Limitations&#8221;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Guarantees, the Guarantors will guarantee to each Holder the due and punctual
payment of any principal, accrued and unpaid interest (and all Additional Amounts, as defined below, if any) due under the debt securities in accordance with each indenture. Each Guarantor will also pay Additional Amounts (if any) in respect of
payments under its Guarantee. The Guarantees will be the full, direct, unconditional, unsecured and unsubordinated general obligations of the Guarantors. The Guarantees will rank pari passu among themselves, without any preference of one over the
other by reason of priority of date of issue or otherwise, and at least equally with all other unsecured and unsubordinated general obligations of the Guarantors from time to time outstanding. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any Subsidiary Guarantor will automatically and unconditionally be released from all obligations under its Subsidiary Guarantee and such
Subsidiary Guarantee shall thereupon terminate and be discharged of no further force or effect, in the event that at substantially the same time its Guarantee of the debt securities is terminated, (i) (for so long as any commitments remain
outstanding under the 2010 Senior Facilities Agreement) the relevant Subsidiary Guarantor is or has been released from its guarantee of 2010 Senior Facilities Agreement (as defined in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> under
the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital Resources&#8221; and as it may be amended from time to time) or is no longer a guarantor under the 2010 Senior Facilities Agreement, and (ii)&nbsp;the aggregate
amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a guarantor or borrower) does not exceed 10% of the consolidated gross assets of the Parent Guarantor as reflected in the balance sheet included in its most
recent publicly released interim or annual consolidated financial statements. For purposes of this paragraph, the amount of a Guarantor&#8217;s indebtedness for borrowed money shall not include (A)&nbsp;the debt securities issued pursuant to the
indentures dated 12&nbsp;January 2009, 16&nbsp;October 2009 and 16&nbsp;December 2016, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc., as Issuer, the Parent Guarantor, the Subsidiary Guarantors
named therein and The Bank of New York Mellon Trust Company, N.A., as trustee, (B)&nbsp;the debt securities issued pursuant to the indentures dated 17&nbsp;January 2013, 25&nbsp;January 2016 and 15&nbsp;May 2017, and the indentures supplemental
thereto, in each case between Anheuser-Busch InBev Finance Inc., as Issuer, the Parent Guarantor, the Subsidiary Guarantors named therein and The Bank of New York Mellon Trust Company, N.A., as trustee, (C)&nbsp;any other debt the terms of which
permit the termination of the Guarantor&#8217;s guarantee of such debt under similar circumstances, as long as such Guarantor&#8217;s obligations in respect of such other debt are terminated at substantially the same time as its guarantee of the
debt securities, and (D)&nbsp;any debt that is being refinanced at substantially the same time that the Guarantee of the debt securities is being released; provided that any obligations of the Guarantor in respect of the debt that is incurred in the
refinancing shall be included in the calculation of the Guarantor&#8217;s indebtedness for borrowed money. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, Brandbrew S.A.
and/or Brandbev S.&agrave; r.l., whose guarantees are subject to certain limitations described below, shall be entitled to terminate its Guarantee, and the trustee under each indenture shall execute a release and termination agreement effecting such
termination, with respect to any or all series of the notes issued under each indenture, in the event that Brandbrew S.A. or Brandbev S.&agrave; r.l determines that under the rules, regulations or interpretations of the SEC it would be required to
include its financial statements in any registration statement filed with the SEC with respect to any series of notes or guarantees issued under each indenture or in periodic reports filed with or furnished to the SEC (by reason of such limitations
or otherwise). Furthermore, Brandbrew S.A. and/or Brandbev S.&agrave; r.l. will be entitled to amend or modify by execution of indentures supplemental to each indenture the terms of its Guarantee or the limitations applicable to its Guarantee, as
set forth below, in any respect reasonably deemed necessary by Brandbrew S.A. or Brandbev S.&agrave; r.l to meet the requirements of Rule <FONT STYLE="white-space:nowrap">3-10</FONT> under Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> under
the Securities Act (or any successor or similar regulation or exemption) in order for financial statements of such Subsidiary Guarantor not to be required to be included in any registration statement or in periodic reports filed with or furnished to
the SEC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-23- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Guarantee Limitations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to restrictions imposed by Luxembourg law, notwithstanding anything to the contrary in the Guarantees to be provided by Brandbrew S.A.
or Brandbev S.&agrave; r.l., (each, a &#8220;<B>Luxembourg Guarantor</B>&#8221;), for the purposes of any such Guarantees, the maximum aggregate liability of such Luxembourg Guarantor under its Guarantee (including any actual or contingent
liabilities as a guarantor under the Other Guaranteed Facilities (as defined below)) shall not exceed an amount equal to the aggregate of (without double counting): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all moneys received by such Luxembourg Guarantor and its Subsidiaries as a borrower or
issuer under the Other Guaranteed Facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all outstanding intercompany loans made to such Luxembourg Guarantor and its
Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the Debt Securities and the Other Guaranteed Facilities; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an amount equal to 100% of the greater of: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to in
article 34 of the Luxembourg Law of 2002, and as implemented by the Luxembourg Regulation) as reflected in such Luxembourg Guarantor&#8217;s then most recent annual accounts approved by the competent organ of such Luxembourg Guarantor (as audited by
its statutory auditor (<I>r&eacute;viseur d&#8217;entreprises agr&eacute;&eacute;</I>), if required by law) at the date an enforcement is made under such Luxembourg Guarantor&#8217;s Guarantee and (y)&nbsp;any amounts owed by such Luxembourg
Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities (as defined below); and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to in
article 34 of the Luxembourg Law of 2002, and as implemented by the Luxembourg Regulation) as reflected in its most recent annual accounts available as of the date of the applicable Indenture and (y)&nbsp;any amounts owed by such Luxembourg
Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities (as defined below). </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, the limitation on the Guarantee provided by such Luxembourg Guarantor shall not apply to any Guarantee by it of
any obligations owed by its Subsidiaries under the Other Guaranteed Facilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the obligations and liabilities of such
Luxembourg Guarantor under its Guarantee and under any of the Other Guaranteed Facilities shall not include any obligation which, if incurred, would constitute a breach of the provisions on unlawful financial assistance as contained in articles <FONT
STYLE="white-space:nowrap">49-6</FONT> or 168, as applicable, of the Luxembourg Law on Commercial Companies dated 10&nbsp;August 1915, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>&#8220;Other Guaranteed Facilities&#8221; means: </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued by Anheuser-Busch Companies, LLC under any of the following indentures:
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated August&nbsp;1, 1995, between Anheuser-Busch Companies, LLC (formerly known as
Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to Chemical Bank), as trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated July&nbsp;1, 2001, between Anheuser-Busch Companies, LLC (formerly known as Anheuser-Busch
Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to The Chase Manhattan Bank), as trustee; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated October&nbsp;1, 2007, between Anheuser-Busch Companies, LLC (formerly known as
Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York Trust Company, N.A.), as trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the 2010 Senior Facilities Agreement; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew S.A., Brandbev S.&agrave; r.l. or the Parent Guarantor
under the &#128;15,000,000,000 Euro Medium Term Note Programme originally entered into on 16&nbsp;January 2009, as the same may be amended from time to time; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-24- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew, Brandbev or the Parent Guarantor under the
&#128;40,000,000,000 Euro Medium Term Note Programme originally entered into on 6&nbsp;December 2016; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew S.A., Brandbev S.&agrave; r.l. or the Parent Guarantor
under the &#128;40,000,000,000 Euro Medium Term Note Programme originally entered into on 20&nbsp;December 2017, as the same may be amended from time to time; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued by Anheuser-Busch InBev Worldwide and guaranteed by Brandbrew S.A. or Brandbev
S.&agrave; r.l. under the indentures dated 12&nbsp;January 2009, 16&nbsp;October 2009, 16&nbsp;December 2016 and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc., as Issuer, the Parent Guarantor, certain
of the Subsidiary Guarantors and the Trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities guaranteed by Brandbrew S.A. or Brandbev S.&agrave; r.l. under the U.S. Commercial Paper
Program of short-term notes due up to a maximum of 364 days from the date of issue issued by Anheuser-Busch InBev Worldwide Inc. pursuant to dealer agreements, an issuing and paying agency agreement, the master note, guarantees and private placement
memoranda, each dated on or around June&nbsp;6, 2011, as amended and restated on or around 20&nbsp;August 2014; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities guaranteed by Brandbrew S.A. or Brandbev S.&agrave; r.l. under the indentures dated
17&nbsp;January 2013, 25&nbsp;January 2016 and 15&nbsp;May 2017, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Finance Inc., as Issuer, the Parent Guarantor, certain of the Subsidiary Guarantors and the Trustee;
and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any refinancing (in whole or part) of any of the above items for the same or a lower amount.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Certain Covenants </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Limitation on Liens </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">So long as any
of the debt securities remains outstanding, the Parent Guarantor will not, nor will it permit any Restricted Subsidiary to, create, assume, guarantee or suffer to exist any mortgage, pledge, security interest or lien (an
&#8220;<B>Encumbrance</B>&#8221;) on any of its Principal Plants or on any capital stock of any Restricted Subsidiary without effectively providing that the debt securities (together with, if the Parent Guarantor shall so determine, any other
indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and any other indebtedness of such Restricted Subsidiary then existing or thereafter created) shall be secured by the security for such
secured indebtedness equally and ratably therewith; <I>provided</I>, <I>however</I>, the above limitation does not apply to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase money liens, so long as such liens attach only to the assets so acquired and improvements thereon;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the time of acquisition of property (including through merger or consolidation) or
securing indebtedness the proceeds of which are used to pay or reimburse the Parent Guarantor or a Restricted Subsidiary for the cost of such property (provided such indebtedness is incurred within 180 days after such acquisition);
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances on property of a Restricted Subsidiary existing at the time it becomes a Restricted Subsidiary;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances to secure the cost of development or construction of property, or improvements thereon;
<I>provided</I> <I>that</I> the recourse of the creditors in respect of such indebtedness is limited to such property and improvements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances in connection with the acquisition or construction of Principal Plants or additions thereto
financed by <FONT STYLE="white-space:nowrap">tax-exempt</FONT> securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances securing indebtedness owing to the Parent Guarantor or a Restricted Subsidiary by a Restricted
Subsidiary; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the date of the applicable indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances required in connection with state or local governmental programs which provide financial or tax
benefits; <I>provided</I> <I>that</I> the obligations secured are in lieu of or reduce an obligation that would have been secured by an Encumbrance permitted under each indenture; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-25- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance arising by operation of law and not securing amounts more than ninety (90)&nbsp;days overdue or
otherwise being contested in good faith; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">judgment Encumbrances not giving rise to an event of default; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made in the ordinary course of business, including, but not limited to,
(i)&nbsp;any mechanics&#8217;, materialmen&#8217;s, carriers&#8217;, workmen&#8217;s, vendors&#8217; or other like Encumbrances, (ii)&nbsp;any Encumbrances securing amounts in connection with workers&#8217; compensation, unemployment insurance and
other types of social security, and (iii)&nbsp;any easements, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">rights-of-way,</FONT></FONT> restrictions and other similar charges; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance upon specific items of inventory or other goods and proceeds of the Parent Guarantor or any
Restricted Subsidiary securing the Parent Guarantor&#8217;s or any such Restricted Subsidiary&#8217;s obligations in respect of bankers&#8217; acceptances issued or created for the account of such person to facilitate the purchase, shipment or
storage of such inventory or other goods; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made securing the performance of tenders, bids, leases, statutory
obligations, surety and appeal bonds, government contracts, performance and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-of-money</FONT></FONT> bonds and other obligations of like nature incurred in the ordinary course of
business; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance on any Principal Plant of the Parent Guarantor or any Restricted Subsidiary in favor of the
Federal Government of the United States or the government of any State thereof, or the government of the United Kingdom, or any state in the European Union, or any instrumentality of any of them, securing the obligations of the Parent Guarantor or
any Restricted Subsidiary pursuant to any contract or payments owed to such entity pursuant to applicable laws, rules, regulations or statutes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(o)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance securing taxes or assessments or other applicable governmental charges or levies;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(p)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">extensions, renewals or replacements of the Encumbrances referred to in clauses (a)&nbsp;through (o);
<I>provided</I> <I>that</I> the amount of indebtedness secured by such extension, renewal or replacement shall not exceed the principal amount of indebtedness being extended, renewed or replaced, together with the amount of any premiums, fees, costs
and expenses associated with such extension, renewal or replacement, nor shall the pledge, mortgage or lien be extended to any additional Principal Plant unless otherwise permitted under this covenant; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(q)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">as permitted under the provisions described in the following two paragraphs herein; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(r)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">sale-leaseback transactions. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Notwithstanding the provisions described in the immediately preceding paragraph, the Parent Guarantor or any Restricted Subsidiary may, without ratably
securing the debt securities, create, assume, guarantee or suffer to exist any indebtedness which would otherwise be subject to such restrictions, and renew, extend or replace such indebtedness; <I>provided</I> <I>that</I> the aggregate amount of
such indebtedness, when added to the fair market value of property transferred in certain sale and leaseback transactions (computed without duplication of amount) does not at the time exceed 15% of Net Tangible Assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If the Parent Guarantor or any Restricted Subsidiary merges or consolidates with, or purchases all or substantially all of the assets of, another corporation,
or the Parent Guarantor sells all or substantially all of its assets to another corporation, and if such other corporation has outstanding obligations secured by an Encumbrance which, by reason of an after-acquired property clause or similar
provision, would extend to any Principal Plant owned by the Parent Guarantor or such Restricted Subsidiary immediately prior thereto, the Parent Guarantor or such Restricted Subsidiary, as the case may be, will in such event be deemed to have
created an Encumbrance, within the prohibition of the covenant described above, unless (a)&nbsp;such merger or consolidation involving a Restricted Subsidiary constitutes a disposition by the Parent Guarantor of its interest in the Restricted
Subsidiary or (b)&nbsp;(i) at or prior to the effective date of such merger, consolidation, sale or purchase, such Encumbrance shall be released of record or otherwise satisfied to the extent it would extend to such Principal Plant, (ii)&nbsp;prior
thereto, the Parent Guarantor or such Restricted Subsidiary shall have created, as security for the debt securities (and, if the Parent Guarantor shall so determine, as security for any other indebtedness of the Parent Guarantor then existing or
thereafter created ranking equally with the debt securities </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-26- </P>

</DIV></Center>


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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
and any other indebtedness of such Restricted Subsidiary then existing or thereafter created), a valid Encumbrance which will rank equally and ratably with the Encumbrances of such other
corporation on such Principal Plant of the Parent Guarantor or such Restricted Subsidiary, as the case may be, or (iii)&nbsp;such Encumbrance is otherwise permitted or complies with the covenant described above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In each instance referred to in the preceding paragraphs where the Parent Guarantor is obligated to provide security for the debt securities (except, for
certain issues of indebtedness, in the case of transactions relating to stock of a Restricted Subsidiary), the Parent Guarantor would be required to provide comparable security for other outstanding indebtedness under that indenture and other
agreements relating thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of an Issuer or Guarantor; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In all cases subject to any provisions contained in the applicable prospectus supplement describing the Holders&#8217; option to require
repayment upon a change in control, (i)&nbsp;any Issuer or Guarantor, without the consent of the Holders of any of the debt securities, may consolidate with or merge into, or sell, transfer, lease or convey all or substantially all of their
respective assets to, any corporation or (ii)&nbsp;an Issuer may at any time substitute for itself either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the debt securities (a &#8220;<B>Substitute
Issuer</B>&#8221;); <I>provided that</I>: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume such Issuer&#8217;s or
Guarantor&#8217;s respective obligations under the debt securities or the Guarantees, as the case may be, and each indenture, as applicable, except that if the Parent Guarantor is merged into any corporation organized under the laws of the Kingdom
of Belgium via a &#8220;merger by absorption&#8221; in accordance with the Belgian Companies Code, that successor company shall, by virtue of the operation of Belgian law and without any further action by the Parent Guarantor or its successor,
assume the obligations of the Parent Guarantor under the Guarantees and each indenture and no express assumption will be required; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">such Issuer is not in default of any payments due under the debt securities and immediately before and after
giving effect to such consolidation, merger, sale, transfer, lease, conveyance or substitution, no Event of Default shall be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the debt securities and each
indenture, as applicable, are fully, irrevocably and unconditionally guaranteed by the Guarantors (other than the Substitute Issuer, if applicable) on the same terms as existed immediately prior to such substitution under the Guarantees given by
such Guarantors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the applicable Issuer and the Substitute Issuer jointly and severally indemnify each
Holder for any income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder); <I>provided</I>, <I>however</I>, that such
indemnification shall not apply to any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;<B>Code</B>&#8221;), any current or future regulations or
official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection
with the implementation of such Sections of the Code, and shall not require the payment of additional amounts on account of any such withholding or deduction; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the debt securities are listed, if any, shall have confirmed that, following the
proposed substitution of the Substitute Issuer, such debt securities will continue to be listed on such stock exchange; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the debt securities, if any, shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;<B>Affiliate</B>&#8221; shall mean, with respect to any specified person, any other person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-27- </P>

</DIV></Center>


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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of any substitution, all of the foregoing provisions will apply
<I>mutatis mutandis</I>, and references elsewhere herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references, to any successor company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge and Defeasance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indentures
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each indenture provides that the applicable Issuer and the Guarantors will be discharged from any and all obligations in respect
of such indenture (except for certain obligations to register the transfer of or exchange debt securities, replace stolen, lost or mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on
all debt securities outstanding thereunder; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities
outstanding theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Redemption &#8212; Optional Redemption&#8221; within one year
under arrangements satisfactory to the Trustee for the giving of notice of redemption, and, in any such case, the applicable Issuer or Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust, specifically
pledged as security for, and dedicated solely to, the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of interest
thereon and principal thereof in accordance with their terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal of, and
interest (and Additional Amounts, if any) on, all such debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts payable
under the applicable indenture by the applicable Issuer. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are
(i)&nbsp;direct obligations of the U.S. government or (ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S.
government, which, in either case, are full faith and credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each
indenture also provides that the applicable Issuer and the Guarantors need not comply with certain covenants of such indenture (including those described under &#8220;&#8212;Certain Covenants&#8212;Limitation on Liens&#8221;), and the Guarantors
shall be released from their obligations under the Guarantees, if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the holders of such debt securities, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and
principal thereof in accordance with their terms will provide not later than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of,
and interest on, the debt securities then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">certain events of default, or events which with notice or lapse of time or both would become such an event of
default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such
Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-28- </P>

</DIV></Center>


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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation
or use or hold or are deemed to use or hold their debt securities in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect
that payments out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the
case of debt securities beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such debt securities in carrying on a
business in such jurisdiction of incorporation; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217;
certificate and an opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;Covenant Defeasance&#8221;. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that
any Guarantor is required to make payments in respect of the debt securities, such Guarantor will make all payments in respect of the debt securities without withholding or deduction for or on account of any present or future taxes or duties of
whatever nature imposed or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which such Guarantor is incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or
therein having power to tax (the &#8220;<B>Relevant Taxing Jurisdiction</B>&#8221;) unless such withholding or deduction is required by law. In such event, such Guarantor will pay to the Holders such additional amounts (the &#8220;<B>Additional
Amounts</B>&#8221;) as shall be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal the respective amounts of principal and interest which would otherwise have been receivable in the
absence of such withholding or deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by the Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the debt securities or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in
the Relevant Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-29- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (g) above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the debt securities shall be deemed to include any Additional Amounts, which may be payable
as set forth in each indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, any amounts to be paid by an Issuer or any Guarantor on the debt securities will be paid net
of any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code,
or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (&#8220;<B>FATCA Withholding</B>&#8221;). Neither any
Guarantor nor any Issuer will be required to pay Additional Amounts on account of any FATCA Withholding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant regarding
Additional Amounts will not apply to any Guarantor at any time when such Guarantor is incorporated in a jurisdiction in the United States; <I>provided</I>, <I>however</I>, that such covenant will apply to an Issuer at any time when it is
incorporated in a jurisdiction outside of the United States. The prospectus supplement relating to the debt securities may describe additional circumstances in which the Guarantors would not be required to pay additional amounts. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the purposes of this section &#8220;&#8212;Terms Applicable to the April 2020 Notes, January 2019 Notes and April 2018 Notes&#8221;: (i)
the term &#8220;Notes&#8221; or &#8220;debt securities&#8221; shall refer to the April 2020 Notes, January 2019 Notes and April 2018 Notes, (ii)&nbsp;the term &#8220;Issuer&#8221; shall refer to the Issuer under the April 2020 Notes, January 2019
Notes and April 2018 Notes, (iii)&nbsp;the term &#8220;Guarantor&#8221; shall refer to any Guarantor under the April 2020 Notes, January 2019 Notes and April 2018 Notes and (iv)&nbsp;the term &#8220;Indenture&#8221; shall refer to the Indenture
under the April 2020 Notes, January 2019 Notes and April 2018 Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Event of Default </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The occurrence and continuance of one or more of the following events will constitute an &#8220;<B>Event of Default</B>&#8221; under the
Indenture and under the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or
administrative error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided further</I> that, in the case of a redemption
payment, no Event of Default shall occur for 30 days following a failure to make such payment; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-30- </P>

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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the
Notes shall already have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the
Parent Guarantor and the Trustee as provided in the Indenture, may declare the entire principal of all the Notes of such series, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event
of Default specified in paragraph (c)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder,
become immediately due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all
defaults and rescind and annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Trustee </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon
Trust Company, N.A. is the trustee and principal paying agent under each indenture. The trustee has two principal functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a holder&#8217;s rights against us if we default on the Notes. There are some limitations
on the extent to which the trustee acts on a holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the holder&#8217;s interest payments,
transferring Notes to a new buyer and sending notices to holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some of our subsidiaries maintain deposit
accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 100 South 4th Street, Suite 550,
St. Louis, MO 63102. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an event of default occurs, or an event occurs that would be an event of default if the requirements for giving
us default notice or our default having to exist for a specific period of time were disregarded, the trustee may therefore be considered to have a conflicting interest with respect to the Notes or the applicable indenture for purposes of the Trust
Indenture Act of 1939. In that case, the trustee may be required to resign as trustee under the applicable indenture and we would be required to appoint a successor trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the Indenture at
the request of any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of
the outstanding Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as
such direction would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other
formal legal action or take other steps to enforce your rights or protect your interests relating to the Notes, the following must occur: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must be given written notice that an event of default has occurred and remains uncured.
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-31- </P>

</DIV></Center>


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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make a
written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will furnish to the Trustee every year a written statement of certain of our officers and
directors, certifying that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications
and Amendment </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or
eliminating any of the provisions of the Indenture or of any supplemental agreement or modifying in any manner the rights of the Holders under the Notes or the Guarantees only with the consent of the Holders of not less than a majority in aggregate
principal amount of the notes then outstanding (irrespective of series) that would be affected by the proposed modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any
installment of interest on, any Note, or reduce the principal amount or the interest thereof, or extend the time of payment of any installment of interest thereon, or change the currency of payment of principal of, or interest on, any Note, or
change the Issuer&#8217;s or a Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any Holder to institute suit for the enforcement of any such payment on or after the due date thereof (or in the case of redemption
on or after the redemption date) or change in any manner adverse to the interests of the Holders the terms and provisions of the Guarantees in respect of the due and punctual payment of principal amount of the Notes then outstanding plus accrued and
unpaid interest (and all Additional Amounts, if any) without the consent of the Holder of each Note so affected; or (b)&nbsp;reduce the aforesaid percentage of notes, the consent of the Holders of which is required for any such agreement, without
the consent of all of the Holders of the affected series of the notes then outstanding. To the extent that any changes directly affect fewer than all the series of the notes issued under the Indenture, only the consent of the Holders of notes of the
relevant series (in the respective percentages set forth above) will be required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may, without
the consent of the Holders, from time to time execute agreements or amendments or enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for one or more of the following purposes: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and the
assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture and the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to the covenants of the Issuer or the Guarantors, for the benefit of the Holders of the Notes issued under
the Indenture, or to surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any additional events of default for the benefit of the Holders of the Notes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to, change or eliminate any of the provisions of the Indenture in respect of the Notes, <I>provided</I>
that any such addition, change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any Note created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of the Holder
of any such Note with respect to such provision or (B)&nbsp;shall become effective only when there is no such Note outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to modify the restrictions on and procedures for, resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-32- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (a)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (b)&nbsp;additional or different events of default in respect of such series, (c)&nbsp;a longer or shorter period of grace
and/or notice in respect of any provision applicable to such series than is otherwise provided, (d)&nbsp;immediate enforcement of any event of default in respect of such series or (e)&nbsp;limitations upon the remedies available in respect of any
events of default in respect of such series or upon the rights of the holders of securities of such series to waive any such event of default; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">(a) to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any conflict between the terms thereof and the Trust Indenture
Act or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the
Holders to which such provision relates in any material respect; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to &#8220;reopen&#8221; the Notes and create and issue additional Notes having identical terms and conditions as
the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any Subsidiary of the Parent Guarantor as a Guarantor or a
<FONT STYLE="white-space:nowrap">co-Issuer</FONT> with respect to any series of notes, or to convert a Guarantor into a <FONT STYLE="white-space:nowrap">co-Issuer</FONT> with respect to any series of notes, subject to applicable regulatory or
contractual limitations relating to such subsidiary&#8217;s Guarantee and provided in each case that the obligations of any <FONT STYLE="white-space:nowrap">co-Issuer</FONT> will be joint and several with the Issuer; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to make any other change that does not materially adversely affect the interests of the holders of the notes
affected thereby. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the Notes of each series until the principal of such Notes is paid or duly
made available for payment. Interest on the Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of
interest on or principal of any Note or the date fixed for redemption or payment in connection with an acceleration of any Note is not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next
succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the
Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Treasury Rate will be calculated on the third Business Day preceding such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets are open, or not authorized to close, in the City of New York,
London and Brussels. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-33- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Issue</B>&#8221; means the U.S. Treasury security (not inflation-indexed)
selected by an Independent Investment Banker as if such Notes had matured on the applicable Par Call Date that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of such Notes through the applicable Par Call Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury
Price</B>&#8221; means, with respect to a redemption date, (i)&nbsp;the average of five Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii)&nbsp;if the
Independent Investment Banker obtains fewer than five such Reference Treasury Dealer Quotations, the average of all such quotations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference
Treasury Dealer Quotations</B>&#8221; means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue
(expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A notice of redemption may, at the discretion of the Issuer, be subject to one or more conditions precedent, including, but not limited to,
completion of an equity offering, a financing, or other corporate transaction. In addition, if such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice shall state that, in our discretion, the redemption
date may be postponed until up to 60 days following the notice of redemption, and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the redemption date (including as it may be postponed). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the Issuer (and/or the Guarantors) defaults on payment of the redemption price, from and after the redemption date interest will cease
to accrue on the Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and hold
in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the Notes to be redeemed on such date. If fewer than all of the Notes of any series are to be redeemed, the Trustee will select, not more
than 60 days prior to the redemption date, the particular Notes of such series or portions thereof for redemption from the outstanding Notes of that series not previously called for redemption, on a pro rata basis across such series, or by such
method as the Trustee deems fair and appropriate, provided that if the Notes of a series are represented by one or more global notes, interests in such global notes shall be selected for redemption by DTC in accordance with its standard procedures
therefor. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and
regulations, additional Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the other Notes of a series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and
the Guarantees) as the previously outstanding Notes of that series in all respects (or in all respects except for the issue date and the principal amount and, in some cases, the date of the first payment of interest thereon) so that such Additional
Notes shall be consolidated and form a single series with the previously outstanding Notes of that series, <I>provided</I> that either (i)&nbsp;such Additional Notes are fungible with the Notes of such series offered hereby for U.S. federal income
tax purposes or (ii)&nbsp;such Additional Notes shall have a separate CUSIP number. Without limiting the foregoing, the Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and
in accordance with applicable laws and regulations, additional series of notes with additional or different terms and maturity dates than the Notes. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Guarantee </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each debt security will
benefit from an unconditional, full and irrevocable guarantee by the Parent Guarantor. One or more of the following Subsidiary Guarantors, which are subsidiaries of the Parent Guarantor, may, along with the Parent Guarantor, jointly and severally
guarantee the debt securities on a full, unconditional and irrevocable basis: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch Companies, LLC </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch InBev Worldwide Inc. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch InBev Finance Inc. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Brandbev S.&agrave; r.l. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-34- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Brandbrew S.A. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Cobrew NV </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Subsidiary Guarantors, if any, for any particular series of debt securities will be specified in the applicable prospectus supplement. The
Issuer of a particular series of securities will not act as a Subsidiary Guarantor for that series. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each guarantee to be provided is
referred to as a &#8220;Guarantee&#8221; and collectively, the &#8220;Guarantees;&#8221; the subsidiaries of the Parent Guarantor providing Guarantees are referred to as the &#8220;Subsidiary Guarantors&#8221; and the Parent Guarantor and Subsidiary
Guarantors collectively are referred to as the &#8220;Guarantors&#8221;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All such Guarantees are set forth in each indenture, or a
supplement thereto, and may take the form of a guarantee to be endorsed on a particular series of securities or a global guarantee that applies to multiple series of securities under an indenture. The Guarantees provided by several of the Guarantors
will be subject to certain limitations set forth below under &#8220;&#8212;Guarantee Limitations&#8221;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Guarantees, the
Guarantors will guarantee to each Holder the due and punctual payment of any principal, accrued and unpaid interest (and all Additional Amounts, as defined below, if any) due under the debt securities in accordance with each indenture. Each
Guarantor will also pay Additional Amounts (if any) in respect of payments under its Guarantee. The Guarantees will be the full, direct, unconditional, unsecured and unsubordinated general obligations of the Guarantors. The Guarantees will rank pari
passu among themselves, without any preference of one over the other by reason of priority of date of issue or otherwise, and at least equally with all other unsecured and unsubordinated general obligations of the Guarantors from time to time
outstanding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any Subsidiary Guarantor will automatically and unconditionally be released from all obligations under its Subsidiary
Guarantee and such Subsidiary Guarantee shall thereupon terminate and be discharged of no further force or effect, in the event that at substantially the same time its Guarantee of the debt securities is terminated, (i) (for so long as any
commitments remain outstanding under the 2010 Senior Facilities Agreement) the relevant Subsidiary Guarantor is or has been released from its guarantee of 2010 Senior Facilities Agreement (as defined in the 2025 Form
<FONT STYLE="white-space:nowrap">20-F</FONT> under the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital Resources&#8221; and as it may be amended from time to time) or is no longer a guarantor under the 2010
Senior Facilities Agreement, and (ii)&nbsp;the aggregate amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a guarantor or borrower) does not exceed 10% of the consolidated gross assets of the Parent
Guarantor as reflected in the balance sheet included in its most recent publicly released interim or annual consolidated financial statements. For purposes of this paragraph, the amount of a Guarantor&#8217;s indebtedness for borrowed money shall
not include (A)&nbsp;the debt securities issued pursuant to the indentures dated 12&nbsp;January 2009, 16&nbsp;October 2009 and 16&nbsp;December 2016, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc.,
as Issuer, the Parent Guarantor, the Subsidiary Guarantors named therein and The Bank of New York Mellon Trust Company, N.A., as trustee, (B)&nbsp;the debt securities issued pursuant to the indentures dated 17&nbsp;January 2013, 25&nbsp;January 2016
and 15&nbsp;May 2017, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Finance Inc., as Issuer, the Parent Guarantor, the Subsidiary Guarantors named therein and The Bank of New York Mellon Trust Company, N.A., as
trustee, (C)&nbsp;any other debt the terms of which permit the termination of the Guarantor&#8217;s guarantee of such debt under similar circumstances, as long as such Guarantor&#8217;s obligations in respect of such other debt are terminated at
substantially the same time as its guarantee of the debt securities, and (D)&nbsp;any debt that is being refinanced at substantially the same time that the Guarantee of the debt securities is being released; provided that any obligations of the
Guarantor in respect of the debt that is incurred in the refinancing shall be included in the calculation of the Guarantor&#8217;s indebtedness for borrowed money. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, Brandbrew S.A. and/or Brandbev S.&agrave; r.l., whose guarantees are subject to certain limitations described below, shall be
entitled to terminate its Guarantee, and the trustee under each indenture shall execute a release and termination agreement effecting such termination, with respect to any or all series of the notes issued under each indenture, in the event that
Brandbrew S.A. or Brandbev S.&agrave; r.l determines that under the rules, regulations or interpretations of the SEC it would be required to include its financial statements in any registration statement filed with the SEC with respect to any series
of notes or guarantees issued under each indenture or in periodic reports filed with or furnished to the SEC (by reason of such limitations or otherwise). Furthermore, Brandbrew S.A. and/or Brandbev S.&agrave; r.l. will be entitled to amend or
modify by execution of indentures supplemental to each indenture the terms of its Guarantee or the limitations applicable to its Guarantee, as set forth below, in any respect reasonably deemed necessary by Brandbrew S.A. or Brandbev S.&agrave; r.l
to meet the requirements of Rule <FONT STYLE="white-space:nowrap">3-10</FONT> under Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> under the Securities Act (or any successor or similar regulation or exemption) in order for financial
statements of such Subsidiary Guarantor not to be required to be included in any registration statement or in periodic reports filed with or furnished to the SEC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-35- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Guarantee Limitations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to restrictions imposed by Luxembourg law, notwithstanding anything to the contrary in the Guarantees to be provided by Brandbrew S.A.
or Brandbev S.&agrave; r.l., (each, a &#8220;<B>Luxembourg Guarantor</B>&#8221;), for the purposes of any such Guarantees, the maximum aggregate liability of such Luxembourg Guarantor under its Guarantee (including any actual or contingent
liabilities as a guarantor under the Other Guaranteed Facilities (as defined below)) shall not exceed an amount equal to the aggregate of (without double counting): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all moneys received by such Luxembourg Guarantor and its Subsidiaries as a borrower or
issuer under the Other Guaranteed Facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all outstanding intercompany loans made to such Luxembourg Guarantor and its
Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the Debt Securities and the Other Guaranteed Facilities; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an amount equal to 100% of the greater of: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to in
article 34 of the Luxembourg Law of 2002, and as implemented by the Luxembourg Regulation) as reflected in such Luxembourg Guarantor&#8217;s then most recent annual accounts approved by the competent organ of such Luxembourg Guarantor (as audited by
its statutory auditor (<I>r&eacute;viseur d&#8217;entreprises agr&eacute;&eacute;</I>), if required by law) at the date an enforcement is made under such Luxembourg Guarantor&#8217;s Guarantee and (y)&nbsp;any amounts owed by such Luxembourg
Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities (as defined below); and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to in
article 34 of the Luxembourg Law of 2002, and as implemented by the Luxembourg Regulation) as reflected in its most recent annual accounts available as of the date of the applicable Indenture and (y)&nbsp;any amounts owed by such Luxembourg
Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indentures or the Other Guaranteed Facilities (as defined below). </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, the limitation on the Guarantee provided by such Luxembourg Guarantor shall not apply to any Guarantee by it of any
obligations owed by its Subsidiaries under the Other Guaranteed Facilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the obligations and liabilities of such
Luxembourg Guarantor under its Guarantee and under any of the Other Guaranteed Facilities shall not include any obligation which, if incurred, would constitute a breach of the provisions on unlawful financial assistance as contained in articles <FONT
STYLE="white-space:nowrap">49-6</FONT> or 168, as applicable, of the Luxembourg Law on Commercial Companies dated 10&nbsp;August 1915, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>&#8220;Other Guaranteed Facilities&#8221; means: </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued by Anheuser-Busch Companies, LLC under any of the following indentures:
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated August&nbsp;1, 1995, between Anheuser-Busch Companies, LLC (formerly known as
Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to Chemical Bank), as trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated July&nbsp;1, 2001, between Anheuser-Busch Companies, LLC (formerly known as Anheuser-Busch
Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to The Chase Manhattan Bank), as trustee; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Indenture, dated October&nbsp;1, 2007, between Anheuser-Busch Companies, LLC (formerly known as
Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York Trust Company, N.A.), as trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the 2010 Senior Facilities Agreement; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-36- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew S.A., Brandbev S.&agrave; r.l. or the Parent Guarantor
under the &#128;15,000,000,000 Euro Medium Term Note Programme originally entered into on 16&nbsp;January 2009, as the same may be amended from time to time; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew, Brandbev or the Parent Guarantor under the
&#128;40,000,000,000 Euro Medium Term Note Programme originally entered into on 6&nbsp;December 2016; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued or guaranteed by Brandbrew S.A., Brandbev S.&agrave; r.l. or the Parent Guarantor
under the &#128;40,000,000,000 Euro Medium Term Note Programme originally entered into on 20&nbsp;December 2017, as the same may be amended from time to time; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities issued by Anheuser-Busch InBev Worldwide and guaranteed by Brandbrew S.A. or Brandbev
S.&agrave; r.l. under the indentures dated 12&nbsp;January 2009, 16&nbsp;October 2009, 16&nbsp;December 2016 and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc., as Issuer, the Parent Guarantor, certain
of the Subsidiary Guarantors and the Trustee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities guaranteed by Brandbrew S.A. or Brandbev S.&agrave; r.l. under the U.S. Commercial Paper
Program of short-term notes due up to a maximum of 364 days from the date of issue issued by Anheuser-Busch InBev Worldwide Inc. pursuant to dealer agreements, an issuing and paying agency agreement, the master note, guarantees and private placement
memoranda, each dated on or around June&nbsp;6, 2011, as amended and restated on or around 20&nbsp;August 2014; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any debt securities guaranteed by Brandbrew S.A. or Brandbev S.&agrave; r.l. under the indentures dated
17&nbsp;January 2013, 25&nbsp;January 2016 and 15&nbsp;May 2017, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Finance Inc., as Issuer, the Parent Guarantor, certain of the Subsidiary Guarantors and the Trustee;
and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any refinancing (in whole or part) of any of the above items for the same or a lower amount.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Certain Covenants </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Limitation on Liens </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">So long as any
of the debt securities remains outstanding, the Parent Guarantor will not, nor will it permit any Restricted Subsidiary to, create, assume, guarantee or suffer to exist any mortgage, pledge, security interest or lien (an
&#8220;<B>Encumbrance</B>&#8221;) on any of its Principal Plants or on any capital stock of any Restricted Subsidiary without effectively providing that the debt securities (together with, if the Parent Guarantor shall so determine, any other
indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and any other indebtedness of such Restricted Subsidiary then existing or thereafter created) shall be secured by the security for such
secured indebtedness equally and ratably therewith; <I>provided</I>, <I>however</I>, the above limitation does not apply to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase money liens, so long as such liens attach only to the assets so acquired and improvements thereon;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the time of acquisition of property (including through merger or consolidation) or
securing indebtedness the proceeds of which are used to pay or reimburse the Parent Guarantor or a Restricted Subsidiary for the cost of such property (provided such indebtedness is incurred within 180 days after such acquisition);
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances on property of a Restricted Subsidiary existing at the time it becomes a Restricted Subsidiary;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances to secure the cost of development or construction of property, or improvements thereon;
<I>provided</I> <I>that</I> the recourse of the creditors in respect of such indebtedness is limited to such property and improvements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances in connection with the acquisition or construction of Principal Plants or additions thereto
financed by <FONT STYLE="white-space:nowrap">tax-exempt</FONT> securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances securing indebtedness owing to the Parent Guarantor or a Restricted Subsidiary by a Restricted
Subsidiary; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the date of the applicable indenture; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-37- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances required in connection with state or local governmental programs which provide financial or tax
benefits; <I>provided</I> <I>that</I> the obligations secured are in lieu of or reduce an obligation that would have been secured by an Encumbrance permitted under each indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance arising by operation of law and not securing amounts more than ninety (90)&nbsp;days overdue or
otherwise being contested in good faith; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">judgment Encumbrances not giving rise to an event of default; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made in the ordinary course of business, including, but not limited to,
(i)&nbsp;any mechanics&#8217;, materialmen&#8217;s, carriers&#8217;, workmen&#8217;s, vendors&#8217; or other like Encumbrances, (ii)&nbsp;any Encumbrances securing amounts in connection with workers&#8217; compensation, unemployment insurance and
other types of social security, and (iii)&nbsp;any easements, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">rights-of-way,</FONT></FONT> restrictions and other similar charges; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance upon specific items of inventory or other goods and proceeds of the Parent Guarantor or any
Restricted Subsidiary securing the Parent Guarantor&#8217;s or any such Restricted Subsidiary&#8217;s obligations in respect of bankers&#8217; acceptances issued or created for the account of such person to facilitate the purchase, shipment or
storage of such inventory or other goods; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made securing the performance of tenders, bids, leases, statutory
obligations, surety and appeal bonds, government contracts, performance and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-of-money</FONT></FONT> bonds and other obligations of like nature incurred in the ordinary course of
business; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance on any Principal Plant of the Parent Guarantor or any Restricted Subsidiary in favor of the
Federal Government of the United States or the government of any State thereof, or the government of the United Kingdom, or any state in the European Union, or any instrumentality of any of them, securing the obligations of the Parent Guarantor or
any Restricted Subsidiary pursuant to any contract or payments owed to such entity pursuant to applicable laws, rules, regulations or statutes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(o)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance securing taxes or assessments or other applicable governmental charges or levies;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(p)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">extensions, renewals or replacements of the Encumbrances referred to in clauses (a)&nbsp;through (o);
<I>provided</I> <I>that</I> the amount of indebtedness secured by such extension, renewal or replacement shall not exceed the principal amount of indebtedness being extended, renewed or replaced, together with the amount of any premiums, fees, costs
and expenses associated with such extension, renewal or replacement, nor shall the pledge, mortgage or lien be extended to any additional Principal Plant unless otherwise permitted under this covenant; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(q)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">as permitted under the provisions described in the following two paragraphs herein; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(r)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">sale-leaseback transactions. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Notwithstanding the provisions described in the immediately preceding paragraph, the Parent Guarantor or any Restricted Subsidiary may, without ratably
securing the debt securities, create, assume, guarantee or suffer to exist any indebtedness which would otherwise be subject to such restrictions, and renew, extend or replace such indebtedness; <I>provided</I> <I>that</I> the aggregate amount of
such indebtedness, when added to the fair market value of property transferred in certain sale and leaseback transactions (computed without duplication of amount) does not at the time exceed 15% of Net Tangible Assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If the Parent Guarantor or any Restricted Subsidiary merges or consolidates with, or purchases all or substantially all of the assets of, another corporation,
or the Parent Guarantor sells all or substantially all of its assets to another corporation, and if such other corporation has outstanding obligations secured by an Encumbrance which, by reason of an after-acquired property clause or similar
provision, would extend to any Principal Plant owned by the Parent Guarantor or such Restricted Subsidiary immediately prior thereto, the Parent Guarantor or such Restricted Subsidiary, as the case may be, will in such event be deemed to have
created an Encumbrance, within the prohibition of the covenant described above, unless (a)&nbsp;such merger or consolidation involving a Restricted Subsidiary constitutes a disposition by the Parent Guarantor of its interest in the Restricted
Subsidiary or (b)&nbsp;(i) at or prior to the effective date of such merger, consolidation, sale or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-38- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
purchase, such Encumbrance shall be released of record or otherwise satisfied to the extent it would extend to such Principal Plant, (ii)&nbsp;prior thereto, the Parent Guarantor or such
Restricted Subsidiary shall have created, as security for the debt securities (and, if the Parent Guarantor shall so determine, as security for any other indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with
the debt securities and any other indebtedness of such Restricted Subsidiary then existing or thereafter created), a valid Encumbrance which will rank equally and ratably with the Encumbrances of such other corporation on such Principal Plant of the
Parent Guarantor or such Restricted Subsidiary, as the case may be, or (iii)&nbsp;such Encumbrance is otherwise permitted or complies with the covenant described above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In each instance referred to in the preceding paragraphs where the Parent Guarantor is obligated to provide security for the debt securities (except, for
certain issues of indebtedness, in the case of transactions relating to stock of a Restricted Subsidiary), the Parent Guarantor would be required to provide comparable security for other outstanding indebtedness under that indenture and other
agreements relating thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of an Issuer or Guarantor; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In all cases subject to any provisions contained in the applicable prospectus supplement describing the Holders&#8217; option to require
repayment upon a change in control, (i)&nbsp;any Issuer or Guarantor, without the consent of the Holders of any of the debt securities, may consolidate with or merge into, or sell, transfer, lease or convey all or substantially all of their
respective assets to, any corporation or (ii)&nbsp;an Issuer may at any time substitute for itself either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the debt securities (a &#8220;<B>Substitute
Issuer</B>&#8221;); <I>provided that</I>: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume such Issuer&#8217;s or
Guarantor&#8217;s respective obligations under the debt securities or the Guarantees, as the case may be, and each indenture, as applicable, except that if the Parent Guarantor is merged into any corporation organized under the laws of the Kingdom
of Belgium via a &#8220;merger by absorption&#8221; in accordance with the Belgian Companies Code, that successor company shall, by virtue of the operation of Belgian law and without any further action by the Parent Guarantor or its successor,
assume the obligations of the Parent Guarantor under the Guarantees and each indenture and no express assumption will be required; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">such Issuer is not in default of any payments due under the debt securities and immediately before and after
giving effect to such consolidation, merger, sale, transfer, lease, conveyance or substitution, no Event of Default shall be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the debt securities and each
indenture, as applicable, are fully, irrevocably and unconditionally guaranteed by the Guarantors (other than the Substitute Issuer, if applicable) on the same terms as existed immediately prior to such substitution under the Guarantees given by
such Guarantors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the applicable Issuer and the Substitute Issuer jointly and severally indemnify each
Holder for any income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder); <I>provided</I>, <I>however</I>, that such
indemnification shall not apply to any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;<B>Code</B>&#8221;), any current or future regulations or
official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection
with the implementation of such Sections of the Code, and shall not require the payment of additional amounts on account of any such withholding or deduction; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the debt securities are listed, if any, shall have confirmed that, following the
proposed substitution of the Substitute Issuer, such debt securities will continue to be listed on such stock exchange; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the debt securities, if any, shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-39- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;<B>Affiliate</B>&#8221; shall mean, with respect to
any specified person, any other person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of any substitution, all of the foregoing provisions will apply <I>mutatis mutandis</I>, and references elsewhere
herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references, to any successor company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge
and Defeasance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indentures </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each indenture provides that the applicable Issuer and the Guarantors will be discharged from any and all obligations in respect of such
indenture (except for certain obligations to register the transfer of or exchange debt securities, replace stolen, lost or mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on
all debt securities outstanding thereunder; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities
outstanding theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Redemption &#8212; Optional Redemption&#8221; within one year
under arrangements satisfactory to the Trustee for the giving of notice of redemption, and, in any such case, the applicable Issuer or Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust, specifically
pledged as security for, and dedicated solely to, the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of interest
thereon and principal thereof in accordance with their terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal of, and
interest (and Additional Amounts, if any) on, all such debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts payable
under the applicable indenture by the applicable Issuer. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are
(i)&nbsp;direct obligations of the U.S. government or (ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S.
government, which, in either case, are full faith and credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each
indenture also provides that the applicable Issuer and the Guarantors need not comply with certain covenants of such indenture (including those described under &#8220;&#8212;Certain Covenants&#8212;Limitation on Liens&#8221;), and the Guarantors
shall be released from their obligations under the Guarantees, if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the holders of such debt securities, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and
principal thereof in accordance with their terms will provide not later than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of,
and interest on, the debt securities then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">certain events of default, or events which with notice or lapse of time or both would become such an event of
default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such
Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-40- </P>

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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation
or use or hold or are deemed to use or hold their debt securities in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect
that payments out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the
case of debt securities beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such debt securities in carrying on a
business in such jurisdiction of incorporation; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="2%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217;
certificate and an opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;Covenant Defeasance&#8221;. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that
any Guarantor is required to make payments in respect of the debt securities, such Guarantor will make all payments in respect of the debt securities without withholding or deduction for or on account of any present or future taxes or duties of
whatever nature imposed or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which such Guarantor is incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or
therein having power to tax (the &#8220;<B>Relevant Taxing Jurisdiction</B>&#8221;) unless such withholding or deduction is required by law. In such event, such Guarantor will pay to the Holders such additional amounts (the &#8220;<B>Additional
Amounts</B>&#8221;) as shall be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal the respective amounts of principal and interest which would otherwise have been receivable in the
absence of such withholding or deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by the Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the debt securities or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in
the Relevant Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-41- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (g) above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the debt securities shall be deemed to include any Additional Amounts, which may be payable
as set forth in each indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, any amounts to be paid by an Issuer or any Guarantor on the debt securities will be paid net
of any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code,
or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (&#8220;<B>FATCA Withholding</B>&#8221;). Neither any
Guarantor nor any Issuer will be required to pay Additional Amounts on account of any FATCA Withholding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant regarding
Additional Amounts will not apply to any Guarantor at any time when such Guarantor is incorporated in a jurisdiction in the United States; <I>provided</I>, <I>however</I>, that such covenant will apply to an Issuer at any time when it is
incorporated in a jurisdiction outside of the United States. The prospectus supplement relating to the debt securities may describe additional circumstances in which the Guarantors would not be required to pay additional amounts. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.950% Notes due 2042, 6.625% Notes due 2033, 5.875% Notes due 2035 (the &#8220;December 2016 Notes&#8221;) </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The December 2016 Notes are issued by Anheuser-Busch InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the December 2016
Notes) and are fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Finance Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC
(the &#8220;<B>Subsidiary Guarantors</B>,&#8221; and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;, with respect to the December 2016 Notes). Each series of December 2016 Notes is listed on the New York Stock Exchange. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the December 2016 Notes was issued under a supplemental indenture to the indenture dated as of 16&nbsp;December 2016 (the
&#8220;<B>Indenture</B>&#8221;), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). This
information, however, does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the December 2016 Notes and the Indenture, including the definitions of certain terms contained therein.
The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The December 2016 Notes are senior
unsecured obligations of the Issuer and rank equally with all other existing and future unsecured and unsubordinated debt obligations of the Issuer. The December 2016 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the
principal amount thereof. The December 2016 Notes are issued in denominations of $1,000 and integral multiples of $1,000 in excess thereof. The December 2016 Notes do not provide for any sinking fund. The December 2016 Notes will be recorded on, and
transferred through, the records maintained by DTC and its direct and indirect participants, including Euroclear S.A./N.V. (&#8220;<B>Euroclear</B>&#8221;) and Clearstream Banking, <I>soci&eacute;t&eacute; anonyme</I>
(&#8220;<B>Clearstream</B>&#8221;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the December 2016 Notes, &#8220;<B>Business Day</B>&#8221; means a day on which
commercial banks and exchange markets are open, or not authorized to close, in the City of New York and in London. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The December 2016
Notes will bear interest at the rate as specified in the table below and will mature as specified below. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="57%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Title of Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Interest<BR>Rate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maturity Date</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Interest Accrues<BR>From</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6.625% Notes due 2033</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">6.625</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;August&nbsp;2033</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;August&nbsp;2016</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5.875% Notes due 2035</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">5.875</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;June 2035</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;December&nbsp;2016</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4.950% Notes due 2042</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4.950</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;January&nbsp;2042</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;July 2016</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-42- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will pay interest on the December 2016 Notes to the person in whose name the December
2016 Notes are registered as follows. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="46%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Title of Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Interest Payable Date(s)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Record Date(s)</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6.625% Notes due 2033</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">15&nbsp;February&nbsp;and&nbsp;15&nbsp;August</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">1&nbsp;February&nbsp;and&nbsp;1&nbsp;August</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5.875% Notes due 2035</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">15&nbsp;June&nbsp;and&nbsp;15&nbsp;December</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">1&nbsp;June and 1&nbsp;December</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4.950% Notes due 2042</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">15&nbsp;January and 15&nbsp;July</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">1&nbsp;January and 1&nbsp;July</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption of the December 2016 Notes </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the December 2016 Notes may be redeemed as a whole or in part, at our option, at any time and from time to time, on at least 30
days&#8217;, but not more than 60 days&#8217;, prior notice mailed (or otherwise transmitted in accordance with DTC procedures) to the registered address of each holder of the December 2016 Notes of such series to be redeemed. The redemption price
will be calculated by the Independent Investment Banker, as such term is defined in the Indenture, and will be equal to the greater of (1) 100% of the principal amount of the December 2016 Notes of such series to be redeemed or (2)&nbsp;the sum of
the present values of the Remaining Scheduled Payments (as defined below) discounted to the redemption date, on a semiannual basis (assuming a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve
<FONT STYLE="white-space:nowrap">30-day</FONT> months or in the case of an incomplete month, the number of days elapsed), at a rate equal to the sum of the Treasury Rate (as defined below) plus a number of basis points equal to the applicable
make-whole spread (as set forth in the table below). In the case of each of clauses (1)&nbsp;and (2), accrued but unpaid interest will be payable to the redemption date. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="78%"></TD>

<TD VALIGN="bottom" WIDTH="15%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Title of Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Make-Whole&nbsp;Spread</FONT></B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6.625% Notes due 2033</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">30&nbsp;bps</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5.875% Notes due 2035</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">30 bps</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4.950% Notes due 2042</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">30 bps</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Guarantees </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each December 2016 Note will benefit from unconditional, full and irrevocable guarantees (the &#8220;<B>Guarantees</B>&#8221;) by
Anheuser-Busch InBev SA/NV, as the Parent Guarantor and Anheuser-Busch Companies, LLC, Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, Anheuser-Busch InBev Finance Inc., as Subsidiary Subsidiary Guarantors (collectively referred to as the
&#8220;<B>Guarantors</B>&#8221;). These Guarantees are set forth in our Indenture and are subject to certain limitations set forth below under &#8220;&#8212;Guarantee Limitations.&#8221; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Guarantees, the Guarantors will guarantee to each Holder the due and punctual payment of any principal, accrued and unpaid interest
(and all Additional Amounts, as defined below, if any) due under the December 2016 Notes. Each Guarantor will also pay Additional Amounts (if any) in respect of payments under its Guarantee. The Guarantees will be the full, direct, unconditional,
unsecured and unsubordinated general obligations of the Guarantors. The Guarantees will rank <I>pari passu</I> among themselves, without any preference of one over the other by reason of priority of date of issue or otherwise, and at least equally
with all other unsecured and unsubordinated general obligations of the Guarantors from time to time outstanding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any Subsidiary Guarantor
will automatically and unconditionally be released from all obligations under its Subsidiary Guarantee, and such Subsidiary Guarantee shall thereupon terminate and be discharged and of no further force or effect, in the event that at substantially
the same time its Guarantee of the December 2016 Notes is terminated, (i) (for so long as any commitments remain outstanding under the 2010 Senior Facilities Agreement) the relevant Subsidiary Guarantor is or has been released from its guarantee of
2010 Senior Facilities Agreement (as defined in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> under the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital Resources&#8221; and as it may be amended from
time to time) or is no longer a guarantor under the 2010 Senior Facilities Agreement, (ii) (for so long as any commitments remain outstanding under the 2015 Senior Facilities Agreement) the relevant Subsidiary Guarantor is or has been released from
its guarantee of the 2015 Senior Facilities Agreement or is no longer a guarantor under the 2015 Senior Facilities Agreement and (iii)&nbsp;the aggregate amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a
guarantor or borrower) does not exceed 10% of the consolidated gross assets of the Parent Guarantor as reflected in the balance sheet included in its most recent publicly released interim or annual </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-43- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
consolidated financial statements. For purposes of this paragraph, the amount of a Guarantor&#8217;s indebtedness for borrowed money shall not include (A)&nbsp;the December 2016 Notes issued
pursuant to the Indenture, (B)&nbsp;the debt securities issued pursuant to the indentures dated 12&nbsp;January 2009 and 16&nbsp;October 2009 and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc., as
issuer, the Parent Guarantor, the subsidiary guarantors named therein and the Trustee, (C)&nbsp;the debt securities issued pursuant to the indentures dated 17&nbsp;January 2013 and 25&nbsp;January 2016 and the indentures supplemental thereto, in
each case between Anheuser-Busch InBev Finance Inc., as issuer, the Parent Guarantor, the Subsidiary Guarantors named therein and the Trustee, (D)&nbsp;any other debt the terms of which permit the termination of the Guarantor&#8217;s guarantee of
such debt under similar circumstances, as long as such Guarantor&#8217;s obligations in respect of such other debt are terminated at substantially the same time as its guarantee of the debt securities, and (E)&nbsp;any debt that is being refinanced
at substantially the same time that the Guarantee of the debt securities is being released, provided that any obligations of the Guarantor in respect of the debt that is incurred in the refinancing shall be included in the calculation of the
Guarantor&#8217;s indebtedness for borrowed money. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the Guarantees of Brandbrew S.A. and/or Brandbev S.&agrave; r.l., whose
Guarantees are subject to certain limitations described below, will automatically and unconditionally be terminated, with respect to any or all series of the notes issued under each indenture, in the event that AB InBev determines that under the
rules, regulations or interpretations of the SEC such Guarantor would be required to include its financial statements in any registration statement filed with the SEC with respect to any series of notes or guarantees issued under each indenture or
in periodic reports filed with or furnished to the SEC (by reason of such limitations or otherwise). Furthermore, Brandbrew S.A. and/or Brandbev S.&agrave; r.l. will be entitled to amend or modify by execution of indentures supplemental to each
indenture the terms of its Guarantee or the limitations applicable to its Guarantee, as set forth below, in any respect reasonably deemed necessary by Brandbrew S.A. or Brandbev S.&agrave; r.l to meet the requirements of Rule <FONT
STYLE="white-space:nowrap">3-10</FONT> under Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> under the Securities Act (or any successor or similar regulation or exemption) in order for financial statements of such Subsidiary Guarantor not to
be required to be included in any registration statement or in periodic reports filed with or furnished to the SEC. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Guarantee Limitations
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to restrictions imposed by Luxembourg law, notwithstanding anything to the contrary in the Guarantees to be provided by
Brandbrew S.A. or Brandbev S.&agrave; r.l. (each, a &#8220;<B>Luxembourg Guarantor</B>&#8221;), for the purposes of any such Guarantees, the maximum aggregate liability of such Luxembourg Guarantor under its Guarantee (including any actual or
contingent liabilities as a guarantor under the Other Guaranteed Facilities (as defined below)) shall not exceed an amount equal to the aggregate of (without double counting): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all moneys received by such Luxembourg Guarantor and its Subsidiaries as a borrower or
issuer under the Other Guaranteed Facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all outstanding intercompany loans made to such Luxembourg Guarantor and its
Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the Notes issued under each indenture and the Other Guaranteed Facilities; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an amount equal to 100% of the greater of: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to by
article 34 of the law dated 19&nbsp;December 2002 on the commercial register and annual accounts, as amended (the &#8220;<B>Luxembourg Law of 2002</B>&#8221;) and as implemented by the Grand-Ducal regulation dated 18&nbsp;December 2015 setting out
the form and content of the presentation of the balance sheet and profit and loss account (the &#8220;<B>Luxembourg Regulation</B>&#8221;)) as reflected in such Luxembourg Guarantor&#8217;s then most recent annual accounts approved by the competent
organ of such Luxembourg Guarantor (as audited by its statutory auditor (<I>r&eacute;viseur d&#8217;entreprises agr&eacute;&eacute;</I>), if required by law) at the date an enforcement is made under such Luxembourg Guarantor&#8217;s Guarantee and
(y)&nbsp;any amounts owed by such Luxembourg Guarantor to any other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indenture or the Other Guaranteed Facilities (as defined
below); and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of (x)&nbsp;such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) (as referred to by
article 34 of the Luxembourg Law of 2002 and as implemented by the Luxembourg Regulation) as reflected in its most recent annual accounts available as of the date of the Indenture and (y)&nbsp;any amounts owed by such Luxembourg Guarantor to any
other member of the AB InBev Group which have not been funded, directly or indirectly, using the proceeds of borrowings under the Indenture or the Other Guaranteed Facilities. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-44- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, the limitation on the Guarantee provided by such Luxembourg
Guarantor shall not apply to any Guarantee by it of any obligations owed by its Subsidiaries under the Other Guaranteed Facilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In
addition, the obligations and liabilities of Brandbrew S.A. under its Guarantee and under any of the Other Guaranteed Facilities shall not include any obligation which, if incurred, would constitute a breach of the provisions on unlawful financial
assistance as contained in article <FONT STYLE="white-space:nowrap">49-6</FONT> of the Luxembourg Law on Commercial Companies dated 10&nbsp;August 1915, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Other Guaranteed Facilities</B>&#8221; means: (1)&nbsp;any debt securities issued by Anheuser-Busch Companies under (a)&nbsp;the
indenture dated 1&nbsp;August 1995, between Anheuser-Busch Companies, LLC (formerly Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to Chemical Bank), as trustee, (b)&nbsp;the indenture, dated
1&nbsp;July 2001, between Anheuser-Busch Companies, LLC (formerly Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (as successor to The Chase Manhattan Bank), as trustee and (c)&nbsp;the indenture, dated
1&nbsp;October 2007, between Anheuser-Busch Companies, LLC (formerly Anheuser-Busch Companies, Inc.) and The Bank of New York Mellon Trust Company, N.A. (formerly The Bank of New York Trust Company, N.A.), as trustee; (2)&nbsp;the 2010 Senior
Facilities Agreement (as defined in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> under the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital Resources&#8221; and as it may be amended from time to
time); (3) the 2015 Senior Facilities Agreement; (4)&nbsp;any debt securities issued or guaranteed by Brandbrew S.A., Brandbev S.&agrave; r.l. or the Parent Guarantor under the &#128;15,000,000,000 Euro Medium Term Note Programme originally entered
into on 16&nbsp;January 2009, as the same may be amended from time to time; (5)&nbsp;the debt securities issued pursuant to the indenture dated 12&nbsp;January 2009, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev
Worldwide Inc., as issuer, the Parent Guarantor, the subsidiary guarantors named therein and the Trustee; (6)&nbsp;the debt securities issued pursuant to the indenture dated 16&nbsp;October 2009, and the indentures supplemental thereto, in each case
between Anheuser-Busch InBev Worldwide Inc., as Issuer, the Parent Guarantor, the subsidiary guarantors named therein and the Trustee; (7)&nbsp;any debt securities guaranteed by Brandbrew S.A. or Brandbev S.&agrave; r.l. under the U.S. Commercial
Paper Program of short-term notes due up to a maximum of 364 days from the date of issue issued by Anheuser-Busch InBev Worldwide Inc. pursuant to dealer agreements, an issuing and paying agency agreement, the master note, guarantees and private
placement memoranda, each dated on or around 6&nbsp;June 2011, as amended and restated on or around 20&nbsp;August 2014; (8) any debt securities issued pursuant to the indentures dated 17&nbsp;January 2013 and 25&nbsp;January 2016 and the indentures
supplemental thereto, in each case between Anheuser-Busch InBev Finance Inc., as issuer, the Parent Guarantor, the subsidiary guarantors named therein and the Trustee; (9)&nbsp;any debt securities to be issued pursuant to the Indenture and the
indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide Inc., as issuer, the Parent Guarantor, the subsidiary guarantors named therein and the Trustee; and (10)&nbsp;any refinancing (in whole or part) of any of the above
items or for the same or a lower amount. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The Trustee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon Trust Company, N.A. is the trustee and principal paying agent under the Indenture. The trustee has two principal
functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a Holder&#8217;s rights against us if we default on the Notes. There are some limitations
on the extent to which the trustee acts on a Holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the Holder&#8217;s interest payments,
transferring Notes to a new buyer and sending notices to Holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some entities in the AB InBev Group maintain
deposit accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 911 Washington Avenue, 3rd
Floor, St. Louis, Missouri 63101. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs, or an event occurs that would be an Event of Default if the requirements
for giving us default notice or our default having to exist for a specific period of time were disregarded, the trustee may therefore be considered to have a conflicting interest with respect to the Notes or the Indenture for purposes of the Trust
Indenture Act of 1939. In that case, the trustee may be required to resign as trustee under the Indenture and we would be required to appoint a successor trustee. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-45- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice to or the
consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the other Notes of a
series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and the Guarantees) as the previously outstanding Notes of that series in all respects (or in all respects except for the issue date and
the principal amount and, in some cases, the date of the first payment of interest thereon) so that such Additional Notes shall be consolidated and form a single series with the previously outstanding Notes of that series, <I>provided</I> that
either (i)&nbsp;such Additional Notes are fungible with the Notes of such series offered hereby for U.S. federal income tax purposes or (ii)&nbsp;such Additional Notes shall have a separate CUSIP number. Without limiting the foregoing, the Issuer
may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional series of notes with additional or different terms and maturity
dates than the Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of an Issuer; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer or any Guarantor, without the consent of the Holders of any of the Notes, may consolidate with or merge into, or sell, transfer,
lease or convey all or substantially all of their respective assets to, any corporation or an Issuer may at any time substitute for itself either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the Notes (a
&#8220;<B>Substitute Issuer</B>&#8221;), <I>provided</I> that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume the Issuer&#8217;s or
Guarantor&#8217;s respective obligations under the Notes or the Guarantees, as the case may be, and each indenture, as applicable; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer is not in default of any payments due under the Notes and immediately before and after giving effect
to such consolidation, merger, sale, transfer, lease, conveyance or substitution, no Event of Default shall be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the Notes and the Indenture are
fully, irrevocably and unconditionally guaranteed by the Guarantors (other than the Substitute Issuer, if applicable) on the same terms as existed immediately prior to such substitution under the Guarantees given by such Guarantors;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the Issuer and the Substitute Issuer jointly and severally indemnify each Holder for any
income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder), <I>provided</I>, <I>however</I>, that such indemnification shall not
apply to any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;<B>Code</B>&#8221;), any current or future regulations or official interpretations
thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of
such Sections of the Code, and shall not require the payment of Additional Amounts on account of any such withholding or deduction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the Notes are listed, if any, shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such Notes will continue to be listed on such stock exchange; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the Notes, if any, shall have confirmed that, following the proposed substitution
of the Substitute Issuer, such Notes will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-46- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;<B>Affiliate</B>&#8221; shall mean, with respect to any specified person, any other person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of
any substitution, all of the foregoing provisions will apply <I>mutatis mutandis</I>, and references elsewhere herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references to any successor company.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications and Amendment </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental agreement or modifying in any manner the rights of the
Holders under the debt securities or the Guarantees only with the consent of the Holders of not less than a majority in aggregate principal amount of the Notes then outstanding (irrespective of series) that would be affected by the proposed
modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any installment of interest on, any Note, or reduce the principal amount or the interest thereof, or extend the time of
payment of any installment of interest thereon, or change the currency of payment of principal of, or interest on, any Note, or change the Issuer&#8217;s or a Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any
Holder to institute suit for the enforcement of any such payment on or after the due date thereof (or in the case of redemption on or after the Redemption Date) or change in any manner adverse to the interests of the Holders the terms and provisions
of the Guarantees in respect of the due and punctual payment of the principal amount of the Notes then outstanding <I>plus</I> accrued and unpaid interest (and all Additional Amounts, if any) without the consent of the Holder of each Note so
affected; or (b)&nbsp;reduce the aforesaid percentage of Holders whose consent is required for any such agreement, without the consent of the Holders of the Notes then outstanding. To the extent that any changes directly affect fewer than all the
series of the debt securities, only the consent of the Holders (in the respective percentages set forth above) will be required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
Issuer, the Guarantors and the Trustee may, without the consent of the Holders, from time to time execute agreements or amendments or enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for
one or more of the following purposes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and
the assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to add to the covenants of the Issuer or the Guarantors, for the benefit of the holders of Notes, or to
surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to add any additional Events of Default for the benefit of the holders of Notes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to add to, change or eliminate any of the provisions of the Indenture, <I>provided</I> that any such addition,
change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any debt security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of Holders
with respect to such provision or (B)&nbsp;shall become effective only when there are no Notes outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to modify the restrictions on and procedures for resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-47- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (i)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (ii)&nbsp;additional or different Events of Default in respect of such series, (iii)&nbsp;a longer or shorter period of
grace and/or notice in respect of any provision applicable to such series than is otherwise provided, (iv)&nbsp;immediate enforcement of any Event of Default in respect of such series or (v)&nbsp;limitations upon the remedies available in respect of
any Events of Default in respect of such series or upon the rights of the holders of securities of such series to waive any such Event of Default; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any conflict between the terms hereof and the Trust Indenture Act
or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the Holders
to which such provision relates in any material respect; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to &#8220;reopen&#8221; the Notes and create and issue additional debt securities having identical terms and
conditions as the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to add any Subsidiary of the Parent Guarantor as a Guarantor with respect to the Notes, subject to applicable
regulatory or contractual limitations relating to such Subsidiary&#8217;s Guarantee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;&#8212;Guarantees&#8221; above; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;&#8212;Guarantees&#8221; above; or </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">to make any other change
that does not materially adversely affect the interests of the Holders. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge and Defeasance </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indentures </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
Indenture provides that the Issuer and the Guarantors will be discharged from any and all obligations in respect of the Indenture (except for certain obligations to register the transfer or exchange of debt securities, replace stolen, lost or
mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on all debt
securities outstanding thereunder; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities
outstanding theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Redemption&#8212;Optional Redemption of the Notes&#8221;
within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption, and, in any such case, the Issuer or Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of
interest thereon and principal thereof in accordance with their terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal
of, and interest (and Additional Amounts, if any) on, all such debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts
payable under the Indenture. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-48- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are (i)&nbsp;direct
obligations of the U.S. government or (ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S. government, which,
in either case, are full faith and credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Indenture
also provides that the Issuer and the Guarantors need not comply with certain covenants of such indenture (including those described under &#8220;&#8212;Limitation on Liens&#8221;), and the Guarantors shall be released from their obligations under
the Guarantees, if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer or the Guarantors irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the Holders, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and principal thereof in
accordance with their terms will provide not later than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of, and interest on, the
Notes then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">certain Events of Default, or events which with notice or lapse of time or both would become such an Event of
Default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such Covenant
Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation
or use or hold or are deemed to use or hold their Notes in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect that payments
out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the case of Notes
beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such Notes in carrying on a business in such jurisdiction of
incorporation; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217; certificate and an
opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;<B>Covenant Defeasance</B>&#8221;. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Limitation on Liens </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">So long as the Notes
remain outstanding, the Parent Guarantor will not, nor will it permit any Restricted Subsidiary to, create, assume, guarantee or suffer to exist any mortgage, pledge, security interest or lien (an &#8220;<B>Encumbrance</B>&#8221;) on any of its
Principal Plants or on any capital stock of any Restricted Subsidiary without effectively providing that the Notes (together with, if the Parent Guarantor shall so determine, any other indebtedness of the Parent Guarantor then existing or thereafter
created ranking equally with the Notes and any other indebtedness of such Restricted Subsidiary then existing or thereafter created) shall be secured by the security for such secured indebtedness equally and ratably therewith, <I>provided</I>,
<I>however</I>, the above limitation does not apply to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase money liens, so long as such liens attach only to the assets so acquired and improvements thereon;
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-49- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the time of acquisition of property (including through merger or consolidation) or
securing indebtedness the proceeds of which are used to pay or reimburse the Parent Guarantor or a Restricted Subsidiary for the cost of such property (<I>provided</I> such indebtedness is incurred within 180 days after such acquisition);
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances on property of a Restricted Subsidiary existing at the time it becomes a Restricted Subsidiary;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances to secure the cost of development or construction of property, or improvements thereon,
<I>provided</I> that the recourse of the creditors in respect of such indebtedness is limited to such property and improvements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances in connection with the acquisition or construction of Principal Plants or additions thereto
financed by <FONT STYLE="white-space:nowrap">tax-exempt</FONT> securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances securing indebtedness owing to the Parent Guarantor or a Restricted Subsidiary by a Restricted
Subsidiary; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the date of the applicable indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances required in connection with state or local governmental programs which provide financial or tax
benefits, provided the obligations secured are in lieu of or reduce an obligation that would have been secured by an Encumbrance permitted under each indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance arising by operation of law and not securing amounts more than ninety (90)&nbsp;days overdue or
otherwise being contested in good faith; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">judgment Encumbrances not giving rise to an Event of Default; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made in the ordinary course of business, including, but not limited to,
(i)&nbsp;any mechanics&#8217;, materialmen&#8217;s, carriers&#8217;, workmen&#8217;s, vendors&#8217; or other like Encumbrances, (ii)&nbsp;any Encumbrances securing amounts in connection with workers&#8217; compensation, unemployment insurance and
other types of social security, and (iii)&nbsp;any easements, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">rights-of-way,</FONT></FONT> restrictions and other similar charges; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance upon specific items of inventory or other goods and proceeds of the Parent Guarantor or any
Restricted Subsidiary securing the Parent Guarantor&#8217;s or any such Restricted Subsidiary&#8217;s obligations in respect of bankers&#8217; acceptances issued or created for the account of such person to facilitate the purchase, shipment or
storage of such inventory or other goods; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made securing the performance of tenders, bids, leases, statutory
obligations, surety and appeal bonds, government contracts, performance and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-of-money</FONT></FONT> bonds and other obligations of like nature incurred in the ordinary course of
business; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance on any Principal Plant of the Parent Guarantor or any Restricted Subsidiary in favor of the
Federal Government of the United States or the government of any State thereof, or the government of the United Kingdom, or any state in the European Union, or any instrumentality of any of them, securing the obligations of the Parent Guarantor or
any Restricted Subsidiary pursuant to any contract or payments owed to such entity pursuant to applicable laws, rules, regulations or statutes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(o)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance securing taxes or assessments or other applicable governmental charges or levies;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(p)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">extensions, renewals or replacements of the Encumbrances referred to in clauses (a)&nbsp;through (o),
<I>provided</I> that the amount of indebtedness secured by such extension, renewal or replacement shall not exceed the principal amount of indebtedness being extended, renewed or replaced, together with the amount of any premiums, fees, costs and
expenses associated with such extension, renewal or replacement, nor shall the pledge, mortgage or lien be extended to any additional Principal Plant unless otherwise permitted under this covenant; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(q)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">as permitted under the provisions described in the following two paragraphs herein; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(r)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in connection with sale-leaseback transactions permitted under the Indenture. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-50- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding the provisions described in the immediately preceding paragraph, the Parent
Guarantor or any Restricted Subsidiary may, without ratably securing the Notes, create, assume, guarantee or suffer to exist any indebtedness which would otherwise be subject to such restrictions, and renew, extend or replace such indebtedness,
<I>provided</I> that the aggregate amount of such indebtedness, when added to the fair market value of property transferred in certain sale and leaseback transactions permitted by the Indenture as described below under &#8220;Sale-Leaseback
Transactions Relating to Principal Plants&#8221; (computed without duplication of amount) does not at the time exceed 15% of Net Tangible Assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the Parent Guarantor or any Restricted Subsidiary merges or consolidates with, or purchases all or substantially all of the assets of,
another corporation, or the Parent Guarantor sells all or substantially all of its assets to another corporation, and if such other corporation has outstanding obligations secured by an Encumbrance which, by reason of an after-acquired property
clause or similar provision, would extend to any Principal Plant owned by the Parent Guarantor or such Restricted Subsidiary immediately prior thereto, the Parent Guarantor or such Restricted Subsidiary, as the case may be, will in such event be
deemed to have created an Encumbrance, within the prohibition of the covenant described above, unless (a)&nbsp;such merger or consolidation involving a Restricted Subsidiary constitutes a disposition by the Parent Guarantor of its interest in the
Restricted Subsidiary or (b)&nbsp;(i) at or prior to the effective date of such merger, consolidation, sale or purchase, such Encumbrance shall be released of record or otherwise satisfied to the extent it would extend to such Principal Plant,
(ii)&nbsp;prior thereto, the Parent Guarantor or such Restricted Subsidiary shall have created, as security for the debt securities (and, if the Parent Guarantor shall so determine, as security for any other indebtedness of the Parent Guarantor then
existing or thereafter created ranking equally with the Notes and any other indebtedness of such Restricted Subsidiary then existing or thereafter created), a valid Encumbrance which will rank equally and ratably with the Encumbrances of such other
corporation on such Principal Plant of the Parent Guarantor or such Restricted Subsidiary, as the case may be, or (iii)&nbsp;such Encumbrance is otherwise permitted or complies with the covenant described above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In each instance referred to in the preceding paragraphs where the Parent Guarantor is obligated to provide security for the Notes (except,
for certain issues of indebtedness, in the case of transactions relating to stock of a Restricted Subsidiary), the Parent Guarantor would be required to provide comparable security for other outstanding indebtedness under the Indenture and other
agreements relating thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Events of Default </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The occurrence and continuance of one or more of the following events will constitute an &#8220;<B>Event of Default</B>&#8221; under the
Indenture and under the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or
administrative error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided</I>,<I> further</I>, that, in the case of a
redemption payment, no Event of Default shall occur for 30 days following a failure to make such payment; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>cross-acceleration</I>&#8212;any obligation for the payment or repayment of borrowed money having an
aggregate outstanding principal amount of at least &#128;100,000,000 (or its equivalent in any other currency) of the Issuer or a Guarantor becomes due and payable prior to its stated maturity by reason of a default and is not paid within 30 days;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-51- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the
Notes shall already have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the
Parent Guarantor and the Trustee as provided in the Indenture, may declare the entire principal of all the Notes, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event of Default
specified in paragraph (d)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder, become
immediately due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all defaults and
rescind and annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the Indenture at
the request of any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of
the outstanding Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as
such direction would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other
formal legal action or take other steps to enforce your rights or protect your interests relating to the Notes, the following must occur: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Trustee must be given written notice that an Event of Default has occurred and remains uncured.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make
a written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">We will furnish to the Trustee every year a written statement of certain of our officers and directors,
certifying that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-52- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that any Guarantor is required to make payments in respect of the Notes, such Guarantor will make all payments in respect of the
Notes without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which such Guarantor is
incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or therein having power to tax (the &#8220;<B>Relevant Taxing Jurisdiction</B>&#8221;) unless such withholding or deduction is required by law.
In such event, such Guarantor will pay to the Holders such additional amounts (the &#8220;<B>Additional Amounts</B>&#8221;) as shall be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal
the respective amounts of principal and interest which would otherwise have been receivable in the absence of such withholding or deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by any Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the Notes or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in the Relevant
Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are deducted or withheld pursuant to (i)&nbsp;any European Union directive or regulation concerning the
taxation of interest income; (ii)&nbsp;any international treaty or understanding relating to such taxation and to which the Relevant Taxing Jurisdiction or the European Union is a party, or (iii)&nbsp;any provision of law implementing, or complying
with, or introduced to conform with, such directive, regulation, treaty or understanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (h) above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the Notes shall be deemed to include any Additional Amounts, which may be payable as set
forth in each indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, any amounts to be paid by the Issuer or any Guarantor on the Notes will be paid net of any
deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any
fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (&#8220;<B>FATCA Withholding</B>&#8221;). Neither any Guarantor
nor any Issuer will be required to pay Additional Amounts on account of any FATCA Withholding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant regarding
Additional Amounts will not apply to any Guarantor at any time when such Guarantor is incorporated in a jurisdiction in the United States; <I>provided</I>, <I>however</I>, that such covenant will apply to the Issuer at any time when it is
incorporated in a jurisdiction outside of the United States. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-53- </P>

</DIV></Center>


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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.700% Notes due 2036 and the 4.900% Notes due 2046 </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2036 (the &#8220;<B>2036 Fixed Rate Notes</B>&#8221;) will bear interest at a rate of 4.700% per year and the fixed
rate notes due 2046 (the &#8220;<B>2046 Fixed Rate Notes</B>&#8221; and together with 2036 Fixed Rate Notes, the &#8220;<B>January 2016 Notes</B>&#8221;) will bear interest at a rate of 4.900% per year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The January 2016 Notes are issued by Anheuser-Busch InBev Finance Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the January 2016
Notes) and are fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Worldwide Inc., Brandbev S.&agrave; r.l., Brandbrew S.A., Cobrew NV, and Anheuser-Busch Companies,
LLC (the &#8220;<B>Subsidiary Guarantors,</B>&#8221; and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;, with respect to the January 2016 Notes). Each series of January 2016 Notes is listed on the New York Stock Exchange.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the January 2016 Notes are issued under a supplemental indenture to the indenture dated January&nbsp;25, 2016 (the
&#8220;<B>Indenture</B>&#8221;, with respect to the January 2016 Notes), entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the
&#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the January 2016 Notes and the Indenture does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the
January 2016 Notes and the Indenture, including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The January 2016 Notes are senior unsecured obligations of the Issuer and rank equally with all other existing and future unsecured and
unsubordinated debt obligations of the Issuer. The January 2016 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The January 2016 Notes were issued in denominations of $1,000 and integral
multiples of $1,000 in excess thereof. The January 2016 Notes do not provide for any sinking fund. The January 2016 Notes will be recorded on, and transferred through, the records maintained by DTC and its direct and indirect participants, including
Euroclear S.A./N.V. (&#8220;<B>Euroclear</B>&#8221;) and Clearstream Banking, <I>soci&eacute;t&eacute; anonyme</I> (&#8220;<B>Clearstream</B>&#8221;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets are open, or not authorized to close, in the City of New York,
London and Brussels. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2036 Fixed Rate Notes will be initially limited to $6,000,000,000 aggregate principal amount and will mature on
1&nbsp;February 2036. The 2046 Fixed Rate Notes will be initially limited to $11,000,000,000 aggregate principal amount and will mature on 1&nbsp;February 2046. Interest on the January 2016 Notes will be payable semi-annually in arrears on
1&nbsp;February and 1&nbsp;August of each year, commencing on 1&nbsp;August 2016. Interest on the January 2016 Notes will accrue from 25&nbsp;January 2016. The January 2016 Notes are senior unsecured obligations of the Issuer and will rank equally
with all other existing and future unsecured and unsubordinated debt obligations of the Issuer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the January 2016
Notes of each series until the principal of such January 2016 Notes is paid or duly made available for payment. Interest on the January 2016 Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting
of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of interest on or principal of any January 2016 Note or the date fixed for redemption or payment in connection with an acceleration of any January 2016 Note is
not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or
payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the January 2016
Notes will be paid to the persons in whose names the January 2016 Notes are registered at the close of business on the 15&nbsp;January and 15&nbsp;July immediately preceding the applicable interest payment date, whether or not such date is a
Business Day. The January 2016 Notes, may be redeemed at any time prior to maturity in the circumstances described under &#8220;&#8212;Optional Redemption&#8221; and may be redeemed prior to maturity in the circumstances described under
&#8220;&#8212;Special Mandatory Redemption&#8221; and &#8220;&#8212;Optional Tax Redemption.&#8221; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-54- </P>

</DIV></Center>


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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The January 2016 Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice
to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional January 2016 Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the
other January 2016 Notes of a series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and the Guarantees) as the previously outstanding January 2016 Notes of that series in all respects (or in
all respects except for the issue date and the principal amount and, in some cases, the date of the first payment of interest thereon) so that such Additional Notes shall be consolidated and form a single series with the previously outstanding
January 2016 Notes of that series, <I>provided</I> that either (i)&nbsp;such Additional Notes are fungible with the January 2016 Notes of such series offered hereby for U.S. federal income tax purposes or (ii)&nbsp;such Additional Notes shall have a
separate CUSIP number. Without limiting the foregoing, the Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional
series of notes with additional or different terms and maturity dates than the January 2016 Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem each series of January 2016 Notes, , as a whole or in part at any time prior to, the applicable Par Call
Date (as set forth in the table below), upon not less than 30 nor more than 60 days&#8217; prior notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the Fixed Rate Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the Fixed Rate Notes to be redeemed as if the Fixed Rate Notes to be redeemed matured on the applicable Par Call Date (as defined herein) for the 2036 Fixed Rate Notes and 2046 Fixed Rate
Notes (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT
STYLE="white-space:nowrap">30-day</FONT> months) at the Treasury Rate plus the applicable Spread (as defined herein) for such series of Fixed Rate Notes; </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount being redeemed to (but excluding) such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the 2036 Fixed Rate Notes and the 2046 Fixed Rate Notes will be redeemable in whole or in part, at the Issuers option at any time and
from time to time on or after the applicable Par Call Date, at a redemption price equal to 100% of the principal amount of the Fixed Rate Notes being redeemed, plus accrued and unpaid interest to, but excluding the date of redemption. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Series</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Maturity Date/Par Call Date</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Spread</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2036 Fixed Rate Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">1&nbsp;August 2035 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">30 bps</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">2046 Fixed Rate Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">1&nbsp;August 2045 (six months prior to maturity)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">35 bps</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any redemption date: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the yield, under the heading which represents the average for the immediately preceding week, appearing in the
most recently published statistical release designated &#8220;H.15(519)&#8221; or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S.
treasury securities adjusted to constant maturity under the caption &#8220;Treasury constant maturities&#8212;Nominal,&#8221; for the maturity corresponding to the applicable Comparable Treasury Issue (if no maturity is within three months before or
after the remaining term of the Fixed Rate Notes, yields for the two published maturities most closely corresponding to the applicable Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such
yields on a straight-line basis, rounding to the nearest month); or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the applicable Comparable Treasury Issue, calculated using a price for the applicable Comparable Treasury Issue (expressed as a percentage of
its principal amount) equal to the applicable Comparable Treasury Price for such redemption date. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-55- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Treasury Rate will be calculated on the third Business Day preceding such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Issue</B>&#8221; means the U.S. Treasury security (not inflation-indexed) selected by an Independent Investment
Banker as having a maturity comparable to the remaining term of the Fixed Rate Notes to be redeemed as if such Fixed Rate Notes had matured on the applicable Par Call Date for the 2036 Fixed Rate Notes and the 2046 Fixed Rate Notes that would be
utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Fixed Rate Notes through the applicable Par Call Date for
the the 2036 Fixed Rate Notes and the 2046 Fixed Rate Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Price</B>&#8221; means, with respect to a
redemption date, (i)&nbsp;the average of five Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii)&nbsp;if the Independent Investment Banker obtains fewer
than five such Reference Treasury Dealer Quotations, the average of all such quotations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment
Banker</B>&#8221; means Barclays Capital Inc., Deutsche Bank Securities Inc. or Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, as specified by the Issuer, or if all of these firms are unwilling or unable to serve in that capacity, an
independent investment banking institution of national standing in the United States appointed by the Issuer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference
Treasury Dealer</B>&#8221; means (i)&nbsp;Barclays Capital Inc., Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, and their respective successors, <I>provided</I>, <I>however</I>, that if any of the
foregoing shall cease to be a primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii)&nbsp;any three other
Primary Treasury Dealers selected by the Issuer after consultation with an Independent Investment Banker. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury
Dealer Quotations</B>&#8221; means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the applicable Comparable Treasury Issue
(expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the Issuer (and/or the Guarantors) defaults on payment of the redemption price, from and after the redemption date interest will cease
to accrue on the January 2016 Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside,
segregate and hold in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the January 2016 Notes to be redeemed on such date. If fewer than all of the January 2016 Notes of any series are to be
redeemed, the Trustee will select, not more than 60 days prior to the redemption date, the particular January 2016 Notes of such series or portions thereof for redemption from the outstanding January 2016 Notes of that series not previously called
for redemption, on a pro rata basis across such series, or by such method as the Trustee deems fair and appropriate, <I>provided</I> that if the January 2016 Notes of a series are represented by one or more global notes, interests in such global
notes shall be selected for redemption by DTC in accordance with its standard procedures therefor. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A series of January 2016 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not
in part, upon not less than 30 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being
redeemed (and all Additional Amounts (see &#8220;&#8212;Additional Amounts&#8221; below), if any) to (but excluding) the redemption date, if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a
jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or any authority thereof or therein having power to tax, or in the interpretation, application or administration of
any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which becomes effective on or after 25&nbsp;January 2016 (any such change or amendment, a &#8220;<B>Change in Tax
Law</B>&#8221;, with respect to the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-56- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
January 2016 Notes), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional Amounts, with respect to the Notes of such series and
(ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the circumstances described under &#8220;&#8212;Additional
Amounts&#8221; below; <I>provided, however</I>, that the January 2016 Notes of such series may not be redeemed to the extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the January 2016 Notes of
such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is undertaken as part of a plan of merger by Parent Guarantor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing, the Issuer or the relevant Guarantor will deliver to the Trustee
an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result of a Change in Tax Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the relevant Guarantor would be
obligated to pay Additional Amounts if a payment in respect of the Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing provisions shall apply <I>mutatis
mutandis</I> to any successor person, after such successor person becomes a party to the Indenture. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Events of Default </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The occurrence and continuance of one or more of the following events will constitute an &#8220;<B>Event of Default</B>&#8221; under the Indenture and under
the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or administrative
error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided further</I> that, in the case of a redemption payment, no Event
of Default shall occur for 30 days following a failure to make such payment; </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>cross-acceleration</I>&#8212;any obligation for the payment or repayment of borrowed money having an
aggregate outstanding principal amount of at least &#128;100,000,000 (or its equivalent in any other currency) of the Issuer or a Guarantor becomes due and payable prior to its stated maturity by reason of a default and is not paid within 30 days;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-57- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the Notes shall already
have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the Parent Guarantor and
the Trustee as provided in the Indenture, may declare the entire principal of all the Notes of such series, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event of Default specified
in paragraph (d)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder, become immediately
due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all defaults and rescind and
annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the Indenture at the request of
any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of the outstanding
Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as such direction
would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other formal legal action or take other
steps to enforce your rights or protect your interests relating to the Notes, the following must occur: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Trustee must be given written notice that an event of default has occurred and remains uncured.
</P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make
a written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We will furnish to the Trustee every year a written statement of certain of our officers and directors, certifying
that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications and Amendment </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or eliminating any of the provisions of
the Indenture or of any supplemental agreement or modifying in any manner the rights of the Holders under the Notes or the Guarantees only with the consent of the Holders of not less than a majority in aggregate principal amount of the notes then
outstanding (irrespective of series) that would be affected by the proposed modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any installment of interest on, any Note, or
reduce the principal amount or the interest thereof, or extend the time of payment of any installment of interest thereon, or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-58- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">change the currency of payment of principal of, or interest on, any Note, or change the Issuer&#8217;s or a
Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any Holder to institute suit for the enforcement of any such payment on or after the due date thereof (or in the case of redemption on or after the redemption
date) or change in any manner adverse to the interests of the Holders the terms and provisions of the Guarantees in respect of the due and punctual payment of principal amount of the Notes then outstanding plus accrued and unpaid interest (and all
Additional Amounts, if any) without the consent of the Holder of each Note so affected; or (b)&nbsp;reduce the aforesaid percentage of notes, the consent of the Holders of which is required for any such agreement, without the consent of all of the
Holders of the affected series of the notes then outstanding. To the extent that any changes directly affect fewer than all the series of the notes issued under the Indenture, only the consent of the Holders of notes of the relevant series (in the
respective percentages set forth above) will be required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may, without the consent of the Holders, from time
to time execute agreements or amendments or enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for one or more of the following purposes: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and the
assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture and the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to the covenants of the Issuer or the Guarantors, for the benefit of the Holders of the Notes issued under
the Indenture, or to surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any additional events of default for the benefit of the Holders of the Notes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to, change or eliminate any of the provisions of the Indenture in respect of the Notes, <I>provided</I>
that any such addition, change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any Note created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of the Holder
of any such Note with respect to such provision or (B)&nbsp;shall become effective only when there is no such Note outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to modify the restrictions on and procedures for, resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (a)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (b)&nbsp;additional or different events of default in respect of such series, (c)&nbsp;a longer or shorter period of grace
and/or notice in respect of any provision applicable to such series than is otherwise provided, (d)&nbsp;immediate enforcement of any event of default in respect of such series or (e)&nbsp;limitations upon the remedies available in respect of any
events of default in respect of such series or upon the rights of the holders of securities of such series to waive any such event of default; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">(a) to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-59- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">
conflict between the terms thereof and the Trust Indenture Act or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental
agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the Holders to which such provision relates in any material respect; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to &#8220;reopen&#8221; the Notes and create and issue additional Notes having identical terms and conditions as
the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any Subsidiary of the Parent Guarantor as a Guarantor with respect to any series of notes, subject to
applicable regulatory or contractual limitations relating to such subsidiary&#8217;s Guarantee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to make any other change that does not materially adversely affect the interests of the holders of the notes
affected thereby. </P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The Trustee </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The
Bank of New York Mellon Trust Company, N.A. is the trustee and principal paying agent under each indenture. The trustee has two principal functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a holder&#8217;s rights against us if we default on debt securities issued under the
relevant indenture. There are some limitations on the extent to which the trustee acts on a holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the holder&#8217;s interest payments,
transferring debt securities to a new buyer and sending notices to holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some of our subsidiaries maintain
deposit accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 911 Washington Avenue, 3rd
Floor; St. Louis, Missouri 63101. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an event of default occurs, or an event occurs that would be an event of default if the requirements
for giving us default notice or our default having to exist for a specific period of time were disregarded, the trustee may therefore be considered to have a conflicting interest with respect to the debt securities or the applicable indenture for
purposes of the Trust Indenture Act of 1939. In that case, the trustee may be required to resign as trustee under the applicable indenture and we would be required to appoint a successor trustee. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of an Issuer or Guarantor; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In all cases subject to any provisions contained in the applicable prospectus supplement describing the Holders&#8217; option to require repayment upon a
change in control, (i)&nbsp;any Issuer or Guarantor, without the consent of the Holders of any of the debt securities, may consolidate with or merge into, or sell, transfer, lease or convey all or substantially all of their respective assets to, any
corporation or (ii)&nbsp;an Issuer may at any time substitute for itself either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the debt securities (a &#8220;<B>Substitute Issuer</B>&#8221;); provided
that:<B>&nbsp;</B> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume such Issuer&#8217;s or
Guarantor&#8217;s respective obligations under the debt securities or the Guarantees, as the case may be, and each indenture, as applicable, except that if the Parent Guarantor is merged into any corporation
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-60- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">
organized under the laws of the Kingdom of Belgium via a &#8220;merger by absorption&#8221; in accordance with the Belgian Companies Code, that successor company shall, by virtue of the operation
of Belgian law and without any further action by the Parent Guarantor or its successor, assume the obligations of the Parent Guarantor under the Guarantees and each indenture and no express assumption will be required; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">such Issuer is not in default of any payments due under the debt securities and immediately before and after
giving effect to such consolidation, merger, sale, transfer, lease, conveyance or substitution, no Event of Default shall be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the debt securities and each
indenture, as applicable, are fully, irrevocably and unconditionally guaranteed by the Guarantors (other than the Substitute Issuer, if applicable) on the same terms as existed immediately prior to such substitution under the Guarantees given by
such Guarantors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the applicable Issuer and the Substitute Issuer jointly and severally indemnify each
Holder for any income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder), provided, however, that such indemnification shall not
apply to any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;<B>Code</B>&#8221;), any current or future regulations or official interpretations
thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of
such Sections of the Code, and shall not require the payment of additional amounts on account of any such withholding or deduction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the debt securities are listed, if any, shall have confirmed that, following the
proposed substitution of the Substitute Issuer, such debt securities will continue to be listed on such stock exchange; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the debt securities, if any, shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;<B>Affiliate</B>&#8221; shall mean, with respect to any specified person, any other person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of
any substitution, all of the foregoing provisions will apply mutatis mutandis, and references elsewhere herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references, to any successor company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge and Defeasance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indentures
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each indenture provides that the applicable Issuer and the Guarantors will be discharged from any and all obligations in respect
of such indenture (except for certain obligations to register the transfer of or exchange debt securities, replace stolen, lost or mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on
all debt securities outstanding thereunder; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-61- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities
outstanding theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Optional Redemption&#8221; within one year under arrangements
satisfactory to the Trustee for the giving of notice of redemption, and, in any such case, the applicable Issuer or Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust, specifically pledged as security
for, and dedicated solely to, the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of interest thereon and principal
thereof in accordance with their terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal of, and interest (and Additional
Amounts, if any) on, all such debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts payable under the applicable
indenture by the applicable Issuer. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are
(i)&nbsp;direct obligations of the U.S. government or (ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S.
government, which, in either case, are full faith and credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof.<B>&nbsp;</B> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each
indenture also provides that the applicable Issuer and the Guarantors need not comply with certain covenants of such indenture (including those described under &#8220;&#8212;Certain Covenants&#8212;Limitation on Liens&#8221;), and the Guarantors
shall be released from their obligations under the Guarantees, if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer or the Guarantors irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the holders of such debt securities, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and
principal thereof in accordance with their terms will provide not later than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of,
and interest on, the debt securities then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">certain events of default, or events which with notice or lapse of time or both would become such an event of
default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such
Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of
recognized standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation
or use or hold or are deemed to use or hold their debt securities in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect
that payments out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the
case of debt securities beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such debt securities in carrying on a
business in such jurisdiction of incorporation; and </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-62- </P>

</DIV></Center>


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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the applicable Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217;
certificate and an opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;Covenant Defeasance.&#8221; </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that
any Guarantor is required to make payments in respect of the Notes, such Guarantor will make all payments in respect of the Notes without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed
or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which such Guarantor is incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or therein having power to
tax (the &#8220;<B>Relevant Taxing Jurisdiction</B>&#8221;) unless such withholding or deduction is required by law. In such event, such Guarantor will pay to the Holders such additional amounts (the &#8220;<B>Additional Amounts</B>&#8221;) as shall
be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal the respective amounts of principal and interest which would otherwise have been receivable in the absence of such withholding or
deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by any Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the Notes or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in the Relevant
Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are deducted or withheld pursuant to (i)&nbsp;any European Union directive or regulation concerning the
taxation of interest income; (ii)&nbsp;any international treaty or understanding relating to such taxation and to which the Relevant Taxing Jurisdiction or the European Union is a party, or (iii)&nbsp;any provision of law implementing, or complying
with, or introduced to conform with, such directive, regulation, treaty or understanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (h) above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the Notes shall be deemed to include any Additional Amounts, which may be payable as set
forth in each indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-63- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, any amounts to be paid by the Issuer or any Guarantor on the Notes will be paid
net of any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section&nbsp;1471(b) of the
Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (&#8220;<B>FATCA Withholding</B>&#8221;). Neither
any Guarantor nor any Issuer will be required to pay Additional Amounts on account of any FATCA Withholding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant
regarding Additional Amounts will not apply to any Guarantor at any time when such Guarantor is incorporated in a jurisdiction in the United States; <I>provided</I>, <I>however</I>, that such covenant will apply to the Issuer at any time when it is
incorporated in a jurisdiction outside of the United States. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.625% Notes due 2044 </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2044 (the &#8220;<B>2044 Notes</B>&#8221;) will bear interest at a rate of 4.625% per year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes are issued by Anheuser-Busch InBev Finance Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the 2044 Notes) and are fully
and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Worldwide Inc., Brandbev S.&agrave; r.l., BrandBrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC (the
&#8220;<B>Subsidiary Guarantors</B>&#8221;, and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;). The 2044 Notes are listed on the New York Stock Exchange. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes are issued under a supplemental indenture to the indenture (the &#8220;<B>Indenture</B>&#8221;), dated January&nbsp;17, 2013,
among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the
Notes and the Indenture should be read together with &#8220;Description of Debt Securities&#8212;Terms Applicable to the 2044 Notes and the 2043 Notes&#8221; below. This information, however, does not purport to be complete and is subject to, and is
qualified in its entirety by reference to, all the provisions of the 2044 Notes and the Indenture, including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the Trust Indenture Act of
1939, as amended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes are senior unsecured obligations of the Issuer and rank equally with all other existing and future
unsecured and unsubordinated debt obligations of the Issuer. The 2044 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The 2044 Notes are issued in denominations of $1,000 and integral
multiples of $1,000 in excess thereof. The 2044 Notes do not provide for any sinking fund. The Notes will be recorded on, and transferred through, the records maintained by DTC and its direct and indirect participants, including Euroclear S.A./N.V.
(&#8220;<B>Euroclear</B>&#8221;) and Clearstream Banking, <I>soci&eacute;t&eacute; anonyme</I> (&#8220;<B>Clearstream</B>&#8221;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets are open, or not authorized to close, in the City
of New York, London and Brussels. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes are initially limited to $850,000,000 in aggregate principal amount and will mature on
February&nbsp;1, 2044. Interest on the 2044 Notes will be payable semi-annually in arrears on February&nbsp;1 and August&nbsp;1 of each year, commencing on August&nbsp;1, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the 2044 Notes of each series until the principal of such 2044 Notes is paid or duly made available for payment.
Interest on the 2044 Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of interest on or principal of
any 2044 Note or the date fixed for redemption or payment in connection with an acceleration of any 2044 Note is not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business
Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the 2044 Notes will be paid to the persons in whose names the 2044 Notes are registered at the close of business on the
January&nbsp;15 and July&nbsp;15 immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The 2044 Notes may be redeemed at any time prior to maturity in the circumstances described under
&#8220;&#8212;Optional Redemption&#8221; and all of the Notes may be redeemed at any time prior to maturity in the circumstances described under &#8220;&#8212;Optional Tax Redemption.&#8221; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-64- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice to or
the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the other 2044 Notes
of a series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and the Guarantees) as the previously outstanding 2044 Notes of that series in all respects (or in all respects except for the issue
date and the amount and, in some cases, the date of the first payment of interest thereon) so that such Additional Notes shall be consolidated and form a single series with the previously outstanding 2044 Notes of that series. Without limiting the
foregoing, the Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional series of notes with additional or
different terms and maturity dates than the 2044 Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem the 2044 Notes, as a whole or in part at any time upon not less than 30 nor more than 60 days&#8217;
prior notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the 2044 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the 2044 Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT
STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) at the Treasury Rate plus 15 basis points; </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount being redeemed to (but excluding) such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any redemption date: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the yield, under the heading which represents the average for the immediately preceding week, appearing in the
most recently published statistical release designated &#8220;H.15(519)&#8221; or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S.
treasury securities adjusted to constant maturity under the caption &#8220;Treasury constant maturities&#8212;Nominal,&#8221; for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the
remaining term of the 2044 Notes, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight-line
basis, rounding to the nearest month); or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such redemption date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Treasury Rate will be calculated on the third
Business Day preceding such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Issue</B>&#8221; means the U.S. Treasury security (not
inflation-indexed) selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the 2044 Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such 2044 Notes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-65- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Price</B>&#8221; means, with respect to a redemption date,
(i)&nbsp;the average of five Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii)&nbsp;if the Independent Investment Banker obtains fewer than five such
Reference Treasury Dealer Quotations, the average of all such quotations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means
Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated or RBS Securities Inc., as specified by the Issuer, or if all of these firms are unwilling or unable to
serve in that capacity, an independent investment banking institution of national standing in the United States appointed by the Issuer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221; means (i)&nbsp;Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities
LLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated and RBS Securities Inc., and their respective successors, <I>provided</I>, <I>however</I>, that if any of the foregoing shall cease to be a primary U.S. government securities dealer in
the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii)&nbsp;any three other Primary Treasury Dealers selected by the Issuer after consultation with an
Independent Investment Banker. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer Quotations</B>&#8221; means, with respect to each Reference Treasury
Dealer and any redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the
Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the
Issuer (and/or the Guarantors) defaults on payment of the redemption price, from and after the redemption date interest will cease to accrue on the 2044 Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit
with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and hold in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the
2044 Notes to be redeemed on such date. If fewer than all of the 2044 Notes of any series are to be redeemed, the Trustee will select, not more than 60 days prior to the redemption date, the particular 2044 Notes of such series or portions thereof
for redemption from the outstanding 2044 Notes of that series not previously called for redemption, on a pro rata basis across such series, or by such method as the Trustee deems fair and appropriate. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2044 Notes
may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in part, upon not less than 30 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of
the 2044 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being redeemed (and all Additional Amounts (see &#8220;Terms Applicable to the 2044 Notes and 2043 Notes- Additional Amounts&#8221; below), if
any) to (but excluding) the redemption date, if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax
resident or any political subdivision or any authority thereof or therein having power to tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a
court of competent jurisdiction) which becomes effective on or after January&nbsp;27, 2014 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor)
would be required to pay Additional Amounts, with respect to the 2044 Notes of such series and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are
payable by the Issuer under the circumstances described under &#8220;Terms Applicable to the 2044 Notes and 2043 Notes- Additional Amounts&#8221; below; <I>provided, however</I>, that the 2044 Notes of such series may not be redeemed to the extent
such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the 2044 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is undertaken as part of a plan of merger by Parent
Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing, the Issuer or the relevant Guarantor will deliver
to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result of a Change in Tax Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the relevant Guarantor would be
obligated to pay Additional Amounts if a payment in respect of the 2044 Notes were then due. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-66- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing provisions shall apply <I>mutatis mutandis</I> to any successor person, after
such successor person becomes a party to the Indenture. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 4.000% Notes due 2043 </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2043 (the &#8220;<B>2043 Notes</B>&#8221;) will bear interest at a rate of 4.000% per year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2043 Notes are issued by Anheuser-Busch InBev Finance Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the 2013 Notes) and are fully
and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Anheuser-Busch InBev Worldwide Inc., Brandbev S.&agrave; r.l., BrandBrew S.A., Cobrew NV, and Anheuser-Busch Companies, LLC (the
&#8220;<B>Subsidiary Guarantors</B>&#8221;, and together with the Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;). The 2043 Notes are listed on the New York Stock Exchange. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2043 Notes are issued under a supplemental indenture to the indenture, dated January&nbsp;17, 2013 (the &#8220;<B>Indenture</B>&#8221;),
entered into among the Issuer, each of the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain
provisions of the 2043 Notes and the Indenture should be read together with &#8220;Description of Debt Securities&#8212;Terms Applicable to the 2044 Notes and the 2043 Notes&#8221; below. This information, however, does not purport to be complete
and is subject to, and is qualified in its entirety by reference to, all the provisions of the 2043 Notes and the Indenture, including the definitions of certain terms contained therein. The Indenture is by its terms subject to and governed by the
Trust Indenture Act of 1939, as amended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2043 Notes are senior unsecured obligations of the Issuer and rank equally with all other
existing and future unsecured and unsubordinated debt obligations of the Issuer. The 2043 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The Notes are issued in denominations of $1,000 and
integral multiples of $1,000 in excess thereof. The 2043 Notes do not provide for any sinking fund. The 2043 Notes will be recorded on, and transferred through, the records maintained by DTC and its direct and indirect participants, including
Euroclear S.A./N.V. (&#8220;<B>Euroclear</B>&#8221;) and Clearstream Banking, <I>soci&eacute;t&eacute; anonyme</I> (&#8220;<B>Clearstream</B>&#8221;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets are open, or not authorized to close, in the City
of New York, London and Brussels. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2043 Notes will be initially limited to $750,000,000 aggregate principal amount and will mature on
17&nbsp;January 2043. Interest on the 2043 Notes will be payable semi-annually in arrears on 17&nbsp;January and 17&nbsp;July of each year, commencing on 17&nbsp;July 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the 2043 Notes until the principal of the 2043 Notes is paid or duly made available for payment. Interest on the 2043
Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> acceleration of any January 2013 Note is not a Business Day, then payment of interest
or principal need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no
interest shall accrue as a result of the delayed payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the 2043 Notes will be paid to the persons in whose names the 2043
Notes are registered at the close of business on the January&nbsp;1 and July&nbsp;1, immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The 2043 Notes may be redeemed at any time prior to maturity
in the circumstances described under &#8220;&#8212;Optional Redemption&#8221; and &#8220;&#8212;Optional Tax Redemption.&#8221; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem the 2043 Notes as a whole or in part at any time upon not less than 30 nor more than 60
days&#8217; prior notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the 2043 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the 2043 Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT
STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) at the Treasury Rate plus 15 basis points; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-67- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount being redeemed to
(but excluding) such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any redemption date: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the yield, under the heading which represents the average for the immediately preceding week, appearing in the
most recently published statistical release designated &#8220;H.15(519)&#8221; or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S.
treasury securities adjusted to constant maturity under the caption &#8220;Treasury constant maturities&#8212;Nominal,&#8221; for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the
remaining term of the 2043 Notes, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight-line
basis, rounding to the nearest month); or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such redemption date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Treasury Rate will be calculated on the third
Business Day preceding such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Issue</B>&#8221; means the U.S. Treasury security (not
inflation-indexed) selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the 2043 Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such 2043 Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Price</B>&#8221; means, with respect to a redemption date, (i)&nbsp;the average of five Reference Treasury
Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii)&nbsp;if the Independent Investment Banker obtains fewer than five such Reference Treasury Dealer Quotations, the average
of all such quotations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith
Incorporated, Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, or RBS Securities Inc., as specified by the Issuer, or if all of these firms are unwilling or unable to serve in that capacity, an independent investment
banking institution of national standing in the United States appointed by the Issuer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221;
means (i)&nbsp;Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, and RBS Securities Inc., and their respective successors, <I>provided</I>, <I>however</I>,
that if any of the foregoing shall cease to be a primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8221;), the Issuer will substitute therefor another Primary Treasury Dealer and
(ii)&nbsp;any three other Primary Treasury Dealers selected by the Issuer after consultation with an Independent Investment Banker. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer Quotations</B>&#8221; means, with respect to each Reference Treasury Dealer and any redemption date, the
average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at
5:00 p.m., New York City time, on the third Business Day preceding such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the Issuer (and/or the Guarantors)
defaults on payment of the redemption price, from and after the redemption date interest will cease to accrue on the 2043 Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit with the Trustee or with one
or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and hold in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the 2043 Notes to be redeemed on
such date. If fewer than all of the 2043 Notes of any series are to be redeemed, the Trustee will select, not more than 60 days prior to the redemption date, the particular Notes of such series or portions thereof for redemption from the outstanding
2043 Notes of that series not previously called for redemption, on a pro rata basis across such series, or by such method as the Trustee deems fair and appropriate. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-68- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2043 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in part, upon not
less than 30 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the 2043 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being redeemed (and all
Additional Amounts (see &#8220;Description of Debt Securities&#8212;Terms Applicable to the 2044 Notes and 2043 Notes&#8212;Additional Amounts&#8221; below), if any) to (but excluding) the redemption date, if (i)&nbsp;as a result of any change in,
or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or any authority thereof or therein having power to
tax, or in the interpretation, application or administration of any such laws, treaties, regulations or rulings (including a holding, judgment or order by a court of competent jurisdiction) which becomes effective on or after 14&nbsp;January 2013
(any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;), the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional Amounts, with respect to the 2043 Notes of such series
and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the circumstances described under &#8220;Description of Debt
Securities &#8212;Terms Applicable to the 2044 Notes and 2043 Notes&#8212;Additional Amounts&#8221; below; <I>provided, however</I>, that the 2043 Notes of such series may not be redeemed to the extent such Additional Amounts arise solely as a
result of the Issuer assigning its obligations under the 2043 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is undertaken as part of a plan of merger by Parent Guarantor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing, the Issuer or the relevant Guarantor will deliver to the Trustee
an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result of a Change in Tax Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the relevant Guarantor would be
obligated to pay Additional Amounts if a payment in respect of the 2043 Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing provisions shall apply
<I>mutatis mutandis</I> to any successor person, after such successor person becomes a party to the Indenture. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 2044 Notes
and the 2043 Notes </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the purposes of this section &#8220;&#8212;Terms Applicable to the 2044 Notes and the 2043 Notes&#8221;:
(i) the term &#8220;Notes&#8221; or &#8220;debt securities&#8221; shall refer to the 2044 Notes and the 2043 Notes and (ii)&nbsp;the term &#8220;Issuer&#8221; shall refer to the Issuer under the 2044 Notes and the 2043 Notes, (iii)&nbsp;the term
&#8220;Guarantor&#8221; shall refer to any Guarantor under the 2044 Notes and the 2043 Notes and (iv)&nbsp;the term &#8220;Indenture&#8221; shall refer to the Indenture under the 2044 Notes and the 2043 Notes. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Events of Default </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The occurrence and
continuance of one or more of the following events will constitute an &#8220;Event of Default&#8221; under the Indenture and under the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or
administrative error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided further</I> that, in the case of a redemption
payment, no Event of Default shall occur for 30 days following a failure to make such payment; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-69- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>cross-acceleration</I>&#8212;any obligation for the payment or repayment of borrowed money having an
aggregate outstanding principal amount of at least &#128;100,000,000 (or its equivalent in any other currency) of the Issuer or a Guarantor becomes due and payable prior to its stated maturity by reason of a default and is not paid within 30 days;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the
Notes shall already have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the
Parent Guarantor and the Trustee as provided in the Indenture, may declare the entire principal of all the Notes of such series, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event
of Default specified in paragraph (d)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder,
become immediately due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all
defaults and rescind and annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the indenture at
the request of any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of
the outstanding Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as
such direction would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other
formal legal action or take other steps to enforce your rights or protect your interests relating to the debt securities, the following must occur: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must be given written notice that an event of default has occurred and remains uncured.
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-70- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make a
written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will furnish to the Trustee every year a written statement of certain of our officers and
directors, certifying that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications
and Amendment </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or
eliminating any of the provisions of the Indenture or of any supplemental agreement or modifying in any manner the rights of the Holders under the Notes or the Guarantees only with the consent of the Holders of not less than a majority in aggregate
principal amount of the notes then outstanding (irrespective of series) that would be affected by the proposed modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any
installment of interest on, any Note, or reduce the principal amount or the interest thereof, or extend the time of payment of any installment of interest thereon, or change the currency of payment of principal of, or interest on, any Note, or
change the Issuer&#8217;s or a Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any Holder to institute suit for the enforcement of any such payment on or after the due date thereof (or in the case of redemption
on or after the redemption date) or change in any manner adverse to the interests of the Holders the terms and provisions of the Guarantees in respect of the due and punctual payment of principal amount of the Notes then outstanding plus accrued and
unpaid interest (and all Additional Amounts, if any) without the consent of the Holder of each Note so affected; or (b)&nbsp;reduce the aforesaid percentage of notes, the consent of the Holders of which is required for any such agreement, without
the consent of all of the Holders of the affected series of the notes then outstanding. To the extent that any changes directly affect fewer than all the series of the notes issued under the Indenture, only the consent of the Holders of notes of the
relevant series (in the respective percentages set forth above) will be required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may, without
the consent of the Holders, from time to time execute agreements or amendments or enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for one or more of the following purposes: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and the
assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture and the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to the covenants of the Issuer or the Guarantors, for the benefit of the Holders of the Notes issued under
the Indenture, or to surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any additional events of default for the benefit of the Holders of the Notes; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-71- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to, change or eliminate any of the provisions of the Indenture in respect of the Notes, provided that any
such addition, change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any Note created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of the Holder of any
such Note with respect to such provision or (B)&nbsp;shall become effective only when there is no such Note outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to modify the restrictions on and procedures for, resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (a)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (b)&nbsp;additional or different events of default in respect of such series, (c)&nbsp;a longer or shorter period of grace
and/or notice in respect of any provision applicable to such series than is otherwise provided, (d)&nbsp;immediate enforcement of any event of default in respect of such series or (e)&nbsp;limitations upon the remedies available in respect of any
events of default in respect of such series or upon the rights of the holders of securities of such series to waive any such event of default; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">(a) to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any conflict between the terms thereof and the Trust Indenture
Act or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the
Holders to which such provision relates in any material respect; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to &#8220;reopen&#8221; the Notes and create and issue additional Notes having identical terms and conditions as
the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any Subsidiary of the Parent Guarantor as a Guarantor with respect to any series of notes, subject to
applicable regulatory or contractual limitations relating to such subsidiary&#8217;s Guarantee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;Description of Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to make any other change that does not materially adversely affect the interests of the holders of the notes
affected thereby. </P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Guarantee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each debt security will benefit from an unconditional, full and irrevocable guarantee by the Parent Guarantor. One or more of the following
Subsidiary Guarantors, which are subsidiaries of the Parent Guarantor, may, along with the Parent Guarantor, jointly and severally guarantee the debt securities on a full, unconditional and irrevocable basis: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch Companies, LLC </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch InBev Worldwide Inc. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-72- </P>

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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Brandbev S.&agrave; r.l. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">BrandBrew S.A. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Cobrew NV </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Subsidiary Guarantors, if any, for any particular series of debt securities will be specified in the applicable prospectus supplement.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each guarantee to be provided is referred to as a &#8220;<B>Guarantee</B>&#8221; and collectively, the &#8220;<B>Guarantees</B>;&#8221;
the subsidiaries of the Parent Guarantor providing Guarantees are referred to as the &#8220;<B>Subsidiary Guarantors</B>&#8221; and the Parent Guarantor and Subsidiary Guarantors collectively are referred to as the &#8220;<B>Guarantors</B>.&#8221;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All such Guarantees are set forth in the indenture, or a supplement thereto. The Guarantees provided by several of the Guarantors will be
subject to certain limitations set forth below under &#8220;&#8212;Guarantee Limitations.&#8221; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Guarantees, the Guarantors
will guarantee to each Holder the due and punctual payment of any principal, accrued and unpaid interest (and all Additional Amounts, if any) due under the debt securities in accordance with the indenture. Each Guarantor will also pay Additional
Amounts (if any) in respect of payments under its Guarantee. The Guarantees will be the full, direct, unconditional, unsecured and unsubordinated general obligations of the Guarantors. The Guarantees will rank <I>pari passu</I> among themselves,
without any preference of one over the other by reason of priority of date of issue or otherwise, and at least equally with all other unsecured and unsubordinated general obligations of the Guarantors from time to time outstanding. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the Subsidiary Guarantors shall be entitled to terminate its Guarantee, and the Trustee shall execute a release and termination
agreement effecting such termination, in the event that at the time its Guarantee of the debt securities is terminated, (i)&nbsp;the relevant Subsidiary Guarantor is released from its guarantee of 2010 Senior Facilities Agreement (as defined in the
2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> under the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital Resources&#8221;) and the 2012 Facilities Agreement (as defined in note 16 to the financial
statements contained in our <FONT STYLE="white-space:nowrap">Six-Month</FONT> Report for the <FONT STYLE="white-space:nowrap">six-month</FONT> period ended 30&nbsp;June 2012), or is no longer a guarantor under either facility and (ii)&nbsp;the
aggregate amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a guarantor or borrower) does not exceed 10% of the consolidated gross assets of the Parent Guarantor as reflected in the balance sheet included
in its most recent publicly released interim or annual consolidated financial statements. For purposes of this clause, the amount of a Guarantor&#8217;s indebtedness for borrowed money shall not include (A)&nbsp;the debt securities issued pursuant
to the indentures dated 12&nbsp;January 2009 and 16&nbsp;October 2009, and the indentures supplemental thereto, in each case between Anheuser-Busch InBev Worldwide, Inc., as Issuer, the Parent Guarantor, certain of the Subsidiary Guarantors and the
Trustee, (B)&nbsp;any other debt the terms of which permit the termination of the Guarantor&#8217;s guarantee of such debt under similar circumstances, as long as such Guarantor&#8217;s obligations in respect of such other debt are terminated at
substantially the same time as its guarantee of the debt securities, and (C)&nbsp;any debt that is being refinanced at substantially the same time that the Guarantee of the debt securities is being released, <I>provided </I>that any obligations of
the Guarantor in respect of the debt that is incurred in the refinancing shall be included in the calculation of the Guarantor&#8217;s indebtedness for borrowed money. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, BrandBrew S.A. and Brandbev S.&agrave; r.l., whose guarantee is subject to certain limitations described below shall be entitled
to terminate its Guarantee, and the Trustee shall execute a release and termination agreement effecting such termination, with respect to any or all series of the notes issued under the indenture, in the event that BrandBrew S.A. or Brandbev
S.&agrave; r.l determines that under the rules, regulations or interpretations of the SEC it would be required to include its financial statements in any registration statement filed with the SEC with respect to any series of notes or guarantees
issued under the indenture or in periodic reports filed with or furnished to the SEC (by reason of such limitations or otherwise). Furthermore, BrandBrew S.A. and Brandbev S.&agrave; r.l. will be entitled to amend or modify by execution of an
indenture supplemental to the indenture the terms of its Guarantee or the limitations applicable to its Guarantee, as set forth below, in any respect reasonably deemed necessary by BrandBrew S.A. or Brandbev S.&agrave; r.l to meet the requirements
of Rule <FONT STYLE="white-space:nowrap">3-10</FONT> under Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> under the Securities Act (or any successor or similar regulation or exemption) in order for financial statements of such Subsidiary
Guarantor not to be required to be included in any registration statement or in periodic reports filed with or furnished to the SEC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-73- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Guarantee Limitations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to restrictions imposed by Luxembourg law, notwithstanding anything to the contrary in the Guarantees to be provided by BrandBrew S.A.
or Brandbev S.&agrave; r.l., (each, a &#8220;<B>Luxembourg Guarantor</B>&#8221;), for the purposes of any such Guarantees, the maximum aggregate liability of such Luxembourg Guarantor under its Guarantee (including any actual or contingent
liabilities as a guarantor under the Other Guaranteed Facilities (as defined below)) shall not exceed an amount equal to the aggregate of (without double counting): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all moneys received by such Luxembourg Guarantor and its Subsidiaries as a borrower or
issuer under the Other Guaranteed Facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all outstanding intercompany loans made to such Luxembourg Guarantor and its
Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the Notes and the Other Guaranteed Facilities; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an amount equal to 100% of the greater of: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) and its subordinated debt
(<I>dettes subordonn&eacute;es</I>) (other than any subordinated debt already accounted for under <FONT STYLE="white-space:nowrap">sub-paragraph</FONT> (2)&nbsp;above) (both as referred to in article 34 of the Luxembourg Law of 2002) as reflected in
such Luxembourg Guarantor&#8217;s then most recent annual accounts approved by the competent organ of such Luxembourg Guarantor (as audited by its external auditor (<I>r&eacute;viseur d&#8217;entreprises</I>), if required by law) at the date an
enforcement is made under such Luxembourg Guarantor&#8217;s Guarantee; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of such Luxembourg Guarantor&#8217;s own capital (<I>capitaux propres</I>) and its subordinated debt
(<I>dettes subordonn&eacute;es</I>) (other than any subordinated debt already accounted for under <FONT STYLE="white-space:nowrap">sub-paragraph</FONT> (2)&nbsp;above) (both as referred to in article 34 of the Luxembourg Law of 2002) as reflected in
its most recent annual accounts available as of the date of the indenture. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, the limitation
on the Guarantee provided by such Luxembourg Guarantor shall not apply to any Guarantee by it of any obligations owed by its Subsidiaries under the Other Guaranteed Facilities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the obligations and liabilities of BrandBrew S.A. under its Guarantee and under any of the Other Guaranteed Facilities shall not
include any obligation which, if incurred, would constitute a breach of the provisions on financial assistance as defined by article <FONT STYLE="white-space:nowrap">49-6</FONT> of the Luxembourg Law on Commercial Companies dated 10&nbsp;August
1915, as amended, to the extent such or an equivalent provision is applicable to BrandBrew S.A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Other Guaranteed
Facilities</B>&#8221; means: (1)&nbsp;the 2010 Senior Facilities Agreement (as defined in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> under the heading &#8220;Item 5. Operating and Financial Review&#8212;G. Liquidity and Capital
Resources&#8221;); (2) the 2012 Facilities Agreement (as defined in note 16 to the financial statements contained in our <FONT STYLE="white-space:nowrap">Six-Month</FONT> Report for the <FONT STYLE="white-space:nowrap">six-month</FONT> period ended
30&nbsp;June 2012); (3) any debt securities guaranteed pursuant to the guarantee dated 18&nbsp;November 2008 entered into by the Parent Guarantor (formerly InBev NV) and Anheuser-Busch Worldwide Inc. (formerly InBev Worldwide S.&agrave; r.l.); (4)
the US$850,000,000 note purchase and guarantee agreement dated 22&nbsp;October 2003 between, amongst others, the Parent Guarantor as issuer, Cobrew NV and BrandBrew S.A.; (5) any debt securities issued or guaranteed by BrandBrew S.A. or the Parent
Guarantor under the &#128;15,000,000,000 Euro Medium Term Note Programme entered into on 16&nbsp;January 2009; (6) the debt securities issued pursuant to the indenture dated 12&nbsp;January 2009, and the indentures supplemental thereto, in each case
between Anheuser-Busch InBev Worldwide, Inc., as Issuer, the Parent Guarantor, certain of the Subsidiary Guarantors and the Trustee; (7)&nbsp;the debt securities issued pursuant to the indenture dated 16&nbsp;October 2009, and the indentures
supplemental thereto, in each case between Anheuser-Busch InBev Worldwide, Inc., as Issuer, the Parent Guarantor, certain of the Subsidiary Guarantors and the Trustee; (8)&nbsp;any debt securities guaranteed by BrandBrew S.A. under the U.S.
Commercial Paper Program of short-term notes due up to a maximum of 364 days from the date of issue issued by Anheuser-Busch InBev Worldwide Inc. pursuant to dealer agreements, an issuing and paying agency agreement, the master note, guarantees and
private placement memoranda, each dated on or around 6&nbsp;June 2011; (9) any debt securities to be guaranteed by BrandBrew S.A. and Brandbev S.&agrave; r.l. pursuant to the U.S. Commercial Paper Program to be entered into by the Company, the
Parent Guarantor, BrandBrew S.A., Brandbev S.&agrave; r.l. and the other subsidiary guarantors listed therein on or prior to 31&nbsp;March 2013; and (10)&nbsp;any refinancing (in whole or part) of any of the above items or for the same or a lower
amount. In this respect, Brandbrev S.&agrave; r.l. will accede as a guarantor to the above items (other than (9)) on or around 20&nbsp;December 2012. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-74- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The Trustee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon Trust Company, N.A. is the trustee and principal paying agent under the indenture. The trustee has two principal
functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a holder&#8217;s rights against us if we default on debt securities issued under the
indenture. There are some limitations on the extent to which the trustee acts on a holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the holder&#8217;s interest payments,
transferring debt securities to a new buyer and sending notices to holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some of our subsidiaries maintain
deposit accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 911 Washington Avenue, 3rd
Floor; St. Louis, Missouri 63101. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of the Issuer or Guarantor; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In all cases subject to any provisions contained in the applicable prospectus supplement describing the Holders&#8217; option to require
repayment upon a change in control, (i)&nbsp;the Issuer or a Guarantor, without the consent of the Holders of any of the debt securities, may consolidate with or merge into, or sell, transfer, lease or convey all or substantially all of their
respective assets to, any corporation and (ii)&nbsp;the Issuer may at any time substitute for the Issuer either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the debt securities (a &#8220;Substitute
Issuer&#8221;); provided that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume the Issuer&#8217;s or such
Guarantor&#8217;s respective obligations under the debt securities or the Guarantees, as the case may be, and the indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer is not in default of any payments due under the debt securities and immediately before and after
giving effect to such consolidation, merger, sale, transfer, lease or conveyance, no Event of Default shall have occurred and be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the debt securities and the
indenture are fully, irrevocably and unconditionally guaranteed by the Parent Guarantor and each Subsidiary Guarantor (if any) on the same terms as existed immediately prior to such substitution under the Guarantees given by such Guarantors;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the Issuer and the Substitute Issuer jointly and severally indemnify each Holder for any
income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder) , <I>provided</I>, <I>however</I>, that such indemnification shall not
apply to any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;), any current or future regulations or official interpretations thereof,
any agreement entered into pursuant to Section&nbsp;1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such
Sections of the Code, and shall not require the payment of additional amounts on account of any such withholding or deduction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the debt securities are listed shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to be listed on such stock exchange; and </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-75- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the debt securities shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;Affiliate&#8221; shall mean, with respect to any specified person, any other person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of
any substitution, all of the foregoing provisions will apply mutatis mutandis, and references elsewhere herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references, to any successor company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge and Defeasance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indenture
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The indenture provides that the Issuer and the Guarantors will be discharged from any and all obligations in respect of the
indenture (except for certain obligations to register the transfer of or exchange debt securities, replace stolen, lost or mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on all debt
securities outstanding thereunder; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities outstanding
theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Optional Redemption&#8221; within one year under arrangements
satisfactory to the Trustee for the giving of notice of redemption, and, in any such case, the Issuer or the Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust, specifically pledged as security for, and
dedicated solely to, the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of interest thereon and principal thereof in
accordance with their terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal of, and interest (and Additional Amounts, if
any) on, all such debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts payable under the indenture by the Issuer.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are (i)&nbsp;direct obligations of the U.S.
government or (ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S. government, which, in either case, are full
faith and credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The indenture
also provides that the Issuer and the Guarantors need not comply with certain covenants of the indenture (including those described under &#8220;&#8212;Certain Covenants&#8212;Limitation on Liens&#8221;), and the Guarantors shall be released from
their obligations under the Guarantees, if: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer (or the Guarantors) irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the holders of such debt securities, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and
principal thereof in accordance with their terms will provide not later </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-76- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">
than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of, and interest on, the
debt securities then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">certain events of default, or events which with notice or lapse of time or both would become such an event of
default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of recognized
standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such Covenant
Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of recognized
standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation or use or
hold or are deemed to use or hold their debt securities in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect that payments
out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the case of debt
securities beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such debt securities in carrying on a business in
such jurisdiction of incorporation; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217; certificate and an
opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;Covenant Defeasance.&#8221; </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Certain Covenants </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Limitation on Liens </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">So long as any of the debt securities remains outstanding, the Parent Guarantor will not, nor will it permit any Restricted Subsidiary to,
create, assume, guarantee or suffer to exist any mortgage, pledge, security interest or lien (an &#8220;Encumbrance&#8221;) on any of its Principal Plants or on any capital stock of any Restricted Subsidiary without effectively providing that the
debt securities (together with, if the Parent Guarantor shall so determine, any other indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and any other indebtedness of such Restricted
Subsidiary then existing or thereafter created) shall be secured by the security for such secured indebtedness equally and ratably therewith, provided, however, the above limitation does not apply to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase money liens, so long as such liens attach only to the assets so acquired and improvements thereon;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the time of acquisition of property (including through merger or consolidation) or
securing indebtedness the proceeds of which are used to pay or reimburse the Parent Guarantor or a Restricted Subsidiary for the cost of such property (provided such indebtedness is incurred within 180 days after such acquisition);
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances on property of a Restricted Subsidiary existing at the time it becomes a Restricted Subsidiary;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances to secure the cost of development or construction of property, or improvements thereon, provided
that the recourse of the creditors in respect of such indebtedness is limited to such property and improvements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances in connection with the acquisition or construction of Principal Plants or additions thereto
financed by <FONT STYLE="white-space:nowrap">tax-exempt</FONT> securities; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-77- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances securing indebtedness owing to the Parent Guarantor or a Restricted Subsidiary by a Restricted
Subsidiary; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the date of the indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances required in connection with state or local governmental programs which provide financial or tax
benefits, provided the obligations secured are in lieu of or reduce an obligation that would have been secured by an Encumbrance permitted under the indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance arising by operation of law and not securing amounts more than ninety (90)&nbsp;days overdue or
otherwise being contested in good faith; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">judgment Encumbrances not giving rise to an event of default; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made in the ordinary course of business, including, but not limited to,
(i)&nbsp;any mechanics&#8217;, materialmen&#8217;s, carriers&#8217;, workmen&#8217;s, vendors&#8217; or other like Encumbrances, (ii)&nbsp;any Encumbrances securing amounts in connection with workers&#8217; compensation, unemployment insurance and
other types of social security, and (iii)&nbsp;any easements, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">rights-of-way,</FONT></FONT> restrictions and other similar charges; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance upon specific items of inventory or other goods and proceeds of the Parent Guarantor or any
Restricted Subsidiary securing the Parent Guarantor&#8217;s or any such Restricted Subsidiary&#8217;s obligations in respect of bankers&#8217; acceptances issued or created for the account of such person to facilitate the purchase, shipment or
storage of such inventory or other goods; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made securing the performance of tenders, bids, leases, statutory
obligations, surety and appeal bonds, government contracts, performance and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-of-money</FONT></FONT> bonds and other obligations of like nature incurred in the ordinary course of
business; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance on any Principal Plant of the Parent Guarantor or any Restricted Subsidiary in favor of the
Federal Government of the United States or the government of any State thereof, or the government of the United Kingdom, or any state in the European Union, or any instrumentality of any of them, securing the obligations of the Parent Guarantor or
any Restricted Subsidiary pursuant to any contract or payments owed to such entity pursuant to applicable laws, rules, regulations or statutes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(o)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance securing taxes or assessments or other applicable governmental charges or levies;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(p)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">extensions, renewals or replacements of the Encumbrances referred to in clauses (a)&nbsp;through (o), provided
that the amount of indebtedness secured by such extension, renewal or replacement shall not exceed the principal amount of indebtedness being extended, renewed or replaced, together with the amount of any premiums, fees, costs and expenses
associated with such extension, renewal or replacement, nor shall the pledge, mortgage or lien be extended to any additional Principal Plant unless otherwise permitted under this covenant; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(q)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">as permitted under the provisions described in the following two paragraphs herein; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(r)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in connection with sale-leaseback transactions permitted under the indenture. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding the provisions described in the immediately preceding paragraph, the Parent Guarantor or any Restricted Subsidiary may,
without ratably securing the debt securities, create, assume, guarantee or suffer to exist any indebtedness which would otherwise be subject to such restrictions, and renew, extend or replace such indebtedness, provided that the aggregate amount of
such indebtedness, when added to the fair market value of property transferred in certain sale and leaseback transactions permitted by the indenture as described below under &#8220;Sale-Leaseback Financings&#8221; (computed without duplication of
amount) does not at the time exceed 15% of Net Tangible Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the Parent Guarantor or any Restricted Subsidiary merges or
consolidates with, or purchases all or substantially all of the assets of, another corporation, or the Parent Guarantor sells all or substantially all of its assets to another corporation, and if such other corporation has outstanding obligations
secured by an Encumbrance which, by reason of an after-acquired property clause or similar provision, would extend to any Principal Plant owned by the Parent Guarantor or such Restricted Subsidiary immediately prior thereto, the Parent Guarantor or
such Restricted Subsidiary, as the case may be, will in such event be deemed to have created an Encumbrance, within the prohibition of the covenant described above, unless (a)&nbsp;such merger or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-78- </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
consolidation involving a Restricted Subsidiary constitutes a disposition by the Parent Guarantor of its interest in the Restricted Subsidiary or (b)&nbsp;(i) at or prior to the effective date of
such merger, consolidation, sale or purchase, such Encumbrance shall be released of record or otherwise satisfied to the extent it would extend to such Principal Plant, (ii)&nbsp;prior thereto, the Parent Guarantor or such Restricted Subsidiary
shall have created, as security for the debt securities (and, if the Parent Guarantor shall so determine, as security for any other indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and
any other indebtedness of such Restricted Subsidiary then existing or thereafter created), a valid Encumbrance which will rank equally and ratably with the Encumbrances of such other corporation on such Principal Plant of the Parent Guarantor or
such Restricted Subsidiary, as the case may be, or (iii)&nbsp;such Encumbrance is otherwise permitted or complies with the Covenant described above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In each instance referred to in the preceding paragraphs where the Parent Guarantor is obligated to provide security for the debt securities
(except, for certain issues of indebtedness, in the case of transactions relating to stock of a Restricted Subsidiary), the Parent Guarantor would be required to provide comparable security for other outstanding indebtedness under the indenture and
other agreements relating thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Sale-Leaseback Transactions Relating to Principal Plants </I></B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Except to the extent permitted under paragraph (c)&nbsp;below, and except for any transaction involving a lease
for a temporary period, not to exceed three years, by the end of which it is intended that the use of the leased property by the Parent Guarantor or any Restricted Subsidiary will be discontinued and except for any transaction with a state or local
authority that is required in connection with any program, law, statute or regulation that provides financial or tax benefits not available without such transaction, the Parent Guarantor shall not sell any Principal Plant as an entirety, or any
substantial portion thereof, with the intention of taking back a lease of such property and the Parent Guarantor will not permit any Restricted Subsidiary to sell to anyone other than the Parent Guarantor or a Restricted Subsidiary any Principal
Plant as an entirety, or any substantial portion thereof, with the intention of taking back a lease of such property unless: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the net proceeds of such sale (including any purchase money mortgages received in connection with such sale)
are at least equal to the fair market value (as determined by an officer of the Parent Guarantor) of such property and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">subject to paragraph (d)&nbsp;below, the Parent Guarantor shall, within 120 days after the transfer of title to
such property (or, if the Parent Guarantor holds the net proceeds described below in cash or cash equivalents, within two years) </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase, and surrender to the Trustee for retirement as provided in this covenant, a principal amount of debt
securities equal to the net proceeds derived from such sale (including the amount of any such purchase money mortgages), or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">repay other pari passu indebtedness of the Parent Guarantor or any Restricted Subsidiary in an amount equal to
such net proceeds, or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">expend an amount equal to such net proceeds for the expansion, construction or acquisition of a Principal
Plant, or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">effect a combination of such purchases, repayments and plant expenditures in an amount equal to such net
proceeds. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">At or prior to the date 120 days after a transfer of title to a Principal Plant which shall be subject to the
requirements of this covenant, the Parent Guarantor shall furnish to the Trustee: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an Officers&#8217; Certificate stating that paragraph (a)&nbsp;of this covenant has been complied with and
setting forth in detail the manner of such compliance, which certificate shall contain information as to </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount of debt securities theretofore redeemed and the amount of debt securities theretofore purchased by
the Parent Guarantor and cancelled by the Trustee and the amount of debt securities purchased by the Parent Guarantor and then being surrendered to the Trustee for cancellation, </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount thereof previously credited under paragraph (d)&nbsp;below, </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-79- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount thereof which it then elects to have credited on its obligation under paragraph (d)&nbsp;below, and
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any amount of other indebtedness which the Parent Guarantor has repaid or will repay and of the expenditures
which the Parent Guarantor has made or will make in compliance with its obligation under paragraph (a), and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a deposit with the Trustee for cancellation of the debt securities then being surrendered as set forth in such
certificate. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Notwithstanding the restriction of paragraph (a)&nbsp;above, the Parent Guarantor and any one or more
Restricted Subsidiaries may transfer property in sale-leaseback transactions which would otherwise be subject to such restriction if the aggregate amount of the fair market value of the property so transferred and not reacquired at such time, when
added to the aggregate principal amount of indebtedness for borrowed money permitted by the last paragraph of the covenant described under &#8220;&#8212;Limitation on Liens&#8221; which shall be outstanding at the time (computed without duplication
of the value of property transferred as provided in this paragraph (c)), does not at the time exceed 15% of Net Tangible Assets. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Parent Guarantor, at its option, shall be entitled to a credit, in respect of its obligation to purchase
and retire debt securities under this covenant, for the principal amount of any debt securities deposited with the Trustee for the purpose and also for the principal amount of (i)&nbsp;any debt securities theretofore redeemed at the option of the
Parent Guarantor and (ii)&nbsp;any debt securities previously purchased by the Parent Guarantor and cancelled by the Trustee, and in each case not theretofore applied as a credit under this paragraph (d)&nbsp;or as part of a sinking fund arrangement
for the debt securities. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">For purposes of this covenant, the amount or the principal amount of debt securities which are issued with
original issue discount shall be the principal amount of such debt securities that on the date of the purchase or redemption of such debt securities referred to in this covenant could be declared to be due and payable pursuant to the indenture.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that any Guarantor is required to make payments in respect of the debt securities, such Guarantor will make all payments in
respect of the debt securities without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which
such Guarantor is incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or therein having power to tax (the &#8220;Relevant Taxing Jurisdiction&#8221;) unless such withholding or deduction is
required by law. Where a Guarantor is a Luxembourg resident, please refer to the section entitled &#8220;Tax Considerations&#8212;Luxembourg Taxation&#8221; for a description of tax consequences under Luxembourg law. In such event, such Guarantor
will pay to the Holders such additional amounts (the &#8220;Additional Amounts&#8221;) as shall be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal the respective amounts of principal
and interest which would otherwise have been receivable in the absence of such withholding or deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by the Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the debt securities or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in
the Relevant Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-80- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are deducted or withheld pursuant to (i)&nbsp;any European Union directive or regulation concerning the
taxation of interest income; (ii)&nbsp;any international treaty or understanding relating to such taxation and to which the Relevant Taxing Jurisdiction or the European Union is a party, or (iii)&nbsp;any provision of law implementing, or complying
with, or introduced to conform with, such directive, regulation, treaty or understanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later ; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (h) above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the debt securities shall be deemed to include any Additional Amounts, which may be payable
as set forth in the indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, any amounts to be paid by the Company or any Guarantor on the debt securities will be paid
net of any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended, any current or future regulations or official interpretations thereof, any agreement entered into
pursuant to Section&nbsp;1471(b) of the U.S. Internal Revenue Code of 1986, as amended, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the
implementation of such Sections of the Code (&#8220;FATCA Withholding&#8221;). Neither any Guarantor nor the Company will be required to pay Additional Amounts on account of any FATCA Withholding. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant regarding Additional Amounts will not apply to any Guarantor at any time when such Guarantor is incorporated in a
jurisdiction in the United States; provided, however, that such covenant will apply to the Issuer at any time when it is incorporated in a jurisdiction outside of the United States. The prospectus supplement relating to the debt securities may
describe additional circumstances in which the Guarantors would not be required to pay additional amounts. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>Terms Applicable to the 3.750% Notes due
2042 </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The fixed rate notes due 2042 (the &#8220;<B>2042 Notes</B>&#8221;) will bear interest at a rate of 3.750% per year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2042 Notes were issued by Anheuser-Busch InBev Worldwide Inc. (the &#8220;<B>Issuer</B>&#8221;, with respect to the 2042 Notes) and will
be fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV (the &#8220;<B>Parent Guarantor</B>&#8221;), Brandbrew S.A., Cobrew NV/SA, and Anheuser-Busch Companies, LLC (the &#8220;<B>Subsidiary Guarantors</B>&#8221;, together with the
Parent Guarantor, the &#8220;<B>Guarantors</B>&#8221;, with respect to the 2042 Notes). The 2042 Notes are listed on the New York Stock Exchange. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each series of the 2042 Notes was issued under a supplemental indenture to the indenture, dated as of 16&nbsp;October 2009, as amended by the
supplemental indentures thereto (the &#8220;<B>Indenture</B>&#8221;, with respect to the 2042 Notes), among Anheuser-Busch InBev Worldwide Inc., Anheuser-Busch InBev SA/NV, each of the subsidiary guarantors listed under
&#8220;&#8212;Guarantees&#8221; below and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar (the &#8220;<B>Trustee</B>&#8221;). The information below on certain provisions of the 2042
Notes does not purport to be complete and is subject to, and is qualified in its entirety by reference to, all the provisions of the 2042 Notes and the Indenture, including the definitions of certain terms contained therein. The Indenture is by its
terms subject to and governed by the Trust Indenture Act of 1939, as amended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2042 Notes are senior unsecured obligations of the
Issuer and rank equally with all other existing and future unsecured and unsubordinated debt obligations of the Issuer. The 2042 Notes will be repaid at maturity in U.S. dollars at a price equal to 100% of the principal amount thereof. The 2042
Notes are issued in denominations of $1,000 and integral multiples of $1,000 in excess thereof. The 2042 Notes do not provide for any sinking fund. The Notes will be recorded on, and transferred through, the records maintained by DTC and its direct
and indirect participants, including Euroclear S.A./N.V. (&#8220;<B>Euroclear</B>&#8221;) and Clearstream Banking, <I>soci&eacute;t&eacute; anonyme</I> (&#8220;<B>Clearstream</B>&#8221;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-81- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Business Day</B>&#8221; means a day on which commercial banks and exchange markets
are open, or not authorized to close, in the City of New York, London and Brussels. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2042 Notes are initially limited to
$1,000,000,000 aggregate principal amount and will mature on 15&nbsp;July 2042. Interest on the 2042 Notes will be payable semi-annually in arrears on 15&nbsp;January and 15&nbsp;July of each year, commencing on 15&nbsp;January 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest will accrue on the 2042 Notes until the principal of the July 2012 Notes is paid or duly made available for payment. Interest on the
2042 Notes will be calculated on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. If the date of maturity of interest on or principal of any July 2012
Note or the date fixed for redemption or payment in connection with an acceleration of any July 2012 Note is not a Business Day, then payment of interest or principal need not be made on such date, but may be made on the next succeeding Business Day
with the same force and effect as if made on the date of maturity or the date fixed for redemption or payment in connection with an acceleration, and no interest shall accrue as a result of the delayed payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Interest on the 2042 Notes will be paid to the persons in whose names the 2042 Notes are registered at the close of business on the
1&nbsp;January and 1&nbsp;July, immediately preceding the applicable interest payment date, whether or not such date is a Business Day. The 2042 Notes may be redeemed at any time prior to maturity in the circumstances described under
&#8220;&#8212;Optional Redemption&#8221; and &#8220;&#8212;Optional Tax Redemption.&#8221; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Notes </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2042 Notes were issued in the initial aggregate principal amount set forth above. The Issuer may, from time to time, without notice to or
the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional 2042 Notes (the &#8220;<B>Additional Notes</B>&#8221;) maturing on the same maturity date as the other 2042
Notes of a series and having the same terms and conditions under the Indenture (including with respect to the Guarantors and the Guarantees) as the previously outstanding 2042 Notes of that series in all respects (or in all respects except for the
issue date and the amount and, in some cases, the date of the first payment of interest thereon) so that such Additional Notes shall be consolidated and form a single series with the previously outstanding 2042 Notes of that series. Without limiting
the foregoing, the Issuer may, from time to time, without notice to or the consent of the Holders, create and issue, pursuant to the Indenture and in accordance with applicable laws and regulations, additional series of notes with additional or
different terms and maturity dates than the 2042 Notes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer may, at its option, redeem the 2042 Notes as a whole or in part at any time upon not less than 30 nor more than 60 days&#8217; prior
notice, at a redemption price equal to the greater of: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">100% of the aggregate principal amount of the 2042 Notes to be redeemed; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">as determined by the Independent Investment Banker (as defined below), the sum of the present values of the
remaining scheduled payments of principal and interest on the 2042 Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semi-annual basis (assuming a <FONT
STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) at the Treasury Rate plus 20 basis points; </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in each case described above, accrued and unpaid interest on the principal amount being redeemed to (but excluding) such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Treasury Rate</B>&#8221; means, with respect to any redemption date: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the yield, under the heading which represents the average for the immediately preceding week, appearing in the
most recently published statistical release designated &#8220;H.15(519)&#8221; or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S.
treasury securities adjusted to constant maturity under the caption &#8220;Treasury constant </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-82- </P>

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<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">
maturities&#8212;Nominal,&#8221; for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the remaining term of the 2042 Notes,
yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight-line basis, rounding to the nearest
month); or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such redemption date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Treasury Rate will be calculated on the third
Business Day preceding such redemption date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Issue</B>&#8221; means the U.S. Treasury security (not
inflation-indexed) selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the 2042 Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such 2042 Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Comparable Treasury Price</B>&#8221; means, with respect to a redemption date, (i)&nbsp;the average of five Reference Treasury
Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii)&nbsp;if the Independent Investment Banker obtains fewer than five such Reference Treasury Dealer Quotations, the average
of all such quotations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Independent Investment Banker</B>&#8221; means Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith
Incorporated, Barclays Capital Inc., Deutsche Bank Securities Inc. or J.P. Morgan Securities LLC, as specified by the Issuer, or if all of these firms are unwilling or unable to serve in that capacity, an independent investment banking institution
of national standing in the United States appointed by the Issuer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer</B>&#8221; means (i)&nbsp;Merrill
Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, and their respective successors, <I>provided</I>, <I>however</I>, that if any of the foregoing shall cease to
be a primary U.S. government securities dealer in the City of New York (a &#8220;<B>Primary Treasury Dealer</B>&#8220;), the Issuer will substitute therefor another Primary Treasury Dealer and (ii)&nbsp;any three other Primary Treasury Dealers
selected by the Issuer after consultation with an Independent Investment Banker. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Reference Treasury Dealer
Quotations</B>&#8221; means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Unless the Issuer (and/or the Guarantors) defaults on payment of the redemption price, from and after the redemption date interest will cease
to accrue on the 2042 Notes or portions thereof called for redemption. On the redemption date, the Issuer will deposit with the Trustee or with one or more paying agents (or, if the Issuer is acting as its own paying agent, set aside, segregate and
hold in trust as provided in the Indenture) money sufficient to pay the redemption price of and accrued interest on the Notes to be redeemed on such date. If fewer than all of the 2042 Notes of any series are to be redeemed, the Trustee will select,
not more than 60 days prior to the redemption date, the particular 2042 Notes of such series or portions thereof for redemption from the outstanding 2042 Notes of that series not previously called for redemption, on a pro rata basis across such
series, or by such method as the Trustee deems fair and appropriate. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Optional Tax Redemption </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The 2042 Notes may be redeemed at any time, at the Issuer&#8217;s or the Parent Guarantor&#8217;s option, as a whole, but not in part, upon not
less than 30 nor more than 60 days&#8217; prior notice, at a redemption price equal to 100% of the principal amount of the 2042 Notes of such series then outstanding plus accrued and unpaid interest on the principal amount being redeemed (and all
Additional Amounts (see &#8220;&#8211; Additional Amounts&#8221; below), if any) to (but excluding) the redemption date, if (i)&nbsp;as a result of any change in, or amendment to, the laws, treaties, regulations or rulings of a jurisdiction in which
the Issuer or any Guarantor is incorporated, organized, or otherwise tax resident or any political subdivision or any authority thereof or therein having power to tax, or in the interpretation, application or administration of any such laws,
treaties, regulations or rulings (including a </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-83- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
holding, judgment or order by a court of competent jurisdiction) which becomes effective on or after 11&nbsp;July 2012 (any such change or amendment, a &#8220;<B>Change in Tax Law</B>&#8221;),
the Issuer (or if a payment were then due under a Guarantee, the relevant Guarantor) would be required to pay Additional Amounts, with respect to the 2042 Notes of such series and (ii)&nbsp;such obligation cannot be avoided by the Issuer (or the
relevant Guarantor) taking reasonable measures available to it. Additional Amounts are payable by the Issuer under the circumstances described under &#8220;&#8211; Additional Amounts&#8221; below; <I>provided, however</I>, that the 2042 Notes of
such series may not be redeemed to the extent such Additional Amounts arise solely as a result of the Issuer assigning its obligations under the 2042 Notes of such series to a Substitute Issuer, unless this assignment to a Substitute Issuer is
undertaken as part of a plan of merger by Parent Guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Prior to the mailing of any notice of redemption pursuant to the foregoing,
the Issuer or the relevant Guarantor will deliver to the Trustee an opinion of independent tax counsel of recognized standing to the effect that the Issuer or the relevant Guarantor is or would be obligated to pay such Additional Amounts as a result
of a Change in Tax Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No notice of redemption may be given earlier than 90 days prior to the earliest date on which the Issuer or the
relevant Guarantor would be obligated to pay Additional Amounts if a payment in respect of the 2042 Notes were then due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing
provisions shall apply <I>mutatis mutandis</I> to any successor person, after such successor person becomes a party to the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For
the purposes of this section &#8220;&#8220;&#8211; Terms Applicable to the 3.750% Notes due 2042&#8221;: (i) the term &#8220;Notes&#8221; or &#8220;debt securities&#8221; shall refer to the 2042 Notes, (ii)&nbsp;the term &#8220;Issuer&#8221; shall
refer to the Issuer under the 2042 Notes, (iii)&nbsp;the term &#8220;Guarantor&#8221; shall refer to any Guarantor under the 2042 Notes and (iv)&nbsp;the term &#8220;Indenture&#8221; shall refer to the Indenture under the 2042 Notes. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Events of Default </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The occurrence and
continuance of one or more of the following events will constitute an &#8220;Event of Default&#8221; under the Indenture and under the Notes: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>payment default</I>&#8212;(i) the Issuer or a Guarantor fails to pay interest within 30 days from the
relevant due date, or (ii)&nbsp;the Issuer or a Guarantor fails to pay the principal (or premium, if any) due on the Notes at maturity; <I>provided</I> that to the extent any such failure to pay principal or premium is caused by a technical or
administrative error, delay in processing payments or events beyond the control of the Issuer or Guarantors, no Event of Default shall occur for three days following such failure to pay; <I>provided further</I> that, in the case of a redemption
payment, no Event of Default shall occur for 30 days following a failure to make such payment; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>breach of other material obligations</I>&#8212;the Issuer or a Guarantor defaults in the performance or
observance of any of its other material obligations under or in respect of the Notes or the Indenture and such default remains unremedied for 90 days after a written notice has been given to the Issuer and the Parent Guarantor by the Trustee or to
the Issuer, the Parent Guarantor and the Trustee by the Holders of at least 25% in principal amount of the outstanding Notes of the applicable series affected thereby, specifying such default or breach and requiring it to be remedied and stating
that such notice is a &#8220;<B>Notice of Default</B>&#8221; under the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>cross-acceleration</I>&#8212;any obligation for the payment or repayment of borrowed money having an
aggregate outstanding principal amount of at least &#128;100,000,000 (or its equivalent in any other currency) of the Issuer or a Guarantor becomes due and payable prior to its stated maturity by reason of a default and is not paid within 30 days;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>bankruptcy or insolvency</I>&#8212;a court of competent jurisdiction commences bankruptcy or other
insolvency proceedings against the Issuer, the Parent Guarantor or a Guarantor that is a Significant Subsidiary under the applicable laws of their respective jurisdictions of incorporation, or the Issuer, the Parent Guarantor or a Guarantor that is
a Significant Subsidiary applies for or institutes such proceedings or offers or makes an assignment for the benefit of its creditors generally, or a third party institutes bankruptcy or insolvency proceedings against the Issuer, the Parent
Guarantor or a Guarantor that is a Significant Subsidiary and such proceedings are not discharged or stayed within 90 days; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-84- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>impossibility due to government action</I>&#8212;any governmental order, decree or enactment shall be made
in or by Belgium or the jurisdiction of incorporation of a Guarantor that is a Significant Subsidiary whereby the Issuer, the Parent Guarantor, or such Guarantor that is a Significant Subsidiary is prevented from observing and performing in full its
obligations as set forth in the terms and conditions of the Notes and the Guarantees, respectively, and this situation is not cured within 90 days; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>invalidity of the Guarantees</I>&#8212;the Guarantees provided by the Parent Guarantor or a Guarantor that
is a Significant Subsidiary cease to be valid and legally binding for any reason whatsoever or the Parent Guarantor or a Guarantor that is a Significant Subsidiary seeks to deny or disaffirm its obligations under the Guarantee.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an Event of Default occurs and is continuing with respect to the Notes, then, unless the principal of all of the
Notes shall already have become due and payable (in which case no action is required for the acceleration of the Notes), the Holders of not less than 25% in aggregate principal amount of Notes then outstanding, by written notice to the Issuer, the
Parent Guarantor and the Trustee as provided in the Indenture, may declare the entire principal of all the Notes of such series, and the interest accrued thereon, to be due and payable immediately, <I>provided</I>, <I>however</I>, that if an Event
of Default specified in paragraph (d)&nbsp;above with respect to the Notes at the time outstanding occurs, the principal amount of that series shall automatically, and without any declaration or other action on the part of the Trustee or any Holder,
become immediately due and payable. Under certain circumstances, the Holders of a majority in aggregate principal amount of the Notes then outstanding may, by written notice to the Issuer and the Trustee as provided in the Indenture, waive all
defaults and rescind and annul such declaration and its consequences, but no such waiver or rescission and annulment shall extend to or shall affect any subsequent default or shall impair any right consequent thereon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except in cases of default, where the Trustee has some special duties, the Trustee is not required to take any action under the indenture at
the request of any Holders unless the Holders offer the Trustee reasonable protection from costs, expenses and liability. This protection is called an indemnity. If reasonable indemnity is provided, the Holders of a majority in principal amount of
the outstanding Notes may direct the time, method and place of conducting any proceeding seeking any remedy available to the Trustee. These majority Holders may also direct the Trustee in performing any other action under the Indenture, so long as
such direction would not involve the Trustee in personal liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before you bypass the Trustee and bring your own lawsuit or other
formal legal action or take other steps to enforce your rights or protect your interests relating to the debt securities, the following must occur: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must be given written notice that an event of default has occurred and remains uncured.
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Holders of not less than 25% in principal amount of all outstanding Notes of the relevant series must make a
written request that the Trustee institute proceedings because of the default, and must offer indemnity and/or security satisfactory to the Trustee against the costs, expenses and liabilities of taking such request. </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Trustee must have not taken action for 60 days after receipt of the above notice, request and offer of
indemnity. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">No direction inconsistent with such written request has been given to the Trustee during such <FONT
STYLE="white-space:nowrap">60-day</FONT> period by the holders of the majority in principal amount of the outstanding Notes of that series. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">However, you are entitled at any time to bring a lawsuit for the payment of money due on your security on or
after its due date. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will furnish to the Trustee every year a written statement of certain of our officers and
directors, certifying that, to their knowledge, we are in compliance with the Indenture and the Notes, or else specifying any default. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-85- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Modifications and Amendment </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may execute agreements adding any provisions to or changing in any manner or eliminating any of the
provisions of the Indenture or of any supplemental agreement or modifying in any manner the rights of the Holders under the Notes or the Guarantees only with the consent of the Holders of not less than a majority in aggregate principal amount of the
notes then outstanding (irrespective of series) that would be affected by the proposed modification or amendment; <I>provided</I> that no such agreement shall (a)&nbsp;change the maturity of the principal of, or any installment of interest on, any
Note, or reduce the principal amount or the interest thereof, or extend the time of payment of any installment of interest thereon, or change the currency of payment of principal of, or interest on, any Note, or change the Issuer&#8217;s or a
Guarantor&#8217;s obligation to pay Additional Amounts, impair or affect the right of any Holder to institute suit for the enforcement of any such payment on or after the due date thereof (or in the case of redemption on or after the redemption
date) or change in any manner adverse to the interests of the Holders the terms and provisions of the Guarantees in respect of the due and punctual payment of principal amount of the Notes then outstanding plus accrued and unpaid interest (and all
Additional Amounts, if any) without the consent of the Holder of each Note so affected; or (b)&nbsp;reduce the aforesaid percentage of notes, the consent of the Holders of which is required for any such agreement, without the consent of all of the
Holders of the affected series of the notes then outstanding. To the extent that any changes directly affect fewer than all the series of the notes issued under the Indenture, only the consent of the Holders of notes of the relevant series (in the
respective percentages set forth above) will be required. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer, the Guarantors and the Trustee may, without the consent of the
Holders, from time to time execute agreements or amendments or enter into an indenture or indentures supplemental thereto (including in respect of one series of notes only) for one or more of the following purposes: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to convey, transfer, assign, mortgage or pledge any property or assets to the Trustee or another person as
security for the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence the succession of another person to the Issuer or any Guarantors, or successive successions, and the
assumption by the successor person of the covenants of the Issuer or any of the Guarantors, pursuant to the Indenture and the Notes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to evidence and provide for the acceptance of appointment of a successor or successors to the Trustee in any of
its capacities and to add to or change any of the provisions of the Indenture to facilitate the administration of the trusts created thereunder by more than one trustee; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to the covenants of the Issuer or the Guarantors, for the benefit of the Holders of the Notes issued under
the Indenture, or to surrender any rights or powers conferred on the Issuer or the Guarantors in the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any additional events of default for the benefit of the Holders of the Notes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add to, change or eliminate any of the provisions of the Indenture in respect of the Notes, provided that any
such addition, change or elimination (A)&nbsp;shall neither (i)&nbsp;apply to any Note created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)&nbsp;modify the rights of the Holder of any
such Note with respect to such provision or (B)&nbsp;shall become effective only when there is no such Note outstanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to modify the restrictions on and procedures for, resale and other transfers of the Notes pursuant to law,
regulation or practice relating to the resale or transfer of restricted securities generally; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issues of securities in exchange for one or more series of outstanding debt securities;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the issuance and terms of any particular series of securities, the rights and obligations of the
Guarantors and the holders of the securities of such series, the form or forms of the securities of such series and such other matters in connection therewith as the Issuer and the Guarantors shall consider appropriate, including, without
limitation, provisions for (a)&nbsp;additional or different covenants, restrictions or conditions applicable to such series, (b)&nbsp;additional or different events of default in respect of such series, (c)&nbsp;a longer or shorter period of grace
and/or notice in respect of any provision applicable to such series than is otherwise provided, (d)&nbsp;immediate enforcement of any event of default in respect of such series or (e)&nbsp;limitations upon the remedies available in respect of any
events of default in respect of such series or upon the rights of the holders of securities of such series to waive any such event of default; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-86- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">(a) to cure any ambiguity or to correct or supplement any provision contained in the Indenture, the Notes or the
Guarantees, or in any supplemental agreement, which may be defective or inconsistent with any other provision contained therein or in any supplemental agreement, (b)&nbsp;to eliminate any conflict between the terms thereof and the Trust Indenture
Act or (c)&nbsp;to make such other provision in regard to matters or questions arising under the Indenture or under any supplemental agreement as the Issuer may deem necessary or desirable and which will not adversely affect the interests of the
Holders to which such provision relates in any material respect; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to &#8220;reopen&#8221; the Notes and create and issue additional Notes having identical terms and conditions as
the Notes (or in all respects except for the issue date, issue price, first interest accrual date and first interest payment date) so that the additional notes are consolidated and form a single series with the outstanding Notes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to add any Subsidiary of the Parent Guarantor as a Guarantor with respect to any series of notes, subject to
applicable regulatory or contractual limitations relating to such subsidiary&#8217;s Guarantee; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for the release and termination of any Subsidiary Guarantor&#8217;s Guarantee in the circumstances
described under &#8220;Description of the Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to provide for any amendment, modification or alteration of any Subsidiary Guarantor&#8217;s Guarantee and the
limitations applicable thereto in the circumstances described under &#8220;Description of the Debt Securities and Guarantees&#8212;Guarantees&#8221; in the Prospectus; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">to make any other change that does not materially adversely affect the interests of the holders of the notes
affected thereby. </P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The Trustee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York Mellon Trust Company, N.A. is the trustee and principal paying agent under the indentures. The trustee has two principal
functions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">first, it can enforce a holder&#8217;s rights against us if we default on debt securities issued under the
indenture. There are some limitations on the extent to which the trustee acts on a holder&#8217;s behalf, described under &#8220;&#8212;Events of Default&#8221;; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">second, the trustee performs administrative duties for us, such as sending the holder&#8217;s interest payments,
transferring debt securities to a new buyer and sending notices to holders. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We and some of our subsidiaries maintain
deposit accounts and conduct other banking transactions with the trustee and affiliates of the trustee in the ordinary course of our respective businesses. The address of The Bank of New York Mellon Trust Company, N.A. is 911 Washington Avenue, 3rd
Floor; St. Louis, Missouri 63101. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If an event of default occurs, or an event occurs that would be an event of default if the requirements
for giving us default notice or our default having to exist for a specific period of time were disregarded, the trustee may therefore be considered to have a conflicting interest with respect to the debt securities or the applicable indenture for
purposes of the Trust Indenture Act of 1939. In that case, the trustee may be required to resign as trustee under the applicable indenture and we would be required to appoint a successor trustee. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-87- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Substitution of the Issuer or Guarantor; Consolidation, Merger and Sale of Assets </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In all cases subject to any provisions contained in the applicable prospectus supplement describing the Holders&#8217; option to require
repayment upon a change in control, (i)&nbsp;the Issuer or a Guarantor, without the consent of the Holders of any of the debt securities, may consolidate with or merge into, or sell, transfer, lease or convey all or substantially all of their
respective assets to, any corporation and (ii)&nbsp;the Issuer may at any time substitute for the Issuer either a Guarantor or any Affiliate (as defined below) of a Guarantor as principal debtor under the debt securities (a &#8220;Substitute
Issuer&#8221;); provided that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Substitute Issuer or any other successor company shall expressly assume the Issuer&#8217;s or such
Guarantor&#8217;s respective obligations under the debt securities or the Guarantees, as the case may be, and the Indenture; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any other successor company is organized under the laws of a member country of the Organization for Economic <FONT
STYLE="white-space:nowrap">Co-Operation</FONT> and Development; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Issuer is not in default of any payments due under the debt securities and immediately before and after
giving effect to such consolidation, merger, sale, transfer, lease or conveyance, no Event of Default shall have occurred and be continuing; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in the case of a Substitute Issuer: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the obligations of the Substitute Issuer arising under or in connection with the debt securities and the
Indenture are fully, irrevocably and unconditionally guaranteed by the Parent Guarantor and each Subsidiary Guarantor (if any) on the same terms as existed immediately prior to such substitution under the Guarantees given by such Guarantors;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Parent Guarantor, the Issuer and the Substitute Issuer jointly and severally indemnify each Holder for any
income tax or other tax (if any) recognized by such Holder solely as a result of the substitution of the Substitute Issuer (and not as a result of any transfer by such Holder); </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each stock exchange on which the debt securities are listed shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to be listed on such stock exchange; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">each rating agency that rates the debt securities shall have confirmed that, following the proposed
substitution of the Substitute Issuer, such debt securities will continue to have the same or better rating as immediately prior to such substitution; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">written notice of such transaction shall be promptly provided to the Holders. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of the foregoing, &#8220;Affiliate&#8221; shall mean, with respect to any specified person, any other person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon the effectiveness of
any substitution, all of the foregoing provisions will apply mutatis mutandis, and references elsewhere herein to the Issuer or a Guarantor will, where the context so requires, be deemed to be or include references, to any successor company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Discharge and Defeasance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Discharge of Indenture
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Indenture provides that the Issuer and the Guarantors will be discharged from any and all obligations in respect of the
Indenture (except for certain obligations to register the transfer of or exchange debt securities, replace stolen, lost or mutilated debt securities, make payments of principal and interest and maintain paying agencies) if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer or the Guarantors have paid or caused to be paid in full the principal of and interest on all debt
securities outstanding thereunder; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer or the Guarantors shall have delivered to the Trustee for cancellation all debt securities outstanding
theretofore authenticated; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">all debt securities not theretofore delivered to the Trustee for cancellation (i)&nbsp;have become due and
payable, (ii)&nbsp;will become due and payable in accordance with their terms within one year or (iii)&nbsp;are to be, or have been, called for redemption as described under &#8220;&#8212;Optional Redemption&#8221; within one year under arrangements
satisfactory to the Trustee for the giving of notice of redemption, and, in </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-88- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">
any such case, the Issuer or the Guarantors shall have irrevocably deposited with the Trustee as trust funds in irrevocable trust, specifically pledged as security for, and dedicated solely to,
the benefit of the Holders of such debt securities, (a)&nbsp;cash in U.S. dollars in an amount, or (b)&nbsp;U.S. Government Obligations (as defined below) which through the payment of interest thereon and principal thereof in accordance with their
terms will provide not later than the due date of any payment, cash in U.S. dollars in an amount, or (c)&nbsp;any combination of (a)&nbsp;and (b), sufficient to pay all the principal of, and interest (and Additional Amounts, if any) on, all such
debt securities not theretofore delivered to the Trustee for cancellation on the dates such payments are due in accordance with the terms of the debt securities and all other amounts payable under the Indenture by the Issuer. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>U.S. Government Obligations</B>&#8221; means securities which are (i)&nbsp;direct obligations of the U.S. government or
(ii)&nbsp;obligations of a person controlled or supervised by and acting as an agency or instrumentality of the U.S. government, the payment of which is unconditionally guaranteed by the U.S. government, which, in either case, are full faith and
credit obligations of the U.S. government payable in U.S. dollars and are not callable or redeemable at the option of the issuer thereof. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Covenant
Defeasance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Indenture also provides that the Issuer and the Guarantors need not comply with certain covenants of the Indenture
(including those described under &#8220;&#8212;Certain Covenants&#8212;Limitation on Liens&#8221;), and the Guarantors shall be released from their obligations under the Guarantees, if: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer (or the Guarantors) irrevocably deposit with the Trustee as trust funds in irrevocable trust,
specifically pledged as security for, and dedicated solely to, the benefit of the holders of such debt securities, (i)&nbsp;cash in U.S. dollars in an amount, or (ii)&nbsp;U.S. government obligations which through the payment of interest thereon and
principal thereof in accordance with their terms will provide not later than one day before the due date of any payment cash in U.S. dollars in an amount, or (iii)&nbsp;any combination of (i)&nbsp;and (ii), sufficient to pay all the principal of,
and interest on, the debt securities then outstanding on the dates such payments are due in accordance with the terms of the debt securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">certain events of default, or events which with notice or lapse of time or both would become such an event of
default, shall not have occurred and be continuing on the date of such deposit; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of recognized
standing with respect to U.S. federal income tax matters to the effect that the beneficial owners of the debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the exercise of such Covenant
Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would be the case if such Covenant Defeasance had not occurred; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an opinion of tax counsel of recognized
standing in its jurisdiction of incorporation to the effect that such deposit and related Covenant Defeasance will not cause the Holders, other than Holders who are or who are deemed to be residents of such jurisdiction of incorporation or use or
hold or are deemed to use or hold their debt securities in carrying on a business in such jurisdiction of incorporation, to recognize income, gain or loss for income tax purposes in such jurisdiction of incorporation, and to the effect that payments
out of the trust fund will be free and exempt from any and all withholding and other income taxes of whatever nature of such jurisdiction of incorporation or political subdivision thereof or therein having power to tax, except in the case of debt
securities beneficially owned (i)&nbsp;by a person who is or is deemed to be a resident of such jurisdiction of incorporation or (ii)&nbsp;by a person who uses or holds or is deemed to use or hold such debt securities in carrying on a business in
such jurisdiction of incorporation; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the Issuer, or the Guarantors, as the case may be, deliver to the Trustee an officers&#8217; certificate and an
opinion of legal counsel of recognized standing, each stating that all conditions precedent provided for relating to such Covenant Defeasance have been complied with. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The effecting of these arrangements is also known as &#8220;Covenant Defeasance.&#8221; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-89- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Guarantee </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each debt security will benefit from an unconditional, full and irrevocable guarantee by the Parent Guarantor. One or more of the following
Subsidiary Guarantors, which are subsidiaries of the Parent Guarantor, may, along with the Parent Guarantor, jointly and severally guarantee the debt securities on a full, unconditional and irrevocable basis: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">BrandBrew S.A.; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Cobrew NV/SA; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Anheuser-Busch Companies, Inc. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Subsidiary Guarantors, if any, for any particular series of debt securities will be specified in the applicable prospectus supplement.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each guarantee to be provided is referred to as a &#8220;<B>Guarantee</B>&#8221; and collectively, the &#8220;<B>Guarantees</B>;&#8221;
the subsidiaries of the Parent Guarantor providing Guarantees are referred to as the &#8220;<B>Subsidiary Guarantors</B>&#8221; and the Parent Guarantor and Subsidiary Guarantors collectively are referred to as the &#8220;<B>Guarantors</B>.&#8221;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All such Guarantees are set forth in the Indenture, or a supplement thereto. The Guarantees provided by several of the Guarantors will be
subject to certain limitations set forth below under &#8220;&#8212;Guarantee Limitations.&#8221; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Under the Guarantees, the Guarantors
will guarantee to each Holder the due and punctual payment of any principal, accrued and unpaid interest (and all Additional Amounts, if any) due under the debt securities in accordance with the Indenture. Each Guarantor will also pay Additional
Amounts (if any) in respect of payments under its Guarantee. The Guarantees will be the full, direct, unconditional, unsecured and unsubordinated general obligations of the Guarantors. The Guarantees will rank <I>pari passu</I> among themselves,
without any preference of one over the other by reason of priority of date of issue or otherwise, and at least equally with all other unsecured and unsubordinated general obligations of the Guarantors from time to time outstanding. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the Subsidiary Guarantors shall be entitled to terminate its Guarantee, and the Trustee shall execute a release and termination
agreement effecting such termination, in the event that at the time its Guarantee of the debt securities is terminated, (i)&nbsp;the relevant Subsidiary Guarantor is released from its guarantee of the Issuer&#8217;s 2008 Senior Facilities Agreement
and the Issuer&#8217;s 2010 Senior Facilities Agreement, or is no longer a guarantor under either facility and (ii)&nbsp;the aggregate amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a guarantor or
borrower) does not exceed 10% of the consolidated gross assets of the Parent Guarantor as reflected in the balance sheet included in its most recent publicly released interim or annual consolidated financial statements. For purposes of this clause,
the amount of a Guarantor&#8217;s indebtedness for borrowed money shall not include (A)&nbsp;the debt securities (or the January Notes, the May Notes, October Notes or March Notes), (B)&nbsp;any other debt the terms of which permit the termination
of the Guarantor&#8217;s guarantee of such debt under similar circumstances, as long as such Guarantor&#8217;s obligations in respect of such other debt are terminated at substantially the same time as its guarantee of the debt securities, and
(C)&nbsp;any debt that is being refinanced at substantially the same time that the Guarantee of the debt securities is being released, <I>provided </I>that any obligations of the Guarantor in respect of the debt that is incurred in the refinancing
shall be included in the calculation of the Guarantor&#8217;s indebtedness for borrowed money. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, BrandBrew, whose guarantee is
subject to certain limitations described below shall be entitled to terminate its Guarantee, and the Trustee shall execute a release and termination agreement effecting such termination, with respect to any or all series of the notes issued under
the Indenture, in the event that BrandBrew determines that under the rules, regulations or interpretations of the SEC it would be required to include its financial statements in any registration statement filed with the SEC with respect to any
series of notes or guarantees issued under the Indenture or in periodic reports filed with or furnished to the SEC (by reason of such limitations or otherwise). Furthermore, BrandBrew will be entitled to amend or modify by execution of an indenture
supplemental to the Indenture the terms of its Guarantee or the limitations applicable to its Guarantee, as set forth below, in any respect reasonably deemed necessary by BrandBrew to meet the requirements of
<FONT STYLE="white-space:nowrap">Rule&nbsp;3-10</FONT> under Regulation <FONT STYLE="white-space:nowrap">S-X</FONT> under the Securities Act (or any successor or similar regulation or exemption) in order for financial statements of such Subsidiary
Guarantor not to be required to be included in any registration statement or in periodic reports filed with or furnished to the SEC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-90- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Guarantee Limitations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>BrandBrew S.A. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding
anything to the contrary in the Guarantee provided by BrandBrew S.A., the maximum aggregate liability of BrandBrew S.A. under its Guarantee and as a guarantor of the BrandBrew Guaranteed Facilities (excluding its Guarantee) shall not exceed an
amount equal to the aggregate of (without double counting): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all moneys received by BrandBrew S.A. and the BrandBrew Subsidiaries as a borrower or
issuer under the BrandBrew Guaranteed Facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the aggregate amount of all outstanding intercompany loans made to BrandBrew S.A. and the BrandBrew
Subsidiaries by other members of the AB InBev Group which have been directly or indirectly funded using the proceeds of borrowings under the BrandBrew Guaranteed Facilities; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an amount equal to 100% of the greater of: </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of BrandBrew S.A.&#8217;s own capital (<I>capitaux propres</I>) and its subordinated debt (<I>dettes
subordonn&eacute;es</I>) (other than any subordinated debt already accounted for under (B)&nbsp;above) (both as referred to in article 34 of the Luxembourg law 19&nbsp;December 2002 on the commercial register and annual accounts, as amended (the
&#8220;<B>Law of 2002</B>&#8221;) as reflected in BrandBrew S.A.&#8217;s most recent annual accounts approved by the competent organ of BrandBrew S.A. (as audited by its <I>r&eacute;viseur d&#8217;entreprises</I> (external auditor), if required by
law); and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the sum of BrandBrew S.A.&#8217;s own capital (i)&nbsp;and its subordinated debt (<I>dettes
subordonn&eacute;es</I>) (both as referred to in article 34 of the Law of 2002) as reflected in its filed annual accounts available as of the date of its Guarantee. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, the limitation on the Guarantee provided by BrandBrew S.A. shall not apply to any Guarantee by BrandBrew S.A. of
any obligations owed by the BrandBrew Subsidiaries under the BrandBrew Guaranteed Facilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition to the limitation referred to
above in respect of the Guarantee provided by BrandBrew S.A., the obligations and liabilities of BrandBrew S.A. under the Guarantee provided by BrandBrew S.A. and under any of the BrandBrew Guaranteed Facilities shall not include any obligation
which, if incurred, would constitute a breach of the provisions on financial assistance as defined by article <FONT STYLE="white-space:nowrap">49-6</FONT> of the Luxembourg Law on Commercial Companies dated 10&nbsp;August 1915, as amended, to the
extent such or an equivalent provision is applicable to BrandBrew S.A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>BrandBrew Guaranteed Facilities</B>&#8221; means:
(i)&nbsp;the &#128;2,500,000,000 syndicated credit facility agreement dated 8&nbsp;December 2005 among the Parent Guarantor, Fortis Bank and others; (ii)&nbsp;the &#128;150,000,000 facility agreement dated 13&nbsp;May 2008 between the Parent
Guarantor, Cobrew NV/SA and BNP Paribas as lender; (iii)&nbsp;the &#128;150,000,000 facility agreement dated 20&nbsp;June 2008 between, among others, the Parent Guarantor, Cobrew and The Royal Bank of Scotland plc as lender; (iv)&nbsp;the Existing
Target Debt; (v)&nbsp;the USD 850,000,000 note purchase and guarantee agreement dated 22&nbsp;October 2003 and entered into between, among others, the Parent Guarantor as issuer, Cobrew and BrandBrew; (vi)&nbsp;any notes issued by BrandBrew S.A. or
the Parent Guarantor under the Programme; (vii)&nbsp;the 2008 Senior Facilities Agreement; (viii)&nbsp;the January Notes; (ix)&nbsp;the May Notes; (x)&nbsp;the October Notes; (xi)&nbsp;the March Notes; (xii)&nbsp;the 2010 Facilities Agreement; and
(xiii)&nbsp;the debt securities, or any refinancing (in whole or part) of any of the above items for the same or a lower amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>BrandBrew Subsidiaries</B>&#8221; means each entity of which BrandBrew S.A. has direct or indirect control or owns directly or
indirectly more than 50% of the voting share capital or similar right of ownership; and control for this purpose means the power to direct the management and the policies of the entity whether through the ownership of voting capital, by contract or
otherwise. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-91- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Existing Target Debt</B>&#8221; means the following notes, debentures and bonds of
Anheuser-Busch Companies, Inc.: (i)&nbsp;6.450% Debentures due 1&nbsp;September 2037; (ii)&nbsp;5.50% Notes due 15&nbsp;January 2018; (iii)&nbsp;9.0% Debentures due 1&nbsp;December 2009; (iv)&nbsp;6.75% Debentures due 15&nbsp;December 2027;
(v)&nbsp;6.50% Debentures due 1&nbsp;January 2028; (vi)&nbsp;5.75% Notes due 1&nbsp;April 2010; (vii)&nbsp;7.50% Notes due 15&nbsp;March 2012; (viii)&nbsp;7.55% Debentures due 1&nbsp;October 2030; (ix)&nbsp;6.80% Debentures due 15&nbsp;January 2031;
(x)&nbsp;6.00% Notes due 15&nbsp;April 2011; (xi)&nbsp;6.80% Debentures due 20&nbsp;August 2032; (xii)&nbsp;5.625% Notes due 1&nbsp;October 2010; (xiii)&nbsp;6.00% Debentures due 1&nbsp;November 2041; (xiv)&nbsp;6.50% Debentures due 1&nbsp;May 2042;
(xv)&nbsp;6.50% Debentures due 1&nbsp;February 2043; (xvi)&nbsp;4.375% Notes due 15&nbsp;January 2013; (xvii)&nbsp;5.95% Debentures due 15&nbsp;January 2033; (xviii)&nbsp;4.625% Notes due 1&nbsp;February 2015; (xix)&nbsp;4.50% Notes due 1&nbsp;April
2018; (xx)&nbsp;5.35% Notes due 15&nbsp;May 2023; (xxi)&nbsp;4.95% Notes due 15&nbsp;January 2014; (xxii)&nbsp;5.05% Notes due 15&nbsp;October 2016; (xxiii)&nbsp;5.00% Notes due 1&nbsp;March 2019; (xxiv)&nbsp;4.70% Notes due 15&nbsp;April 2012;
(xxv)&nbsp;5.00% Notes due 15&nbsp;January 2015; (xxvi)&nbsp;5.491% Notes due 15&nbsp;November 2017; (xxvii)&nbsp;5.75% Debentures due 1&nbsp;April 2036; (xxviii)&nbsp;5.60% Notes due 1&nbsp;March 2017; (xxix)&nbsp;Notes issued on 1&nbsp;December
1989 by the Development Authority of Cartersville*; (xxx)&nbsp;Notes issued on 1&nbsp;November 1990 by the Development Authority of Cartersville*; (xxxi)&nbsp;Notes issued on 1&nbsp;May 1991 by The Industrial Development Authority of the City of St.
Louis, Missouri*; (xxxii)&nbsp;Notes issued on 1&nbsp;April 1997 by the Industrial Development Authority of the County of James City, Virginia*; (xxxiii)&nbsp;Notes issued on 1&nbsp;April 1997 by the Development Authority of Cartersville*;
(xxxiv)&nbsp;Notes issued on 1&nbsp;August 1999 by the Ohio Water Development Agency*; (xxxv)&nbsp;Notes issued on 1&nbsp;December 1999 by The Onondaga County Industrial Development Agency*; (xxxvi)&nbsp;Notes issued on 1&nbsp;July 2000 by the Ohio
Water Development Agency*; (xxxvii)&nbsp;Notes issued on 1&nbsp;November 2001 by the Ohio Water Development Agency*; (xxxviii)&nbsp;Notes issued on 1&nbsp;March 2002 by the Development Authority of Cartersville*; (xxxix)&nbsp;Notes issued on
1&nbsp;April 2002 by the Gulf Coast Waste Disposal Authority*; (xl)&nbsp;Notes issued on 1&nbsp;October 2002 by the City of Jonesboro, Arkansas*; (xli)&nbsp;Notes issued on 1&nbsp;July 2006 by The Onondaga County Industrial Development Agency*;
(xlii)&nbsp;Notes issued on 1&nbsp;February 2007 by The Business Finance Authority of the State of New Hampshire*; (xliii)&nbsp;Notes issued on 1&nbsp;February 2007 by the Jacksonville Economic Development Commission*; (xliv)&nbsp;Notes issued on
1&nbsp;February 2007 by the City of Fort Collins, Colorado*; (xlv)&nbsp;Notes issued on 1&nbsp;February 2007 by The Industrial Development Authority of the City of St. Louis, Missouri*; (xlvi)&nbsp;Notes issued on 1&nbsp;February 2007 by the
California Statewide Communities Development Authority*; (xlvii)&nbsp;Notes issued on 31&nbsp;May 2007 by the New Jersey Economic Development Authority*; (xlviii)&nbsp;Notes issued on 1&nbsp;August 2007 by the Development Authority of Cartersville*;
and (xlix)&nbsp;Notes issued on 1&nbsp;September 2007 by the California Enterprise Development Authority*. </P><DIV STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</DIV>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Anheuser-Busch Companies, Inc. has subsequently become the principal debtor in respect of the debt securities
listed in <FONT STYLE="white-space:nowrap">sub-paragraphs</FONT> (xxix)&nbsp;to (xlix). </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#8220;<B>Programme&#8221;
</B>means the Euro Medium Term Note Programme established by BrandBrew S.A. and Anheuser-Busch InBev SA/NV, as issuers, in January 2009 and subsequently recommenced on 24&nbsp;February 2010. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Certain Covenants </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Limitation on Liens </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">So long as any of the debt securities remains outstanding, the Parent Guarantor will not, nor will it permit any Restricted Subsidiary to,
create, assume, guarantee or suffer to exist any mortgage, pledge, security interest or lien (an &#8220;Encumbrance&#8221;) on any of its Principal Plants or on any capital stock of any Restricted Subsidiary without effectively providing that the
debt securities (together with, if the Parent Guarantor shall so determine, any other indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and any other indebtedness of such Restricted
Subsidiary then existing or thereafter created) shall be secured by the security for such secured indebtedness equally and ratably therewith, provided, however, the above limitation does not apply to: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase money liens, so long as such liens attach only to the assets so acquired and improvements thereon;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the time of acquisition of property (including through merger or consolidation) or
securing indebtedness the proceeds of which are used to pay or reimburse the Parent Guarantor or a Restricted Subsidiary for the cost of such property (provided such indebtedness is incurred within 180 days after such acquisition);
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances on property of a Restricted Subsidiary existing at the time it becomes a Restricted Subsidiary;
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-92- </P>

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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances to secure the cost of development or construction of property, or improvements thereon, provided
that the recourse of the creditors in respect of such indebtedness is limited to such property and improvements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances in connection with the acquisition or construction of Principal Plants or additions thereto
financed by <FONT STYLE="white-space:nowrap">tax-exempt</FONT> securities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances securing indebtedness owing to the Parent Guarantor or a Restricted Subsidiary by a Restricted
Subsidiary; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances existing at the date of the Indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Encumbrances required in connection with state or local governmental programs which provide financial or tax
benefits, provided the obligations secured are in lieu of or reduce an obligation that would have been secured by an Encumbrance permitted under the Indenture; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance arising by operation of law and not securing amounts more than ninety (90)&nbsp;days overdue or
otherwise being contested in good faith; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(j)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">judgment Encumbrances not giving rise to an event of default; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(k)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made in the ordinary course of business, including, but not limited to,
(i)&nbsp;any mechanics&#8217;, materialmen&#8217;s, carriers&#8217;, workmen&#8217;s, vendors&#8217; or other like Encumbrances, (ii)&nbsp;any Encumbrances securing amounts in connection with workers&#8217; compensation, unemployment insurance and
other types of social security, and (iii)&nbsp;any easements, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">rights-of-way,</FONT></FONT> restrictions and other similar charges; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(l)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance upon specific items of inventory or other goods and proceeds of the Parent Guarantor or any
Restricted Subsidiary securing the Parent Guarantor&#8217;s or any such Restricted Subsidiary&#8217;s obligations in respect of bankers&#8217; acceptances issued or created for the account of such person to facilitate the purchase, shipment or
storage of such inventory or other goods; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(m)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance incurred or deposits made securing the performance of tenders, bids, leases, statutory
obligations, surety and appeal bonds, government contracts, performance and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">return-of-money</FONT></FONT> bonds and other obligations of like nature incurred in the ordinary course of
business; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(n)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance on any Principal Plant of the Parent Guarantor or any Restricted Subsidiary in favor of the
Federal Government of the United States or the government of any State thereof, or the government of the United Kingdom, or any state in the European Union, or any instrumentality of any of them, securing the obligations of the Parent Guarantor or
any Restricted Subsidiary pursuant to any contract or payments owed to such entity pursuant to applicable laws, rules, regulations or statutes; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(o)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any Encumbrance securing taxes or assessments or other applicable governmental charges or levies;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(p)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">extensions, renewals or replacements of the Encumbrances referred to in clauses (a)&nbsp;through (o), provided
that the amount of indebtedness secured by such extension, renewal or replacement shall not exceed the principal amount of indebtedness being extended, renewed or replaced, together with the amount of any premiums, fees, costs and expenses
associated with such extension, renewal or replacement, nor shall the pledge, mortgage or lien be extended to any additional Principal Plant unless otherwise permitted under this covenant; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(q)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">as permitted under the provisions described in the following two paragraphs herein; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(r)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">in connection with sale-leaseback transactions permitted under the Indenture. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding the provisions described in the immediately preceding paragraph, the Parent Guarantor or any Restricted Subsidiary may,
without ratably securing the debt securities, create, assume, guarantee or suffer to exist any indebtedness which would otherwise be subject to such restrictions, and renew, extend or replace such indebtedness, provided that the aggregate amount of
such indebtedness, when added to the fair market value of property transferred in certain sale and leaseback transactions permitted by the Indenture as described below under &#8220;Sale-Leaseback Financings&#8221; (computed without duplication of
amount) does not at the time exceed 15% of Net Tangible Assets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-93- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the Parent Guarantor or any Restricted Subsidiary merges or consolidates with, or
purchases all or substantially all of the assets of, another corporation, or the Parent Guarantor sells all or substantially all of its assets to another corporation, and if such other corporation has outstanding obligations secured by an
Encumbrance which, by reason of an after-acquired property clause or similar provision, would extend to any Principal Plant owned by the Parent Guarantor or such Restricted Subsidiary immediately prior thereto, the Parent Guarantor or such
Restricted Subsidiary, as the case may be, will in such event be deemed to have created an Encumbrance, within the prohibition of the covenant described above, unless (a)&nbsp;such merger or consolidation involving a Restricted Subsidiary
constitutes a disposition by the Parent Guarantor of its interest in the Restricted Subsidiary or (b)&nbsp;(i)&nbsp;at or prior to the effective date of such merger, consolidation, sale or purchase, such Encumbrance shall be released of record or
otherwise satisfied to the extent it would extend to such Principal Plant, (ii)&nbsp;prior thereto, the Parent Guarantor or such Restricted Subsidiary shall have created, as security for the debt securities (and, if the Parent Guarantor shall so
determine, as security for any other indebtedness of the Parent Guarantor then existing or thereafter created ranking equally with the debt securities and any other indebtedness of such Restricted Subsidiary then existing or thereafter created), a
valid Encumbrance which will rank equally and ratably with the Encumbrances of such other corporation on such Principal Plant of the Parent Guarantor or such Restricted Subsidiary, as the case may be, or (iii)&nbsp;such Encumbrance is otherwise
permitted or complies with the Covenant described above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In each instance referred to in the preceding paragraphs where the Parent
Guarantor is obligated to provide security for the debt securities (except, for certain issues of indebtedness, in the case of transactions relating to stock of a Restricted Subsidiary), the Parent Guarantor would be required to provide comparable
security for other outstanding indebtedness under the indentures and other agreements relating thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Sale-Leaseback Transactions Relating to
Principal Plants </I></B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Except to the extent permitted under paragraph (c)&nbsp;below, and except for any transaction involving a lease
for a temporary period, not to exceed three years, by the end of which it is intended that the use of the leased property by the Parent Guarantor or any Restricted Subsidiary will be discontinued and except for any transaction with a state or local
authority that is required in connection with any program, law, statute or regulation that provides financial or tax benefits not available without such transaction, the Parent Guarantor shall not sell any Principal Plant as an entirety, or any
substantial portion thereof, with the intention of taking back a lease of such property and the Parent Guarantor will not permit any Restricted Subsidiary to sell to anyone other than the Parent Guarantor or a Restricted Subsidiary any Principal
Plant as an entirety, or any substantial portion thereof, with the intention of taking back a lease of such property unless: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the net proceeds of such sale (including any purchase money mortgages received in connection with such sale)
are at least equal to the fair market value (as determined by an officer of the Parent Guarantor) of such property and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">c.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">subject to paragraph (d)&nbsp;below, the Parent Guarantor shall, within 120 days after the transfer of title to
such property (or, if the Parent Guarantor holds the net proceeds described below in cash or cash equivalents, within two years) </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">purchase, and surrender to the Trustee for retirement as provided in this covenant, a principal amount of debt
securities equal to the net proceeds derived from such sale (including the amount of any such purchase money mortgages), or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">repay other pari passu indebtedness of the Parent Guarantor or any Restricted Subsidiary in an amount equal to
such net proceeds, or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">expend an amount equal to such net proceeds for the expansion, construction or acquisition of a Principal
Plant, or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">effect a combination of such purchases, repayments and plant expenditures in an amount equal to such net
proceeds. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">d.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">At or prior to the date 120 days after a transfer of title to a Principal Plant which shall be subject to the
requirements of this covenant, the Parent Guarantor shall furnish to the Trustee: </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-94- </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">e.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">an Officers&#8217; Certificate stating that paragraph (a)&nbsp;of this covenant has been complied with and
setting forth in detail the manner of such compliance, which certificate shall contain information as to </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount of debt securities theretofore redeemed and the amount of debt securities theretofore purchased by
the Parent Guarantor and cancelled by the Trustee and the amount of debt securities purchased by the Parent Guarantor and then being surrendered to the Trustee for cancellation, </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount thereof previously credited under paragraph (d)&nbsp;below, </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the amount thereof which it then elects to have credited on its obligation under paragraph (d)&nbsp;below, and
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">any amount of other indebtedness which the Parent Guarantor has repaid or will repay and of the expenditures
which the Parent Guarantor has made or will make in compliance with its obligation under paragraph (a), and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">f.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">a deposit with the Trustee for cancellation of the debt securities then being surrendered as set forth in such
certificate. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">g.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Notwithstanding the restriction of paragraph (a)&nbsp;above, the Parent Guarantor and any one or more
Restricted Subsidiaries may transfer property in sale-leaseback transactions which would otherwise be subject to such restriction if the aggregate amount of the fair market value of the property so transferred and not reacquired at such time, when
added to the aggregate principal amount of indebtedness for borrowed money permitted by the last paragraph of the covenant described under &#8220;&#8212;Limitation on Liens&#8221; which shall be outstanding at the time (computed without duplication
of the value of property transferred as provided in this paragraph (c)), does not at the time exceed 15% of Net Tangible Assets. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">h.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Parent Guarantor, at its option, shall be entitled to a credit, in respect of its obligation to purchase
and retire debt securities under this covenant, for the principal amount of any debt </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">securities deposited with the
Trustee for the purpose and also for the principal amount of (i)&nbsp;any debt securities theretofore redeemed at the option of the Parent Guarantor and (ii)&nbsp;any debt securities previously purchased by the Parent Guarantor and cancelled by the
Trustee, and in each case not theretofore applied as a credit under this paragraph (d)&nbsp;or as part of a sinking fund arrangement for the debt securities. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">i.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">For purposes of this covenant, the amount or the principal amount of debt securities which are issued with
original issue discount shall be the principal amount of such debt securities that on the date of the purchase or redemption of such debt securities referred to in this covenant could be declared to be due and payable pursuant to the Indenture.
</P></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Additional Amounts </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent that any Guarantor is required to make payments in respect of the debt securities, such Guarantor will make all payments in
respect of the debt securities without withholding or deduction for or on account of any present or future taxes or duties of whatever nature imposed or levied by way of withholding or deduction at source by or on behalf of any jurisdiction in which
such Guarantor is incorporated, organized or otherwise tax resident or any political subdivision or any authority thereof or therein having power to tax (the &#8220;Relevant Taxing Jurisdiction&#8221;) unless such withholding or deduction is
required by law. Where a Guarantor is a Luxembourg resident, please refer to the section entitled &#8220;Tax Considerations&#8212;Luxembourg Taxation&#8221; for a description of tax consequences under Luxembourg law. In such event, such Guarantor
will pay to the Holders such additional amounts (the &#8220;Additional Amounts&#8221;) as shall be necessary in order that the net amounts received by the Holders, after such withholding or deduction, shall equal the respective amounts of principal
and interest which would otherwise have been receivable in the absence of such withholding or deduction; except that no such Additional Amounts shall be payable on account of any taxes or duties which: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by any person acting as custodian bank or collecting agent on behalf of a Holder, or otherwise in
any manner which does not constitute a deduction or withholding by the Guarantor from payment of principal or interest made by it; </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-95- </P>

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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of the Holder or beneficial owner having, or having had, some personal or business
connection with such Relevant Taxing Jurisdiction and not merely by reason of the fact that payments in respect of the debt securities or the Guarantees are, or for purposes of taxation are deemed to be, derived from sources in, or are secured in
the Relevant Taxing Jurisdiction; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed or withheld by reason of the failure of the Holder or beneficial owner to provide certification,
information, documents or other evidence concerning the nationality, residence or identity of the Holder and beneficial owner or to make any valid or timely declaration or similar claim or satisfy any other reporting requirements relating to such
matters, whether required or imposed by statute, treaty, regulation or administrative practice, as a precondition to exemption from, or a reduction in the rate of withholding or deduction of, such taxes; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">consist of any estate, inheritance, gift, sales, excise, transfer, personal property or similar taxes;
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are imposed on or with respect to any payment by the applicable Guarantors to the registered Holder if such
Holder is a fiduciary or partnership or any person other than the sole beneficial owner of such payment to the extent that taxes would not have been imposed on such payment had such registered Holder been the sole beneficial owner of such debt
security; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are deducted or withheld pursuant to (i)&nbsp;any European Union directive or regulation concerning the
taxation of interest income; (ii)&nbsp;any international treaty or understanding relating to such taxation and to which the Relevant Taxing Jurisdiction or the European Union is a party, or (iii)&nbsp;any provision of law implementing, or complying
with, or introduced to conform with, such directive, regulation, treaty or understanding; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable by reason of a change in law or practice that becomes effective more than 30 days after the
relevant payment of principal or interest becomes due, or is duly provided for and written notice thereof is provided to the Holders, whichever occurs later; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable because any debt security was presented to a particular paying agent for payment if the debt
security could have been presented to another paying agent without any such withholding or deduction; or </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">are payable for any combination of (a)&nbsp;through (h)&nbsp;above. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">References to principal or interest in respect of the debt securities shall be deemed to include any Additional Amounts, which may be payable
as set forth in the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The preceding covenant regarding Additional Amounts will not apply to any Guarantor at any time when such
Guarantor is incorporated in a jurisdiction in the United States; provided, however, that such covenant will apply to the Issuer at any time when it is incorporated in a jurisdiction outside of the United States. The prospectus supplement relating
to the debt securities may describe additional circumstances in which the Guarantors would not be required to pay additional amounts. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-96- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>American Depositary Shares </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This section will summarize the material provisions of the Amended and Restated Deposit Agreement, dated as of March&nbsp;23, 2018 (the
&#8220;<B>Deposit Agreement</B>&#8221;), among AB InBev, The Bank of New York Mellon, as depositary, and the owners and holders of American Depositary Shares (&#8220;<B>ADSs</B>&#8221;) from time to time under the Deposit Agreement. As used in this
section headed &#8220;&#8212;<I>American Depositary Shares&#8221;</I> all references to the &#8220;depositary&#8221; are references to The Bank of New York Mellon in its capacity as depositary under the Deposit Agreement, and all references to the
&#8220;custodian&#8221; are to the principal Amsterdam office of ING Bank SA/NV in its capacity as custodian under the Deposit Agreement as appointed by the depositary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We do not, however, describe every aspect of the deposit agreement, which has been filed as an exhibit to the 2025 Form <FONT
STYLE="white-space:nowrap">20-F.</FONT> You should read the Deposit Agreement for a more detailed description of the terms of the ADRs. You may obtain copies of the Deposit Agreement and any amendments thereto from the SEC&#8217;s website at
www.sec.gov. Copies of the Deposit Agreement are also on file at the ADR depositary&#8217;s corporate office and the office of the custodian. They are open to inspection by owners and holders during business hours. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Uncertificated ADSs may be registered on the books of the depositary in electronic book-entry form by means of the Direct Registration System
(&#8220;<B>DRS</B>&#8221;) operated by The Depository Trust Company (&#8220;<B>DTC</B>&#8221;). Periodic statements will be mailed to our ADS holders that reflect their ownership interest in such ADSs. Alternatively, under the Deposit Agreement, our
ADSs may be certificated by ADRs delivered by the depositary to evidence the ADSs. Unless otherwise specified in this description, references to &#8220;ADSs&#8221; include (i)&nbsp;our uncertificated ADSs, the ownership of which will be evidenced by
periodic statements ADS holders will receive, and (ii)&nbsp;our certificated ADSs evidenced by our ADRs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary&#8217;s office is
located at 240 Greenwich Street, New York, New York 10286, United States. Because the depositary or its nominee actually holds the underlying Ordinary Shares, ADS holders generally receive the benefit from such underlying Ordinary Shares through the
depositary. ADS holders must rely on the depositary to exercise the rights of a shareholder on their behalf, including the voting of the Ordinary Shares represented by the ADSs. If a person becomes an owner of our ADSs, it will become a party to the
Deposit Agreement and therefore will be bound by its terms and by the terms of the ADSs and the ADRs. The Deposit Agreement specifies the rights and obligations of AB InBev, the ADS holders&#8217; rights and obligations as owners of ADSs and the
rights and obligations of the depositary. The Deposit Agreement, the ADSs and the ADRs will be governed by New York law. However, the underlying Ordinary Shares will continue to be governed by Belgian law, which may be different from New York law.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>General </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Bank of New York
Mellon, as depositary, will register and deliver ADSs. Each ADS will represent one Ordinary Share (or a right to receive one Ordinary Share) deposited with the principal Amsterdam office of ING Bank SA/NV, as custodian for the depositary. Each ADS
will also represent any other securities, cash or other property which may be received by the depositary as a result of holding Ordinary Shares. The depositary&#8217;s corporate office at which the ADSs will be administered is located at 240
Greenwich Street, New York, New York 10286, United States. The Bank of New York Mellon&#8217;s principal executive office is located at 240 Greenwich Street, New York, New York 10286, United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You may hold ADSs either (A)&nbsp;directly (i)&nbsp;by having an ADR, which is a certificate evidencing a specific number of ADSs, registered
in your name, or (ii)&nbsp;by having ADSs registered in your name in the DRS, or (B)&nbsp;indirectly by holding a security entitlement in ADSs through your broker or other financial institution. If you hold ADSs directly, you are a registered ADS
holder, also referred to as an ADS holder. This description assumes you are an ADS holder. If you hold the ADSs indirectly, you must rely on the procedures of your broker or other financial institution to assert the rights of ADS holders described
in this section. You should consult with your broker or financial institution to find out what those procedures are. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">DRS is a system
administered by DTC, pursuant to which the depositary may register the ownership of uncertificated ADSs, which ownership shall be evidenced by periodic statements sent by the depositary to the registered holders of uncertificated ADSs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As an ADS holder, we will not treat you as one of our shareholders and you will not have shareholder rights. Belgian law governs shareholder
rights. The depositary will be the holder of the shares underlying your ADSs. As a registered holder of ADSs, you will have ADS holder rights. The Deposit Agreement among us, the depositary and you, as an ADS holder, and all other persons indirectly
holding ADSs sets out ADS holder rights as well as the rights and obligations of the depositary. New York law governs the Deposit Agreement and the ADSs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-97- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Dividends and Other Distributions </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will agree to pay to ADS holders the cash dividends or other distributions it or the custodian will receive on shares or other
deposited securities, after deducting its fees and expenses. Shareholders will receive these distributions in proportion to the number of ordinary shares their ADSs represent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Cash</I></B>. The depositary will convert, as promptly as practicable, any cash dividend or other cash distribution we pay on the shares
into U.S. dollars, if it can do so on a reasonable basis and can transfer the U.S. dollars to the United States. If that is not possible or if any government approval that is required is not filed, sought or obtained in a reasonable period by the
depositary, the Deposit Agreement allows the depositary to distribute the foreign currency only to those ADS holders to whom it is possible to do so. It will hold the foreign currency it cannot convert for the account of the ADS holders who have not
been paid. It will not invest the foreign currency and it will not be liable for any interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary may convert currency itself
or through any of its affiliates and, in those cases, acts as principal for its own account and not as agent, adviser, broker or fiduciary on behalf of any other person and earns revenue, including, without limitation, transaction spreads, that it
will retain for its own account. The revenue is based on, among other things, the difference between the exchange rate assigned to the currency conversion made under the Deposit Agreement and the rate that the depositary or its affiliate receives
when buying or selling foreign currency for its own account. The depositary makes no representation that the exchange rate used or obtained in any currency conversion under the Deposit Agreement will be the most favorable rate that could be obtained
at the time or that the method by which that rate will be determined will be the most favorable to ADS holders, subject to the depositary&#8217;s obligations under the Deposit Agreement. The methodology used to determine exchange rates used in
currency conversions is available upon request. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Before making a distribution, any withholding taxes, or other governmental charges that
must be paid will be deducted. The depositary will distribute only whole U.S. dollars and cents and will round fractional cents to the nearest whole cent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Shares</I></B>. The depositary may, and will, if we ask it to in writing, distribute additional ADSs representing any shares we
distribute as a dividend or free distribution. The depositary will only distribute whole ADSs. It will sell shares which would require it to deliver a fractional ADS and distribute the net proceeds in the same way as it does with cash. The
depositary will not be required to distribute any securities (other than ADSs) to ADS holders unless it receives satisfactory assurance from us that it is legal to make that distribution. If the depositary does not distribute additional ADSs, the
outstanding ADSs will also represent the new shares. The depositary may sell a portion of the distributed shares sufficient to pay its fees and expenses in connection with that distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If we declare a distribution in which holders of deposited securities have a right to elect whether to receive cash, shares or other
securities, or a right to elect to have a distribution sold on their behalf, the depositary shall endeavor to consult with us and, if we so request in writing, to make that right of election available for exercise by owners of ADSs in any manner the
depositary considers to be lawful and practical. The depositary may require satisfactory assurances from us that doing so would not require registration of any securities under the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Rights to purchase additional shares or other rights</I></B>. If we offer holders of our securities any rights to subscribe for
additional shares or any other rights, the depositary may, after consulting with us, make these rights available to ADS holders or may sell the rights and distribute the proceeds in the same way as it does with cash. The depositary will allow rights
that are not distributed or sold (either due to the terms of such rights offering or for any other reason) to lapse. In circumstances where rights would otherwise note b distributed, if an ADS holder requests a distribution of warrants or other
instruments in order to exercise the rights allocable to the ADS of such holder, the depositary will make such right available to such holder upon our written notice that we permit such rights to be exercised and the holder has executed such
documents as reasonably required under applicable law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the depositary makes rights available to ADS holders, upon the instruction from
such ADS holders, it will exercise the rights and purchase the shares on their behalf. The depositary will then deposit the shares and deliver ADSs to the persons entitled to them. It will only exercise rights if you pay it the exercise price and
any other charges the rights require you to pay. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-98- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">U.S. securities laws may restrict transfers and cancellation of the ADSs represented by
shares purchased upon exercise of rights. For example, you may not be able to trade these ADSs freely in the United States. In this case, the depositary may deliver restricted depositary shares that have the same terms as the ADSs described in this
section except for changes needed to put the necessary restrictions in place. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>Other Distributions</I></B>. The depositary will send
to ADS holders anything else that we distribute on deposited securities by any means it may reasonably think is legal, equitable and practical. If it cannot make </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">the distribution in that way, the depositary has a choice. It may decide to sell what we distributed and distribute the net proceeds, in the same way as it
does with cash. However, the depositary will not be required to distribute any securities (other than ADSs) to ADS holders unless it receives satisfactory assurance from us that it is legal to make that distribution. The depositary will be permitted
to sell a portion of the distributed securities or property sufficient to pay its fees and expenses in connection with that distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will not be responsible if it decides that it is unlawful or impractical to make a distribution available to any ADS holders.
We will have no obligation to register ADSs, shares, rights or other securities under the Securities Act. We also will have no obligation to take any other action to permit the distribution of ADSs, shares, rights or anything else to ADS holders.
See Item&nbsp;8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Dividend Policy&#8221; in the 2025 Form <FONT STYLE="white-space:nowrap">20-F</FONT> for further information on our current
dividend policy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Deposit, Withdrawal, Cancellation and Transfer </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will deliver ADSs if you or your broker deposit shares or evidence of rights to receive shares with the custodian. Upon payment
of its fees and expenses and of any taxes or charges, such as stamp taxes or stock transfer taxes or fees, the depositary will register the appropriate number of ADSs in the names you request and will deliver the ADSs to or upon the order of the
person or persons that made the deposit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You may surrender your ADSs at the depositary&#8217;s corporate trust office. Upon payment of
its fees and expenses and of any taxes or charges, such as stamp taxes or stock transfer taxes or fees, the depositary will deliver the shares and any other deposited securities underlying the ADSs to the ADS holder or a person the ADS holder
designates at the office of the custodian. Or, at your request, risk and expense, the depositary will deliver the deposited securities at its corporate trust office, if feasible. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You may surrender your ADR to the depositary for the purpose of exchanging your ADR for uncertificated ADSs. The depositary will cancel that
ADR and will send to the ADS holder a statement confirming that the ADS holder is the registered holder of uncertificated ADSs. Alternatively, upon receipt by the depositary of a proper instruction from a registered holder of uncertificated ADSs
requesting the exchange of uncertificated ADSs for certificated ADSs, the depositary will execute and deliver to the ADS holder an ADR evidencing those ADSs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ADSs evidenced by an ADR, when the ADR is properly endorsed or accompanied by proper instruments of transfer, shall be transferable as
certificated registered securities under the laws of the State of New York. ADSs not evidenced by ADRs shall be transferable as uncertificated registered securities under the laws of the State of New York. The depositary, notwithstanding any notice
to the contrary, may treat the owner of ADSs as the absolute owner thereof for the purpose of determining the person entitled to distribution of dividends or other distributions or to any notice provided for in this Deposit Agreement and for all
other purposes, and neither the depositary nor AB InBev shall have any obligation or be subject to any liability under this Deposit Agreement to any holder of ADSs (but instead only to the owner of those ADSs). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Voting Rights </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ADS holders may
instruct the depositary to vote the number of deposited shares their ADSs represent. The depositary will notify ADS holders of shareholders&#8217; meetings and arrange to deliver at our expense, except as we may otherwise agree with the depositary,
our voting materials to them if we so request. Those materials will describe the matters to be voted on and explain how ADS holders may instruct the depositary how to vote. For instructions to be valid, they much reach the depositary by a date set
by the depositary (the &#8220;<B>Instruction Cutoff Date</B>&#8221;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-99- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will try, as far as practical, subject to the laws of Belgium and of our
articles of association or similar documents, to vote or to have its agents vote the shares or other deposited securities as instructed by ADS holders (assuming such instruction was received prior to the Instruction Cutoff Date). The depositary will
only vote or attempt to vote as instructed, or as provided below. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If (a)&nbsp;we made a request to the depositary and gave the depositary
notice of the meeting, details concerning the matters to be voted upon and copies of materials to be made available to holders of ordinary shares in connection with the meeting at least 30 days prior to the meeting date and (b)&nbsp;no instructions
are received by the depositary from an owner of ADSs with respect to an amount of deposited securities represented by ADSs of that owner and a matter on or before the Instruction Cutoff Date, the depositary shall deem that owner to have instructed
the depositary to give, and the depositary shall give, a discretionary proxy to a person designated by us with respect to that amount of deposited securities to vote that amount of deposited securities as to that matter in accordance with any of our
recommendations (including any recommendation by us to vote deposited securities on any issue in accordance with the majority shareholders&#8217; vote on that issue) as determined by the appointed proxy, except that such instruction shall not be
deemed to have been given and the depositary shall not give a discretionary proxy with respect to any matter as to which we inform the depositary (and we agree to provide that information as promptly as practicable in writing, if applicable) that
(i)&nbsp;we do not wish to receive a discretionary proxy, (ii)&nbsp;substantial opposition exists or (iii)&nbsp;the matter materially and adversely affects the rights of holders of ordinary shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We cannot assure you that you will receive the voting materials in time to ensure that you can instruct the depositary to vote your shares. In addition, the
depositary and its agents are not responsible for failing to carry out voting instructions or for the manner of carrying out voting instructions. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Amendment and Termination </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
form of ADRs and any provisions of the Deposit Agreement may at any time and from time to time be amended by agreement between the us and the depositary without the consent of owners or holders of ADSs in any respect which we may deem necessary or
desirable. Any amendment which shall impose or increase any fees or charges (other than taxes and other governmental charges, registration fees, telex or facsimile transmission costs, delivery costs or other such expenses), or which shall otherwise
prejudice any substantial existing right of owners of ADSs, shall, however, not become effective as to outstanding ADSs until the expiration of 30 days after notice of such amendment shall have been disseminated to the owners of outstanding ADSs.
Every owner and holder of ADSs, at the time any amendment so becomes effective, shall be deemed, by continuing to hold such ADSs or any interest therein, to consent and agree to such amendment and to be bound by the Deposit Agreement as amended
thereby. In no event shall any amendment impair the right of the owner of ADSs to surrender ADSs and receive therefor the ordinary shares represented thereby, except in order to comply with mandatory provisions of applicable law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We may terminate the Deposit Agreement by instructing the depositary to mail notice of termination to the owners of ADSs then outstanding at
least 30 days prior to the termination date included in such notice. The depositary may likewise terminate the Deposit Agreement, if at any time 90 days shall have expired after the depositary delivered to us a written resignation notice and if a
successor depositary shall not have been appointed and accepted its appointment as provided in the Deposit Agreement; in such case the depositary shall disseminate a notice of termination to the owners of ADSs then outstanding at least 30 days prior
to the termination date. On and after the date of termination, the owner of ADSs will, upon (a)&nbsp;surrender of such ADSs, (b)&nbsp;payment of the fee of the depositary for the surrender of ADSs referred, and (c)&nbsp;payment of any applicable
taxes or governmental charges, be entitled to delivery, to him or upon his order, of the amount of ordinary shares represented by those ADSs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If any ADSs shall remain outstanding after the date of termination, the depositary thereafter shall discontinue the registration of transfers
of ADSs, shall suspend the distribution of dividends to the owners thereof, and shall not give any further notices or perform any further acts under the Deposit Agreement, except that the depositary shall continue to collect dividends and other
distributions pertaining to the ordinary shares, shall sell rights and other property as provided in the Deposit Agreement, and shall continue to deliver ordinary shares, together with any dividends or other distributions received with respect
thereto and the net proceeds of the sale of any rights or other property, upon surrender of ADSs (after deducting, in each case, the fee of the depositary for the surrender of ADSs, any expenses for the account of the owner of such ADSs in
accordance with the terms and conditions of the Deposit Agreement, and any applicable taxes or governmental charges). At </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-100- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
any time after the expiration of four months from the date of termination, the depositary may sell the ordinary shares then held under the Deposit Agreement and may thereafter hold uninvested the
net proceeds of any such sale, together with any other cash then held by it thereunder, unsegregated and without liability for interest, for the pro rata benefit of the owners of ADSs that have not theretofore been surrendered, such owners thereupon
becoming general creditors of the depositary with respect to such net proceeds and that other cash. After making such sale, the depositary shall be discharged from all obligations under the Deposit Agreement, except to account for such net proceeds
and other cash (after deducting, in each case, the fee of the depositary for the surrender of ADSs, any expenses for the account of the owner of such ADSs in accordance with the terms and conditions of the Deposit Agreement, and any applicable taxes
or governmental charges). Upon the termination of the Deposit Agreement, the Company shall be discharged from all obligations under the Deposit Agreement except for its obligations to the depositary with respect to indemnification, charges, and
expenses. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Liability of AB InBev and the Depositary </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Neither AB InBev nor the depositary, nor any of their respective directors, employees, agents or affiliates shall incur any liability to any owner of holder of
ADSs: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">if by reason of (A)&nbsp;any provision of any present or future law or regulation or other act of the
government of the United States, any State of the United States or any other state or jurisdiction, or of any governmental or regulatory authority or stock exchange; (B) (in the case of the depositary only) any provision, present or future, of the
articles of association or similar document of AB InBev, or by reason of any provision of any securities issued or distributed by us, or any offering or distribution thereof; or (C)&nbsp;any event or circumstance, whether natural or caused by a
person or persons, that is beyond the ability of the depositary, its agents or us, as the case may be, to prevent or counteract by reasonable care or effort (including, but not limited to earthquakes, floods, severe storms, fires, explosions, war,
terrorism, civil unrest, labor disputes or criminal acts; interruptions or malfunctions of utility services, internet or other communications lines or systems; unauthorized access to or attacks on computer systems or websites; or other failures or
malfunctions of computer hardware or software or other systems or equipment), the depositary or the Company is, directly or indirectly, prevented from, forbidden to or delayed in, or could be subject to any civil or criminal penalty on account of
doing or performing and therefore does not do or perform, any act or thing that, by the terms of the Deposit Agreement or the deposited securities, it is provided shall be done or performed; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">for any exercise of, or failure to exercise, any discretion provided for in the Deposit Agreement (including
any determination by the depositary to take, or not take, any action that the Deposit Agreement provides the depositary may take); </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">for the inability of any owner or holder of ADSs to benefit from any distribution, offering, right or other
benefit that is made available to holders of deposited securities but is not, under the terms of the Deposit Agreement, made available to owners or holders of ADSs; or </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(iv)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">for any special, consequential or punitive damages for any breach of the terms of the Deposit Agreement.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Where, by the terms of a distribution of cash, shares or other distributions, or an offering or distribution of rights
to subscribe for additional shares, or for any other reason, such distribution or offering may not be made available to owners of ADRs, and the depositary may not dispose of such distribution or offering on behalf of such owners and make the net
proceeds available to such owners, then the depositary shall not make such distribution or offering, and shall allow any rights, if applicable, to lapse. Neither we nor the depositary assume any obligation or shall be subject to any liability under
the Deposit Agreement to owners or holders of ADSs, except that they agree to perform their obligations specifically set forth in the Deposit Agreement without negligence or bad faith. The depositary shall not be a fiduciary or have any fiduciary
duty to owners or holders of ADSs. The depositary shall not be subject to any liability with respect to the validity or worth of the deposited securities. Neither we nor the depositary shall be under any obligation to appear in, prosecute or defend
any action, suit, or other proceeding in respect of any deposited securities or in respect of the ADSs, on behalf of any owner or holder of ADSs or other person. Neither we nor the depositary shall be liable for any action or nonaction by it in
reliance upon the advice of or information from legal counsel, accountants, any person presenting ordinary shares for deposit, any owner or holder of ADSs, or any other person believed by it in good faith to be competent to give such advice or
information. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-101- </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Each of the depositary and AB InBev may rely, and shall be protected in relying upon, any
written notice, request, direction or other document believed by it to be genuine and to have been signed or presented by the proper party or parties. The depositary shall not be liable for any acts or omissions made by a successor depositary
whether in connection with a previous act or omission of the depositary or in connection with a matter arising wholly after the removal or resignation of the depositary, provided that in connection with the issue out of which such potential
liability arises, the depositary performed its obligations without negligence or bad faith while it acted as depositary. The depositary shall not be liable for the acts or omissions of any securities depository, clearing agency or settlement system
in connection with or arising out of book-entry settlement of deposited securities or otherwise. The depositary shall not be responsible for any failure to carry out any instructions to vote any of the deposited securities or for the manner in which
any such vote is cast or the effect of any such vote, provided that any such action or nonaction is in good faith. The depositary shall not be liable for the inability or failure of an owner or holder of ADSs to obtain the benefit of a foreign tax
credit, reduced rate of withholding or refund of amounts withheld in respect of tax or any other tax benefit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">No disclaimer of liability
under the Securities Act of 1933 is intended by any provision of the Deposit Agreement. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Notices and reports </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the we takes or decide to take any corporate action related to cash dividends, share distributions, the offering of rights to subscribe for
additional shares, or other distributions, or that effects or will effect a change of our name or legal structure, or that effects or will effect a change to our ordinary shares, we shall notify the depositary and the custodian of that action or
decision as soon as it is lawful and reasonably practical to give that notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We will arrange for the translation into English, if not
already in English, to the extent required pursuant to any regulations of the SEC, and the prompt transmittal by us to the depositary and the custodian of such notices and any other reports and communications which are made generally available by us
to holders of our ordinary shares. If we so request in writing, the depositary will disseminate, at our expense (except as otherwise agreed between us), of copies of such notices, reports and communications to all owners of ADSs or otherwise make
them available to owners of ADSs in a manner that we specify as substantially equivalent to the manner in which those communications are made available to holders of ordinary shares and compliant with the requirements of any securities exchange on
which the ADSs are listed. We will timely provide the depositary with the quantity of such notices, reports, and communications, as requested by the depositary from time to time, in order for the depositary to effect that dissemination. The
depositary will disseminate to any owner of ADSs upon its request a copy of our most recent annual report, to the extent the Company has supplied copies of that report to the depositary for that purpose. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Changes Affecting Deposited Securities </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Upon any change in par value, <FONT STYLE="white-space:nowrap">split-up,</FONT> consolidation or any other reclassification of deposited
securities, or upon any recapitalization, reorganization, merger or consolidation or sale of assets affecting is or to which we are a party, or upon the redemption or cancellation by us of the deposited securities, any securities, cash or property
which shall be received by the depositary or a custodian in exchange for, in conversion of, in lieu of or in respect of deposited securities, shall be treated as new deposited securities under the Deposit Agreement, and ADSs shall thenceforth
represent, in addition to the existing deposited securities, the right to receive the new deposited securities so received, unless additional ADSs are delivered pursuant to the following sentence. In any such case the depositary may, and shall, if
we so request in writing, deliver additional ADSs as in the case of a dividend in ordinary shares, or call for the surrender of outstanding ADRs to be exchanged for new ADRs specifically describing such new deposited securities. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Your Right to Transfer ADSs or Receive the Shares Underlying Your ADRs </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ADS holders will have the right to transfer or cancel their ADSs and withdraw the underlying shares at any time except: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">when temporary delays arise because: (i)&nbsp;the depositary has closed its transfer books or we have closed our
transfer books; (ii)&nbsp;the transfer of shares is blocked to permit voting at a shareholders&#8217; meeting or (iii)&nbsp;we are paying a dividend on our shares; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">when you owe money to pay fees, taxes and similar charges; or </P></TD></TR></TABLE>
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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
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<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">when it is necessary to prohibit withdrawals in order to comply with any laws or governmental regulations that
apply to ADSs or to the withdrawal of shares or other deposited securities. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">This right of withdrawal may
not be limited by any other provision of the Deposit Agreement. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Direct Registration System </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In the Deposit Agreement, all parties to the Deposit Agreement acknowledge that the DRS and Profile Modification System
(&#8220;<B>Profile</B>&#8221;) will apply to uncertificated ADSs upon acceptance thereof to DRS by DTC. DRS is the system administered by DTC pursuant to which the depositary may register the ownership of uncertificated ADSs, which ownership shall
be evidenced by periodic statements sent by the depositary to the registered holders of uncertificated ADSs. Profile is a required feature of DRS which allows a DTC participant, claiming to act on behalf of a registered holder of ADSs, to direct the
depositary to register a transfer of those ADSs to DTC or its nominee and to deliver those ADSs to the DTC account of that DTC participant without receipt by the depositary of prior authorization from the ADS holder to register that transfer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In connection with and in accordance with the arrangements and procedures relating to DRS/Profile, the parties to the Deposit Agreement
understand that the depositary will not verify, determine or otherwise ascertain that the DTC participant which is claiming to be acting on behalf of an ADS holder in requesting registration of transfer and delivery described in the paragraph above
has the actual authority to act on behalf of the ADS holder (notwithstanding any requirements under the Uniform Commercial Code). In the Deposit Agreement, the parties will agree that the depositary&#8217;s reliance on and compliance with
instructions received by the depositary through the DRS/Profile and in accordance with the Deposit Agreement shall not constitute negligence or bad faith on the part of the depositary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Shareholder Communications; Inspection of Register of Holders of ADSs by Owners </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The depositary will make available for the owners&#8217; inspection at its office all communications that it receives from us as a holder of
deposited securities that we make generally available to the owners of deposited securities. The depositary will send the owners copies of those communications if we ask it to. The owners have a right to inspect the register of holders of ADSs, but
not for the purpose of contacting those holders about a matter unrelated to our business or the ADSs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-103- </P>

</DIV></Center>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>3
<FILENAME>d65314dex121.htm
<DESCRIPTION>EX-12.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-12.1</TITLE>
</HEAD>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 12.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Michel Doukeris, certify that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">I have reviewed this annual report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> of Anheuser-Busch InBev
SA/NV (the &#8220;<B>Company</B>&#8221;); </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules <FONT STYLE="white-space:nowrap">13a-15(e)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(e))</FONT> and internal control over financial reporting (as defined in Exchange Act Rules <FONT
STYLE="white-space:nowrap">13a-15(f)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(f))</FONT> for the Company and have: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being
prepared; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Company&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of
internal control over financial reporting, to the Company&#8217;s auditors and the audit committee of the Company&#8217;s Board of Directors (or persons performing the equivalent functions): </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Any fraud, whether or not material, that involves management or other employees who have a significant role in
the Company&#8217;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="44%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="5%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: 3&nbsp;March 2026</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Michel Doukeris</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Michel Doukeris</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chief Executive Officer</TD></TR>
</TABLE>
</DIV></Center>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>4
<FILENAME>d65314dex122.htm
<DESCRIPTION>EX-12.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-12.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 12.2 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Fernando Tennenbaum, certify that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">I have reviewed this annual report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> of Anheuser-Busch InBev
SA/NV (the &#8220;<B>Company</B>&#8221;); </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, the financial statements, and other financial information included in this report,
fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules <FONT STYLE="white-space:nowrap">13a-15(e)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(e))</FONT> and internal control over financial reporting (as defined in Exchange Act Rules <FONT
STYLE="white-space:nowrap">13a-15(f)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(f))</FONT> for the Company and have: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being
prepared; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Company&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of
internal control over financial reporting, to the Company&#8217;s auditors and the audit committee of the Company&#8217;s Board of Directors (or persons performing the equivalent functions): </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Any fraud, whether or not material, that involves management or other employees who have a significant role in
the Company&#8217;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="44%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="5%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: 3&nbsp;March 2026</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Fernando Tennenbaum</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Fernando Tennenbaum</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chief Financial Officer</TD></TR>
</TABLE>
</DIV></Center>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.1
<SEQUENCE>5
<FILENAME>d65314dex131.htm
<DESCRIPTION>EX-13.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-13.1</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 13.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act of 2002 (subsections (a)&nbsp;and (b) of Section&nbsp;1350, Chapter 63 of Title 18, United States
Code), each undersigned officer of Anheuser-Busch InBev SA/NV (the &#8220;<B>Company</B>&#8221;), hereby certifies, to such officer&#8217;s knowledge, that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Annual Report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> for the year ended 31&nbsp;December 2025 (the &#8220;<B>Form <FONT
STYLE="white-space:nowrap">20-F</FONT></B>&#8221;) of the Company fully complies with the requirements of Section&nbsp;13(a) or Section&nbsp;15(d), as applicable, of the Securities Exchange Act of 1934 and information contained in the Form <FONT
STYLE="white-space:nowrap">20-F</FONT> fairly presents, in all material respects, the financial condition and results of operations of the Company. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="44%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom"></TD>
<TD WIDTH="5%"></TD>

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<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: 3&nbsp;March 2026</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Michel Doukeris</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Michel Doukeris</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chief Executive Officer</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: 3&nbsp;March 2026</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Fernando Tennenbaum</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Fernando Tennenbaum</TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chief Financial Officer</TD></TR>
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<TYPE>EX-15.1
<SEQUENCE>6
<FILENAME>d65314dex151.htm
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<TITLE>EX-15.1</TITLE>
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 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 15.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g65314g0227081230490.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We hereby consent to the incorporation by reference in the Registration Statement on Form <FONT STYLE="white-space:nowrap">F-3</FONT> (No. <FONT
STYLE="white-space:nowrap">333-277873)</FONT> and Registration Statements on Form <FONT STYLE="white-space:nowrap">S-8</FONT> (Nos. <FONT STYLE="white-space:nowrap">333-268582,</FONT> <FONT STYLE="white-space:nowrap">333-250930,</FONT> <FONT
STYLE="white-space:nowrap">333-237367,</FONT> <FONT STYLE="white-space:nowrap">333-231556,</FONT> <FONT STYLE="white-space:nowrap">333-227335,</FONT> <FONT STYLE="white-space:nowrap">333-172069,</FONT>
<FONT STYLE="white-space:nowrap">333-171231,</FONT> <FONT STYLE="white-space:nowrap">333-169272,</FONT> <FONT STYLE="white-space:nowrap">333-165566,</FONT> <FONT STYLE="white-space:nowrap">333-165065,</FONT>
<FONT STYLE="white-space:nowrap">333-178664,</FONT> <FONT STYLE="white-space:nowrap">333-188517,</FONT> <FONT STYLE="white-space:nowrap">333-192806,</FONT> <FONT STYLE="white-space:nowrap">333-201386,</FONT>
<FONT STYLE="white-space:nowrap">333-208634</FONT> and <FONT STYLE="white-space:nowrap">333-221808)</FONT> of Anheuser-Busch InBev NV/SA of our report dated 3&nbsp;March 2026 relating to the financial statements and the effectiveness of internal
control over financial reporting, which appears in this Form <FONT STYLE="white-space:nowrap">20-F.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Diegem, Belgium, 3&nbsp;March 2026 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">PwC Bedrijfsrevisoren BV / PwC Reviseurs d&#8217;Entreprises SRL </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Represented by </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">/s/ Peter D&#8217;hondt </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Statutory Auditor </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">PwC Bedrijfsrevisoren BV - PwC Reviseurs
d&#8217;Entreprises SRL - Financial Assurance Services </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Maatschappelijke zetel/Si&egrave;ge social: Culliganlaan 5,
<FONT STYLE="white-space:nowrap">B-1831</FONT> Diegem </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">T: +32 (0)2 710 4211, F: +32 (0)2 710 4299, www.pwc.com </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">BTW/TVA BE 0429.501.944 / RPR Brussel - RPM Bruxelles / ING BE43 3101 3811 9501 - BIC BBRUBEBB / BELFIUS BE92 0689 0408 8123 - BIC GKCC BEBB </P>
</DIV></Center>

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<DOCUMENT>
<TYPE>EX-17
<SEQUENCE>7
<FILENAME>d65314dex17.htm
<DESCRIPTION>EX-17
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<HTML><HEAD>
<TITLE>EX-17</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 17 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Guarantors and Issuers of Guaranteed Securities </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Each of the following securities issued by Anheuser-Busch InBev Worldwide Inc., a wholly owned subsidiary of Anheuser-Busch InBev SA/NV, is fully and
unconditionally guaranteed by Anheuser-Busch InBev SA/NV and jointly and severally guaranteed by Anheuser-Busch InBev Finance Inc., Anheuser-Busch Companies, LLC, Brandbrew S.A., Brandbev S.&agrave; r.l. and Cobrew NV, each wholly owned subsidiaries
of Anheuser-Busch InBev SA/NV, on a full and unconditional basis: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>6.375% Notes due 2040 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>8.200% Notes due 2039 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>3.750% Notes due 2042 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.950% Notes due 2042 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>6.625% Notes due 2033 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>5.875% Notes due 2035 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.439% Notes due 2048 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.375% Notes due 2038 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.600% Notes due 2048 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.750% Notes due 2058 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.750% Notes due 2029 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.900% Notes due 2031 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>5.450% Notes due 2039 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>5.550% Notes due 2049 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>5.800% Notes due 2059 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>3.500% Notes due 2030 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.350% Notes due 2040 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.500% Notes due 2050 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.600% Notes due 2060 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>5.000% Notes due 2034 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Each of the following securities
issued by Anheuser-Busch InBev Finance Inc., a wholly owned subsidiary of Anheuser-Busch InBev SA/NV, is fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV and jointly and severally guaranteed by Anheuser-Busch InBev Worldwide Inc.,
Anheuser-Busch Companies, LLC, Brandbrew S.A., Brandbev S.&agrave; r.l. and Cobrew NV, each wholly owned subsidiaries of Anheuser-Busch InBev SA/NV, on a full and unconditional basis: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.000% Notes due 2043 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.625% Notes due 2044 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.700% Notes due 2036 (issued January 2016) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.900%
Notes due 2046 (issued January 2016) </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Each of the following securities <FONT STYLE="white-space:nowrap">co-issued</FONT> by Anheuser-Busch InBev
Worldwide Inc. and Anheuser-Busch Companies, LLC, each wholly owned subsidiaries of Anheuser-Busch InBev SA/NV, is fully and unconditionally guaranteed by Anheuser-Busch InBev SA/NV and jointly and severally guaranteed by Anheuser-Busch InBev
Finance Inc., Brandbrew S.A., Brandbev S.&agrave; r.l. and Cobrew NV, each wholly owned subsidiaries of Anheuser-Busch InBev SA/NV, on a full and unconditional basis: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.700% Notes due 2036 (issued May 2019) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>4.900% Notes
due 2046 (issued May 2019) </B></P>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/IncomeTaxes" id="IncomeTaxes">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/PropertyPlantAndEquipment" id="PropertyPlantAndEquipment">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/Goodwill" id="Goodwill">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/IntangibleAssets" id="IntangibleAssets">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/InvestmentsInAssociates" id="InvestmentsInAssociates">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/DeferredTaxAssetsAndLiabilities" id="DeferredTaxAssetsAndLiabilities">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/Inventories" id="Inventories">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/TradeAndOtherReceivables" id="TradeAndOtherReceivables">
        <link:definition>999020 - Disclosure - Trade and other receivables</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/CashAndCashEquivalentsAndInvestmentSecurities" id="CashAndCashEquivalentsAndInvestmentSecurities">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/ChangesInEquityAndEarningsPerShare" id="ChangesInEquityAndEarningsPerShare">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/InterestBearingLoansAndBorrowings" id="InterestBearingLoansAndBorrowings">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/PensionsAndSimilarObligations" id="PensionsAndSimilarObligations">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/ShareBasedPayments" id="ShareBasedPayments">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/Provisions" id="Provisions">
        <link:definition>999026 - Disclosure - Provisions</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/TradeAndOtherPayables" id="TradeAndOtherPayables">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/RisksArisingFromFinancialInstruments" id="RisksArisingFromFinancialInstruments">
        <link:definition>999028 - Disclosure - Risks arising from financial instruments</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/CollateralAndContractualCommitmentsForTheAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOther" id="CollateralAndContractualCommitmentsForTheAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOther">
        <link:definition>999029 - Disclosure - Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/Contingencies" id="Contingencies">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/RelatedParties" id="RelatedParties">
        <link:definition>999032 - Disclosure - Related parties</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SupplementalGuarantorFinancialInformation" id="SupplementalGuarantorFinancialInformation">
        <link:definition>999033 - Disclosure - Supplemental guarantor financial information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/EventsAfterTheReportingDate" id="EventsAfterTheReportingDate">
        <link:definition>999034 - Disclosure - Events after the reporting date</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/AbInbevCompanies" id="AbInbevCompanies">
        <link:definition>999035 - Disclosure - AB InBev companies</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SummaryOfSignificantAccountingPoliciesPolicies" id="SummaryOfSignificantAccountingPoliciesPolicies">
        <link:definition>999036 - Disclosure - Summary of significant accounting policies (Policies)</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SummaryOfSignificantAccountingPoliciesTables" id="SummaryOfSignificantAccountingPoliciesTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SegmentReportingTables" id="SegmentReportingTables">
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      <link:roleType roleURI="http://www.ab-inbev.com/role/OtherOperatingIncomeExpensesTables" id="OtherOperatingIncomeExpensesTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/AdditionalInformationOnOperatingExpensesByNatureTables" id="AdditionalInformationOnOperatingExpensesByNatureTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/FinanceExpenseAndIncomeTables" id="FinanceExpenseAndIncomeTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/IncomeTaxesTables" id="IncomeTaxesTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/PropertyPlantAndEquipmentTables" id="PropertyPlantAndEquipmentTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/GoodwillTables" id="GoodwillTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/DeferredTaxAssetsAndLiabilitiesTables" id="DeferredTaxAssetsAndLiabilitiesTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/PensionsAndSimilarObligationsTables" id="PensionsAndSimilarObligationsTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/TradeAndOtherPayablesTables" id="TradeAndOtherPayablesTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/RisksArisingFromFinancialInstrumentsTables" id="RisksArisingFromFinancialInstrumentsTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/CollateralAndContractualCommitmentsForTheAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherTables" id="CollateralAndContractualCommitmentsForTheAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherTables">
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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        <link:usedOn>link:definitionLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/AbInbevCompaniesTables" id="AbInbevCompaniesTables">
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      <link:roleType roleURI="http://www.ab-inbev.com/role/CorporateInformationAdditionalInformationDetail" id="CorporateInformationAdditionalInformationDetail">
        <link:definition>999066 - Disclosure - Corporate Information - Additional Information (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SummaryOfSignificantAccountingPoliciesSummaryOfExchangeRatesDetail" id="SummaryOfSignificantAccountingPoliciesSummaryOfExchangeRatesDetail">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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        <link:definition>999069 - Disclosure - Summary of Significant Accounting Policies - Summary of Estimated Useful Live of Assets Expected Utility (Detail)</link:definition>
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        <link:usedOn>link:definitionLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
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      <link:roleType roleURI="http://www.ab-inbev.com/role/SegmentReportingAdditionalInformationDetail" id="SegmentReportingAdditionalInformationDetail">
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        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
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          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" use="optional" order="6" weight="-1" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" use="optional" order="7" weight="1" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" use="optional" order="8" weight="1" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-full_ProfitLoss" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="loc_ifrs-full_ProfitLoss" use="optional" order="9" weight="1" />
        </link:calculationLink>
        <link:calculationLink xlink:type="extended" xlink:role="http://www.ab-inbev.com/role/ConsolidatedStatementOfComprehensiveIncomeLossAlternate1" >
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-full_ComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" use="optional" order="10" weight="1" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" use="optional" order="11" weight="1" />
        </link:calculationLink>
        <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link" >
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_CoverAbstract" xml:lang="en-US">Cover [Abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentInformationTable" xml:lang="en-US">Document Information [Table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xml:lang="en-US">Classes of share capital [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xml:lang="en-US">Classes of share capital [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain" xlink:label="loc_ifrs-full_ClassesOfShareCapitalDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xml:lang="en-US">Classes of share capital [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xml:lang="en-US">Classes of share capital [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OrdinarySharesMember" xlink:label="loc_ifrs-full_OrdinarySharesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OrdinarySharesMember" xml:lang="en-US">Ordinary shares [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OrdinarySharesMember" xml:lang="en-US">Ordinary shares [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" xlink:label="loc_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" xml:lang="en-US">American Depositary Shares Each Representing One Ordinary Share Without Nominal Value [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" xml:lang="en-US">American Depositary Shares, each representing one ordinary share without nominal value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" xlink:to="lab_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" xml:lang="en-US">American depositary shares, each representing one ordinary share without nominal value.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" xlink:label="loc_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" xml:lang="en-US">Three Point Seven Five Zero Percent Due On Twenty Forty Two Issued July Twelve [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" xml:lang="en-US">3.750% Notes due 2042 (issued July 2012)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" xlink:to="lab_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" xml:lang="en-US">Three point seven five zero percent due on twenty forty two issued july twelve.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" xlink:label="loc_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" xml:lang="en-US">Four Point Zero Zero Zero Percent Due On Twenty Forty Three Issued January Twenty Thirteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" xml:lang="en-US">4.000% Notes due 2043 (issued January 2013)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" xlink:to="lab_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" xml:lang="en-US">Four point zero zero zero percent due on twenty forty three issued january twenty thirteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" xlink:label="loc_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" xml:lang="en-US">Four Point Six Two Five Percent Due On Twenty Forty Four Issued January Twenty Fourteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" xml:lang="en-US">4.625% Notes due 2044 (issued January 2014)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" xlink:to="lab_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" xml:lang="en-US">Four point six two five percent due on twenty forty four Issued january twenty fourteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" xlink:label="loc_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">Four Point Seven Zero Zero Percent Due On Twenty Thirty Six Issued January Twenty Sixteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">4.700% Notes due 2036 (issued January 2016)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" xlink:to="lab_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">Four point seven zero zero percent due on twenty thirty six issued january twenty sixteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" xlink:label="loc_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">Four Point Zero Zero Percent Due On Twenty Forty Six Issued January Twenty Sixteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">4.900% Notes due 2046 (issued January 2016)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" xlink:to="lab_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" xml:lang="en-US">Four point zero zero percent due on twenty forty six issued january twenty sixteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" xlink:label="loc_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" xml:lang="en-US">Four Point Nine Five Zero Percent Due On Twenty Forty Two Issued December Twenty Sixteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" xml:lang="en-US">4.950% Notes due 2042 (issued December 2016)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" xlink:to="lab_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" xml:lang="en-US">Four point nine five zero percent due on twenty forty two issued december twenty sixteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" xlink:label="loc_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" xml:lang="en-US">Six Point Six Two Five Percent Due On Twenty Thirty Three Issued December Twenty Sixteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" xml:lang="en-US">6.625% Notes due 2033 (issued December 2016)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" xlink:to="lab_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" xml:lang="en-US">Six point six two five percent due on twenty thirty three issued december twenty sixteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" xlink:label="loc_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" xml:lang="en-US">Five Point Eight Seven Five Percent Due On Twenty Thirty Five Issued December Twenty Sixteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" xml:lang="en-US">5.875% Notes due 2035 (issued December 2016)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" xlink:to="lab_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" xml:lang="en-US">Five point eight seven five percent due on twenty thirty five issued december twenty sixteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" xlink:label="loc_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four Point Three Seven Five Due On Twenty Thirty Eight Issued April Twenty Eighteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">4.375% Notes due 2038 (issued April 2018)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" xlink:to="lab_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four point three seven five due on twenty thirty eight issued april twenty eighteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" xlink:label="loc_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four Point Six Zero Zero Percent Due On Twenty Forty Eight Issued April Twenty Eighteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">4.600% Notes due 2048 (issued April 2018)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" xlink:to="lab_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four point six zero zero percent due on twenty forty eight issued april twenty eighteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" xlink:label="loc_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four Point Seven Five Zero Percent Due on Twenty Fifty Eight Issued April Twenty Eighteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">4.750% Notes due 2058 (issued April 2018)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" xlink:to="lab_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" xml:lang="en-US">Four point seven five zero percent due on twenty fifty eight issued april twenty eighteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" xlink:label="loc_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Four Point Seven Five Zero Due On Twenty Twenty Nine Issued January Twenty Nineteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">4.750% Notes due 2029 (issued January 2019)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" xlink:to="lab_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Four point seven five zero due on twenty twenty nine issued january twenty nineteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" xlink:label="loc_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Four Point Nine Zero Zero Percent Due On Twenty Thirty One Issued January Twenty Nineteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">4.900% Notes due 2031 (issued January 2019)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" xlink:to="lab_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Four point nine zero zero percent due on twenty thirty one issued january twenty nineteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" xlink:label="loc_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five Point Four Five Zero Percent Due On Twenty Thirty Nine Issued January Twenty Nineteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">5.450% Notes due 2039 (issued January 2019)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" xlink:to="lab_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five point four five zero percent due on twenty thirty nine issued january twenty nineteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" xlink:label="loc_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five Point Five Five Zero Percent Due On Twenty Forty Nine issued january twenty nineteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">5.550% Notes due 2049 (issued January 2019)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" xlink:to="lab_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five point five five zero percent due on twenty forty nine issued january twenty nineteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" xlink:label="loc_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five Point Eight Zero Zero Percent Due On Twenty Fifty Nine Issued January Twenty Nineteen [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">5.800% Notes due 2059 (issued January 2019)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" xlink:to="lab_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" xml:lang="en-US">Five point eight zero zero percent due on twenty fifty nine issued january twenty nineteen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" xlink:label="loc_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Three Point Five Zero Zero Percent Notes Due on Twenty Thirty Issued April Twenty Twenty [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">3.500% Notes due 2030 (issued April 2020)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" xlink:to="lab_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Three Point Five Zero Zero Percent Notes Due on Twenty Thirty Issued April Twenty Twenty.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" xlink:label="loc_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point Three Five Zero Percent Notes Due on Twenty fourty Issued April Twenty Twenty [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">4.350% Notes due 2040 (issued April 2020)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" xlink:to="lab_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point Three Five Zero Percent Notes Due on Twenty fourty Issued April Twenty Twenty.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" xlink:label="loc_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point Five Zero Zero Percent Notes Due on Twenty fifty Issued April Twenty Twenty [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" xml:lang="en-US">4.500% Notes due 2050 (issued April 2020)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" xlink:to="lab_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point Five Zero Zero Percent Notes Due on Twenty fifty Issued April Twenty Twenty.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" xlink:label="loc_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point SIx Zero Zero Percent Notes Due on Twenty sixty Issued April Twenty Twenty [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">4.600% Notes due 2060 (issued April 2020)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" xlink:to="lab_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" xml:lang="en-US">Four Point SIx Zero Zero Percent Notes Due on Twenty sixty Issued April Twenty Twenty.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" xlink:label="loc_bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" xml:lang="en-US">Five Point Zero Zero Zero Percent Notes Due On Twenty Thirty Four Issued March Twenty Twenty Four [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" xml:lang="en-US">5.000% Notes due 2034 (issued March 2024)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" xlink:to="lab_bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentInformationLineItems" xml:lang="en-US">Document Information [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentType" xml:lang="en-US">Document Type</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_DocumentType" xml:lang="en-US">Document Type</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AmendmentFlag" xml:lang="en-US">Amendment Flag</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_AmendmentFlag" xml:lang="en-US">Amendment Flag</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentPeriodEndDate" xml:lang="en-US">Document Period End Date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_DocumentPeriodEndDate" xml:lang="en-US">Document Period End Date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentFiscalYearFocus" xml:lang="en-US">Document Fiscal Year Focus</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_DocumentFiscalYearFocus" xml:lang="en-US">Document Fiscal Year Focus</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xml:lang="en-US">Document Fiscal Period Focus</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xml:lang="en-US">Document Fiscal Period Focus</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_TradingSymbol" xml:lang="en-US">Trading Symbol</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_TradingSymbol" xml:lang="en-US">Trading Symbol</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityRegistrantName" xml:lang="en-US">Entity Registrant Name</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityRegistrantName" xml:lang="en-US">Entity Registrant Name</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityCentralIndexKey" xml:lang="en-US">Entity Central Index Key</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityCentralIndexKey" xml:lang="en-US">Entity Central Index Key</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_CurrentFiscalYearEndDate" xml:lang="en-US">Current Fiscal Year End Date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_CurrentFiscalYearEndDate" xml:lang="en-US">Current Fiscal Year End Date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_dei_EntityCurrentReportingStatus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityCurrentReportingStatus" xml:lang="en-US">Entity Current Reporting Status</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityCurrentReportingStatus" xml:lang="en-US">Entity Current Reporting Status</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus" xlink:to="lab_dei_EntityCurrentReportingStatus" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityFilerCategory" xml:lang="en-US">Entity Filer Category</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityFilerCategory" xml:lang="en-US">Entity Filer Category</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory" xlink:to="lab_dei_EntityFilerCategory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityEmergingGrowthCompany" xml:lang="en-US">Entity Emerging Growth Company</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityEmergingGrowthCompany" xml:lang="en-US">Entity Emerging Growth Company</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="loc_dei_EntityShellCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityShellCompany" xml:lang="en-US">Entity Shell Company</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityShellCompany" xml:lang="en-US">Entity Shell Company</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany" xlink:to="lab_dei_EntityShellCompany" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding" xlink:to="lab_dei_EntityCommonStockSharesOutstanding" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_Security12bTitle" xml:lang="en-US">Title of 12(b) Security</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_SecurityExchangeName" xml:lang="en-US">Security Exchange Name</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="loc_dei_DocumentAnnualReport" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentAnnualReport" xml:lang="en-US">Document Annual Report</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="loc_dei_DocumentTransitionReport" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentTransitionReport" xml:lang="en-US">Document Transition Report</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentTransitionReport" xlink:to="lab_dei_DocumentTransitionReport" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_dei_DocumentShellCompanyReport" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentShellCompanyReport" xml:lang="en-US">Document Shell Company Report</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentShellCompanyReport" xlink:to="lab_dei_DocumentShellCompanyReport" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_dei_EntityVoluntaryFilers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityVoluntaryFilers" xml:lang="en-US">Entity Voluntary Filers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers" xlink:to="lab_dei_EntityVoluntaryFilers" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_dei_EntityInteractiveDataCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityInteractiveDataCurrent" xml:lang="en-US">Entity Interactive Data Current</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInteractiveDataCurrent" xlink:to="lab_dei_EntityInteractiveDataCurrent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="loc_dei_EntityAddressCountry" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressCountry" xml:lang="en-US">Entity Address, Country</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_dei_DocumentRegistrationStatement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentRegistrationStatement" xml:lang="en-US">Document Registration Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentRegistrationStatement" xlink:to="lab_dei_DocumentRegistrationStatement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="loc_dei_IcfrAuditorAttestationFlag" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_IcfrAuditorAttestationFlag" xlink:to="lab_dei_IcfrAuditorAttestationFlag" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityFileNumber" xml:lang="en-US">Entity File Number</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityFileNumber" xml:lang="en-US">Entity File Number</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_dei_NoTradingSymbolFlag" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_NoTradingSymbolFlag" xml:lang="en-US">No Trading Symbol Flag</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_NoTradingSymbolFlag" xlink:to="lab_dei_NoTradingSymbolFlag" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="loc_dei_DocumentAccountingStandard" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentAccountingStandard" xml:lang="en-US">Document Accounting Standard</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAccountingStandard" xlink:to="lab_dei_DocumentAccountingStandard" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelName" xlink:label="loc_dei_ContactPersonnelName" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_ContactPersonnelName" xml:lang="en-US">Contact Personnel Name</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelName" xlink:to="lab_dei_ContactPersonnelName" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressAddressLine1" xml:lang="en-US">Entity Address, Address Line One</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressCityOrTown" xml:lang="en-US">Entity Address, City or Town</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_CityAreaCode" xml:lang="en-US">City Area Code</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_LocalPhoneNumber" xml:lang="en-US">Local Phone Number</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressPostalZipCode" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName" xlink:label="loc_dei_AuditorName" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AuditorName" xml:lang="en-US">Auditor Name</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorName" xlink:to="lab_dei_AuditorName" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId" xlink:label="loc_dei_AuditorFirmId" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AuditorFirmId" xml:lang="en-US">Auditor Firm ID</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorFirmId" xlink:to="lab_dei_AuditorFirmId" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation" xlink:label="loc_dei_AuditorLocation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AuditorLocation" xml:lang="en-US">Auditor Location</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorLocation" xlink:to="lab_dei_AuditorLocation" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="lab_dei_DocumentFinStmtErrorCorrectionFlag" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AddressTypeDomain" xlink:label="loc_dei_AddressTypeDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AddressTypeDomain" xml:lang="en-US">Address Type [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_BusinessContactMember" xlink:label="loc_dei_BusinessContactMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_BusinessContactMember" xml:lang="en-US">Business Contact [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_BusinessContactMember" xml:lang="en-US">Business Contact [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_BusinessContactMember" xlink:to="lab_dei_BusinessContactMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="loc_ifrs-full_IncomeStatementAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xml:lang="en-US">Profit or loss [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeStatementAbstract" xlink:to="lab_ifrs-full_IncomeStatementAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalIncomeExpenseAboveProfitFromOperations" xlink:label="loc_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" xml:lang="en-US">Exceptional Income Expense Above Profit from Operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" xml:lang="en-US">Exceptional income/(expense) above profit from operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" xlink:to="lab_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalIncomeExpenseAboveProfitFromOperations" xml:lang="en-US">Exceptional income expense above profit from operations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitLossFromContinuingOperationsAttributableToAbstract" xlink:label="loc_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" xml:lang="en-US">Profit loss from continuing operations attributable to [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" xml:lang="en-US">Profit of the period attributable to:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" xlink:to="lab_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToAbstract" xml:lang="en-US">Profit loss from continuing operations attributable to.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" xlink:label="loc_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" xml:lang="en-US">Profit (Loss) from continuing operations attributable to owners of parent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" xml:lang="en-US">Equity holders of AB InBev</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" xlink:to="lab_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent" xml:lang="en-US">The amount of profit (loss) from continuing operations attributable to owners of the parent.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xml:lang="en-US">Profit (loss) from continuing operations attributable to non-controlling interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xml:lang="en-US">Non-controlling interest</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-full_Revenue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Revenue" xml:lang="en-US">Revenue</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_Revenue" xml:lang="en-US">Revenue</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Revenue" xml:lang="en-US">Net revenue</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-full_CostOfSales" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CostOfSales" xml:lang="en-US">Cost of sales</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_CostOfSales" xml:lang="en-US">Cost of sales</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CostOfSales" xml:lang="en-US">Cost of inventories sales</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfSales" xlink:to="lab_ifrs-full_CostOfSales" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-full_GrossProfit" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GrossProfit" xml:lang="en-US">Gross profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_GrossProfit" xml:lang="en-US">Gross profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GrossProfit" xml:lang="en-US">Gross profit</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossProfit" xlink:to="lab_ifrs-full_GrossProfit" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DistributionCosts" xlink:label="loc_ifrs-full_DistributionCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DistributionCosts" xml:lang="en-US">Distribution costs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DistributionCosts" xml:lang="en-US">Distribution expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DistributionCosts" xlink:to="lab_ifrs-full_DistributionCosts" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-full_SalesAndMarketingExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xml:lang="en-US">Sales and marketing expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xml:lang="en-US">Sales and marketing expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SalesAndMarketingExpense" xlink:to="lab_ifrs-full_SalesAndMarketingExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-full_AdministrativeExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdministrativeExpense" xml:lang="en-US">Administrative expenses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_AdministrativeExpense" xml:lang="en-US">Administrative expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdministrativeExpense" xlink:to="lab_ifrs-full_AdministrativeExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-full_OtherOperatingIncomeExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xml:lang="en-US">Other operating income (expense)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xml:lang="en-US">Other operating income/(expenses)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xml:lang="en-US">Other operating income/(expenses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherOperatingIncomeExpense" xlink:to="lab_ifrs-full_OtherOperatingIncomeExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="en-US">Profit (loss) from operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="en-US">Profit from operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="en-US">Profit from operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="en-US">Profit/(loss) from operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:to="lab_ifrs-full_ProfitLossFromOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceCosts" xlink:label="loc_ifrs-full_FinanceCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinanceCosts" xml:lang="en-US">Finance costs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_FinanceCosts" xml:lang="en-US">Finance expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts" xlink:to="lab_ifrs-full_FinanceCosts" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceIncome" xlink:label="loc_ifrs-full_FinanceIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinanceIncome" xml:lang="en-US">Finance income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinanceIncome" xml:lang="en-US">Finance income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceIncome" xlink:to="lab_ifrs-full_FinanceIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceIncomeCost" xlink:label="loc_ifrs-full_FinanceIncomeCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinanceIncomeCost" xml:lang="en-US">Finance income (cost)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_FinanceIncomeCost" xml:lang="en-US">Net finance income/(expense)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinanceIncomeCost" xml:lang="en-US">Net finance income/(expense)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinanceIncomeCost" xml:lang="en-US">Net finance income/(expense)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceIncomeCost" xlink:to="lab_ifrs-full_FinanceIncomeCost" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Share of profit (loss) of associates accounted for using equity method</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Share of results of associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Deduct share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xml:lang="en-US">Profit (loss) before tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xml:lang="en-US">Profit before tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="lab_ifrs-full_ProfitLossBeforeTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xml:lang="en-US">Tax expense (income)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xml:lang="en-US">Income tax expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xml:lang="en-US">Total tax expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-full_ProfitLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit (loss)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit of the period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit of the period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit of the period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Net income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/presentationGuidance" xlink:label="lab_ifrs-full_ProfitLoss" xml:lang="en-US">Profit of the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xml:lang="en-US">Basic earnings (loss) per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xml:lang="en-US">Basic earnings per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xml:lang="en-US">Basic EPS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xml:lang="en-US">Diluted earnings per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xml:lang="en-US">Diluted EPS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="loc_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Exceptional Share Of Profit Loss Of Associates Accounted For Using Equity Method</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Exceptional share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="lab_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xml:lang="en-US">Exceptional share Of profit Loss Of associates accounted for using equity method.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US">Other comprehensive income/(loss): items that may be reclassified subsequently to profit or loss:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xml:lang="en-US">Other comprehensive income, net of tax, exchange differences on translation</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xml:lang="en-US">Exchange differences on translation of foreign operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xml:lang="en-US">Other comprehensive income, net of tax, hedges of net investments in foreign operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xml:lang="en-US">Effective portion of changes in fair value of net investment hedges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xml:lang="en-US">Gains (losses) on cash flow hedges, net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xml:lang="en-US">Cash flow hedges recognized in equity</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xml:lang="en-US">Reclassification adjustments on cash flow hedges, net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xml:lang="en-US">Cash flow hedges reclassified from equity to profit or loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US">Other comprehensive income/(loss) that will be reclassified to profit or loss net of tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US">Other comprehensive income/(loss): items that will not be reclassified to profit or loss:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xml:lang="en-US">Re-measurements of post-employment benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US">Other comprehensive income/(loss) that will not be reclassified to profit or loss, net of tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xml:lang="en-US">Comprehensive income attributable to [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xml:lang="en-US">Attributable to:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US">Comprehensive income, attributable to owners of parent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US">Equity holders of AB InBev</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US">Equity holders</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US">Comprehensive income, attributable to non-controlling interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US">Non-controlling interest</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US">Non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xml:lang="en-US">Other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xml:lang="en-US">Other comprehensive income/(loss), net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xml:lang="en-US">Other comprehensive income/(loss)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xml:lang="en-US">Other comprehensive income (loss)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xml:lang="en-US">Other comprehensive income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-full_ComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComprehensiveIncome" xml:lang="en-US">Comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_ComprehensiveIncome" xml:lang="en-US">Total comprehensive income (loss)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ComprehensiveIncome" xml:lang="en-US">Total comprehensive income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xml:lang="en-US">Statement of financial position [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xml:lang="en-US">Summarized statement of financial position information</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract" xlink:label="loc_ifrs-full_AssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AssetsAbstract" xml:lang="en-US">Assets [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AssetsAbstract" xml:lang="en-US">ASSETS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="loc_ifrs-full_CurrentAssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xml:lang="en-US">Current assets [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xml:lang="en-US">Current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsAbstract" xlink:to="lab_ifrs-full_CurrentAssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentSecuritiesCurrent" xlink:label="loc_bud_InvestmentSecuritiesCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentSecuritiesCurrent" xml:lang="en-US">Investment securities current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_InvestmentSecuritiesCurrent" xml:lang="en-US">Investment securities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InvestmentSecuritiesCurrent" xml:lang="en-US">Current debt securities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentSecuritiesCurrent" xlink:to="lab_bud_InvestmentSecuritiesCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentSecuritiesCurrent" xml:lang="en-US">Investment securities current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Inventories" xlink:label="loc_ifrs-full_Inventories" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Inventories" xml:lang="en-US">Current inventories</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Inventories" xml:lang="en-US">Inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:label="loc_ifrs-full_CurrentTaxAssetsCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xml:lang="en-US">Current tax assets, current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xml:lang="en-US">Income tax receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsCurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsCurrent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xml:lang="en-US">Current derivative financial assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xml:lang="en-US">Derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xml:lang="en-US">Trade and other current receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xml:lang="en-US">Trade and other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-full_CashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xml:lang="en-US">Cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xml:lang="en-US">Cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xml:lang="en-US">Cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xml:lang="en-US">Cash and cash equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:label="loc_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xml:lang="en-US">Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xml:lang="en-US">Assets classified as held for sale</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="lab_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-full_CurrentAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentAssets" xml:lang="en-US">Current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CurrentAssets" xml:lang="en-US">Total current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentAssets" xml:lang="en-US">Current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CurrentAssets" xml:lang="en-US">Total current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="loc_ifrs-full_NoncurrentAssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xml:lang="en-US">Non-current assets [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xml:lang="en-US">Non-current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:to="lab_ifrs-full_NoncurrentAssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Property plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Ending balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US">Carrying amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Goodwill" xlink:label="loc_ifrs-full_Goodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Goodwill" xml:lang="en-US">Goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Goodwill" xml:lang="en-US">Goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_Goodwill" xml:lang="en-US">Goodwill beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_Goodwill" xml:lang="en-US">Goodwill ending balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_Goodwill" xml:lang="en-US">Carrying amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Goodwill" xlink:to="lab_ifrs-full_Goodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Intangible assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Balance at end of previous year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Balance at end of period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Carrying amount of intangible assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsInAssociates" xlink:label="loc_ifrs-full_InvestmentsInAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InvestmentsInAssociates" xml:lang="en-US">Investments in associates reported in separate financial statements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_InvestmentsInAssociates" xml:lang="en-US">Investments in associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_InvestmentsInAssociates" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_InvestmentsInAssociates" xml:lang="en-US">Ending balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InvestmentsInAssociates" xml:lang="en-US">Investment in associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsInAssociates" xlink:to="lab_ifrs-full_InvestmentsInAssociates" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentSecuritiesNonCurrent" xlink:label="loc_bud_InvestmentSecuritiesNonCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentSecuritiesNonCurrent" xml:lang="en-US">Investment securities non current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InvestmentSecuritiesNonCurrent" xml:lang="en-US">Investment securities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_InvestmentSecuritiesNonCurrent" xml:lang="en-US">Non-current investments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentSecuritiesNonCurrent" xlink:to="lab_bud_InvestmentSecuritiesNonCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentSecuritiesNonCurrent" xml:lang="en-US">Investment securities non current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssets" xlink:label="loc_ifrs-full_DeferredTaxAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxAssets" xml:lang="en-US">Deferred tax assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_DeferredTaxAssets" xml:lang="en-US">Deferred tax assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DeferredTaxAssets" xml:lang="en-US">Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xlink:label="loc_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xml:lang="en-US">Non-current net defined benefit asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xml:lang="en-US">Pensions and similar obligations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xml:lang="en-US">Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xlink:to="lab_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsNoncurrent" xlink:label="loc_ifrs-full_CurrentTaxAssetsNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xml:lang="en-US">Current tax assets, non-current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xml:lang="en-US">Income tax receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsNoncurrent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xml:lang="en-US">Non-current derivative financial assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xml:lang="en-US">Derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentReceivables" xlink:label="loc_ifrs-full_NoncurrentReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentReceivables" xml:lang="en-US">Trade and other non-current receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentReceivables" xml:lang="en-US">Trade and other receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_NoncurrentReceivables" xml:lang="en-US">Non-current trade and other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentReceivables" xlink:to="lab_ifrs-full_NoncurrentReceivables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-full_NoncurrentAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Non-current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Total non-current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Non current Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Segment assets (non-current)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Non-current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/presentationGuidance" xlink:label="lab_ifrs-full_NoncurrentAssets" xml:lang="en-US">Total non-current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="lab_ifrs-full_NoncurrentAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-full_Assets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Assets" xml:lang="en-US">Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_Assets" xml:lang="en-US">Total assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xml:lang="en-US">EQUITY AND LIABILITIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="loc_ifrs-full_CurrentLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xml:lang="en-US">Current liabilities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xml:lang="en-US">Current liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_CurrentLiabilitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BankOverdraft" xlink:label="loc_bud_BankOverdraft" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BankOverdraft" xml:lang="en-US">Bank overdraft</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BankOverdraft" xml:lang="en-US">Bank overdrafts</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BankOverdraft" xlink:to="lab_bud_BankOverdraft" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BankOverdraft" xml:lang="en-US">Bank overdraft</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterestBearingLoansAndBorrowingsCurrent" xlink:label="loc_bud_InterestBearingLoansAndBorrowingsCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsCurrent" xml:lang="en-US">Interest bearing loans and borrowings current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsCurrent" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterestBearingLoansAndBorrowingsCurrent" xlink:to="lab_bud_InterestBearingLoansAndBorrowingsCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsCurrent" xml:lang="en-US">Interest bearing loans and borrowings current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xml:lang="en-US">Current tax liabilities, current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xml:lang="en-US">Income tax payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xml:lang="en-US">Current derivative financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xml:lang="en-US">Derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xml:lang="en-US">Trade and other current payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xml:lang="en-US">Trade and other payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xml:lang="en-US">Current trade and other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentProvisions" xlink:label="loc_ifrs-full_CurrentProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentProvisions" xml:lang="en-US">Current provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentProvisions" xml:lang="en-US">Provisions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentProvisions" xlink:to="lab_ifrs-full_CurrentProvisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-full_CurrentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentLiabilities" xml:lang="en-US">Current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CurrentLiabilities" xml:lang="en-US">Total current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_CurrentLiabilities" xml:lang="en-US">Current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentLiabilities" xml:lang="en-US">Current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CurrentLiabilities" xml:lang="en-US">Total current liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAbstract" xlink:label="loc_ifrs-full_EquityAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityAbstract" xml:lang="en-US">Equity [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityAbstract" xml:lang="en-US">Equity</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapital" xlink:label="loc_ifrs-full_IssuedCapital" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IssuedCapital" xml:lang="en-US">Issued capital</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IssuedCapital" xml:lang="en-US">Issued capital</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_IssuedCapital" xml:lang="en-US">At the end of the previous year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_IssuedCapital" xml:lang="en-US">At the end of the current year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharePremium" xlink:label="loc_ifrs-full_SharePremium" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SharePremium" xml:lang="en-US">Share premium</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SharePremium" xml:lang="en-US">Share premium</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SharePremium" xlink:to="lab_ifrs-full_SharePremium" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Reserves" xlink:label="loc_bud_Reserves" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Reserves" xml:lang="en-US">Reserves</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Reserves" xml:lang="en-US">Reserves</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Reserves" xlink:to="lab_bud_Reserves" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Reserves" xml:lang="en-US">Reserves</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarnings" xlink:label="loc_ifrs-full_RetainedEarnings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RetainedEarnings" xml:lang="en-US">Retained earnings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_RetainedEarnings" xml:lang="en-US">Retained earnings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarnings" xlink:to="lab_ifrs-full_RetainedEarnings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="en-US">Equity attributable to owners of parent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="en-US">Equity attributable to equity holders of AB InBev</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="en-US">Equity attributable to equity holders</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterests" xlink:label="loc_ifrs-full_NoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncontrollingInterests" xml:lang="en-US">Non-controlling interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncontrollingInterests" xml:lang="en-US">Non-controlling&#160;interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_NoncontrollingInterests" xml:lang="en-US">Non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterests" xlink:to="lab_ifrs-full_NoncontrollingInterests" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-full_Equity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Equity" xml:lang="en-US">Equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_Equity" xml:lang="en-US">Total equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_Equity" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_Equity" xml:lang="en-US">Ending balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_Equity" xml:lang="en-US">Total equity</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="loc_ifrs-full_NoncurrentLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xml:lang="en-US">Non-current liabilities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xml:lang="en-US">Non-current liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_NoncurrentLiabilitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterestBearingLoansAndBorrowingsNoncurrent" xlink:label="loc_bud_InterestBearingLoansAndBorrowingsNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsNoncurrent" xml:lang="en-US">Interest bearing loans and borrowings noncurrent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsNoncurrent" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterestBearingLoansAndBorrowingsNoncurrent" xlink:to="lab_bud_InterestBearingLoansAndBorrowingsNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsNoncurrent" xml:lang="en-US">Interest bearing loans and borrowings noncurrent.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:label="loc_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xml:lang="en-US">Non-current net defined benefit liability</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xml:lang="en-US">Pensions and similar obligations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xml:lang="en-US">Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:to="lab_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xml:lang="en-US">Deferred tax liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xml:lang="en-US">Deferred tax liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xml:lang="en-US">Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xml:lang="en-US">Current tax liabilities, non-current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xml:lang="en-US">Income tax payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xml:lang="en-US">Non-current derivative financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xml:lang="en-US">Derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPayables" xlink:label="loc_ifrs-full_NoncurrentPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentPayables" xml:lang="en-US">Trade and other non-current payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentPayables" xml:lang="en-US">Trade and other payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_NoncurrentPayables" xml:lang="en-US">Non-current trade and other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPayables" xlink:to="lab_ifrs-full_NoncurrentPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentProvisions" xlink:label="loc_ifrs-full_NoncurrentProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentProvisions" xml:lang="en-US">Non-current provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentProvisions" xml:lang="en-US">Provisions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentProvisions" xlink:to="lab_ifrs-full_NoncurrentProvisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-full_NoncurrentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xml:lang="en-US">Non-current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xml:lang="en-US">Total&#160;non-current&#160;liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xml:lang="en-US">Non-current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xml:lang="en-US">Non-current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xml:lang="en-US">Total&#160;non-current&#160;liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities" xlink:to="lab_ifrs-full_NoncurrentLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-full_EquityAndLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityAndLiabilities" xml:lang="en-US">Equity and liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_EquityAndLiabilities" xml:lang="en-US">Total equity and liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xml:lang="en-US">Statement of changes in equity [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xml:lang="en-US">Statement of changes in equity [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xml:lang="en-US">Components of equity [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xml:lang="en-US">Components of equity [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xml:lang="en-US">Components of equity [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember" xlink:label="loc_ifrs-full_IssuedCapitalMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IssuedCapitalMember" xml:lang="en-US">Issued capital [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IssuedCapitalMember" xml:lang="en-US">Issued capital [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharePremiumMember" xlink:label="loc_ifrs-full_SharePremiumMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SharePremiumMember" xml:lang="en-US">Share premium [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SharePremiumMember" xml:lang="en-US">Share premium [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SharePremiumMember" xlink:to="lab_ifrs-full_SharePremiumMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasurySharesMember" xlink:label="loc_ifrs-full_TreasurySharesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TreasurySharesMember" xml:lang="en-US">Treasury shares [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TreasurySharesMember" xml:lang="en-US">Treasury shares [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasurySharesMember" xlink:to="lab_ifrs-full_TreasurySharesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReserveMember" xlink:label="loc_bud_ReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReserveMember" xml:lang="en-US">Reserves [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ReserveMember" xml:lang="en-US">Reserves [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReserveMember" xlink:to="lab_bud_ReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReserveMember" xml:lang="en-US">Reserves.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="loc_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xml:lang="en-US">Reserve of gains and losses on financial assets measured at fair value through other comprehensive income [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xml:lang="en-US">OCI reserves [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember" xlink:label="loc_ifrs-full_RetainedEarningsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RetainedEarningsMember" xml:lang="en-US">Retained earnings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RetainedEarningsMember" xml:lang="en-US">Retained earnings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xml:lang="en-US">Equity attributable to owners of parent [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xml:lang="en-US">Equity attributable to owners of parent [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="loc_ifrs-full_NoncontrollingInterestsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xml:lang="en-US">Non-controlling interests [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xml:lang="en-US">Non-controlling interest [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestsMember" xlink:to="lab_ifrs-full_NoncontrollingInterestsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid" xlink:label="loc_ifrs-full_DividendsPaid" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsPaid" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DividendsPaid" xml:lang="en-US">Dividends</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="lab_ifrs-full_DividendsPaid" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xml:lang="en-US">Increase (decrease) through treasury share transactions, equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xml:lang="en-US">Treasury shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xml:lang="en-US">Changes during the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xml:lang="en-US">Share-based payments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseThroughHyperinflationAdjustments" xlink:label="loc_bud_IncreaseDecreaseThroughHyperinflationAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseThroughHyperinflationAdjustments" xml:lang="en-US">Increase (decrease) through hyperinflation adjustments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseThroughHyperinflationAdjustments" xml:lang="en-US">Hyperinflation monetary adjustments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseThroughHyperinflationAdjustments" xlink:to="lab_bud_IncreaseDecreaseThroughHyperinflationAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseThroughHyperinflationAdjustments" xml:lang="en-US">Increase (decrease) through hyperinflation adjustments</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xml:lang="en-US">Increase (decrease) through other changes, equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xml:lang="en-US">Scope and other changes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xml:lang="en-US">Summarized cash flow information</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xml:lang="en-US">FINANCING ACTIVITIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:label="loc_ifrs-full_ProceedsFromNoncurrentBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xml:lang="en-US">Proceeds from non-current borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xml:lang="en-US">Proceeds from borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xml:lang="en-US">Proceeds from borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xml:lang="en-US">Repayments of non-current borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xml:lang="en-US">Repayments of borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xml:lang="en-US">Repayments of borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="en-US">Dividends paid</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="en-US">Cash flow from/(used in) financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="en-US">Cash flow from financing activities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US">Payment of lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xml:lang="en-US">Other inflows (outflows) of cash, classified as financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xml:lang="en-US">Other financing cash flows</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SaleAcquisitionOfNoncontrollingInterests" xlink:label="loc_bud_SaleAcquisitionOfNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SaleAcquisitionOfNoncontrollingInterests" xml:lang="en-US">Sale(acquisition) of Noncontrolling Interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_SaleAcquisitionOfNoncontrollingInterests" xml:lang="en-US">Sale/(acquisition) of non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SaleAcquisitionOfNoncontrollingInterests" xlink:to="lab_bud_SaleAcquisitionOfNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SaleAcquisitionOfNoncontrollingInterests" xml:lang="en-US">Sale/(acquisition) of non-controlling interests.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CashInflowOutflowOnDerivativeFinancialInstruments" xlink:label="loc_bud_CashInflowOutflowOnDerivativeFinancialInstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CashInflowOutflowOnDerivativeFinancialInstruments" xml:lang="en-US">Cash Inflow (outflow) on Derivative Financial Instruments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CashInflowOutflowOnDerivativeFinancialInstruments" xml:lang="en-US">Derivative financial instruments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CashInflowOutflowOnDerivativeFinancialInstruments" xlink:to="lab_bud_CashInflowOutflowOnDerivativeFinancialInstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CashInflowOutflowOnDerivativeFinancialInstruments" xml:lang="en-US">Cash inflow (outflow) on Derivative financial instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:label="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xml:lang="en-US">Payments to acquire or redeem entity's shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xml:lang="en-US">Share buyback</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US">Acquisition of property, plant and equipment and of intangible assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US">Proceeds from sale of property, plant and equipment and of intangible assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" xlink:label="loc_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" xml:lang="en-US">Proceeds From Acquisition Other Long Term Assets Classified As Investing Activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" xml:lang="en-US">Proceeds from sale/(acquisition) of other assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" xlink:to="lab_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities" xml:lang="en-US">Proceeds from acquisition other Long term assets classified as investing activities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US">Cash flow from/(used in) investing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US">Cash flow from investing activities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="loc_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="en-US">Cash Flows From Used In Losing Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="en-US">Sale/(acquisition) of subsidiaries, net of cash</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="en-US">Cash flows from used in losing obtaining control of subsidiaries or other businesses classified as investing activities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xml:lang="en-US">OPERATING ACTIVITIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="loc_ifrs-full_ProfitLossFromContinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xml:lang="en-US">Profit (loss) from continuing operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xml:lang="en-US">Profit of the period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xml:lang="en-US">Profit (loss)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/presentationGuidance" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xml:lang="en-US">Profit/(loss)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromContinuingOperations" xlink:to="lab_ifrs-full_ProfitLossFromContinuingOperations" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xml:lang="en-US">Adjustments for depreciation and amortisation expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xml:lang="en-US">Depreciation, amortization and impairment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:label="loc_ifrs-full_AdjustmentsForFinanceIncomeCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForFinanceIncomeCost" xml:lang="en-US">Adjustments for finance income (cost)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_AdjustmentsForFinanceIncomeCost" xml:lang="en-US">Net finance (income)/expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:to="lab_ifrs-full_AdjustmentsForFinanceIncomeCost" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="loc_ifrs-full_AdjustmentsForSharebasedPayments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForSharebasedPayments" xml:lang="en-US">Adjustments for share-based payments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForSharebasedPayments" xml:lang="en-US">Equity-settled share-based payment expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="lab_ifrs-full_AdjustmentsForSharebasedPayments" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:label="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xml:lang="en-US">Adjustments for income tax expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xml:lang="en-US">Income tax expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:label="loc_ifrs-full_OtherAdjustmentsForNoncashItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xml:lang="en-US">Other adjustments for non-cash items</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xml:lang="en-US">Other non-cash items</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="lab_ifrs-full_OtherAdjustmentsForNoncashItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xml:lang="en-US">Adjustments for undistributed profits of associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xml:lang="en-US">Share of result of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:to="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xml:lang="en-US">Cash flows from (used in) operations before changes in working capital</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xml:lang="en-US">Cash flow from operating activities before changes in working capital and use of provisions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xml:lang="en-US">Adjustments for decrease (increase) in trade and other receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xml:lang="en-US">Decrease/(increase) in trade and other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xml:lang="en-US">Adjustments for decrease (increase) in inventories</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xml:lang="en-US">Decrease/(increase) in inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xml:lang="en-US">Adjustments for increase (decrease) in trade and other payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xml:lang="en-US">Increase/(decrease) in trade and other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsForPensionContributionsAndUseOfProvisions" xlink:label="loc_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" xml:lang="en-US">Adjustments For Pension Contributions And Use Of Provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" xml:lang="en-US">Pension contributions and use of provisions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" xlink:to="lab_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsForPensionContributionsAndUseOfProvisions" xml:lang="en-US">Adjustments For Pension Contributions And Use Of Provisions</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperations" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperations" xml:lang="en-US">Cash flows from (used in) operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperations" xml:lang="en-US">Cash generated from operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperations" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xml:lang="en-US">Interest paid, classified as operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xml:lang="en-US">Interest paid</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xml:lang="en-US">Interest received, classified as operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xml:lang="en-US">Interest received</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xml:lang="en-US">Dividends received, classified as operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xml:lang="en-US">Dividends received</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xml:lang="en-US">Income taxes paid, classified as operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xml:lang="en-US">Income tax paid</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US">Cash flow from/(used in) operating activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US">Cash flow from operating activities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xml:lang="en-US">Net increase/(decrease) in cash and cash equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="loc_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xml:lang="en-US">Cash and cash equivalents if different from statement of financial position</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xml:lang="en-US">Cash and cash equivalents less bank overdrafts at beginning of year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xml:lang="en-US">Cash and cash equivalents less bank overdrafts at end of period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xml:lang="en-US">Cash and cash equivalents in the statement of cash flows</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xml:lang="en-US">Effect of exchange rate fluctuations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TextBlock1Abstract" xlink:label="loc_bud_TextBlock1Abstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TextBlock1Abstract" xml:lang="en-US">Text Block1 [Abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TextBlock1Abstract" xlink:to="lab_bud_TextBlock1Abstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TextBlock1Abstract" xml:lang="en-US">Text block [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCorporateInformationExplanatory" xlink:label="loc_bud_DisclosureOfCorporateInformationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCorporateInformationExplanatory" xml:lang="en-US">Disclosure of Corporate Information [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCorporateInformationExplanatory" xml:lang="en-US">Corporate information</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCorporateInformationExplanatory" xlink:to="lab_bud_DisclosureOfCorporateInformationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCorporateInformationExplanatory" xml:lang="en-US">The entire disclosure of corporate information.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfStatementOfComplianceExplanatory" xlink:label="loc_bud_DisclosureOfStatementOfComplianceExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfStatementOfComplianceExplanatory" xml:lang="en-US">Disclosure of statement of compliance[text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfStatementOfComplianceExplanatory" xml:lang="en-US">Statement of compliance</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfStatementOfComplianceExplanatory" xlink:to="lab_bud_DisclosureOfStatementOfComplianceExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfStatementOfComplianceExplanatory" xml:lang="en-US">The entire disclosure of statement of compliance.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:label="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xml:lang="en-US">Disclosure of material accounting policy information [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xml:lang="en-US">Summary of significant accounting policies</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" xlink:label="loc_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" xml:lang="en-US">Disclosure Of Use Of Estimates And Judgments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" xml:lang="en-US">Use of estimates and judgments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" xlink:to="lab_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory" xml:lang="en-US">The entire disclosure about the use of estimate and judgements.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xml:lang="en-US">Disclosure of entity's operating segments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xml:lang="en-US">Segment reporting</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xml:lang="en-US">Acquisitions and disposals of subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xml:lang="en-US">Disclosure of other operating income (expense) [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xml:lang="en-US">Other operating income/(expenses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExceptionalItemsExplanatory" xlink:label="loc_bud_DisclosureOfExceptionalItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExceptionalItemsExplanatory" xml:lang="en-US">Disclosure of Exceptional Items [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExceptionalItemsExplanatory" xml:lang="en-US">Exceptional items</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExceptionalItemsExplanatory" xlink:to="lab_bud_DisclosureOfExceptionalItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExceptionalItemsExplanatory" xml:lang="en-US">The entire disclosure of exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" xlink:label="loc_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" xml:lang="en-US">Disclosure of payroll and related benefits explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" xml:lang="en-US">Payroll and related benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" xlink:to="lab_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory" xml:lang="en-US">The entire disclosure for payroll and related benefits.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOperatingExpenseByNatureExplanatory" xlink:label="loc_bud_DisclosureOfOperatingExpenseByNatureExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOperatingExpenseByNatureExplanatory" xml:lang="en-US">Disclosure of operating expense by nature [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOperatingExpenseByNatureExplanatory" xml:lang="en-US">Additional information on operating expenses by nature</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOperatingExpenseByNatureExplanatory" xlink:to="lab_bud_DisclosureOfOperatingExpenseByNatureExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOperatingExpenseByNatureExplanatory" xml:lang="en-US">The entire disclosure of operating expenses by nature.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:label="loc_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xml:lang="en-US">Disclosure of finance income (cost) [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xml:lang="en-US">Finance expense and income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xml:lang="en-US">Disclosure of income tax [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xml:lang="en-US">Income taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">Property, plant and equipment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGoodwillExplanatory" xlink:label="loc_ifrs-full_DisclosureOfGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfGoodwillExplanatory" xml:lang="en-US">Disclosure of goodwill [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfGoodwillExplanatory" xml:lang="en-US">Goodwill</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGoodwillExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGoodwillExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xml:lang="en-US">Disclosure of intangible assets [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xml:lang="en-US">Intangible assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" xlink:label="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" xml:lang="en-US">Investments accounted for using equity method [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" xlink:to="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xml:lang="en-US">Disclosure of associates [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xml:lang="en-US">Investments in associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" xlink:label="loc_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" xml:lang="en-US">Disclosure of deferred tax assets and liabilities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" xml:lang="en-US">Deferred tax assets and liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" xlink:to="lab_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory" xml:lang="en-US">The disclosure of deferred tax assets and liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInventoriesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xml:lang="en-US">Disclosure of inventories [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xml:lang="en-US">Inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInventoriesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Disclosure of trade and other receivables [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Trade and other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xml:lang="en-US">Disclosure of cash and cash equivalents [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xml:lang="en-US">Cash and cash equivalents and investment securities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" xlink:label="loc_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" xml:lang="en-US">Disclosure of changes in equity and earnings per share [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" xml:lang="en-US">Changes in equity and earnings per share</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" xlink:to="lab_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfChangesInEquityAndEarningsPerShareExplanatory" xml:lang="en-US">The entire disclosure of changes in equity and earnings per share.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xml:lang="en-US">Disclosure of borrowings [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xml:lang="en-US">Disclosure of employee benefits [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xml:lang="en-US">Pensions and similar obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xml:lang="en-US">Disclosure of share-based payment arrangements [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xml:lang="en-US">Share-based payments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProvisionsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfProvisionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xml:lang="en-US">Disclosure of provisions [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xml:lang="en-US">Provisions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfProvisionsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xml:lang="en-US">Disclosure of trade and other payables [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xml:lang="en-US">Trade and other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfRiskArisingFromFinancialInstruments" xlink:label="loc_bud_DisclosureOfRiskArisingFromFinancialInstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfRiskArisingFromFinancialInstruments" xml:lang="en-US">Disclosure of risk arising from financial instruments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfRiskArisingFromFinancialInstruments" xml:lang="en-US">Risks arising from financial instruments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfRiskArisingFromFinancialInstruments" xlink:to="lab_bud_DisclosureOfRiskArisingFromFinancialInstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfRiskArisingFromFinancialInstruments" xml:lang="en-US">The entire disclosure for risk arising from financial instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" xlink:label="loc_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" xml:lang="en-US">Disclosure of collateral and contractual commitments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" xml:lang="en-US">Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" xlink:to="lab_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsExplanatory" xml:lang="en-US">Disclosure of collateral and contractual commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xml:lang="en-US">Disclosure of contingent liabilities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xml:lang="en-US">Contingencies</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xml:lang="en-US">Disclosure of non-controlling interests [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xml:lang="en-US">Non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xml:lang="en-US">Disclosure of related party [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xml:lang="en-US">Related parties</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSupplementalGuarantorInformationExplanatory" xlink:label="loc_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" xml:lang="en-US">Disclosure Of Supplemental Guarantor Information [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" xml:lang="en-US">Supplemental guarantor financial information</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" xlink:to="lab_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationExplanatory" xml:lang="en-US">The entire disclosure of supplemental guarantor information.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xml:lang="en-US">Events after the reporting date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xml:lang="en-US">Disclosure of interests in other entities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xml:lang="en-US">AB InBev companies</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" xml:lang="en-US">Description of accounting policy for basis of preparation and measurement [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" xml:lang="en-US">BASIS OF PREPARATION AND MEASUREMENT</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory" xml:lang="en-US">The description of the entity's accounting policy for basis of preparation and measurement.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" xml:lang="en-US">Description Of Accounting Policy For Functional And Presentation Currency [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" xml:lang="en-US">FUNCTIONAL AND PRESENTATION CURRENCY</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory" xml:lang="en-US">The description of accounting policy for functional and presentation currency.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" xml:lang="en-US">Description of accounting policy for principles of consolidation [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" xml:lang="en-US">PRINCIPLES OF CONSOLIDATION</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory" xml:lang="en-US">The description of accounting policy for principles of consolidation.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" xml:lang="en-US">Description of accounting policy for summary of changes in accounting policies [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" xml:lang="en-US">SUMMARY OF CHANGES IN ACCOUNTING POLICIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory" xml:lang="en-US">The description of the entity's accounting policy for summary of changes in accounting policies.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xml:lang="en-US">Description of accounting policy for foreign currency translation [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xml:lang="en-US">FOREIGN CURRENCIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xml:lang="en-US">Description of accounting policy for intangible assets other than goodwill [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xml:lang="en-US">INTANGIBLE ASSETS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xml:lang="en-US">Description of accounting policy for business combinations [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xml:lang="en-US">BUSINESS COMBINATIONS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xml:lang="en-US">Description of accounting policy for goodwill [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xml:lang="en-US">GOODWILL</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xml:lang="en-US">LEASES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xml:lang="en-US">Description of accounting policy for measuring inventories [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xml:lang="en-US">INVENTORIES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Description of accounting policy for trade and other receivables [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xml:lang="en-US">TRADE AND OTHER RECEIVABLES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xml:lang="en-US">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xml:lang="en-US">CASH AND CASH EQUIVALENTS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xml:lang="en-US">Description of accounting policy for impairment of assets [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xml:lang="en-US">IMPAIRMENT</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xml:lang="en-US">Description of accounting policy for fair value measurement [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xml:lang="en-US">FAIR VALUE MEASUREMENT</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xml:lang="en-US">Description Of Accounting Policy For Share Capital [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xml:lang="en-US">SHARE CAPITAL</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory" xml:lang="en-US">The description of accounting policy for share capital.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xml:lang="en-US">Description of accounting policy for provisions [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xml:lang="en-US">PROVISIONS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xml:lang="en-US">Description of accounting policy for employee benefits [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xml:lang="en-US">PENSION AND SIMILAR OBLIGATIONS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xml:lang="en-US">Description of accounting policy for share-based payment transactions [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xml:lang="en-US">SHARE-BASED PAYMENTS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" xml:lang="en-US">Description of accounting policy for interest bearing loans and borrowings [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" xml:lang="en-US">INTEREST-BEARING LOANS AND BORROWINGS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory" xml:lang="en-US">The description of accounting policy for interest bearing loans and borrowings.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xml:lang="en-US">Description of accounting policy for trade and other payables [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xml:lang="en-US">TRADE AND OTHER PAYABLES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xml:lang="en-US">Description of accounting policy for income tax [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xml:lang="en-US">INCOME TAX</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xml:lang="en-US">Description of accounting policy for recognition of revenue [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xml:lang="en-US">INCOME RECOGNITION</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" xml:lang="en-US">Description of accounting policy for expenses [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" xml:lang="en-US">EXPENSES</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xml:lang="en-US">Description of accounting policy for derivative financial instruments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xml:lang="en-US">FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xml:lang="en-US">Description of accounting policy for segment reporting [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xml:lang="en-US">SEGMENT REPORTING</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" xml:lang="en-US">Description Of Accounting Policy For Nonrecurring Items [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" xml:lang="en-US">EXCEPTIONAL ITEMS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory" xml:lang="en-US">Description of accounting policy for nonrecurring items.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" xml:lang="en-US">Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" xml:lang="en-US">DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" xlink:label="loc_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" xml:lang="en-US">Description of accounting policy for recently issued IFRS [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" xml:lang="en-US">RECENTLY ISSUED IFRS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" xlink:to="lab_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory" xml:lang="en-US">The description of the entity's accounting policy for recently issued IFRS.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExchangeRatesExplanatory" xlink:label="loc_bud_DisclosureOfExchangeRatesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExchangeRatesExplanatory" xml:lang="en-US">Disclosure Of Exchange Rates Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExchangeRatesExplanatory" xml:lang="en-US">Summary of Exchange Rates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExchangeRatesExplanatory" xlink:to="lab_bud_DisclosureOfExchangeRatesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExchangeRatesExplanatory" xml:lang="en-US">The disclosure of exchange rates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" xlink:label="loc_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" xml:lang="en-US">Disclosure of estimated useful lives of assets [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" xml:lang="en-US">Summary of Estimated Useful Live of Assets Expected Utility</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" xlink:to="lab_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory" xml:lang="en-US">Disclosure of estimated useful lives of assets [text block]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xml:lang="en-US">Disclosure of operating segments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xml:lang="en-US">Summary of Segment Reporting</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Operating Other Operating Income Expenses [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" xml:lang="en-US">Summary of Other Operating Income/(Expenses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory" xml:lang="en-US">Disclosure of detailed information about operating other operating income expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" xlink:label="loc_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" xml:lang="en-US">Disclosure Of Components Of Exceptional Items Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" xml:lang="en-US">Summary of Exceptional Items Included in Income Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" xlink:to="lab_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfComponentsOfExceptionalItemsExplanatory" xml:lang="en-US">Disclosure of components of exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" xlink:label="loc_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" xml:lang="en-US">Disclosure Of Payroll and Related Employee Benefits Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" xml:lang="en-US">Summary of Payroll and Related Benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" xlink:to="lab_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory" xml:lang="en-US">Disclosure Of Payroll and Related Employee Benefits</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfNumberOfEmployeesExplanatory" xlink:label="loc_bud_DisclosureOfNumberOfEmployeesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfNumberOfEmployeesExplanatory" xml:lang="en-US">Disclosure Of Number Of Employees [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfNumberOfEmployeesExplanatory" xml:lang="en-US">Summary of Number of Full Time Equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfNumberOfEmployeesExplanatory" xlink:to="lab_bud_DisclosureOfNumberOfEmployeesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfNumberOfEmployeesExplanatory" xml:lang="en-US">Disclosure of number of employees.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" xlink:label="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" xml:lang="en-US">Disclosure of Depreciation, Amortization and Impairment Losses [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" xml:lang="en-US">Summary of Depreciation, Amortization and Impairment Charges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" xlink:to="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory" xml:lang="en-US">The disclosure of depreciation amortization and impairment losses.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xml:lang="en-US">Disclosure of interest income [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xml:lang="en-US">Summary of Interest Income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" xlink:label="loc_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" xml:lang="en-US">Disclosure of finance cost and income included in income statement explanatory [Text Block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" xml:lang="en-US">Summary of Finance Expense and Income Included in Income Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" xlink:to="lab_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock" xml:lang="en-US">Disclosure of finance cost and income included in income statement.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" xlink:label="loc_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" xml:lang="en-US">Disclosure Of Current And Deferred Tax Charge [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" xml:lang="en-US">Summary of Income Taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" xlink:to="lab_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCurrentAndDeferredTaxChargeExplanatory" xml:lang="en-US">Disclosure of current and deferred tax charge.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" xlink:label="loc_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" xml:lang="en-US">Disclosure Of Reconciliation Of Effective Tax Rate With Aggregated Weighted Nominal Tax Rate [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" xml:lang="en-US">Summary of Reconciliation of Effective Tax Rate with Aggregated Weighted Nominal Tax Rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" xlink:to="lab_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory" xml:lang="en-US">Disclosure Of Reconciliation Of Effective Tax Rate With Aggregated Weighted Nominal Tax Rate [text block]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" xlink:label="loc_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" xml:lang="en-US">Disclosure of detail information about of income tax recognized in other comprehensive income explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" xml:lang="en-US">Summary of Detail Information of Income Tax Recognized in Other Comprehensive Income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" xlink:to="lab_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory" xml:lang="en-US">Disclosure of detail information about of income tax recognized in other comprehensive income explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xml:lang="en-US">Summary of Property, Plant and Equipment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" xml:lang="en-US">Disclosure Of Detailed Information About Property Plant And Equipment Owned And Leased Assets Explanatory [Table Text Block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" xml:lang="en-US">Summary of Property, Plant and Equipment Owned and Leased Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock" xml:lang="en-US">Disclosure Of Detailed Information About Property Plant And Equipment Owned And Leased Assets Explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" xml:lang="en-US">Disclosure Of Detailed Information About Property Plant And Equipment Leased Explanatory [Table Text Block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" xml:lang="en-US">Summary of Property, Plant and Equipment Leased (right- of- use assets)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock" xml:lang="en-US">Disclosure Of Detailed Information About Property Plant And Equipment Leased Explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xml:lang="en-US">Reconciliation of Goodwill</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" xlink:label="loc_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" xml:lang="en-US">Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" xlink:to="lab_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [text block]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" xlink:label="loc_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" xml:lang="en-US">Disclosure Of Weighted Average Cost Of Capital [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" xml:lang="en-US">Summary of Weighted Average Cost of Capital</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" xlink:to="lab_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory" xml:lang="en-US">Disclosure of weighted average cost of capital.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xml:lang="en-US">Disclosure of detailed information about intangible assets [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xml:lang="en-US">Summary of Intangible Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [text block]</link:label>
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          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory" xlink:label="loc_bud_DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory" xml:lang="en-US">Disclosure Of Reconciliation Of Summarized Financial Information Of Associates And Joint Ventures [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory" xml:lang="en-US">Summarized Financial Information to Carrying Amount of Company's Interests in Material Associates</link:label>
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          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinancialInformationOfAssociatesExplanatory" xlink:to="lab_bud_DisclosureOfFinancialInformationOfAssociatesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinancialInformationOfAssociatesExplanatory" xml:lang="en-US">Disclosure Of Financial Information Of Associates Explanatory</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory" xlink:label="loc_bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory" xml:lang="en-US">Disclosure Of Effects Of Deferred Taxes On Assets And Liabilities Assigned As Of Temporary Differences Explanatory [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory" xml:lang="en-US">Summary of Deferred Tax Assets and Liabilities by Type of Temporary Difference</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory" xml:lang="en-US">Disclosure Of Effects Of Deferred Taxes On Assets And Liabilities Assigned As Of Temporary Differences Explanatory</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xml:lang="en-US">Summary of Change in Net Deferred Tax Assets and Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xml:lang="en-US">Disclosure of detailed information about inventories [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xml:lang="en-US">Summary of Inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutInventoriesExplanatory" xml:lang="en-US">The disclosure of detailed information about inventories.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Noncurrent Trade And Other Receivables [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Schedule of Non-Current Trade and Other Receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Disclosure of detailed information about noncurrent trade and other receivables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ScheduleOfTradeAndOtherReceivablesExplanatory" xlink:label="loc_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Schedule of Trade and Other Receivables Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Schedule of Trade Receivables and Other Receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" xlink:to="lab_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ScheduleOfTradeAndOtherReceivablesExplanatory" xml:lang="en-US">Schedule of trade and other receivables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" xml:lang="en-US">Disclosure of detailed information about cash and cash equivalents [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" xml:lang="en-US">Schedule of Cash and Cash Equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory" xml:lang="en-US">The disclosure of detailed information about cash and cash equivalents.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SummaryOfInvestmentsInShortTermDebtSecurities" xlink:label="loc_bud_SummaryOfInvestmentsInShortTermDebtSecurities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SummaryOfInvestmentsInShortTermDebtSecurities" xml:lang="en-US">Summary Of Investments In Short term Debt Securities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SummaryOfInvestmentsInShortTermDebtSecurities" xlink:to="lab_bud_SummaryOfInvestmentsInShortTermDebtSecurities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SummaryOfInvestmentsInShortTermDebtSecurities" xml:lang="en-US">Disclosure of investments in short-term debt securities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:label="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xml:lang="en-US">Disclosure of issued capital [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xml:lang="en-US">Summary of Changes in Issued Capital and Treasury Shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" xlink:label="loc_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" xml:lang="en-US">Disclosure of changes in other comprehensive income reserves [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" xml:lang="en-US">Summary of Changes in Other Comprehensive Income Reserves</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" xlink:to="lab_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory" xml:lang="en-US">The disclosure of information about changes in other comprehensive income reserves.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" xlink:label="loc_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" xml:lang="en-US">Disclosure of weighted average number of ordinary and restricted shares outstanding [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" xml:lang="en-US">Summary of Basic and Diluted Earnings Per Share</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" xlink:to="lab_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory" xml:lang="en-US">The disclosure of information about weighted average number of ordinary and restricted shares outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareExplanatory" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xml:lang="en-US">Earnings per share [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xml:lang="en-US">Summary of Calculation of EPS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xml:lang="en-US">Summary of Interest-bearing Loans and Borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailOfBondsIssuedExplanatory" xlink:label="loc_bud_DisclosureOfDetailOfBondsIssuedExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailOfBondsIssuedExplanatory" xml:lang="en-US">Disclosure Of detail of bonds issued Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailOfBondsIssuedExplanatory" xml:lang="en-US">Summary of Series of Bonds</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailOfBondsIssuedExplanatory" xlink:to="lab_bud_DisclosureOfDetailOfBondsIssuedExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailOfBondsIssuedExplanatory" xml:lang="en-US">The disclosure of detail of bonds issued.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" xlink:label="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" xml:lang="en-US">Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" xml:lang="en-US">Summary of Reconciliation of Net Debt</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" xlink:to="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory" xml:lang="en-US">Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt Explanatory</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xml:lang="en-US">Summary of Changes in the Company's Liabilities Arising from Financing Activities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailOfTenderOffersExplanatory" xlink:label="loc_bud_DisclosureOfDetailOfTenderOffersExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailOfTenderOffersExplanatory" xml:lang="en-US">Disclosure Of Detail Of Tender Offers Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailOfTenderOffersExplanatory" xml:lang="en-US">Summary of Tender Offers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailOfTenderOffersExplanatory" xlink:to="lab_bud_DisclosureOfDetailOfTenderOffersExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailOfTenderOffersExplanatory" xml:lang="en-US">The disclosure of detail of tender offers.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StatementsTable" xlink:label="loc_bud_StatementsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StatementsTable" xml:lang="en-US">Statements [Table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_StatementsTable" xml:lang="en-US">Statement [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StatementsTable" xlink:to="lab_bud_StatementsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_StatementsTable" xml:lang="en-US">Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders Equity and Other Comprehensive Income, or other statement as needed.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xml:lang="en-US">Net defined benefit liability (asset) [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xml:lang="en-US">Net defined benefit liability (asset) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StatementsLineItems" xlink:label="loc_bud_StatementsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StatementsLineItems" xml:lang="en-US">Statements [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_StatementsLineItems" xml:lang="en-US">Statement [LineItems]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StatementsLineItems" xlink:to="lab_bud_StatementsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_StatementsLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xml:lang="en-US">Disclosure of defined benefit plans [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xml:lang="en-US">Summary of Net Liability for Post-Employment and Long-Term Employee Benefit Plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:label="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xml:lang="en-US">Summary of Changes in Present Value of Defined Benefit Obligations and Changes in Fair Value of Plan Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" xlink:label="loc_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" xml:lang="en-US">Disclosure of changes in unrecognized assets of defined benefit plans [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" xml:lang="en-US">Summary of Changes in Unrecognized Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" xlink:to="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory" xml:lang="en-US">The disclosure of changes in unrecognized assets of defined benefit plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" xml:lang="en-US">Disclosure Of Detailed Information On Employee Benefits Expense [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" xml:lang="en-US">Summary of Employee Benefit Expense Recognized in Income Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory" xml:lang="en-US">The disclosure of detailed information on employee benefits expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" xml:lang="en-US">Disclosure of detailed information on employee benefit expense included in statement of income explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" xml:lang="en-US">Summary of Employee Benefit Expense Recognized in Income Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory" xml:lang="en-US">Disclosure of detailed information on employee benefit expense included in statement of income explanatory</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" xlink:label="loc_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" xml:lang="en-US">Disclosure of defined benefit obligation weighted average assumptions explanatory [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" xml:lang="en-US">Summary of Weighted Average Assumptions used in Computing Benefit Obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" xlink:to="lab_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory" xml:lang="en-US">Disclosure of defined benefit obligation weighted average assumptions explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xml:lang="en-US">Summary of Sensitivity Analysis of Defined Benefit Obligation for Weighted Principle Assumption</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xml:lang="en-US">Disclosure of fair value of plan assets [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xml:lang="en-US">Summary of Fair Value of Plan Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xml:lang="en-US">Categories of related parties [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xml:lang="en-US">Categories of related parties [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xml:lang="en-US">Categories of related parties [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xml:lang="en-US">Categories of related parties [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmbevMember" xlink:label="loc_bud_AmbevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmbevMember" xml:lang="en-US">Ambev [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmbevMember" xml:lang="en-US">Ambev [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AmbevMember" xml:lang="en-US">Ambev S.A.[member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmbevMember" xlink:to="lab_bud_AmbevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmbevMember" xml:lang="en-US">Ambev.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_LegalEntityAxis" xml:lang="en-US">Legal Entity [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_LegalEntityAxis" xml:lang="en-US">Legal Entity [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityDomain" xml:lang="en-US">Entity [Domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_dei_EntityDomain" xml:lang="en-US">Entity [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ABInBevMember" xlink:label="loc_bud_ABInBevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ABInBevMember" xml:lang="en-US">AB In Bev [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ABInBevMember" xml:lang="en-US">AB InBev [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ABInBevMember" xml:lang="en-US">AB inBev [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ABInBevMember" xlink:to="lab_bud_ABInBevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ABInBevMember" xml:lang="en-US">AB In Bev [Member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOptionsOutstandingExplanatory" xlink:label="loc_bud_DisclosureOfOptionsOutstandingExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOptionsOutstandingExplanatory" xml:lang="en-US">Disclosure of options outstanding [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOptionsOutstandingExplanatory" xml:lang="en-US">Summary of Number of Options Outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOptionsOutstandingExplanatory" xlink:to="lab_bud_DisclosureOfOptionsOutstandingExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOptionsOutstandingExplanatory" xml:lang="en-US">The disclosure of options outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" xlink:label="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" xml:lang="en-US">Disclosure options weighted average exercise price [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" xml:lang="en-US">Summary of Weighted Average Exercise Price of Options</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" xlink:to="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory" xml:lang="en-US">The disclosure of information about options weighted average exercise price.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" xlink:label="loc_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" xml:lang="en-US">Disclosure of number of other equity instruments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" xml:lang="en-US">Summary of Number of Outstanding Deferred and Restricted stock Units</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" xlink:to="lab_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory" xml:lang="en-US">Disclosure of number of other equity instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" />
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          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xml:lang="en-US">Disclosure of other provisions [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xml:lang="en-US">Summary of Provisions by Class</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" />
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          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xml:lang="en-US">Summary of Trade and Other Payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory" xml:lang="en-US">The disclosure of detailed information about trade and other payables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory" xlink:label="loc_bud_DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory" xml:lang="en-US">Disclosure of derivative financial instruments maturity analysis.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" xlink:label="loc_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" xml:lang="en-US">Disclosure of Foreign Currency Exchange Exposure Explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" xml:lang="en-US">Summary of Foreign Exchange Risk on Operating Activities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" xlink:to="lab_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory" xml:lang="en-US">Disclosure of foreign currency exchange exposure.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory" xml:lang="en-US">Disclosure of Detailed Information About Hedges and UnHedges Explanatory</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory" xml:lang="en-US">Disclosure of Detailed Information About Hedges and Un-Hedges Explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEffectiveTaxRateExplanatory" xlink:label="loc_bud_DisclosureOfEffectiveTaxRateExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEffectiveTaxRateExplanatory" xml:lang="en-US">Disclosure Of Effective Tax Rate [Text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEffectiveTaxRateExplanatory" xml:lang="en-US">Summary of Effective Interest Rates at Balance Sheet</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEffectiveTaxRateExplanatory" xml:lang="en-US">Disclosure of effective tax rate.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xml:lang="en-US">Disclosure of interest expense [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xml:lang="en-US">Summary of Interest Expense Recognized on Unhedged and Hedged Financial Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xml:lang="en-US">Disclosure of derivative financial instruments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xml:lang="en-US">Schedule of Commodity Derivatives Outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" xlink:label="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" xml:lang="en-US">Summary of Estimated Impact on Changes in the Price of Commodities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" xlink:to="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk explanatory.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xml:lang="en-US">Disclosure of credit risk exposure [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xml:lang="en-US">Summary of Carrying Amount of Financial Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xlink:label="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xml:lang="en-US">Summary of Allowance for Impairment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" xlink:to="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:label="loc_ifrs-full_DescriptionOfManagingLiquidityRisk" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfManagingLiquidityRisk" xml:lang="en-US">Disclosure of how entity manages liquidity risk [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfManagingLiquidityRisk" xml:lang="en-US">Summary of Nominal Contractual Maturities of Non-Derivative Financial Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfManagingLiquidityRisk" xlink:to="lab_ifrs-full_DescriptionOfManagingLiquidityRisk" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory" xlink:label="loc_bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory" xml:lang="en-US">Disclosure Of Fixed Rate Interest Bearing Financial Liabilities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory" xml:lang="en-US">Summary of Carrying Amount of Fixed Rate Interest-Bearing Financial Liabilities and Fair Value</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory" xml:lang="en-US">The disclosure of fixed rate interest bearing financial liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xml:lang="en-US">Analysis of Financial Instruments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xml:lang="en-US">Disclosure of detailed information about hedging instruments [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xml:lang="en-US">Summary of Hedging Reserve and Hedging Instruments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" xlink:label="loc_bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" xml:lang="en-US">Disclosure of Offsetting Financial Assets and Liabilities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" xml:lang="en-US">Summary of Offsetting Financial Assets and Liabilities</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory" xml:lang="en-US">Disclosure of offsetting financial assets and liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock" xlink:label="loc_bud_DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock" xml:lang="en-US">Disclosure Of Financial Assets And Financial Liabilities Explanatory [Table Text Block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock" xml:lang="en-US">Summary of Financial Assets And Financial Liabilities</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock" xml:lang="en-US">Disclosure of financial assets and financial liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" xlink:label="loc_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" xml:lang="en-US">Disclosure of collateral and contractual commitments for acquisition of property plant and equipment loans to customers and other [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" xml:lang="en-US">Summary of Collateral and Contractual Commitments for Acquisition of Property, Plant And Equipment, Loans to Customers and Other</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" xlink:to="lab_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory" xml:lang="en-US">The disclosure of collateral and contractual commitments for acquisition of property plant and equipment loans to customers and other.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" xml:lang="en-US">Summary of Ab Inbev's Material Tax Proceedings Related to Ambev and Its Subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [text block]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Non-controlling Interests [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" xml:lang="en-US">Summary of Financial Information of Material Non-Controlling Interest</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory" xml:lang="en-US">Disclosure Of Detailed Information About Non-controlling Interests [text block]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xml:lang="en-US">Disclosure of information about key management personnel [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xml:lang="en-US">Summary of Directors and Executive Board Management Compensation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTransactionsBetweenAssociateExplanatory" xlink:label="loc_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" xml:lang="en-US">Disclosure Of Transactions Between Associate [table text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" xml:lang="en-US">Summary of AB InBev's Transactions with Associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" xlink:to="lab_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTransactionsBetweenAssociateExplanatory" xml:lang="en-US">The tabular disclosure of transactions between associate.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" xlink:label="loc_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" xml:lang="en-US">Disclosure of condensed consolidating statement of profit or loss explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" xml:lang="en-US">Schedule of Condensed Consolidated Income Statement</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" xlink:to="lab_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory" xml:lang="en-US">The disclosure of condensed consolidating statement of profit or loss.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" xlink:label="loc_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" xml:lang="en-US">Disclosure of condensed consolidating statement of financial position explanatory</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" xml:lang="en-US">Schedule of Condensed Consolidated Statement of Financial Position</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" xlink:to="lab_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory" xml:lang="en-US">The disclosure of condensed consolidating statement of financial position.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" xml:lang="en-US">Disclosure of information about consolidated structured entities [text block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" xml:lang="en-US">Schedule of Name and Registered Office of Fully Consolidated Companies</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" xlink:label="loc_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" xml:lang="en-US">Summary of Name and Registered Office of Associates and Joint Ventures [Table Text Block]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" xml:lang="en-US">Summary of Name and Registered Office of Associates and Joint Ventures [Table Text Block]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" xlink:to="lab_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock" xml:lang="en-US">Summary of Name and Registered Office of Associates and Joint Ventures.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCorporateInformationAbstract" xlink:label="loc_bud_DisclosureOfCorporateInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCorporateInformationAbstract" xml:lang="en-US">Disclosure of corporate information [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCorporateInformationAbstract" xlink:to="lab_bud_DisclosureOfCorporateInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCorporateInformationAbstract" xml:lang="en-US">Disclosure of corporate information [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCorporateInformationTable" xlink:label="loc_bud_DisclosureOfCorporateInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCorporateInformationTable" xml:lang="en-US">Disclosure Of Corporate Information [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCorporateInformationTable" xml:lang="en-US">Disclosure Of Corporate Information [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCorporateInformationTable" xlink:to="lab_bud_DisclosureOfCorporateInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCorporateInformationTable" xml:lang="en-US">Disclosure Of Corporate Information [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCorporateInformationLineItems" xlink:label="loc_bud_DisclosureOfCorporateInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCorporateInformationLineItems" xml:lang="en-US">Disclosure Of Corporate Information [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCorporateInformationLineItems" xml:lang="en-US">Disclosure Of Corporate Information [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCorporateInformationLineItems" xlink:to="lab_bud_DisclosureOfCorporateInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCorporateInformationLineItems" xml:lang="en-US">Disclosure Of Corporate Information [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfBeerBrands" xlink:label="loc_bud_NumberOfBeerBrands" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfBeerBrands" xml:lang="en-US">Number of beer brands</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfBeerBrands" xml:lang="en-US">Number of beer brand</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfBeerBrands" xlink:to="lab_bud_NumberOfBeerBrands" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfBeerBrands" xml:lang="en-US">Number of beer brands.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BrewingHeritagePeriod" xlink:label="loc_bud_BrewingHeritagePeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BrewingHeritagePeriod" xml:lang="en-US">Brewing heritage period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BrewingHeritagePeriod" xml:lang="en-US">Brewing heritage periods</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BrewingHeritagePeriod" xlink:to="lab_bud_BrewingHeritagePeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BrewingHeritagePeriod" xml:lang="en-US">Brewing heritage period.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfEmployees" xlink:label="loc_ifrs-full_NumberOfEmployees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfEmployees" xml:lang="en-US">Number of employees</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NumberOfEmployees" xml:lang="en-US">Number of employees</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NumberOfEmployees" xml:lang="en-US">Total number of full time equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfEmployees" xlink:to="lab_ifrs-full_NumberOfEmployees" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfCountriesReportingEntityOperates" xlink:label="loc_bud_NumberOfCountriesReportingEntityOperates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfCountriesReportingEntityOperates" xml:lang="en-US">Number of countries reporting entity operates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfCountriesReportingEntityOperates" xml:lang="en-US">Number of countries where the entity operates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfCountriesReportingEntityOperates" xlink:to="lab_bud_NumberOfCountriesReportingEntityOperates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfCountriesReportingEntityOperates" xml:lang="en-US">Number of countries reporting entity operates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInBevMember" xlink:label="loc_bud_AnheuserBuschInBevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInBevMember" xml:lang="en-US">Anheuser-Busch In Bev SA/NV [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInBevMember" xml:lang="en-US">Anheuser-Busch InBev SA/NV [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInBevMember" xlink:to="lab_bud_AnheuserBuschInBevMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInBevMember" xml:lang="en-US">Anheuser-Busch In Bev SA/NV.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-full_RangeAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RangeAxis" xml:lang="en-US">Range [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RangeAxis" xml:lang="en-US">Range [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain" xlink:label="loc_ifrs-full_RangeDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RangeDomain" xml:lang="en-US">Range [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-full_BottomOfRangeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BottomOfRangeMember" xml:lang="en-US">Bottom of range [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BottomOfRangeMember" xml:lang="en-US">Bottom of range [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForeignExchangeRatesAbstract" xlink:label="loc_ifrs-full_ForeignExchangeRatesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ForeignExchangeRatesAbstract" xml:lang="en-US">Foreign exchange rates [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForeignExchangeRatesAbstract" xlink:to="lab_ifrs-full_ForeignExchangeRatesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExchangeRatesTable" xlink:label="loc_bud_DisclosureOfExchangeRatesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExchangeRatesTable" xml:lang="en-US">Disclosure Of Exchange Rates [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExchangeRatesTable" xml:lang="en-US">Disclosure Of Exchange Rates [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExchangeRatesTable" xlink:to="lab_bud_DisclosureOfExchangeRatesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExchangeRatesTable" xml:lang="en-US">Disclosure of exchange rates [table].</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InformationProcessingEquipmentMember" xlink:label="loc_bud_InformationProcessingEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InformationProcessingEquipmentMember" xml:lang="en-US">Information processing equipment [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InformationProcessingEquipmentMember" xml:lang="en-US">Information processing equipment [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InformationProcessingEquipmentMember" xlink:to="lab_bud_InformationProcessingEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InformationProcessingEquipmentMember" xml:lang="en-US">Information processing equipment.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExchangeRatesLineItems" xlink:label="loc_bud_DisclosureOfExchangeRatesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExchangeRatesLineItems" xml:lang="en-US">Disclosure Of Exchange Rates [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExchangeRatesLineItems" xml:lang="en-US">Disclosure Of Exchange Rates [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExchangeRatesLineItems" xlink:to="lab_bud_DisclosureOfExchangeRatesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExchangeRatesLineItems" xml:lang="en-US">Disclosure of exchange rates [LineItems].</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfVotingPowerHeldInAssociate" xlink:label="loc_ifrs-full_ProportionOfVotingPowerHeldInAssociate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInAssociate" xml:lang="en-US">Proportion of voting rights held in associate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInAssociate" xml:lang="en-US">Voting rights in associate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfVotingPowerHeldInAssociate" xlink:to="lab_ifrs-full_ProportionOfVotingPowerHeldInAssociate" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CumulativeInflationRateTransitionToHyperinflation" xlink:label="loc_bud_CumulativeInflationRateTransitionToHyperinflation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CumulativeInflationRateTransitionToHyperinflation" xml:lang="en-US">Cumulative Inflation Rate Transition To Hyperinflation</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CumulativeInflationRateTransitionToHyperinflation" xml:lang="en-US">Cumulative inflation rate - transition to hyperinflation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CumulativeInflationRateTransitionToHyperinflation" xlink:to="lab_bud_CumulativeInflationRateTransitionToHyperinflation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CumulativeInflationRateTransitionToHyperinflation" xml:lang="en-US">Cumulative inflation rate transition to hyperinflation.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" xlink:label="loc_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Useful lives or amortisation period, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Amortization period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" xlink:to="lab_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Useful lives or amortisation period, intangible assets other than goodwill.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradeReceivableSettlementPeriod" xlink:label="loc_bud_TradeReceivableSettlementPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradeReceivableSettlementPeriod" xml:lang="en-US">Trade Receivable Settlement Period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradeReceivableSettlementPeriod" xml:lang="en-US">Trade receivable settlement period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradeReceivableSettlementPeriod" xlink:to="lab_bud_TradeReceivableSettlementPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradeReceivableSettlementPeriod" xml:lang="en-US">Trade receivable settlement period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfOperatingSegments1" xlink:label="loc_bud_NumberOfOperatingSegments1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfOperatingSegments1" xml:lang="en-US">Number Of Operating Segments1</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfOperatingSegments1" xml:lang="en-US">Number of operating segments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfOperatingSegments1" xlink:to="lab_bud_NumberOfOperatingSegments1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfOperatingSegments1" xml:lang="en-US">Number Of Operating Segments1</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfReportableSegments1" xlink:label="loc_bud_NumberOfReportableSegments1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfReportableSegments1" xml:lang="en-US">Number of Reportable Segments1</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfReportableSegments1" xml:lang="en-US">Number of reportable segments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfReportableSegments1" xlink:to="lab_bud_NumberOfReportableSegments1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfReportableSegments1" xml:lang="en-US">Number of Reportable Segments1</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfGeographicalRegions" xlink:label="loc_bud_NumberOfGeographicalRegions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfGeographicalRegions" xml:lang="en-US">Number Of Geographical Regions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfGeographicalRegions" xml:lang="en-US">Number of geographical regions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfGeographicalRegions" xlink:to="lab_bud_NumberOfGeographicalRegions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfGeographicalRegions" xml:lang="en-US">Number of geographical regions.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="loc_ifrs-full_ClosingForeignExchangeRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xml:lang="en-US">Closing foreign exchange rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xml:lang="en-US">Closing rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClosingForeignExchangeRate" xlink:to="lab_ifrs-full_ClosingForeignExchangeRate" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-full_TopOfRangeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TopOfRangeMember" xml:lang="en-US">Top of range [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TopOfRangeMember" xml:lang="en-US">Top of range [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:label="loc_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="lab_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RestatedMember" xlink:label="loc_ifrs-full_RestatedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RestatedMember" xml:lang="en-US">Currently stated [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RestatedMember" xml:lang="en-US">Currently stated [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestatedMember" xlink:to="lab_ifrs-full_RestatedMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementGeographicalAxis" xlink:label="loc_srt_StatementGeographicalAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_StatementGeographicalAxis" xml:lang="en-US">Geographical [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_StatementGeographicalAxis" xml:lang="en-US">Geographical [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementGeographicalAxis" xlink:to="lab_srt_StatementGeographicalAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SegmentGeographicalDomain" xlink:label="loc_srt_SegmentGeographicalDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_SegmentGeographicalDomain" xml:lang="en-US">Geographical [Domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_SegmentGeographicalDomain" xml:lang="en-US">Geographical [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SegmentGeographicalDomain" xlink:to="lab_srt_SegmentGeographicalDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_AR" xlink:label="loc_country_AR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_AR" xml:lang="en-US">ARGENTINA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_AR" xml:lang="en-US">Argentina [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AR" xlink:to="lab_country_AR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NewIFRSsAxis" xlink:label="loc_ifrs-full_NewIFRSsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NewIFRSsAxis" xml:lang="en-US">New IFRSs [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NewIFRSsAxis" xml:lang="en-US">New IFRSs [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NewIFRSsAxis" xlink:to="lab_ifrs-full_NewIFRSsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NewIFRSsDomain" xlink:label="loc_ifrs-full_NewIFRSsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NewIFRSsDomain" xml:lang="en-US">New IFRSs [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NewIFRSsDomain" xlink:to="lab_ifrs-full_NewIFRSsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CurrencyAxis" xlink:label="loc_srt_CurrencyAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_CurrencyAxis" xml:lang="en-US">Currency [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_CurrencyAxis" xml:lang="en-US">Currency [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CurrencyAxis" xlink:to="lab_srt_CurrencyAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currency_AllCurrenciesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_AllCurrenciesDomain" xml:lang="en-US">All Currencies [Domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_AllCurrenciesDomain" xml:lang="en-US">All Currencies [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_AllCurrenciesDomain" xlink:to="lab_currency_AllCurrenciesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArsMember" xlink:label="loc_bud_ArsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArsMember" xml:lang="en-US">Ars [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ArsMember" xml:lang="en-US">ARS [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArsMember" xlink:to="lab_bud_ArsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ArsMember" xml:lang="en-US">Ars</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_ARS" xlink:label="loc_currency_ARS" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_ARS" xml:lang="en-US">Argentina, Pesos</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_ARS" xml:lang="en-US">Argentinean Peso [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_ARS" xlink:to="lab_currency_ARS" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_BRL" xlink:label="loc_currency_BRL" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_BRL" xml:lang="en-US">Brazil, Brazil Real</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_BRL" xml:lang="en-US">Brazilian Real [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_BRL" xlink:to="lab_currency_BRL" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CAD" xlink:label="loc_currency_CAD" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_CAD" xml:lang="en-US">Canada, Dollars</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_CAD" xml:lang="en-US">Canadian Dollar [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CAD" xlink:to="lab_currency_CAD" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_COP" xlink:label="loc_currency_COP" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_COP" xml:lang="en-US">Colombia, Pesos</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_COP" xml:lang="en-US">Colombian Peso [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_COP" xlink:to="lab_currency_COP" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CNY" xlink:label="loc_currency_CNY" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_CNY" xml:lang="en-US">China, Yuan Renminbi</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_CNY" xml:lang="en-US">Chinese Yuan [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CNY" xlink:to="lab_currency_CNY" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_EUR" xlink:label="loc_currency_EUR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_EUR" xml:lang="en-US">Euro Member Countries, Euro</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_EUR" xml:lang="en-US">Euro [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_EUR" xlink:to="lab_currency_EUR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_MXN" xlink:label="loc_currency_MXN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_MXN" xml:lang="en-US">Mexico, Pesos</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_MXN" xml:lang="en-US">Mexican Peso [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_MXN" xlink:to="lab_currency_MXN" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_GBP" xlink:label="loc_currency_GBP" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_GBP" xml:lang="en-US">United Kingdom, Pounds</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_GBP" xml:lang="en-US">Pound Sterling [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_GBP" xlink:to="lab_currency_GBP" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_PEN" xlink:label="loc_currency_PEN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_PEN" xml:lang="en-US">Peru, Nuevos Soles</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_currency_PEN" xml:lang="en-US">Peruvian sol [member</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_PEN" xlink:to="lab_currency_PEN" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_KRW" xlink:label="loc_currency_KRW" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_KRW" xml:lang="en-US">Korea (South), Won</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_currency_KRW" xml:lang="en-US">South Korean Won [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_KRW" xml:lang="en-US">South Korea [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_KRW" xlink:to="lab_currency_KRW" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_ZAR" xlink:label="loc_currency_ZAR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_ZAR" xml:lang="en-US">South Africa, Rand</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_ZAR" xml:lang="en-US">South African Rand [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_ZAR" xlink:to="lab_currency_ZAR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AverageForeignExchangeRate" xlink:label="loc_ifrs-full_AverageForeignExchangeRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AverageForeignExchangeRate" xml:lang="en-US">Average foreign exchange rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AverageForeignExchangeRate" xml:lang="en-US">Average rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageForeignExchangeRate" xlink:to="lab_ifrs-full_AverageForeignExchangeRate" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-full_BuildingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BuildingsMember" xml:lang="en-US">Buildings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BuildingsMember" xml:lang="en-US">Industrial buildings - other real estate properties [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BuildingsMember" xlink:to="lab_ifrs-full_BuildingsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProductionPlantAndProductionEquipmentMember" xlink:label="loc_bud_ProductionPlantAndProductionEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProductionPlantAndProductionEquipmentMember" xml:lang="en-US">Production plant and equipment production equipment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProductionPlantAndProductionEquipmentMember" xml:lang="en-US">Production plant and equipment production equipment [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProductionPlantAndProductionEquipmentMember" xlink:to="lab_bud_ProductionPlantAndProductionEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProductionPlantAndProductionEquipmentMember" xml:lang="en-US">Production plant and equipment production equipment.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" xlink:label="loc_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" xml:lang="en-US">Production plant and equipment storage, packaging and handling equipment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" xml:lang="en-US">Production plant and equipment storage, packaging and handling equipment [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" xlink:to="lab_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" xml:lang="en-US">Production plant and equipment storage packaging and handling equipment.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReturnablePackagingKegsMember" xlink:label="loc_bud_ReturnablePackagingKegsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReturnablePackagingKegsMember" xml:lang="en-US">Returnable packaging kegs [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ReturnablePackagingKegsMember" xml:lang="en-US">Returnable packaging kegs [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReturnablePackagingKegsMember" xlink:to="lab_bud_ReturnablePackagingKegsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReturnablePackagingKegsMember" xml:lang="en-US">Returnable packaging kegs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReturnablePackagingCratesMember" xlink:label="loc_bud_ReturnablePackagingCratesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReturnablePackagingCratesMember" xml:lang="en-US">Returnable packaging crates [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ReturnablePackagingCratesMember" xml:lang="en-US">Returnable packaging crates [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReturnablePackagingCratesMember" xlink:to="lab_bud_ReturnablePackagingCratesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReturnablePackagingCratesMember" xml:lang="en-US">Returnable packaging crates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReturnablePackagingBottlesMember" xlink:label="loc_bud_ReturnablePackagingBottlesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReturnablePackagingBottlesMember" xml:lang="en-US">Returnable packaging bottles [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ReturnablePackagingBottlesMember" xml:lang="en-US">Returnable packaging bottles [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReturnablePackagingBottlesMember" xlink:to="lab_bud_ReturnablePackagingBottlesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReturnablePackagingBottlesMember" xml:lang="en-US">Returnable packaging bottles.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="loc_ifrs-full_FixturesAndFittingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FixturesAndFittingsMember" xml:lang="en-US">Fixtures and fittings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FixturesAndFittingsMember" xml:lang="en-US">Point of sale furniture and equipment [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FixturesAndFittingsMember" xlink:to="lab_ifrs-full_FixturesAndFittingsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommunicationAndNetworkEquipmentMember" xlink:label="loc_ifrs-full_CommunicationAndNetworkEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CommunicationAndNetworkEquipmentMember" xml:lang="en-US">Communication and network equipment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CommunicationAndNetworkEquipmentMember" xml:lang="en-US">Information processing equipment (hardware) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommunicationAndNetworkEquipmentMember" xlink:to="lab_ifrs-full_CommunicationAndNetworkEquipmentMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TruckMember" xlink:label="loc_bud_TruckMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TruckMember" xml:lang="en-US">Truck [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TruckMember" xlink:to="lab_bud_TruckMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CarsMember" xlink:label="loc_bud_CarsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CarsMember" xml:lang="en-US">Cars [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CarsMember" xlink:to="lab_bud_CarsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PropertyPlantAndEquipmentEstimatedUsefulLife" xlink:label="loc_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" xml:lang="en-US">Property Plant and Equipment Estimated Useful Life</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" xml:lang="en-US">Estimated useful lives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" xlink:to="lab_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PropertyPlantAndEquipmentEstimatedUsefulLife" xml:lang="en-US">Property plant and equipment estimated useful life.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xml:lang="en-US">Disclosure of operating segments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfBusinessSegments" xlink:label="loc_bud_NumberOfBusinessSegments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfBusinessSegments" xml:lang="en-US">Number of business segments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfBusinessSegments" xml:lang="en-US">Number of business segment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfBusinessSegments" xlink:to="lab_bud_NumberOfBusinessSegments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfBusinessSegments" xml:lang="en-US">Number of business segments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-full_GeographicalAreasAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xml:lang="en-US">Geographical areas [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xml:lang="en-US">Geographical areas [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain" xlink:label="loc_ifrs-full_GeographicalAreasDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xml:lang="en-US">Geographical areas [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xml:lang="en-US">Geographical areas [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BE" xlink:label="loc_country_BE" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_BE" xml:lang="en-US">BELGIUM</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_BE" xml:lang="en-US">Belgium [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BE" xlink:to="lab_country_BE" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_US" xlink:label="loc_country_US" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_US" xml:lang="en-US">UNITED STATES</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_US" xml:lang="en-US">United States [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BR" xlink:label="loc_country_BR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_BR" xml:lang="en-US">BRAZIL</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_BR" xml:lang="en-US">Brazil [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR" xlink:to="lab_country_BR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-full_SegmentsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SegmentsAxis" xml:lang="en-US">Segments [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SegmentsAxis" xml:lang="en-US">Segments [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsDomain" xlink:label="loc_ifrs-full_SegmentsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SegmentsDomain" xml:lang="en-US">Segments [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsDomain" xlink:to="lab_ifrs-full_SegmentsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BeerBusinessMember" xlink:label="loc_bud_BeerBusinessMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BeerBusinessMember" xml:lang="en-US">Beer Business [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BeerBusinessMember" xml:lang="en-US">Beer business [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BeerBusinessMember" xlink:to="lab_bud_BeerBusinessMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BeerBusinessMember" xml:lang="en-US">Beer business.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonBeerBusinessMember" xlink:label="loc_bud_NonBeerBusinessMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonBeerBusinessMember" xml:lang="en-US">Non Beer Business [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonBeerBusinessMember" xml:lang="en-US">Non-beer business [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonBeerBusinessMember" xlink:to="lab_bud_NonBeerBusinessMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonBeerBusinessMember" xml:lang="en-US">Non beer business.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReportedVolumes" xlink:label="loc_bud_ReportedVolumes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReportedVolumes" xml:lang="en-US">Reported volumes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ReportedVolumes" xml:lang="en-US">Volume (million hls)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReportedVolumes" xlink:to="lab_bud_ReportedVolumes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReportedVolumes" xml:lang="en-US">Reported volumes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US">Share of profit (loss) of associates and joint ventures accounted for using equity method</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US">Share of results of associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US">Share of result of associates and joint ventures</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GrossCapitalExpenditure" xlink:label="loc_bud_GrossCapitalExpenditure" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GrossCapitalExpenditure" xml:lang="en-US">Gross capital expenditure</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GrossCapitalExpenditure" xml:lang="en-US">Gross capex</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GrossCapitalExpenditure" xlink:to="lab_bud_GrossCapitalExpenditure" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GrossCapitalExpenditure" xml:lang="en-US">Gross capital expenditure.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FullTimeEquivalentEmployees" xlink:label="loc_bud_FullTimeEquivalentEmployees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FullTimeEquivalentEmployees" xml:lang="en-US">Full Time Equivalent Employees</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FullTimeEquivalentEmployees" xml:lang="en-US">FTE</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FullTimeEquivalentEmployees" xlink:to="lab_bud_FullTimeEquivalentEmployees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FullTimeEquivalentEmployees" xml:lang="en-US">A combination of employees,each of whom individually is not a full individually is not a full time employee.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalShareOfResultsOfAssociates" xlink:label="loc_bud_ExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Exceptional Share Of Results Of Associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Exceptional share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalShareOfResultsOfAssociates" xlink:to="lab_bud_ExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Exceptional share of results of associates.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="loc_ifrs-full_SegmentConsolidationItemsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xml:lang="en-US">Segment consolidation items [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xml:lang="en-US">Segment consolidation items [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsAxis" xlink:to="lab_ifrs-full_SegmentConsolidationItemsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsDomain" xlink:label="loc_ifrs-full_SegmentConsolidationItemsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SegmentConsolidationItemsDomain" xml:lang="en-US">Segment consolidation items [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsDomain" xlink:to="lab_ifrs-full_SegmentConsolidationItemsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingSegmentsMember" xlink:label="loc_ifrs-full_OperatingSegmentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xml:lang="en-US">Operating segments [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xml:lang="en-US">AB InBev Worldwide [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingSegmentsMember" xlink:to="lab_ifrs-full_OperatingSegmentsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SegmentAxis" xlink:label="loc_bud_SegmentAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SegmentAxis" xml:lang="en-US">Segment [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SegmentAxis" xml:lang="en-US">Segments [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SegmentAxis" xlink:to="lab_bud_SegmentAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SegmentAxis" xml:lang="en-US">Segment [Axis].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SegmentMember" xlink:label="loc_bud_SegmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SegmentMember" xml:lang="en-US">Segment [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SegmentMember" xml:lang="en-US">Segments [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SegmentMember" xlink:to="lab_bud_SegmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SegmentMember" xml:lang="en-US">Segment.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NorthAmericaMember" xlink:label="loc_srt_NorthAmericaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_NorthAmericaMember" xml:lang="en-US">North America [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_NorthAmericaMember" xml:lang="en-US">North America [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NorthAmericaMember" xlink:to="lab_srt_NorthAmericaMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EMEASegmentMember" xlink:label="loc_bud_EMEASegmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EMEASegmentMember" xml:lang="en-US">E M E A Segment [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EMEASegmentMember" xml:lang="en-US">EMEA [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EMEASegmentMember" xlink:to="lab_bud_EMEASegmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EMEASegmentMember" xml:lang="en-US">EMEA [Member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_AsiaPacificMember" xlink:label="loc_srt_AsiaPacificMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_AsiaPacificMember" xml:lang="en-US">Asia Pacific [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_AsiaPacificMember" xml:lang="en-US">Asia Pacific [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_AsiaPacificMember" xlink:to="lab_srt_AsiaPacificMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GlobalExportandHoldingCompaniesMember" xlink:label="loc_bud_GlobalExportandHoldingCompaniesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GlobalExportandHoldingCompaniesMember" xml:lang="en-US">Global Exportand Holding Companies [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GlobalExportandHoldingCompaniesMember" xml:lang="en-US">Global export and holding companies [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GlobalExportandHoldingCompaniesMember" xlink:to="lab_bud_GlobalExportandHoldingCompaniesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GlobalExportandHoldingCompaniesMember" xml:lang="en-US">Global export and holding companies.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MiddleAmericaMember" xlink:label="loc_bud_MiddleAmericaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MiddleAmericaMember" xml:lang="en-US">Middle America [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MiddleAmericaMember" xml:lang="en-US">Middle America [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MiddleAmericaMember" xlink:to="lab_bud_MiddleAmericaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MiddleAmericaMember" xml:lang="en-US">Middle america.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SouthAmericaMember" xlink:label="loc_srt_SouthAmericaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_SouthAmericaMember" xml:lang="en-US">South America [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_SouthAmericaMember" xml:lang="en-US">South America [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SouthAmericaMember" xlink:to="lab_srt_SouthAmericaMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" xlink:label="loc_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" xml:lang="en-US">Disclosure of other operating income expense [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" xlink:to="lab_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" xml:lang="en-US">Disclosure of other operating income expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromGovernmentGrants" xlink:label="loc_ifrs-full_RevenueFromGovernmentGrants" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RevenueFromGovernmentGrants" xml:lang="en-US">Income from government grants</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RevenueFromGovernmentGrants" xml:lang="en-US">Government grants</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromGovernmentGrants" xlink:to="lab_ifrs-full_RevenueFromGovernmentGrants" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LicenceFeeIncome" xlink:label="loc_ifrs-full_LicenceFeeIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LicenceFeeIncome" xml:lang="en-US">Licence fee income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LicenceFeeIncome" xml:lang="en-US">License income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LicenceFeeIncome" xlink:to="lab_ifrs-full_LicenceFeeIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xml:lang="en-US">Gains (losses) on disposals of property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xml:lang="en-US">Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherOperatingIncomeOperating" xlink:label="loc_ifrs-full_OtherOperatingIncomeOperating" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherOperatingIncomeOperating" xml:lang="en-US">Other operating income, operating</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_OtherOperatingIncomeOperating" xml:lang="en-US">Other operating income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherOperatingIncomeOperating" xlink:to="lab_ifrs-full_OtherOperatingIncomeOperating" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RentalIncome" xlink:label="loc_ifrs-full_RentalIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RentalIncome" xml:lang="en-US">Rental income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RentalIncome" xml:lang="en-US">Net rental income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RentalIncome" xlink:to="lab_ifrs-full_RentalIncome" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExceptionalItemsAbstract" xlink:label="loc_bud_DisclosureOfExceptionalItemsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExceptionalItemsAbstract" xml:lang="en-US">Disclosure Of Exceptional Items [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExceptionalItemsAbstract" xlink:to="lab_bud_DisclosureOfExceptionalItemsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExceptionalItemsAbstract" xml:lang="en-US">Disclosure of exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExceptionalItemsTable" xlink:label="loc_bud_DisclosureOfExceptionalItemsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExceptionalItemsTable" xml:lang="en-US">Disclosure Of Exceptional Items [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExceptionalItemsTable" xml:lang="en-US">Disclosure Of Exceptional Items [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExceptionalItemsTable" xlink:to="lab_bud_DisclosureOfExceptionalItemsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExceptionalItemsTable" xml:lang="en-US">Disclosure of exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xml:lang="en-US">Business combinations [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xml:lang="en-US">Business combinations [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsDomain" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xml:lang="en-US">Business combinations [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xml:lang="en-US">Business combinations [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfExceptionalItemsLineItems" xlink:label="loc_bud_DisclosureOfExceptionalItemsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfExceptionalItemsLineItems" xml:lang="en-US">Disclosure Of Exceptional Items [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfExceptionalItemsLineItems" xml:lang="en-US">Disclosure of Exceptional Items [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfExceptionalItemsLineItems" xlink:to="lab_bud_DisclosureOfExceptionalItemsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfExceptionalItemsLineItems" xml:lang="en-US">Disclosure of exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalRestructuringCharges" xlink:label="loc_bud_ExceptionalRestructuringCharges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalRestructuringCharges" xml:lang="en-US">Exceptional restructuring charges</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_bud_ExceptionalRestructuringCharges" xml:lang="en-US">Restructuring</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalRestructuringCharges" xml:lang="en-US">Exceptional restructuring charges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalRestructuringCharges" xlink:to="lab_bud_ExceptionalRestructuringCharges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalRestructuringCharges" xml:lang="en-US">Exceptional restructuring charges.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalAcquisitionCostBusinessCombinations" xlink:label="loc_bud_ExceptionalAcquisitionCostBusinessCombinations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalAcquisitionCostBusinessCombinations" xml:lang="en-US">Exceptional acquisition cost business combinations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalAcquisitionCostBusinessCombinations" xml:lang="en-US">Acquisition-related costs (business combinations)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalAcquisitionCostBusinessCombinations" xlink:to="lab_bud_ExceptionalAcquisitionCostBusinessCombinations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalAcquisitionCostBusinessCombinations" xml:lang="en-US">Exceptional acquisition cost business combinations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xlink:label="loc_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xml:lang="en-US">Exceptional gain loss on business and asset disposal</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xml:lang="en-US">Business and asset disposals (including impairment losses)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xml:lang="en-US">Business and asset disposal (including impairment losses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xlink:to="lab_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalGainLossOnBusinessAndAssetDisposal" xml:lang="en-US">Exceptional gain loss on business and asset disposal.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" xlink:label="loc_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" xml:lang="en-US">Exceptional Items Included in Earnings Before Interest and Tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" xml:lang="en-US">Impact on profit from operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" xlink:to="lab_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" xml:lang="en-US">Exceptional items included in earnings before interest and tax.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalClaimsAndLegalCosts" xlink:label="loc_bud_ExceptionalClaimsAndLegalCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalClaimsAndLegalCosts" xml:lang="en-US">Exceptional Claims and Legal Costs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalClaimsAndLegalCosts" xml:lang="en-US">Claims and legal costs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_bud_ExceptionalClaimsAndLegalCosts" xml:lang="en-US">Exceptional Claims and Legal Costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalClaimsAndLegalCosts" xlink:to="lab_bud_ExceptionalClaimsAndLegalCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalClaimsAndLegalCosts" xml:lang="en-US">Exceptional Claims and legal costs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalNetFinanceIncomeCost" xlink:label="loc_bud_ExceptionalNetFinanceIncomeCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalNetFinanceIncomeCost" xml:lang="en-US">Exceptional Net Finance Income Cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalNetFinanceIncomeCost" xml:lang="en-US">Exceptional net finance income/(expense)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalNetFinanceIncomeCost" xlink:to="lab_bud_ExceptionalNetFinanceIncomeCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalNetFinanceIncomeCost" xml:lang="en-US">Exceptional net finance income/(cost).</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalTaxes" xlink:label="loc_bud_ExceptionalTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalTaxes" xml:lang="en-US">Exceptional Taxes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalTaxes" xml:lang="en-US">Exceptional taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalTaxes" xlink:to="lab_bud_ExceptionalTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalTaxes" xml:lang="en-US">Exceptional taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalNoncontrollingInterest" xlink:label="loc_bud_ExceptionalNoncontrollingInterest" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalNoncontrollingInterest" xml:lang="en-US">Exceptional non-controlling interest</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ExceptionalNoncontrollingInterest" xml:lang="en-US">Exceptional non-controlling interest</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalNoncontrollingInterest" xlink:to="lab_bud_ExceptionalNoncontrollingInterest" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalNoncontrollingInterest" xml:lang="en-US">Exceptional non-controlling interest.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetImpactOnProfit" xlink:label="loc_bud_NetImpactOnProfit" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetImpactOnProfit" xml:lang="en-US">Net Impact On Profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_NetImpactOnProfit" xml:lang="en-US">Net impact on profit</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetImpactOnProfit" xlink:to="lab_bud_NetImpactOnProfit" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetImpactOnProfit" xml:lang="en-US">Net impact on profit.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DecreaseInIncomeTaxDueToExceptionalItems" xlink:label="loc_bud_DecreaseInIncomeTaxDueToExceptionalItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DecreaseInIncomeTaxDueToExceptionalItems" xml:lang="en-US">Decrease In Income Tax Due to Exceptional Items</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DecreaseInIncomeTaxDueToExceptionalItems" xml:lang="en-US">Decrease of income taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DecreaseInIncomeTaxDueToExceptionalItems" xlink:to="lab_bud_DecreaseInIncomeTaxDueToExceptionalItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DecreaseInIncomeTaxDueToExceptionalItems" xml:lang="en-US">Decrease in income tax due to exceptional items</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalItemsIncludedInNoncontrollingInterests" xlink:label="loc_bud_ExceptionalItemsIncludedInNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalItemsIncludedInNoncontrollingInterests" xml:lang="en-US">Exceptional Items Included in Noncontrolling Interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ExceptionalItemsIncludedInNoncontrollingInterests" xml:lang="en-US">Non-controlling interest on the exceptional items</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalItemsIncludedInNoncontrollingInterests" xlink:to="lab_bud_ExceptionalItemsIncludedInNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalItemsIncludedInNoncontrollingInterests" xml:lang="en-US">Exceptional items included in noncontrolling interests.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetFinanceCostIncome" xlink:label="loc_bud_NetFinanceCostIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetFinanceCostIncome" xml:lang="en-US">NET finance Cost Income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetFinanceCostIncome" xml:lang="en-US">NET finance (cost) income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetFinanceCostIncome" xlink:to="lab_bud_NetFinanceCostIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetFinanceCostIncome" xml:lang="en-US">NET finance (Cost) Income</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalLegalCosts" xlink:label="loc_bud_ExceptionalLegalCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalLegalCosts" xml:lang="en-US">Exceptional Legal Costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalLegalCosts" xlink:to="lab_bud_ExceptionalLegalCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalLegalCosts" xml:lang="en-US">Exceptional legal costs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalCustomsAuditClaim" xlink:label="loc_bud_ExceptionalCustomsAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalCustomsAuditClaim" xml:lang="en-US">Exceptional Customs Audit Claim</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ExceptionalCustomsAuditClaim" xml:lang="en-US">Exceptional customs audit claim</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalCustomsAuditClaim" xlink:to="lab_bud_ExceptionalCustomsAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalCustomsAuditClaim" xml:lang="en-US">Exceptional customs audit claim.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" xlink:label="loc_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" xml:lang="en-US">Utilization Of Current Year and Carry Forward Interests For Which No Deferred Tax Asset was Recognized</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" xml:lang="en-US">Utilization of current year and carry forward interests for which no deferred tax asset was recognized</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" xlink:to="lab_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" xml:lang="en-US">Utilization of current year and carry forward interests for which no deferred tax asset was recognized.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncomeTaxAuthority1Axis" xlink:label="loc_bud_IncomeTaxAuthority1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncomeTaxAuthority1Axis" xml:lang="en-US">Income tax authority 1 [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncomeTaxAuthority1Axis" xml:lang="en-US">Income tax authority 1 [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncomeTaxAuthority1Axis" xlink:to="lab_bud_IncomeTaxAuthority1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncomeTaxAuthority1Axis" xml:lang="en-US">Income tax authority 1 [axis]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncomeTaxAuthority1Domain" xlink:label="loc_bud_IncomeTaxAuthority1Domain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncomeTaxAuthority1Domain" xml:lang="en-US">Income Tax Authority 1 [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncomeTaxAuthority1Domain" xml:lang="en-US">Income Tax Authority 1 [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncomeTaxAuthority1Domain" xlink:to="lab_bud_IncomeTaxAuthority1Domain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncomeTaxAuthority1Domain" xml:lang="en-US">Income Tax Authority domain.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xml:lang="en-US">Subsidiaries [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xml:lang="en-US">Subsidiaries [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xml:lang="en-US">Subsidiaries [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xml:lang="en-US">Subsidiaries [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:label="loc_ifrs-full_ClassesOfContingentLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:label="loc_ifrs-full_ClassesOfContingentLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" xml:lang="en-US">Classes of contingent liabilities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" xml:lang="en-US">Classes of contingent liabilities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SouthAfricaTaxMattersMember" xlink:label="loc_bud_SouthAfricaTaxMattersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SouthAfricaTaxMattersMember" xml:lang="en-US">South Africa Tax Matters [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SouthAfricaTaxMattersMember" xml:lang="en-US">South Africa Tax Matters [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SouthAfricaTaxMattersMember" xlink:to="lab_bud_SouthAfricaTaxMattersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SouthAfricaTaxMattersMember" xml:lang="en-US">South africa tax matters.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesAxis" xlink:label="loc_ifrs-full_CounterpartiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CounterpartiesAxis" xml:lang="en-US">Counterparties [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesAxis" xlink:to="lab_ifrs-full_CounterpartiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesDomain" xlink:label="loc_ifrs-full_CounterpartiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CounterpartiesDomain" xml:lang="en-US">Counterparties [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesDomain" xlink:to="lab_ifrs-full_CounterpartiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BarbadosAndOtherCaribbeanIslandsMember" xlink:label="loc_bud_BarbadosAndOtherCaribbeanIslandsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BarbadosAndOtherCaribbeanIslandsMember" xml:lang="en-US">Barbados and other Caribbean islands [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BarbadosAndOtherCaribbeanIslandsMember" xlink:to="lab_bud_BarbadosAndOtherCaribbeanIslandsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NewarkBreweryMember" xlink:label="loc_bud_NewarkBreweryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NewarkBreweryMember" xml:lang="en-US">Newark brewery [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NewarkBreweryMember" xlink:to="lab_bud_NewarkBreweryMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GhostBeveragesLlcMember" xlink:label="loc_bud_GhostBeveragesLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GhostBeveragesLlcMember" xml:lang="en-US">Ghost Beverages LLC [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GhostBeveragesLlcMember" xlink:to="lab_bud_GhostBeveragesLlcMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TilrayBrandsIncMember" xlink:label="loc_bud_TilrayBrandsIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TilrayBrandsIncMember" xml:lang="en-US">Tilray Brands, Inc [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TilrayBrandsIncMember" xml:lang="en-US">Tilray Brands, Inc [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TilrayBrandsIncMember" xlink:to="lab_bud_TilrayBrandsIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TilrayBrandsIncMember" xml:lang="en-US">Tilray brands, inc.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:label="loc_ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xml:lang="en-US">Classes of employee benefits expense [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:to="lab_ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEmployeeBenefitsTable" xlink:label="loc_bud_DisclosureOfEmployeeBenefitsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEmployeeBenefitsTable" xml:lang="en-US">Disclosure of employee benefits [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEmployeeBenefitsTable" xml:lang="en-US">Disclosure of employee benefits [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfEmployeeBenefitsTable" xlink:to="lab_bud_DisclosureOfEmployeeBenefitsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEmployeeBenefitsTable" xml:lang="en-US">Schedule disclosing of employee benefits.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfShareOfEquityInvestmentLineItems" xlink:label="loc_bud_DisclosureOfShareOfEquityInvestmentLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfShareOfEquityInvestmentLineItems" xml:lang="en-US">Disclosure Of Share Of Equity Investment [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfShareOfEquityInvestmentLineItems" xml:lang="en-US">Disclosure Of Share Of Equity Investment [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfShareOfEquityInvestmentLineItems" xlink:to="lab_bud_DisclosureOfShareOfEquityInvestmentLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfShareOfEquityInvestmentLineItems" xml:lang="en-US">Disclosure Of Share Of Equity Investment</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WagesAndSalaries" xlink:label="loc_ifrs-full_WagesAndSalaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WagesAndSalaries" xml:lang="en-US">Wages and salaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_WagesAndSalaries" xml:lang="en-US">Wages and salaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WagesAndSalaries" xlink:to="lab_ifrs-full_WagesAndSalaries" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SocialSecurityContributions" xlink:label="loc_ifrs-full_SocialSecurityContributions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SocialSecurityContributions" xml:lang="en-US">Social security contributions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_SocialSecurityContributions" xml:lang="en-US">Social security contributions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SocialSecurityContributions" xlink:to="lab_ifrs-full_SocialSecurityContributions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherEmployeeExpense" xlink:label="loc_ifrs-full_OtherEmployeeExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherEmployeeExpense" xml:lang="en-US">Other employee expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_OtherEmployeeExpense" xml:lang="en-US">Other personnel cost</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherEmployeeExpense" xlink:to="lab_ifrs-full_OtherEmployeeExpense" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:label="loc_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xml:lang="en-US">Post-employment benefit expense, defined contribution plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xml:lang="en-US">Pension expense for defined contribution plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xml:lang="en-US">Defined contribution plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:to="lab_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xml:lang="en-US">Share-based payment expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xml:lang="en-US">Share-based payment transactions expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:label="loc_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xml:lang="en-US">Post-employment benefit expense, defined benefit plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xml:lang="en-US">Pension expense for defined benefit plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="loc_ifrs-full_EmployeeBenefitsExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xml:lang="en-US">Employee benefits expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xml:lang="en-US">Payroll and related benefits</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xml:lang="en-US">Total employee benefit expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EmployeeBenefitsExpense" xlink:to="lab_ifrs-full_EmployeeBenefitsExpense" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PayrollAndRelatedBenefitsMember" xlink:label="loc_bud_PayrollAndRelatedBenefitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PayrollAndRelatedBenefitsMember" xml:lang="en-US">Payroll And Related Benefits [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PayrollAndRelatedBenefitsMember" xml:lang="en-US">Payroll and related benefits [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PayrollAndRelatedBenefitsMember" xlink:to="lab_bud_PayrollAndRelatedBenefitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PayrollAndRelatedBenefitsMember" xml:lang="en-US">Payroll and related benefits</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ParentMember" xlink:label="loc_ifrs-full_ParentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ParentMember" xml:lang="en-US">Parent [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ParentMember" xml:lang="en-US">AB InBev SA/NV (paret company) [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ParentMember" xml:lang="en-US">Parent [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParentMember" xlink:to="lab_ifrs-full_ParentMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherSubsidiariesMember" xlink:label="loc_bud_OtherSubsidiariesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherSubsidiariesMember" xml:lang="en-US">Other Subsidiaries [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherSubsidiariesMember" xml:lang="en-US">Other subsidiaries [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherSubsidiariesMember" xlink:to="lab_bud_OtherSubsidiariesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherSubsidiariesMember" xml:lang="en-US">Other subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" xlink:label="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" xml:lang="en-US">Disclosure Of Depreciation Amortization And Impairment [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" xlink:to="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" xml:lang="en-US">Disclosure Of Depreciation Amortization And Impairment [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" xlink:label="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" xml:lang="en-US">Disclosure Of Depreciation Amortization And Impairment [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" xml:lang="en-US">Disclosure Of Depreciation Amortization And Impairment [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" xlink:to="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" xml:lang="en-US">Disclosure Of Depreciation Amortization And Impairment [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" xlink:label="loc_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" xml:lang="en-US">Additional Information On Operating Expenses By Nature [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" xlink:to="lab_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" xml:lang="en-US">Additional information on operating expenses by nature.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" xlink:label="loc_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" xml:lang="en-US">Depreciation and Impairment of Property Plant and Equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" xml:lang="en-US">Depreciation and impairment of property, plant and equipment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" xlink:to="lab_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" xml:lang="en-US">Depreciation and impairment of property plant and equipment.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmortisationAndImpairmentOfIntangibleAssets" xlink:label="loc_bud_AmortisationAndImpairmentOfIntangibleAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmortisationAndImpairmentOfIntangibleAssets" xml:lang="en-US">Amortisation and Impairment of Intangible Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AmortisationAndImpairmentOfIntangibleAssets" xml:lang="en-US">Amortization and impairment of intangible assets and goodwill</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmortisationAndImpairmentOfIntangibleAssets" xlink:to="lab_bud_AmortisationAndImpairmentOfIntangibleAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmortisationAndImpairmentOfIntangibleAssets" xml:lang="en-US">Amortisation and Impairment of Intangible Assets</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DepreciationAndImpairmentOfRightofuseAsset" xlink:label="loc_bud_DepreciationAndImpairmentOfRightofuseAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DepreciationAndImpairmentOfRightofuseAsset" xml:lang="en-US">Depreciation And Impairment Of RightOfUse Asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DepreciationAndImpairmentOfRightofuseAsset" xml:lang="en-US">Depreciation and impairment of right-of-use assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DepreciationAndImpairmentOfRightofuseAsset" xlink:to="lab_bud_DepreciationAndImpairmentOfRightofuseAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DepreciationAndImpairmentOfRightofuseAsset" xml:lang="en-US">Depreciation&#160;and impairment of right-of-use asset.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExpenseCategoriesAxis" xlink:label="loc_bud_ExpenseCategoriesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExpenseCategoriesAxis" xml:lang="en-US">Expense Categories [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExpenseCategoriesAxis" xml:lang="en-US">Expense Categories [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExpenseCategoriesAxis" xlink:to="lab_bud_ExpenseCategoriesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExpenseCategoriesAxis" xml:lang="en-US">Expense Categories [axis]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExpenseCategoriesDomain" xlink:label="loc_bud_ExpenseCategoriesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExpenseCategoriesDomain" xml:lang="en-US">Expense Categories [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExpenseCategoriesDomain" xml:lang="en-US">Expense Categories [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExpenseCategoriesDomain" xlink:to="lab_bud_ExpenseCategoriesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExpenseCategoriesDomain" xml:lang="en-US">Expense Categories [domain]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CostOfSalesGoodsMember" xlink:label="loc_bud_CostOfSalesGoodsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CostOfSalesGoodsMember" xml:lang="en-US">Cost of sales Goods [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CostOfSalesGoodsMember" xml:lang="en-US">Cost of sales [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CostOfSalesGoodsMember" xlink:to="lab_bud_CostOfSalesGoodsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CostOfSalesGoodsMember" xml:lang="en-US">Cost of sales Goods member</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DistributionExpensesMember" xlink:label="loc_bud_DistributionExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DistributionExpensesMember" xml:lang="en-US">Distribution expenses [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DistributionExpensesMember" xml:lang="en-US">Distribution expenses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DistributionExpensesMember" xlink:to="lab_bud_DistributionExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DistributionExpensesMember" xml:lang="en-US">Distribution expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SalesAndMarketingExpensesMember" xlink:label="loc_bud_SalesAndMarketingExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SalesAndMarketingExpensesMember" xml:lang="en-US">Sales and marketing expenses [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SalesAndMarketingExpensesMember" xml:lang="en-US">Sales and marketing expenses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SalesAndMarketingExpensesMember" xlink:to="lab_bud_SalesAndMarketingExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SalesAndMarketingExpensesMember" xml:lang="en-US">Sales and marketing expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdministrativeExpensesMember" xlink:label="loc_bud_AdministrativeExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdministrativeExpensesMember" xml:lang="en-US">Administrative Expenses [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdministrativeExpensesMember" xml:lang="en-US">Administrative expenses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdministrativeExpensesMember" xlink:to="lab_bud_AdministrativeExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdministrativeExpensesMember" xml:lang="en-US">Administrative expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherOperatingExpensesMember" xlink:label="loc_bud_OtherOperatingExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherOperatingExpensesMember" xml:lang="en-US">Other operating expenses [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherOperatingExpensesMember" xml:lang="en-US">Other operating expenses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherOperatingExpensesMember" xlink:to="lab_bud_OtherOperatingExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherOperatingExpensesMember" xml:lang="en-US">Other operating expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalItemsMember" xlink:label="loc_bud_ExceptionalItemsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalItemsMember" xml:lang="en-US">Exceptional Items [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalItemsMember" xlink:to="lab_bud_ExceptionalItemsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalItemsMember" xml:lang="en-US">Exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinanceIncomeExpenseAbstract" xlink:label="loc_bud_DisclosureOfFinanceIncomeExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseAbstract" xml:lang="en-US">Disclosure of finance income expense [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinanceIncomeExpenseAbstract" xlink:to="lab_bud_DisclosureOfFinanceIncomeExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseAbstract" xml:lang="en-US">Disclosure of finance income expense abstract.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinanceIncomeExpenseTable" xlink:label="loc_bud_DisclosureOfFinanceIncomeExpenseTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseTable" xml:lang="en-US">Disclosure of finance income expense [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseTable" xml:lang="en-US">Disclosure of finance income expense [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinanceIncomeExpenseTable" xlink:to="lab_bud_DisclosureOfFinanceIncomeExpenseTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseTable" xml:lang="en-US">Disclosure of finance income expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinanceIncomeExpenseLineItems" xlink:label="loc_bud_DisclosureOfFinanceIncomeExpenseLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseLineItems" xml:lang="en-US">Disclosure of finance income expense [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseLineItems" xml:lang="en-US">Disclosure of finance income expense [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinanceIncomeExpenseLineItems" xlink:to="lab_bud_DisclosureOfFinanceIncomeExpenseLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinanceIncomeExpenseLineItems" xml:lang="en-US">Disclosure of finance income expense [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullfinanceincomecost" xlink:label="loc_bud_Ifrsfullfinanceincomecost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullfinanceincomecost" xml:lang="en-US">ifrsfullFinanceIncomeCost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullfinanceincomecost" xml:lang="en-US">Net finance income/(expense)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullfinanceincomecost" xlink:to="lab_bud_Ifrsfullfinanceincomecost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullfinanceincomecost" xml:lang="en-US">The amount of income or cost associated with interest and other financing activities of the entity.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budexceptionalfinanceincomecosts" xlink:label="loc_bud_Budexceptionalfinanceincomecosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budexceptionalfinanceincomecosts" xml:lang="en-US">BUDExceptionalFinanceIncomeCosts</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budexceptionalfinanceincomecosts" xml:lang="en-US">Exceptional finance income/(expense)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budexceptionalfinanceincomecosts" xlink:to="lab_bud_Budexceptionalfinanceincomecosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budexceptionalfinanceincomecosts" xml:lang="en-US">Exceptional finance income costs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budfinanceincomeexpensesexcludingexceptionalitems" xlink:label="loc_bud_Budfinanceincomeexpensesexcludingexceptionalitems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budfinanceincomeexpensesexcludingexceptionalitems" xml:lang="en-US">BUDFinanceIncomeExpensesExcludingExceptionalItems</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budfinanceincomeexpensesexcludingexceptionalitems" xml:lang="en-US">Net finance income/(expense) excluding exceptional items</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budfinanceincomeexpensesexcludingexceptionalitems" xlink:to="lab_bud_Budfinanceincomeexpensesexcludingexceptionalitems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budfinanceincomeexpensesexcludingexceptionalitems" xml:lang="en-US">Finance income expenses excluding exceptional items.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budotherfinancialresultincomeexpenses" xlink:label="loc_bud_Budotherfinancialresultincomeexpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budotherfinancialresultincomeexpenses" xml:lang="en-US">BUDOtherFinancialResultIncomeExpenses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budotherfinancialresultincomeexpenses" xml:lang="en-US">Other financial results</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budotherfinancialresultincomeexpenses" xlink:to="lab_bud_Budotherfinancialresultincomeexpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budotherfinancialresultincomeexpenses" xml:lang="en-US">Other financial result income expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullotherfinanceincome" xlink:label="loc_bud_Ifrsfullotherfinanceincome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullotherfinanceincome" xml:lang="en-US">ifrsfullOtherFinanceIncome</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullotherfinanceincome" xml:lang="en-US">Other financial income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullotherfinanceincome" xlink:to="lab_bud_Ifrsfullotherfinanceincome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullotherfinanceincome" xml:lang="en-US">The amount of finance income that the entity does not separately disclose in the same statement or note. [Refer: Finance income]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullotherfinancecost" xlink:label="loc_bud_Ifrsfullotherfinancecost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullotherfinancecost" xml:lang="en-US">ifrsfullOtherFinanceCost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullotherfinancecost" xml:lang="en-US">Bank fees, taxes and other financial expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullotherfinancecost" xlink:to="lab_bud_Ifrsfullotherfinancecost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullotherfinancecost" xml:lang="en-US">The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budlossesonhedginginstruments" xlink:label="loc_bud_Budlossesonhedginginstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budlossesonhedginginstruments" xml:lang="en-US">BUDLossesOnHedgingInstruments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budlossesonhedginginstruments" xml:lang="en-US">Net gains/(losses) on hedging instruments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budlossesonhedginginstruments" xlink:to="lab_bud_Budlossesonhedginginstruments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budlossesonhedginginstruments" xml:lang="en-US">Losses on hedging instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" xlink:label="loc_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" xml:lang="en-US">ifrsfullGainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" xml:lang="en-US">Net foreign exchange gains/(losses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" xlink:to="lab_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" xml:lang="en-US">The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budaccretionexpenseandinterestonpensions" xlink:label="loc_bud_Budaccretionexpenseandinterestonpensions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budaccretionexpenseandinterestonpensions" xml:lang="en-US">BUDAccretionExpenseAndInterestOnPensions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budaccretionexpenseandinterestonpensions" xml:lang="en-US">Accretion expense and interest on pensions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budaccretionexpenseandinterestonpensions" xlink:to="lab_bud_Budaccretionexpenseandinterestonpensions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budaccretionexpenseandinterestonpensions" xml:lang="en-US">Accretion expense and interest on pensions.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budinterestonpensions" xlink:label="loc_bud_Budinterestonpensions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budinterestonpensions" xml:lang="en-US">BUDInterestOnPensions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budinterestonpensions" xml:lang="en-US">Interest on pensions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budinterestonpensions" xlink:to="lab_bud_Budinterestonpensions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budinterestonpensions" xml:lang="en-US">Interest on pensions.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budaccretionexpense" xlink:label="loc_bud_Budaccretionexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budaccretionexpense" xml:lang="en-US">BUDAccretionExpense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budaccretionexpense" xml:lang="en-US">Accretion expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budaccretionexpense" xlink:to="lab_bud_Budaccretionexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budaccretionexpense" xml:lang="en-US">Accretion expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullinterestrevenueexpense" xlink:label="loc_bud_Ifrsfullinterestrevenueexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullinterestrevenueexpense" xml:lang="en-US">Net interest income/(expense)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullinterestrevenueexpense" xlink:to="lab_bud_Ifrsfullinterestrevenueexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullinterestrevenueexpense" xml:lang="en-US">The amount of income or expense arising from interest. [Refer: Interest expense; Interest income]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budincomefrominterestonbraziliantaxcredits" xlink:label="loc_bud_Budincomefrominterestonbraziliantaxcredits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budincomefrominterestonbraziliantaxcredits" xml:lang="en-US">BUDIncomeFromInterestOnBrazilianTaxCredits</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budincomefrominterestonbraziliantaxcredits" xml:lang="en-US">Income From Interest On Brazilian Tax Credits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budincomefrominterestonbraziliantaxcredits" xlink:to="lab_bud_Budincomefrominterestonbraziliantaxcredits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budincomefrominterestonbraziliantaxcredits" xml:lang="en-US">Income from interest on brazilian tax credits.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullrevenuefrominterest" xlink:label="loc_bud_Ifrsfullrevenuefrominterest" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullrevenuefrominterest" xml:lang="en-US">ifrsfullRevenueFromInterest</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullrevenuefrominterest" xml:lang="en-US">Interest income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullrevenuefrominterest" xlink:to="lab_bud_Ifrsfullrevenuefrominterest" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullrevenuefrominterest" xml:lang="en-US">The amount of income arising from interest.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Ifrsfullinterestexpense" xlink:label="loc_bud_Ifrsfullinterestexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Ifrsfullinterestexpense" xml:lang="en-US">ifrsfullInterestExpense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Ifrsfullinterestexpense" xml:lang="en-US">Interest expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Ifrsfullinterestexpense" xlink:to="lab_bud_Ifrsfullinterestexpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Ifrsfullinterestexpense" xml:lang="en-US">NULL</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xml:lang="en-US">Interest expense on lease liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xml:lang="en-US">Interest on lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MarkToMarketGainLoss" xlink:label="loc_bud_MarkToMarketGainLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MarkToMarketGainLoss" xml:lang="en-US">Mark To Market Gain Loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MarkToMarketGainLoss" xml:lang="en-US">Mark to market gain (loss)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MarkToMarketGainLoss" xlink:to="lab_bud_MarkToMarketGainLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MarkToMarketGainLoss" xml:lang="en-US">Mark to market gain loss.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnBonds" xlink:label="loc_ifrs-full_InterestExpenseOnBonds" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestExpenseOnBonds" xml:lang="en-US">Interest expense on bonds</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestExpenseOnBonds" xml:lang="en-US">Interest expense on bonds</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnBonds" xlink:to="lab_ifrs-full_InterestExpenseOnBonds" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GainLossOnRemeasurementOfDeferredConsiderations" xlink:label="loc_bud_GainLossOnRemeasurementOfDeferredConsiderations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GainLossOnRemeasurementOfDeferredConsiderations" xml:lang="en-US">Gain Loss On Remeasurement Of Deferred Considerations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GainLossOnRemeasurementOfDeferredConsiderations" xml:lang="en-US">Gain (loss) on remeasurement of deferred considerations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GainLossOnRemeasurementOfDeferredConsiderations" xlink:to="lab_bud_GainLossOnRemeasurementOfDeferredConsiderations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GainLossOnRemeasurementOfDeferredConsiderations" xml:lang="en-US">Gain loss on remeasurement of deferred considerations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredConsiderationOnAcquisitions" xlink:label="loc_bud_DeferredConsiderationOnAcquisitions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredConsiderationOnAcquisitions" xml:lang="en-US">Deferred Consideration On Acquisitions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DeferredConsiderationOnAcquisitions" xml:lang="en-US">Deferred consideration on acquisitions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredConsiderationOnAcquisitions" xml:lang="en-US">Deferred consideration on acquisitions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredConsiderationOnAcquisitions" xlink:to="lab_bud_DeferredConsiderationOnAcquisitions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredConsiderationOnAcquisitions" xml:lang="en-US">Deferred consideration on acquisitions.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" xlink:label="loc_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" xml:lang="en-US">Accretion Expense Included Unwind Of Discount On Payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" xml:lang="en-US">Accretion expense included the unwind of discount on payable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" xlink:to="lab_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" xml:lang="en-US">Accretion expense included the unwind of discount on payables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GainLossForCompletionOfTenderOffersOfNotesIssued" xlink:label="loc_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" xml:lang="en-US">Gain Loss For Completion Of Tender Offers of Notes Issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" xml:lang="en-US">Gain (loss) for completion of tender offers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" xlink:to="lab_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GainLossForCompletionOfTenderOffersOfNotesIssued" xml:lang="en-US">Gain loss for completion of tender offers of notes issued.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ImpairmentLossesOnFinancialAssets" xlink:label="loc_bud_ImpairmentLossesOnFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ImpairmentLossesOnFinancialAssets" xml:lang="en-US">Impairment Losses On Financial Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ImpairmentLossesOnFinancialAssets" xml:lang="en-US">Impairment loss on financial investment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ImpairmentLossesOnFinancialAssets" xml:lang="en-US">Impairment losses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ImpairmentLossesOnFinancialAssets" xlink:to="lab_bud_ImpairmentLossesOnFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ImpairmentLossesOnFinancialAssets" xml:lang="en-US">Impairment Losses on Financial Assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="loc_ifrs-full_TypesOfInvestmentPropertyAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyAxis" xml:lang="en-US">Types of investment property [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyAxis" xml:lang="en-US">Types of investment property [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="lab_ifrs-full_TypesOfInvestmentPropertyAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInvestmentPropertyDomain" xlink:label="loc_ifrs-full_TypesOfInvestmentPropertyDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyDomain" xml:lang="en-US">Types of investment property [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfInvestmentPropertyDomain" xml:lang="en-US">Investment property [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInvestmentPropertyDomain" xlink:to="lab_ifrs-full_TypesOfInvestmentPropertyDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestIncomeOnCashAndCashEquivalents" xlink:label="loc_ifrs-full_InterestIncomeOnCashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestIncomeOnCashAndCashEquivalents" xml:lang="en-US">Interest income on cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestIncomeOnCashAndCashEquivalents" xml:lang="en-US">Cash and cash equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestIncomeOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_InterestIncomeOnCashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestIncomeOnDebtInstrumentsHeld" xlink:label="loc_ifrs-full_InterestIncomeOnDebtInstrumentsHeld" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestIncomeOnDebtInstrumentsHeld" xml:lang="en-US">Interest income on debt instruments held</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestIncomeOnDebtInstrumentsHeld" xml:lang="en-US">Investments in debt securities held for trading</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestIncomeOnDebtInstrumentsHeld" xlink:to="lab_ifrs-full_InterestIncomeOnDebtInstrumentsHeld" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:label="loc_ifrs-full_InterestIncomeOnOtherFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" xml:lang="en-US">Interest income on other financial assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" xml:lang="en-US">Other loans and receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:to="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromInterest" xlink:label="loc_ifrs-full_RevenueFromInterest" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RevenueFromInterest" xml:lang="en-US">Interest income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_RevenueFromInterest" xml:lang="en-US">Total</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromInterest" xlink:to="lab_ifrs-full_RevenueFromInterest" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="loc_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xml:lang="en-US">Major components of tax expense (income) [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="lab_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfIncomeTaxesTable" xlink:label="loc_bud_DisclosureOfIncomeTaxesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfIncomeTaxesTable" xml:lang="en-US">Disclosure Of Income Taxes [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfIncomeTaxesTable" xml:lang="en-US">Disclosure Of Income Taxes [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfIncomeTaxesTable" xlink:to="lab_bud_DisclosureOfIncomeTaxesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfIncomeTaxesTable" xml:lang="en-US">Schedule disclosing information related to income taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfIncomeTaxesLineItems" xlink:label="loc_bud_DisclosureOfIncomeTaxesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfIncomeTaxesLineItems" xml:lang="en-US">Disclosure Of Income Taxes [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfIncomeTaxesLineItems" xml:lang="en-US">Disclosure Of Income Taxes [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfIncomeTaxesLineItems" xlink:to="lab_bud_DisclosureOfIncomeTaxesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfIncomeTaxesLineItems" xml:lang="en-US">Line items represent concepts included in income taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xml:lang="en-US">Current tax expense (income)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xml:lang="en-US">Current year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:label="loc_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xml:lang="en-US">Adjustments for current tax of prior periods</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xml:lang="en-US">(Underprovided)/overprovided in prior years</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="lab_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xml:lang="en-US">Current tax expense (income) and adjustments for current tax of prior periods</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xml:lang="en-US">Current tax expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xml:lang="en-US">Deferred tax expense (income) relating to origination and reversal of temporary differences</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xml:lang="en-US">Origination and reversal of temporary differences</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:label="loc_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xml:lang="en-US">Deferred tax expense arising from write-down or reversal of write-down of deferred tax asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xml:lang="en-US">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:to="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" xlink:label="loc_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" xml:lang="en-US">Deferred tax expense income and adjustments for deferred tax of prior periods</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" xml:lang="en-US">Deferred tax (expense)/income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" xlink:to="lab_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" xml:lang="en-US">Deferred tax expense income and adjustment for deferred tax of prior periods.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossOfAcquiree" xlink:label="loc_ifrs-full_ProfitLossOfAcquiree" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossOfAcquiree" xml:lang="en-US">Profit (loss) of acquiree since acquisition date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProfitLossOfAcquiree" xml:lang="en-US">Profit/(loss) before tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossOfAcquiree" xlink:to="lab_ifrs-full_ProfitLossOfAcquiree" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" xlink:label="loc_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" xml:lang="en-US">Profit (loss) before tax and before share of result of associates and joint ventures</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" xml:lang="en-US">Profit before tax and before share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" xlink:to="lab_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures" xml:lang="en-US">Profit (loss) before tax and before share of result of associates and joint ventures.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AggregatedWeightedNominalTaxRate" xlink:label="loc_bud_AggregatedWeightedNominalTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AggregatedWeightedNominalTaxRate" xml:lang="en-US">Aggregated weighted nominal tax rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AggregatedWeightedNominalTaxRate" xml:lang="en-US">Aggregate weighted nominal tax rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AggregatedWeightedNominalTaxRate" xlink:to="lab_bud_AggregatedWeightedNominalTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AggregatedWeightedNominalTaxRate" xml:lang="en-US">Aggregated weighted nominal tax rate.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAmountAtAggregatedWeightedNominalTaxRate" xlink:label="loc_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" xml:lang="en-US">Tax amount at aggregated weighted nominal tax rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" xml:lang="en-US">Tax at aggregated nominal tax rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" xlink:to="lab_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAmountAtAggregatedWeightedNominalTaxRate" xml:lang="en-US">Tax amount at aggregated weighted nominal tax rate.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxableBasisAbstract" xlink:label="loc_bud_AdjustmentsOnTaxableBasisAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxableBasisAbstract" xml:lang="en-US">Adjustments on taxable basis [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsOnTaxableBasisAbstract" xml:lang="en-US">Adjustments to the tax basis</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxableBasisAbstract" xlink:to="lab_bud_AdjustmentsOnTaxableBasisAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxableBasisAbstract" xml:lang="en-US">Adjustments on taxable basis.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" xlink:label="loc_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" xml:lang="en-US">Adjustments on taxable basis of government incentives</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" xml:lang="en-US">Government incentives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" xlink:to="lab_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives" xml:lang="en-US">Adjustments on taxable basis of government incentives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" xlink:label="loc_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" xml:lang="en-US">Adjustments on taxable basis of non deductible marked to market on derivates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" xml:lang="en-US">Non-deductible/(non-taxable) mark-to-market on derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" xlink:to="lab_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates" xml:lang="en-US">Adjustments on taxable basis of non deductible marked to market on derivates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" xlink:label="loc_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" xml:lang="en-US">Adjustments on taxable basis of expenses not deductible for tax purposes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" xml:lang="en-US">Other expenses not deductible for tax purposes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" xlink:to="lab_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes" xml:lang="en-US">Adjustments on taxable basis of expenses not deductible for tax purposes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" xlink:label="loc_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" xml:lang="en-US">Adjustments on taxable basis of other non taxable income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" xml:lang="en-US">Other non-taxable income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" xlink:to="lab_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome" xml:lang="en-US">Adjustments on taxable basis of other non taxable income.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GrossAdjustmentsOnTaxableBasis" xlink:label="loc_bud_GrossAdjustmentsOnTaxableBasis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GrossAdjustmentsOnTaxableBasis" xml:lang="en-US">Gross adjustments on taxable basis</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_GrossAdjustmentsOnTaxableBasis" xml:lang="en-US">Adjusted tax basis</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GrossAdjustmentsOnTaxableBasis" xlink:to="lab_bud_GrossAdjustmentsOnTaxableBasis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GrossAdjustmentsOnTaxableBasis" xml:lang="en-US">Gross adjustments on taxable basis</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsOnTaxExpenseAbstract" xlink:label="loc_bud_AdjustmentsOnTaxExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsOnTaxExpenseAbstract" xml:lang="en-US">Adjustments on tax expense [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsOnTaxExpenseAbstract" xml:lang="en-US">Adjustments on tax expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsOnTaxExpenseAbstract" xlink:to="lab_bud_AdjustmentsOnTaxExpenseAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsOnTaxExpenseAbstract" xml:lang="en-US">Adjustments on tax expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" xlink:label="loc_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" xml:lang="en-US">Tax effect of recognition of deferred taxes assets on previous years tax losses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" xml:lang="en-US">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" xlink:to="lab_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses" xml:lang="en-US">Tax effect of recognition of deferred taxes assets on previous years tax losses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxEffectOfPriorYearAdjustments" xlink:label="loc_bud_TaxEffectOfPriorYearAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxEffectOfPriorYearAdjustments" xml:lang="en-US">Tax effect of prior year adjustments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxEffectOfPriorYearAdjustments" xml:lang="en-US">(Underprovided)/overprovided in prior years</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxEffectOfPriorYearAdjustments" xlink:to="lab_bud_TaxEffectOfPriorYearAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxEffectOfPriorYearAdjustments" xml:lang="en-US">Tax effect of prior year adjustments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxEffectOfDeductionsFromInterestOnEquity" xlink:label="loc_bud_TaxEffectOfDeductionsFromInterestOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxEffectOfDeductionsFromInterestOnEquity" xml:lang="en-US">Tax effect of deductions from interest on equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxEffectOfDeductionsFromInterestOnEquity" xml:lang="en-US">Deductions from interest on equity</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxEffectOfDeductionsFromInterestOnEquity" xlink:to="lab_bud_TaxEffectOfDeductionsFromInterestOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxEffectOfDeductionsFromInterestOnEquity" xml:lang="en-US">Tax effect of deductions from interest on equity.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxEffectFromChangeInTaxRate" xlink:label="loc_ifrs-full_TaxEffectFromChangeInTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TaxEffectFromChangeInTaxRate" xml:lang="en-US">Tax effect from change in tax rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TaxEffectFromChangeInTaxRate" xml:lang="en-US">Change in tax rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxEffectFromChangeInTaxRate" xlink:to="lab_ifrs-full_TaxEffectFromChangeInTaxRate" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxEffectOfWithholdingTaxes" xlink:label="loc_bud_TaxEffectOfWithholdingTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxEffectOfWithholdingTaxes" xml:lang="en-US">Tax Effect of Withholding Taxes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxEffectOfWithholdingTaxes" xml:lang="en-US">Withholding taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxEffectOfWithholdingTaxes" xlink:to="lab_bud_TaxEffectOfWithholdingTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxEffectOfWithholdingTaxes" xml:lang="en-US">Tax effect of withholding taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xml:lang="en-US">Other tax effects for reconciliation between accounting profit and tax expense (income)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xml:lang="en-US">Other tax adjustments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AverageEffectiveTaxRate" xlink:label="loc_ifrs-full_AverageEffectiveTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xml:lang="en-US">Average effective tax rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xml:lang="en-US">Effective tax rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageEffectiveTaxRate" xlink:to="lab_ifrs-full_AverageEffectiveTaxRate" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeductionsFromGoodwillAndOtherTaxDeductions" xlink:label="loc_bud_DeductionsFromGoodwillAndOtherTaxDeductions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeductionsFromGoodwillAndOtherTaxDeductions" xml:lang="en-US">Deductions from goodwill and other tax deductions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeductionsFromGoodwillAndOtherTaxDeductions" xml:lang="en-US">Deductions from goodwill and other tax deductions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeductionsFromGoodwillAndOtherTaxDeductions" xlink:to="lab_bud_DeductionsFromGoodwillAndOtherTaxDeductions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeductionsFromGoodwillAndOtherTaxDeductions" xml:lang="en-US">Deductions from goodwill and other tax deductions.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeductExceptionalShareOfResultsOfAssociates" xlink:label="loc_bud_DeductExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeductExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Deduct Exceptional Share Of Results Of Associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_DeductExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Deduct exceptional share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeductExceptionalShareOfResultsOfAssociates" xlink:to="lab_bud_DeductExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeductExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Deduct exceptional share of results of associates.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:label="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xml:lang="en-US">Income tax relating to remeasurements of defined benefit plans included in other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xml:lang="en-US">Re-measurements of post-employment benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" xlink:label="loc_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" xml:lang="en-US">Other comprehensive income cash flow and net investment hedges</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" xml:lang="en-US">Exchange differences, cash flow and net investment hedges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" xlink:to="lab_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges" xml:lang="en-US">Other comprehensive income cash flow and net investment hedges.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xml:lang="en-US">Income tax relating to components of other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xml:lang="en-US">Income tax (losses)/gains</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInEffectiveTaxRate" xlink:label="loc_bud_IncreaseDecreaseInEffectiveTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInEffectiveTaxRate" xml:lang="en-US">Increase decrease in effective tax rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInEffectiveTaxRate" xml:lang="en-US">Effective tax rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInEffectiveTaxRate" xlink:to="lab_bud_IncreaseDecreaseInEffectiveTaxRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInEffectiveTaxRate" xml:lang="en-US">Increase decrease in effective tax rate.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Exceptionaltaxincome" xlink:label="loc_bud_Exceptionaltaxincome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Exceptionaltaxincome" xml:lang="en-US">ExceptionalTaxIncome</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Exceptionaltaxincome" xml:lang="en-US">Exceptional Tax Income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Exceptionaltaxincome" xlink:to="lab_bud_Exceptionaltaxincome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Exceptionaltaxincome" xml:lang="en-US">Exceptional tax income.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalTaxExpenses" xlink:label="loc_bud_ExceptionalTaxExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalTaxExpenses" xml:lang="en-US">Exceptional Tax Expenses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExceptionalTaxExpenses" xml:lang="en-US">Exceptional tax expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalTaxExpenses" xlink:to="lab_bud_ExceptionalTaxExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalTaxExpenses" xml:lang="en-US">Exceptional tax expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BrazilianfederaltaxmattarsMember" xlink:label="loc_bud_BrazilianfederaltaxmattarsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BrazilianfederaltaxmattarsMember" xml:lang="en-US">BrazilianFederalTaxMattars [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BrazilianfederaltaxmattarsMember" xml:lang="en-US">Brazilian Federal Tax Mattars [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BrazilianfederaltaxmattarsMember" xlink:to="lab_bud_BrazilianfederaltaxmattarsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PropertyPlantAndEquipmentOwnedMember" xlink:label="loc_bud_PropertyPlantAndEquipmentOwnedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PropertyPlantAndEquipmentOwnedMember" xml:lang="en-US">Property Plant And Equipment Owned [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_PropertyPlantAndEquipmentOwnedMember" xml:lang="en-US">Property, plant and equipment owned [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PropertyPlantAndEquipmentOwnedMember" xlink:to="lab_bud_PropertyPlantAndEquipmentOwnedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PropertyPlantAndEquipmentOwnedMember" xml:lang="en-US">Property Plant And Equipment Owned.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PropertyPlantAndEquipmentLeasedMember" xlink:label="loc_bud_PropertyPlantAndEquipmentLeasedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PropertyPlantAndEquipmentLeasedMember" xml:lang="en-US">Property Plant And Equipment Leased [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_PropertyPlantAndEquipmentLeasedMember" xml:lang="en-US">Property, plant and equipment leased (right-of-use assets) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PropertyPlantAndEquipmentLeasedMember" xlink:to="lab_bud_PropertyPlantAndEquipmentLeasedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PropertyPlantAndEquipmentLeasedMember" xml:lang="en-US">Property Plant And Equipment Leased.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-full_CarryingAmountMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CarryingAmountMember" xml:lang="en-US">Carrying amount [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CarryingAmountMember" xml:lang="en-US">Carrying amount [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AcquisitionCostMember" xlink:label="loc_bud_AcquisitionCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AcquisitionCostMember" xml:lang="en-US">Acquisition Cost [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AcquisitionCostMember" xml:lang="en-US">Acquisition cost [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AcquisitionCostMember" xlink:to="lab_bud_AcquisitionCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AcquisitionCostMember" xml:lang="en-US">Acquisition cost.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:label="loc_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xml:lang="en-US">Accumulated depreciation, amortisation and impairment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xml:lang="en-US">Depreciation and impairment losses [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xml:lang="en-US">Amortization and impairment losses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LandAndBuildingsMember" xlink:label="loc_ifrs-full_LandAndBuildingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xml:lang="en-US">Land and buildings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xml:lang="en-US">Land and buildings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandAndBuildingsMember" xlink:to="lab_ifrs-full_LandAndBuildingsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlantAndEquipmentFixturesAndFittingsMember" xlink:label="loc_bud_PlantAndEquipmentFixturesAndFittingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlantAndEquipmentFixturesAndFittingsMember" xml:lang="en-US">Plant and equipment fixtures and fittings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PlantAndEquipmentFixturesAndFittingsMember" xml:lang="en-US">Plant and equipment fixtures and fittings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlantAndEquipmentFixturesAndFittingsMember" xlink:to="lab_bud_PlantAndEquipmentFixturesAndFittingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlantAndEquipmentFixturesAndFittingsMember" xml:lang="en-US">Plant and equipment fixtures and fittings.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="loc_ifrs-full_ConstructionInProgressMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ConstructionInProgressMember" xml:lang="en-US">Construction in progress [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ConstructionInProgressMember" xml:lang="en-US">Under construction [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConstructionInProgressMember" xlink:to="lab_ifrs-full_ConstructionInProgressMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xml:lang="en-US">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US">Acquisitions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xml:lang="en-US">Depreciation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US">Acquisitions through business combinations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" xml:lang="en-US">Decrease through loss of control of subsidiary, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" xml:lang="en-US">Disposals through the sale of subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xml:lang="en-US">Impairment losses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xml:lang="en-US">Increase (decrease) through transfers and other changes, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xml:lang="en-US">Transfer (to)/from other asset categories and other movements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" xml:lang="en-US">Disposals and retirements, property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" xml:lang="en-US">Disposals&#160;through sale and derecognition</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProductionFacilitiesMember" xlink:label="loc_bud_ProductionFacilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProductionFacilitiesMember" xml:lang="en-US">Production facilities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProductionFacilitiesMember" xml:lang="en-US">Production facilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProductionFacilitiesMember" xlink:to="lab_bud_ProductionFacilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProductionFacilitiesMember" xml:lang="en-US">Production facilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LogisticsAndCommercialInvestmentsMember" xlink:label="loc_bud_LogisticsAndCommercialInvestmentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LogisticsAndCommercialInvestmentsMember" xml:lang="en-US">Logistics and commercial investments [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LogisticsAndCommercialInvestmentsMember" xml:lang="en-US">Logistics and commercial investments [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LogisticsAndCommercialInvestmentsMember" xlink:to="lab_bud_LogisticsAndCommercialInvestmentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LogisticsAndCommercialInvestmentsMember" xml:lang="en-US">Logistics and commercial investments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" xlink:label="loc_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" xml:lang="en-US">Administrative capabilities and purchase of hardware and software Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" xml:lang="en-US">Administrative capabilities and purchase of hardware and software [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" xlink:to="lab_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember" xml:lang="en-US">Administrative capabilities and purchase of hardware and software.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US">Contractual commitments to purchase property, plant and equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US">Commitments to purchase property plant and equipment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CapitalExpendituresPropertyPlantAndEquipment" xlink:label="loc_bud_CapitalExpendituresPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CapitalExpendituresPropertyPlantAndEquipment" xml:lang="en-US">Capital Expenditures Property Plant And Equipment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CapitalExpendituresPropertyPlantAndEquipment" xml:lang="en-US">AB InBev's net capital expenditures in the statement of cash flow</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CapitalExpendituresPropertyPlantAndEquipment" xlink:to="lab_bud_CapitalExpendituresPropertyPlantAndEquipment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CapitalExpendituresPropertyPlantAndEquipment" xml:lang="en-US">Capital expenditures property plant and equipment.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsToWhichSignificantRestrictionsApply" xlink:label="loc_ifrs-full_AssetsToWhichSignificantRestrictionsApply" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AssetsToWhichSignificantRestrictionsApply" xml:lang="en-US">Assets to which significant restrictions apply</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AssetsToWhichSignificantRestrictionsApply" xml:lang="en-US">Assets to which significant restrictions apply</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsToWhichSignificantRestrictionsApply" xlink:to="lab_ifrs-full_AssetsToWhichSignificantRestrictionsApply" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OperatingLeaseContractMaturityTerm" xlink:label="loc_bud_OperatingLeaseContractMaturityTerm" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OperatingLeaseContractMaturityTerm" xml:lang="en-US">Operating Lease Contract Maturity Term</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OperatingLeaseContractMaturityTerm" xml:lang="en-US">Lease agreement term</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OperatingLeaseContractMaturityTerm" xlink:to="lab_bud_OperatingLeaseContractMaturityTerm" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OperatingLeaseContractMaturityTerm" xml:lang="en-US">Operating Lease Contract Maturity Term.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OperatingLeaseInitialPeriod" xlink:label="loc_bud_OperatingLeaseInitialPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OperatingLeaseInitialPeriod" xml:lang="en-US">Operating Lease Initial Period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OperatingLeaseInitialPeriod" xml:lang="en-US">Operating lease initial period (in years)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OperatingLeaseInitialPeriod" xlink:to="lab_bud_OperatingLeaseInitialPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OperatingLeaseInitialPeriod" xml:lang="en-US">Operating lease initial period.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="loc_ifrs-full_AdditionsToRightofuseAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xml:lang="en-US">Additions to right-of-use assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xml:lang="en-US">Additions to right of use assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsToRightofuseAssets" xlink:to="lab_ifrs-full_AdditionsToRightofuseAssets" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SubleaseExpirationPeriod" xlink:label="loc_bud_SubleaseExpirationPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SubleaseExpirationPeriod" xml:lang="en-US">Sublease expiration period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_SubleaseExpirationPeriod" xml:lang="en-US">Sublease average outstanding period (in years)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SubleaseExpirationPeriod" xlink:to="lab_bud_SubleaseExpirationPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SubleaseExpirationPeriod" xml:lang="en-US">Sublease expiration period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfImproveTheProductionFacilities" xlink:label="loc_bud_PercentageOfImproveTheProductionFacilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfImproveTheProductionFacilities" xml:lang="en-US">Percentage Of Improve The Production Facilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfImproveTheProductionFacilities" xml:lang="en-US">Percentage of improve the production facilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfImproveTheProductionFacilities" xlink:to="lab_bud_PercentageOfImproveTheProductionFacilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfImproveTheProductionFacilities" xml:lang="en-US">Percentage of improve the production facilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" xlink:label="loc_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" xml:lang="en-US">Percentage Of Improving Administrative Capabilities And For The Purchase Of Hardware And Software</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" xml:lang="en-US">Percentage of improving administrative capabilities and for the purchase of hardware and software</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" xlink:to="lab_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware" xml:lang="en-US">Percentage of improving administrative capabilities and for the purchase of hardware and software.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:label="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xml:lang="en-US">Income from subleasing right-of-use assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:to="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:label="loc_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xml:lang="en-US">Undiscounted operating lease payments to be received</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" xlink:to="lab_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" xml:lang="en-US">Property, plant and equipment by operating lease status [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" xml:lang="en-US">Property, plant and equipment by operating lease status [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xml:lang="en-US">Property, plant and equipment not subject to operating leases [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xml:lang="en-US">Property, plant and equipment not subject to operating leases [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xml:lang="en-US">Classes of assets [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xml:lang="en-US">Classes of assets [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xml:lang="en-US">Classes of assets [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xml:lang="en-US">Classes of assets [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis" xlink:label="loc_bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis" xml:lang="en-US">Arrangements Involving About Legal Form Of Lease [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis" xlink:to="lab_bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArrangementsInvolvingAboutLegalFormOfLeaseMember" xlink:label="loc_bud_ArrangementsInvolvingAboutLegalFormOfLeaseMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArrangementsInvolvingAboutLegalFormOfLeaseMember" xml:lang="en-US">Arrangements Involving About Legal Form Of Lease [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArrangementsInvolvingAboutLegalFormOfLeaseMember" xlink:to="lab_bud_ArrangementsInvolvingAboutLegalFormOfLeaseMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DutchAndBelgianPubRealEstateMember" xlink:label="loc_bud_DutchAndBelgianPubRealEstateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DutchAndBelgianPubRealEstateMember" xml:lang="en-US">Dutch and Belgian pub real estate [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DutchAndBelgianPubRealEstateMember" xlink:to="lab_bud_DutchAndBelgianPubRealEstateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DutchAndBelgianPubRealEstateMember" xml:lang="en-US">Dutch and Belgian pub real estate.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-full_MaturityAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MaturityAxis" xml:lang="en-US">Maturity [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MaturityAxis" xml:lang="en-US">Maturity [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityDomain" xlink:label="loc_ifrs-full_MaturityDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MaturityDomain" xml:lang="en-US">Maturity [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MaturityDomain" xml:lang="en-US">Maturity [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xml:lang="en-US">Not later than one year [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xml:lang="en-US">Less than 1 year [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US">Later than two years and not later than five years [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xml:lang="en-US">Later than five years [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xml:lang="en-US">Greater than 5 years [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssets" xlink:label="loc_ifrs-full_RightofuseAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RightofuseAssets" xml:lang="en-US">Right-of-use assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_RightofuseAssets" xml:lang="en-US">Right-of-use assets, net carrying amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssets" xlink:to="lab_ifrs-full_RightofuseAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="loc_ifrs-full_DepreciationRightofuseAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xml:lang="en-US">Right-of-use assets, depreciation for the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationRightofuseAssets" xlink:to="lab_ifrs-full_DepreciationRightofuseAssets" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MachineryEquipmentAndOtherMember" xlink:label="loc_bud_MachineryEquipmentAndOtherMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MachineryEquipmentAndOtherMember" xml:lang="en-US">Machinery Equipment And Other [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_MachineryEquipmentAndOtherMember" xml:lang="en-US">Machinery, equipment and other [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MachineryEquipmentAndOtherMember" xlink:to="lab_bud_MachineryEquipmentAndOtherMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MachineryEquipmentAndOtherMember" xml:lang="en-US">Machinery Equipment And Other.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:label="loc_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xml:lang="en-US">Reconciliation of changes in goodwill [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInGoodwillAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xml:lang="en-US">Gross carrying amount [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xml:lang="en-US">Acquisition cost [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xml:lang="en-US">Gross carrying amount [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedImpairmentMember" xlink:label="loc_ifrs-full_AccumulatedImpairmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xml:lang="en-US">Accumulated impairment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xml:lang="en-US">Impairment losses [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedImpairmentMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xml:lang="en-US">Increase (decrease) through net exchange differences, goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HyperinflationMonetaryAdjustments" xlink:label="loc_bud_HyperinflationMonetaryAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HyperinflationMonetaryAdjustments" xml:lang="en-US">Hyperinflation monetary adjustments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HyperinflationMonetaryAdjustments" xml:lang="en-US">Hyperinflation monetary adjustments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HyperinflationMonetaryAdjustments" xlink:to="lab_bud_HyperinflationMonetaryAdjustments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HyperinflationMonetaryAdjustments" xml:lang="en-US">Hyperinflation monetary adjustments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" xml:lang="en-US">Increase (decrease) through transfers and other changes, intangible assets and goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" xml:lang="en-US">Transfers (to)/from other assets categories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfGoodwillToTotalAssets" xlink:label="loc_bud_PercentageOfGoodwillToTotalAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfGoodwillToTotalAssets" xml:lang="en-US">Percentage of goodwill to total assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfGoodwillToTotalAssets" xml:lang="en-US">Percentage of goodwill to total assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfGoodwillToTotalAssets" xlink:to="lab_bud_PercentageOfGoodwillToTotalAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfGoodwillToTotalAssets" xml:lang="en-US">Percentage of goodwill to total assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CostToSellExpectedToReachAsPercentageOfEntityValue" xlink:label="loc_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" xml:lang="en-US">Cost to Sell Expected To Reach As Percentage of Entity Value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" xml:lang="en-US">Cost to sell expected to reach as percentage of entity value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" xlink:to="lab_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CostToSellExpectedToReachAsPercentageOfEntityValue" xml:lang="en-US">Cost to Sell Expected To Reach As Percentage of Entity Value</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:label="loc_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xml:lang="en-US">Growth rate used to extrapolate cash flow projections</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xml:lang="en-US">Growth rate used to extrapolate cash flow projections</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="lab_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xml:lang="en-US">Percentage of reasonably possible increase in unobservable input, assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xml:lang="en-US">Percentage of reasonably possible increase in unobservable input,assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xml:lang="en-US">Classes of intangible assets and goodwill [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodwillMember" xlink:label="loc_ifrs-full_GoodwillMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GoodwillMember" xml:lang="en-US">Goodwill [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GoodwillMember" xml:lang="en-US">Goodwill [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodwillMember" xlink:to="lab_ifrs-full_GoodwillMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xml:lang="en-US">Cash-generating units [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xml:lang="en-US">Cash-generating units [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProbabilityScenarioOfGoodwillImpairmentAxis" xlink:label="loc_bud_ProbabilityScenarioOfGoodwillImpairmentAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProbabilityScenarioOfGoodwillImpairmentAxis" xml:lang="en-US">Probability Scenario Of Goodwill Impairment [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProbabilityScenarioOfGoodwillImpairmentAxis" xlink:to="lab_bud_ProbabilityScenarioOfGoodwillImpairmentAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProbabilityScenarioOfGoodwillImpairmentMember" xlink:label="loc_bud_ProbabilityScenarioOfGoodwillImpairmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProbabilityScenarioOfGoodwillImpairmentMember" xml:lang="en-US">Probability Scenario Of Goodwill Impairment [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProbabilityScenarioOfGoodwillImpairmentMember" xlink:to="lab_bud_ProbabilityScenarioOfGoodwillImpairmentMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProbabilityAxis" xlink:label="loc_bud_ProbabilityAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProbabilityAxis" xml:lang="en-US">Probability [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProbabilityAxis" xlink:to="lab_bud_ProbabilityAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProbabilityMember" xlink:label="loc_bud_ProbabilityMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProbabilityMember" xml:lang="en-US">Probability [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProbabilityMember" xlink:to="lab_bud_ProbabilityMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-full_ProbabilityOfDefaultAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProbabilityOfDefaultAxis" xml:lang="en-US">Probability of default [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProbabilityOfDefaultAxis" xlink:to="lab_ifrs-full_ProbabilityOfDefaultAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProbabilityOfDefaultDomain" xlink:label="loc_ifrs-full_ProbabilityOfDefaultDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProbabilityOfDefaultDomain" xml:lang="en-US">Probability of default [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProbabilityOfDefaultDomain" xlink:to="lab_ifrs-full_ProbabilityOfDefaultDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnobservableInputsAxis" xlink:label="loc_ifrs-full_UnobservableInputsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_UnobservableInputsAxis" xml:lang="en-US">Unobservable inputs [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnobservableInputsAxis" xlink:to="lab_ifrs-full_UnobservableInputsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnobservableInputsDomain" xlink:label="loc_ifrs-full_UnobservableInputsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_UnobservableInputsDomain" xml:lang="en-US">Unobservable inputs [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnobservableInputsDomain" xlink:to="lab_ifrs-full_UnobservableInputsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" xlink:label="loc_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" xml:lang="en-US">Weighted average cost of capital, measurement input [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" xlink:to="lab_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCarryingAmountOfGoodwillAbstract" xlink:label="loc_bud_DisclosureOfCarryingAmountOfGoodwillAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillAbstract" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCarryingAmountOfGoodwillAbstract" xlink:to="lab_bud_DisclosureOfCarryingAmountOfGoodwillAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillAbstract" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCarryingAmountOfGoodwillTable" xlink:label="loc_bud_DisclosureOfCarryingAmountOfGoodwillTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillTable" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillTable" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCarryingAmountOfGoodwillTable" xlink:to="lab_bud_DisclosureOfCarryingAmountOfGoodwillTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillTable" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCarryingAmountOfGoodwillLineItems" xlink:label="loc_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" xml:lang="en-US">Disclosure Of Carrying Amount Of Goodwill [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" xlink:to="lab_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCarryingAmountOfGoodwillLineItems" xml:lang="en-US">Disclosure of carrying amount of goodwill.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CO" xlink:label="loc_country_CO" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CO" xml:lang="en-US">COLOMBIA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CO" xml:lang="en-US">Colombia [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CO" xlink:to="lab_country_CO" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ZA" xlink:label="loc_country_ZA" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_ZA" xml:lang="en-US">SOUTH AFRICA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_ZA" xml:lang="en-US">South Africa [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ZA" xlink:to="lab_country_ZA" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_MX" xlink:label="loc_country_MX" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_MX" xml:lang="en-US">MEXICO</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_MX" xml:lang="en-US">Mexico [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_MX" xlink:to="lab_country_MX" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherAfricanCountriesMember" xlink:label="loc_bud_OtherAfricanCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherAfricanCountriesMember" xml:lang="en-US">Other African countries [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherAfricanCountriesMember" xml:lang="en-US">Rest of Africa [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherAfricanCountriesMember" xlink:to="lab_bud_OtherAfricanCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherAfricanCountriesMember" xml:lang="en-US">Other African countries.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CN" xlink:label="loc_country_CN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CN" xml:lang="en-US">CHINA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CN" xml:lang="en-US">China [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CN" xlink:to="lab_country_CN" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherCountriesMember" xlink:label="loc_bud_OtherCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherCountriesMember" xml:lang="en-US">Other Countries [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherCountriesMember" xml:lang="en-US">Global Export and Holding Companies [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherCountriesMember" xlink:to="lab_bud_OtherCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherCountriesMember" xml:lang="en-US">Other countries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherNorthAmericaCountriesMember" xlink:label="loc_bud_OtherNorthAmericaCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherNorthAmericaCountriesMember" xml:lang="en-US">Other North America Countries [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherNorthAmericaCountriesMember" xml:lang="en-US">Rest of North America [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherNorthAmericaCountriesMember" xlink:to="lab_bud_OtherNorthAmericaCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherNorthAmericaCountriesMember" xml:lang="en-US">Other North America Countries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MiddleAmericasCountriesMember" xlink:label="loc_bud_MiddleAmericasCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MiddleAmericasCountriesMember" xml:lang="en-US">Middle Americas Countries [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_MiddleAmericasCountriesMember" xml:lang="en-US">Rest of Middle Americas [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MiddleAmericasCountriesMember" xlink:to="lab_bud_MiddleAmericasCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MiddleAmericasCountriesMember" xml:lang="en-US">Middle Americas Countries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherSouthAmericaCountriesMember" xlink:label="loc_bud_OtherSouthAmericaCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherSouthAmericaCountriesMember" xml:lang="en-US">Other South America countries [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherSouthAmericaCountriesMember" xml:lang="en-US">Rest of South America [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherSouthAmericaCountriesMember" xlink:to="lab_bud_OtherSouthAmericaCountriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherSouthAmericaCountriesMember" xml:lang="en-US">Other South America countries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AsiaPacificCountresMember" xlink:label="loc_bud_AsiaPacificCountresMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AsiaPacificCountresMember" xml:lang="en-US">Asia Pacific Countres [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AsiaPacificCountresMember" xml:lang="en-US">Rest of Asia Pacific [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_bud_AsiaPacificCountresMember" xml:lang="en-US">Rest of Asia Pacific [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AsiaPacificCountresMember" xlink:to="lab_bud_AsiaPacificCountresMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AsiaPacificCountresMember" xml:lang="en-US">Asia pacific countres.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_EuropeMember" xlink:label="loc_srt_EuropeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_EuropeMember" xml:lang="en-US">Europe [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_srt_EuropeMember" xml:lang="en-US">Europe [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EuropeMember" xlink:to="lab_srt_EuropeMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" xlink:label="loc_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" xml:lang="en-US">Weighted Average Cost Of Capital Of Significant Unobservable Inputs Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" xml:lang="en-US">Weighted average cost of capital</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" xlink:to="lab_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets" xml:lang="en-US">Weighted average cost of capital of significant unobservable inputs assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xml:lang="en-US">Disclosure of detailed information about intangible assets [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BrandNamesMember" xlink:label="loc_ifrs-full_BrandNamesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BrandNamesMember" xml:lang="en-US">Brand names [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BrandNamesMember" xml:lang="en-US">Brands [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BrandNamesMember" xlink:to="lab_ifrs-full_BrandNamesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommercialIntangibleAssetsMember" xlink:label="loc_bud_CommercialIntangibleAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommercialIntangibleAssetsMember" xml:lang="en-US">Commercial intangible assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommercialIntangibleAssetsMember" xml:lang="en-US">Commercial intangibles [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommercialIntangibleAssetsMember" xlink:to="lab_bud_CommercialIntangibleAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommercialIntangibleAssetsMember" xml:lang="en-US">Commercial intangible assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="loc_ifrs-full_ComputerSoftwareMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xml:lang="en-US">Computer software [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xml:lang="en-US">Software [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComputerSoftwareMember" xlink:to="lab_ifrs-full_ComputerSoftwareMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="loc_ifrs-full_OtherIntangibleAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xml:lang="en-US">Other intangible assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xml:lang="en-US">Other [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIntangibleAssetsMember" xlink:to="lab_ifrs-full_OtherIntangibleAssetsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Acquisitions through business combinations, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Acquisitions through business combinations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Amortisation, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Amortization</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Additions other than through business combinations, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Acquisitions and expenditures</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Increase (decrease) through transfers and other changes, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Transfer (to)/from other asset categories and other movements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Impairment loss recognised in profit or loss, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Impairment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Disposals and retirements, intangible assets other than goodwill</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US">Disposals through sale and derecognition</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementAxis" xlink:label="loc_ifrs-full_MeasurementAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MeasurementAxis" xml:lang="en-US">Measurement [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MeasurementAxis" xml:lang="en-US">Measurement [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementAxis" xlink:to="lab_ifrs-full_MeasurementAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementDomain" xlink:label="loc_ifrs-full_MeasurementDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MeasurementDomain" xml:lang="en-US">Measurement [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementDomain" xlink:to="lab_ifrs-full_MeasurementDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtCostMember" xlink:label="loc_ifrs-full_AtCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AtCostMember" xml:lang="en-US">At cost [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AtCostMember" xml:lang="en-US">Acquisition cost [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AtCostMember" xlink:to="lab_ifrs-full_AtCostMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" xlink:label="loc_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" xml:lang="en-US">Intangible assets with indefinite useful life [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" xml:lang="en-US">Intangible Assets With Indefinite Useful Life [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" xlink:to="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IntangibleAssetsWithFiniteUsefulLifeMember" xlink:label="loc_bud_IntangibleAssetsWithFiniteUsefulLifeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IntangibleAssetsWithFiniteUsefulLifeMember" xml:lang="en-US">Intangible assets with finite useful life [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IntangibleAssetsWithFiniteUsefulLifeMember" xml:lang="en-US">Intangible Assets With Finite Useful Life [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IntangibleAssetsWithFiniteUsefulLifeMember" xlink:to="lab_bud_IntangibleAssetsWithFiniteUsefulLifeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IntangibleAssetsWithFiniteUsefulLifeMember" xml:lang="en-US">Intangible assets with finite useful life member.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ResearchAndDevelopmentExpense" xlink:label="loc_ifrs-full_ResearchAndDevelopmentExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ResearchAndDevelopmentExpense" xml:lang="en-US">Research and development expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ResearchAndDevelopmentExpense" xml:lang="en-US">Intangible assets expensed research and development</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ResearchAndDevelopmentExpense" xlink:to="lab_ifrs-full_ResearchAndDevelopmentExpense" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DetailsAxis" xlink:label="loc_bud_DetailsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DetailsAxis" xml:lang="en-US">Details [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DetailsAxis" xlink:to="lab_bud_DetailsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DetailsAxis" xml:lang="en-US">Details [Axis].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DetailsMember" xlink:label="loc_bud_DetailsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DetailsMember" xml:lang="en-US">Details [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DetailsMember" xlink:to="lab_bud_DetailsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DetailsMember" xml:lang="en-US">Details [Member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" xlink:label="loc_bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" xml:lang="en-US">Intangible Assets Research And Development Expenses Expensed [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" xlink:to="lab_bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember" xml:lang="en-US">Intangible Assets Research And Development Expenses Expensed [Member].</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeAbstract" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeAbstract" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeAbstract" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xlink:label="loc_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xml:lang="en-US">Intangible assets with indefinite useful life [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xml:lang="en-US">Intangible assets with indefinite useful life [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xlink:to="lab_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IntangibleAssetsWithInfiniteUsefulLifeMember" xlink:label="loc_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" xml:lang="en-US">Intangible assets with infinite useful life [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" xml:lang="en-US">Intangible assets with indefinite useful lives [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" xlink:to="lab_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IntangibleAssetsWithInfiniteUsefulLifeMember" xml:lang="en-US">Intangible assets with infinite useful life member.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract" xml:lang="en-US">Disclosure of associates [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xml:lang="en-US">Disclosure of associates [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xml:lang="en-US">Disclosure of associates [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xml:lang="en-US">Disclosure of associates [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xml:lang="en-US">Disclosure of associates [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EffectOfMovementsInForeignExchange" xlink:label="loc_bud_EffectOfMovementsInForeignExchange" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EffectOfMovementsInForeignExchange" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EffectOfMovementsInForeignExchange" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EffectOfMovementsInForeignExchange" xlink:to="lab_bud_EffectOfMovementsInForeignExchange" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EffectOfMovementsInForeignExchange" xml:lang="en-US">Effect of movements in foreign exchange.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceived" xlink:label="loc_ifrs-full_DividendsReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsReceived" xml:lang="en-US">Dividends received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DividendsReceived" xml:lang="en-US">Dividends received</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceived" xlink:to="lab_ifrs-full_DividendsReceived" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ShareOfResultsOfAssociates" xlink:label="loc_bud_ShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ShareOfResultsOfAssociates" xml:lang="en-US">Share of results of associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ShareOfResultsOfAssociates" xml:lang="en-US">Share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ShareOfResultsOfAssociates" xlink:to="lab_bud_ShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ShareOfResultsOfAssociates" xml:lang="en-US">Share of results of associates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" xlink:label="loc_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Investments In Associates Adjustment Towards Exceptional Share of Results of Associates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Exceptional share of results of associates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" xlink:to="lab_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates" xml:lang="en-US">Investments in associates adjustment towards exceptional share of results of associates.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CastelMember" xlink:label="loc_bud_CastelMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CastelMember" xml:lang="en-US">Castel [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CastelMember" xml:lang="en-US">Castel [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CastelMember" xlink:to="lab_bud_CastelMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CastelMember" xml:lang="en-US">Castel.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EfesMember" xlink:label="loc_bud_EfesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EfesMember" xml:lang="en-US">Efes [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EfesMember" xml:lang="en-US">Anadolu Efes [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EfesMember" xlink:to="lab_bud_EfesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EfesMember" xml:lang="en-US">Efes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xml:lang="en-US">Associates [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xml:lang="en-US">Associates [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xml:lang="en-US">Associates [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" xlink:label="loc_ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" xml:lang="en-US">Aggregated individually immaterial associates [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" xml:lang="en-US">Aggregated individually immaterial associates [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" xlink:to="lab_ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSummarizedFinancialInformationAbstract" xlink:label="loc_bud_DisclosureOfSummarizedFinancialInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationAbstract" xml:lang="en-US">Disclosure of summarized financial information [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSummarizedFinancialInformationAbstract" xlink:to="lab_bud_DisclosureOfSummarizedFinancialInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationAbstract" xml:lang="en-US">Disclosure of summarized financial information.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSummarizedFinancialInformationTable" xlink:label="loc_bud_DisclosureOfSummarizedFinancialInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationTable" xml:lang="en-US">Disclosure of summarized financial information [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationTable" xml:lang="en-US">Disclosure of summarized financial information [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSummarizedFinancialInformationTable" xlink:to="lab_bud_DisclosureOfSummarizedFinancialInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationTable" xml:lang="en-US">Schedule disclosing summarized financial information.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSummarizedFinancialInformationLineItems" xlink:label="loc_bud_DisclosureOfSummarizedFinancialInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationLineItems" xml:lang="en-US">Disclosure of summarized financial information [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationLineItems" xml:lang="en-US">Disclosure of summarized financial information [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSummarizedFinancialInformationLineItems" xlink:to="lab_bud_DisclosureOfSummarizedFinancialInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSummarizedFinancialInformationLineItems" xml:lang="en-US">Line items represents disclosure of summarized financial information.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetAssetsLiabilities" xlink:label="loc_ifrs-full_NetAssetsLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xml:lang="en-US">Assets (liabilities)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xml:lang="en-US">Net assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetAssetsLiabilities" xlink:to="lab_ifrs-full_NetAssetsLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDeferredTaxesAbstract" xlink:label="loc_bud_DisclosureOfDeferredTaxesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDeferredTaxesAbstract" xml:lang="en-US">Disclosure of deferred taxes [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDeferredTaxesAbstract" xlink:to="lab_bud_DisclosureOfDeferredTaxesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDeferredTaxesAbstract" xml:lang="en-US">Disclosure of deferred taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDeferredTaxesTable" xlink:label="loc_bud_DisclosureOfDeferredTaxesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDeferredTaxesTable" xml:lang="en-US">Disclosure Of Deferred Taxes [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDeferredTaxesTable" xml:lang="en-US">Disclosure Of Deferred Taxes [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDeferredTaxesTable" xlink:to="lab_bud_DisclosureOfDeferredTaxesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDeferredTaxesTable" xml:lang="en-US">Disclosure Of Deferred Taxes [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDeferredTaxesLineItems" xlink:label="loc_bud_DisclosureOfDeferredTaxesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDeferredTaxesLineItems" xml:lang="en-US">Disclosure Of Deferred Taxes [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDeferredTaxesLineItems" xml:lang="en-US">Disclosure Of Deferred Taxes [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDeferredTaxesLineItems" xlink:to="lab_bud_DisclosureOfDeferredTaxesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDeferredTaxesLineItems" xml:lang="en-US">Disclosure Of Deferred Taxes [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="loc_ifrs-full_DeferredTaxLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xml:lang="en-US">Deferred tax liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xml:lang="en-US">Net</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xml:lang="en-US">Ending balance</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_DeferredTaxLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetDeferredTaxEntityAssets" xlink:label="loc_bud_NetDeferredTaxEntityAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetDeferredTaxEntityAssets" xml:lang="en-US">Net deferred tax entity assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetDeferredTaxEntityAssets" xml:lang="en-US">Netting by taxable entity - Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetDeferredTaxEntityAssets" xlink:to="lab_bud_NetDeferredTaxEntityAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetDeferredTaxEntityAssets" xml:lang="en-US">Net deferred tax entity assets</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetDeferredTaxEntityLiability" xlink:label="loc_bud_NetDeferredTaxEntityLiability" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetDeferredTaxEntityLiability" xml:lang="en-US">Net deferred tax entity liability</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_NetDeferredTaxEntityLiability" xml:lang="en-US">Netting by taxable entity - Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetDeferredTaxEntityLiability" xlink:to="lab_bud_NetDeferredTaxEntityLiability" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetDeferredTaxEntityLiability" xml:lang="en-US">Net deferred tax entity liability.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="loc_ifrs-full_NetDeferredTaxAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xml:lang="en-US">Net deferred tax assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xml:lang="en-US">Net deferred tax assets/(liabilities), Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxAssets" xlink:to="lab_ifrs-full_NetDeferredTaxAssets" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxLiabilities" xlink:label="loc_ifrs-full_NetDeferredTaxLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xml:lang="en-US">Net deferred tax liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xml:lang="en-US">Net deferred tax assets/(liabilities), Liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xml:lang="en-US">Net deferred tax liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxLiabilities" xlink:to="lab_ifrs-full_NetDeferredTaxLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetDeferredTaxAssetsLiabilities" xlink:label="loc_bud_NetDeferredTaxAssetsLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetDeferredTaxAssetsLiabilities" xml:lang="en-US">Net Deferred Tax Assets (Liabilities)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_NetDeferredTaxAssetsLiabilities" xml:lang="en-US">Net deferred tax assets/(liabilities), Net</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetDeferredTaxAssetsLiabilities" xlink:to="lab_bud_NetDeferredTaxAssetsLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetDeferredTaxAssetsLiabilities" xml:lang="en-US">Net deferred tax assets (liabilities).</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xml:lang="en-US">Property, plant and equipment [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xml:lang="en-US">Property, Plant and Equipment [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IntangiblesMember" xlink:label="loc_bud_IntangiblesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IntangiblesMember" xml:lang="en-US">Intangibles [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IntangiblesMember" xml:lang="en-US">Intangible assets [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IntangiblesMember" xlink:to="lab_bud_IntangiblesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IntangiblesMember" xml:lang="en-US">Intangibles [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InventoryMember" xlink:label="loc_bud_InventoryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InventoryMember" xml:lang="en-US">Inventory [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InventoryMember" xml:lang="en-US">Inventory [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InventoryMember" xlink:to="lab_bud_InventoryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InventoryMember" xml:lang="en-US">Inventory.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradesAndOtherReceivablesMember" xlink:label="loc_bud_TradesAndOtherReceivablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradesAndOtherReceivablesMember" xml:lang="en-US">Trades and other receivables [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradesAndOtherReceivablesMember" xml:lang="en-US">Trades and other receivables [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradesAndOtherReceivablesMember" xlink:to="lab_bud_TradesAndOtherReceivablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradesAndOtherReceivablesMember" xml:lang="en-US">Trades and other receivables [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterestBearingLoansAndBorrowingsMember" xlink:label="loc_bud_InterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Interest bearing loans and borrowings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Interest bearing loans and borrowings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterestBearingLoansAndBorrowingsMember" xlink:to="lab_bud_InterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Interest bearing loans and borrowings.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProvisionsMember" xlink:label="loc_bud_ProvisionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProvisionsMember" xml:lang="en-US">Provisions [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProvisionsMember" xml:lang="en-US">Provisions [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProvisionsMember" xlink:to="lab_bud_ProvisionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProvisionsMember" xml:lang="en-US">Provisions [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-full_DerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DerivativesMember" xml:lang="en-US">Derivatives [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DerivativesMember" xml:lang="en-US">Derivatives [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativesMember" xlink:to="lab_ifrs-full_DerivativesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherItemsMember" xlink:label="loc_bud_OtherItemsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherItemsMember" xml:lang="en-US">Other items [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherItemsMember" xml:lang="en-US">Other items [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherItemsMember" xlink:to="lab_bud_OtherItemsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherItemsMember" xml:lang="en-US">Other items [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LossCarryForwardsMember" xlink:label="loc_bud_LossCarryForwardsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LossCarryForwardsMember" xml:lang="en-US">Loss Carry Forwards [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LossCarryForwardsMember" xml:lang="en-US">Loss carry forwards [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LossCarryForwardsMember" xlink:to="lab_bud_LossCarryForwardsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LossCarryForwardsMember" xml:lang="en-US">Loss Carry Forwards member.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredIncomeTaxAssetsLiabilitiesMember" xlink:label="loc_bud_DeferredIncomeTaxAssetsLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredIncomeTaxAssetsLiabilitiesMember" xml:lang="en-US">Deferred Income Tax Assets (Liabilities) [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredIncomeTaxAssetsLiabilitiesMember" xml:lang="en-US">Gross deferred tax assets/(liabilities) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredIncomeTaxAssetsLiabilitiesMember" xlink:to="lab_bud_DeferredIncomeTaxAssetsLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredIncomeTaxAssetsLiabilitiesMember" xml:lang="en-US">Deferred income tax assets (liabilities).</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EmployeeBenefitsMember" xlink:label="loc_ifrs-full_EmployeeBenefitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EmployeeBenefitsMember" xml:lang="en-US">Employee benefits [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EmployeeBenefitsMember" xlink:to="lab_ifrs-full_EmployeeBenefitsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xml:lang="en-US">Deferred tax expense (income) recognised in profit or loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xml:lang="en-US">Recognized in profit or loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" xlink:label="loc_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" xml:lang="en-US">Deferred taxes recognized in other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" xml:lang="en-US">Recognized in other comprehensive income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" xlink:to="lab_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome" xml:lang="en-US">Deferred taxes recognized in other comprehensive income.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xml:lang="en-US">Increase (decrease) through net exchange differences, deferred tax liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xml:lang="en-US">Other movements and effect of changes in foreign exchange rates</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" xlink:label="loc_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" xlink:to="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" xlink:label="loc_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" xlink:to="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems" xml:lang="en-US">Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:label="loc_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xml:lang="en-US">Unused tax losses for which no deferred tax asset recognised</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xml:lang="en-US">Tax losses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:to="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" xlink:label="loc_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" xml:lang="en-US">Deferred Tax Expense Income Relating To Temporary Differences And Tax Losses Carried Forward</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" xml:lang="en-US">Tax losses carried forward and deductible temporary differences</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" xlink:to="lab_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward" xml:lang="en-US">Deferred tax expense income relating to temporary differences and tax losses carried forward.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" xlink:label="loc_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" xml:lang="en-US">Deferred tax assets loss carryforwards expiration period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" xml:lang="en-US">Tax losses and deductible temporary differences expiration period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" xlink:to="lab_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod" xml:lang="en-US">Deferred tax assets loss carryforwards expiration period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnrecognizedTaxBenefitAmount" xlink:label="loc_bud_UnrecognizedTaxBenefitAmount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnrecognizedTaxBenefitAmount" xml:lang="en-US">Unrecognized Tax Benefit Amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnrecognizedTaxBenefitAmount" xml:lang="en-US">Unrecognized tax attributes amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnrecognizedTaxBenefitAmount" xlink:to="lab_bud_UnrecognizedTaxBenefitAmount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnrecognizedTaxBenefitAmount" xml:lang="en-US">Unrecognized tax attributes amount.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" xlink:label="loc_ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" xml:lang="en-US">Changes in tax rates or tax laws enacted or announced [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" xml:lang="en-US">Changes in tax rates or tax laws enacted or announced [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" xlink:to="lab_ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExpirationPeriodOneMember" xlink:label="loc_bud_ExpirationPeriodOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExpirationPeriodOneMember" xml:lang="en-US">Expiration Period One [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExpirationPeriodOneMember" xml:lang="en-US">Expiration period 1 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExpirationPeriodOneMember" xlink:to="lab_bud_ExpirationPeriodOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExpirationPeriodOneMember" xml:lang="en-US">Expiration period one.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExpirationPeriodMoreThanThreeMember" xlink:label="loc_bud_ExpirationPeriodMoreThanThreeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExpirationPeriodMoreThanThreeMember" xml:lang="en-US">Expiration Period More Than Three [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExpirationPeriodMoreThanThreeMember" xml:lang="en-US">Expiration period more than 3 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExpirationPeriodMoreThanThreeMember" xlink:to="lab_bud_ExpirationPeriodMoreThanThreeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExpirationPeriodMoreThanThreeMember" xml:lang="en-US">Expiration period more than three.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NoExpirationPeriodMember" xlink:label="loc_bud_NoExpirationPeriodMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NoExpirationPeriodMember" xml:lang="en-US">No Expiration Period [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_NoExpirationPeriodMember" xml:lang="en-US">No expiration period [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NoExpirationPeriodMember" xlink:to="lab_bud_NoExpirationPeriodMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NoExpirationPeriodMember" xml:lang="en-US">No expiration period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BasisAxis" xlink:label="loc_bud_BasisAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BasisAxis" xml:lang="en-US">Basis [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BasisAxis" xlink:to="lab_bud_BasisAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BasisAxis" xml:lang="en-US">Basis.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BasisMember" xlink:label="loc_bud_BasisMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BasisMember" xml:lang="en-US">Basis [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BasisMember" xlink:to="lab_bud_BasisMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BasisMember" xml:lang="en-US">Basis.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" xlink:label="loc_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" xml:lang="en-US">Deferred Tax Assets Unrecognized On The Basis Of Tax Attributes [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" xml:lang="en-US">Deferred tax assets unrecognized on the basis of tax attributes [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" xlink:to="lab_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember" xml:lang="en-US">Deferred tax assets unrecognized on the basis of tax attributes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfInventoriesAbstract" xlink:label="loc_ifrs-full_ClassesOfInventoriesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfInventoriesAbstract" xml:lang="en-US">Classes of current inventories [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfInventoriesAbstract" xlink:to="lab_ifrs-full_ClassesOfInventoriesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInventoriesTable" xlink:label="loc_bud_DisclosureOfInventoriesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInventoriesTable" xml:lang="en-US">Disclosure of inventories [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInventoriesTable" xml:lang="en-US">Disclosure of inventories [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInventoriesTable" xlink:to="lab_bud_DisclosureOfInventoriesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInventoriesTable" xml:lang="en-US">Disclosure of inventories.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentInventoriesMember" xlink:label="loc_bud_CurrentInventoriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentInventoriesMember" xml:lang="en-US">Current Inventories [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentInventoriesMember" xml:lang="en-US">Current Inventories [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentInventoriesMember" xlink:to="lab_bud_CurrentInventoriesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentInventoriesMember" xml:lang="en-US">Current inventories.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInventoriesLineItems" xlink:label="loc_bud_DisclosureOfInventoriesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInventoriesLineItems" xml:lang="en-US">Disclosure of inventories [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInventoriesLineItems" xml:lang="en-US">Disclosure of inventories [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInventoriesLineItems" xlink:to="lab_bud_DisclosureOfInventoriesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInventoriesLineItems" xml:lang="en-US">Disclosure of inventories [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InventoriesOtherThanWorkInProgressAbstract" xlink:label="loc_bud_InventoriesOtherThanWorkInProgressAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InventoriesOtherThanWorkInProgressAbstract" xml:lang="en-US">Inventories Other Than Work In Progress [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InventoriesOtherThanWorkInProgressAbstract" xml:lang="en-US">Inventories other than work in progress</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InventoriesOtherThanWorkInProgressAbstract" xlink:to="lab_bud_InventoriesOtherThanWorkInProgressAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InventoriesOtherThanWorkInProgressAbstract" xml:lang="en-US">Inventories Other Than Work In Progress [abstract].</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="loc_ifrs-full_InventoriesAtNetRealisableValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InventoriesAtNetRealisableValue" xml:lang="en-US">Inventories, at net realisable value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InventoriesAtNetRealisableValue" xml:lang="en-US">Inventories stated at net realizable value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoriesAtNetRealisableValue" xlink:to="lab_ifrs-full_InventoriesAtNetRealisableValue" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Prepayments" xlink:label="loc_ifrs-full_Prepayments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Prepayments" xml:lang="en-US">Prepayments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_Prepayments" xml:lang="en-US">Prepayments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Prepayments" xml:lang="en-US">Prepaid expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Prepayments" xlink:to="lab_ifrs-full_Prepayments" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:label="loc_ifrs-full_RawMaterialsAndConsumablesUsed" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xml:lang="en-US">Raw materials and consumables used</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xml:lang="en-US">Raw materials and consumables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="lab_ifrs-full_RawMaterialsAndConsumablesUsed" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WorkInProgress" xlink:label="loc_ifrs-full_WorkInProgress" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WorkInProgress" xml:lang="en-US">Current work in progress</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WorkInProgress" xml:lang="en-US">Work in progress</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WorkInProgress" xlink:to="lab_ifrs-full_WorkInProgress" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinishedGoods" xlink:label="loc_ifrs-full_FinishedGoods" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinishedGoods" xml:lang="en-US">Current finished goods</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinishedGoods" xml:lang="en-US">Finished goods</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinishedGoods" xlink:to="lab_ifrs-full_FinishedGoods" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" xlink:label="loc_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" xml:lang="en-US">Raw And Packaging Materials And Goods Purchased For Resale</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" xml:lang="en-US">Goods purchased for resale</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" xlink:to="lab_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale" xml:lang="en-US">Raw and packaging materials and goods purchased for resale.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoriesTotal" xlink:label="loc_ifrs-full_InventoriesTotal" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InventoriesTotal" xml:lang="en-US">Inventories</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InventoriesTotal" xml:lang="en-US">Inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoriesTotal" xlink:to="lab_ifrs-full_InventoriesTotal" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:label="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xml:lang="en-US">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss, inventories</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xml:lang="en-US">Impairment losses on inventories</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:to="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTradeAndOtherReceivablesAbstract" xlink:label="loc_bud_DisclosureOfTradeAndOtherReceivablesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTradeAndOtherReceivablesAbstract" xml:lang="en-US">Disclosure of trade and other receivables [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTradeAndOtherReceivablesAbstract" xlink:to="lab_bud_DisclosureOfTradeAndOtherReceivablesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTradeAndOtherReceivablesAbstract" xml:lang="en-US">Disclosure of trade and other receivables abstract .</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CashDepositsForGuarantees" xlink:label="loc_bud_CashDepositsForGuarantees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CashDepositsForGuarantees" xml:lang="en-US">Cash deposits for guarantees</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CashDepositsForGuarantees" xml:lang="en-US">Cash deposits for guarantees</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CashDepositsForGuarantees" xlink:to="lab_bud_CashDepositsForGuarantees" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CashDepositsForGuarantees" xml:lang="en-US">Cash deposits for guarantees</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoansAndAdvancesToCustomers" xlink:label="loc_ifrs-full_LoansAndAdvancesToCustomers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LoansAndAdvancesToCustomers" xml:lang="en-US">Loans and advances to customers</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LoansAndAdvancesToCustomers" xml:lang="en-US">Loans to customers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansAndAdvancesToCustomers" xlink:to="lab_ifrs-full_LoansAndAdvancesToCustomers" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US">Non-current receivables from taxes other than income tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US">Tax receivable, other than income tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="lab_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentTradeReceivables" xlink:label="loc_ifrs-full_NoncurrentTradeReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentTradeReceivables" xml:lang="en-US">Non-current trade receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentTradeReceivables" xml:lang="en-US">Trade and other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentTradeReceivables" xlink:to="lab_ifrs-full_NoncurrentTradeReceivables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BrazilianTaxCreditsAndInterestReceivables" xlink:label="loc_bud_BrazilianTaxCreditsAndInterestReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BrazilianTaxCreditsAndInterestReceivables" xml:lang="en-US">Brazilian Tax Credits and Interest Receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BrazilianTaxCreditsAndInterestReceivables" xml:lang="en-US">Brazilian tax credits and interest receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BrazilianTaxCreditsAndInterestReceivables" xlink:to="lab_bud_BrazilianTaxCreditsAndInterestReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BrazilianTaxCreditsAndInterestReceivables" xml:lang="en-US">Brazilian tax credits and interest receivables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradeAndOtherReceivablesTable" xlink:label="loc_bud_TradeAndOtherReceivablesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradeAndOtherReceivablesTable" xml:lang="en-US">Trade and Other Receivables [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradeAndOtherReceivablesTable" xml:lang="en-US">Trade and Other Receivables [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradeAndOtherReceivablesTable" xlink:to="lab_bud_TradeAndOtherReceivablesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradeAndOtherReceivablesTable" xml:lang="en-US">Trade and Other Receivables [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradeAndOtherReceivablesLineItems" xlink:label="loc_bud_TradeAndOtherReceivablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradeAndOtherReceivablesLineItems" xml:lang="en-US">Trade and Other Receivables [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradeAndOtherReceivablesLineItems" xml:lang="en-US">Trade and Other Receivables [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradeAndOtherReceivablesLineItems" xlink:to="lab_bud_TradeAndOtherReceivablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradeAndOtherReceivablesLineItems" xml:lang="en-US">Trade and Other Receivables [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradeReceivablesAndAccruedIncome" xlink:label="loc_bud_TradeReceivablesAndAccruedIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradeReceivablesAndAccruedIncome" xml:lang="en-US">Trade receivables and accrued income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradeReceivablesAndAccruedIncome" xml:lang="en-US">Trade receivables and accrued income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradeReceivablesAndAccruedIncome" xlink:to="lab_bud_TradeReceivablesAndAccruedIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradeReceivablesAndAccruedIncome" xml:lang="en-US">Trade receivables and accrued income</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestReceivable" xlink:label="loc_ifrs-full_InterestReceivable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestReceivable" xml:lang="en-US">Interest receivable</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_InterestReceivable" xml:lang="en-US">Interest receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestReceivable" xml:lang="en-US">Interest receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivable" xlink:to="lab_ifrs-full_InterestReceivable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US">Current receivables from taxes other than income tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US">Tax receivable, other than income tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="lab_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentLoansAndAdvancesToCustomers" xlink:label="loc_bud_CurrentLoansAndAdvancesToCustomers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentLoansAndAdvancesToCustomers" xml:lang="en-US">Current loans and advances to customers</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentLoansAndAdvancesToCustomers" xml:lang="en-US">Loans to customers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentLoansAndAdvancesToCustomers" xlink:to="lab_bud_CurrentLoansAndAdvancesToCustomers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentLoansAndAdvancesToCustomers" xml:lang="en-US">Current loans and advances to customers.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReceivables" xlink:label="loc_ifrs-full_OtherReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherReceivables" xml:lang="en-US">Other receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherReceivables" xml:lang="en-US">Other receivables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherReceivables" xlink:to="lab_ifrs-full_OtherReceivables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivables" xlink:label="loc_ifrs-full_TradeAndOtherReceivables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xml:lang="en-US">Trade and other receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xml:lang="en-US">Current trade and other receivables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xml:lang="en-US">Current trade and other receivable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivables" xlink:to="lab_ifrs-full_TradeAndOtherReceivables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetCarryingAmountsMember" xlink:label="loc_bud_NetCarryingAmountsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetCarryingAmountsMember" xml:lang="en-US">Net carrying amounts [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetCarryingAmountsMember" xml:lang="en-US">Net carrying amount [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetCarryingAmountsMember" xlink:to="lab_bud_NetCarryingAmountsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetCarryingAmountsMember" xml:lang="en-US">Net carrying amounts</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-full_TradeAndOtherReceivablesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesAbstract" xml:lang="en-US">Trade and other receivables [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivablesAbstract" xlink:to="lab_ifrs-full_TradeAndOtherReceivablesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetCarryingAmountMember" xlink:label="loc_bud_NetCarryingAmountMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetCarryingAmountMember" xml:lang="en-US">Net Carrying Amount [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetCarryingAmountMember" xml:lang="en-US">Net carrying amount [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_NetCarryingAmountMember" xml:lang="en-US">Carrying amount [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetCarryingAmountMember" xlink:to="lab_bud_NetCarryingAmountMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetCarryingAmountMember" xml:lang="en-US">Net carrying amount.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" xlink:label="loc_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" xml:lang="en-US">Of Which Neither Impaired Nor Past Due On The Reporting Date [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" xml:lang="en-US">Of Which: Neither Impaired Nor Past Due on the Reporting Date [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" xlink:to="lab_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember" xml:lang="en-US">Of Which Neither Impaired Nor Past Due On The Reporting Date</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" xlink:label="loc_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" xml:lang="en-US">Of Which Not impaired as of the reporting date and past [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" xml:lang="en-US">Of Which Not Impaired as of the Reporting Date and Past [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" xlink:to="lab_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" xml:lang="en-US">Of Which Not impaired as of the reporting date and past</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneMonthMember" xlink:label="loc_ifrs-full_NotLaterThanOneMonthMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xml:lang="en-US">Not later than one month [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xml:lang="en-US">Less than 30 Days [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneMonthMember" xlink:to="lab_ifrs-full_NotLaterThanOneMonthMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:label="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xml:lang="en-US">Later than one month and not later than two months [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xml:lang="en-US">Between 30 and 59 Day [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xml:lang="en-US">Later than two months and not later than three months [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xml:lang="en-US">Between 60 and 89 Days [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeMonthsMember" xlink:label="loc_ifrs-full_LaterThanThreeMonthsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanThreeMonthsMember" xml:lang="en-US">Later than three months [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanThreeMonthsMember" xml:lang="en-US">More Than 90 Days [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeMonthsMember" xlink:to="lab_ifrs-full_LaterThanThreeMonthsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-full_TradeReceivablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeReceivablesMember" xml:lang="en-US">Trade receivables [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TradeReceivablesMember" xml:lang="en-US">Trade receivables [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_TradeReceivablesMember" xml:lang="en-US">Trade and other receivables [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivablesMember" xlink:to="lab_ifrs-full_TradeReceivablesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTradeReceivablesLineItems" xlink:label="loc_bud_DisclosureOfTradeReceivablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTradeReceivablesLineItems" xml:lang="en-US">Disclosure Of Trade Receivables [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DisclosureOfTradeReceivablesLineItems" xml:lang="en-US">Disclosure of Trade Receivables [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTradeReceivablesLineItems" xlink:to="lab_bud_DisclosureOfTradeReceivablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTradeReceivablesLineItems" xml:lang="en-US">Disclosure Of Trade Receivables [Line Items]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLoss" xlink:label="loc_ifrs-full_ImpairmentLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ImpairmentLoss" xml:lang="en-US">Impairment loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ImpairmentLoss" xml:lang="en-US">Impairment losses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLoss" xlink:to="lab_ifrs-full_ImpairmentLoss" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xml:lang="en-US">Disclosure of detailed information about borrowings [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xml:lang="en-US">Short-term bank deposits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Cash" xlink:label="loc_ifrs-full_Cash" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Cash" xml:lang="en-US">Cash</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Cash" xml:lang="en-US">Cash and bank accounts</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Cash" xlink:to="lab_ifrs-full_Cash" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xml:lang="en-US">Bank overdrafts</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xml:lang="en-US">Bank overdrafts</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xml:lang="en-US">Bank overdrafts</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xml:lang="en-US">Bank overdraft</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AvailableForSaleInvestments" xlink:label="loc_bud_AvailableForSaleInvestments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AvailableForSaleInvestments" xml:lang="en-US">Available for Sale Investments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AvailableForSaleInvestments" xml:lang="en-US">Investment in unquoted companies</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AvailableForSaleInvestments" xlink:to="lab_bud_AvailableForSaleInvestments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AvailableForSaleInvestments" xml:lang="en-US">Available for sale investments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentSecuritiesDebtNonCurrent" xlink:label="loc_bud_InvestmentSecuritiesDebtNonCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentSecuritiesDebtNonCurrent" xml:lang="en-US">Investment securities debt non current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_InvestmentSecuritiesDebtNonCurrent" xml:lang="en-US">Investment in debt securities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentSecuritiesDebtNonCurrent" xlink:to="lab_bud_InvestmentSecuritiesDebtNonCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentSecuritiesDebtNonCurrent" xml:lang="en-US">Investment securities debt non current.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentSecuritiesDebtCurent" xlink:label="loc_bud_InvestmentSecuritiesDebtCurent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentSecuritiesDebtCurent" xml:lang="en-US">Investment securities Debt Curent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_InvestmentSecuritiesDebtCurent" xml:lang="en-US">Investment in debt securities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentSecuritiesDebtCurent" xlink:to="lab_bud_InvestmentSecuritiesDebtCurent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentSecuritiesDebtCurent" xml:lang="en-US">Investment securities debt current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Current financial assets at fair value through other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Current investments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:label="loc_ifrs-full_CurrentRestrictedCashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xml:lang="en-US">Current restricted cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xml:lang="en-US">Restricted cash</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_CurrentRestrictedCashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" xml:lang="en-US">Other banking arrangements, classified as cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" xml:lang="en-US">Amounts deposited on a blocked account</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DebtSecuritiesMember" xlink:label="loc_ifrs-full_DebtSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DebtSecuritiesMember" xml:lang="en-US">Debt securities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DebtSecuritiesMember" xlink:to="lab_ifrs-full_DebtSecuritiesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TreasurySharesOnUseMember" xlink:label="loc_bud_TreasurySharesOnUseMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TreasurySharesOnUseMember" xml:lang="en-US">Treasury shares on use [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TreasurySharesOnUseMember" xml:lang="en-US">Result on the use of treasury shares [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TreasurySharesOnUseMember" xlink:to="lab_bud_TreasurySharesOnUseMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TreasurySharesOnUseMember" xml:lang="en-US">Result on the use of treasury shares.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xml:lang="en-US">Number of shares outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xml:lang="en-US">At the end of the previous year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xml:lang="en-US">At the end of the current year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xlink:label="loc_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xml:lang="en-US">Increase (decrease) in number of shares outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xml:lang="en-US">Changes during the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" xlink:to="lab_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfRestrictedShares" xlink:label="loc_bud_NumberOfRestrictedShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfRestrictedShares" xml:lang="en-US">Number of restricted shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfRestrictedShares" xml:lang="en-US">Restricted shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfRestrictedShares" xlink:to="lab_bud_NumberOfRestrictedShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfRestrictedShares" xml:lang="en-US">Number of restricted shares.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInCapital" xlink:label="loc_bud_IncreaseDecreaseInCapital" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInCapital" xml:lang="en-US">Increase Decrease In Capital</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInCapital" xml:lang="en-US">Changes during the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInCapital" xlink:to="lab_bud_IncreaseDecreaseInCapital" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInCapital" xml:lang="en-US">Increase decrease in capital.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-full_TreasuryShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TreasuryShares" xml:lang="en-US">Treasury shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_TreasuryShares" xml:lang="en-US">At the end of the previous year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_TreasuryShares" xml:lang="en-US">At the end of the current year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TreasuryShares" xml:lang="en-US">Unissued capital</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasuryShares" xlink:to="lab_ifrs-full_TreasuryShares" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfTreasurySharesOutstanding" xlink:label="loc_bud_NumberOfTreasurySharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfTreasurySharesOutstanding" xml:lang="en-US">Number Of Treasury Shares Outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_bud_NumberOfTreasurySharesOutstanding" xml:lang="en-US">At the end of the previous year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_bud_NumberOfTreasurySharesOutstanding" xml:lang="en-US">At the end of the current year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfTreasurySharesOutstanding" xlink:to="lab_bud_NumberOfTreasurySharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfTreasurySharesOutstanding" xml:lang="en-US">Number Of Treasury Shares Outstanding</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInNumberOfSharesInTreasury" xlink:label="loc_bud_IncreaseDecreaseInNumberOfSharesInTreasury" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInNumberOfSharesInTreasury" xml:lang="en-US">Increase Decrease In Number Of Shares In Treasury</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInNumberOfSharesInTreasury" xml:lang="en-US">Changes during the period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInNumberOfSharesInTreasury" xlink:to="lab_bud_IncreaseDecreaseInNumberOfSharesInTreasury" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInNumberOfSharesInTreasury" xml:lang="en-US">Increase decrease in number of shares in treasury.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SabCombinationMember" xlink:label="loc_bud_SabCombinationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SabCombinationMember" xml:lang="en-US">SAB Combination [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SabCombinationMember" xlink:to="lab_bud_SabCombinationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SabCombinationMember" xml:lang="en-US">SAB combination.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:label="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of transfer [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of transfer [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:to="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" xlink:label="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of transfer [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" xml:lang="en-US">Types of transfer [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" xlink:to="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="loc_ifrs-full_NumberOfSharesAuthorised" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfSharesAuthorised" xml:lang="en-US">Number of shares authorised</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NumberOfSharesAuthorised" xml:lang="en-US">Number of shares authorized</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesAuthorised" xlink:to="lab_ifrs-full_NumberOfSharesAuthorised" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ParValuePerShare" xlink:label="loc_ifrs-full_ParValuePerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ParValuePerShare" xml:lang="en-US">Par value per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ParValuePerShare" xml:lang="en-US">Par value per share</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParValuePerShare" xlink:to="lab_ifrs-full_ParValuePerShare" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendDeclaredPerShare" xlink:label="loc_bud_DividendDeclaredPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendDeclaredPerShare" xml:lang="en-US">Dividend declared per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DividendDeclaredPerShare" xml:lang="en-US">Dividend declared per share</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendDeclaredPerShare" xlink:to="lab_bud_DividendDeclaredPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendDeclaredPerShare" xml:lang="en-US">Dividend declared per share.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendDeclared" xlink:label="loc_bud_DividendDeclared" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendDeclared" xml:lang="en-US">Dividend Declared</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DividendDeclared" xml:lang="en-US">Dividend declared</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendDeclared" xlink:to="lab_bud_DividendDeclared" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendDeclared" xml:lang="en-US">Dividend declared.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendProposedPerShare" xlink:label="loc_bud_DividendProposedPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendProposedPerShare" xml:lang="en-US">Dividend proposed per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DividendProposedPerShare" xml:lang="en-US">Dividend proposed per share</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendProposedPerShare" xlink:to="lab_bud_DividendProposedPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendProposedPerShare" xml:lang="en-US">Dividend proposed per share.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendPaidDate" xlink:label="loc_bud_DividendPaidDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendPaidDate" xml:lang="en-US">Dividend paid date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DividendPaidDate" xml:lang="en-US">Dividend paid date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendPaidDate" xlink:to="lab_bud_DividendPaidDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendPaidDate" xml:lang="en-US">Dividend paid date.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxWithholdingPercentage" xlink:label="loc_bud_TaxWithholdingPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxWithholdingPercentage" xml:lang="en-US">Tax withholding percentage</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxWithholdingPercentage" xml:lang="en-US">Tax withholding percentage</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxWithholdingPercentage" xlink:to="lab_bud_TaxWithholdingPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxWithholdingPercentage" xml:lang="en-US">Tax withholding percentage.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xml:lang="en-US">Profit attributable to equity holders</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xml:lang="en-US">Profit attributable to equity holders of AB InBev</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xml:lang="en-US">Profit attributable to equity holders of AB InBev</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DilutedAdjustedEarnings" xlink:label="loc_bud_DilutedAdjustedEarnings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DilutedAdjustedEarnings" xml:lang="en-US">Diluted adjusted earnings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DilutedAdjustedEarnings" xml:lang="en-US">Diluted earnings per share based on the profit</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DilutedAdjustedEarnings" xlink:to="lab_bud_DilutedAdjustedEarnings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DilutedAdjustedEarnings" xml:lang="en-US">Diluted adjusted earnings.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfAntidilutiveShareOptionsOutstanding" xlink:label="loc_bud_NumberOfAntidilutiveShareOptionsOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfAntidilutiveShareOptionsOutstanding" xml:lang="en-US">Number of antidilutive share options outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfAntidilutiveShareOptionsOutstanding" xml:lang="en-US">Number of antidilutive share options outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfAntidilutiveShareOptionsOutstanding" xlink:to="lab_bud_NumberOfAntidilutiveShareOptionsOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfAntidilutiveShareOptionsOutstanding" xml:lang="en-US">The number of antidilutive share options outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfRestrictedSharesIssued" xlink:label="loc_bud_NumberOfRestrictedSharesIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfRestrictedSharesIssued" xml:lang="en-US">Number Of Restricted Shares Issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfRestrictedSharesIssued" xml:lang="en-US">Number of restricted shares issued</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfRestrictedSharesIssued" xlink:to="lab_bud_NumberOfRestrictedSharesIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfRestrictedSharesIssued" xml:lang="en-US">Number of restricted shares issued.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" xlink:label="loc_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" xml:lang="en-US">Number of Restricted Shares Converted Into Ordinary Shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" xml:lang="en-US">Number of restricted shares converted into ordinary shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" xlink:to="lab_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" xml:lang="en-US">Number of restricted shares converted into ordinary shares.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendPayoutDate" xlink:label="loc_bud_DividendPayoutDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendPayoutDate" xml:lang="en-US">Dividend Payout Date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DividendPayoutDate" xml:lang="en-US">Dividend payout date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendPayoutDate" xlink:to="lab_bud_DividendPayoutDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendPayoutDate" xml:lang="en-US">Dividend payout date.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TreasurySharesOwnedByCompany" xlink:label="loc_bud_TreasurySharesOwnedByCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TreasurySharesOwnedByCompany" xml:lang="en-US">Treasury Shares Owned By Company</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TreasurySharesOwnedByCompany" xml:lang="en-US">Treasury shares owned by company</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TreasurySharesOwnedByCompany" xlink:to="lab_bud_TreasurySharesOwnedByCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TreasurySharesOwnedByCompany" xml:lang="en-US">Treasury shares owned by company.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfTreasurySharesOwnedByABI" xlink:label="loc_bud_NumberOfTreasurySharesOwnedByABI" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABI" xml:lang="en-US">Number Of Treasury Shares Owned By ABI</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABI" xml:lang="en-US">Number of treasury shares owned by ABI</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfTreasurySharesOwnedByABI" xlink:to="lab_bud_NumberOfTreasurySharesOwnedByABI" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABI" xml:lang="en-US">Number of treasury shares owned by abi.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" xlink:label="loc_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" xml:lang="en-US">Number Of Treasury Shares Owned By ABI And Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" xml:lang="en-US">Number of treasury shares owned by ABI &amp; subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" xlink:to="lab_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" xml:lang="en-US">Number of treasury shares owned by abi and subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StocksRepurchasedDuringPeriodValue" xlink:label="loc_bud_StocksRepurchasedDuringPeriodValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StocksRepurchasedDuringPeriodValue" xml:lang="en-US">Stocks Repurchased During Period Value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_StocksRepurchasedDuringPeriodValue" xml:lang="en-US">Share buyback for an amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StocksRepurchasedDuringPeriodValue" xlink:to="lab_bud_StocksRepurchasedDuringPeriodValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_StocksRepurchasedDuringPeriodValue" xml:lang="en-US">Stocks repurchased during period value.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfBorrowedSharesOutstanding" xlink:label="loc_bud_NumberOfBorrowedSharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfBorrowedSharesOutstanding" xml:lang="en-US">Number Of Borrowed Shares Outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfBorrowedSharesOutstanding" xlink:to="lab_bud_NumberOfBorrowedSharesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfBorrowedSharesOutstanding" xml:lang="en-US">Number of borrowed shares outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfSharesRepurchased" xlink:label="loc_bud_PercentageOfSharesRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfSharesRepurchased" xml:lang="en-US">Percentage of shares repurchased</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfSharesRepurchased" xml:lang="en-US">Percentage of shares repurchased</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfSharesRepurchased" xlink:to="lab_bud_PercentageOfSharesRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfSharesRepurchased" xml:lang="en-US">Percentage of shares repurchased.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StockRepurchasedDuringPeriodValues" xlink:label="loc_bud_StockRepurchasedDuringPeriodValues" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StockRepurchasedDuringPeriodValues" xml:lang="en-US">Stock Repurchased During Period Values</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_StockRepurchasedDuringPeriodValues" xml:lang="en-US">Stock repurchased during period, value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StockRepurchasedDuringPeriodValues" xlink:to="lab_bud_StockRepurchasedDuringPeriodValues" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_StockRepurchasedDuringPeriodValues" xml:lang="en-US">Stock repurchased during period values.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StockRepurchasedDuringPeriodShare" xlink:label="loc_bud_StockRepurchasedDuringPeriodShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StockRepurchasedDuringPeriodShare" xml:lang="en-US">Stock Repurchased During Period Share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_StockRepurchasedDuringPeriodShare" xml:lang="en-US">Stock repurchased during period, shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StockRepurchasedDuringPeriodShare" xlink:to="lab_bud_StockRepurchasedDuringPeriodShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_StockRepurchasedDuringPeriodShare" xml:lang="en-US">Stock repurchased during period share.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StockRepurchaseProgramAuthorizedAmount1" xlink:label="loc_srt_StockRepurchaseProgramAuthorizedAmount1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_StockRepurchaseProgramAuthorizedAmount1" xml:lang="en-US">Share Repurchase Program, Authorized, Amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_StockRepurchaseProgramAuthorizedAmount1" xml:lang="en-US">Stock repurchase program, authorized amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:to="lab_srt_StockRepurchaseProgramAuthorizedAmount1" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SaleOfStockAxis" xlink:label="loc_bud_SaleOfStockAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SaleOfStockAxis" xml:lang="en-US">Sale of stock [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SaleOfStockAxis" xlink:to="lab_bud_SaleOfStockAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SaleOfStockDomain" xlink:label="loc_bud_SaleOfStockDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SaleOfStockDomain" xml:lang="en-US">Sale of stock [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SaleOfStockDomain" xlink:to="lab_bud_SaleOfStockDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArrangementTypeAxis" xlink:label="loc_bud_ArrangementTypeAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArrangementTypeAxis" xml:lang="en-US">Arrangement Type [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArrangementTypeAxis" xlink:to="lab_bud_ArrangementTypeAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArrangementTypeDomain" xlink:label="loc_bud_ArrangementTypeDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArrangementTypeDomain" xml:lang="en-US">Arrangement Type [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArrangementTypeDomain" xlink:to="lab_bud_ArrangementTypeDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_StockLendingArrangementsMember" xlink:label="loc_bud_StockLendingArrangementsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_StockLendingArrangementsMember" xml:lang="en-US">Stock Lending Arrangements [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_StockLendingArrangementsMember" xlink:to="lab_bud_StockLendingArrangementsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorCustomersAxis" xlink:label="loc_ifrs-full_MajorCustomersAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MajorCustomersAxis" xml:lang="en-US">Major customers [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorCustomersAxis" xlink:to="lab_ifrs-full_MajorCustomersAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorCustomersDomain" xlink:label="loc_ifrs-full_MajorCustomersDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MajorCustomersDomain" xml:lang="en-US">Major customers [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorCustomersDomain" xlink:to="lab_ifrs-full_MajorCustomersDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DividendProposedMember" xlink:label="loc_bud_DividendProposedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DividendProposedMember" xml:lang="en-US">Dividend Proposed [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DividendProposedMember" xlink:to="lab_bud_DividendProposedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DividendProposedMember" xml:lang="en-US">Dividend Proposed.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" xlink:label="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserve [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" xlink:to="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserve.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" xlink:label="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserves [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserves [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" xlink:to="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" xml:lang="en-US">Schedule disclosing information about changes in other comprehensive income reserves table.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TranslationReserveMember" xlink:label="loc_bud_TranslationReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TranslationReserveMember" xml:lang="en-US">Translation reserve [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TranslationReserveMember" xml:lang="en-US">Translation reserves [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TranslationReserveMember" xlink:to="lab_bud_TranslationReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TranslationReserveMember" xml:lang="en-US">Translation reserve.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgingReserveMember" xlink:label="loc_bud_HedgingReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgingReserveMember" xml:lang="en-US">Hedging Reserve [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HedgingReserveMember" xml:lang="en-US">Hedging reserves [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgingReserveMember" xlink:to="lab_bud_HedgingReserveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgingReserveMember" xml:lang="en-US">Hedging reserve.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PostEmploymentBenefitsMember" xlink:label="loc_bud_PostEmploymentBenefitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PostEmploymentBenefitsMember" xml:lang="en-US">Post employment benefits [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PostEmploymentBenefitsMember" xml:lang="en-US">Post- employment benefits [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PostEmploymentBenefitsMember" xlink:to="lab_bud_PostEmploymentBenefitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PostEmploymentBenefitsMember" xml:lang="en-US">Post employment benefits.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" xlink:label="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserves [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" xml:lang="en-US">Disclosure of information about changes in other comprehensive income reserves [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" xlink:to="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" xml:lang="en-US">Line items represents information about changes in other comprehensive income reserves.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xml:lang="en-US">Other comprehensive income [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xml:lang="en-US">Other comprehensive income/(loss)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xml:lang="en-US">Gains (losses) on exchange differences on translation, net of tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xml:lang="en-US">Exchange differences on translation of foreign operations (gains/(losses))</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xml:lang="en-US">Other comprehensive income, net of tax, cash flow hedges</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xml:lang="en-US">Cash flow hedges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xml:lang="en-US">Accumulated other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xml:lang="en-US">Ending balance</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" xlink:label="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" xlink:to="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" xlink:label="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" xlink:to="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" xml:lang="en-US">Schedule disclosing information about weighted average number of ordinary and restricted shares outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OrdinaryRestrictedSharesMember" xlink:label="loc_bud_OrdinaryRestrictedSharesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OrdinaryRestrictedSharesMember" xml:lang="en-US">Ordinary restricted shares [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OrdinaryRestrictedSharesMember" xml:lang="en-US">Ordinary restricted shares [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OrdinaryRestrictedSharesMember" xlink:to="lab_bud_OrdinaryRestrictedSharesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OrdinaryRestrictedSharesMember" xml:lang="en-US">Ordinary restricted shares [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" xlink:label="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" xml:lang="en-US">Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" xlink:to="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" xml:lang="en-US">Line items represents information about weighted average number of ordinary and restricted shares outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="loc_ifrs-full_NumberOfSharesIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xml:lang="en-US">Number of shares issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xml:lang="en-US">Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xml:lang="en-US">Share-based compensation number of shares issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xml:lang="en-US">Issued ordinary and restricted shares at 1 January, net of treasury shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EffectOfBasicStockLending" xlink:label="loc_bud_EffectOfBasicStockLending" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EffectOfBasicStockLending" xml:lang="en-US">Effect of basic stock lending</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EffectOfBasicStockLending" xml:lang="en-US">Effect of stock lending</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EffectOfBasicStockLending" xlink:to="lab_bud_EffectOfBasicStockLending" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EffectOfBasicStockLending" xml:lang="en-US">Effect of basic stock lending.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" xlink:label="loc_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" xml:lang="en-US">Weighted average number of ordinary and restricted shares used to calculate basic earnings per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" xml:lang="en-US">Weighted average number of ordinary and restricted shares as of 31&#160;December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" xlink:to="lab_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" xml:lang="en-US">Weighted average number of ordinary and restricted shares used to calculate basic earnings per share.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" xlink:label="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" xml:lang="en-US">Weighted average number of ordinary shares and restricted shares diluted from discontinuing operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" xml:lang="en-US">Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" xlink:to="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" xml:lang="en-US">Weighted average number of ordinary shares and restricted shares diluted from discontinuing operations.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xml:lang="en-US">Profit (loss), attributable to owners of parent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xml:lang="en-US">Profit attributable to equity holders of AB InBev</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" xml:lang="en-US">Equity holders</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ProfitLossAttributableToOwnersOfParent" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xlink:label="loc_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xml:lang="en-US">Profit before exceptional items, discontinued operations, mark-to-market losses and hyperinflation impacts, attributable to equity holders of parent entity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xml:lang="en-US">Underlying profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xml:lang="en-US">Underlying profit</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xlink:to="lab_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" xml:lang="en-US">Profit before exceptional items, discontinued operations, mark-to-market losses and hyperinflation impacts, attributable to equity holders of parent entity.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EffectsOnHyperinflationaryEconomies" xlink:label="loc_bud_EffectsOnHyperinflationaryEconomies" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EffectsOnHyperinflationaryEconomies" xml:lang="en-US">Effects on Hyperinflationary economies</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EffectsOnHyperinflationaryEconomies" xml:lang="en-US">Hyperinflation impacts</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EffectsOnHyperinflationaryEconomies" xlink:to="lab_bud_EffectsOnHyperinflationaryEconomies" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EffectsOnHyperinflationaryEconomies" xml:lang="en-US">Effects on Hyperinflationary economies.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" xlink:label="loc_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" xml:lang="en-US">Effect Of Share Options Performance Stock Units And Restricted Stock Units</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" xml:lang="en-US">Effect of share options, PSUs and restricted stock units</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" xlink:to="lab_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" xml:lang="en-US">Effect Of Share Options Performance Stock Units And Restricted Stock Units.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" xlink:label="loc_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" xml:lang="en-US">Effect of Delivery of Treasury Shares and Share Buyback Programs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" xml:lang="en-US">Effect of delivery of treasury shares and share buyback programs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" xlink:to="lab_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" xml:lang="en-US">Effect of delivery of treasury shares and share buyback programs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetImpactOfExceptionalItemsOnProfit" xlink:label="loc_bud_NetImpactOfExceptionalItemsOnProfit" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetImpactOfExceptionalItemsOnProfit" xml:lang="en-US">Net Impact Of Exceptional Items On Profit</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetImpactOfExceptionalItemsOnProfit" xml:lang="en-US">Net impact of exceptional items on profit (refer to Note 8)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetImpactOfExceptionalItemsOnProfit" xlink:to="lab_bud_NetImpactOfExceptionalItemsOnProfit" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetImpactOfExceptionalItemsOnProfit" xml:lang="en-US">Net impact of exceptional items on profit.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" xlink:label="loc_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" xml:lang="en-US">Profit Before Exceptional Items Attributable To Equity Holders Of Parent Company</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" xml:lang="en-US">Profit before exceptional items, attributable to equity holders of AB InBev</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" xlink:to="lab_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" xml:lang="en-US">Profit before exceptional items attributable to equity holders of parent company.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="loc_ifrs-full_EarningsPerShareAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xml:lang="en-US">Earnings per share [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareAbstract" xlink:to="lab_ifrs-full_EarningsPerShareAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xlink:label="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xml:lang="en-US">Weighted Average Number Of Ordinary Shares And Restricted Shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xml:lang="en-US">Weighted average number of ordinary and restricted shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xml:lang="en-US">Weighted average number of ordinary and restricted shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xlink:to="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" xml:lang="en-US">Weighted average number of ordinary shares and restricted shares.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnderlyingEarningsPerShare" xlink:label="loc_bud_UnderlyingEarningsPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnderlyingEarningsPerShare" xml:lang="en-US">Underlying earnings per share</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnderlyingEarningsPerShare" xml:lang="en-US">Underlying EPS</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnderlyingEarningsPerShare" xlink:to="lab_bud_UnderlyingEarningsPerShare" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnderlyingEarningsPerShare" xml:lang="en-US">Underlying earnings per share.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" xlink:label="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" xml:lang="en-US">Weighted Average Number Of Ordinary Shares And Restricted Shares Diluted From Continuing Operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" xml:lang="en-US">Weighted average number of ordinary and restricted shares (diluted)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" xlink:to="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" xml:lang="en-US">Weighted average number of ordinary shares and restricted shares diluted from continuing operations.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesAxis" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xml:lang="en-US">Assets and liabilities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xml:lang="en-US">Assets and liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesDomain" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xml:lang="en-US">Assets and liabilities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xml:lang="en-US">Assets and liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesDomain" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentLiabilitiesMember" xlink:label="loc_bud_NonCurrentLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentLiabilitiesMember" xml:lang="en-US">Non-current Liabilities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentLiabilitiesMember" xml:lang="en-US">Non-Current Liabilities [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentLiabilitiesMember" xlink:to="lab_bud_NonCurrentLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonCurrentLiabilitiesMember" xml:lang="en-US">Non-current liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentLiabilitiesMember" xlink:label="loc_bud_CurrentLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentLiabilitiesMember" xml:lang="en-US">Current Liabilities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentLiabilitiesMember" xml:lang="en-US">Current Liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentLiabilitiesMember" xlink:to="lab_bud_CurrentLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentLiabilitiesMember" xml:lang="en-US">Current liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" xlink:label="loc_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" xml:lang="en-US">Current secured bank loans received and current portion of non-current secured bank loans received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" xml:lang="en-US">Secured bank loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" xlink:to="lab_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" xlink:label="loc_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" xml:lang="en-US">Current unsecured bank loans received and current portion of non-current unsecured bank loans received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" xml:lang="en-US">Unsecured bank loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" xlink:to="lab_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" xlink:label="loc_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" xml:lang="en-US">Current bonds issued and current portion of non-current bonds issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" xml:lang="en-US">Unsecured bond issues</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" xlink:to="lab_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnsecuredOtherLoansCurrent" xlink:label="loc_bud_UnsecuredOtherLoansCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnsecuredOtherLoansCurrent" xml:lang="en-US">Unsecured other loans current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnsecuredOtherLoansCurrent" xml:lang="en-US">Unsecured other loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnsecuredOtherLoansCurrent" xlink:to="lab_bud_UnsecuredOtherLoansCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnsecuredOtherLoansCurrent" xml:lang="en-US">Unsecured other loans current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xml:lang="en-US">Current lease liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xml:lang="en-US">Lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:label="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US">Current borrowings and current portion of non-current borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US">Current interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" xlink:label="loc_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" xml:lang="en-US">Non-current portion of non-current secured bank loans received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" xml:lang="en-US">Secured bank loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" xlink:to="lab_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" xlink:label="loc_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" xml:lang="en-US">Non-current portion of non-current bonds issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" xml:lang="en-US">Unsecured bond issues</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" xlink:to="lab_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnsecuredOtherLoansNoncurrent" xlink:label="loc_bud_UnsecuredOtherLoansNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnsecuredOtherLoansNoncurrent" xml:lang="en-US">Unsecured other loans noncurrent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnsecuredOtherLoansNoncurrent" xml:lang="en-US">Unsecured other loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnsecuredOtherLoansNoncurrent" xlink:to="lab_bud_UnsecuredOtherLoansNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnsecuredOtherLoansNoncurrent" xml:lang="en-US">Unsecured other loans noncurrent.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="loc_ifrs-full_NoncurrentLeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xml:lang="en-US">Non-current lease liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xml:lang="en-US">Lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:to="lab_ifrs-full_NoncurrentLeaseLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-full_LongtermBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LongtermBorrowings" xml:lang="en-US">Non-current portion of non-current borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LongtermBorrowings" xml:lang="en-US">Non-current interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowings" xlink:to="lab_ifrs-full_LongtermBorrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-full_Borrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Borrowings" xml:lang="en-US">Borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Borrowings" xml:lang="en-US">Current and non-current interest-bearing loans and borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_Borrowings" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" xlink:label="loc_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" xml:lang="en-US">Current commercial papers issued and current portion of non-current commercial papers issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" xml:lang="en-US">Commercial papers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" xlink:to="lab_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommercialPapersAuthorized" xlink:label="loc_bud_CommercialPapersAuthorized" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommercialPapersAuthorized" xml:lang="en-US">Commercial Papers Authorized</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommercialPapersAuthorized" xml:lang="en-US">Commercial papers authorized amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommercialPapersAuthorized" xlink:to="lab_bud_CommercialPapersAuthorized" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommercialPapersAuthorized" xml:lang="en-US">Commercial Papers Authorized</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetIncreasedDecreasedDebt" xlink:label="loc_bud_NetIncreasedDecreasedDebt" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetIncreasedDecreasedDebt" xml:lang="en-US">Net Increased Decreased Debt</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetIncreasedDecreasedDebt" xml:lang="en-US">Net increased decreased debt</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetIncreasedDecreasedDebt" xlink:to="lab_bud_NetIncreasedDecreasedDebt" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetIncreasedDecreasedDebt" xml:lang="en-US">Net increased decreased debt.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendPayables" xlink:label="loc_ifrs-full_DividendPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendPayables" xml:lang="en-US">Dividend payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DividendPayables" xml:lang="en-US">Dividend payments to shareholders</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendPayables" xlink:to="lab_ifrs-full_DividendPayables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PaymentOfInterestsAndTaxes" xlink:label="loc_bud_PaymentOfInterestsAndTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PaymentOfInterestsAndTaxes" xml:lang="en-US">Payment Of Interests And Taxes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PaymentOfInterestsAndTaxes" xml:lang="en-US">Payment of interests and taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PaymentOfInterestsAndTaxes" xlink:to="lab_bud_PaymentOfInterestsAndTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PaymentOfInterestsAndTaxes" xml:lang="en-US">Payment of interests and taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Increase (decrease) through changes in foreign exchange rates, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Impact of changes in foreign exchange rates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Exchange differences</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RepurchasedNotesAggregatePrincipalAmount" xlink:label="loc_bud_RepurchasedNotesAggregatePrincipalAmount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RepurchasedNotesAggregatePrincipalAmount" xml:lang="en-US">Repurchased Notes Aggregate Principal Amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RepurchasedNotesAggregatePrincipalAmount" xml:lang="en-US">Repurchased notes aggregate principal amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RepurchasedNotesAggregatePrincipalAmount" xlink:to="lab_bud_RepurchasedNotesAggregatePrincipalAmount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RepurchasedNotesAggregatePrincipalAmount" xml:lang="en-US">Repurchased notes aggregate principal amount.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BorrowingsPrincipalAmountRepurchased" xlink:label="loc_bud_BorrowingsPrincipalAmountRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BorrowingsPrincipalAmountRepurchased" xml:lang="en-US">Borrowings Principal Amount Repurchased</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BorrowingsPrincipalAmountRepurchased" xml:lang="en-US">Principal amount repurchased</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BorrowingsPrincipalAmountRepurchased" xlink:to="lab_bud_BorrowingsPrincipalAmountRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BorrowingsPrincipalAmountRepurchased" xml:lang="en-US">Borrowings principal amount repurchased.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="loc_ifrs-full_PurchaseOfTreasuryShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PurchaseOfTreasuryShares" xml:lang="en-US">Purchase of treasury shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfTreasuryShares" xlink:to="lab_ifrs-full_PurchaseOfTreasuryShares" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CreditFacilitiesAxis" xlink:label="loc_bud_CreditFacilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CreditFacilitiesAxis" xml:lang="en-US">Credit Facilities [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CreditFacilitiesAxis" xlink:to="lab_bud_CreditFacilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CreditFacilitiesDomain" xlink:label="loc_bud_CreditFacilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CreditFacilitiesDomain" xml:lang="en-US">Credit Facilities [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CreditFacilitiesDomain" xlink:to="lab_bud_CreditFacilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xml:lang="en-US">Borrowings by name [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xml:lang="en-US">Borrowings by name [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xml:lang="en-US">Borrowings by name [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xml:lang="en-US">Borrowings by name [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FiveSeriesNotesMember" xlink:label="loc_bud_FiveSeriesNotesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FiveSeriesNotesMember" xml:lang="en-US">Five Series Notes [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FiveSeriesNotesMember" xml:lang="en-US">Five Series Notes [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FiveSeriesNotesMember" xlink:to="lab_bud_FiveSeriesNotesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BorrowingsIssuedDate" xlink:label="loc_bud_BorrowingsIssuedDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BorrowingsIssuedDate" xml:lang="en-US">Borrowings Issued Date</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BorrowingsIssuedDate" xml:lang="en-US">Issue date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BorrowingsIssuedDate" xlink:to="lab_bud_BorrowingsIssuedDate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BorrowingsIssuedDate" xml:lang="en-US">Borrowings Issued Date</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-full_NotionalAmount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NotionalAmount" xml:lang="en-US">Notional amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NotionalAmount" xml:lang="en-US">Aggregate principal amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NotionalAmount" xml:lang="en-US">Notional amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsOriginalCurrency" xlink:label="loc_ifrs-full_BorrowingsOriginalCurrency" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BorrowingsOriginalCurrency" xml:lang="en-US">Borrowings, original currency</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_BorrowingsOriginalCurrency" xml:lang="en-US">Currency</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsOriginalCurrency" xlink:to="lab_ifrs-full_BorrowingsOriginalCurrency" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="loc_ifrs-full_BorrowingsInterestRate" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xml:lang="en-US">Borrowings, interest rate</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xml:lang="en-US">Interest rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsInterestRate" xlink:to="lab_ifrs-full_BorrowingsInterestRate" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsMaturity" xlink:label="loc_ifrs-full_BorrowingsMaturity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BorrowingsMaturity" xml:lang="en-US">Borrowings, maturity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_BorrowingsMaturity" xml:lang="en-US">Maturity date</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsMaturity" xlink:to="lab_ifrs-full_BorrowingsMaturity" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budnameofissuer" xlink:label="loc_bud_Budnameofissuer" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budnameofissuer" xml:lang="en-US">bud_NameOfIssuer</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budnameofissuer" xml:lang="en-US">Issuer</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budnameofissuer" xlink:to="lab_bud_Budnameofissuer" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budnameofissuer" xml:lang="en-US">bud_name of issuer.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" xlink:label="loc_bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" xml:lang="en-US">Four Point One Two Five Percent Bonds Due Nineteen May Two Thousand And Forty Five [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" xlink:to="lab_bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" xlink:label="loc_bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" xml:lang="en-US">Three Point Eight Seven Five Percent Bonds Due Nineteen May Two Thousand And Thirty Eight [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" xlink:to="lab_bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" xlink:label="loc_bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" xml:lang="en-US">Three Point Three Seven Five Percent Bonds Due Nineteen May Two Thousand And Thirty Three [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" xlink:to="lab_bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Buddateofredemption" xlink:label="loc_bud_Buddateofredemption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Buddateofredemption" xml:lang="en-US">bud_DateOfRedemption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_Buddateofredemption" xml:lang="en-US">&#8194;Date of repurchase</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Buddateofredemption" xlink:to="lab_bud_Buddateofredemption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Buddateofredemption" xml:lang="en-US">bud_date Of redemption.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfNotesRepurchased" xlink:label="loc_bud_PercentageOfNotesRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfNotesRepurchased" xml:lang="en-US">Percentage Of Notes Repurchased</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfNotesRepurchased" xml:lang="en-US">Title of series of notes partially repurchased</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfNotesRepurchased" xlink:to="lab_bud_PercentageOfNotesRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfNotesRepurchased" xml:lang="en-US">Percentage Of Notes Repurchased.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NotesRepurchasedMaturityPeriod" xlink:label="loc_bud_NotesRepurchasedMaturityPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NotesRepurchasedMaturityPeriod" xml:lang="en-US">Notes Repurchased Maturity Period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NotesRepurchasedMaturityPeriod" xml:lang="en-US">Notes Repurchased Maturity Period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NotesRepurchasedMaturityPeriod" xlink:to="lab_bud_NotesRepurchasedMaturityPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NotesRepurchasedMaturityPeriod" xml:lang="en-US">Notes Repurchased Maturity Period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_Budborrowingsprincipalamount" xlink:label="loc_bud_Budborrowingsprincipalamount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_Budborrowingsprincipalamount" xml:lang="en-US">bud_BorrowingsPrincipalAmount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_Budborrowingsprincipalamount" xml:lang="en-US">Original principal amount outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_Budborrowingsprincipalamount" xlink:to="lab_bud_Budborrowingsprincipalamount" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_Budborrowingsprincipalamount" xml:lang="en-US">bud_ Borrowings principal amount</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BorrowingPrincipalAmountNotRepurchased" xlink:label="loc_bud_BorrowingPrincipalAmountNotRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BorrowingPrincipalAmountNotRepurchased" xml:lang="en-US">Borrowing Principal Amount Not Repurchased</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BorrowingPrincipalAmountNotRepurchased" xml:lang="en-US">Principal amount not repurchased</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BorrowingPrincipalAmountNotRepurchased" xlink:to="lab_bud_BorrowingPrincipalAmountNotRepurchased" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BorrowingPrincipalAmountNotRepurchased" xml:lang="en-US">Borrowing principal amount not repurchased.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" xlink:label="loc_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" xml:lang="en-US">Three Point Six Five Zero Percentage Notes Due Two Thousand Twenty Six [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" xml:lang="en-US">3.650% Notes due 2026 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" xlink:to="lab_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" xml:lang="en-US">Three point six five zero percentage notes due two thousand twenty six.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" xlink:label="loc_bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" xml:lang="en-US">Two Point Seven Percentage Notes Due Two Thousand Twenty Six [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" xml:lang="en-US">2.700% Notes due 2026 [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" xlink:to="lab_bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" xlink:label="loc_bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" xml:lang="en-US">Four Point Zero Percentage Notes Due Two Thousand Twenty Eight [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" xml:lang="en-US">4.000%&#160;Notes&#160;due&#160;2028 [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" xlink:to="lab_bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" xlink:label="loc_bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" xml:lang="en-US">Four Point Nine Percentage Notes Due Two Thousand Forty Six One [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" xml:lang="en-US">4.900%&#160;Notes&#160;due&#160;2046 One [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" xlink:to="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" xlink:label="loc_bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" xml:lang="en-US">Four Point Nine Percentage Notes Due Two Thousand Forty Six [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" xml:lang="en-US">4.900% Notes due 2046	[Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" xlink:to="lab_bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" xlink:label="loc_bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" xml:lang="en-US">Four Point Seven Five Percentage Notes Due Two Thousand Twenty Nine [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" xml:lang="en-US">4.750% Notes due 2029 [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" xlink:to="lab_bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" xlink:label="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" xml:lang="en-US">Disclosure of reconciliation of net cash flow to movement in net debt [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" xlink:to="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" xml:lang="en-US">Disclosure of reconciliation of net cash flow to movement in net debt.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" xlink:label="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" xml:lang="en-US">Disclosure of reconciliation of net cash flow to movement in net debt [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" xml:lang="en-US">Disclosure of reconciliation of net cash flow to movement in net debt [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" xlink:to="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" xml:lang="en-US">Schedule of reconciliation of net cash flow to movement in net debt.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" xlink:label="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" xml:lang="en-US">Disclosure of reconciliation of net cash flow to movement in net debt [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" xml:lang="en-US">Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" xlink:to="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" xml:lang="en-US">Line item represent reconciliation of net cash flow to movement in net debt.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentPortionOfLongTermBorrowings" xlink:label="loc_bud_NonCurrentPortionOfLongTermBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentPortionOfLongTermBorrowings" xml:lang="en-US">Non current portion of long term borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentPortionOfLongTermBorrowings" xml:lang="en-US">Non-current interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentPortionOfLongTermBorrowings" xlink:to="lab_bud_NonCurrentPortionOfLongTermBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonCurrentPortionOfLongTermBorrowings" xml:lang="en-US">Non current portion of long term borrowings.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-full_ShorttermBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ShorttermBorrowings" xml:lang="en-US">Current borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ShorttermBorrowings" xml:lang="en-US">Current interest-bearing loans and borrowings</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowings" xlink:to="lab_ifrs-full_ShorttermBorrowings" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterestBearingLoansGrantedAndOtherDeposits" xlink:label="loc_bud_InterestBearingLoansGrantedAndOtherDeposits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterestBearingLoansGrantedAndOtherDeposits" xml:lang="en-US">Interest Bearing Loans Granted And Other Deposits</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_InterestBearingLoansGrantedAndOtherDeposits" xml:lang="en-US">Interest bearing loans granted and other deposits (included within Trade and other receivables)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterestBearingLoansGrantedAndOtherDeposits" xlink:to="lab_bud_InterestBearingLoansGrantedAndOtherDeposits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterestBearingLoansGrantedAndOtherDeposits" xml:lang="en-US">Interest Bearing Loans Granted And Other Deposits.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DebtSecurities" xlink:label="loc_ifrs-full_DebtSecurities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DebtSecurities" xml:lang="en-US">Debt instruments issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DebtSecurities" xml:lang="en-US">Debt securities (included within Investment securities)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DebtSecurities" xlink:to="lab_ifrs-full_DebtSecurities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDebt" xlink:label="loc_ifrs-full_NetDebt" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetDebt" xml:lang="en-US">Net debt</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NetDebt" xml:lang="en-US">Net debt</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDebt" xlink:to="lab_ifrs-full_NetDebt" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US">Liabilities arising from financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US">Ending balance</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US">Financial liabilities at amortised cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US">Amortized cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US">Financial liabilities at amortized cost</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:label="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xml:lang="en-US">Adjustments for unrealised foreign exchange losses (gains)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xml:lang="en-US">Unrealized foreign exchange effects</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" xlink:label="loc_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" xml:lang="en-US">Current Borrowing And Current Portion Of Noncurrent Borrowing</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" xml:lang="en-US">Current portion of long-term debt</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" xlink:to="lab_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" xml:lang="en-US">Current borrowing and current portion of non-current borrowing.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CapitalizationPaymentOfLeaseLiabilities" xlink:label="loc_bud_CapitalizationPaymentOfLeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CapitalizationPaymentOfLeaseLiabilities" xml:lang="en-US">Capitalization Payment Of Lease Liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CapitalizationPaymentOfLeaseLiabilities" xml:lang="en-US">Capitalization / (payment) of lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CapitalizationPaymentOfLeaseLiabilities" xlink:to="lab_bud_CapitalizationPaymentOfLeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CapitalizationPaymentOfLeaseLiabilities" xml:lang="en-US">Capitalization payment of lease liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" xlink:label="loc_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" xml:lang="en-US">Increase Decrease Through Loss ON Bond Redemption And Other Movements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" xml:lang="en-US">(Gain)/Loss on bond redemption and other movements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" xlink:to="lab_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" xml:lang="en-US">Increase decrease through loss on bond redemption and other movements.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xml:lang="en-US">Liabilities arising from financing activities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xml:lang="en-US">Liabilities arising from financing activities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xml:lang="en-US">Liabilities arising from financing activities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xml:lang="en-US">Liabilities arising from financing activities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowingsMember" xlink:label="loc_ifrs-full_LongtermBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LongtermBorrowingsMember" xml:lang="en-US">Long-term borrowings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LongtermBorrowingsMember" xml:lang="en-US">Long-term debt, net of current portion [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowingsMember" xlink:to="lab_ifrs-full_LongtermBorrowingsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowingsMember" xlink:label="loc_ifrs-full_ShorttermBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ShorttermBorrowingsMember" xml:lang="en-US">Short-term borrowings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ShorttermBorrowingsMember" xml:lang="en-US">Short-term debt and current portion of long-term debt [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowingsMember" xlink:to="lab_ifrs-full_ShorttermBorrowingsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xml:lang="en-US">Disclosure of defined benefit plans [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-full_DefinedBenefitPlansAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xml:lang="en-US">Defined benefit plans [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xml:lang="en-US">Defined benefit plans [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansAxis" xlink:to="lab_ifrs-full_DefinedBenefitPlansAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansDomain" xlink:label="loc_ifrs-full_DefinedBenefitPlansDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xml:lang="en-US">Defined benefit plans [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xml:lang="en-US">Defined benefit plans [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansDomain" xlink:to="lab_ifrs-full_DefinedBenefitPlansDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DefinedBenefitPlanMember" xlink:label="loc_bud_DefinedBenefitPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DefinedBenefitPlanMember" xml:lang="en-US">Defined benefit plan [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DefinedBenefitPlanMember" xml:lang="en-US">Defined Benefit Plan [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DefinedBenefitPlanMember" xlink:to="lab_bud_DefinedBenefitPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DefinedBenefitPlanMember" xml:lang="en-US">Defined benefit plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RetirementOrLeavingServicePlansMember" xlink:label="loc_bud_RetirementOrLeavingServicePlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RetirementOrLeavingServicePlansMember" xml:lang="en-US">Retirement or leaving service plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RetirementOrLeavingServicePlansMember" xml:lang="en-US">Retirement or Leaving Service Plans [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RetirementOrLeavingServicePlansMember" xlink:to="lab_bud_RetirementOrLeavingServicePlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RetirementOrLeavingServicePlansMember" xml:lang="en-US">Retirement or leaving service plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MedicalCostPlansMember" xlink:label="loc_bud_MedicalCostPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MedicalCostPlansMember" xml:lang="en-US">Medical cost plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MedicalCostPlansMember" xml:lang="en-US">Medical Cost Plans [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MedicalCostPlansMember" xlink:to="lab_bud_MedicalCostPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MedicalCostPlansMember" xml:lang="en-US">Medical cost plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherLongTermEmployeeBenefitPlansMember" xlink:label="loc_bud_OtherLongTermEmployeeBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherLongTermEmployeeBenefitPlansMember" xml:lang="en-US">Other long term employee benefit plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherLongTermEmployeeBenefitPlansMember" xml:lang="en-US">Other Long Term Employee Benefit Plans [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherLongTermEmployeeBenefitPlansMember" xlink:to="lab_bud_OtherLongTermEmployeeBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherLongTermEmployeeBenefitPlansMember" xml:lang="en-US">Other long term employee benefit plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ActiveEmployeesMember" xlink:label="loc_bud_ActiveEmployeesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ActiveEmployeesMember" xml:lang="en-US">Active employees [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ActiveEmployeesMember" xml:lang="en-US">Active Employees [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ActiveEmployeesMember" xlink:to="lab_bud_ActiveEmployeesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ActiveEmployeesMember" xml:lang="en-US">Active employees.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredMember" xlink:label="loc_bud_DeferredMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredMember" xml:lang="en-US">Deferred [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredMember" xml:lang="en-US">Deferred [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredMember" xlink:to="lab_bud_DeferredMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredMember" xml:lang="en-US">Deferred.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MembersInRetirementMember" xlink:label="loc_bud_MembersInRetirementMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MembersInRetirementMember" xml:lang="en-US">Members in retirement [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MembersInRetirementMember" xml:lang="en-US">Members in Retirement [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MembersInRetirementMember" xlink:to="lab_bud_MembersInRetirementMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MembersInRetirementMember" xml:lang="en-US">Members in retirement.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FundedDefinedBenefitPlansMember" xlink:label="loc_bud_FundedDefinedBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FundedDefinedBenefitPlansMember" xml:lang="en-US">Funded Defined Benefit Plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FundedDefinedBenefitPlansMember" xml:lang="en-US">Funded Defined Benefit Plans [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FundedDefinedBenefitPlansMember" xlink:to="lab_bud_FundedDefinedBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FundedDefinedBenefitPlansMember" xml:lang="en-US">Funded defined benefit plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" xlink:label="loc_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" xml:lang="en-US">Unfunded Defined Benefit Plans And Post Retirement Medical Plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" xml:lang="en-US">Unfunded Defined Benefit Plans And Post Retirement Medical Plans [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" xlink:to="lab_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" xml:lang="en-US">Unfunded defined benefit plans and post-retirement medical plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" xlink:label="loc_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" xml:lang="en-US">Number of postemployment benefit defined benefit plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" xml:lang="en-US">Number of defined benefit plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" xlink:to="lab_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" xml:lang="en-US">Number of postemployment benefit defined benefit plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-full_DefinedBenefitObligationAtPresentValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xml:lang="en-US">Defined benefit obligation, at present value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xml:lang="en-US">Present value of funded obligations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xml:lang="en-US">Present value of funded obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xml:lang="en-US">Net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xml:lang="en-US">Employee benefit net</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xml:lang="en-US">Net liability</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xml:lang="en-US">Defined benefit obligation at 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xml:lang="en-US">Defined benefit obligation at 31 December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInFairValueOfPlanAssets" xlink:label="loc_bud_IncreaseDecreaseInFairValueOfPlanAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInFairValueOfPlanAssets" xml:lang="en-US">Increase decrease in fair value of plan assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInFairValueOfPlanAssets" xml:lang="en-US">Increase in fair value of the plan assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInFairValueOfPlanAssets" xlink:to="lab_bud_IncreaseDecreaseInFairValueOfPlanAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInFairValueOfPlanAssets" xml:lang="en-US">Increase decrease in fair value of plan assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actuarial gains (losses) arising from changes in demographic assumptions, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actual return on plans assets resulting to gain (losses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:label="loc_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xml:lang="en-US">Estimate of contributions expected to be paid to plan for next annual reporting period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xml:lang="en-US">Expected contribution towards defined benefit plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:to="lab_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:label="loc_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xml:lang="en-US">Weighted average duration of defined benefit obligation</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xml:lang="en-US">Weighted average duration of the benefit obligation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" xlink:to="lab_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInDefinedBenefitObligations" xlink:label="loc_bud_IncreaseDecreaseInDefinedBenefitObligations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInDefinedBenefitObligations" xml:lang="en-US">Increase Decrease In Defined Benefit Obligations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInDefinedBenefitObligations" xml:lang="en-US">Increase in defined benefit obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInDefinedBenefitObligations" xlink:to="lab_bud_IncreaseDecreaseInDefinedBenefitObligations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInDefinedBenefitObligations" xml:lang="en-US">Increase decrease in defined benefit obligations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" xlink:label="loc_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" xml:lang="en-US">net defined benefit liability (asset) recognized in balance sheet [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" xml:lang="en-US">Employee benefits amounts in the statement of financial position:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" xlink:to="lab_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract" xml:lang="en-US">net defined benefit liability (asset) recognized in balance sheet [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-full_PlanAssetsAtFairValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xml:lang="en-US">Plan assets, at fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xml:lang="en-US">Fair value of plan assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsAtFairValue" xlink:to="lab_ifrs-full_PlanAssetsAtFairValue" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SurplusDeficitInFundedPlan" xlink:label="loc_bud_SurplusDeficitInFundedPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SurplusDeficitInFundedPlan" xml:lang="en-US">Surplus deficit in funded plan</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_SurplusDeficitInFundedPlan" xml:lang="en-US">Present value of net obligations for funded plans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SurplusDeficitInFundedPlan" xlink:to="lab_bud_SurplusDeficitInFundedPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SurplusDeficitInFundedPlan" xml:lang="en-US">Surplus deficit in funded plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SurplusDeficitInUnfundedPlan" xlink:label="loc_bud_SurplusDeficitInUnfundedPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SurplusDeficitInUnfundedPlan" xml:lang="en-US">Surplus deficit in unfunded plan</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SurplusDeficitInUnfundedPlan" xml:lang="en-US">Present value of unfunded obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SurplusDeficitInUnfundedPlan" xlink:to="lab_bud_SurplusDeficitInUnfundedPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SurplusDeficitInUnfundedPlan" xml:lang="en-US">Surplus deficit in unfunded plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="loc_ifrs-full_SurplusDeficitInPlan" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SurplusDeficitInPlan" xml:lang="en-US">Surplus (deficit) in plan</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_SurplusDeficitInPlan" xml:lang="en-US">Present value of net obligations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SurplusDeficitInPlan" xlink:to="lab_ifrs-full_SurplusDeficitInPlan" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IrrecoverableSurplus" xlink:label="loc_bud_IrrecoverableSurplus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IrrecoverableSurplus" xml:lang="en-US">Irrecoverable Surplus</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IrrecoverableSurplus" xml:lang="en-US">Unrecognized asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_bud_IrrecoverableSurplus" xml:lang="en-US">Irrecoverable surplus impact at 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_bud_IrrecoverableSurplus" xml:lang="en-US">Irrecoverable surplus impact at 31 December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IrrecoverableSurplus" xlink:to="lab_bud_IrrecoverableSurplus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IrrecoverableSurplus" xml:lang="en-US">Irrecoverable surplus.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" xlink:label="loc_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" xml:lang="en-US">Defined benefit obligation excluding irrecoverable surplus</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" xml:lang="en-US">Net liability</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" xlink:to="lab_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus" xml:lang="en-US">Defined benefit obligation excluding irrecoverable surplus.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="loc_ifrs-full_OtherLongtermProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherLongtermProvisions" xml:lang="en-US">Other non-current provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_OtherLongtermProvisions" xml:lang="en-US">Other long term employee benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherLongtermProvisions" xlink:to="lab_ifrs-full_OtherLongtermProvisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Current service cost, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Current service costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xlink:label="loc_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xml:lang="en-US">Interest expense (income), defined benefit plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xml:lang="en-US">Interest cost</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" xlink:to="lab_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Past service cost, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Past service gain/(cost)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdministrativeCostDefinedBenefitLiabilityAsset" xlink:label="loc_bud_AdministrativeCostDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdministrativeCostDefinedBenefitLiabilityAsset" xml:lang="en-US">Administrative Cost Defined Benefit Liability Asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_AdministrativeCostDefinedBenefitLiabilityAsset" xml:lang="en-US">Administration costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdministrativeCostDefinedBenefitLiabilityAsset" xlink:to="lab_bud_AdministrativeCostDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdministrativeCostDefinedBenefitLiabilityAsset" xml:lang="en-US">Administrative Cost Defined Benefit Liability Asset</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Payments in respect of settlements, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Assets distributed on settlements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Return on plan assets excluding interest income or expense, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Return on plan assets exceeding interest income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Payments from plan, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Benefits paid</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Contributions to plan by employer, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Contributions by AB InBev</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Contributions to plan by plan participants, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Contribution by plan participants</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" xlink:label="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" xml:lang="en-US">Actuarial gains (losses) arising from changes in demographic assumptions, net of tax, defined benefit plans</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" xml:lang="en-US">Actuarial gains/(losses) &#8211; demographic assumptions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" xlink:to="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actuarial gains/(losses) &#8211; financial assumptions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" xlink:label="loc_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actuarial Gains Losses Arising From Changes In Experience Adjustment Net Defined Benefit Liability Asset</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Experience adjustments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" xlink:to="lab_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Actuarial gains losses arising from changes in experience adjustment net defined benefit liability asset.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Increase (decrease) through other changes, net defined benefit liability (asset)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xml:lang="en-US">Transfers and other movements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:label="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xml:lang="en-US">Present value of defined benefit obligation [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xml:lang="en-US">Present Value of Defined Benefit Obligation [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:to="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsMember" xlink:label="loc_ifrs-full_PlanAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PlanAssetsMember" xml:lang="en-US">Plan assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PlanAssetsMember" xml:lang="en-US">Plan Assets [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsMember" xlink:to="lab_ifrs-full_PlanAssetsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" xlink:label="loc_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" xml:lang="en-US">Disclosure of changes in unrecognized assets of defined benefit plans [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" xlink:to="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract" xml:lang="en-US">Disclosure of changes in unrecognized assets of defined benefit plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IrrecoverableSurplusInterestExpense" xlink:label="loc_bud_IrrecoverableSurplusInterestExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IrrecoverableSurplusInterestExpense" xml:lang="en-US">Irrecoverable surplus interest expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IrrecoverableSurplusInterestExpense" xml:lang="en-US">Interest expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IrrecoverableSurplusInterestExpense" xlink:to="lab_bud_IrrecoverableSurplusInterestExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IrrecoverableSurplusInterestExpense" xml:lang="en-US">Irrecoverable surplus interest expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IrrecoverableSurplusChange" xlink:label="loc_bud_IrrecoverableSurplusChange" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IrrecoverableSurplusChange" xml:lang="en-US">Irrecoverable Surplus Change</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_IrrecoverableSurplusChange" xml:lang="en-US">Changes excluding amounts included in interest expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IrrecoverableSurplusChange" xlink:to="lab_bud_IrrecoverableSurplusChange" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IrrecoverableSurplusChange" xml:lang="en-US">Irrecoverable surplus change.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEmployeeBenefitsExpensesAbstract" xlink:label="loc_bud_DisclosureOfEmployeeBenefitsExpensesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEmployeeBenefitsExpensesAbstract" xml:lang="en-US">Disclosure of employee benefits expenses [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfEmployeeBenefitsExpensesAbstract" xlink:to="lab_bud_DisclosureOfEmployeeBenefitsExpensesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEmployeeBenefitsExpensesAbstract" xml:lang="en-US">Disclosure of employee benefits expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEmployeeBenefitExpensesTable" xlink:label="loc_bud_DisclosureOfEmployeeBenefitExpensesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesTable" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesTable" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfEmployeeBenefitExpensesTable" xlink:to="lab_bud_DisclosureOfEmployeeBenefitExpensesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesTable" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfEmployeeBenefitExpensesLineItems" xlink:label="loc_bud_DisclosureOfEmployeeBenefitExpensesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesLineItems" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesLineItems" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfEmployeeBenefitExpensesLineItems" xlink:to="lab_bud_DisclosureOfEmployeeBenefitExpensesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfEmployeeBenefitExpensesLineItems" xml:lang="en-US">Disclosure Of Employee Benefit Expenses [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EmployeeBenefitsExpenseCurrentServiceCost" xlink:label="loc_bud_EmployeeBenefitsExpenseCurrentServiceCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EmployeeBenefitsExpenseCurrentServiceCost" xml:lang="en-US">Employee (benefits) expense current service cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_EmployeeBenefitsExpenseCurrentServiceCost" xml:lang="en-US">Current service costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EmployeeBenefitsExpenseCurrentServiceCost" xlink:to="lab_bud_EmployeeBenefitsExpenseCurrentServiceCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EmployeeBenefitsExpenseCurrentServiceCost" xml:lang="en-US">Employee (benefits) expense current service cost.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EmployeeBenefitsExpenseAdministrativeExpenses" xlink:label="loc_bud_EmployeeBenefitsExpenseAdministrativeExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EmployeeBenefitsExpenseAdministrativeExpenses" xml:lang="en-US">Employee (benefits) expense administrative expenses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_EmployeeBenefitsExpenseAdministrativeExpenses" xml:lang="en-US">Administration costs</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EmployeeBenefitsExpenseAdministrativeExpenses" xlink:to="lab_bud_EmployeeBenefitsExpenseAdministrativeExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EmployeeBenefitsExpenseAdministrativeExpenses" xml:lang="en-US">Employee (benefits) expense administrative expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EmployeeBenefitsExpensePastServiceCosts" xlink:label="loc_bud_EmployeeBenefitsExpensePastServiceCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EmployeeBenefitsExpensePastServiceCosts" xml:lang="en-US">Employee (benefits) expense past service costs</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_EmployeeBenefitsExpensePastServiceCosts" xml:lang="en-US">Past service cost due to plan amendments, curtailments or settlements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EmployeeBenefitsExpensePastServiceCosts" xlink:to="lab_bud_EmployeeBenefitsExpensePastServiceCosts" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EmployeeBenefitsExpensePastServiceCosts" xml:lang="en-US">Employee (benefits) expense past service costs.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" xlink:label="loc_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" xml:lang="en-US">Gains loss on due to experience and demographic assumption changes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" xml:lang="en-US">(Losses)/gains due to experience and demographic assumption changes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" xlink:to="lab_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges" xml:lang="en-US">Gains loss on due to experience and demographic assumption changes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EmployeeBenefitsExpenseProfitLossFromOperations" xlink:label="loc_bud_EmployeeBenefitsExpenseProfitLossFromOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EmployeeBenefitsExpenseProfitLossFromOperations" xml:lang="en-US">Employee benefits expense profit loss from operations</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_bud_EmployeeBenefitsExpenseProfitLossFromOperations" xml:lang="en-US">Profit from operations</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EmployeeBenefitsExpenseProfitLossFromOperations" xlink:to="lab_bud_EmployeeBenefitsExpenseProfitLossFromOperations" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EmployeeBenefitsExpenseProfitLossFromOperations" xml:lang="en-US">Employee benefits expense profit loss from operations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EmployeeBenefitsExpenseNetFinanceCost" xlink:label="loc_bud_EmployeeBenefitsExpenseNetFinanceCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EmployeeBenefitsExpenseNetFinanceCost" xml:lang="en-US">Employee benefits expense net finance cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_EmployeeBenefitsExpenseNetFinanceCost" xml:lang="en-US">Net finance cost</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EmployeeBenefitsExpenseNetFinanceCost" xlink:to="lab_bud_EmployeeBenefitsExpenseNetFinanceCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EmployeeBenefitsExpenseNetFinanceCost" xml:lang="en-US">Employee benefits expense net finance cost.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetFinanceCostMember" xlink:label="loc_bud_NetFinanceCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetFinanceCostMember" xml:lang="en-US">Net finance cost [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_NetFinanceCostMember" xml:lang="en-US">Net finance cost [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetFinanceCostMember" xlink:to="lab_bud_NetFinanceCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetFinanceCostMember" xml:lang="en-US">Net finance cost.</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageAssumptionsUsedToDetermineBenefitObligationsAbstract" xml:lang="en-US">Weighted Average Assumptions Used To Determine Benefit Obligations[abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" xlink:label="loc_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" xml:lang="en-US">Disclosure of weighted average assumptions used to determine benefit obligations [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" xml:lang="en-US">Disclosure of weighted average assumptions used to determine benefit obligations [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" xlink:to="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsTable" xml:lang="en-US">Schedule of weighted average assumptions used to determine benefit obligations.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MaleMember" xlink:label="loc_bud_MaleMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MaleMember" xml:lang="en-US">Male [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MaleMember" xml:lang="en-US">Male [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MaleMember" xlink:to="lab_bud_MaleMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MaleMember" xml:lang="en-US">Male.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FemaleMember" xlink:label="loc_bud_FemaleMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FemaleMember" xml:lang="en-US">Female [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FemaleMember" xml:lang="en-US">Female [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FemaleMember" xlink:to="lab_bud_FemaleMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FemaleMember" xml:lang="en-US">Female.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" xlink:label="loc_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" xml:lang="en-US">Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" xml:lang="en-US">Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" xlink:to="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems" xml:lang="en-US">Line items represent weighted average assumptions used to determine benefit obligations,</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xml:lang="en-US">Actuarial assumption of discount rates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xml:lang="en-US">Discount rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xml:lang="en-US">Actuarial assumption of expected rates of inflation</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xml:lang="en-US">Price inflation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xml:lang="en-US">Actuarial assumption of expected rates of salary increases</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xml:lang="en-US">Future salary increases</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xml:lang="en-US">Actuarial assumption of expected rates of pension increases</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xml:lang="en-US">Future pension increases</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xml:lang="en-US">Actuarial assumption of medical cost trend rates</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xml:lang="en-US">Medical cost trend rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ActuarialAssumptionOfLifeExpectancy" xlink:label="loc_bud_ActuarialAssumptionOfLifeExpectancy" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ActuarialAssumptionOfLifeExpectancy" xml:lang="en-US">Actuarial Assumption Of Life Expectancy</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ActuarialAssumptionOfLifeExpectancy" xml:lang="en-US">Life expectation for a 65 year old</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ActuarialAssumptionOfLifeExpectancy" xlink:to="lab_bud_ActuarialAssumptionOfLifeExpectancy" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ActuarialAssumptionOfLifeExpectancy" xml:lang="en-US">Actuarial assumption of life expectancy.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CA" xlink:label="loc_country_CA" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CA" xml:lang="en-US">CANADA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CA" xml:lang="en-US">Canada [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA" xlink:to="lab_country_CA" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_GB" xlink:label="loc_country_GB" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_GB" xml:lang="en-US">UNITED KINGDOM</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_GB" xml:lang="en-US">United Kingdom [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB" xlink:to="lab_country_GB" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsAbstract" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsAbstract" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [abstract]</link:label>
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          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="loc_ifrs-full_ActuarialAssumptionsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsAxis" xlink:to="lab_ifrs-full_ActuarialAssumptionsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsDomain" xlink:label="loc_ifrs-full_ActuarialAssumptionsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xml:lang="en-US">Actuarial assumptions [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xml:lang="en-US">Actuarial assumptions [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsDomain" xlink:to="lab_ifrs-full_ActuarialAssumptionsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="loc_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xml:lang="en-US">Actuarial assumption of discount rates [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xml:lang="en-US">Discount Rate [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ActuarialAssumptionOfPriceInflationMember" xlink:label="loc_bud_ActuarialAssumptionOfPriceInflationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ActuarialAssumptionOfPriceInflationMember" xml:lang="en-US">Actuarial assumption of price inflation [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ActuarialAssumptionOfPriceInflationMember" xml:lang="en-US">Price inflation [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ActuarialAssumptionOfPriceInflationMember" xlink:to="lab_bud_ActuarialAssumptionOfPriceInflationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ActuarialAssumptionOfPriceInflationMember" xml:lang="en-US">Actuarial assumption of price inflation.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xml:lang="en-US">Actuarial assumption of expected rates of salary increases [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xml:lang="en-US">Future Salary Increases [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xml:lang="en-US">Actuarial assumption of medical cost trend rates [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xml:lang="en-US">Medical Cost Trend Rate [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ActualAssumptionOfMortalityRateMember" xlink:label="loc_bud_ActualAssumptionOfMortalityRateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ActualAssumptionOfMortalityRateMember" xml:lang="en-US">Actual Assumption Of Mortality Rate [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ActualAssumptionOfMortalityRateMember" xlink:to="lab_bud_ActualAssumptionOfMortalityRateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ActualAssumptionOfMortalityRateMember" xml:lang="en-US">Actual assumption of mortality rate.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:label="loc_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Longevity of reasonably possible increase in actuarial assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Change in assumption</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="lab_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Longevity of reasonably possible increase in actuarial assumption.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Percentage of reasonably possible increase in actuarial assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Change in assumption</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:label="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xml:lang="en-US">Increase in assumption</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:label="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xml:lang="en-US">Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xml:lang="en-US">Decrease in assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xml:lang="en-US">Positive/negative impact on profit before tax</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:to="lab_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfPlanAssetsAbstract" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsAbstract" xml:lang="en-US">Disclosure of fair value of plan assets [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" xml:lang="en-US">Disclosure of fair value of plan assets [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" xml:lang="en-US">Disclosure of fair value of plan assets [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GovernmentBondsMember" xlink:label="loc_bud_GovernmentBondsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GovernmentBondsMember" xml:lang="en-US">Government bonds [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GovernmentBondsMember" xml:lang="en-US">Government Bonds [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GovernmentBondsMember" xlink:to="lab_bud_GovernmentBondsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GovernmentBondsMember" xml:lang="en-US">Government bonds.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CorporateBondsMember" xlink:label="loc_bud_CorporateBondsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CorporateBondsMember" xml:lang="en-US">Corporate Bonds [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CorporateBondsMember" xml:lang="en-US">Corporate Bonds [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CorporateBondsMember" xlink:to="lab_bud_CorporateBondsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CorporateBondsMember" xml:lang="en-US">Corporate Bonds [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EquityInstrumentsMember" xlink:label="loc_bud_EquityInstrumentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EquityInstrumentsMember" xml:lang="en-US">Equity instruments [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EquityInstrumentsMember" xml:lang="en-US">Equity instruments [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EquityInstrumentsMember" xlink:to="lab_bud_EquityInstrumentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EquityInstrumentsMember" xml:lang="en-US">Equity instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PropertyMember" xlink:label="loc_bud_PropertyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PropertyMember" xml:lang="en-US">Property [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PropertyMember" xml:lang="en-US">Property [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PropertyMember" xlink:to="lab_bud_PropertyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PropertyMember" xml:lang="en-US">Property member.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InsuranceContractsAndOthersMember" xlink:label="loc_bud_InsuranceContractsAndOthersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InsuranceContractsAndOthersMember" xml:lang="en-US">Insurance contracts and others [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InsuranceContractsAndOthersMember" xml:lang="en-US">Insurance Contracts and Others [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InsuranceContractsAndOthersMember" xlink:to="lab_bud_InsuranceContractsAndOthersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InsuranceContractsAndOthersMember" xml:lang="en-US">Insurance contracts and others.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" xml:lang="en-US">Disclosure of fair value of plan assets [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" xml:lang="en-US">Disclosure of fair value of plan assets [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" xlink:label="loc_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" xml:lang="en-US">Defined benefit plan assets target allocation percentage</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" xml:lang="en-US">Fair value of plan assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" xlink:to="lab_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage" xml:lang="en-US">Defined benefit plan assets target allocation percentage.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_QuotedPlanAssetsMember" xlink:label="loc_bud_QuotedPlanAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_QuotedPlanAssetsMember" xml:lang="en-US">Quoted Plan Assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_QuotedPlanAssetsMember" xml:lang="en-US">Quoted [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_QuotedPlanAssetsMember" xlink:to="lab_bud_QuotedPlanAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_QuotedPlanAssetsMember" xml:lang="en-US">Quoted plan assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnquotedPlanAssetsMember" xlink:label="loc_bud_UnquotedPlanAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnquotedPlanAssetsMember" xml:lang="en-US">Unquoted plan assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnquotedPlanAssetsMember" xml:lang="en-US">Unquoted [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnquotedPlanAssetsMember" xlink:to="lab_bud_UnquotedPlanAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnquotedPlanAssetsMember" xml:lang="en-US">Unquoted plan assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" xlink:label="loc_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" xml:lang="en-US">Percentage Of Discount On Market Price Of Share For Share Based Payments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" xml:lang="en-US">Percentage of discount on market price of share for share based payments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" xlink:to="lab_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments" xml:lang="en-US">Percentage of discount on market price of share for share based payments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" xlink:label="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" xml:lang="en-US">Weighted average fair value at measurement date, other equity instruments granted</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" xml:lang="en-US">Share-based compensation grant date fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" xml:lang="en-US">Share-based compensation grant date fair value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" xlink:to="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US">Number of share options granted in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US">Stock options granted</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:label="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xml:lang="en-US">Weighted average fair value at measurement date, share options granted</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xml:lang="en-US">Fair value of stock options granted</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xml:lang="en-US">Fair value of options granted</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" xlink:to="lab_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:label="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">Number of other equity instruments granted in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">Number of other equity instruments granted in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/presentationGuidance" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">Share-based compensation number of shares issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">RSUs and PSUs issued during the year</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">Share-based compensation number of shares issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xml:lang="en-US">Share-based compensation grant date fair value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ShareBasedCompensationByShareBasedAwardVestingTerm" xlink:label="loc_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" xml:lang="en-US">Share Based Compensation By Share Based Award Vesting Term</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" xml:lang="en-US">Share based compensation by share based award vesting term</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" xlink:to="lab_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ShareBasedCompensationByShareBasedAwardVestingTerm" xml:lang="en-US">Share based compensation by share based award vesting term.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RestrictedStockUnitsMember" xlink:label="loc_bud_RestrictedStockUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RestrictedStockUnitsMember" xml:lang="en-US">Restricted stock units [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RestrictedStockUnitsMember" xml:lang="en-US">Restricted Stock Units [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RestrictedStockUnitsMember" xlink:to="lab_bud_RestrictedStockUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RestrictedStockUnitsMember" xml:lang="en-US">Restricted stock units.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DiscretionaryRestrictedStockUnitsPlanMember" xlink:label="loc_bud_DiscretionaryRestrictedStockUnitsPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DiscretionaryRestrictedStockUnitsPlanMember" xml:lang="en-US">Discretionary Restricted Stock Units Plan [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DiscretionaryRestrictedStockUnitsPlanMember" xlink:to="lab_bud_DiscretionaryRestrictedStockUnitsPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DiscretionaryRestrictedStockUnitsPlanMember" xml:lang="en-US">Discretionary restricted stock units plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NewRestrictedStockUnitsPlanMember" xlink:label="loc_bud_NewRestrictedStockUnitsPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NewRestrictedStockUnitsPlanMember" xml:lang="en-US">New Restricted Stock Units Plan [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NewRestrictedStockUnitsPlanMember" xlink:to="lab_bud_NewRestrictedStockUnitsPlanMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:label="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xml:lang="en-US">Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xml:lang="en-US">Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" xlink:to="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" xlink:label="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" xml:lang="en-US">Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" xml:lang="en-US">Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" xlink:to="lab_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BudweiserApacMember" xlink:label="loc_bud_BudweiserApacMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BudweiserApacMember" xml:lang="en-US">Budweiser APAC [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BudweiserApacMember" xml:lang="en-US">Budweiser APAC [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_BudweiserApacMember" xml:lang="en-US">Budweiser APAC [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BudweiserApacMember" xlink:to="lab_bud_BudweiserApacMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BudweiserApacMember" xml:lang="en-US">Budweiser APAC.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlanName1Axis" xlink:label="loc_bud_PlanName1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlanName1Axis" xml:lang="en-US">Plan Name 1 [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlanName1Axis" xlink:to="lab_bud_PlanName1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlanName1Axis" xml:lang="en-US">Plan name.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlanName1Domain" xlink:label="loc_bud_PlanName1Domain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlanName1Domain" xml:lang="en-US">Plan Name 1 [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlanName1Domain" xlink:to="lab_bud_PlanName1Domain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlanName1Domain" xml:lang="en-US">Plan name 1.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CriteriaAxis" xlink:label="loc_bud_CriteriaAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CriteriaAxis" xml:lang="en-US">Criteria [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CriteriaAxis" xlink:to="lab_bud_CriteriaAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CriteriaDomain" xlink:label="loc_bud_CriteriaDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CriteriaDomain" xml:lang="en-US">Criteria [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CriteriaDomain" xlink:to="lab_bud_CriteriaDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PerformanceTestMember" xlink:label="loc_bud_PerformanceTestMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PerformanceTestMember" xml:lang="en-US">Performance Test [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PerformanceTestMember" xml:lang="en-US">Performance Test [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PerformanceTestMember" xlink:to="lab_bud_PerformanceTestMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlanAxis" xlink:label="loc_bud_PlanAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlanAxis" xml:lang="en-US">Plan [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlanAxis" xlink:to="lab_bud_PlanAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlanAxis" xml:lang="en-US">Plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlanDomain" xlink:label="loc_bud_PlanDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlanDomain" xml:lang="en-US">Plan [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlanDomain" xlink:to="lab_bud_PlanDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlanDomain" xml:lang="en-US">Plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_VestingPeriodAxis" xlink:label="loc_bud_VestingPeriodAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_VestingPeriodAxis" xml:lang="en-US">Vesting Period [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_VestingPeriodAxis" xlink:to="lab_bud_VestingPeriodAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_VestingPeriodAxis" xml:lang="en-US">Vesting period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_VestingPeriodDomain" xlink:label="loc_bud_VestingPeriodDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_VestingPeriodDomain" xml:lang="en-US">Vesting Period [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_VestingPeriodDomain" xlink:to="lab_bud_VestingPeriodDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_VestingPeriodDomain" xml:lang="en-US">Vesting period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FiveYearVestingMember" xlink:label="loc_bud_FiveYearVestingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FiveYearVestingMember" xml:lang="en-US">Five Year Vesting [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FiveYearVestingMember" xlink:to="lab_bud_FiveYearVestingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FiveYearVestingMember" xml:lang="en-US">Five year vesting.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ThreeYearVestingMember" xlink:label="loc_bud_ThreeYearVestingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ThreeYearVestingMember" xml:lang="en-US">Three Year Vesting [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ThreeYearVestingMember" xlink:to="lab_bud_ThreeYearVestingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ThreeYearVestingMember" xml:lang="en-US">Three year vesting.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfShareToAcquireByHolder" xlink:label="loc_bud_DescriptionOfShareToAcquireByHolder" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfShareToAcquireByHolder" xml:lang="en-US">Description of Share to Acquire by Holder</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfShareToAcquireByHolder" xml:lang="en-US">Description of share to acquire by holder</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfShareToAcquireByHolder" xlink:to="lab_bud_DescriptionOfShareToAcquireByHolder" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfShareToAcquireByHolder" xml:lang="en-US">Description of share to acquire by holder.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherRecurringLtiRsuPlansMember" xlink:label="loc_bud_OtherRecurringLtiRsuPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherRecurringLtiRsuPlansMember" xml:lang="en-US">Other Recurring LTI RSU Plans [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherRecurringLtiRsuPlansMember" xml:lang="en-US">Other Recurring LTI RSU Plans [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherRecurringLtiRsuPlansMember" xlink:to="lab_bud_OtherRecurringLtiRsuPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherRecurringLtiRsuPlansMember" xml:lang="en-US">Other recurring LTI RSU plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnnualLtiPlansMember" xlink:label="loc_bud_AnnualLtiPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnnualLtiPlansMember" xml:lang="en-US">Annual LTI Plans [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnnualLtiPlansMember" xml:lang="en-US">Annual LTI Plans [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnnualLtiPlansMember" xlink:to="lab_bud_AnnualLtiPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnnualLtiPlansMember" xml:lang="en-US">Annual lti plans.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PerformanceShareUnitsMember" xlink:label="loc_bud_PerformanceShareUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PerformanceShareUnitsMember" xml:lang="en-US">Performance share units (PSUs) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PerformanceShareUnitsMember" xlink:to="lab_bud_PerformanceShareUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PerformanceShareUnitsMember" xml:lang="en-US">Performance share units (PSUs) .</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LongTermRestrictedStockUnitProgramOneMember" xlink:label="loc_bud_LongTermRestrictedStockUnitProgramOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LongTermRestrictedStockUnitProgramOneMember" xml:lang="en-US">Long term restricted stock unit program one [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LongTermRestrictedStockUnitProgramOneMember" xml:lang="en-US">Long Term Restricted Stock Unit Program One [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LongTermRestrictedStockUnitProgramOneMember" xlink:to="lab_bud_LongTermRestrictedStockUnitProgramOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LongTermRestrictedStockUnitProgramOneMember" xml:lang="en-US">Long term restricted stock unit program one.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LongTermIncentiveRestrictedStockUnitMember" xlink:label="loc_bud_LongTermIncentiveRestrictedStockUnitMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LongTermIncentiveRestrictedStockUnitMember" xml:lang="en-US">Long Term Incentive Restricted Stock Unit [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LongTermIncentiveRestrictedStockUnitMember" xml:lang="en-US">Long Term Incentive Restricted Stock Unit [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LongTermIncentiveRestrictedStockUnitMember" xlink:to="lab_bud_LongTermIncentiveRestrictedStockUnitMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LongTermIncentiveRestrictedStockUnitMember" xml:lang="en-US">Long term incentive restricted stock unit.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LongTermIncentivePerformanceShareUnitsMember" xlink:label="loc_bud_LongTermIncentivePerformanceShareUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LongTermIncentivePerformanceShareUnitsMember" xml:lang="en-US">Long Term Incentive Performance Share Units [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LongTermIncentivePerformanceShareUnitsMember" xml:lang="en-US">Long Term Incentive Performance Share Units [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LongTermIncentivePerformanceShareUnitsMember" xlink:to="lab_bud_LongTermIncentivePerformanceShareUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LongTermIncentivePerformanceShareUnitsMember" xml:lang="en-US">Long term incentive performance share units.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BoardOfDirectorMember" xlink:label="loc_bud_BoardOfDirectorMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BoardOfDirectorMember" xml:lang="en-US">Board of director [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BoardOfDirectorMember" xml:lang="en-US">Board of Director [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BoardOfDirectorMember" xlink:to="lab_bud_BoardOfDirectorMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BoardOfDirectorMember" xml:lang="en-US">Board of director.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExecutivesMember" xlink:label="loc_bud_ExecutivesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExecutivesMember" xml:lang="en-US">Executives [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExecutivesMember" xml:lang="en-US">Executive [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExecutivesMember" xlink:to="lab_bud_ExecutivesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExecutivesMember" xml:lang="en-US">Executives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" xlink:label="loc_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Exercise price of outstanding share options and warrants</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Exercise price of outstanding options and warrants</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" xlink:to="lab_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Exercise price of outstanding share options and warrants.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" xlink:label="loc_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options and warrants</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Weighted average remaining contractual life of options and warrants (in Years)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" xlink:to="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options and warrants.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TitleOfIndividual1Axis" xlink:label="loc_bud_TitleOfIndividual1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TitleOfIndividual1Axis" xml:lang="en-US">Title of individual 1 [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TitleOfIndividual1Axis" xml:lang="en-US">Title of individual 1 [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TitleOfIndividual1Axis" xlink:to="lab_bud_TitleOfIndividual1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TitleOfIndividual1Axis" xml:lang="en-US">Title of individual 1.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GovernmentGrantsDomain" xlink:label="loc_bud_GovernmentGrantsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GovernmentGrantsDomain" xml:lang="en-US">Government Grants [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GovernmentGrantsDomain" xml:lang="en-US">Government Grants [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GovernmentGrantsDomain" xlink:to="lab_bud_GovernmentGrantsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GovernmentGrantsDomain" xml:lang="en-US">Government grants domain.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" xlink:label="loc_bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" xml:lang="en-US">Disclosure of information about options outstanding [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" xlink:to="lab_bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingAbstract" xml:lang="en-US">Disclosure of information about options outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutOptionsOutstandingTable" xlink:label="loc_bud_DisclosureOfInformationAboutOptionsOutstandingTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingTable" xml:lang="en-US">Disclosure of information about options outstanding [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingTable" xml:lang="en-US">Disclosure of information about options outstanding [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutOptionsOutstandingTable" xlink:to="lab_bud_DisclosureOfInformationAboutOptionsOutstandingTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingTable" xml:lang="en-US">Schedule disclosing information about options outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" xlink:label="loc_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" xml:lang="en-US">Disclosure of information about options outstanding [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" xml:lang="en-US">Disclosure of information about options outstanding [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" xlink:to="lab_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems" xml:lang="en-US">Line items represents information about options outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOutstandingShareOptions" xlink:label="loc_ifrs-full_NumberOfOutstandingShareOptions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xml:lang="en-US">Options outstanding at 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xml:lang="en-US">Options outstanding at the end of December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:to="lab_ifrs-full_NumberOfOutstandingShareOptions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xml:lang="en-US">Number of share options exercised in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xml:lang="en-US">Options exercised during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US">Number of share options forfeited in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US">Options forfeited during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xml:lang="en-US">Number of share options expired in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xml:lang="en-US">Options lapsed during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" xlink:label="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" xml:lang="en-US">Disclosure of options weighted average exercise price [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" xlink:to="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceAbstract" xml:lang="en-US">Disclosure of options weighted average exercise price.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" xlink:label="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" xml:lang="en-US">Disclosure of options weighted average exercise price [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" xml:lang="en-US">Disclosure of options weighted average exercise price [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" xlink:to="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceTable" xml:lang="en-US">Schedule disclosing information about options weighted average exercise price.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" xlink:label="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" xml:lang="en-US">Disclosure of options weighted average exercise price [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" xml:lang="en-US">Disclosure of options weighted average exercise price [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" xlink:to="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems" xml:lang="en-US">Line items represents information about options weighted average exercise price.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xml:lang="en-US">Weighted average exercise price of share options forfeited in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xml:lang="en-US">Forfeited during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xml:lang="en-US">Weighted average exercise price of share options outstanding in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xml:lang="en-US">Options outstanding at 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xml:lang="en-US">Outstanding at the end of December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xml:lang="en-US">Weighted average exercise price of share options exercisable in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xml:lang="en-US">Exercisable at the end of December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xml:lang="en-US">Weighted average exercise price of share options exercised in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xml:lang="en-US">Exercised during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xml:lang="en-US">Weighted average exercise price of share options expired in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xml:lang="en-US">Lapsed during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOtherEquityInstrumentsAbstract" xlink:label="loc_bud_DisclosureOfOtherEquityInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsAbstract" xml:lang="en-US">Disclosure Of Other Equity Instruments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOtherEquityInstrumentsAbstract" xlink:to="lab_bud_DisclosureOfOtherEquityInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsAbstract" xml:lang="en-US">Disclosure Of Other Equity Instrument.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOtherEquityInstrumentsTable" xlink:label="loc_bud_DisclosureOfOtherEquityInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsTable" xml:lang="en-US">Disclosure of other equity instruments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsTable" xml:lang="en-US">Disclosure of other equity instruments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOtherEquityInstrumentsTable" xlink:to="lab_bud_DisclosureOfOtherEquityInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsTable" xml:lang="en-US">Disclosure of other equity instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfOtherEquityInstrumentsLineItems" xlink:label="loc_bud_DisclosureOfOtherEquityInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsLineItems" xml:lang="en-US">Disclosure of other equity instruments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsLineItems" xml:lang="en-US">Disclosure of other equity instruments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfOtherEquityInstrumentsLineItems" xlink:to="lab_bud_DisclosureOfOtherEquityInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfOtherEquityInstrumentsLineItems" xml:lang="en-US">Line items of other equity instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US">Number of other equity instruments outstanding in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US">RSUs and PSUs outstanding at 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US">RSUs and PSUs outstanding at the end of December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xml:lang="en-US">RSUs and PSUs vested during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US">Number of other equity instruments forfeited in share-based payment arrangement</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US">RSUs and PSUs forfeited during the year</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" xlink:label="loc_bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" xml:lang="en-US">Restricted Stock Units And Performance Stock Units [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" xml:lang="en-US">Restricted Stock Units And Performance Stock Units [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" xlink:to="lab_bud_RestrictedStockUnitsAndPerformanceStockUnitsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" xlink:label="loc_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" xml:lang="en-US">Weighted average remaining contractual life of options and warrants</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" xlink:to="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options period.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:label="loc_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xml:lang="en-US">Exercise price of outstanding share options</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xml:lang="en-US">Exercise price of outstanding options and warrants</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" xlink:to="lab_ifrs-full_ExercisePriceOfOutstandingShareOptions2019" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DescriptionOfShareBasedCompensationVestingPeriod" xlink:label="loc_bud_DescriptionOfShareBasedCompensationVestingPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DescriptionOfShareBasedCompensationVestingPeriod" xml:lang="en-US">Description of Share Based Compensation Vesting Period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DescriptionOfShareBasedCompensationVestingPeriod" xml:lang="en-US">Vesting period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DescriptionOfShareBasedCompensationVestingPeriod" xlink:to="lab_bud_DescriptionOfShareBasedCompensationVestingPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DescriptionOfShareBasedCompensationVestingPeriod" xml:lang="en-US">Description of share based compensation vesting period.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmbevSharebasedCompensationProgramMember" xlink:label="loc_bud_AmbevSharebasedCompensationProgramMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmbevSharebasedCompensationProgramMember" xml:lang="en-US">Ambev ShareBased Compensation Program [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmbevSharebasedCompensationProgramMember" xml:lang="en-US">Ambev ShareBased Compensation Program [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmbevSharebasedCompensationProgramMember" xlink:to="lab_bud_AmbevSharebasedCompensationProgramMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmbevSharebasedCompensationProgramMember" xml:lang="en-US">Ambev share-based compensation program.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TwoThousandEighteenShareBasedCompensationPlanMember" xlink:label="loc_bud_TwoThousandEighteenShareBasedCompensationPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TwoThousandEighteenShareBasedCompensationPlanMember" xml:lang="en-US">Two Thousand Eighteen Share Based Compensation Plan [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TwoThousandEighteenShareBasedCompensationPlanMember" xml:lang="en-US">2018 Share-Based Compensation Plan [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TwoThousandEighteenShareBasedCompensationPlanMember" xlink:to="lab_bud_TwoThousandEighteenShareBasedCompensationPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TwoThousandEighteenShareBasedCompensationPlanMember" xml:lang="en-US">Two thousand eighteen share-based compensation plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfShareBasedCompaensationProgramAbstract" xlink:label="loc_bud_DisclosureOfShareBasedCompaensationProgramAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfShareBasedCompaensationProgramAbstract" xml:lang="en-US">Disclosure of Share Based Compaensation Program [Abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfShareBasedCompaensationProgramAbstract" xlink:to="lab_bud_DisclosureOfShareBasedCompaensationProgramAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfShareBasedCompaensationProgramAbstract" xml:lang="en-US">Disclosure of Share Based Compaensation Program</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfShareBasedCompaensationProgramTable" xlink:label="loc_bud_DisclosureOfShareBasedCompaensationProgramTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfShareBasedCompaensationProgramTable" xml:lang="en-US">Disclosure Of Share Based Compaensation Program [Table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfShareBasedCompaensationProgramTable" xlink:to="lab_bud_DisclosureOfShareBasedCompaensationProgramTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfShareBasedCompaensationProgramTable" xml:lang="en-US">Disclosure Of Share Based Compaensation Program</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfShareBasedCompensationProgramLineItems" xlink:label="loc_bud_DisclosureOfShareBasedCompensationProgramLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfShareBasedCompensationProgramLineItems" xml:lang="en-US">Disclosure Of Share Based Compensation Program [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfShareBasedCompensationProgramLineItems" xml:lang="en-US">Disclosure Of Share Based Compensation Program [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfShareBasedCompensationProgramLineItems" xlink:to="lab_bud_DisclosureOfShareBasedCompensationProgramLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfShareBasedCompensationProgramLineItems" xml:lang="en-US">Disclosure Of Share Based Compensation Program.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ShareBasedCompensationPlanMember" xlink:label="loc_bud_ShareBasedCompensationPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ShareBasedCompensationPlanMember" xml:lang="en-US">Share Based Compensation Plan [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ShareBasedCompensationPlanMember" xml:lang="en-US">Share-Based Compensation Plan [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ShareBasedCompensationPlanMember" xlink:to="lab_bud_ShareBasedCompensationPlanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ShareBasedCompensationPlanMember" xml:lang="en-US">Share- Based Compensation Plan.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsAbstract" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsAbstract" xml:lang="en-US">Disclosure of other provisions [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsAbstract" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsTable" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsTable" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsTable" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="loc_ifrs-full_ClassesOfProvisionsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xml:lang="en-US">Classes of other provisions [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xml:lang="en-US">Classes of other provisions [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:to="lab_ifrs-full_ClassesOfProvisionsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOtherProvisionsDomain" xlink:label="loc_ifrs-full_ClassesOfOtherProvisionsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xml:lang="en-US">Classes of other provisions [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xml:lang="en-US">Classes of other provisions [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:to="lab_ifrs-full_ClassesOfOtherProvisionsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RestructuringProvisionMember" xlink:label="loc_ifrs-full_RestructuringProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_RestructuringProvisionMember" xml:lang="en-US">Restructuring provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_RestructuringProvisionMember" xml:lang="en-US">Restructuring [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_RestructuringProvisionMember" xml:lang="en-US">Restructuring [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestructuringProvisionMember" xlink:to="lab_ifrs-full_RestructuringProvisionMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisputesProvisionMember" xlink:label="loc_bud_DisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisputesProvisionMember" xml:lang="en-US">Disputes Provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisputesProvisionMember" xml:lang="en-US">Disputes [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_DisputesProvisionMember" xml:lang="en-US">Disputes [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisputesProvisionMember" xlink:to="lab_bud_DisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisputesProvisionMember" xml:lang="en-US">Disputes Provision [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherProvisionsMember" xlink:label="loc_ifrs-full_MiscellaneousOtherProvisionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xml:lang="en-US">Miscellaneous other provisions [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xml:lang="en-US">Other [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_MiscellaneousOtherProvisionsMember" xml:lang="en-US">Other provisions [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherProvisionsMember" xlink:to="lab_ifrs-full_MiscellaneousOtherProvisionsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xml:lang="en-US">Disclosure of other provisions [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" xml:lang="en-US">Disclosure of other provisions [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Provisions" xlink:label="loc_ifrs-full_Provisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Provisions" xml:lang="en-US">Provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_ifrs-full_Provisions" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_ifrs-full_Provisions" xml:lang="en-US">Ending balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_Provisions" xml:lang="en-US">Total provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Provisions" xml:lang="en-US">Provisions recorded</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions" xlink:to="lab_ifrs-full_Provisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xml:lang="en-US">Increase (decrease) through net exchange differences, other provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xml:lang="en-US">Effect of movements in foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NewProvisionsOtherProvisions" xlink:label="loc_ifrs-full_NewProvisionsOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xml:lang="en-US">New provisions, other provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xml:lang="en-US">Provisions made</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NewProvisionsOtherProvisions" xlink:to="lab_ifrs-full_NewProvisionsOtherProvisions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionUsedOtherProvisions" xlink:label="loc_ifrs-full_ProvisionUsedOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xml:lang="en-US">Provision used, other provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xml:lang="en-US">Provisions used</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:to="lab_ifrs-full_ProvisionUsedOtherProvisions" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnusedProvisionReversedAndRecoveredOtherProvisions" xlink:label="loc_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" xml:lang="en-US">Unused provision reversed and recovered other provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" xml:lang="en-US">Provisions reversed</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" xlink:to="lab_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnusedProvisionReversedAndRecoveredOtherProvisions" xml:lang="en-US">Unused provision reversed and recovered other provisions.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInOtherProvisions" xlink:label="loc_ifrs-full_ChangesInOtherProvisions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xml:lang="en-US">Increase (decrease) in other provisions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xml:lang="en-US">Other movements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInOtherProvisions" xlink:to="lab_ifrs-full_ChangesInOtherProvisions" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ScheduleToSettleProvisionAbstract" xlink:label="loc_bud_ScheduleToSettleProvisionAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ScheduleToSettleProvisionAbstract" xml:lang="en-US">Schedule To Settle Provision [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ScheduleToSettleProvisionAbstract" xlink:to="lab_bud_ScheduleToSettleProvisionAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ScheduleToSettleProvisionAbstract" xml:lang="en-US">Schedule To Settle Provision [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfScheduleToSettleProvisionsTable" xlink:label="loc_bud_DisclosureOfScheduleToSettleProvisionsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsTable" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsTable" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfScheduleToSettleProvisionsTable" xlink:to="lab_bud_DisclosureOfScheduleToSettleProvisionsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsTable" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncomeAndIndirectTaxesDisputesProvisionMember" xlink:label="loc_bud_IncomeAndIndirectTaxesDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncomeAndIndirectTaxesDisputesProvisionMember" xml:lang="en-US">Income and indirect taxes disputes provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_IncomeAndIndirectTaxesDisputesProvisionMember" xml:lang="en-US">Indirect taxes [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncomeAndIndirectTaxesDisputesProvisionMember" xlink:to="lab_bud_IncomeAndIndirectTaxesDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncomeAndIndirectTaxesDisputesProvisionMember" xml:lang="en-US">Income and indirect taxes disputes provision.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LaborDisputesProvisionMember" xlink:label="loc_bud_LaborDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LaborDisputesProvisionMember" xml:lang="en-US">Labor disputes provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_LaborDisputesProvisionMember" xml:lang="en-US">Labor [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LaborDisputesProvisionMember" xlink:to="lab_bud_LaborDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LaborDisputesProvisionMember" xml:lang="en-US">Labor disputes provision.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommercialDisputesProvisionMember" xlink:label="loc_bud_CommercialDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommercialDisputesProvisionMember" xml:lang="en-US">Commercial disputes provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommercialDisputesProvisionMember" xml:lang="en-US">Commercial [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommercialDisputesProvisionMember" xlink:to="lab_bud_CommercialDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommercialDisputesProvisionMember" xml:lang="en-US">Commercial disputes provision.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExciseDutiesMember" xlink:label="loc_bud_ExciseDutiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExciseDutiesMember" xml:lang="en-US">Excise duties [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ExciseDutiesMember" xml:lang="en-US">Excise duties [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExciseDutiesMember" xlink:to="lab_bud_ExciseDutiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExciseDutiesMember" xml:lang="en-US">Excise duties - Disputes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherDisputesProvisionMember" xlink:label="loc_bud_OtherDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherDisputesProvisionMember" xml:lang="en-US">Other disputes provision [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherDisputesProvisionMember" xml:lang="en-US">Other disputes [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherDisputesProvisionMember" xlink:to="lab_bud_OtherDisputesProvisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherDisputesProvisionMember" xml:lang="en-US">Other disputes provision.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfScheduleToSettleProvisionsLineItems" xlink:label="loc_bud_DisclosureOfScheduleToSettleProvisionsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsLineItems" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsLineItems" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfScheduleToSettleProvisionsLineItems" xlink:to="lab_bud_DisclosureOfScheduleToSettleProvisionsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfScheduleToSettleProvisionsLineItems" xml:lang="en-US">Disclosure Of Schedule To Settle Provisions [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="loc_ifrs-full_LaterThanOneYearMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xml:lang="en-US">Later than one year [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xml:lang="en-US">After 1 year [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanOneYearMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTradeAndOtherPayablesAbstract" xlink:label="loc_bud_DisclosureOfTradeAndOtherPayablesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesAbstract" xml:lang="en-US">Disclosure of trade and other payables [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTradeAndOtherPayablesAbstract" xlink:to="lab_bud_DisclosureOfTradeAndOtherPayablesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesAbstract" xml:lang="en-US">Disclosure of trade and other payables [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentValueAddedTaxPayables" xlink:label="loc_ifrs-full_NoncurrentValueAddedTaxPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentValueAddedTaxPayables" xml:lang="en-US">Non-current value added tax payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentValueAddedTaxPayables" xml:lang="en-US">Indirect taxes payable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentValueAddedTaxPayables" xlink:to="lab_ifrs-full_NoncurrentValueAddedTaxPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPayablesToTradeSuppliers" xlink:label="loc_ifrs-full_NoncurrentPayablesToTradeSuppliers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NoncurrentPayablesToTradeSuppliers" xml:lang="en-US">Non-current trade payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NoncurrentPayablesToTradeSuppliers" xml:lang="en-US">Trade payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPayablesToTradeSuppliers" xlink:to="lab_ifrs-full_NoncurrentPayablesToTradeSuppliers" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" xlink:label="loc_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" xml:lang="en-US">Deferred Consideration On Acquisitions Payables Non-current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" xml:lang="en-US">Deferred consideration on acquisitions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" xlink:to="lab_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent" xml:lang="en-US">Deferred consideration on acquisitions payables non-current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="loc_ifrs-full_OtherNoncurrentPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherNoncurrentPayables" xml:lang="en-US">Other non-current payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherNoncurrentPayables" xml:lang="en-US">Other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentPayables" xlink:to="lab_ifrs-full_OtherNoncurrentPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en-US">Current trade payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en-US">Trade payables and accrued expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xml:lang="en-US">Current payables on social security and taxes other than income tax</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xml:lang="en-US">Payroll and social security payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:to="lab_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentValueAddedTaxPayables" xlink:label="loc_ifrs-full_CurrentValueAddedTaxPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentValueAddedTaxPayables" xml:lang="en-US">Current value added tax payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentValueAddedTaxPayables" xml:lang="en-US">Indirect taxes payable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentValueAddedTaxPayables" xlink:to="lab_ifrs-full_CurrentValueAddedTaxPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentInterestPayable" xlink:label="loc_ifrs-full_CurrentInterestPayable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentInterestPayable" xml:lang="en-US">Current interest payable</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentInterestPayable" xml:lang="en-US">Interest payable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentInterestPayable" xlink:to="lab_ifrs-full_CurrentInterestPayable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ConsignedPackagingPayable" xlink:label="loc_bud_ConsignedPackagingPayable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ConsignedPackagingPayable" xml:lang="en-US">Consigned packaging payable</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ConsignedPackagingPayable" xml:lang="en-US">Consigned packaging</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ConsignedPackagingPayable" xlink:to="lab_bud_ConsignedPackagingPayable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ConsignedPackagingPayable" xml:lang="en-US">Consigned packaging payable</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDividendPayables" xlink:label="loc_ifrs-full_CurrentDividendPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrentDividendPayables" xml:lang="en-US">Current dividend payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CurrentDividendPayables" xml:lang="en-US">Dividends payable</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDividendPayables" xlink:to="lab_ifrs-full_CurrentDividendPayables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" xlink:label="loc_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" xml:lang="en-US">Deferred Consideration On Acquisitions Payables Current</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" xml:lang="en-US">Deferred consideration on acquisitions</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" xlink:to="lab_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent" xml:lang="en-US">Deferred consideration on acquisitions payables current.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentPayables" xlink:label="loc_ifrs-full_OtherCurrentPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherCurrentPayables" xml:lang="en-US">Other current payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherCurrentPayables" xml:lang="en-US">Other payables and deferred income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentPayables" xlink:to="lab_ifrs-full_OtherCurrentPayables" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTradeAndOtherPayablesTable" xlink:label="loc_bud_DisclosureOfTradeAndOtherPayablesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesTable" xml:lang="en-US">Disclosure of trade and other payables [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesTable" xml:lang="en-US">Disclosure of trade and other payables [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTradeAndOtherPayablesTable" xlink:to="lab_bud_DisclosureOfTradeAndOtherPayablesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesTable" xml:lang="en-US">Schedule disclosing information related to disclosure of trade and other payables.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:label="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" xlink:label="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" xlink:to="lab_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WrittenPutOptionsMember" xlink:label="loc_ifrs-full_WrittenPutOptionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_WrittenPutOptionsMember" xml:lang="en-US">Written put options [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_WrittenPutOptionsMember" xml:lang="en-US">Written Put Options [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WrittenPutOptionsMember" xlink:to="lab_ifrs-full_WrittenPutOptionsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfTradeAndOtherPayablesLineItems" xlink:label="loc_bud_DisclosureOfTradeAndOtherPayablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesLineItems" xml:lang="en-US">Disclosure of trade and other payables [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesLineItems" xml:lang="en-US">Disclosure of trade and other payables [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfTradeAndOtherPayablesLineItems" xlink:to="lab_bud_DisclosureOfTradeAndOtherPayablesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfTradeAndOtherPayablesLineItems" xml:lang="en-US">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with disclosure of trade and other payables.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:label="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xml:lang="en-US">Amounts payable, related party transactions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xml:lang="en-US">Reverse factoring arrangements with suppliers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-full_TypesOfContractsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfContractsAxis" xml:lang="en-US">Types of contracts [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfContractsAxis" xml:lang="en-US">Types of contracts [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfContractsAxis" xlink:to="lab_ifrs-full_TypesOfContractsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfContractsDomain" xlink:label="loc_ifrs-full_TypesOfContractsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfContractsDomain" xml:lang="en-US">Types of contracts [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfContractsDomain" xml:lang="en-US">Types of contracts [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfContractsDomain" xlink:to="lab_ifrs-full_TypesOfContractsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmbevAndELeonJimenesSAMember" xlink:label="loc_bud_AmbevAndELeonJimenesSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmbevAndELeonJimenesSAMember" xml:lang="en-US">Ambev And E Leon Jimenes Sa [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmbevAndELeonJimenesSAMember" xml:lang="en-US">Ambev And E Leon Jimenes Sa [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmbevAndELeonJimenesSAMember" xlink:to="lab_bud_AmbevAndELeonJimenesSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmbevAndELeonJimenesSAMember" xml:lang="en-US">Ambev And E Leon Jimenes Sa [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SupplierMember" xlink:label="loc_bud_SupplierMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SupplierMember" xml:lang="en-US">Supplier [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SupplierMember" xml:lang="en-US">Supplier [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SupplierMember" xlink:to="lab_bud_SupplierMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SupplierMember" xml:lang="en-US">Supplier [Member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" xlink:label="loc_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" xml:lang="en-US">Disclosure Of Financial Assets And Liabilities [Abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" xml:lang="en-US">Disclosure Of Financial Assets And Liabilities [Abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" xlink:to="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesAbstract" xml:lang="en-US">Disclosure of financial assets and liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" xlink:label="loc_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure Of Financial Assets And Liabilities [Table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure Of Financial Assets And Liabilities [Table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" xlink:to="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinancialAssetsAndLiabilitiesTable" xml:lang="en-US">Disclosure of financial assets and liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EquitySwapsMember" xlink:label="loc_bud_EquitySwapsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EquitySwapsMember" xml:lang="en-US">Equity swaps [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EquitySwapsMember" xml:lang="en-US">Equity swaps [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EquitySwapsMember" xlink:to="lab_bud_EquitySwapsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EquitySwapsMember" xml:lang="en-US">Equity swaps.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CrosscurrencyInterestRateSwapsMember" xlink:label="loc_bud_CrosscurrencyInterestRateSwapsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CrosscurrencyInterestRateSwapsMember" xml:lang="en-US">Cross-Currency Interest Rate Swaps [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CrosscurrencyInterestRateSwapsMember" xml:lang="en-US">Cross currency interest rate swaps [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CrosscurrencyInterestRateSwapsMember" xml:lang="en-US">Cross currency interest rate swaps [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CrosscurrencyInterestRateSwapsMember" xlink:to="lab_bud_CrosscurrencyInterestRateSwapsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CrosscurrencyInterestRateSwapsMember" xml:lang="en-US">Cross currency interest rate swaps.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateSwapContractMember" xlink:label="loc_ifrs-full_InterestRateSwapContractMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xml:lang="en-US">Interest rate swap contract [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xml:lang="en-US">Interest rate swap [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xml:lang="en-US">Interest rate swaps [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateSwapContractMember" xlink:to="lab_ifrs-full_InterestRateSwapContractMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherCommodityDerivativesMember" xlink:label="loc_bud_OtherCommodityDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherCommodityDerivativesMember" xml:lang="en-US">Other Commodity Derivatives [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherCommodityDerivativesMember" xml:lang="en-US">Commodity derivatives [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherCommodityDerivativesMember" xml:lang="en-US">Other commodity derivatives [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherCommodityDerivativesMember" xlink:to="lab_bud_OtherCommodityDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherCommodityDerivativesMember" xml:lang="en-US">Other commodity derivatives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TradesAndOtherPayablesMember" xlink:label="loc_bud_TradesAndOtherPayablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TradesAndOtherPayablesMember" xml:lang="en-US">Trades and other payables [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TradesAndOtherPayablesMember" xml:lang="en-US">Trade and other payables [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TradesAndOtherPayablesMember" xlink:to="lab_bud_TradesAndOtherPayablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TradesAndOtherPayablesMember" xml:lang="en-US">Trades and other payables.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BankOverdraftMember" xlink:label="loc_bud_BankOverdraftMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BankOverdraftMember" xml:lang="en-US">Bank Overdraft [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BankOverdraftMember" xml:lang="en-US">Bank Overdrafts [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BankOverdraftMember" xlink:to="lab_bud_BankOverdraftMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentFinancialLiabilitiesMember" xlink:label="loc_bud_NonCurrentFinancialLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentFinancialLiabilitiesMember" xml:lang="en-US">Non Current Financial Liabilities [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentFinancialLiabilitiesMember" xml:lang="en-US">Non-current financial liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentFinancialLiabilitiesMember" xlink:to="lab_bud_NonCurrentFinancialLiabilitiesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentFinancialLiabilitiesMember" xlink:label="loc_bud_CurrentFinancialLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentFinancialLiabilitiesMember" xml:lang="en-US">Current Financial Liabilities [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentFinancialLiabilitiesMember" xml:lang="en-US">Current financial liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentFinancialLiabilitiesMember" xlink:to="lab_bud_CurrentFinancialLiabilitiesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignExchangeDerivativesMember" xlink:label="loc_bud_ForeignExchangeDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignExchangeDerivativesMember" xml:lang="en-US">Foreign exchange derivatives [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignExchangeDerivativesMember" xml:lang="en-US">Foreign exchange derivatives [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignExchangeDerivativesMember" xlink:to="lab_bud_ForeignExchangeDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignExchangeDerivativesMember" xml:lang="en-US">Foreign exchange derivatives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentInterestBearingLoansAndBorrowingsMember" xlink:label="loc_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Non Current Interest Bearing Loans And Borrowings [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Non-current&#160;interest-bearing loans and borrowings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" xlink:to="lab_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonCurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Non current interest bearing loans and borrowings.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentInterestBearingLoansAndBorrowingsMember" xlink:label="loc_bud_CurrentInterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Current&#160;interest-bearing loans and borrowings [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Current&#160;interest-bearing loans and borrowings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentInterestBearingLoansAndBorrowingsMember" xlink:to="lab_bud_CurrentInterestBearingLoansAndBorrowingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentInterestBearingLoansAndBorrowingsMember" xml:lang="en-US">Current interest bearing loans and borrowings.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" xlink:label="loc_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" xml:lang="en-US">Disclosure Of Financial Assets Liabilities [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" xml:lang="en-US">Disclosure of Financial assets and liabilities [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" xlink:to="lab_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems" xml:lang="en-US">Disclosure of financial assets liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-full_FinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialLiabilities" xml:lang="en-US">Financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialLiabilities" xml:lang="en-US">Total</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialLiabilities" xml:lang="en-US">Financial Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCost" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xml:lang="en-US">Financial assets at amortised cost</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCost" xml:lang="en-US">Financial assets at amortized cost</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCost" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Financial assets measured at fair value through other comprehensive income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Financial assets at&#160;fair value through OCI</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets" xlink:label="loc_ifrs-full_FinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssets" xml:lang="en-US">Financial assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_FinancialAssets" xml:lang="en-US">Total</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialAssets" xml:lang="en-US">Financial Assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="loc_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Financial Liabilities Measured At Fair Value Through Other Comprehensive Income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Financial liabilities at fair value through OCI</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="lab_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US">Financial liabilities measured at fair value through other comprehensive income</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xml:lang="en-US">Classes of financial assets [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xml:lang="en-US">Classes of financial assets [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xml:lang="en-US">Classes of financial assets [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xml:lang="en-US">Classes of financial assets [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xml:lang="en-US">Categories of financial assets [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xml:lang="en-US">Categories of financial assets [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xml:lang="en-US">Categories of financial assets [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xml:lang="en-US">Categories of financial assets [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CrossCurrencyInterestRateSwapMember" xlink:label="loc_bud_CrossCurrencyInterestRateSwapMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CrossCurrencyInterestRateSwapMember" xml:lang="en-US">Cross Currency Interest Rate Swap [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CrossCurrencyInterestRateSwapMember" xml:lang="en-US">Cross currency interest rate swaps [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CrossCurrencyInterestRateSwapMember" xlink:to="lab_bud_CrossCurrencyInterestRateSwapMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CrossCurrencyInterestRateSwapMember" xml:lang="en-US">Cross currency interest rate swap.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommodityDerivativesMember" xlink:label="loc_bud_CommodityDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommodityDerivativesMember" xml:lang="en-US">Commodity Derivatives [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommodityDerivativesMember" xml:lang="en-US">Commodity derivatives [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommodityDerivativesMember" xlink:to="lab_bud_CommodityDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommodityDerivativesMember" xml:lang="en-US">Commodity derivatives .</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentFinancialAssetsMember" xlink:label="loc_bud_NonCurrentFinancialAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentFinancialAssetsMember" xml:lang="en-US">Non Current Financial Assets [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentFinancialAssetsMember" xml:lang="en-US">Non-current financial assets [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentFinancialAssetsMember" xlink:to="lab_bud_NonCurrentFinancialAssetsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentFinancialAssetsMember" xlink:label="loc_bud_CurrentFinancialAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentFinancialAssetsMember" xml:lang="en-US">Current Financial Assets [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentFinancialAssetsMember" xml:lang="en-US">Current financial assets [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentFinancialAssetsMember" xlink:to="lab_bud_CurrentFinancialAssetsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CashAndCashEquivalentMember" xlink:label="loc_bud_CashAndCashEquivalentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CashAndCashEquivalentMember" xml:lang="en-US">Cash and Cash Equivalent [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CashAndCashEquivalentMember" xml:lang="en-US">Cash and cash equivalents [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CashAndCashEquivalentMember" xlink:to="lab_bud_CashAndCashEquivalentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CashAndCashEquivalentMember" xml:lang="en-US">Cash and cash equivalent.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InvestmentSecuritiesMember" xlink:label="loc_bud_InvestmentSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InvestmentSecuritiesMember" xml:lang="en-US">Investment securities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InvestmentSecuritiesMember" xlink:to="lab_bud_InvestmentSecuritiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InvestmentSecuritiesMember" xml:lang="en-US">Investment securities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForwardContractMember" xlink:label="loc_ifrs-full_ForwardContractMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ForwardContractMember" xml:lang="en-US">Forward contract [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ForwardContractMember" xml:lang="en-US">Foreign exchange forwards [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForwardContractMember" xlink:to="lab_ifrs-full_ForwardContractMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AluminumSwapsCommodityMember" xlink:label="loc_bud_AluminumSwapsCommodityMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AluminumSwapsCommodityMember" xml:lang="en-US">Aluminum swaps commodity [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AluminumSwapsCommodityMember" xml:lang="en-US">Aluminum swaps [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AluminumSwapsCommodityMember" xlink:to="lab_bud_AluminumSwapsCommodityMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AluminumSwapsCommodityMember" xml:lang="en-US">Aluminum swaps commodity.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityInvestmentsMember" xlink:label="loc_ifrs-full_EquityInvestmentsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xml:lang="en-US">Equity investments [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xml:lang="en-US">Equity derivatives [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityInvestmentsMember" xlink:to="lab_ifrs-full_EquityInvestmentsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherForeignExchangeDerivativesMember" xlink:label="loc_bud_OtherForeignExchangeDerivativesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherForeignExchangeDerivativesMember" xml:lang="en-US">Other Foreign Exchange Derivatives [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherForeignExchangeDerivativesMember" xml:lang="en-US">Other foreign exchange derivatives [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherForeignExchangeDerivativesMember" xlink:to="lab_bud_OtherForeignExchangeDerivativesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xml:lang="en-US">1-2 years [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xml:lang="en-US">2-3 years [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US">Later than three years and not later than five years [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US">3-5 years [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" xlink:label="loc_bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" xml:lang="en-US">Disclosure of Foreign Currency Exchange Exposure [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" xlink:to="lab_bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureAbstract" xml:lang="en-US">Disclosure of Foreign Currency Exchange Exposure [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfForeignCurrencyExchangeExposureTable" xlink:label="loc_bud_DisclosureOfForeignCurrencyExchangeExposureTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureTable" xml:lang="en-US">Disclosure of Foreign Currency Exchange Exposure [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureTable" xml:lang="en-US">Disclosure of Foreign Currency Exchange Exposure [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfForeignCurrencyExchangeExposureTable" xlink:to="lab_bud_DisclosureOfForeignCurrencyExchangeExposureTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureTable" xml:lang="en-US">Disclosure of foreign currency exchange.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EuroToMexicanPesoMember" xlink:label="loc_bud_EuroToMexicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EuroToMexicanPesoMember" xml:lang="en-US">Euro to mexican peso [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EuroToMexicanPesoMember" xml:lang="en-US">Euro to Mexican Peso [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EuroToMexicanPesoMember" xlink:to="lab_bud_EuroToMexicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EuroToMexicanPesoMember" xml:lang="en-US">Euro to mexican peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EuroToSouthAfricanRandMember" xlink:label="loc_bud_EuroToSouthAfricanRandMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EuroToSouthAfricanRandMember" xml:lang="en-US">Euro to South African rand [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EuroToSouthAfricanRandMember" xml:lang="en-US">Euro to South African Rand [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EuroToSouthAfricanRandMember" xlink:to="lab_bud_EuroToSouthAfricanRandMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EuroToSouthAfricanRandMember" xml:lang="en-US">Euro to South African rand.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MexicanPesoToEuroMember" xlink:label="loc_bud_MexicanPesoToEuroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MexicanPesoToEuroMember" xml:lang="en-US">Mexican peso to euro [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MexicanPesoToEuroMember" xml:lang="en-US">Mexican peso to Euro [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MexicanPesoToEuroMember" xlink:to="lab_bud_MexicanPesoToEuroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MexicanPesoToEuroMember" xml:lang="en-US">Mexican peso to euro.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToBolivianBolivianoMember" xlink:label="loc_bud_UsDollarToBolivianBolivianoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToBolivianBolivianoMember" xml:lang="en-US">US dollar to Bolivian boliviano [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToBolivianBolivianoMember" xml:lang="en-US">US Dollar to Bolivian Boliviano [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToBolivianBolivianoMember" xlink:to="lab_bud_UsDollarToBolivianBolivianoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToBolivianBolivianoMember" xml:lang="en-US">US dollar to Bolivian boliviano.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToBrazilianRealMember" xlink:label="loc_bud_UsDollarToBrazilianRealMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToBrazilianRealMember" xml:lang="en-US">US dollar to Brazilian real [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToBrazilianRealMember" xml:lang="en-US">US Dollar to Brazilian Real [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToBrazilianRealMember" xlink:to="lab_bud_UsDollarToBrazilianRealMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToBrazilianRealMember" xml:lang="en-US">US dollar to Brazilian real.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToCanadianDollarMember" xlink:label="loc_bud_UsDollarToCanadianDollarMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToCanadianDollarMember" xml:lang="en-US">US dollar to Canadian dollar [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToCanadianDollarMember" xml:lang="en-US">US Dollar to Canadian Dollar [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToCanadianDollarMember" xlink:to="lab_bud_UsDollarToCanadianDollarMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToCanadianDollarMember" xml:lang="en-US">US dollar to Canadian dollar.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToChileanPesoMember" xlink:label="loc_bud_UsDollarToChileanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToChileanPesoMember" xml:lang="en-US">US dollar to Chilean peso [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToChileanPesoMember" xml:lang="en-US">US Dollar to Chilean Peso [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToChileanPesoMember" xlink:to="lab_bud_UsDollarToChileanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToChileanPesoMember" xml:lang="en-US">US dollar to Chilean peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToChineseYuanMember" xlink:label="loc_bud_UsDollarToChineseYuanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToChineseYuanMember" xml:lang="en-US">US dollar to Chinese yuan [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToChineseYuanMember" xml:lang="en-US">US Dollar to Chinese Yuan [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToChineseYuanMember" xlink:to="lab_bud_UsDollarToChineseYuanMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToChineseYuanMember" xml:lang="en-US">US dollar to Chinese yuan.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToColombianPesoMember" xlink:label="loc_bud_UsDollarToColombianPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToColombianPesoMember" xml:lang="en-US">US dollar to Colombian peso [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToColombianPesoMember" xml:lang="en-US">US Dollar to Colombian Peso [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToColombianPesoMember" xlink:to="lab_bud_UsDollarToColombianPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToColombianPesoMember" xml:lang="en-US">US dollar to Colombian peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToEuroMember" xlink:label="loc_bud_UsDollarToEuroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToEuroMember" xml:lang="en-US">US dollar to Euro [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToEuroMember" xml:lang="en-US">US Dollar to Euro [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToEuroMember" xlink:to="lab_bud_UsDollarToEuroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToEuroMember" xml:lang="en-US">US dollar to Euro.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToMexicanPesoMember" xlink:label="loc_bud_UsDollarToMexicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToMexicanPesoMember" xml:lang="en-US">Us Dollar to Mexican peso [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToMexicanPesoMember" xml:lang="en-US">US Dollar to Mexican Peso [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToMexicanPesoMember" xlink:to="lab_bud_UsDollarToMexicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToMexicanPesoMember" xml:lang="en-US">Us Dollar to Mexican peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToParaguayanGuaraniMember" xlink:label="loc_bud_UsDollarToParaguayanGuaraniMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToParaguayanGuaraniMember" xml:lang="en-US">US dollar to Paraguayan guarani [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToParaguayanGuaraniMember" xml:lang="en-US">US Dollar to Paraguayan Guarani [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToParaguayanGuaraniMember" xlink:to="lab_bud_UsDollarToParaguayanGuaraniMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToParaguayanGuaraniMember" xml:lang="en-US">US dollar to Paraguayan guarani.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToPeruvianNuevoSolMember" xlink:label="loc_bud_UsDollarToPeruvianNuevoSolMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToPeruvianNuevoSolMember" xml:lang="en-US">US dollar to Peruvian nuevo sol [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToPeruvianNuevoSolMember" xml:lang="en-US">US Dollar to Peruvian Nuevo Sol [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToPeruvianNuevoSolMember" xlink:to="lab_bud_UsDollarToPeruvianNuevoSolMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToPeruvianNuevoSolMember" xml:lang="en-US">US dollar to Peruvian nuevo sol.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToSouthAfricanRandMember" xlink:label="loc_bud_UsDollarToSouthAfricanRandMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToSouthAfricanRandMember" xml:lang="en-US">US dollar to South African rand [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToSouthAfricanRandMember" xml:lang="en-US">US Dollar to South African Rand [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToSouthAfricanRandMember" xlink:to="lab_bud_UsDollarToSouthAfricanRandMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToSouthAfricanRandMember" xml:lang="en-US">US dollar to South African rand.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToSouthKoreanWonMember" xlink:label="loc_bud_UsDollarToSouthKoreanWonMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToSouthKoreanWonMember" xml:lang="en-US">US dollar to South Korean won [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToSouthKoreanWonMember" xml:lang="en-US">US Dollar to South Korean Won [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToSouthKoreanWonMember" xlink:to="lab_bud_UsDollarToSouthKoreanWonMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToSouthKoreanWonMember" xml:lang="en-US">US dollar to South Korean won.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OtherCurrencyMember" xlink:label="loc_srt_OtherCurrencyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_OtherCurrencyMember" xml:lang="en-US">Other Currency [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_OtherCurrencyMember" xml:lang="en-US">Other currency [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OtherCurrencyMember" xlink:to="lab_srt_OtherCurrencyMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToIndianRupeeMember" xlink:label="loc_bud_UsDollarToIndianRupeeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToIndianRupeeMember" xml:lang="en-US">US Dollar to Indian rupee [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToIndianRupeeMember" xml:lang="en-US">US Dollar to Indian rupee [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToIndianRupeeMember" xlink:to="lab_bud_UsDollarToIndianRupeeMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToHonduranLempiraMember" xlink:label="loc_bud_UsDollarToHonduranLempiraMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToHonduranLempiraMember" xml:lang="en-US">US Dollar to Honduran Lempira [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToHonduranLempiraMember" xml:lang="en-US">US Dollar to Honduran Lempira [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToHonduranLempiraMember" xlink:to="lab_bud_UsDollarToHonduranLempiraMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToDominicanPesoMember" xlink:label="loc_bud_UsDollarToDominicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToDominicanPesoMember" xml:lang="en-US">US dollar to Dominican peso [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UsDollarToDominicanPesoMember" xml:lang="en-US">US dollar to Dominican peso [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToDominicanPesoMember" xlink:to="lab_bud_UsDollarToDominicanPesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToDominicanPesoMember" xml:lang="en-US">US dollar to dominican peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsDollarToArgentinePesoMember" xlink:label="loc_bud_UsDollarToArgentinePesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsDollarToArgentinePesoMember" xml:lang="en-US">US dollar to Argentine peso [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_UsDollarToArgentinePesoMember" xml:lang="en-US">US Dollar to Argentine peso [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsDollarToArgentinePesoMember" xlink:to="lab_bud_UsDollarToArgentinePesoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsDollarToArgentinePesoMember" xml:lang="en-US">US dollar to argentine peso.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" xlink:label="loc_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" xml:lang="en-US">Disclosure Of Foreign Currency Exchange Exposure [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" xml:lang="en-US">Disclosure Of Foreign Currency Exchange Exposure [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" xlink:to="lab_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems" xml:lang="en-US">Disclosure Of Foreign Currency Exchange Exposure [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignCurrencyRiskExposureNet" xlink:label="loc_bud_ForeignCurrencyRiskExposureNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignCurrencyRiskExposureNet" xml:lang="en-US">Foreign currency risk exposure, net</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignCurrencyRiskExposureNet" xml:lang="en-US">Total exposure</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignCurrencyRiskExposureNet" xlink:to="lab_bud_ForeignCurrencyRiskExposureNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignCurrencyRiskExposureNet" xml:lang="en-US">Foreign currency risk exposure, net.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignCurrencyRiskHedges" xlink:label="loc_bud_ForeignCurrencyRiskHedges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignCurrencyRiskHedges" xml:lang="en-US">Foreign currency risk hedges</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignCurrencyRiskHedges" xml:lang="en-US">Total hedges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignCurrencyRiskHedges" xlink:to="lab_bud_ForeignCurrencyRiskHedges" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignCurrencyRiskHedges" xml:lang="en-US">Foreign currency risk hedges.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignCurrencyOpenPosition" xlink:label="loc_bud_ForeignCurrencyOpenPosition" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignCurrencyOpenPosition" xml:lang="en-US">Foreign Currency Open Position</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignCurrencyOpenPosition" xml:lang="en-US">Open position</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignCurrencyOpenPosition" xlink:to="lab_bud_ForeignCurrencyOpenPosition" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignCurrencyOpenPosition" xml:lang="en-US">Foreign currency open position.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaNacionalDominicanaSAMember" xlink:label="loc_bud_CerveceriaNacionalDominicanaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaNacionalDominicanaSAMember" xml:lang="en-US">Cerveceria Nacional Dominicana SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaNacionalDominicanaSAMember" xml:lang="en-US">CERVECERIA NACIONAL DOMINICANA S.A. [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CerveceriaNacionalDominicanaSAMember" xml:lang="en-US">Cervecer&#237;a Nacional Dominicana S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaNacionalDominicanaSAMember" xlink:to="lab_bud_CerveceriaNacionalDominicanaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaNacionalDominicanaSAMember" xml:lang="en-US">CERVECERIA NACIONAL DOMINICANA S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 1086 - Santo Domingo1.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsolidatedStructuredEntitiesAxis" xlink:label="loc_ifrs-full_ConsolidatedStructuredEntitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesAxis" xml:lang="en-US">Consolidated structured entities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesAxis" xml:lang="en-US">Consolidated structured entities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConsolidatedStructuredEntitiesAxis" xlink:to="lab_ifrs-full_ConsolidatedStructuredEntitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsolidatedStructuredEntitiesDomain" xlink:label="loc_ifrs-full_ConsolidatedStructuredEntitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesDomain" xml:lang="en-US">Consolidated structured entities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesDomain" xml:lang="en-US">Consolidated structured entities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConsolidatedStructuredEntitiesDomain" xlink:to="lab_ifrs-full_ConsolidatedStructuredEntitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PutOption1Member" xlink:label="loc_bud_PutOption1Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PutOption1Member" xml:lang="en-US">Put Option 1 [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PutOption1Member" xml:lang="en-US">Put Option [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PutOption1Member" xlink:to="lab_bud_PutOption1Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PutOption1Member" xml:lang="en-US">Put option 1.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativePositionPositivePretaxImpactOnEquityReserves" xlink:label="loc_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" xml:lang="en-US">Derivative position positive pre-tax impact on equity reserves</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" xml:lang="en-US">Derivative position positive pre-tax impact on equity reserves</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" xlink:to="lab_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativePositionPositivePretaxImpactOnEquityReserves" xml:lang="en-US">Derivative position positive pre-tax impact on equity reserves.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativeAndNonderivativeFinancialInstrumentsNet" xlink:label="loc_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" xml:lang="en-US">Derivative and non-derivative financial instruments, net</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" xml:lang="en-US">Derivative and non-derivative financial instruments, net</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" xlink:to="lab_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativeAndNonderivativeFinancialInstrumentsNet" xml:lang="en-US">Derivative and non-derivative financial instruments, net</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NominalAmountOfHedgingInstrument" xlink:label="loc_ifrs-full_NominalAmountOfHedgingInstrument" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NominalAmountOfHedgingInstrument" xml:lang="en-US">Nominal amount of hedging instrument</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NominalAmountOfHedgingInstrument" xml:lang="en-US">Issuance amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NominalAmountOfHedgingInstrument" xlink:to="lab_ifrs-full_NominalAmountOfHedgingInstrument" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AverageRateOfHedgingInstrument" xlink:label="loc_ifrs-full_AverageRateOfHedgingInstrument" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AverageRateOfHedgingInstrument" xml:lang="en-US">Average rate of hedging instrument</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AverageRateOfHedgingInstrument" xml:lang="en-US">Interest rate percentage</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageRateOfHedgingInstrument" xlink:to="lab_ifrs-full_AverageRateOfHedgingInstrument" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgingInstrumentMaturityPeriod" xlink:label="loc_bud_HedgingInstrumentMaturityPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgingInstrumentMaturityPeriod" xml:lang="en-US">Hedging instrument maturity period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HedgingInstrumentMaturityPeriod" xml:lang="en-US">Maturity period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgingInstrumentMaturityPeriod" xlink:to="lab_bud_HedgingInstrumentMaturityPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgingInstrumentMaturityPeriod" xml:lang="en-US">Hedging instrument maturity period</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CarryingValueOfAssociatedFinancialLiabilities" xlink:label="loc_bud_CarryingValueOfAssociatedFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CarryingValueOfAssociatedFinancialLiabilities" xml:lang="en-US">Carrying Value Of Associated Financial Liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CarryingValueOfAssociatedFinancialLiabilities" xml:lang="en-US">Carrying value of financial liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CarryingValueOfAssociatedFinancialLiabilities" xlink:to="lab_bud_CarryingValueOfAssociatedFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CarryingValueOfAssociatedFinancialLiabilities" xml:lang="en-US">Carrying value of associated financial liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageProportionOfFinancialLiabilities" xlink:label="loc_bud_PercentageProportionOfFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageProportionOfFinancialLiabilities" xml:lang="en-US">Percentage proportion of financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageProportionOfFinancialLiabilities" xml:lang="en-US">Proportion of company's financial liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageProportionOfFinancialLiabilities" xlink:to="lab_bud_PercentageProportionOfFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageProportionOfFinancialLiabilities" xml:lang="en-US">Percentage proportion of financial liabilities</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInInterestExpense" xlink:label="loc_bud_IncreaseDecreaseInInterestExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInInterestExpense" xml:lang="en-US">Increase decrease in interest expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInInterestExpense" xml:lang="en-US">Higher/lower interest expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInInterestExpense" xlink:to="lab_bud_IncreaseDecreaseInInterestExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInInterestExpense" xml:lang="en-US">Increase decrease in interest expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncreaseDecreaseInInterestIncome" xlink:label="loc_bud_IncreaseDecreaseInInterestIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncreaseDecreaseInInterestIncome" xml:lang="en-US">Increase decrease in interest income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncreaseDecreaseInInterestIncome" xml:lang="en-US">Higher/lower interest income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncreaseDecreaseInInterestIncome" xlink:to="lab_bud_IncreaseDecreaseInInterestIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncreaseDecreaseInInterestIncome" xml:lang="en-US">Increase decrease in interest income.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaximumExposureToCreditRisk" xlink:label="loc_ifrs-full_MaximumExposureToCreditRisk" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xml:lang="en-US">Maximum exposure to credit risk</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xml:lang="en-US">Amount of exposure equivalent to shares hedged</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/presentationGuidance" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xml:lang="en-US">Net carrying amount</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_MaximumExposureToCreditRisk" xml:lang="en-US">Exposure to credit risk</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaximumExposureToCreditRisk" xlink:to="lab_ifrs-full_MaximumExposureToCreditRisk" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" xlink:label="loc_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" xml:lang="en-US">Gain (loss) on designation of financial instrument as measured at fair value through profit or loss because credit derivative is used to manage credit risk</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" xml:lang="en-US">Loss recognized in the profit or loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" xlink:to="lab_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xml:lang="en-US">Percentage of reasonably possible decrease in actuarial assumption</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xml:lang="en-US">Reasonable possible volatility rate</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xlink:label="loc_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xml:lang="en-US">Description of methods and assumptions used in preparing sensitivity analysis</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xml:lang="en-US">Description of methods to use sensitivity analysis is assessed</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" xlink:to="lab_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" xlink:label="loc_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" xml:lang="en-US">Percentage of revenue accounted by individual customer in entity revenue</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" xml:lang="en-US">Percentage of revenue accounted by individual customer</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" xlink:to="lab_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue" xml:lang="en-US">Percentage of revenue accounted by individual customer in entity revenue.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConcentrationsOfRisk" xlink:label="loc_ifrs-full_ConcentrationsOfRisk" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ConcentrationsOfRisk" xml:lang="en-US">Description of concentrations of risk</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ConcentrationsOfRisk" xml:lang="en-US">Concentration of credit risks, description</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConcentrationsOfRisk" xlink:to="lab_ifrs-full_ConcentrationsOfRisk" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US">Ownership interest</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US">Proportion of ownership interests in subsidiary</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfOwnershipSharesHoldByElj" xlink:label="loc_bud_PercentageOfOwnershipSharesHoldByElj" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfOwnershipSharesHoldByElj" xml:lang="en-US">Percentage Of Ownership Shares Hold By ELJ</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfOwnershipSharesHoldByElj" xml:lang="en-US">Percentage of shares hold by ELJ</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfOwnershipSharesHoldByElj" xlink:to="lab_bud_PercentageOfOwnershipSharesHoldByElj" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfOwnershipSharesHoldByElj" xml:lang="en-US">Percentage of ownership shares hold by ELJ.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgingInstrumentAppointmentPeriod" xlink:label="loc_bud_HedgingInstrumentAppointmentPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgingInstrumentAppointmentPeriod" xml:lang="en-US">Hedging instrument appointment period</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HedgingInstrumentAppointmentPeriod" xml:lang="en-US">Appointment period</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgingInstrumentAppointmentPeriod" xlink:to="lab_bud_HedgingInstrumentAppointmentPeriod" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgingInstrumentAppointmentPeriod" xml:lang="en-US">Hedging instrument appointment period</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" xlink:label="loc_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" xml:lang="en-US">Net Gain Loss On Hedging Instruments Recognised In Profit Or Loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" xml:lang="en-US">Net Gain Loss On Hedging Instruments Recognised In Profit Or Loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" xlink:to="lab_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss" xml:lang="en-US">Net Gain Loss On Hedging Instruments Recognised In Profit Or Loss</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetForeignExchangeLoss" xlink:label="loc_ifrs-full_NetForeignExchangeLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetForeignExchangeLoss" xml:lang="en-US">Net foreign exchange loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetForeignExchangeLoss" xml:lang="en-US">Net Foreign Exchange Loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetForeignExchangeLoss" xlink:to="lab_ifrs-full_NetForeignExchangeLoss" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonDerivativeFinancialLiabilities" xlink:label="loc_bud_NonDerivativeFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonDerivativeFinancialLiabilities" xml:lang="en-US">Non- derivative financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonDerivativeFinancialLiabilities" xml:lang="en-US">Non derivative financial liability</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonDerivativeFinancialLiabilities" xlink:to="lab_bud_NonDerivativeFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonDerivativeFinancialLiabilities" xml:lang="en-US">Non-derivative financial liabilitiy.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfOptionsExercised" xlink:label="loc_bud_PercentageOfOptionsExercised" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfOptionsExercised" xml:lang="en-US">Percentage of Options Exercised</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfOptionsExercised" xml:lang="en-US">Percentage of options exercised</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfOptionsExercised" xlink:to="lab_bud_PercentageOfOptionsExercised" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfOptionsExercised" xml:lang="en-US">Percentage of options exercised .</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PutOptionRemeasuredAtFairValue" xlink:label="loc_bud_PutOptionRemeasuredAtFairValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PutOptionRemeasuredAtFairValue" xml:lang="en-US">Put option re-measured at fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_PutOptionRemeasuredAtFairValue" xml:lang="en-US">Put option re-measured at fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PutOptionRemeasuredAtFairValue" xml:lang="en-US">Put option</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PutOptionRemeasuredAtFairValue" xlink:to="lab_bud_PutOptionRemeasuredAtFairValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PutOptionRemeasuredAtFairValue" xml:lang="en-US">Put option re-measured at fair value.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xml:lang="en-US">Percentage of reasonably possible decrease in unobservable input, liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xml:lang="en-US">Percentage of reasonably possible decrease in unobservable input liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xlink:label="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xml:lang="en-US">Increase (decrease) in fair value measurement due to reasonably possible decrease in unobservable input, recognised in profit or loss, before tax, liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xml:lang="en-US">Increase decrease in fair value measurement due to reasonable possible decrease in unobservable input recognized in profit or loss before tax liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xlink:to="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xlink:label="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xml:lang="en-US">Increase (decrease) in fair value measurement due to reasonably possible increase in unobservable input, recognised in profit or loss, before tax, liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xml:lang="en-US">Increase decrease in fair value measurement due to reasonable possible increase in unobservable input recognized in profit or loss tax liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" xlink:to="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xml:lang="en-US">Percentage of reasonably possible increase in unobservable input, liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsAxis" xlink:label="loc_ifrs-full_HedgedItemsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_HedgedItemsAxis" xml:lang="en-US">Hedged items [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_HedgedItemsAxis" xml:lang="en-US">Hedged items [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsAxis" xlink:to="lab_ifrs-full_HedgedItemsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsDomain" xlink:label="loc_ifrs-full_HedgedItemsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_HedgedItemsDomain" xml:lang="en-US">Hedged items [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_HedgedItemsDomain" xml:lang="en-US">Hedged items [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsDomain" xlink:to="lab_ifrs-full_HedgedItemsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BeforeHedgingMember" xlink:label="loc_bud_BeforeHedgingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BeforeHedgingMember" xml:lang="en-US">Before Hedging [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BeforeHedgingMember" xml:lang="en-US">Before hedging [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BeforeHedgingMember" xlink:to="lab_bud_BeforeHedgingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BeforeHedgingMember" xml:lang="en-US">Before hedging.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-full_HedgingInstrumentsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xml:lang="en-US">Hedging instruments [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xml:lang="en-US">Hedging instruments [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsAxis" xlink:to="lab_ifrs-full_HedgingInstrumentsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsDomain" xlink:label="loc_ifrs-full_HedgingInstrumentsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xml:lang="en-US">Hedging instruments [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xml:lang="en-US">Hedging instruments [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsDomain" xlink:to="lab_ifrs-full_HedgingInstrumentsDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_USDollarFixedRateBondHedgesMember" xlink:label="loc_bud_USDollarFixedRateBondHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_USDollarFixedRateBondHedgesMember" xml:lang="en-US">US dollar fixed rate bond hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_USDollarFixedRateBondHedgesMember" xml:lang="en-US">US Dollar Fixed Rate Bond Hedges [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_USDollarFixedRateBondHedgesMember" xlink:to="lab_bud_USDollarFixedRateBondHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_USDollarFixedRateBondHedgesMember" xml:lang="en-US">US dollar fixed rate bond hedges.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PoundSterlingBondHedgesMember" xlink:label="loc_bud_PoundSterlingBondHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PoundSterlingBondHedgesMember" xml:lang="en-US">Pound sterling bond hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PoundSterlingBondHedgesMember" xml:lang="en-US">Pound Sterling Bond Hedges [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PoundSterlingBondHedgesMember" xlink:to="lab_bud_PoundSterlingBondHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PoundSterlingBondHedgesMember" xml:lang="en-US">Pound sterling bond hedges..</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HoldingCompanyMember" xlink:label="loc_bud_HoldingCompanyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HoldingCompanyMember" xml:lang="en-US">Holding company [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HoldingCompanyMember" xml:lang="en-US">Holding Company [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HoldingCompanyMember" xlink:to="lab_bud_HoldingCompanyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HoldingCompanyMember" xml:lang="en-US">Holding company [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xml:lang="en-US">Observable Market Inputs - Level 3 [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xml:lang="en-US">Unobservable market inputs - level 3 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-full_TypesOfHedgesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xml:lang="en-US">Types of hedges [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xml:lang="en-US">Types of hedges [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesAxis" xlink:to="lab_ifrs-full_TypesOfHedgesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesDomain" xlink:label="loc_ifrs-full_TypesOfHedgesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xml:lang="en-US">Types of hedges [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xml:lang="en-US">Types of hedges [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesDomain" xlink:to="lab_ifrs-full_TypesOfHedgesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeferredConsiderationOnAcquisitionsMember" xlink:label="loc_bud_DeferredConsiderationOnAcquisitionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsMember" xml:lang="en-US">Deferred consideration on acquisitions [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsMember" xml:lang="en-US">Deferred consideration on acquisitions [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeferredConsiderationOnAcquisitionsMember" xlink:to="lab_bud_DeferredConsiderationOnAcquisitionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeferredConsiderationOnAcquisitionsMember" xml:lang="en-US">Deferred consideration on acquisitions.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FairValueHedgesMember" xlink:label="loc_ifrs-full_FairValueHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FairValueHedgesMember" xml:lang="en-US">Fair value hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FairValueHedgesMember" xml:lang="en-US">Fair value hedges [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FairValueHedgesMember" xlink:to="lab_ifrs-full_FairValueHedgesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-full_CashFlowHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xml:lang="en-US">Cash flow hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xml:lang="en-US">Cash flow hedges [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowHedgesMember" xlink:to="lab_ifrs-full_CashFlowHedgesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesAxis" xlink:label="loc_ifrs-full_TypesOfInterestRatesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xml:lang="en-US">Types of interest rates [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xml:lang="en-US">Types of interest rates [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:to="lab_ifrs-full_TypesOfInterestRatesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesDomain" xlink:label="loc_ifrs-full_TypesOfInterestRatesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xml:lang="en-US">Types of interest rates [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xml:lang="en-US">Types of interest rates [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:to="lab_ifrs-full_TypesOfInterestRatesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FloatingInterestRateMember" xlink:label="loc_ifrs-full_FloatingInterestRateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xml:lang="en-US">Floating interest rate [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xml:lang="en-US">Floating interest rate [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FloatingInterestRateMember" xlink:to="lab_ifrs-full_FloatingInterestRateMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-full_TypesOfRisksAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xml:lang="en-US">Types of risks [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xml:lang="en-US">Types of risks [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksDomain" xlink:label="loc_ifrs-full_TypesOfRisksDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xml:lang="en-US">Types of risks [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xml:lang="en-US">Types of risks [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksDomain" xlink:to="lab_ifrs-full_TypesOfRisksDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityPriceRiskMember" xlink:label="loc_ifrs-full_EquityPriceRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xml:lang="en-US">Equity price risk [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xml:lang="en-US">Equity price risk [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityPriceRiskMember" xlink:to="lab_ifrs-full_EquityPriceRiskMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateRiskMember" xlink:label="loc_ifrs-full_InterestRateRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestRateRiskMember" xml:lang="en-US">Interest rate risk [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestRateRiskMember" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateRiskMember" xlink:to="lab_ifrs-full_InterestRateRiskMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditRiskMember" xlink:label="loc_ifrs-full_CreditRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CreditRiskMember" xml:lang="en-US">Credit risk [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CreditRiskMember" xml:lang="en-US">Credit risk [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditRiskMember" xlink:to="lab_ifrs-full_CreditRiskMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-full_CurrencyRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CurrencyRiskMember" xml:lang="en-US">Currency risk [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignExchangeExposureNatureAxis" xlink:label="loc_bud_ForeignExchangeExposureNatureAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignExchangeExposureNatureAxis" xml:lang="en-US">Foreign Exchange Exposure Nature [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignExchangeExposureNatureAxis" xlink:to="lab_bud_ForeignExchangeExposureNatureAxis" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignExchangeExposureNatureDomain" xlink:label="loc_bud_ForeignExchangeExposureNatureDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignExchangeExposureNatureDomain" xml:lang="en-US">Foreign Exchange Exposure Nature [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignExchangeExposureNatureDomain" xlink:to="lab_bud_ForeignExchangeExposureNatureDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OperatingNatureMember" xlink:label="loc_bud_OperatingNatureMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OperatingNatureMember" xml:lang="en-US">Operating Nature [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OperatingNatureMember" xlink:to="lab_bud_OperatingNatureMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_May2037Member" xlink:label="loc_bud_May2037Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_May2037Member" xml:lang="en-US">May 2037 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_May2037Member" xml:lang="en-US">May 2037 [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_May2037Member" xlink:to="lab_bud_May2037Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_May2037Member" xml:lang="en-US">May 2037.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_May2029Member" xlink:label="loc_bud_May2029Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_May2029Member" xml:lang="en-US">May 2029 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_May2029Member" xml:lang="en-US">May 2029 [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_May2029Member" xlink:to="lab_bud_May2029Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_May2029Member" xml:lang="en-US">May 2029.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrencyMember" xlink:label="loc_bud_CurrencyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrencyMember" xml:lang="en-US">Currency [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrencyMember" xlink:to="lab_bud_CurrencyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrencyMember" xml:lang="en-US">Currency.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateMeasurementInputMember" xlink:label="loc_ifrs-full_InterestRateMeasurementInputMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestRateMeasurementInputMember" xml:lang="en-US">Interest rate, measurement input [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateMeasurementInputMember" xlink:to="lab_ifrs-full_InterestRateMeasurementInputMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_USD" xlink:label="loc_currency_USD" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_currency_USD" xml:lang="en-US">United States of America, Dollars</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_currency_USD" xml:lang="en-US">US Dollar [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_USD" xlink:to="lab_currency_USD" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfHedgeAccountingAbstract" xlink:label="loc_ifrs-full_DisclosureOfHedgeAccountingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingAbstract" xml:lang="en-US">Disclosure of detailed information about hedges [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfHedgeAccountingAbstract" xlink:to="lab_ifrs-full_DisclosureOfHedgeAccountingAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetForeignExchangeResultsTable" xlink:label="loc_bud_NetForeignExchangeResultsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetForeignExchangeResultsTable" xml:lang="en-US">Net foreign exchange results [Table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetForeignExchangeResultsTable" xlink:to="lab_bud_NetForeignExchangeResultsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetForeignExchangeResultsTable" xml:lang="en-US">Net foreign exchange results.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetForeignExchangeResultsLineItems" xlink:label="loc_bud_NetForeignExchangeResultsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetForeignExchangeResultsLineItems" xml:lang="en-US">Net foreign exchange results [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_NetForeignExchangeResultsLineItems" xml:lang="en-US">Net foreign exchange results [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetForeignExchangeResultsLineItems" xlink:to="lab_bud_NetForeignExchangeResultsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetForeignExchangeResultsLineItems" xml:lang="en-US">Net foreign exchange results.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" xlink:label="loc_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" xml:lang="en-US">Foreign Exchange Recognized On hedged And Unhedged Value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" xml:lang="en-US">Net foreign exchange</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" xlink:to="lab_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue" xml:lang="en-US">Foreign Exchange Recognized on hedged And Unhedged Value.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EconomicHedgesMember" xlink:label="loc_bud_EconomicHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EconomicHedgesMember" xml:lang="en-US">Economic Hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_EconomicHedgesMember" xml:lang="en-US">Hedged (economic hedges) [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EconomicHedgesMember" xml:lang="en-US">Economic Hedges [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EconomicHedgesMember" xlink:to="lab_bud_EconomicHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EconomicHedgesMember" xml:lang="en-US">Economic hedges.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherResultsNotHedgedMember" xlink:label="loc_bud_OtherResultsNotHedgedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherResultsNotHedgedMember" xml:lang="en-US">Other results not hedged [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherResultsNotHedgedMember" xml:lang="en-US">Not hedged [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherResultsNotHedgedMember" xlink:to="lab_bud_OtherResultsNotHedgedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherResultsNotHedgedMember" xml:lang="en-US">Other results not hedged.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xml:lang="en-US">Disclosure of detailed information about hedging instruments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xml:lang="en-US">Disclosure of detailed information about hedging instruments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xml:lang="en-US">Disclosure of detailed information about hedging instruments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xml:lang="en-US">Disclosure of detailed information about hedging instruments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xml:lang="en-US">Disclosure of offsetting financial assets and liabilities [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xml:lang="en-US">Disclosure of detailed information about hedging instruments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativeInterestRatePercentage" xlink:label="loc_bud_DerivativeInterestRatePercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativeInterestRatePercentage" xml:lang="en-US">Derivative interest rate percentage</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerivativeInterestRatePercentage" xml:lang="en-US">Hedging</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativeInterestRatePercentage" xlink:to="lab_bud_DerivativeInterestRatePercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativeInterestRatePercentage" xml:lang="en-US">Derivative interest rate percentage.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="loc_ifrs-full_DerivativeFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xml:lang="en-US">Derivative financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xml:lang="en-US">Hedging</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_DerivativeFinancialLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AfterHedgingMember" xlink:label="loc_bud_AfterHedgingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AfterHedgingMember" xml:lang="en-US">After Hedging [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AfterHedgingMember" xml:lang="en-US">After hedging [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AfterHedgingMember" xlink:to="lab_bud_AfterHedgingMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AfterHedgingMember" xml:lang="en-US">After hedging.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FixedInterestRateMember" xlink:label="loc_ifrs-full_FixedInterestRateMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FixedInterestRateMember" xml:lang="en-US">Fixed interest rate [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FixedInterestRateMember" xml:lang="en-US">Fixed interest rate [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FixedInterestRateMember" xlink:to="lab_ifrs-full_FixedInterestRateMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" xml:lang="en-US">Financial liabilities at amortised cost, class [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" xml:lang="en-US">Financial Liabilities at Amortised Cost, Class [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRevenueExpense" xlink:label="loc_ifrs-full_InterestRevenueExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InterestRevenueExpense" xml:lang="en-US">Interest income (expense)</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_InterestRevenueExpense" xml:lang="en-US">Interest expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRevenueExpense" xlink:to="lab_ifrs-full_InterestRevenueExpense" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NotDesignatedInHedgingRelationshipMember" xlink:label="loc_bud_NotDesignatedInHedgingRelationshipMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NotDesignatedInHedgingRelationshipMember" xml:lang="en-US">Not designated in hedging relationship [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NotDesignatedInHedgingRelationshipMember" xml:lang="en-US">Not Designated in Hedging Relationship [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NotDesignatedInHedgingRelationshipMember" xlink:to="lab_bud_NotDesignatedInHedgingRelationshipMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NotDesignatedInHedgingRelationshipMember" xml:lang="en-US">Not designated in hedging relationship.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgedItemMember" xlink:label="loc_bud_HedgedItemMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgedItemMember" xml:lang="en-US">Hedged item [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HedgedItemMember" xml:lang="en-US">Hedged Item [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgedItemMember" xlink:to="lab_bud_HedgedItemMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgedItemMember" xml:lang="en-US">Hedged item.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgingInstrumentMember" xlink:label="loc_bud_HedgingInstrumentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgingInstrumentMember" xml:lang="en-US">Hedging instrument [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_HedgingInstrumentMember" xml:lang="en-US">Hedging Instrument [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgingInstrumentMember" xlink:to="lab_bud_HedgingInstrumentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgingInstrumentMember" xml:lang="en-US">Hedging instrument.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NetInvestmentHedgesMember" xlink:label="loc_bud_NetInvestmentHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NetInvestmentHedgesMember" xml:lang="en-US">Net Investment Hedges [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NetInvestmentHedgesMember" xml:lang="en-US">Net investment hedges [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NetInvestmentHedgesMember" xlink:to="lab_bud_NetInvestmentHedgesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NetInvestmentHedgesMember" xml:lang="en-US">Net Investment Hedges [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AluminumMember" xlink:label="loc_bud_AluminumMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AluminumMember" xml:lang="en-US">Aluminum [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AluminumMember" xml:lang="en-US">Aluminum [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AluminumMember" xlink:to="lab_bud_AluminumMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AluminumMember" xml:lang="en-US">Aluminum [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SugarMember" xlink:label="loc_bud_SugarMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SugarMember" xml:lang="en-US">Sugar [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_bud_SugarMember" xml:lang="en-US">Sugar [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SugarMember" xlink:to="lab_bud_SugarMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SugarMember" xml:lang="en-US">Sugar [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EnergyMember" xlink:label="loc_bud_EnergyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EnergyMember" xml:lang="en-US">Energy [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EnergyMember" xml:lang="en-US">Energy [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EnergyMember" xlink:to="lab_bud_EnergyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EnergyMember" xml:lang="en-US">Energy [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CornMember" xlink:label="loc_bud_CornMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CornMember" xml:lang="en-US">Corn [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_CornMember" xml:lang="en-US">Corn [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CornMember" xlink:to="lab_bud_CornMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CornMember" xml:lang="en-US">Corn [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_WheatMember" xlink:label="loc_bud_WheatMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_WheatMember" xml:lang="en-US">Wheat [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_WheatMember" xml:lang="en-US">Wheat [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_WheatMember" xlink:to="lab_bud_WheatMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_WheatMember" xml:lang="en-US">Wheat [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RiceMember" xlink:label="loc_bud_RiceMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RiceMember" xml:lang="en-US">Rice [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_RiceMember" xml:lang="en-US">Rice [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RiceMember" xlink:to="lab_bud_RiceMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RiceMember" xml:lang="en-US">Rice [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PlasticMember" xlink:label="loc_bud_PlasticMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PlasticMember" xml:lang="en-US">Plastic [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_PlasticMember" xml:lang="en-US">Plastic [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PlasticMember" xlink:to="lab_bud_PlasticMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PlasticMember" xml:lang="en-US">Plastic [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommodityDerivativesOutstanding" xlink:label="loc_bud_CommodityDerivativesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommodityDerivativesOutstanding" xml:lang="en-US">Commodity Derivatives Outstanding</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommodityDerivativesOutstanding" xml:lang="en-US">Commodity derivatives outstanding</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommodityDerivativesOutstanding" xlink:to="lab_bud_CommodityDerivativesOutstanding" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommodityDerivativesOutstanding" xml:lang="en-US">Commodity derivatives outstanding.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommodityPriceRiskMember" xlink:label="loc_ifrs-full_CommodityPriceRiskMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xml:lang="en-US">Commodity price risk [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xml:lang="en-US">Commodity price risk [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommodityPriceRiskMember" xlink:to="lab_ifrs-full_CommodityPriceRiskMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" xlink:label="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" xlink:to="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskAbstract" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" xlink:label="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" xlink:to="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskTable" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" xlink:label="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" xlink:to="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems" xml:lang="en-US">Disclosure of sensitivity analysis for each type of commodity price risk [line items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfVolatilityPriceOfCommodities" xlink:label="loc_bud_PercentageOfVolatilityPriceOfCommodities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfVolatilityPriceOfCommodities" xml:lang="en-US">Percentage of volatility price of commodities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfVolatilityPriceOfCommodities" xml:lang="en-US">Volatility of prices</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfVolatilityPriceOfCommodities" xlink:to="lab_bud_PercentageOfVolatilityPriceOfCommodities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfVolatilityPriceOfCommodities" xml:lang="en-US">Percentage of volatility price of commodities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" xlink:label="loc_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" xml:lang="en-US">Adjustments for increase price pretax impact on equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" xml:lang="en-US">Pre-tax impact on equity Prices increases</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" xlink:to="lab_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity" xml:lang="en-US">Adjustments for increase price pretax impact on equity.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" xlink:label="loc_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" xml:lang="en-US">Adjustments for decrease price pretax impact on equity</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" xml:lang="en-US">Pre-tax impact on equity Prices decrease</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" xlink:to="lab_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity" xml:lang="en-US">Adjustments for decrease price pretax impact on equity.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xml:lang="en-US">Disclosure of credit risk exposure [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" xml:lang="en-US">Disclosure of credit risk exposure [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" xml:lang="en-US">Disclosure of credit risk exposure [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherReceivablesMember" xlink:label="loc_bud_OtherReceivablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherReceivablesMember" xml:lang="en-US">Other Receivables [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherReceivablesMember" xml:lang="en-US">Other receivables [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherReceivablesMember" xlink:to="lab_bud_OtherReceivablesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherReceivablesMember" xml:lang="en-US">Other receivables.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xml:lang="en-US">Disclosure of credit risk exposure [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xml:lang="en-US">Disclosure of credit risk exposure [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:label="loc_ifrs-full_ChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xml:lang="en-US">Changes in allowance account for credit losses of financial assets [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:to="lab_ifrs-full_ChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:label="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:to="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:label="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xlink:label="loc_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xml:lang="en-US">Allowance For Impairment Recognized During the Period on Financial Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xml:lang="en-US">Beginning balance</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xml:lang="en-US">Ending balance</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xlink:to="lab_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets" xml:lang="en-US">Allowance For Impairment Recognized During the Period on Financial Assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Derecognition Allowance Account For Credit Losses Of Financial Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Derecognition</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Derecognition allowance account for credit losses of financial assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Currency Translation And Other Allowance Account For Credit Losses Of Financial Assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Currency translation and other</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="lab_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US">Currency Translation And Other Allowance Account For Credit Losses Of Financial Assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskAbstract" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskAbstract" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskAbstract" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ContractualCashFlowsMember" xlink:label="loc_bud_ContractualCashFlowsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ContractualCashFlowsMember" xml:lang="en-US">Contractual Cash Flows [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ContractualCashFlowsMember" xml:lang="en-US">Contractual cash flows [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ContractualCashFlowsMember" xlink:to="lab_bud_ContractualCashFlowsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ContractualCashFlowsMember" xml:lang="en-US">Contractual cash flows.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" xml:lang="en-US">Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisForFinancialAssetsHeldForManagingLiquidityRiskLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativeFinancialAssetsLiabilitiesAbstract" xlink:label="loc_bud_DerivativeFinancialAssetsLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesAbstract" xml:lang="en-US">Derivative financial assets (liabilities) [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesAbstract" xml:lang="en-US">Derivative financial assets/(liabilities)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativeFinancialAssetsLiabilitiesAbstract" xlink:to="lab_bud_DerivativeFinancialAssetsLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesAbstract" xml:lang="en-US">Derivative financial assets (liabilities).</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignExchangeDerivatives" xlink:label="loc_bud_ForeignExchangeDerivatives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignExchangeDerivatives" xml:lang="en-US">Foreign exchange derivatives</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_ForeignExchangeDerivatives" xml:lang="en-US">Foreign exchange derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignExchangeDerivatives" xlink:to="lab_bud_ForeignExchangeDerivatives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignExchangeDerivatives" xml:lang="en-US">Foreign exchange derivatives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CrossCurrencyInterestRateSwaps" xlink:label="loc_bud_CrossCurrencyInterestRateSwaps" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CrossCurrencyInterestRateSwaps" xml:lang="en-US">Cross currency interest rate swaps</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_CrossCurrencyInterestRateSwaps" xml:lang="en-US">Cross currency interest rate swaps</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CrossCurrencyInterestRateSwaps" xlink:to="lab_bud_CrossCurrencyInterestRateSwaps" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CrossCurrencyInterestRateSwaps" xml:lang="en-US">Cross currency interest rate swaps.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommodityDerivatives" xlink:label="loc_bud_CommodityDerivatives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommodityDerivatives" xml:lang="en-US">Commodity Derivatives</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_CommodityDerivatives" xml:lang="en-US">Commodity derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommodityDerivatives" xlink:to="lab_bud_CommodityDerivatives" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommodityDerivatives" xml:lang="en-US">Commodity derivatives.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EquityDerivative" xlink:label="loc_bud_EquityDerivative" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EquityDerivative" xml:lang="en-US">Equity derivative</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_EquityDerivative" xml:lang="en-US">Equity derivatives</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EquityDerivative" xlink:to="lab_bud_EquityDerivative" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EquityDerivative" xml:lang="en-US">Equity derivative.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" xlink:label="loc_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" xml:lang="en-US">Derivative Financial Assets Liabilities Undiscounted Cash Flows</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" xml:lang="en-US">Derivative financial assets/(liabilities)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" xlink:to="lab_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows" xml:lang="en-US">Derivative financial assets liabilities undiscounted cash flows.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterestRateSwaps" xlink:label="loc_bud_InterestRateSwaps" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterestRateSwaps" xml:lang="en-US">Interest Rate Swaps</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_InterestRateSwaps" xml:lang="en-US">Interest rate swaps</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterestRateSwaps" xlink:to="lab_bud_InterestRateSwaps" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterestRateSwaps" xml:lang="en-US">Interest rate swaps.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonderivativeFinancialLiabilitiesAbstract" xlink:label="loc_bud_NonderivativeFinancialLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonderivativeFinancialLiabilitiesAbstract" xml:lang="en-US">Non-derivative financial liabilities [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonderivativeFinancialLiabilitiesAbstract" xml:lang="en-US">Non-derivative financial liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonderivativeFinancialLiabilitiesAbstract" xlink:to="lab_bud_NonderivativeFinancialLiabilitiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonderivativeFinancialLiabilitiesAbstract" xml:lang="en-US">Non-derivative financial liabilities [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SecuredBankLoansReceived" xlink:label="loc_ifrs-full_SecuredBankLoansReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_SecuredBankLoansReceived" xml:lang="en-US">Secured bank loans received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_SecuredBankLoansReceived" xml:lang="en-US">Secured bank loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SecuredBankLoansReceived" xlink:to="lab_ifrs-full_SecuredBankLoansReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnsecuredBankLoansReceived" xlink:label="loc_ifrs-full_UnsecuredBankLoansReceived" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_UnsecuredBankLoansReceived" xml:lang="en-US">Unsecured bank loans received</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_UnsecuredBankLoansReceived" xml:lang="en-US">Unsecured bank loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnsecuredBankLoansReceived" xlink:to="lab_ifrs-full_UnsecuredBankLoansReceived" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BondsIssued" xlink:label="loc_ifrs-full_BondsIssued" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_BondsIssued" xml:lang="en-US">Bonds issued</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_BondsIssued" xml:lang="en-US">Unsecured bond issues</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BondsIssued" xlink:to="lab_ifrs-full_BondsIssued" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherBorrowings" xlink:label="loc_ifrs-full_OtherBorrowings" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherBorrowings" xml:lang="en-US">Other borrowings</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_OtherBorrowings" xml:lang="en-US">Unsecured other loans</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherBorrowings" xlink:to="lab_ifrs-full_OtherBorrowings" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-full_LeaseLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LeaseLiabilities" xml:lang="en-US">Lease liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_LeaseLiabilities" xml:lang="en-US">Finance lease liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilities" xlink:to="lab_ifrs-full_LeaseLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="loc_ifrs-full_TradeAndOtherPayables" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xml:lang="en-US">Trade and other payables</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_TradeAndOtherPayables" xml:lang="en-US">Trade and other payables</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherPayables" xlink:to="lab_ifrs-full_TradeAndOtherPayables" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:label="loc_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US">Non-derivative financial liabilities, undiscounted cash flows</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US">Non-derivative financial liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" xlink:label="loc_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" xml:lang="en-US">Contractual amounts to be exchanged in derivative financial instrument for which gross cash flows are exchanged</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" xml:lang="en-US">Of which: related to cash flow hedges</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" xlink:to="lab_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" xlink:label="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" xml:lang="en-US">Disclosure of interest bearing financial instruments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" xlink:to="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsAbstract" xml:lang="en-US">Disclosure of interest bearing financial instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInterestBearingFinancialInstrumentsTable" xlink:label="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" xml:lang="en-US">Disclosure of interest bearing financial instruments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" xml:lang="en-US">Disclosure of interest bearing financial instruments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" xlink:to="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsTable" xml:lang="en-US">Schedule disclosing information related to interest bearing financial instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" xlink:label="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" xml:lang="en-US">Disclosure of interest bearing financial instruments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" xml:lang="en-US">Disclosure of interest bearing financial instruments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" xlink:to="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems" xml:lang="en-US">Line items represents information about interest bearing financial instruments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FixedRateInterestBearingLoansCarryingValue" xlink:label="loc_bud_FixedRateInterestBearingLoansCarryingValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FixedRateInterestBearingLoansCarryingValue" xml:lang="en-US">Fixed rate interest bearing loans carrying value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FixedRateInterestBearingLoansCarryingValue" xml:lang="en-US">Carrying amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FixedRateInterestBearingLoansCarryingValue" xlink:to="lab_bud_FixedRateInterestBearingLoansCarryingValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FixedRateInterestBearingLoansCarryingValue" xml:lang="en-US">Fixed rate interest bearing loans carrying value.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_FixedRateInterestBearingLoansFairValue" xlink:label="loc_bud_FixedRateInterestBearingLoansFairValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_FixedRateInterestBearingLoansFairValue" xml:lang="en-US">Fixed rate interest bearing loans fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_FixedRateInterestBearingLoansFairValue" xml:lang="en-US">Fair value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_FixedRateInterestBearingLoansFairValue" xlink:to="lab_bud_FixedRateInterestBearingLoansFairValue" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_FixedRateInterestBearingLoansFairValue" xml:lang="en-US">Fixed rate interest bearing loans fair value.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HeldtomaturityInvestmentsCategoryMember" xlink:label="loc_ifrs-full_HeldtomaturityInvestmentsCategoryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_HeldtomaturityInvestmentsCategoryMember" xml:lang="en-US">Held-to-maturity investments, category [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_HeldtomaturityInvestmentsCategoryMember" xml:lang="en-US">Held for trading (non-derivatives) [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HeldtomaturityInvestmentsCategoryMember" xlink:to="lab_ifrs-full_HeldtomaturityInvestmentsCategoryMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonDerivativeFinancialAssetsMember" xlink:label="loc_bud_NonDerivativeFinancialAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonDerivativeFinancialAssetsMember" xml:lang="en-US">Non derivative financial assets [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonDerivativeFinancialAssetsMember" xml:lang="en-US">Non derivative financial assets [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonDerivativeFinancialAssetsMember" xlink:to="lab_bud_NonDerivativeFinancialAssetsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonDerivativeFinancialAssetsMember" xml:lang="en-US">Non derivative financial assets.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xml:lang="en-US">Classes of liabilities [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xml:lang="en-US">Classes of liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xml:lang="en-US">Classes of liabilities [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xml:lang="en-US">Classes of liabilities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DerivativeLiabilitiesMember" xlink:label="loc_bud_DerivativeLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DerivativeLiabilitiesMember" xml:lang="en-US">Derivative liabilities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DerivativeLiabilitiesMember" xml:lang="en-US">Derivative liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DerivativeLiabilitiesMember" xlink:to="lab_bud_DerivativeLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DerivativeLiabilitiesMember" xml:lang="en-US">Derivative liabilities for financial liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xml:lang="en-US">Quoted (unadjusted) prices- level 1 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xml:lang="en-US">Observable market inputs - level 2 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CommodityContractsMember" xlink:label="loc_bud_CommodityContractsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CommodityContractsMember" xml:lang="en-US">Commodity Contracts [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CommodityContractsMember" xml:lang="en-US">Commodity Contracts [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CommodityContractsMember" xlink:to="lab_bud_CommodityContractsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CommodityContractsMember" xml:lang="en-US">Commodity contracts.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" xlink:label="loc_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" xml:lang="en-US">Foreign currency futures contract and Other hedging instrument [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" xml:lang="en-US">Foreign currency futures contract &amp; others [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" xlink:to="lab_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember" xml:lang="en-US">Foreign currency futures contract and Other hedging instrument.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_HedgeReserve" xlink:label="loc_bud_HedgeReserve" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_HedgeReserve" xml:lang="en-US">Hedge reserve</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_bud_HedgeReserve" xml:lang="en-US">As per 1 January</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_bud_HedgeReserve" xml:lang="en-US">As per 31 December</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_HedgeReserve" xlink:to="lab_bud_HedgeReserve" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_HedgeReserve" xml:lang="en-US">Hedge reserve</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" xlink:label="loc_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" xml:lang="en-US">Gain Loss On Change In Fair Value Of Hedging Instrument Used As Basis For Recognizing In Other Comprehensive Income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" xml:lang="en-US">Change in fair value of hedging instrument recognized in OCI</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" xlink:to="lab_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome" xml:lang="en-US">Gain loss on change in fair value of hedging instrument used as basis for recognizing in other comprehensive income.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" xlink:label="loc_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" xml:lang="en-US">Gains Losses On Hedges Recognized In Profit Or Loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" xml:lang="en-US">Reclassified to profit or loss / cost of inventory</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" xlink:to="lab_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss" xml:lang="en-US">Gains Losses on Hedges Recognized In Profit or Loss.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="loc_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Gross amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:label="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US">Net amount recognized in the statement of financial position</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" xlink:label="loc_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" xml:lang="en-US">Amount of financial assets subject to enforceable master netting other offsetting arrangement or similar agreements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" xml:lang="en-US">Other offsetting agreements</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" xlink:to="lab_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements" xml:lang="en-US">Amount of financial assets subject to enforceable master netting other offsetting arrangement or similar agreements.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Total net amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="loc_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Gross amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:label="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US">Net amount recognized in the statement of financial position</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US">Total net amount</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="lab_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CollateralAndContractualCommitmentsAbstract" xlink:label="loc_bud_CollateralAndContractualCommitmentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CollateralAndContractualCommitmentsAbstract" xml:lang="en-US">Collateral and contractual commitments [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CollateralAndContractualCommitmentsAbstract" xlink:to="lab_bud_CollateralAndContractualCommitmentsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CollateralAndContractualCommitmentsAbstract" xml:lang="en-US">Collateral and contractual commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:label="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xml:lang="en-US">Collateral given for own liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:to="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherContractualCommitments" xlink:label="loc_bud_OtherContractualCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherContractualCommitments" xml:lang="en-US">Other Contractual Commitments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_OtherContractualCommitments" xml:lang="en-US">Other contractual commitments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherContractualCommitments" xlink:to="lab_bud_OtherContractualCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherContractualCommitments" xml:lang="en-US">Other contractual commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherCommitments" xlink:label="loc_bud_OtherCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherCommitments" xml:lang="en-US">Other Commitments</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherCommitments" xml:lang="en-US">Other commitments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherCommitments" xlink:to="lab_bud_OtherCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherCommitments" xml:lang="en-US">Other commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCollateralAndContractualCommitmentsTable" xlink:label="loc_bud_DisclosureOfCollateralAndContractualCommitmentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsTable" xml:lang="en-US">Disclosure of collateral and contractual commitments [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsTable" xml:lang="en-US">Disclosure of collateral and contractual commitments [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCollateralAndContractualCommitmentsTable" xlink:to="lab_bud_DisclosureOfCollateralAndContractualCommitmentsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsTable" xml:lang="en-US">Schedule disclosing collateral and contractual commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BeatboxBeveragesMember" xlink:label="loc_bud_BeatboxBeveragesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BeatboxBeveragesMember" xml:lang="en-US">Beatbox beverages [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BeatboxBeveragesMember" xlink:to="lab_bud_BeatboxBeveragesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UsBasedMetalContainerPlantsMember" xlink:label="loc_bud_UsBasedMetalContainerPlantsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UsBasedMetalContainerPlantsMember" xml:lang="en-US">US Based metal container plants [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UsBasedMetalContainerPlantsMember" xlink:to="lab_bud_UsBasedMetalContainerPlantsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UsBasedMetalContainerPlantsMember" xml:lang="en-US">US Based metal container plants</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" xlink:label="loc_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" xml:lang="en-US">Disclosure of collateral and contractual commitments [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" xml:lang="en-US">Disclosure of collateral and contractual commitments [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" xlink:to="lab_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems" xml:lang="en-US">Line items represents collateral and contractual commitments.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:label="loc_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xml:lang="en-US">Cash collateral pledged subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xml:lang="en-US">Cash guarantees for liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="lab_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xml:lang="en-US">Property, plant and equipment, pledged as security</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xml:lang="en-US">Property collateral given for remaining own liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfOwnershipAcquiredInBusinessCombination" xlink:label="loc_bud_PercentageOfOwnershipAcquiredInBusinessCombination" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfOwnershipAcquiredInBusinessCombination" xml:lang="en-US">Percentage Of Ownership Acquired In Business Combination</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_PercentageOfOwnershipAcquiredInBusinessCombination" xml:lang="en-US">Percentage of ownership acquired in business combination</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfOwnershipAcquiredInBusinessCombination" xlink:to="lab_bud_PercentageOfOwnershipAcquiredInBusinessCombination" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfOwnershipAcquiredInBusinessCombination" xml:lang="en-US">Percentage of ownership acquired in business combination.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfOwnershipNeedToBeAchieved" xlink:label="loc_bud_PercentageOfOwnershipNeedToBeAchieved" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfOwnershipNeedToBeAchieved" xml:lang="en-US">Percentage Of Ownership Need To Be Achieved</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfOwnershipNeedToBeAchieved" xlink:to="lab_bud_PercentageOfOwnershipNeedToBeAchieved" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfOwnershipNeedToBeAchieved" xml:lang="en-US">Percentage Of Ownership Need To Be Achieved</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:label="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SponsorshipAgreementCommitments" xlink:label="loc_bud_SponsorshipAgreementCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SponsorshipAgreementCommitments" xml:lang="en-US">Sponsorship Agreement Commitments</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SponsorshipAgreementCommitments" xlink:to="lab_bud_SponsorshipAgreementCommitments" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SponsorshipAgreementCommitments" xml:lang="en-US">Sponsorship Agreement Commitments</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" xlink:label="loc_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" xml:lang="en-US">Loan Acquisition Commitments To Associates And Customers</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" xml:lang="en-US">Loan Acquisition Commitments To Associates And Customers</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" xlink:to="lab_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers" xml:lang="en-US">Loan Acquisition Commitments To Associates And Customers</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromExerciseOfOptions" xlink:label="loc_ifrs-full_ProceedsFromExerciseOfOptions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProceedsFromExerciseOfOptions" xml:lang="en-US">Proceeds from exercise of options</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProceedsFromExerciseOfOptions" xml:lang="en-US">Proceeds from exercise of options</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromExerciseOfOptions" xlink:to="lab_ifrs-full_ProceedsFromExerciseOfOptions" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfSharesSold" xlink:label="loc_bud_PercentageOfSharesSold" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfSharesSold" xml:lang="en-US">Percentage Of Shares Sold</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfSharesSold" xml:lang="en-US">Percentage of shares sold</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfSharesSold" xlink:to="lab_bud_PercentageOfSharesSold" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfSharesSold" xml:lang="en-US">Percentage of shares sold.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xml:lang="en-US">Items of contingent liabilities [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:label="loc_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xml:lang="en-US">Entering into significant commitments or contingent liabilities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xml:lang="en-US">Entering into significant commitments or contingent liabilities [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:to="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxAbstract" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [abstract]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxTable" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LegalProceedingsContingentLiabilityMember" xlink:label="loc_ifrs-full_LegalProceedingsContingentLiabilityMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LegalProceedingsContingentLiabilityMember" xml:lang="en-US">Legal proceedings contingent liability [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LegalProceedingsContingentLiabilityMember" xml:lang="en-US">Legal proceedings contingent liability [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LegalProceedingsContingentLiabilityMember" xlink:to="lab_ifrs-full_LegalProceedingsContingentLiabilityMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" xlink:label="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" xml:lang="en-US">Disclosure of detailed information about material tax [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" xlink:to="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems" xml:lang="en-US">Disclosure Of Detailed Information About Material Tax [Line Items]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IncomeTaxAndSocialContribution" xlink:label="loc_bud_IncomeTaxAndSocialContribution" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IncomeTaxAndSocialContribution" xml:lang="en-US">Income Tax And Social Contribution</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IncomeTaxAndSocialContribution" xml:lang="en-US">Income tax and social contribution</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IncomeTaxAndSocialContribution" xlink:to="lab_bud_IncomeTaxAndSocialContribution" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IncomeTaxAndSocialContribution" xml:lang="en-US">Income tax and social contribution.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ValueAddedAndExciseTaxes" xlink:label="loc_bud_ValueAddedAndExciseTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ValueAddedAndExciseTaxes" xml:lang="en-US">Value Added And Excise Taxes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ValueAddedAndExciseTaxes" xml:lang="en-US">Value-added and excise taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ValueAddedAndExciseTaxes" xlink:to="lab_bud_ValueAddedAndExciseTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ValueAddedAndExciseTaxes" xml:lang="en-US">Value added and excise taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherTaxes" xlink:label="loc_bud_OtherTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherTaxes" xml:lang="en-US">Other Taxes</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherTaxes" xml:lang="en-US">Other taxes</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherTaxes" xlink:to="lab_bud_OtherTaxes" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherTaxes" xml:lang="en-US">Other taxes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MaterialTaxNet" xlink:label="loc_bud_MaterialTaxNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MaterialTaxNet" xml:lang="en-US">Material Tax Net</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MaterialTaxNet" xml:lang="en-US">Material tax net</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MaterialTaxNet" xlink:to="lab_bud_MaterialTaxNet" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MaterialTaxNet" xml:lang="en-US">Material tax net.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InBevHoldingBrasilSAMember" xlink:label="loc_bud_InBevHoldingBrasilSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InBevHoldingBrasilSAMember" xml:lang="en-US">In Bev Holding Brasil SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InBevHoldingBrasilSAMember" xml:lang="en-US">In Bev Holding Brasil SA [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InBevHoldingBrasilSAMember" xlink:to="lab_bud_InBevHoldingBrasilSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InBevHoldingBrasilSAMember" xml:lang="en-US">In Bev Holding Brasil SA.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BeverageAssociatesHoldingLimitedMember" xlink:label="loc_bud_BeverageAssociatesHoldingLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BeverageAssociatesHoldingLimitedMember" xml:lang="en-US">Beverage Associates Holding Limited [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BeverageAssociatesHoldingLimitedMember" xml:lang="en-US">Beverage Associates Holding Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BeverageAssociatesHoldingLimitedMember" xlink:to="lab_bud_BeverageAssociatesHoldingLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BeverageAssociatesHoldingLimitedMember" xml:lang="en-US">Beverage Associates Holding Limited.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CNDHoldingsMember" xlink:label="loc_bud_CNDHoldingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CNDHoldingsMember" xml:lang="en-US">CND Holdings [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CNDHoldingsMember" xml:lang="en-US">CND Holdings [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CNDHoldingsMember" xlink:to="lab_bud_CNDHoldingsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CNDHoldingsMember" xml:lang="en-US">CND Holdings.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MagMember" xlink:label="loc_bud_MagMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MagMember" xml:lang="en-US">MAG [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MagMember" xml:lang="en-US">MAG [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MagMember" xlink:to="lab_bud_MagMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MagMember" xml:lang="en-US">MAG [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ForeignSubsidiariesMember" xlink:label="loc_bud_ForeignSubsidiariesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ForeignSubsidiariesMember" xml:lang="en-US">Foreign Subsidiaries [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ForeignSubsidiariesMember" xml:lang="en-US">Foreign subsidiaries [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ForeignSubsidiariesMember" xlink:to="lab_bud_ForeignSubsidiariesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ForeignSubsidiariesMember" xml:lang="en-US">Foreign Subsidiaries [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ContingentLiabilitiesFinancialInstitutionAxis" xlink:label="loc_bud_ContingentLiabilitiesFinancialInstitutionAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionAxis" xml:lang="en-US">Contingent liabilities financial institution [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionAxis" xml:lang="en-US">Contingent liabilities financial institution [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ContingentLiabilitiesFinancialInstitutionAxis" xlink:to="lab_bud_ContingentLiabilitiesFinancialInstitutionAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionAxis" xml:lang="en-US">Contingent liabilities financial institution [axis]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ContingentLiabilitiesFinancialInstitutionMember" xlink:label="loc_bud_ContingentLiabilitiesFinancialInstitutionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionMember" xml:lang="en-US">Contingent liabilities financial institution [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionMember" xml:lang="en-US">Contingent liabilities financial institution [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ContingentLiabilitiesFinancialInstitutionMember" xlink:to="lab_bud_ContingentLiabilitiesFinancialInstitutionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ContingentLiabilitiesFinancialInstitutionMember" xml:lang="en-US">Contingent liabilities financial institution.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IntegrationProgramSocialSecurityFinancingLevyMember" xlink:label="loc_bud_IntegrationProgramSocialSecurityFinancingLevyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IntegrationProgramSocialSecurityFinancingLevyMember" xml:lang="en-US">Integration program social security financing levy [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IntegrationProgramSocialSecurityFinancingLevyMember" xml:lang="en-US">Integration program social security financing levy [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IntegrationProgramSocialSecurityFinancingLevyMember" xlink:to="lab_bud_IntegrationProgramSocialSecurityFinancingLevyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IntegrationProgramSocialSecurityFinancingLevyMember" xml:lang="en-US">Integration program social security financing levy.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LossContingencyEstimateOfPossibleLoss1" xlink:label="loc_bud_LossContingencyEstimateOfPossibleLoss1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LossContingencyEstimateOfPossibleLoss1" xml:lang="en-US">Loss contingency estimate of possible loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LossContingencyEstimateOfPossibleLoss1" xml:lang="en-US">Estimate of possible loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LossContingencyEstimateOfPossibleLoss1" xlink:to="lab_bud_LossContingencyEstimateOfPossibleLoss1" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LossContingencyEstimateOfPossibleLoss1" xml:lang="en-US">Loss contingency estimate of possible loss.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentAmountRelatedToTaxReturn" xlink:label="loc_bud_TaxAssessmentAmountRelatedToTaxReturn" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentAmountRelatedToTaxReturn" xml:lang="en-US">Tax assessment amount related to tax return</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentAmountRelatedToTaxReturn" xml:lang="en-US">Tax assessment amount which were cancelled since Sep 2024</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentAmountRelatedToTaxReturn" xlink:to="lab_bud_TaxAssessmentAmountRelatedToTaxReturn" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentAmountRelatedToTaxReturn" xml:lang="en-US">Tax assessment amount related to tax return.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermDeposits" xlink:label="loc_ifrs-full_LongtermDeposits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_LongtermDeposits" xml:lang="en-US">Long-term deposits</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_LongtermDeposits" xml:lang="en-US">Deposits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermDeposits" xlink:to="lab_ifrs-full_LongtermDeposits" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ClaimOnDividendsOfShares" xlink:label="loc_bud_ClaimOnDividendsOfShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ClaimOnDividendsOfShares" xml:lang="en-US">Claim On Dividends Of Shares</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ClaimOnDividendsOfShares" xml:lang="en-US">Claim on dividends of shares</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ClaimOnDividendsOfShares" xlink:to="lab_bud_ClaimOnDividendsOfShares" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ClaimOnDividendsOfShares" xml:lang="en-US">Claim on dividends of shares.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AssessmentAmountOfPrepaidBySubsidiaries" xlink:label="loc_bud_AssessmentAmountOfPrepaidBySubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AssessmentAmountOfPrepaidBySubsidiaries" xml:lang="en-US">Assessment Amount Of Prepaid By Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AssessmentAmountOfPrepaidBySubsidiaries" xml:lang="en-US">Assessment amount of prepaid by subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AssessmentAmountOfPrepaidBySubsidiaries" xlink:to="lab_bud_AssessmentAmountOfPrepaidBySubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AssessmentAmountOfPrepaidBySubsidiaries" xml:lang="en-US">Assessment amount of prepaid by subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AggregateExceptionalChargeForTaxAuditClaim" xlink:label="loc_bud_AggregateExceptionalChargeForTaxAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AggregateExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Aggregate Exceptional Charge For Tax Audit Claim</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AggregateExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Aggregate exceptional charge for tax audit claim</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AggregateExceptionalChargeForTaxAuditClaim" xlink:to="lab_bud_AggregateExceptionalChargeForTaxAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AggregateExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Aggregate exceptional charge for tax audit claim.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExceptionalChargeForTaxAuditClaim" xlink:label="loc_bud_ExceptionalChargeForTaxAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Exceptional Charge For Tax Audit Claim</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Exceptional charge for Tax audit claim</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExceptionalChargeForTaxAuditClaim" xlink:to="lab_bud_ExceptionalChargeForTaxAuditClaim" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExceptionalChargeForTaxAuditClaim" xml:lang="en-US">Exceptional charge for tax audit claim.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxLitigationMinasGeraisLawImpact" xlink:label="loc_bud_TaxLitigationMinasGeraisLawImpact" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxLitigationMinasGeraisLawImpact" xml:lang="en-US">Tax Litigation Minas Gerais Law Impact</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_TaxLitigationMinasGeraisLawImpact" xml:lang="en-US">Tax litigation minas gerais law impact</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxLitigationMinasGeraisLawImpact" xlink:to="lab_bud_TaxLitigationMinasGeraisLawImpact" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxLitigationMinasGeraisLawImpact" xml:lang="en-US">Tax litigation minas gerais law impact.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxPenaltyLimitAppliedPercent" xlink:label="loc_bud_TaxPenaltyLimitAppliedPercent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxPenaltyLimitAppliedPercent" xml:lang="en-US">Tax Penalty Limit Applied Percent</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_TaxPenaltyLimitAppliedPercent" xml:lang="en-US">Tax penalty limit applied percent</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxPenaltyLimitAppliedPercent" xlink:to="lab_bud_TaxPenaltyLimitAppliedPercent" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxPenaltyLimitAppliedPercent" xml:lang="en-US">Tax penalty limit applied percent.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxLitigationMaranhaoNewClaims" xlink:label="loc_bud_TaxLitigationMaranhaoNewClaims" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxLitigationMaranhaoNewClaims" xml:lang="en-US">Tax Litigation Maranhao New Claims</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxLitigationMaranhaoNewClaims" xml:lang="en-US">Tax litigation maranhao new claims</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxLitigationMaranhaoNewClaims" xlink:to="lab_bud_TaxLitigationMaranhaoNewClaims" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxLitigationMaranhaoNewClaims" xml:lang="en-US">Tax litigation maranhao new claims.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmountOfReclassificationOfRemoteLoss" xlink:label="loc_bud_AmountOfReclassificationOfRemoteLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmountOfReclassificationOfRemoteLoss" xml:lang="en-US">Amount Of Reclassification Of Remote Loss</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AmountOfReclassificationOfRemoteLoss" xml:lang="en-US">Amount of reclassification of remote loss</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmountOfReclassificationOfRemoteLoss" xlink:to="lab_bud_AmountOfReclassificationOfRemoteLoss" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmountOfReclassificationOfRemoteLoss" xml:lang="en-US">Amount of reclassification of remote loss.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageOfMaximumLimitForLateFines" xlink:label="loc_bud_PercentageOfMaximumLimitForLateFines" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageOfMaximumLimitForLateFines" xml:lang="en-US">Percentage Of Maximum Limit For Late Fines</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageOfMaximumLimitForLateFines" xml:lang="en-US">Percentage of maximum limit for late fines</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageOfMaximumLimitForLateFines" xlink:to="lab_bud_PercentageOfMaximumLimitForLateFines" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageOfMaximumLimitForLateFines" xml:lang="en-US">Percentage of maximum limit for late fines.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ReductionContingentLiabilities" xlink:label="loc_bud_ReductionContingentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ReductionContingentLiabilities" xml:lang="en-US">Reduction Contingent Liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ReductionContingentLiabilities" xml:lang="en-US">Reduction Contingent Liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ReductionContingentLiabilities" xlink:to="lab_bud_ReductionContingentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ReductionContingentLiabilities" xml:lang="en-US">Reduction contingent liabilities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PercentageReductionInTheAmountPayableToTaxAuthorities" xlink:label="loc_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" xml:lang="en-US">Percentage Reduction In The Amount Payable To Tax Authorities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" xml:lang="en-US">Percentage reduction in the amount payable to tax authorities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" xlink:to="lab_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PercentageReductionInTheAmountPayableToTaxAuthorities" xml:lang="en-US">Percentage reduction in the amount payable to tax authorities.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RevisedPenaltyPayableInPercentage" xlink:label="loc_bud_RevisedPenaltyPayableInPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RevisedPenaltyPayableInPercentage" xml:lang="en-US">Revised Penalty Payable In Percentage</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RevisedPenaltyPayableInPercentage" xml:lang="en-US">Revised penalty payable in percentage</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RevisedPenaltyPayableInPercentage" xlink:to="lab_bud_RevisedPenaltyPayableInPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RevisedPenaltyPayableInPercentage" xml:lang="en-US">Revised penalty payable in percentage.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PenaltyPayableInPercentage" xlink:label="loc_bud_PenaltyPayableInPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PenaltyPayableInPercentage" xml:lang="en-US">Penalty Payable In Percentage</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PenaltyPayableInPercentage" xml:lang="en-US">Penalty payable in percentage</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PenaltyPayableInPercentage" xlink:to="lab_bud_PenaltyPayableInPercentage" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PenaltyPayableInPercentage" xml:lang="en-US">Penalty payable in percentage.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmountPayableInRespectOfTaxMattersSettledGross" xlink:label="loc_bud_AmountPayableInRespectOfTaxMattersSettledGross" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmountPayableInRespectOfTaxMattersSettledGross" xml:lang="en-US">Amount Payable In Respect Of Tax Matters Settled Gross</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AmountPayableInRespectOfTaxMattersSettledGross" xml:lang="en-US">Amount payable in respect of tax matters settled gross</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmountPayableInRespectOfTaxMattersSettledGross" xlink:to="lab_bud_AmountPayableInRespectOfTaxMattersSettledGross" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmountPayableInRespectOfTaxMattersSettledGross" xml:lang="en-US">Amount payable in respect of tax matters settled gross.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" xlink:label="loc_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" xml:lang="en-US">Amount In Respect Of Which Party Favourable Judgement Is Given By Lower Administrative Court</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" xml:lang="en-US">Amount In Respect Of Which Party Favourable Judgement Is Given By Lower Administrative Court</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" xlink:to="lab_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt" xml:lang="en-US">Amount in respect of which party favourable judgment is given by lower administrative court.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OriginalAssessmentFromSARSAlreadySettled" xlink:label="loc_bud_OriginalAssessmentFromSARSAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OriginalAssessmentFromSARSAlreadySettled" xml:lang="en-US">Original Assessment From SARS Already Settled</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OriginalAssessmentFromSARSAlreadySettled" xml:lang="en-US">Original assessment from SARS (already settled)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OriginalAssessmentFromSARSAlreadySettled" xlink:to="lab_bud_OriginalAssessmentFromSARSAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OriginalAssessmentFromSARSAlreadySettled" xml:lang="en-US">Original assessment from SARS already settled.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" xlink:label="loc_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" xml:lang="en-US">Original Assessment From SARS To CCBA Already Settled</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" xml:lang="en-US">Original assessment from SARS to CCBA (already settled)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" xlink:to="lab_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled" xml:lang="en-US">Original assessment from SARS to CCBA (already settled).</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" xlink:label="loc_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" xml:lang="en-US">Original Assessment From SARS Excluding Penalties And Fees Already Settled</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" xml:lang="en-US">Original assessment from SARS - excluding penalties and fees (already settled)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" xlink:to="lab_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled" xml:lang="en-US">Original assessment from SARS excluding penalties and fees (already settled).</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_RioDeJaneiroMember" xlink:label="loc_bud_RioDeJaneiroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_RioDeJaneiroMember" xml:lang="en-US">Rio de Janeiro [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_RioDeJaneiroMember" xml:lang="en-US">Rio de Janeiro [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_RioDeJaneiroMember" xlink:to="lab_bud_RioDeJaneiroMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_RioDeJaneiroMember" xml:lang="en-US">Rio de Janeiro.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_TZ" xlink:label="loc_country_TZ" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_TZ" xml:lang="en-US">TANZANIA, UNITED REPUBLIC OF</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_TZ" xml:lang="en-US">Tanzania [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_TZ" xlink:to="lab_country_TZ" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ICMSPRODEPEMember" xlink:label="loc_bud_ICMSPRODEPEMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ICMSPRODEPEMember" xml:lang="en-US">ICMS PRODEPE [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ICMSPRODEPEMember" xml:lang="en-US">ICMS-PRODEPE [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ICMSPRODEPEMember" xlink:to="lab_bud_ICMSPRODEPEMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ICMSPRODEPEMember" xml:lang="en-US">ICMS-PRODEPE.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IcmsstTriggerMember" xlink:label="loc_bud_IcmsstTriggerMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IcmsstTriggerMember" xml:lang="en-US">ICMSST Trigger [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IcmsstTriggerMember" xml:lang="en-US">ICMS-ST Trigger [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IcmsstTriggerMember" xlink:to="lab_bud_IcmsstTriggerMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember" xlink:label="loc_bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember" xml:lang="en-US">ICMS Tax Credits For Rio Grande do Sul and Sao Paulo [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember" xlink:to="lab_bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ArosucoMember" xlink:label="loc_bud_ArosucoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ArosucoMember" xml:lang="en-US">Arosuco [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ArosucoMember" xml:lang="en-US">Arosuco [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ArosucoMember" xlink:to="lab_bud_ArosucoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ArosucoMember" xml:lang="en-US">Arosuco.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerbucoBrewingIncMember" xlink:label="loc_bud_CerbucoBrewingIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerbucoBrewingIncMember" xml:lang="en-US">Cerbuco Brewing Inc [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerbucoBrewingIncMember" xlink:to="lab_bud_CerbucoBrewingIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerbucoBrewingIncMember" xml:lang="en-US">Cerbuco Brewing Inc.[member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentOneMember" xlink:label="loc_bud_TaxAssessmentOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentOneMember" xml:lang="en-US">Tax assessment one [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentOneMember" xml:lang="en-US">Tax Assessment During 2005 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentOneMember" xlink:to="lab_bud_TaxAssessmentOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentOneMember" xml:lang="en-US">Tax assessment one.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentTwoMember" xlink:label="loc_bud_TaxAssessmentTwoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentTwoMember" xml:lang="en-US">Tax assessment two [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentTwoMember" xml:lang="en-US">Tax Assessment in December 2011 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentTwoMember" xlink:to="lab_bud_TaxAssessmentTwoMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentTwoMember" xml:lang="en-US">Tax assessment two.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentThreeMember" xlink:label="loc_bud_TaxAssessmentThreeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentThreeMember" xml:lang="en-US">Tax assessment three [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentThreeMember" xml:lang="en-US">Tax assessment in October 2013 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentThreeMember" xlink:to="lab_bud_TaxAssessmentThreeMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentThreeMember" xml:lang="en-US">Tax assessment three.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentEightMember" xlink:label="loc_bud_TaxAssessmentEightMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentEightMember" xml:lang="en-US">Tax assessment eight [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentEightMember" xml:lang="en-US">Tax Assessment in December 2015 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentEightMember" xlink:to="lab_bud_TaxAssessmentEightMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentEightMember" xml:lang="en-US">Tax assessment eight.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" xlink:label="loc_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" xml:lang="en-US">Tax Assessment In Two Thousand Eighteen And Two Thousand And Twenty One [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" xml:lang="en-US">Tax Assessment in 2018 and 2021 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" xlink:to="lab_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember" xml:lang="en-US">Tax assessment in two thousand eighteen and two thousand and twenty one.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxAssessmentInNovember2017Member" xlink:label="loc_bud_TaxAssessmentInNovember2017Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxAssessmentInNovember2017Member" xml:lang="en-US">Tax Assessment In November 2017 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxAssessmentInNovember2017Member" xml:lang="en-US">Tax Assessment in November 2017 [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxAssessmentInNovember2017Member" xlink:to="lab_bud_TaxAssessmentInNovember2017Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxAssessmentInNovember2017Member" xml:lang="en-US">Tax Assessment in November 2017.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TaxassessmentnineMember" xlink:label="loc_bud_TaxassessmentnineMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TaxassessmentnineMember" xml:lang="en-US">TaxAssessmentNine [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TaxassessmentnineMember" xml:lang="en-US">Tax Assessment in December [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TaxassessmentnineMember" xlink:to="lab_bud_TaxassessmentnineMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TaxassessmentnineMember" xml:lang="en-US">Tax assessment nine [Member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TanzaniaBreweriesPlcMember" xlink:label="loc_bud_TanzaniaBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TanzaniaBreweriesPlcMember" xml:lang="en-US">TANZANIA BREWERIES PLC [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TanzaniaBreweriesPlcMember" xml:lang="en-US">TANZANIA BREWERIES PLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TanzaniaBreweriesPlcMember" xlink:to="lab_bud_TanzaniaBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TanzaniaBreweriesPlcMember" xml:lang="en-US">TANZANIA BREWERIES PLC.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxContingentLiabilityMember" xlink:label="loc_ifrs-full_TaxContingentLiabilityMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_TaxContingentLiabilityMember" xml:lang="en-US">Tax contingent liability [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxContingentLiabilityMember" xlink:to="lab_ifrs-full_TaxContingentLiabilityMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisallowanceOfTaxPaidAbroadMember" xlink:label="loc_bud_DisallowanceOfTaxPaidAbroadMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisallowanceOfTaxPaidAbroadMember" xml:lang="en-US">Disallowance Of Tax Paid Abroad [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisallowanceOfTaxPaidAbroadMember" xml:lang="en-US">Disallowance Of Tax Paid Abroad [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisallowanceOfTaxPaidAbroadMember" xlink:to="lab_bud_DisallowanceOfTaxPaidAbroadMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisallowanceOfTaxPaidAbroadMember" xml:lang="en-US">Disallowance of tax paid abroad.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeductibilityOfIocExpensesMember" xlink:label="loc_bud_DeductibilityOfIocExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeductibilityOfIocExpensesMember" xml:lang="en-US">Deductibility Of IOC Expenses [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeductibilityOfIocExpensesMember" xml:lang="en-US">Deductibility Of IOC Expenses [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeductibilityOfIocExpensesMember" xlink:to="lab_bud_DeductibilityOfIocExpensesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeductibilityOfIocExpensesMember" xml:lang="en-US">Deductibility of IOC expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_IPIExciseTaxMember" xlink:label="loc_bud_IPIExciseTaxMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_IPIExciseTaxMember" xml:lang="en-US">IPI excise tax [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_IPIExciseTaxMember" xml:lang="en-US">IPI excise tax [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_IPIExciseTaxMember" xlink:to="lab_bud_IPIExciseTaxMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_IPIExciseTaxMember" xml:lang="en-US">IPI excise tax.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ABINBEVSPERUVIANTAXMATTERSMember" xlink:label="loc_bud_ABINBEVSPERUVIANTAXMATTERSMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ABINBEVSPERUVIANTAXMATTERSMember" xml:lang="en-US">AB INBEVS PERUVIAN TAX MATTERS [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ABINBEVSPERUVIANTAXMATTERSMember" xml:lang="en-US">AB INBEV'S PERUVIAN TAX MATTERS [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ABINBEVSPERUVIANTAXMATTERSMember" xlink:to="lab_bud_ABINBEVSPERUVIANTAXMATTERSMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ABINBEVSPERUVIANTAXMATTERSMember" xml:lang="en-US">AB INBEV'S PERUVIAN TAX MATTERS [Member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_EuropeanCommissionDecisionMember" xlink:label="loc_bud_EuropeanCommissionDecisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_EuropeanCommissionDecisionMember" xml:lang="en-US">European Commission Decision [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_EuropeanCommissionDecisionMember" xml:lang="en-US">European commission decision [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_EuropeanCommissionDecisionMember" xlink:to="lab_bud_EuropeanCommissionDecisionMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_EuropeanCommissionDecisionMember" xml:lang="en-US">European commission decision.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ManausFreeTradeZoneIpiSocialContributionsMember" xlink:label="loc_bud_ManausFreeTradeZoneIpiSocialContributionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ManausFreeTradeZoneIpiSocialContributionsMember" xml:lang="en-US">Manaus Free Trade Zone IPI Social contributions [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ManausFreeTradeZoneIpiSocialContributionsMember" xml:lang="en-US">Manaus free trade zone IPI social contributions [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ManausFreeTradeZoneIpiSocialContributionsMember" xlink:to="lab_bud_ManausFreeTradeZoneIpiSocialContributionsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ManausFreeTradeZoneIpiSocialContributionsMember" xml:lang="en-US">Manaus free trade zone &#8211; IPI / social contributions[member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevsSouthAfricaTaxMattersMember" xlink:label="loc_bud_AbInbevsSouthAfricaTaxMattersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevsSouthAfricaTaxMattersMember" xml:lang="en-US">AB INBEVS SOUTH AFRICA TAX MATTERS [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevsSouthAfricaTaxMattersMember" xml:lang="en-US">AB INBEVS SOUTH AFRICA TAX MATTERS [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevsSouthAfricaTaxMattersMember" xlink:to="lab_bud_AbInbevsSouthAfricaTaxMattersMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevsSouthAfricaTaxMattersMember" xml:lang="en-US">AB INBEV'S SOUTH AFRICA TAX MATTERS [member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LosscontingenciesbynatureofcontingencyAxis" xlink:label="loc_bud_LosscontingenciesbynatureofcontingencyAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LosscontingenciesbynatureofcontingencyAxis" xml:lang="en-US">LossContingenciesByNatureOfContingency [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LosscontingenciesbynatureofcontingencyAxis" xlink:to="lab_bud_LosscontingenciesbynatureofcontingencyAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LosscontingenciesbynatureofcontingencyAxis" xml:lang="en-US">Loss contingencies by nature Of contingency axis.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LosscontingenciesbynatureofcontingencyDomain" xlink:label="loc_bud_LosscontingenciesbynatureofcontingencyDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LosscontingenciesbynatureofcontingencyDomain" xml:lang="en-US">LossContingenciesByNatureOfContingency [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LosscontingenciesbynatureofcontingencyDomain" xlink:to="lab_bud_LosscontingenciesbynatureofcontingencyDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LosscontingenciesbynatureofcontingencyDomain" xml:lang="en-US">Loss ontingencies by nature Of contingency axis.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis" xlink:label="loc_ifrs-full_JointVenturesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_JointVenturesAxis" xml:lang="en-US">Joint ventures [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesAxis" xlink:to="lab_ifrs-full_JointVenturesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesDomain" xlink:label="loc_ifrs-full_JointVenturesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_JointVenturesDomain" xml:lang="en-US">Joint ventures [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesDomain" xlink:to="lab_ifrs-full_JointVenturesDomain" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaBucaneroS.aMember" xlink:label="loc_bud_CerveceriaBucaneroS.aMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaBucaneroS.aMember" xml:lang="en-US">Cerveceria Bucanero S.A [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaBucaneroS.aMember" xml:lang="en-US">Cerveceria Bucanero S.A [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaBucaneroS.aMember" xlink:to="lab_bud_CerveceriaBucaneroS.aMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaBucaneroS.aMember" xml:lang="en-US">Cerveceria bucanero S.A.[member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfNonControllingInterestsAbstract" xlink:label="loc_bud_DisclosureOfNonControllingInterestsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfNonControllingInterestsAbstract" xml:lang="en-US">Disclosure Of Non Controlling Interests [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfNonControllingInterestsAbstract" xlink:to="lab_bud_DisclosureOfNonControllingInterestsAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfNonControllingInterestsAbstract" xml:lang="en-US">Disclosure of non controlling interests.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfNoncontrollingInterestsTable" xlink:label="loc_bud_DisclosureOfNoncontrollingInterestsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsTable" xml:lang="en-US">Disclosure of Non-controlling Interests [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsTable" xml:lang="en-US">Disclosure of Non-controlling Interests [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfNoncontrollingInterestsTable" xlink:to="lab_bud_DisclosureOfNoncontrollingInterestsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsTable" xml:lang="en-US">Disclosure of non-controlling interests.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfNoncontrollingInterestsLineItems" xlink:label="loc_bud_DisclosureOfNoncontrollingInterestsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsLineItems" xml:lang="en-US">Disclosure of noncontrolling interests [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsLineItems" xml:lang="en-US">Disclosure of noncontrolling interests [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfNoncontrollingInterestsLineItems" xlink:to="lab_bud_DisclosureOfNoncontrollingInterestsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfNoncontrollingInterestsLineItems" xml:lang="en-US">Disclosure of non-controlling interests.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" xml:lang="en-US">Dividends paid to non-controlling interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" xml:lang="en-US">Dividends paid to non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterests" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xml:lang="en-US">Dividends paid to non-controlling interests, classified as financing activities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xml:lang="en-US">Dividends paid to non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="loc_ifrs-full_ProfitLossAttributableToAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xml:lang="en-US">Profit (loss), attributable to [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToAbstract" xml:lang="en-US">Attributable to:</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToAbstract" xlink:to="lab_ifrs-full_ProfitLossAttributableToAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xml:lang="en-US">Profit (loss), attributable to non-controlling interests</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xml:lang="en-US">Non-controlling interests</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xml:lang="en-US">Increase (decrease) in cash and cash equivalents</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xml:lang="en-US">Net increase/(decrease) in cash and cash equivalents</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" xlink:label="loc_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" xml:lang="en-US">Summarized income statement and comprehensive income information [abstract]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" xml:lang="en-US">Summarized income statement and comprehensive income information</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" xlink:to="lab_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract" xml:lang="en-US">Summarized income statement and comprehensive income information.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xml:lang="en-US">Disclosure of transactions between related parties [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DirectorsMember" xlink:label="loc_bud_DirectorsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DirectorsMember" xml:lang="en-US">Directors [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DirectorsMember" xml:lang="en-US">Directors [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DirectorsMember" xlink:to="lab_bud_DirectorsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DirectorsMember" xml:lang="en-US">Directors.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ExecutiveBoardManagementMember" xlink:label="loc_bud_ExecutiveBoardManagementMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ExecutiveBoardManagementMember" xml:lang="en-US">Executive Board Management [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ExecutiveBoardManagementMember" xml:lang="en-US">Executive Committee [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ExecutiveBoardManagementMember" xlink:to="lab_bud_ExecutiveBoardManagementMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ExecutiveBoardManagementMember" xml:lang="en-US">Executive board of management.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xml:lang="en-US">Key management personnel compensation, short-term employee benefits</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xml:lang="en-US">Short-term employee benefits</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xml:lang="en-US">Key management personnel compensation, share-based payment</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xml:lang="en-US">Share-based payment</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensation" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensation" xml:lang="en-US">Key management personnel compensation</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensation" xml:lang="en-US">Total Compensation</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensation" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensation" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BusinessAcquisition1Axis" xlink:label="loc_bud_BusinessAcquisition1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BusinessAcquisition1Axis" xml:lang="en-US">Business Acquisition1 [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BusinessAcquisition1Axis" xml:lang="en-US">Business Acquisition1 [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BusinessAcquisition1Axis" xlink:to="lab_bud_BusinessAcquisition1Axis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BusinessAcquisition1Axis" xml:lang="en-US">Business acquisition1.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BusinessAcquisitionDomain" xlink:label="loc_bud_BusinessAcquisitionDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BusinessAcquisitionDomain" xml:lang="en-US">Business Acquisition [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BusinessAcquisitionDomain" xml:lang="en-US">Business Acquisition [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BusinessAcquisitionDomain" xlink:to="lab_bud_BusinessAcquisitionDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BusinessAcquisitionDomain" xml:lang="en-US">Business Acquisition [domain]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BavariaSAMember" xlink:label="loc_bud_BavariaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BavariaSAMember" xml:lang="en-US">Bavaria SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BavariaSAMember" xml:lang="en-US">BAVARIA S.A. [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_BavariaSAMember" xml:lang="en-US">Bavaria &amp; Cia S.C.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BavariaSAMember" xlink:to="lab_bud_BavariaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BavariaSAMember" xml:lang="en-US">BAVARIA SA - Carrera 53A 127-35 - Cundinamarca - 111111 Bogota.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnitedStatesDefinedBenefitPlansMember" xlink:label="loc_bud_UnitedStatesDefinedBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnitedStatesDefinedBenefitPlansMember" xml:lang="en-US">United states defined benefit plans [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnitedStatesDefinedBenefitPlansMember" xml:lang="en-US">United States defined benefit plans [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnitedStatesDefinedBenefitPlansMember" xlink:to="lab_bud_UnitedStatesDefinedBenefitPlansMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnitedStatesDefinedBenefitPlansMember" xml:lang="en-US">United states defined benefit plans [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" xlink:label="loc_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" xml:lang="en-US">Outstanding commitments made by entity, related party transactions</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" xml:lang="en-US">Sales with people with significant influence</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" xlink:to="lab_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIncome" xlink:label="loc_ifrs-full_OtherIncome" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherIncome" xml:lang="en-US">Other income</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherIncome" xml:lang="en-US">Other income</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIncome" xlink:to="lab_ifrs-full_OtherIncome" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OtherExpense" xlink:label="loc_bud_OtherExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OtherExpense" xml:lang="en-US">Other Expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OtherExpense" xml:lang="en-US">Other expense</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OtherExpense" xlink:to="lab_bud_OtherExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OtherExpense" xml:lang="en-US">Other expense.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xml:lang="en-US">Products and services [axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xml:lang="en-US">Products and services [axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesDomain" xlink:label="loc_ifrs-full_ProductsAndServicesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xml:lang="en-US">Products and services [domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xml:lang="en-US">Products and services [domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesDomain" xlink:to="lab_ifrs-full_ProductsAndServicesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssociatesMember" xlink:label="loc_ifrs-full_AssociatesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AssociatesMember" xml:lang="en-US">Associates [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AssociatesMember" xml:lang="en-US">Associates [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssociatesMember" xlink:to="lab_ifrs-full_AssociatesMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SupplementalGuarantorInformationAbstract" xlink:label="loc_bud_SupplementalGuarantorInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SupplementalGuarantorInformationAbstract" xml:lang="en-US">Supplemental guarantor information [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SupplementalGuarantorInformationAbstract" xlink:to="lab_bud_SupplementalGuarantorInformationAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SupplementalGuarantorInformationAbstract" xml:lang="en-US">Supplemental guarantor information.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSupplementalGuarantorInformationTable" xlink:label="loc_bud_DisclosureOfSupplementalGuarantorInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationTable" xml:lang="en-US">Disclosure of supplemental guarantor information [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationTable" xml:lang="en-US">Disclosure of supplemental guarantor information [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSupplementalGuarantorInformationTable" xlink:to="lab_bud_DisclosureOfSupplementalGuarantorInformationTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationTable" xml:lang="en-US">Disclosure of supplemental guarantor information [table]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DisclosureOfSupplementalGuarantorInformationLineItems" xlink:label="loc_bud_DisclosureOfSupplementalGuarantorInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationLineItems" xml:lang="en-US">Disclosure of supplemental guarantor information [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationLineItems" xml:lang="en-US">Disclosure of supplemental guarantor information [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DisclosureOfSupplementalGuarantorInformationLineItems" xlink:to="lab_bud_DisclosureOfSupplementalGuarantorInformationLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DisclosureOfSupplementalGuarantorInformationLineItems" xml:lang="en-US">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. Supplemental guarantor information.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="loc_srt_ConsolidatedEntitiesAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ConsolidatedEntitiesAxis" xml:lang="en-US">Consolidated Entities [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ConsolidatedEntitiesAxis" xml:lang="en-US">Consolidated Entities [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidatedEntitiesAxis" xlink:to="lab_srt_ConsolidatedEntitiesAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="loc_srt_ConsolidatedEntitiesDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ConsolidatedEntitiesDomain" xml:lang="en-US">Consolidated Entities [Domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ConsolidatedEntitiesDomain" xml:lang="en-US">Consolidated Entities [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidatedEntitiesDomain" xlink:to="lab_srt_ConsolidatedEntitiesDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ParentCompanyMember" xlink:label="loc_srt_ParentCompanyMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ParentCompanyMember" xml:lang="en-US">Parent Company [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ParentCompanyMember" xml:lang="en-US">Anheuser- Busch InBev SA/NV [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ParentCompanyMember" xlink:to="lab_srt_ParentCompanyMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_srt_ScheduleOfCondensedFinancialStatementsTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ScheduleOfCondensedFinancialStatementsTable" xml:lang="en-US">Condensed Financial Statements [Table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ScheduleOfCondensedFinancialStatementsTable" xml:lang="en-US">Condensed Financial Statements [Table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScheduleOfCondensedFinancialStatementsTable" xlink:to="lab_srt_ScheduleOfCondensedFinancialStatementsTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CondensedFinancialStatementsCaptionsLineItems" xlink:label="loc_srt_CondensedFinancialStatementsCaptionsLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_CondensedFinancialStatementsCaptionsLineItems" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_CondensedFinancialStatementsCaptionsLineItems" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CondensedFinancialStatementsCaptionsLineItems" xlink:to="lab_srt_CondensedFinancialStatementsCaptionsLineItems" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MiscellaneousOtherOperatingIncomeExpense" xlink:label="loc_bud_MiscellaneousOtherOperatingIncomeExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MiscellaneousOtherOperatingIncomeExpense" xml:lang="en-US">Miscellaneous other operating income expense</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_bud_MiscellaneousOtherOperatingIncomeExpense" xml:lang="en-US">Other operating income/(expenses)</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MiscellaneousOtherOperatingIncomeExpense" xlink:to="lab_bud_MiscellaneousOtherOperatingIncomeExpense" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MiscellaneousOtherOperatingIncomeExpense" xml:lang="en-US">Miscellaneous other operating income expense</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProfitLossAttributableToSubsidiaries" xlink:label="loc_bud_ProfitLossAttributableToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProfitLossAttributableToSubsidiaries" xml:lang="en-US">Profit (loss) attributable to subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProfitLossAttributableToSubsidiaries" xml:lang="en-US">Income from subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProfitLossAttributableToSubsidiaries" xlink:to="lab_bud_ProfitLossAttributableToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProfitLossAttributableToSubsidiaries" xml:lang="en-US">Profit (loss) attributable to subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SellingGeneralAndAdministrativeExpenses" xlink:label="loc_bud_SellingGeneralAndAdministrativeExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SellingGeneralAndAdministrativeExpenses" xml:lang="en-US">Selling General and Administrative Expenses</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_bud_SellingGeneralAndAdministrativeExpenses" xml:lang="en-US">Selling, general and administrative expenses</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SellingGeneralAndAdministrativeExpenses" xlink:to="lab_bud_SellingGeneralAndAdministrativeExpenses" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SellingGeneralAndAdministrativeExpenses" xml:lang="en-US">Selling, general and administrative expenses.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInBevWorldwideIncMember" xlink:label="loc_bud_AnheuserBuschInBevWorldwideIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInBevWorldwideIncMember" xml:lang="en-US">Anheuser Busch In Bev Worldwide Inc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInBevWorldwideIncMember" xml:lang="en-US">Anheuser Busch InBev Worldwide Inc. [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xlink:label="lab_bud_AnheuserBuschInBevWorldwideIncMember" xml:lang="en-US">Anheuser-Busch InBev Worldwide Inc.</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInBevWorldwideIncMember" xlink:to="lab_bud_AnheuserBuschInBevWorldwideIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInBevWorldwideIncMember" xml:lang="en-US">Anheuser Busch In Bev Worldwide Inc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInBevFinanceIncMember" xlink:label="loc_bud_AnheuserBuschInBevFinanceIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInBevFinanceIncMember" xml:lang="en-US">Anheuser Busch In Bev Finance Inc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInBevFinanceIncMember" xml:lang="en-US">Anheuser Busch InBev Finance Inc. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInBevFinanceIncMember" xlink:to="lab_bud_AnheuserBuschInBevFinanceIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInBevFinanceIncMember" xml:lang="en-US">Anheuser Busch In Bev Finance Inc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschCompaniesLlcMember" xlink:label="loc_bud_AnheuserBuschCompaniesLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschCompaniesLlcMember" xml:lang="en-US">Anheuser-Busch Companies, Llc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschCompaniesLlcMember" xml:lang="en-US">Anheuser Busch Companies [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AnheuserBuschCompaniesLlcMember" xml:lang="en-US">Anheuser-Busch Companies LLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschCompaniesLlcMember" xlink:to="lab_bud_AnheuserBuschCompaniesLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschCompaniesLlcMember" xml:lang="en-US">Anheuser-Busch Companies.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BrandbrewBrandbevAndCobrewMember" xlink:label="loc_bud_BrandbrewBrandbevAndCobrewMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BrandbrewBrandbevAndCobrewMember" xml:lang="en-US">Brandbrew Brandbev And Cobrew [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BrandbrewBrandbevAndCobrewMember" xml:lang="en-US">Brandbrew, Brandbev and Cobrew [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BrandbrewBrandbevAndCobrewMember" xlink:to="lab_bud_BrandbrewBrandbevAndCobrewMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BrandbrewBrandbevAndCobrewMember" xml:lang="en-US">Brandbrew S.A. ("Brandbrew"), Brandbev S.&#224; r.l. ("Brandbev") and Cobrew NV ("Cobrew")</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidationItemsAxis" xlink:label="loc_srt_ConsolidationItemsAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ConsolidationItemsAxis" xml:lang="en-US">Consolidation Items [Axis]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ConsolidationItemsAxis" xml:lang="en-US">Consolidation Items [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidationItemsAxis" xlink:to="lab_srt_ConsolidationItemsAxis" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidationItemsDomain" xlink:label="loc_srt_ConsolidationItemsDomain" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ConsolidationItemsDomain" xml:lang="en-US">Consolidation Items [Domain]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ConsolidationItemsDomain" xml:lang="en-US">Consolidation Items [Domain]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidationItemsDomain" xlink:to="lab_srt_ConsolidationItemsDomain" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidationEliminationsMember" xlink:label="loc_srt_ConsolidationEliminationsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_srt_ConsolidationEliminationsMember" xml:lang="en-US">Consolidation, Eliminations [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_srt_ConsolidationEliminationsMember" xml:lang="en-US">Eliminations [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidationEliminationsMember" xlink:to="lab_srt_ConsolidationEliminationsMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SubsidiaryAxis" xlink:label="loc_bud_SubsidiaryAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SubsidiaryAxis" xml:lang="en-US">Subsidiary [Axis]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SubsidiaryAxis" xlink:to="lab_bud_SubsidiaryAxis" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SubsidiaryAxis" xml:lang="en-US">Subsidiary.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SubsidiaryMember" xlink:label="loc_bud_SubsidiaryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SubsidiaryMember" xml:lang="en-US">Subsidiary [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SubsidiaryMember" xlink:to="lab_bud_SubsidiaryMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SubsidiaryMember" xml:lang="en-US">Subsidiary.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsolidatedStructuredEntitiesMember" xlink:label="loc_ifrs-full_ConsolidatedStructuredEntitiesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesMember" xml:lang="en-US">Consolidated structured entities [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_ConsolidatedStructuredEntitiesMember" xml:lang="en-US">Consolidated [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConsolidatedStructuredEntitiesMember" xlink:to="lab_ifrs-full_ConsolidatedStructuredEntitiesMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentAssets" xlink:label="loc_ifrs-full_OtherCurrentAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherCurrentAssets" xml:lang="en-US">Other current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherCurrentAssets" xml:lang="en-US">Other current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentAssets" xlink:to="lab_ifrs-full_OtherCurrentAssets" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentReceivablesDueFromSubsidiaries" xlink:label="loc_bud_CurrentReceivablesDueFromSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Current Receivables Due From Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Due from subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentReceivablesDueFromSubsidiaries" xlink:to="lab_bud_CurrentReceivablesDueFromSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Current receivables due from subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="loc_ifrs-full_OtherNoncurrentAssets" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xml:lang="en-US">Other non-current assets</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xml:lang="en-US">Other non-current assets</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentAssets" xlink:to="lab_ifrs-full_OtherNoncurrentAssets" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentReceivablesDueFromSubsidiaries" xlink:label="loc_bud_NonCurrentReceivablesDueFromSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Non current Receivables Due From Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Due from subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentReceivablesDueFromSubsidiaries" xlink:to="lab_bud_NonCurrentReceivablesDueFromSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonCurrentReceivablesDueFromSubsidiaries" xml:lang="en-US">Non current receivables due from subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="loc_ifrs-full_OtherCurrentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xml:lang="en-US">Other current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xml:lang="en-US">Other current liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentLiabilities" xlink:to="lab_ifrs-full_OtherCurrentLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CurrentReceivablesDueToSubsidiaries" xlink:label="loc_bud_CurrentReceivablesDueToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Current Receivables Due To Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Due to subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CurrentReceivablesDueToSubsidiaries" xlink:to="lab_bud_CurrentReceivablesDueToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Current receivables due to subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="loc_ifrs-full_OtherNoncurrentLiabilities" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xml:lang="en-US">Other non-current liabilities</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xml:lang="en-US">Other non-current liabilities</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentLiabilities" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NonCurrentReceivablesDueToSubsidiaries" xlink:label="loc_bud_NonCurrentReceivablesDueToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NonCurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Non Current Receivables Due To Subsidiaries</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NonCurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Due to subsidiaries</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NonCurrentReceivablesDueToSubsidiaries" xlink:to="lab_bud_NonCurrentReceivablesDueToSubsidiaries" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NonCurrentReceivablesDueToSubsidiaries" xml:lang="en-US">Non current receivables due to subsidiaries.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorBusinessCombinationMember" xlink:label="loc_ifrs-full_MajorBusinessCombinationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xml:lang="en-US">Major business combination [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xml:lang="en-US">Major business combination [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorBusinessCombinationMember" xlink:to="lab_ifrs-full_MajorBusinessCombinationMember" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentPropertyAbstract" xlink:label="loc_ifrs-full_InvestmentPropertyAbstract" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_InvestmentPropertyAbstract" xml:lang="en-US">Investment property [abstract]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyAbstract" xlink:to="lab_ifrs-full_InvestmentPropertyAbstract" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" xml:lang="en-US">Disclosure of information about consolidated structured entities [table]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" xml:lang="en-US">Disclosure of information about consolidated structured entities [table]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesTable" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" xlink:label="loc_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" xml:lang="en-US">CERVECERIA Y MALTERIA QUILMES SAICA y G [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" xml:lang="en-US">Cerveceria y Malteria Quilmes Saica Y G [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" xlink:to="lab_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember" xml:lang="en-US">CERVECERIA Y MALTERIA QUILMES SAICA y G - Charcas 5160 - C1425BOF - Buenos Aires.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BRASSERIEDELABBAYEDELEFFESAMember" xlink:label="loc_bud_BRASSERIEDELABBAYEDELEFFESAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BRASSERIEDELABBAYEDELEFFESAMember" xml:lang="en-US">BRASSERIE DE LABBAYE DE LEFFE SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BRASSERIEDELABBAYEDELEFFESAMember" xml:lang="en-US">Brasserie de l'Abbaye de Leffe S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BRASSERIEDELABBAYEDELEFFESAMember" xlink:to="lab_bud_BRASSERIEDELABBAYEDELEFFESAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BRASSERIEDELABBAYEDELEFFESAMember" xml:lang="en-US">BRASSERIE DE L'ABBAYE DE LEFFE S.A. - Place de l'Abbaye 1 - 5500 - Dinant.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_COBREWNVBrouwerijpleinMember" xlink:label="loc_bud_COBREWNVBrouwerijpleinMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_COBREWNVBrouwerijpleinMember" xml:lang="en-US">COBREW N.V. Brouwerijplein [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_COBREWNVBrouwerijpleinMember" xml:lang="en-US">Cobrew N.V [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_COBREWNVBrouwerijpleinMember" xlink:to="lab_bud_COBREWNVBrouwerijpleinMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_COBREWNVBrouwerijpleinMember" xml:lang="en-US">COBREW N.V. - Brouwerijplein 1 - 3000 - Leuven.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_INBEVBELGIUMSPRLMember" xlink:label="loc_bud_INBEVBELGIUMSPRLMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_INBEVBELGIUMSPRLMember" xml:lang="en-US">INBEV BELGIUM SPRL [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_INBEVBELGIUMSPRLMember" xml:lang="en-US">InBev Belgium BV/SRL [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_INBEVBELGIUMSPRLMember" xlink:to="lab_bud_INBEVBELGIUMSPRLMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_INBEVBELGIUMSPRLMember" xml:lang="en-US">INBEV BELGIUM S.P.R.L. - Industrielaan 21 - 1070 - Brussel.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_KGALAGADIBREWERIESPTYLTDMember" xlink:label="loc_bud_KGALAGADIBREWERIESPTYLTDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_KGALAGADIBREWERIESPTYLTDMember" xml:lang="en-US">KGALAGADI BREWERIES (PTY) LTD [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_KGALAGADIBREWERIESPTYLTDMember" xml:lang="en-US">Kgalagadi Breweries (Pty) Ltd [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_KGALAGADIBREWERIESPTYLTDMember" xlink:to="lab_bud_KGALAGADIBREWERIESPTYLTDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_KGALAGADIBREWERIESPTYLTDMember" xml:lang="en-US">Kgalagadi Breweries (Pty) Ltd - Plot 20768, Broadhurst industrial estate - Gaborone2</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CERVECERIABOLIVIANANACIONALSAMember" xlink:label="loc_bud_CERVECERIABOLIVIANANACIONALSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CERVECERIABOLIVIANANACIONALSAMember" xml:lang="en-US">CERVECERIA BOLIVIANA NACIONAL S.A [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CERVECERIABOLIVIANANACIONALSAMember" xml:lang="en-US">Cervecer&#237;a Boliviana Nacional S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CERVECERIABOLIVIANANACIONALSAMember" xlink:to="lab_bud_CERVECERIABOLIVIANANACIONALSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CERVECERIABOLIVIANANACIONALSAMember" xml:lang="en-US">CERVECERIA BOLIVIANA NACIONAL S.A. - Av. Montes 400 and Chuquisaca No. 121, Zona Challapampa - La Paz.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LABATTBREWINGCOMPANYLIMITEDMember" xlink:label="loc_bud_LABATTBREWINGCOMPANYLIMITEDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LABATTBREWINGCOMPANYLIMITEDMember" xml:lang="en-US">LABATT BREWING COMPANY LIMITED [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LABATTBREWINGCOMPANYLIMITEDMember" xml:lang="en-US">Labatt Brewing Company Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LABATTBREWINGCOMPANYLIMITEDMember" xlink:to="lab_bud_LABATTBREWINGCOMPANYLIMITEDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LABATTBREWINGCOMPANYLIMITEDMember" xml:lang="en-US">LABATT BREWING COMPANY LIMITED - 207 Queen's Quay West, Suite 299 - M5J 1A7 - Toronto.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CERVECERIACHILESAMember" xlink:label="loc_bud_CERVECERIACHILESAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CERVECERIACHILESAMember" xml:lang="en-US">CERVECERIA CHILE S.A. [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CERVECERIACHILESAMember" xml:lang="en-US">Cerveceria Chile S.A [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CERVECERIACHILESAMember" xlink:to="lab_bud_CERVECERIACHILESAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CERVECERIACHILESAMember" xml:lang="en-US">CERVECERIA CHILE S.A. - Av. Presidente Eduardo Frei Montalva 9600 - 8700000 - Quilicura.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevChinaSalesCoLtdMember" xlink:label="loc_bud_AnheuserBuschInbevChinaSalesCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevChinaSalesCoLtdMember" xml:lang="en-US">Anheuser-Busch Inbev (China) Sales Co Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevChinaSalesCoLtdMember" xml:lang="en-US">Anheuser-Busch Inbev (China) Sales Company Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevChinaSalesCoLtdMember" xlink:to="lab_bud_AnheuserBuschInbevChinaSalesCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevChinaSalesCoLtdMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV (CHINA) SALES CO LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" xlink:label="loc_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch Inbev (Wuhan) Brewery Co Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" xlink:to="lab_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevWuhanBreweryCoLtdMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV (WUHAN) BREWERY CO. LTD. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" xlink:label="loc_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch Inbev Sedrin Brewery Co Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch InBev Sedrin Brewery Co., Ltd [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" xlink:to="lab_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevSedrinBreweryCoLtdMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV SEDRIN BREWERY CO. LTD. - 660 Gong Ye Road, Hanjiang District - 351111 - Putian City, Fujian Province.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" xlink:label="loc_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch Inbev (Suqian) Brewery Co Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" xml:lang="en-US">Anheuser-Busch InBev Southeast Sales Co., Ltd [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" xlink:to="lab_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevSuqianBreweryCoLtdMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV (SUQIAN) BREWERY CO. LTD. - No 1 Qujiang Road, Suyu Industry Park - Suqian City, Jiangsu Province.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_PivovarSamsonaASMember" xlink:label="loc_bud_PivovarSamsonaASMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_PivovarSamsonaASMember" xml:lang="en-US">Pivovar Samson AS [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_PivovarSamsonaASMember" xml:lang="en-US">Pivovar Samson s.r.o. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_PivovarSamsonaASMember" xlink:to="lab_bud_PivovarSamsonaASMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_PivovarSamsonaASMember" xml:lang="en-US">PIVOVAR SAMSON A.S. - V parku 2326/18, Chodov, 148 00 Praha 4.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaNacionalCNSaMember" xlink:label="loc_bud_CerveceriaNacionalCNSaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaNacionalCNSaMember" xml:lang="en-US">Cerveceria Nacional (CN) SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaNacionalCNSaMember" xml:lang="en-US">Cervecer&#237;a Nacional S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaNacionalCNSaMember" xlink:to="lab_bud_CerveceriaNacionalCNSaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaNacionalCNSaMember" xml:lang="en-US">CERVECERIA NACIONAL (CN) SA - Via a daule km 16,5 y calle cobre s/n - Guayaquil, Guayas.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevFranceSASMember" xlink:label="loc_bud_AbInbevFranceSASMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevFranceSASMember" xml:lang="en-US">Ab inbev France SAS [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevFranceSASMember" xml:lang="en-US">AB InBev France S.A.S. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevFranceSASMember" xlink:to="lab_bud_AbInbevFranceSASMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevFranceSASMember" xml:lang="en-US">AB INBEV FRANCE S.A.S. - Immeuble Crystal, 38, Place Vauban - C.P. 59110 - La Madeleine.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevGermanyHoldingGmbHMember" xlink:label="loc_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" xml:lang="en-US">Anheuser-Busch Inbev Germany Holding GmbH [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV GERMANY HOLDING GmbH [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" xlink:to="lab_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevGermanyHoldingGmbHMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV GERMANY HOLDING GmbH - Am Deich 18/19 - 28199 - Bremen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" xlink:label="loc_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" xml:lang="en-US">Anheuser-Busch Inbev Deutschland GmbH and Co Kg [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" xml:lang="en-US">Anheuser-Busch InBev Deutschland GmbH&#160;&amp; Co. KG</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" xlink:to="lab_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember" xml:lang="en-US">ANHEUSER-BUSCH INBEV Deutschland GmbH &amp; Co KG - Am Deich 18/19 - 28199 - Bremen.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AccraBreweryLtdMember" xlink:label="loc_bud_AccraBreweryLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AccraBreweryLtdMember" xml:lang="en-US">Accra Brewery Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AccraBreweryLtdMember" xml:lang="en-US">Accra Brewery PLC</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AccraBreweryLtdMember" xlink:to="lab_bud_AccraBreweryLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AccraBreweryLtdMember" xml:lang="en-US">ACCRA BREWERY LTD - Farra Avenue 20 1st Floor, Pkf Building, P.O. Box Gp1219 - Accra.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BrasserieDeLuxembourgMouselDiekirchMember" xlink:label="loc_bud_BrasserieDeLuxembourgMouselDiekirchMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BrasserieDeLuxembourgMouselDiekirchMember" xml:lang="en-US">Brasserie De Luxembourg Mousel &#8211; Diekirch [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BrasserieDeLuxembourgMouselDiekirchMember" xml:lang="en-US">Brasserie de Luxembourg Mousel-Diekirch S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BrasserieDeLuxembourgMouselDiekirchMember" xlink:to="lab_bud_BrasserieDeLuxembourgMouselDiekirchMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BrasserieDeLuxembourgMouselDiekirchMember" xml:lang="en-US">BRASSERIE DE LUXEMBOURG MOUSEL - DIEKIRCH - 1, Rue de la Brasserie - L-9214- Diekirch.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaHondurenaSADECVMember" xlink:label="loc_bud_CerveceriaHondurenaSADECVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaHondurenaSADECVMember" xml:lang="en-US">Cerveceria Hondurena SA DE CV [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaHondurenaSADECVMember" xml:lang="en-US">Cervecer&#237;a Hondure&#241;a S.A. de C.V.</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaHondurenaSADECVMember" xlink:to="lab_bud_CerveceriaHondurenaSADECVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaHondurenaSADECVMember" xml:lang="en-US">CERVECERIA HONDURENA, SA DE CV - Blvd. Del Norte, Carretera Salida a Puerto Cortes - San Pedro Sula, Cortes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CrownBeersIndiaLimitedMember" xlink:label="loc_bud_CrownBeersIndiaLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CrownBeersIndiaLimitedMember" xml:lang="en-US">Crown beers india limited [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CrownBeersIndiaLimitedMember" xml:lang="en-US">Crown Beers India Private Limited</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CrownBeersIndiaLimitedMember" xlink:to="lab_bud_CrownBeersIndiaLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CrownBeersIndiaLimitedMember" xml:lang="en-US">CROWN BEERS INDIA LIMITED - #8-2-684/A, Road No. 12 - Banjara Hills, Hyderabad 500034 - Andhra Pradesh.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevItaliaSPAMember" xlink:label="loc_bud_AnheuserBuschInbevItaliaSPAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevItaliaSPAMember" xml:lang="en-US">Anheuser-Busch Inbev Italia spa [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevItaliaSPAMember" xml:lang="en-US">Anheuser-Busch InBev Italia [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevItaliaSPAMember" xlink:to="lab_bud_AnheuserBuschInbevItaliaSPAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevItaliaSPAMember" xml:lang="en-US">Anheuser-Busch Inbev Italia SpA - Piazza Buffoni 3, 21013 Gallarate.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" xlink:label="loc_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" xml:lang="en-US">CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" xml:lang="en-US">Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V.</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" xlink:to="lab_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaModeloDeMexicoDeSDERLDECVMember" xml:lang="en-US">CERVECERIA MODELO DE MEXICO S. DE R.L. DE C.V.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CervejasDEMocambiqueSAMember" xlink:label="loc_bud_CervejasDEMocambiqueSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CervejasDEMocambiqueSAMember" xml:lang="en-US">Cervejas DE Mocambique SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CervejasDEMocambiqueSAMember" xml:lang="en-US">CERVEJAS DE MOCAMBIQUE SA [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CervejasDEMocambiqueSAMember" xlink:to="lab_bud_CervejasDEMocambiqueSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CervejasDEMocambiqueSAMember" xml:lang="en-US">CERVEJAS DE MOCAMBIQUE SA - Rua do Jardim 1329 - Maputo2.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InbevNederlandNVMember" xlink:label="loc_bud_InbevNederlandNVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InbevNederlandNVMember" xml:lang="en-US">Inbev Nederland NV [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InbevNederlandNVMember" xml:lang="en-US">INBEV NEDERLAND N.V. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InbevNederlandNVMember" xlink:to="lab_bud_InbevNederlandNVMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InbevNederlandNVMember" xml:lang="en-US">INBEV NEDERLAND N.V. - Ceresstraat 1 - 4811 CA - Breda.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevAfricaBvMember" xlink:label="loc_bud_AbInbevAfricaBvMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevAfricaBvMember" xml:lang="en-US">AB InBev Africa BV [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevAfricaBvMember" xml:lang="en-US">AB InBev Africa B.V. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevAfricaBvMember" xlink:to="lab_bud_AbInbevAfricaBvMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevAfricaBvMember" xml:lang="en-US">AB InBev Africa B.V.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InternationalBreweriesPlcMember" xlink:label="loc_bud_InternationalBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InternationalBreweriesPlcMember" xml:lang="en-US">International Breweries Plc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_InternationalBreweriesPlcMember" xml:lang="en-US">INTERNATIONAL BREWERIES PLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InternationalBreweriesPlcMember" xlink:to="lab_bud_InternationalBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InternationalBreweriesPlcMember" xml:lang="en-US">INTERNATIONAL BREWERIES PLC - Lawrence Omole Way, Omi Osoro Road, Imo Ilesha, Osun State2.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaNacionalHoldingSAMember" xlink:label="loc_bud_CerveceriaNacionalHoldingSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaNacionalHoldingSAMember" xml:lang="en-US">Cerveceria Nacional Holding SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaNacionalHoldingSAMember" xml:lang="en-US">Cerveceria Nacional S. de R.L. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaNacionalHoldingSAMember" xlink:to="lab_bud_CerveceriaNacionalHoldingSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaNacionalHoldingSAMember" xml:lang="en-US">Cerveceria Nacional Holding SA [Member].</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaParaguayaSAMember" xlink:label="loc_bud_CerveceriaParaguayaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaParaguayaSAMember" xml:lang="en-US">Cerveceria Paraguaya SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaParaguayaSAMember" xml:lang="en-US">CERVECERIA PARAGUAYA S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaParaguayaSAMember" xlink:to="lab_bud_CerveceriaParaguayaSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaParaguayaSAMember" xml:lang="en-US">Cerveceria Paraguaya S.A.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CompaniaCerveceraAmbevPeruSACMember" xlink:label="loc_bud_CompaniaCerveceraAmbevPeruSACMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CompaniaCerveceraAmbevPeruSACMember" xml:lang="en-US">Compania Cervecera Ambev Peru SAC [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CompaniaCerveceraAmbevPeruSACMember" xml:lang="en-US">COMPANIA CERVECERA AMBEV PERU S.A.C. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CompaniaCerveceraAmbevPeruSACMember" xlink:to="lab_bud_CompaniaCerveceraAmbevPeruSACMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CompaniaCerveceraAmbevPeruSACMember" xml:lang="en-US">Compania Cervecera Ambev Peru S.A.C.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" xlink:label="loc_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" xml:lang="en-US">Union De Cervecerias Peruanas Backus Y Johnston S A A [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" xml:lang="en-US">Uni&#243;n de Cervecer&#237;as Peruanas Backus y Johnston S.A.A.</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" xlink:to="lab_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember" xml:lang="en-US">Union de cervecerias peruanas backus y johnston s a a.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SabsaHoldingsLtdMember" xlink:label="loc_bud_SabsaHoldingsLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SabsaHoldingsLtdMember" xml:lang="en-US">Sabsa Holdings Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SabsaHoldingsLtdMember" xml:lang="en-US">SABSA Holdings (Pty) Ltd [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SabsaHoldingsLtdMember" xlink:to="lab_bud_SabsaHoldingsLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SabsaHoldingsLtdMember" xml:lang="en-US">Sabsa Holdings Ltd.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_TheSouthAfricanBreweriesPtyLtdMember" xlink:label="loc_bud_TheSouthAfricanBreweriesPtyLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_TheSouthAfricanBreweriesPtyLtdMember" xml:lang="en-US">The South African Breweries (Pty) Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_TheSouthAfricanBreweriesPtyLtdMember" xml:lang="en-US">THE SOUTH AFRICAN BREWERIES (PTY) LTD [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_TheSouthAfricanBreweriesPtyLtdMember" xlink:to="lab_bud_TheSouthAfricanBreweriesPtyLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_TheSouthAfricanBreweriesPtyLtdMember" xml:lang="en-US">The South African Breweries (Pty) Ltd.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_OrientalBreweryCoLtdMember" xlink:label="loc_bud_OrientalBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_OrientalBreweryCoLtdMember" xml:lang="en-US">Oriental Brewery Co, Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_OrientalBreweryCoLtdMember" xml:lang="en-US">Oriental Brewery Co Ltd</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_OrientalBreweryCoLtdMember" xlink:to="lab_bud_OrientalBreweryCoLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_OrientalBreweryCoLtdMember" xml:lang="en-US">Oriental Brewery Co., Ltd.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_NileBreweriesLtdMember" xlink:label="loc_bud_NileBreweriesLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_NileBreweriesLtdMember" xml:lang="en-US">Nile Breweries Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_NileBreweriesLtdMember" xml:lang="en-US">NILE BREWERIES LTD [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_NileBreweriesLtdMember" xlink:to="lab_bud_NileBreweriesLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_NileBreweriesLtdMember" xml:lang="en-US">Nile Breweries Ltd.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbiSabGroupHoldingLimitedMember" xlink:label="loc_bud_AbiSabGroupHoldingLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbiSabGroupHoldingLimitedMember" xml:lang="en-US">ABI SAB GROUP HOLDING LIMITED [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbiSabGroupHoldingLimitedMember" xml:lang="en-US">ABI SAB GROUP HOLDING LIMITED [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbiSabGroupHoldingLimitedMember" xlink:to="lab_bud_AbiSabGroupHoldingLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbiSabGroupHoldingLimitedMember" xml:lang="en-US">ABI SAB GROUP HOLDING LIMITED [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbiUkHoldings1LimitedMember" xlink:label="loc_bud_AbiUkHoldings1LimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbiUkHoldings1LimitedMember" xml:lang="en-US">ABI UK HOLDINGS 1 LIMITED [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbiUkHoldings1LimitedMember" xml:lang="en-US">ABI UK Holding 1 Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbiUkHoldings1LimitedMember" xlink:to="lab_bud_AbiUkHoldings1LimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbiUkHoldings1LimitedMember" xml:lang="en-US">ABI UK HOLDINGS 1 LIMITED [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevUKLtdMember" xlink:label="loc_bud_AbInbevUKLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevUKLtdMember" xml:lang="en-US">Ab Inbev UK Ltd [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevUKLtdMember" xml:lang="en-US">AB InBev UK Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevUKLtdMember" xlink:to="lab_bud_AbInbevUKLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevUKLtdMember" xml:lang="en-US">Ab Inbev UK Ltd.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevHoldingsLimitedMember" xlink:label="loc_bud_AbInbevHoldingsLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevHoldingsLimitedMember" xml:lang="en-US">AB Inbev Holdings Limited [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevHoldingsLimitedMember" xml:lang="en-US">AB Inbev Holdings Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevHoldingsLimitedMember" xlink:to="lab_bud_AbInbevHoldingsLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevHoldingsLimitedMember" xml:lang="en-US">AB InBev Holdings Limited.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbInbevInternationalBrandsLimitedMember" xlink:label="loc_bud_AbInbevInternationalBrandsLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbInbevInternationalBrandsLimitedMember" xml:lang="en-US">AB InBev International Brands Limited [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbInbevInternationalBrandsLimitedMember" xml:lang="en-US">AB Inbev International Brands Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbInbevInternationalBrandsLimitedMember" xlink:to="lab_bud_AbInbevInternationalBrandsLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbInbevInternationalBrandsLimitedMember" xml:lang="en-US">AB InBev International Brands Limited.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInternationalIncMember" xlink:label="loc_bud_AnheuserBuschInternationalIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInternationalIncMember" xml:lang="en-US">Anheuser-Busch International, Inc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInternationalIncMember" xml:lang="en-US">Anheuser-Busch International LLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInternationalIncMember" xlink:to="lab_bud_AnheuserBuschInternationalIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInternationalIncMember" xml:lang="en-US">Anheuser-Busch International, Inc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschLlcMember" xlink:label="loc_bud_AnheuserBuschLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschLlcMember" xml:lang="en-US">Anheuser-Busch, Llc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschLlcMember" xml:lang="en-US">Anheuser-Busch LLC</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschLlcMember" xlink:to="lab_bud_AnheuserBuschLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschLlcMember" xml:lang="en-US">Anheuser-Busch, Llc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_MetalContainerCorporationIncMember" xlink:label="loc_bud_MetalContainerCorporationIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_MetalContainerCorporationIncMember" xml:lang="en-US">Metal Container Corporation, Inc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_MetalContainerCorporationIncMember" xml:lang="en-US">MCC Holding Company LLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_MetalContainerCorporationIncMember" xlink:to="lab_bud_MetalContainerCorporationIncMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_MetalContainerCorporationIncMember" xml:lang="en-US">Metal Container Corporation, Inc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschNorthAmericanHoldingCorporationMember" xlink:label="loc_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" xml:lang="en-US">Anheuser-Busch North American Holding Corporation [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" xml:lang="en-US">Anheuser-Busch North American Holding LLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" xlink:to="lab_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschNorthAmericanHoldingCorporationMember" xml:lang="en-US">Anheuser-Busch North American Holding Corporation.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_CerveceriaYMalteriaPaysanduSAMember" xlink:label="loc_bud_CerveceriaYMalteriaPaysanduSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_CerveceriaYMalteriaPaysanduSAMember" xml:lang="en-US">Cerveceria Y Malteria Paysandu SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_CerveceriaYMalteriaPaysanduSAMember" xml:lang="en-US">CERVECERIA Y MALTERIA PAYSANDU S.A. [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_CerveceriaYMalteriaPaysanduSAMember" xlink:to="lab_bud_CerveceriaYMalteriaPaysanduSAMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_CerveceriaYMalteriaPaysanduSAMember" xml:lang="en-US">Cerveceria Y Malteria Paysandu S.A.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" xlink:label="loc_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" xml:lang="en-US">Anheuser-Busch Inbev Vietnam Brewery Company Limited [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" xml:lang="en-US">Anheuser-Busch InBev Vietnam Brewery Co., Ltd [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" xlink:to="lab_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember" xml:lang="en-US">Anheuser-Busch Inbev Vietnam Brewery Company Limited.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ZambianBreweriesPlcMember" xlink:label="loc_bud_ZambianBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ZambianBreweriesPlcMember" xml:lang="en-US">Zambian Breweries Plc [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ZambianBreweriesPlcMember" xml:lang="en-US">ZAMBIAN BREWERIES PLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ZambianBreweriesPlcMember" xlink:to="lab_bud_ZambianBreweriesPlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ZambianBreweriesPlcMember" xml:lang="en-US">Zambian Breweries Plc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BUDWEISERBREWINGCOAPACTLTDMember" xlink:label="loc_bud_BUDWEISERBREWINGCOAPACTLTDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BUDWEISERBREWINGCOAPACTLTDMember" xml:lang="en-US">BUDWEISER BREWING CO APACT LTD [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BUDWEISERBREWINGCOAPACTLTDMember" xml:lang="en-US">Budweiser Brewing Company APAC Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BUDWEISERBREWINGCOAPACTLTDMember" xlink:to="lab_bud_BUDWEISERBREWINGCOAPACTLTDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BUDWEISERBREWINGCOAPACTLTDMember" xml:lang="en-US">BUDWEISER BREWING CO APACT LTD.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" xlink:label="loc_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" xml:lang="en-US">ANHEUSER BUSCH INBEV INDIA LIMITED [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" xml:lang="en-US">ANHEUSER BUSCH INBEV INDIA LIMITED [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" xlink:to="lab_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember" xml:lang="en-US">ANHEUSER BUSCH INBEV INDIA LIMITED.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" xlink:label="loc_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" xml:lang="en-US">ANHEUSERBUSCH INBEV INTERNATION GMBH GESELLSCHAFT MIT BESCHRNKTER HAFTUNG GMBH [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" xml:lang="en-US">Anheuser-Busch InBev International GmbH [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" xlink:to="lab_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember" xml:lang="en-US">ANHEUSERBUSCH INBEV INTERNATIONAL GMBH GESELLSCHAFT MIT BESCHRNKTER HAFTUNG GMBH.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BlueGirlBeerGuangzhouCompanyLimitedMember" xlink:label="loc_bud_BlueGirlBeerGuangzhouCompanyLimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BlueGirlBeerGuangzhouCompanyLimitedMember" xml:lang="en-US">Blue Girl Beer (Guangzhou) Co. Ltd [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BlueGirlBeerGuangzhouCompanyLimitedMember" xlink:to="lab_bud_BlueGirlBeerGuangzhouCompanyLimitedMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_COMPANIACERVECERADECANARIASS.AMember" xlink:label="loc_bud_COMPANIACERVECERADECANARIASS.AMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_COMPANIACERVECERADECANARIASS.AMember" xml:lang="en-US">COMPANIA CERVECERA DE CANARIAS SA [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_COMPANIACERVECERADECANARIASS.AMember" xml:lang="en-US">Compa&#241;&#237;a Cervecera de Canarias S.A.</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_COMPANIACERVECERADECANARIASS.AMember" xlink:to="lab_bud_COMPANIACERVECERADECANARIASS.AMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_COMPANIACERVECERADECANARIASS.AMember" xml:lang="en-US">COMPANIA CERVECERA DE CANARIAS, S.A</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbinbevSaNvMember" xlink:label="loc_bud_AbinbevSaNvMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbinbevSaNvMember" xml:lang="en-US">ABINBEV SA NV [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AbinbevSaNvMember" xml:lang="en-US">Anheuser-Busch InBev NV/SA</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbinbevSaNvMember" xlink:to="lab_bud_AbinbevSaNvMember" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_InterbrewInternationalGmbhMember" xlink:label="loc_bud_InterbrewInternationalGmbhMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_InterbrewInternationalGmbhMember" xml:lang="en-US">Interbrew International GmbH [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_InterbrewInternationalGmbhMember" xml:lang="en-US">Interbrew International GmbH [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_InterbrewInternationalGmbhMember" xlink:to="lab_bud_InterbrewInternationalGmbhMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_InterbrewInternationalGmbhMember" xml:lang="en-US">Interbrew International GmbH.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AbiUkHoldings2LimitedMember" xlink:label="loc_bud_AbiUkHoldings2LimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AbiUkHoldings2LimitedMember" xml:lang="en-US">ABI UK Holding 2 Limited</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AbiUkHoldings2LimitedMember" xlink:to="lab_bud_AbiUkHoldings2LimitedMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AbiUkHoldings2LimitedMember" xml:lang="en-US">ABI UK HOLDINGS 2 LIMITED [member]</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschAmericaInvestmentsLlcMember" xlink:label="loc_bud_AnheuserBuschAmericaInvestmentsLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschAmericaInvestmentsLlcMember" xml:lang="en-US">Anheuser Busch America Investments LLC [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschAmericaInvestmentsLlcMember" xml:lang="en-US">Anheuser-Busch America Investments LLC [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschAmericaInvestmentsLlcMember" xlink:to="lab_bud_AnheuserBuschAmericaInvestmentsLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschAmericaInvestmentsLlcMember" xml:lang="en-US">Anheuser busch america investments llc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ABMAZHoldingsLLCMember" xlink:label="loc_bud_ABMAZHoldingsLLCMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ABMAZHoldingsLLCMember" xml:lang="en-US">AB MAZ Holdings LLC [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ABMAZHoldingsLLCMember" xml:lang="en-US">AB MAZ Holdings LLC [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ABMAZHoldingsLLCMember" xlink:to="lab_bud_ABMAZHoldingsLLCMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ABMAZHoldingsLLCMember" xml:lang="en-US">ab maz holdings llc.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BEESGlobalAGMember" xlink:label="loc_bud_BEESGlobalAGMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BEESGlobalAGMember" xml:lang="en-US">BEES Global AG [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BEESGlobalAGMember" xml:lang="en-US">BEES Global AG [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BEESGlobalAGMember" xlink:to="lab_bud_BEESGlobalAGMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BEESGlobalAGMember" xml:lang="en-US">Bees global ag.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_LaConstanciaLtdaDeC.v.Member" xlink:label="loc_bud_LaConstanciaLtdaDeC.v.Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_LaConstanciaLtdaDeC.v.Member" xml:lang="en-US">La Constancia Ltda de C.V. [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_LaConstanciaLtdaDeC.v.Member" xml:lang="en-US">La Constancia Ltda de C.V. [Member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_LaConstanciaLtdaDeC.v.Member" xlink:to="lab_bud_LaConstanciaLtdaDeC.v.Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_LaConstanciaLtdaDeC.v.Member" xml:lang="en-US">La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503) 2209-7555 - San Salvador.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnheuserBuschAmericanHoldingsLlcMember" xlink:label="loc_bud_AnheuserBuschAmericanHoldingsLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnheuserBuschAmericanHoldingsLlcMember" xml:lang="en-US">Anheuser busch american holdings llc [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnheuserBuschAmericanHoldingsLlcMember" xml:lang="en-US">Anheuser-Busch Americas Holdings LLC [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnheuserBuschAmericanHoldingsLlcMember" xlink:to="lab_bud_AnheuserBuschAmericanHoldingsLlcMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnheuserBuschAmericanHoldingsLlcMember" xml:lang="en-US">Anheuser busch american holdings llc.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" xml:lang="en-US">Disclosure of information about consolidated structured entities [line items]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" xml:lang="en-US">Disclosure of information about consolidated structured entities [line items]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:label="loc_ifrs-full_AddressOfRegisteredOfficeOfEntity" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ifrs-full_AddressOfRegisteredOfficeOfEntity" xml:lang="en-US">Address of entity's registered office</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ifrs-full_AddressOfRegisteredOfficeOfEntity" xml:lang="en-US">Address of entity's registered office</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:to="lab_ifrs-full_AddressOfRegisteredOfficeOfEntity" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_DO" xlink:label="loc_country_DO" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_DO" xml:lang="en-US">DOMINICAN REPUBLIC</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_DO" xml:lang="en-US">Dominican Republic [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DO" xlink:to="lab_country_DO" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BW" xlink:label="loc_country_BW" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_BW" xml:lang="en-US">BOTSWANA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_BW" xml:lang="en-US">Botswana [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BW" xlink:to="lab_country_BW" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BO" xlink:label="loc_country_BO" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_BO" xml:lang="en-US">BOLIVIA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_BO" xml:lang="en-US">Bolivia [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BO" xlink:to="lab_country_BO" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CL" xlink:label="loc_country_CL" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CL" xml:lang="en-US">CHILE</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CL" xml:lang="en-US">Chile [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CL" xlink:to="lab_country_CL" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CZ" xlink:label="loc_country_CZ" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CZ" xml:lang="en-US">CZECH REPUBLIC</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CZ" xml:lang="en-US">Czech Republic [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CZ" xlink:to="lab_country_CZ" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_EC" xlink:label="loc_country_EC" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_EC" xml:lang="en-US">ECUADOR</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_EC" xml:lang="en-US">Ecuador [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_EC" xlink:to="lab_country_EC" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_SV" xlink:label="loc_country_SV" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_SV" xml:lang="en-US">EL SALVADOR</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_SV" xml:lang="en-US">El Salvador [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_SV" xlink:to="lab_country_SV" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_FR" xlink:label="loc_country_FR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_FR" xml:lang="en-US">FRANCE</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_FR" xml:lang="en-US">France [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FR" xlink:to="lab_country_FR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_DE" xlink:label="loc_country_DE" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_DE" xml:lang="en-US">GERMANY</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_DE" xml:lang="en-US">Germany [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE" xlink:to="lab_country_DE" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_GH" xlink:label="loc_country_GH" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_GH" xml:lang="en-US">GHANA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_GH" xml:lang="en-US">Ghana [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GH" xlink:to="lab_country_GH" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_LU" xlink:label="loc_country_LU" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_LU" xml:lang="en-US">LUXEMBOURG</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_LU" xml:lang="en-US">Luxembourg [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_LU" xlink:to="lab_country_LU" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_HN" xlink:label="loc_country_HN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_HN" xml:lang="en-US">HONDURAS</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_HN" xml:lang="en-US">Honduras [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_HN" xlink:to="lab_country_HN" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IN" xlink:label="loc_country_IN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_IN" xml:lang="en-US">INDIA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_IN" xml:lang="en-US">India [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IN" xlink:to="lab_country_IN" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IT" xlink:label="loc_country_IT" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_IT" xml:lang="en-US">ITALY</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_IT" xml:lang="en-US">Italy [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IT" xlink:to="lab_country_IT" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_MZ" xlink:label="loc_country_MZ" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_MZ" xml:lang="en-US">MOZAMBIQUE</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_MZ" xml:lang="en-US">Mozambique [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_MZ" xlink:to="lab_country_MZ" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NL" xlink:label="loc_country_NL" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_NL" xml:lang="en-US">NETHERLANDS</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_NL" xml:lang="en-US">Netherlands [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL" xlink:to="lab_country_NL" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NG" xlink:label="loc_country_NG" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_NG" xml:lang="en-US">NIGERIA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_NG" xml:lang="en-US">Nigeria [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NG" xlink:to="lab_country_NG" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PA" xlink:label="loc_country_PA" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_PA" xml:lang="en-US">PANAMA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_PA" xml:lang="en-US">Panama [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PA" xlink:to="lab_country_PA" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PY" xlink:label="loc_country_PY" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_PY" xml:lang="en-US">PARAGUAY</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_PY" xml:lang="en-US">Paraguay [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PY" xlink:to="lab_country_PY" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PE" xlink:label="loc_country_PE" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_PE" xml:lang="en-US">PERU</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_PE" xml:lang="en-US">Peru [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PE" xlink:to="lab_country_PE" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CH" xlink:label="loc_country_CH" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_CH" xml:lang="en-US">SWITZERLAND</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_CH" xml:lang="en-US">Switzerland [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CH" xlink:to="lab_country_CH" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_UG" xlink:label="loc_country_UG" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_UG" xml:lang="en-US">UGANDA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_UG" xml:lang="en-US">Uganda [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_UG" xlink:to="lab_country_UG" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_UY" xlink:label="loc_country_UY" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_UY" xml:lang="en-US">URUGUAY</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_UY" xml:lang="en-US">Uruguay [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_UY" xlink:to="lab_country_UY" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_VN" xlink:label="loc_country_VN" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_VN" xml:lang="en-US">VIET NAM</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_VN" xml:lang="en-US">Vietnam [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_VN" xlink:to="lab_country_VN" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ZM" xlink:label="loc_country_ZM" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_ZM" xml:lang="en-US">ZAMBIA</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_ZM" xml:lang="en-US">Zambia [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ZM" xlink:to="lab_country_ZM" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_HK" xlink:label="loc_country_HK" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_HK" xml:lang="en-US">HONG KONG</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_HK" xml:lang="en-US">Hong Kong [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_HK" xlink:to="lab_country_HK" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ES" xlink:label="loc_country_ES" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_ES" xml:lang="en-US">SPAIN</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_country_ES" xml:lang="en-US">Spain [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ES" xlink:to="lab_country_ES" />
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" xlink:label="loc_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" xml:lang="en-US">SOCIETE DES BRASSERIES ET GLACIERES INTERNATIONALES SA [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" xml:lang="en-US">SOCIETE DES BRASSERIES ET GLACIERES INTERNATIONALES SA [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" xlink:to="lab_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_SocieteDesBrasseriesEtGlacieresInternationalesSaMember" xml:lang="en-US">SOCI&#201;T&#201; DES BRASSERIES ET GLACI&#200;RES INTERNATIONALES SA.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BihBrasseriesInternationalesHoldingLtdMember" xlink:label="loc_bud_BihBrasseriesInternationalesHoldingLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingLtdMember" xml:lang="en-US">BIH BRASSERIES INTERNATIONALES HOLDING LTD [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingLtdMember" xml:lang="en-US">B.I.H. Brasseries Internationales Holding Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BihBrasseriesInternationalesHoldingLtdMember" xlink:to="lab_bud_BihBrasseriesInternationalesHoldingLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingLtdMember" xml:lang="en-US">BIH BRASSERIES INTERNATIONALES HOLDING LTD.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" xlink:label="loc_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" xml:lang="en-US">BIH BRASSERIES INTERNATIONALES HOLDING ANGOLA LTD [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" xml:lang="en-US">B.I.H. Brasseries Internationales Holding (Angola) Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" xlink:to="lab_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_BihBrasseriesInternationalesHoldingAngolaLtdMember" xml:lang="en-US">BIH BRASSERIES INTERNATIONALES HOLDING ANGOLA LTD.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" xlink:label="loc_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" xml:lang="en-US">ANADOLU EFES BIRACILIK VE MALT SANAYII AS [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" xml:lang="en-US">ANADOLU EFES BIRACILIK VE MALT SANAYII AS [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" xlink:to="lab_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_AnadoluEfesBiracilikVeMaltSanayiiAsMember" xml:lang="en-US">ANADOLU EFES BIRACILIK VE MALT SANAYII AS.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_DeltaCorporationLtdMember" xlink:label="loc_bud_DeltaCorporationLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_DeltaCorporationLtdMember" xml:lang="en-US">DELTA CORPORATION LTD [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_DeltaCorporationLtdMember" xml:lang="en-US">Delta Corporation Limited [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_DeltaCorporationLtdMember" xlink:to="lab_bud_DeltaCorporationLtdMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_DeltaCorporationLtdMember" xml:lang="en-US">DELTA CORPORATION LTD.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ABInBevEfesMember" xlink:label="loc_bud_ABInBevEfesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ABInBevEfesMember" xml:lang="en-US">AB InBev Efes [member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_bud_ABInBevEfesMember" xml:lang="en-US">AB InBev Efes B.V [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ABInBevEfesMember" xlink:to="lab_bud_ABInBevEfesMember" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ABInBevEfesMember" xml:lang="en-US">AB InBev Efes.</link:label>
          <link:loc xlink:type="locator" xlink:href="bud-20251231.xsd#bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" xlink:label="loc_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" xml:lang="en-US">Proportion of ownership interest in associate and joint venture</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" xlink:to="lab_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture" xml:lang="en-US">The proportion of ownership interest in an associate and joint venture attributable to the entity.</link:label>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_TR" xlink:label="loc_country_TR" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_TR" xml:lang="en-US">TURKEY</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_TR" xml:lang="en-US">Turkey [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_TR" xlink:to="lab_country_TR" />
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ZW" xlink:label="loc_country_ZW" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_country_ZW" xml:lang="en-US">ZIMBABWE</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_country_ZW" xml:lang="en-US">Zimbabwe [member]</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ZW" xlink:to="lab_country_ZW" />
        </link:labelLink>
      </link:linkbase>
    </appinfo>
  </annotation>
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <import namespace="http://xbrl.org/2020/extensible-enumerations-2.0" schemaLocation="https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd" />
  <import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd" />
  <import namespace="http://fasb.org/srt/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd" />
  <import namespace="http://fasb.org/srt-types/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/ecd-sub/2025" schemaLocation="https://xbrl.sec.gov/ecd/2025/ecd-sub-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/ecd/2025" schemaLocation="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd" />
  <import namespace="http://www.xbrl.org/2006/ref" schemaLocation="http://www.xbrl.org/2006/ref-2006-02-27.xsd" />
  <import namespace="http://fasb.org/srt-roles/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-roles-2025.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd" />
  <import namespace="http://xbrl.sec.gov/cyd-af-sub/2025" schemaLocation="https://xbrl.sec.gov/cyd/2025/cyd-af-sub-2025.xsd" />
  <import namespace="https://xbrl.ifrs.org/taxonomy/2025-03-27/ifrs-full" schemaLocation="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd" />
  <import namespace="http://xbrl.sec.gov/country/2025" schemaLocation="https://xbrl.sec.gov/country/2025/country-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/currency/2025" schemaLocation="https://xbrl.sec.gov/currency/2025/currency-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/exch/2025" schemaLocation="https://xbrl.sec.gov/exch/2025/exch-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/naics/2025" schemaLocation="https://xbrl.sec.gov/naics/2025/naics-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/sic/2025" schemaLocation="https://xbrl.sec.gov/sic/2025/sic-2025.xsd" />
  <import namespace="http://xbrl.sec.gov/stpr/2025" schemaLocation="https://xbrl.sec.gov/stpr/2025/stpr-2025.xsd" />
  <element name="AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember" substitutionGroup="xbrli:item" />
  <element name="ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember" substitutionGroup="xbrli:item" />
  <element name="FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember" substitutionGroup="xbrli:item" />
  <element name="SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember" substitutionGroup="xbrli:item" />
  <element name="FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember" substitutionGroup="xbrli:item" />
  <element name="FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember" substitutionGroup="xbrli:item" />
  <element name="FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember" substitutionGroup="xbrli:item" />
  <element name="FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember" substitutionGroup="xbrli:item" />
  <element name="FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember" substitutionGroup="xbrli:item" />
  <element name="ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember" substitutionGroup="xbrli:item" />
  <element name="FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember" substitutionGroup="xbrli:item" />
  <element name="FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember" substitutionGroup="xbrli:item" />
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  <element name="DisclosureOfCorporateInformationTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfCorporateInformationTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="DisclosureOfCorporateInformationLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfCorporateInformationLineItems" substitutionGroup="xbrli:item" />
  <element name="NumberOfBeerBrands" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfBeerBrands" substitutionGroup="xbrli:item" />
  <element name="BrewingHeritagePeriod" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_BrewingHeritagePeriod" substitutionGroup="xbrli:item" />
  <element name="NumberOfCountriesReportingEntityOperates" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfCountriesReportingEntityOperates" substitutionGroup="xbrli:item" />
  <element name="AnheuserBuschInBevMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_AnheuserBuschInBevMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfExchangeRatesTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfExchangeRatesTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="InformationProcessingEquipmentMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_InformationProcessingEquipmentMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfExchangeRatesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfExchangeRatesLineItems" substitutionGroup="xbrli:item" />
  <element name="CumulativeInflationRateTransitionToHyperinflation" type="dtr-types:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_CumulativeInflationRateTransitionToHyperinflation" substitutionGroup="xbrli:item" />
  <element name="UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill" substitutionGroup="xbrli:item" />
  <element name="TradeReceivableSettlementPeriod" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_TradeReceivableSettlementPeriod" substitutionGroup="xbrli:item" />
  <element name="NumberOfOperatingSegments1" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfOperatingSegments1" substitutionGroup="xbrli:item" />
  <element name="NumberOfReportableSegments1" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfReportableSegments1" substitutionGroup="xbrli:item" />
  <element name="NumberOfGeographicalRegions" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfGeographicalRegions" substitutionGroup="xbrli:item" />
  <element name="ArsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ArsMember" substitutionGroup="xbrli:item" />
  <element name="ProductionPlantAndProductionEquipmentMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ProductionPlantAndProductionEquipmentMember" substitutionGroup="xbrli:item" />
  <element name="ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember" substitutionGroup="xbrli:item" />
  <element name="ReturnablePackagingKegsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ReturnablePackagingKegsMember" substitutionGroup="xbrli:item" />
  <element name="ReturnablePackagingCratesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ReturnablePackagingCratesMember" substitutionGroup="xbrli:item" />
  <element name="ReturnablePackagingBottlesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ReturnablePackagingBottlesMember" substitutionGroup="xbrli:item" />
  <element name="TruckMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_TruckMember" substitutionGroup="xbrli:item" />
  <element name="CarsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_CarsMember" substitutionGroup="xbrli:item" />
  <element name="PropertyPlantAndEquipmentEstimatedUsefulLife" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_PropertyPlantAndEquipmentEstimatedUsefulLife" substitutionGroup="xbrli:item" />
  <element name="NumberOfBusinessSegments" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfBusinessSegments" substitutionGroup="xbrli:item" />
  <element name="BeerBusinessMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_BeerBusinessMember" substitutionGroup="xbrli:item" />
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  <element name="ReportedVolumes" type="xbrli:integerItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ReportedVolumes" substitutionGroup="xbrli:item" />
  <element name="GrossCapitalExpenditure" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_GrossCapitalExpenditure" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="FullTimeEquivalentEmployees" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_FullTimeEquivalentEmployees" substitutionGroup="xbrli:item" />
  <element name="ExceptionalShareOfResultsOfAssociates" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalShareOfResultsOfAssociates" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="SegmentAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SegmentAxis" substitutionGroup="xbrldt:dimensionItem" />
  <element name="SegmentMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SegmentMember" substitutionGroup="xbrli:item" />
  <element name="EMEASegmentMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_EMEASegmentMember" substitutionGroup="xbrli:item" />
  <element name="GlobalExportandHoldingCompaniesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_GlobalExportandHoldingCompaniesMember" substitutionGroup="xbrli:item" />
  <element name="MiddleAmericaMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_MiddleAmericaMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfOtherOperatingIncomeExpenseAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfOtherOperatingIncomeExpenseAbstract" substitutionGroup="xbrli:item" />
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  <element name="DisclosureOfExceptionalItemsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfExceptionalItemsTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="DisclosureOfExceptionalItemsLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfExceptionalItemsLineItems" substitutionGroup="xbrli:item" />
  <element name="ExceptionalRestructuringCharges" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalRestructuringCharges" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalAcquisitionCostBusinessCombinations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalAcquisitionCostBusinessCombinations" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalGainLossOnBusinessAndAssetDisposal" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalGainLossOnBusinessAndAssetDisposal" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalClaimsAndLegalCosts" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalClaimsAndLegalCosts" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalNetFinanceIncomeCost" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalNetFinanceIncomeCost" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalTaxes" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalTaxes" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalNoncontrollingInterest" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalNoncontrollingInterest" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="NetImpactOnProfit" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NetImpactOnProfit" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="DecreaseInIncomeTaxDueToExceptionalItems" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DecreaseInIncomeTaxDueToExceptionalItems" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ExceptionalItemsIncludedInNoncontrollingInterests" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalItemsIncludedInNoncontrollingInterests" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="NetFinanceCostIncome" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NetFinanceCostIncome" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ExceptionalLegalCosts" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalLegalCosts" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="ExceptionalCustomsAuditClaim" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalCustomsAuditClaim" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="IncomeTaxAuthority1Axis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_IncomeTaxAuthority1Axis" substitutionGroup="xbrldt:dimensionItem" />
  <element name="IncomeTaxAuthority1Domain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_IncomeTaxAuthority1Domain" substitutionGroup="xbrli:item" />
  <element name="SouthAfricaTaxMattersMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SouthAfricaTaxMattersMember" substitutionGroup="xbrli:item" />
  <element name="BarbadosAndOtherCaribbeanIslandsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_BarbadosAndOtherCaribbeanIslandsMember" substitutionGroup="xbrli:item" />
  <element name="NewarkBreweryMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_NewarkBreweryMember" substitutionGroup="xbrli:item" />
  <element name="GhostBeveragesLlcMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_GhostBeveragesLlcMember" substitutionGroup="xbrli:item" />
  <element name="TilrayBrandsIncMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_TilrayBrandsIncMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfEmployeeBenefitsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfEmployeeBenefitsTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="DisclosureOfShareOfEquityInvestmentLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfShareOfEquityInvestmentLineItems" substitutionGroup="xbrli:item" />
  <element name="PayrollAndRelatedBenefitsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_PayrollAndRelatedBenefitsMember" substitutionGroup="xbrli:item" />
  <element name="OtherSubsidiariesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_OtherSubsidiariesMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfDepreciationAmortizationAndImpairmentAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfDepreciationAmortizationAndImpairmentAbstract" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfDepreciationAmortizationAndImpairmentTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfDepreciationAmortizationAndImpairmentTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="AdditionalInformationOnOperatingExpensesByNatureLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_AdditionalInformationOnOperatingExpensesByNatureLineItems" substitutionGroup="xbrli:item" />
  <element name="DepreciationAndImpairmentOfPropertyPlantAndEquipment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment" substitutionGroup="xbrli:item" xbrli:balance="debit" />
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  <element name="DepreciationAndImpairmentOfRightofuseAsset" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DepreciationAndImpairmentOfRightofuseAsset" substitutionGroup="xbrli:item" xbrli:balance="debit" />
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  <element name="ExpenseCategoriesDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ExpenseCategoriesDomain" substitutionGroup="xbrli:item" />
  <element name="CostOfSalesGoodsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_CostOfSalesGoodsMember" substitutionGroup="xbrli:item" />
  <element name="DistributionExpensesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DistributionExpensesMember" substitutionGroup="xbrli:item" />
  <element name="SalesAndMarketingExpensesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SalesAndMarketingExpensesMember" substitutionGroup="xbrli:item" />
  <element name="AdministrativeExpensesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_AdministrativeExpensesMember" substitutionGroup="xbrli:item" />
  <element name="OtherOperatingExpensesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_OtherOperatingExpensesMember" substitutionGroup="xbrli:item" />
  <element name="ExceptionalItemsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ExceptionalItemsMember" substitutionGroup="xbrli:item" />
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  <element name="DisclosureOfFinanceIncomeExpenseLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfFinanceIncomeExpenseLineItems" substitutionGroup="xbrli:item" />
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  <element name="Budfinanceincomeexpensesexcludingexceptionalitems" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budfinanceincomeexpensesexcludingexceptionalitems" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="Budotherfinancialresultincomeexpenses" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budotherfinancialresultincomeexpenses" substitutionGroup="xbrli:item" xbrli:balance="credit" />
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  <element name="Budlossesonhedginginstruments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budlossesonhedginginstruments" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss" substitutionGroup="xbrli:item" xbrli:balance="credit" />
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  <element name="Budinterestonpensions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budinterestonpensions" substitutionGroup="xbrli:item" xbrli:balance="debit" />
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  <element name="Budincomefrominterestonbraziliantaxcredits" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budincomefrominterestonbraziliantaxcredits" substitutionGroup="xbrli:item" xbrli:balance="credit" />
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  <element name="GainLossOnRemeasurementOfDeferredConsiderations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_GainLossOnRemeasurementOfDeferredConsiderations" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="DeferredConsiderationOnAcquisitions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_DeferredConsiderationOnAcquisitions" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="AccretionExpenseIncludedUnwindOfDiscountOnPayables" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="GainLossForCompletionOfTenderOffersOfNotesIssued" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_GainLossForCompletionOfTenderOffersOfNotesIssued" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ImpairmentLossesOnFinancialAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ImpairmentLossesOnFinancialAssets" substitutionGroup="xbrli:item" xbrli:balance="debit" />
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  <element name="DisclosureOfIncomeTaxesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfIncomeTaxesLineItems" substitutionGroup="xbrli:item" />
  <element name="DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods" substitutionGroup="xbrli:item" xbrli:balance="debit" />
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  <element name="OfWhichNotImpairedAsOfTheReportingDateAndPastMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfTradeReceivablesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfTradeReceivablesLineItems" substitutionGroup="xbrli:item" />
  <element name="AvailableForSaleInvestments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_AvailableForSaleInvestments" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="InvestmentSecuritiesDebtNonCurrent" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_InvestmentSecuritiesDebtNonCurrent" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="InvestmentSecuritiesDebtCurent" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_InvestmentSecuritiesDebtCurent" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="TreasurySharesOnUseMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_TreasurySharesOnUseMember" substitutionGroup="xbrli:item" />
  <element name="NumberOfRestrictedShares" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfRestrictedShares" substitutionGroup="xbrli:item" />
  <element name="IncreaseDecreaseInCapital" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_IncreaseDecreaseInCapital" substitutionGroup="xbrli:item" />
  <element name="NumberOfTreasurySharesOutstanding" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NumberOfTreasurySharesOutstanding" substitutionGroup="xbrli:item" />
  <element name="IncreaseDecreaseInNumberOfSharesInTreasury" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_IncreaseDecreaseInNumberOfSharesInTreasury" substitutionGroup="xbrli:item" />
  <element name="SabCombinationMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SabCombinationMember" substitutionGroup="xbrli:item" />
  <element name="DividendDeclaredPerShare" type="dtr-types:perShareItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_DividendDeclaredPerShare" substitutionGroup="xbrli:item" />
  <element name="DividendDeclared" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_DividendDeclared" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="DividendProposedPerShare" type="dtr-types:perShareItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_DividendProposedPerShare" substitutionGroup="xbrli:item" />
  <element name="DividendPaidDate" type="xbrli:dateItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DividendPaidDate" substitutionGroup="xbrli:item" />
  <element name="TaxWithholdingPercentage" type="dtr-types:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_TaxWithholdingPercentage" substitutionGroup="xbrli:item" />
  <element name="DilutedAdjustedEarnings" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DilutedAdjustedEarnings" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="NumberOfAntidilutiveShareOptionsOutstanding" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NumberOfAntidilutiveShareOptionsOutstanding" substitutionGroup="xbrli:item" />
  <element name="NumberOfRestrictedSharesIssued" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfRestrictedSharesIssued" substitutionGroup="xbrli:item" />
  <element name="NumberOfRestrictedSharesConvertedIntoOrdinaryShares" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares" substitutionGroup="xbrli:item" />
  <element name="DividendPayoutDate" type="xbrli:dateItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_DividendPayoutDate" substitutionGroup="xbrli:item" />
  <element name="TreasurySharesOwnedByCompany" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_TreasurySharesOwnedByCompany" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="NumberOfTreasurySharesOwnedByABI" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NumberOfTreasurySharesOwnedByABI" substitutionGroup="xbrli:item" />
  <element name="NumberOfTreasurySharesOwnedByABIAndSubsidiaries" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries" substitutionGroup="xbrli:item" />
  <element name="StocksRepurchasedDuringPeriodValue" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_StocksRepurchasedDuringPeriodValue" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="NumberOfBorrowedSharesOutstanding" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfBorrowedSharesOutstanding" substitutionGroup="xbrli:item" />
  <element name="PercentageOfSharesRepurchased" type="dtr-types:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_PercentageOfSharesRepurchased" substitutionGroup="xbrli:item" />
  <element name="StockRepurchasedDuringPeriodValues" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_StockRepurchasedDuringPeriodValues" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="StockRepurchasedDuringPeriodShare" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_StockRepurchasedDuringPeriodShare" substitutionGroup="xbrli:item" />
  <element name="SaleOfStockAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SaleOfStockAxis" substitutionGroup="xbrldt:dimensionItem" />
  <element name="SaleOfStockDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_SaleOfStockDomain" substitutionGroup="xbrli:item" />
  <element name="ArrangementTypeAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ArrangementTypeAxis" substitutionGroup="xbrldt:dimensionItem" />
  <element name="ArrangementTypeDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ArrangementTypeDomain" substitutionGroup="xbrli:item" />
  <element name="StockLendingArrangementsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_StockLendingArrangementsMember" substitutionGroup="xbrli:item" />
  <element name="DividendProposedMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DividendProposedMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReserveAbstract" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="TranslationReserveMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_TranslationReserveMember" substitutionGroup="xbrli:item" />
  <element name="HedgingReserveMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_HedgingReserveMember" substitutionGroup="xbrli:item" />
  <element name="PostEmploymentBenefitsMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_PostEmploymentBenefitsMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingAbstract" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="OrdinaryRestrictedSharesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_OrdinaryRestrictedSharesMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems" substitutionGroup="xbrli:item" />
  <element name="EffectOfBasicStockLending" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_EffectOfBasicStockLending" substitutionGroup="xbrli:item" />
  <element name="WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare" substitutionGroup="xbrli:item" />
  <element name="WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations" substitutionGroup="xbrli:item" />
  <element name="ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="EffectsOnHyperinflationaryEconomies" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_EffectsOnHyperinflationaryEconomies" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits" substitutionGroup="xbrli:item" />
  <element name="EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms" substitutionGroup="xbrli:item" />
  <element name="NetImpactOfExceptionalItemsOnProfit" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NetImpactOfExceptionalItemsOnProfit" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares" substitutionGroup="xbrli:item" />
  <element name="UnderlyingEarningsPerShare" type="dtr-types:perShareItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_UnderlyingEarningsPerShare" substitutionGroup="xbrli:item" />
  <element name="WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations" substitutionGroup="xbrli:item" />
  <element name="NonCurrentLiabilitiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_NonCurrentLiabilitiesMember" substitutionGroup="xbrli:item" />
  <element name="CurrentLiabilitiesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_CurrentLiabilitiesMember" substitutionGroup="xbrli:item" />
  <element name="UnsecuredOtherLoansCurrent" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_UnsecuredOtherLoansCurrent" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="UnsecuredOtherLoansNoncurrent" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_UnsecuredOtherLoansNoncurrent" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="CommercialPapersAuthorized" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_CommercialPapersAuthorized" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="NetIncreasedDecreasedDebt" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NetIncreasedDecreasedDebt" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="PaymentOfInterestsAndTaxes" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_PaymentOfInterestsAndTaxes" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="RepurchasedNotesAggregatePrincipalAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_RepurchasedNotesAggregatePrincipalAmount" substitutionGroup="xbrli:item" />
  <element name="BorrowingsPrincipalAmountRepurchased" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_BorrowingsPrincipalAmountRepurchased" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="CreditFacilitiesAxis" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_CreditFacilitiesAxis" substitutionGroup="xbrldt:dimensionItem" />
  <element name="CreditFacilitiesDomain" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_CreditFacilitiesDomain" substitutionGroup="xbrli:item" />
  <element name="FiveSeriesNotesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FiveSeriesNotesMember" substitutionGroup="xbrli:item" />
  <element name="BorrowingsIssuedDate" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_BorrowingsIssuedDate" substitutionGroup="xbrli:item" />
  <element name="Budnameofissuer" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Budnameofissuer" substitutionGroup="xbrli:item" />
  <element name="FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember" substitutionGroup="xbrli:item" />
  <element name="ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember" substitutionGroup="xbrli:item" />
  <element name="ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember" substitutionGroup="xbrli:item" />
  <element name="Buddateofredemption" type="xbrli:dateItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_Buddateofredemption" substitutionGroup="xbrli:item" />
  <element name="PercentageOfNotesRepurchased" type="dtr-types:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_PercentageOfNotesRepurchased" substitutionGroup="xbrli:item" />
  <element name="NotesRepurchasedMaturityPeriod" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NotesRepurchasedMaturityPeriod" substitutionGroup="xbrli:item" />
  <element name="Budborrowingsprincipalamount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_Budborrowingsprincipalamount" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="BorrowingPrincipalAmountNotRepurchased" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_BorrowingPrincipalAmountNotRepurchased" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember" substitutionGroup="xbrli:item" />
  <element name="TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember" substitutionGroup="xbrli:item" />
  <element name="FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember" substitutionGroup="xbrli:item" />
  <element name="FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember" substitutionGroup="xbrli:item" />
  <element name="FourPointNinePercentageNotesDueTwoThousandFortySixMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember" substitutionGroup="xbrli:item" />
  <element name="FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtAbstract" substitutionGroup="xbrli:item" />
  <element name="DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtTable" substitutionGroup="xbrldt:hypercubeItem" />
  <element name="DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems" substitutionGroup="xbrli:item" />
  <element name="NonCurrentPortionOfLongTermBorrowings" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_NonCurrentPortionOfLongTermBorrowings" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="InterestBearingLoansGrantedAndOtherDeposits" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_InterestBearingLoansGrantedAndOtherDeposits" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" nillable="true" id="bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="CapitalizationPaymentOfLeaseLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_CapitalizationPaymentOfLeaseLiabilities" substitutionGroup="xbrli:item" xbrli:balance="credit" />
  <element name="IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements" substitutionGroup="xbrli:item" xbrli:balance="debit" />
  <element name="DefinedBenefitPlanMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DefinedBenefitPlanMember" substitutionGroup="xbrli:item" />
  <element name="RetirementOrLeavingServicePlansMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_RetirementOrLeavingServicePlansMember" substitutionGroup="xbrli:item" />
  <element name="MedicalCostPlansMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_MedicalCostPlansMember" substitutionGroup="xbrli:item" />
  <element name="OtherLongTermEmployeeBenefitPlansMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_OtherLongTermEmployeeBenefitPlansMember" substitutionGroup="xbrli:item" />
  <element name="ActiveEmployeesMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_ActiveEmployeesMember" substitutionGroup="xbrli:item" />
  <element name="DeferredMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_DeferredMember" substitutionGroup="xbrli:item" />
  <element name="MembersInRetirementMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_MembersInRetirementMember" substitutionGroup="xbrli:item" />
  <element name="FundedDefinedBenefitPlansMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_FundedDefinedBenefitPlansMember" substitutionGroup="xbrli:item" />
  <element name="UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" type="dtr-types:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember" substitutionGroup="xbrli:item" />
  <element name="NumberOfPostemploymentBenefitDefinedBenefitPlans" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="duration" nillable="true" id="bud_NumberOfPostemploymentBenefitDefinedBenefitPlans" substitutionGroup="xbrli:item" />
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover Page<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2025 </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentRegistrationStatement', window );">Document Registration Statement</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentShellCompanyReport', window );">Document Shell Company Report</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Anheuser-Busch InBev SA/NV<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001668717<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-37911<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">C9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Brouwerijplein 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Leuven<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Large Accelerated Filer<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_IcfrAuditorAttestationFlag', window );">ICFR Auditor Attestation Flag</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentAccountingStandard', window );">Document Accounting Standard</a></td>
<td class="text">International Financial Reporting Standards<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">1,797,199,994<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">3000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorName', window );">Auditor Name</a></td>
<td class="text">PwC Bedrijfsrevisoren BV / PwC Reviseurs d&#8217;Entreprises SRL<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorFirmId', window );">Auditor Firm ID</a></td>
<td class="text">1350<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorLocation', window );">Auditor Location</a></td>
<td class="text">Diegem, Belgium<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFinStmtErrorCorrectionFlag', window );">Document Financial Statement Error Correction [Flag]</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember', window );">Business Contact [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_ContactPersonnelName', window );">Contact Personnel Name</a></td>
<td class="text">John Blood<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Brouwerijplein 1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Leuven<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">+ 32<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">16 276 888<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">3000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember', window );">Ordinary shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Ordinary shares without nominal value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_NoTradingSymbolFlag', window );">No Trading Symbol Flag</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember', window );">American Depositary Shares, each representing one ordinary share without nominal value</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">American Depositary Shares, each representing one ordinary share without nominal value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember', window );">3.750% Notes due 2042 (issued July 2012)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">3.750% Notes due 2042 (issued July 2012)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD42A<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember', window );">4.000% Notes due 2043 (issued January 2013)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.000% Notes due 2043 (issued January 2013)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/43<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember', window );">4.625% Notes due 2044 (issued January 2014)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.625% Notes due 2044 (issued January 2014)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/44<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember', window );">4.700% Notes due 2036 (issued January 2016)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.700% Notes due 2036 (issued January 2016)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/36<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember', window );">4.900% Notes due 2046 (issued January 2016)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.900% Notes due 2046 (issued January 2016)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/46<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember', window );">4.950% Notes due 2042 (issued December 2016)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.950% Notes due 2042 (issued December 2016)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/42<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember', window );">6.625% Notes due 2033 (issued December 2016)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">6.625% Notes due 2033 (issued December 2016)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember', window );">5.875% Notes due 2035 (issued December 2016)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">5.875% Notes due 2035 (issued December 2016)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember', window );">4.375% Notes due 2038 (issued April 2018)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.375% Notes due 2038 (issued April 2018)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/38<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember', window );">4.600% Notes due 2048 (issued April 2018)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.600% Notes due 2048 (issued April 2018)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/48A<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember', window );">4.750% Notes due 2058 (issued April 2018)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.750% Notes due 2058 (issued April 2018)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/58<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember', window );">4.750% Notes due 2029 (issued January 2019)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.750% Notes due 2029 (issued January 2019)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/29<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember', window );">4.900% Notes due 2031 (issued January 2019)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.900% Notes due 2031 (issued January 2019)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/31<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointFourFiveZeroPercentDueOnTwentyThirtyNineIssuedJanuaryTwentyNineteenMember', window );">5.450% Notes due 2039 (issued January 2019)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">5.450% Notes due 2039 (issued January 2019)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/39A<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember', window );">5.550% Notes due 2049 (issued January 2019)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">5.550% Notes due 2049 (issued January 2019)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember', window );">5.800% Notes due 2059 (issued January 2019)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">5.800% Notes due 2059 (issued January 2019)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/59<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember', window );">3.500% Notes due 2030 (issued April 2020)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">3.500% Notes due 2030 (issued April 2020)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/30<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember', window );">4.350% Notes due 2040 (issued April 2020)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.350% Notes due 2040 (issued April 2020)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/40<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember', window );">4.500% Notes due 2050 (issued April 2020)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.500% Notes due 2050 (issued April 2020)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/50<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember', window );">4.600% Notes due 2060 (issued April 2020)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">4.600% Notes due 2060 (issued April 2020)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/60<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointZeroZeroZeroPercentNotesDueOnTwentyThirtyFourIssuedMarchTwentyTwentyFourMember', window );">5.000% Notes due 2034 (issued March 2024)</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">5.000% Notes due 2034 (issued March 2024)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">BUD/34<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorFirmId">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>PCAOB issued Audit Firm Identifier</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorFirmId</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:nonemptySequenceNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorLocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorLocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_ContactPersonnelName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of contact personnel</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_ContactPersonnelName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAccountingStandard">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAccountingStandard</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:accountingStandardItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as an annual report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAnnualReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFinStmtErrorCorrectionFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicates whether any of the financial statement period in the filing include a restatement due to error correction.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-K<br> -Number 229<br> -Section 402<br> -Subsection w<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFinStmtErrorCorrectionFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentRegistrationStatement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a registration statement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentRegistrationStatement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentShellCompanyReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentShellCompanyReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a transition report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentTransitionReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCountry">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>ISO 3166-1 alpha-2 country code.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCountry</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:countryCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_IcfrAuditorAttestationFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_IcfrAuditorAttestationFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_NoTradingSymbolFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a security having no trading symbol.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_NoTradingSymbolFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:trueItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_AmericanDepositarySharesEachRepresentingOneOrdinaryShareWithoutNominalValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_ThreePointSevenFiveZeroPercentDueOnTwentyFortyTwoIssuedJulyTwelveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroZeroPercentDueOnTwentyFortyThreeIssuedJanuaryTwentyThirteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixTwoFivePercentDueOnTwentyFortyFourIssuedJanuaryTwentyFourteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenZeroZeroPercentDueOnTwentyThirtySixIssuedJanuaryTwentySixteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointZeroZeroPercentDueOnTwentyFortySixIssuedJanuaryTwentySixteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointNineFiveZeroPercentDueOnTwentyFortyTwoIssuedDecemberTwentySixteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_SixPointSixTwoFivePercentDueOnTwentyThirtyThreeIssuedDecemberTwentySixteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointEightSevenFivePercentDueOnTwentyThirtyFiveIssuedDecemberTwentySixteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeSevenFiveDueOnTwentyThirtyEightIssuedAprilTwentyEighteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixZeroZeroPercentDueOnTwentyFortyEightIssuedAprilTwentyEighteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenFiveZeroPercentDueOnTwentyFiftyEightIssuedAprilTwentyEighteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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</table>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSevenFiveZeroDueOnTwentyTwentyNineIssuedJanuaryTwentyNineteenMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointNineZeroZeroPercentDueOnTwentyThirtyOneIssuedJanuaryTwentyNineteenMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointFiveFiveZeroPercentDueOnTwentyFortyNineIssuedJanuaryTwentyNineteenMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FivePointEightZeroZeroPercentDueOnTwentyFiftyNineIssuedJanuaryTwentyNineteenMember</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
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<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_ThreePointFiveZeroZeroPercentNotesDueOnTwentyThirtyIssuedAprilTwentyTwentyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember">
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<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointThreeFiveZeroPercentNotesDueOnTwentyFourtyIssuedAprilTwentyTwentyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointFiveZeroZeroPercentNotesDueOnTwentyFiftyIssuedAprilTwentyTwentyMember</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_FourPointSixZeroZeroPercentNotesDueOnTwentySixtyIssuedAprilTwentyTwentyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Income Statement - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2024</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="nump">$ 59,320<span></span>
</td>
<td class="nump">$ 59,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 59,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="num">(26,141)<span></span>
</td>
<td class="num">(26,744)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,396)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">33,179<span></span>
</td>
<td class="nump">33,024<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31,984<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="num">(6,092)<span></span>
</td>
<td class="num">(6,201)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,277)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="num">(7,374)<span></span>
</td>
<td class="num">(7,156)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,158)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">Administrative expenses</a></td>
<td class="num">(4,667)<span></span>
</td>
<td class="num">(4,983)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,738)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="nump">808<span></span>
</td>
<td class="nump">779<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">778<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalIncomeExpenseAboveProfitFromOperations', window );">Exceptional income/(expense) above profit from operations</a></td>
<td class="num">(449)<span></span>
</td>
<td class="nump">25<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(624)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="nump">15,405<span></span>
</td>
<td class="nump">15,487<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,966<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance expense</a></td>
<td class="num">(5,146)<span></span>
</td>
<td class="num">(6,376)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,133)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="nump">682<span></span>
</td>
<td class="nump">1,024<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,031<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="num">(4,465)<span></span>
</td>
<td class="num">(5,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,102)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Share of results of associates</a></td>
<td class="nump">378<span></span>
</td>
<td class="nump">329<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before tax</a></td>
<td class="nump">11,328<span></span>
</td>
<td class="nump">10,568<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,124<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="num">(2,850)<span></span>
</td>
<td class="num">(3,152)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,234)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,891<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossFromContinuingOperationsAttributableToAbstract', window );"><strong>Profit of the period attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent', window );">Equity holders of AB InBev</a></td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,341<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">$ 1,640<span></span>
</td>
<td class="nump">$ 1,561<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 1,550<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic earnings per share</a></td>
<td class="nump">$ 3.45<span></span>
</td>
<td class="nump">$ 2.92<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 2.65<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted earnings per share</a></td>
<td class="nump">$ 3.39<span></span>
</td>
<td class="nump">$ 2.86<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 2.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalIncomeExpenseAboveProfitFromOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional income expense above profit from operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalIncomeExpenseAboveProfitFromOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional share Of profit Loss Of associates accounted for using equity method.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitLossFromContinuingOperationsAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit loss from continuing operations attributable to.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitLossFromContinuingOperationsAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) from continuing operations attributable to owners of the parent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitLossFromContinuingOperationsAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DistributionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DistributionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations attributable to non-controlling interests. [Refer: Profit (loss) from continuing operations; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Section Example 11<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;doctype=Implementation%20Guidance&amp;dita_xref=IFRS05_ex11_TI<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2025-01-01<br> -Paragraph IE33<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statement of Comprehensive Income/(loss) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfComprehensiveIncomeAbstract', window );"><strong>Statement of comprehensive income [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="nump">$ 8,477<span></span>
</td>
<td class="nump">$ 7,416<span></span>
</td>
<td class="nump">$ 6,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Other comprehensive income/(loss): items that will not be reclassified to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Re-measurements of post-employment benefits</a></td>
<td class="nump">65<span></span>
</td>
<td class="nump">141<span></span>
</td>
<td class="num">(136)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax', window );">Other comprehensive income/(loss) that will not be reclassified to profit or loss, net of tax</a></td>
<td class="nump">65<span></span>
</td>
<td class="nump">141<span></span>
</td>
<td class="num">(136)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Other comprehensive income/(loss): items that may be reclassified subsequently to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Exchange differences on translation of foreign operations</a></td>
<td class="nump">7,081<span></span>
</td>
<td class="num">(10,212)<span></span>
</td>
<td class="nump">4,171<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations', window );">Effective portion of changes in fair value of net investment hedges</a></td>
<td class="num">(274)<span></span>
</td>
<td class="nump">935<span></span>
</td>
<td class="num">(242)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Cash flow hedges recognized in equity</a></td>
<td class="nump">69<span></span>
</td>
<td class="nump">705<span></span>
</td>
<td class="num">(400)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Cash flow hedges reclassified from equity to profit or loss</a></td>
<td class="num">(216)<span></span>
</td>
<td class="num">(380)<span></span>
</td>
<td class="nump">483<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax', window );">Other comprehensive income/(loss) that will be reclassified to profit or loss net of tax</a></td>
<td class="nump">6,660<span></span>
</td>
<td class="num">(8,953)<span></span>
</td>
<td class="nump">4,012<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss), net of tax</a></td>
<td class="nump">6,726<span></span>
</td>
<td class="num">(8,812)<span></span>
</td>
<td class="nump">3,876<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="nump">15,203<span></span>
</td>
<td class="num">(1,396)<span></span>
</td>
<td class="nump">10,767<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Equity holders of AB InBev</a></td>
<td class="nump">13,397<span></span>
</td>
<td class="num">(2,191)<span></span>
</td>
<td class="nump">9,739<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">$ 1,806<span></span>
</td>
<td class="nump">$ 795<span></span>
</td>
<td class="nump">$ 1,028<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on cash flow hedges, net of tax, before reclassification adjustments. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 62<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_62_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 62<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_62_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to exchange differences when financial statements of foreign operations are translated. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [domain]; Plan assets [member]; Net defined benefit liability (asset)] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to hedges of net investments in foreign operations. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2025-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income that will be reclassified to profit or loss, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph IG6<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82A<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82A&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income that will not be reclassified to profit or loss, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph IG6<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82A<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82A&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to cash flow hedges, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24C_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 62<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_62_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 62<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_62_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 92<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfComprehensiveIncomeAbstract</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statement of Financial Position - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">$ 23,664<span></span>
</td>
<td class="nump">$ 23,503<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">117,908<span></span>
</td>
<td class="nump">110,479<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">41,985<span></span>
</td>
<td class="nump">40,034<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Investments in associates</a></td>
<td class="nump">5,002<span></span>
</td>
<td class="nump">4,612<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesNonCurrent', window );">Investment securities</a></td>
<td class="nump">161<span></span>
</td>
<td class="nump">168<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred tax assets</a></td>
<td class="nump">2,708<span></span>
</td>
<td class="nump">2,493<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan', window );">Pensions and similar obligations</a></td>
<td class="nump">150<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsNoncurrent', window );">Income tax receivables</a></td>
<td class="nump">444<span></span>
</td>
<td class="nump">470<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Derivatives</a></td>
<td class="nump">145<span></span>
</td>
<td class="nump">261<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">1,871<span></span>
</td>
<td class="nump">1,577<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">194,039<span></span>
</td>
<td class="nump">183,637<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesCurrent', window );">Investment securities</a></td>
<td class="nump">306<span></span>
</td>
<td class="nump">221<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">5,107<span></span>
</td>
<td class="nump">5,020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsCurrent', window );">Income tax receivables</a></td>
<td class="nump">785<span></span>
</td>
<td class="nump">727<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialAssets', window );">Derivatives</a></td>
<td class="nump">583<span></span>
</td>
<td class="nump">554<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">6,161<span></span>
</td>
<td class="nump">5,270<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">11,638<span></span>
</td>
<td class="nump">11,174<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Assets classified as held for sale</a></td>
<td class="nump">190<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">24,769<span></span>
</td>
<td class="nump">22,999<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="nump">218,808<span></span>
</td>
<td class="nump">206,637<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued capital</a></td>
<td class="nump">1,736<span></span>
</td>
<td class="nump">1,736<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SharePremium', window );">Share premium</a></td>
<td class="nump">17,620<span></span>
</td>
<td class="nump">17,620<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Reserves', window );">Reserves</a></td>
<td class="nump">17,803<span></span>
</td>
<td class="nump">12,304<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Retained earnings</a></td>
<td class="nump">50,128<span></span>
</td>
<td class="nump">46,577<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Equity attributable to equity holders of AB InBev</a></td>
<td class="nump">87,287<span></span>
</td>
<td class="nump">78,237<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling&#160;interests</a></td>
<td class="nump">10,449<span></span>
</td>
<td class="nump">10,463<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">97,736<span></span>
</td>
<td class="nump">88,700<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestBearingLoansAndBorrowingsNoncurrent', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">72,128<span></span>
</td>
<td class="nump">70,720<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan', window );">Pensions and similar obligations</a></td>
<td class="nump">1,275<span></span>
</td>
<td class="nump">1,296<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred tax liabilities</a></td>
<td class="nump">11,400<span></span>
</td>
<td class="nump">11,321<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesNoncurrent', window );">Income tax payables</a></td>
<td class="nump">206<span></span>
</td>
<td class="nump">284<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Derivatives</a></td>
<td class="nump">293<span></span>
</td>
<td class="nump">68<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">869<span></span>
</td>
<td class="nump">797<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisions', window );">Provisions</a></td>
<td class="nump">425<span></span>
</td>
<td class="nump">385<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">86,596<span></span>
</td>
<td class="nump">84,871<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BankOverdraft', window );">Bank overdrafts</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestBearingLoansAndBorrowingsCurrent', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">885<span></span>
</td>
<td class="nump">1,449<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income tax payables</a></td>
<td class="nump">1,825<span></span>
</td>
<td class="nump">1,805<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Derivatives</a></td>
<td class="nump">6,104<span></span>
</td>
<td class="nump">5,817<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">25,455<span></span>
</td>
<td class="nump">23,804<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentProvisions', window );">Provisions</a></td>
<td class="nump">192<span></span>
</td>
<td class="nump">191<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">34,475<span></span>
</td>
<td class="nump">33,066<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total equity and liabilities</a></td>
<td class="nump">$ 218,808<span></span>
</td>
<td class="nump">$ 206,637<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BankOverdraft">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Bank overdraft</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BankOverdraft</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InterestBearingLoansAndBorrowingsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Interest bearing loans and borrowings current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InterestBearingLoansAndBorrowingsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InterestBearingLoansAndBorrowingsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Interest bearing loans and borrowings noncurrent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InterestBearingLoansAndBorrowingsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities non current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Reserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Reserves</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Reserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Current assets; Disposal groups classified as held for sale [member]; Non-current assets or disposal groups classified as held for sale; Non-current assets or disposal groups classified as held for distribution to owners]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions, including provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 56<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 56<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph r<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 164<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_164_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 164<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_164_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 68<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates in an entity's separate financial statements. [Refer: Total for all associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2025-01-01<br> -Paragraph 22<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions, including provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables and non-current other receivables. [Refer: Non-current trade receivables; Other non-current receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit asset. [Refer: Net defined benefit asset]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit liability. [Refer: Net defined benefit liability]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Note that right-of-use assets are not included. [Contrast: Property, plant and equipment including right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetainedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the entity's cumulative undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph IG6<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetainedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SharePremium">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount received or receivable from the issuance of the entity's shares in excess of nominal value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SharePremium</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statement of Changes in Equity - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Total</div></th>
<th class="th"><div>Issued capital [member]</div></th>
<th class="th"><div>Share premium [member]</div></th>
<th class="th"><div>Treasury shares [member]</div></th>
<th class="th"><div>Reserves [member]</div></th>
<th class="th"><div>OCI reserves [member]</div></th>
<th class="th"><div>Retained earnings [member]</div></th>
<th class="th"><div>Equity attributable to owners of parent [member]</div></th>
<th class="th"><div>Non-controlling interest [member]</div></th>
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<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Beginning balance at Dec. 31, 2022</a></td>
<td class="nump">$ 84,278<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="nump">$ 17,620<span></span>
</td>
<td class="num">$ (3,706)<span></span>
</td>
<td class="nump">$ 54,477<span></span>
</td>
<td class="num">$ (35,553)<span></span>
</td>
<td class="nump">$ 38,823<span></span>
</td>
<td class="nump">$ 73,398<span></span>
</td>
<td class="nump">$ 10,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="nump">6,891<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,341<span></span>
</td>
<td class="nump">5,341<span></span>
</td>
<td class="nump">1,550<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">3,876<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,398<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,398<span></span>
</td>
<td class="num">(522)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="nump">10,767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,398<span></span>
</td>
<td class="nump">5,341<span></span>
</td>
<td class="nump">9,739<span></span>
</td>
<td class="nump">1,028<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends</a></td>
<td class="num">(2,952)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,582)<span></span>
</td>
<td class="num">(1,582)<span></span>
</td>
<td class="num">(1,371)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Treasury shares</a></td>
<td class="num">(237)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(477)<span></span>
</td>
<td class="num">(237)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments</a></td>
<td class="nump">438<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">418<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">418<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseThroughHyperinflationAdjustments', window );">Hyperinflation monetary adjustments</a></td>
<td class="nump">675<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">417<span></span>
</td>
<td class="nump">417<span></span>
</td>
<td class="nump">258<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Scope and other changes</a></td>
<td class="num">(291)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(306)<span></span>
</td>
<td class="num">(306)<span></span>
</td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2023</a></td>
<td class="nump">92,676<span></span>
</td>
<td class="nump">1,736<span></span>
</td>
<td class="nump">17,620<span></span>
</td>
<td class="num">(3,465)<span></span>
</td>
<td class="nump">54,896<span></span>
</td>
<td class="num">(31,155)<span></span>
</td>
<td class="nump">42,215<span></span>
</td>
<td class="nump">81,848<span></span>
</td>
<td class="nump">10,828<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="nump">7,416<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="nump">1,561<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="num">(8,812)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(8,046)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(8,046)<span></span>
</td>
<td class="num">(766)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="num">(1,396)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(8,046)<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="num">(2,191)<span></span>
</td>
<td class="nump">795<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends</a></td>
<td class="num">(3,178)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,764)<span></span>
</td>
<td class="num">(1,764)<span></span>
</td>
<td class="num">(1,414)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Treasury shares</a></td>
<td class="num">(791)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(421)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(370)<span></span>
</td>
<td class="num">(791)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments</a></td>
<td class="nump">515<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">495<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">495<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseThroughHyperinflationAdjustments', window );">Hyperinflation monetary adjustments</a></td>
<td class="nump">1,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">642<span></span>
</td>
<td class="nump">642<span></span>
</td>
<td class="nump">398<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Scope and other changes</a></td>
<td class="num">(166)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(165)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2024</a></td>
<td class="nump">88,700<span></span>
</td>
<td class="nump">1,736<span></span>
</td>
<td class="nump">17,620<span></span>
</td>
<td class="num">(3,886)<span></span>
</td>
<td class="nump">55,391<span></span>
</td>
<td class="num">(39,201)<span></span>
</td>
<td class="nump">46,577<span></span>
</td>
<td class="nump">78,237<span></span>
</td>
<td class="nump">10,463<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="nump">8,477<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">1,640<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">6,726<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,560<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,560<span></span>
</td>
<td class="nump">166<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="nump">15,203<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,560<span></span>
</td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">13,397<span></span>
</td>
<td class="nump">1,806<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends</a></td>
<td class="num">(4,286)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,466)<span></span>
</td>
<td class="num">(2,466)<span></span>
</td>
<td class="num">(1,820)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Treasury shares</a></td>
<td class="num">(2,106)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,197)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(910)<span></span>
</td>
<td class="num">(2,106)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based payments</a></td>
<td class="nump">135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">136<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">136<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseThroughHyperinflationAdjustments', window );">Hyperinflation monetary adjustments</a></td>
<td class="nump">429<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">265<span></span>
</td>
<td class="nump">265<span></span>
</td>
<td class="nump">164<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Scope and other changes</a></td>
<td class="num">(339)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(176)<span></span>
</td>
<td class="num">(176)<span></span>
</td>
<td class="num">(163)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2025</a></td>
<td class="nump">$ 97,736<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="nump">$ 17,620<span></span>
</td>
<td class="num">$ (5,083)<span></span>
</td>
<td class="nump">$ 55,526<span></span>
</td>
<td class="num">$ (32,641)<span></span>
</td>
<td class="nump">$ 50,128<span></span>
</td>
<td class="nump">$ 87,287<span></span>
</td>
<td class="nump">$ 10,449<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseThroughHyperinflationAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase (decrease) through hyperinflation adjustments</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseThroughHyperinflationAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 138<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_138&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 107<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_107&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from treasury share transactions. [Refer: Equity; Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statement of Cash Flows - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract', window );"><strong>OPERATING ACTIVITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit of the period</a></td>
<td class="nump">$ 8,477<span></span>
</td>
<td class="nump">$ 7,416<span></span>
</td>
<td class="nump">$ 6,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense', window );">Depreciation, amortization and impairment</a></td>
<td class="nump">5,652<span></span>
</td>
<td class="nump">5,544<span></span>
</td>
<td class="nump">5,411<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForFinanceIncomeCost', window );">Net finance (income)/expense</a></td>
<td class="nump">4,465<span></span>
</td>
<td class="nump">5,353<span></span>
</td>
<td class="nump">5,102<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Equity-settled share-based payment expense</a></td>
<td class="nump">625<span></span>
</td>
<td class="nump">644<span></span>
</td>
<td class="nump">570<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncomeTaxExpense', window );">Income tax expense</a></td>
<td class="nump">2,850<span></span>
</td>
<td class="nump">3,152<span></span>
</td>
<td class="nump">2,234<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates', window );">Share of result of associates</a></td>
<td class="num">(387)<span></span>
</td>
<td class="num">(433)<span></span>
</td>
<td class="nump">1,125<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherAdjustmentsForNoncashItems', window );">Other non-cash items</a></td>
<td class="num">(45)<span></span>
</td>
<td class="num">(269)<span></span>
</td>
<td class="num">(260)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital', window );">Cash flow from operating activities before changes in working capital and use of provisions</a></td>
<td class="nump">21,637<span></span>
</td>
<td class="nump">21,406<span></span>
</td>
<td class="nump">21,072<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables', window );">Decrease/(increase) in trade and other receivables</a></td>
<td class="num">(187)<span></span>
</td>
<td class="nump">341<span></span>
</td>
<td class="num">(1,147)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">Decrease/(increase) in inventories</a></td>
<td class="nump">87<span></span>
</td>
<td class="num">(149)<span></span>
</td>
<td class="nump">717<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables', window );">Increase/(decrease) in trade and other payables</a></td>
<td class="num">(298)<span></span>
</td>
<td class="num">(215)<span></span>
</td>
<td class="num">(1,110)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForPensionContributionsAndUseOfProvisions', window );">Pension contributions and use of provisions</a></td>
<td class="num">(426)<span></span>
</td>
<td class="num">(374)<span></span>
</td>
<td class="num">(419)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperations', window );">Cash generated from operations</a></td>
<td class="nump">20,814<span></span>
</td>
<td class="nump">21,009<span></span>
</td>
<td class="nump">19,113<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities', window );">Interest paid</a></td>
<td class="num">(3,348)<span></span>
</td>
<td class="num">(3,649)<span></span>
</td>
<td class="num">(3,877)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivedClassifiedAsOperatingActivities', window );">Interest received</a></td>
<td class="nump">462<span></span>
</td>
<td class="nump">594<span></span>
</td>
<td class="nump">598<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities', window );">Dividends received</a></td>
<td class="nump">195<span></span>
</td>
<td class="nump">234<span></span>
</td>
<td class="nump">127<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities', window );">Income tax paid</a></td>
<td class="num">(3,240)<span></span>
</td>
<td class="num">(3,134)<span></span>
</td>
<td class="num">(2,696)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash flow from/(used in) operating activities</a></td>
<td class="nump">14,883<span></span>
</td>
<td class="nump">15,055<span></span>
</td>
<td class="nump">13,265<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract', window );"><strong>INVESTING ACTIVITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment and of intangible assets</a></td>
<td class="num">(3,656)<span></span>
</td>
<td class="num">(3,863)<span></span>
</td>
<td class="num">(4,638)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Proceeds from sale of property, plant and equipment and of intangible assets</a></td>
<td class="nump">104<span></span>
</td>
<td class="nump">128<span></span>
</td>
<td class="nump">156<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Sale/(acquisition) of subsidiaries, net of cash</a></td>
<td class="nump">18<span></span>
</td>
<td class="num">(46)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities', window );">Proceeds from sale/(acquisition) of other assets</a></td>
<td class="nump">98<span></span>
</td>
<td class="nump">523<span></span>
</td>
<td class="nump">83<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash flow from/(used in) investing activities</a></td>
<td class="num">(3,436)<span></span>
</td>
<td class="num">(3,259)<span></span>
</td>
<td class="num">(4,390)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract', window );"><strong>FINANCING ACTIVITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromNoncurrentBorrowings', window );">Proceeds from borrowings</a></td>
<td class="nump">4,400<span></span>
</td>
<td class="nump">5,465<span></span>
</td>
<td class="nump">202<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfNoncurrentBorrowings', window );">Repayments of borrowings</a></td>
<td class="num">(6,861)<span></span>
</td>
<td class="num">(9,295)<span></span>
</td>
<td class="num">(3,098)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities', window );">Dividends paid</a></td>
<td class="num">(4,543)<span></span>
</td>
<td class="num">(2,672)<span></span>
</td>
<td class="num">(3,013)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares', window );">Share buyback</a></td>
<td class="num">(2,301)<span></span>
</td>
<td class="num">(937)<span></span>
</td>
<td class="num">(362)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Payment of lease liabilities</a></td>
<td class="num">(733)<span></span>
</td>
<td class="num">(787)<span></span>
</td>
<td class="num">(780)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CashInflowOutflowOnDerivativeFinancialInstruments', window );">Derivative financial instruments</a></td>
<td class="num">(206)<span></span>
</td>
<td class="num">(431)<span></span>
</td>
<td class="num">(841)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SaleAcquisitionOfNoncontrollingInterests', window );">Sale/(acquisition) of non-controlling interests</a></td>
<td class="num">(323)<span></span>
</td>
<td class="num">(435)<span></span>
</td>
<td class="num">(22)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities', window );">Other financing cash flows</a></td>
<td class="num">(883)<span></span>
</td>
<td class="num">(763)<span></span>
</td>
<td class="num">(646)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash flow from/(used in) financing activities</a></td>
<td class="num">(11,450)<span></span>
</td>
<td class="num">(9,854)<span></span>
</td>
<td class="num">(8,560)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Net increase/(decrease) in cash and cash equivalents</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">1,942<span></span>
</td>
<td class="nump">315<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents less bank overdrafts at beginning of year</a></td>
<td class="nump">11,174<span></span>
</td>
<td class="nump">10,314<span></span>
</td>
<td class="nump">9,890<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate fluctuations</a></td>
<td class="nump">452<span></span>
</td>
<td class="num">(1,082)<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents less bank overdrafts at end of period</a></td>
<td class="nump">$ 11,623<span></span>
</td>
<td class="nump">$ 11,174<span></span>
</td>
<td class="nump">$ 10,314<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsForPensionContributionsAndUseOfProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments For Pension Contributions And Use Of Provisions</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsForPensionContributionsAndUseOfProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cash flows from used in losing obtaining control of subsidiaries or other businesses classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CashFlowsFromUsedInLosingObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CashInflowOutflowOnDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cash inflow (outflow) on Derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CashInflowOutflowOnDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Proceeds from acquisition other Long term assets classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProceedsFromAcquisitionOtherLongTermAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SaleAcquisitionOfNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Sale/(acquisition) of non-controlling interests.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SaleAcquisitionOfNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade and other receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other receivables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForFinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForFinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncomeTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other payables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents in the statement of cash flows when different from the amount of cash and cash equivalents in the statement of financial position. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, from continuing and discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents, from continuing and discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash from (used in) the entity's operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A_TI<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow (outflow) from the entity's operations before changes in working capital.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A_TI<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for dividends paid by the entity, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from dividends received, classified as operating activities. [Refer: Dividends received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceivedClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for income taxes paid, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents before the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivedClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from interest received, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivedClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherAdjustmentsForNoncashItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherAdjustmentsForNoncashItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Inflows (outflows) of cash, classified as financing activities, that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 21<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_21&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire or redeem entity's shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsToAcquireOrRedeemEntitysShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from non-current borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations, unless line item indicates otherwise [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cybersecurity Risk <div style="display:inline;">Management </div>and Strategy </div></div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%">Our processes for assessing, identifying and managing material risks from cybersecurity threats are integrated into our risk management system. We use a variety of tools and processes to collect relevant data and identify, monitor, assess and manage material cybersecurity risks. We invest in cybersecurity defense solutions, including (but not limited to) prevention, detection and response tools and processes. We also have a dedicated global security operations center team, including specially trained personnel (the &#8220;<div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Security Operations Team</div></div>&#8221;) led by our Global Security Operations Center Director, that is responsible for front-line cybersecurity risk detection and management with the assistance of our critical infrastructure management team. The Security Operations Team engages in ongoing monitoring and testing of our systems and defenses with respect to cybersecurity <div style="display:inline;">threats</div>. </div><div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"></div><div style="TEXT-ALIGN: center;text-indent: 0px;"><div style="WIDTH: 8.5in; TEXT-ALIGN: left; MARGIN-LEFT: auto; MARGIN-RIGHT: auto"><div style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We engage independent third parties on a periodic basis to assess our cybersecurity capabilities under the National Institute of Standards and Technology (&#8220;<div style="font-weight:bold;display:inline;">NIST</div>&#8221;) framework. The results of these assessments are shared with the Board of Directors, including the Audit Committee. We also engage third parties to conduct periodic penetration testing, and to provide technical assistance if needed in connection with our response to a cybersecurity incident. </div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">We provide cybersecurity awareness trainings to our employees which are designed to provide guidance for identifying and reporting cybersecurity <div style="display:inline;">risks </div>and promote familiarity with our cybersecurity policies, and we require employees in certain roles to complete additional role-based, specialized cybersecurity trainings and incident simulations. We also leverage internal communications to promote awareness and conduct phishing exercises and provide training to employees. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">We adopted and implemented an incident response plan, which provides a structured approach for managing, escalating and remediating cybersecurity incidents, as further described below under &#8220;Cybersecurity Governance.&#8221; There is a business continuity plan in place that covers critical infrastructure. We also have in place a global information security policy and supporting policies and standards covering key risk domains such as asset management, asset control, network security, incident management, third-party risk management and internet and technology use. The company reviews these plans periodically and updates them as needed. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Cybersecurity is also an important part of our third-party risk management program. Through this program, the company seeks to identify, assess and manage risks, including cybersecurity risks, associated with our external service providers. We take a risk-based approach to conducting due diligence in the vendor onboarding process, and we may seek to leverage the use of contractual terms to further mitigate risk. We also assess aspects of our vendors&#8217; cybersecurity posture in certain circumstances. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">To date, we have not identified any risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect the Company or our business strategy, results of operations or financial condition. See &#8220;Risk Factors&#8212;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny&#8221; for further information about data protection and cybersecurity risks. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cybersecurity Governance </div></div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our management plays an active role in assessing and managing material risks from cybersecurity threats. Our Global Director of Cybersecurity and our Global Vice President of Technology Operations and Data lead efforts to identify, analyze and manage cybersecurity threats and incidents, leveraging their experience and qualifications. Our Senior Global Director of Cybersecurity has over 19 years of experience in IT and cybersecurity in the private sector, with expertise in cybersecurity engineering and architecture. During his career he has served and helped build cybersecurity capabilities at Global Fortune 100 companies in the Biotechnology and Financial Services sectors. He joined the company in 2016 and was promoted to his current role in 2025. He holds a Bachelor of Science Degree in Computer Science and Mathematics from Webster University, several advanced Cybersecurity professional certifications, and is a 2023 FBI Citizens Academy graduate. Our Global Vice President of Technology Operations and Data has over 35 years of experience in information technology and cybersecurity. He joined the company in 2005 and was promoted to his current role in 2021, which merges Technology and Data into one role focusing on the core digital capabilities that support our business transformations. He holds a Bachelor of Science degree in Chemical Engineering, a Postgraduate Degree in Marketing and a Master of Business Administration Degree from the Business School S&#227;o Paulo, among other degrees. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data are supported by a team of professionals, including both legal experts and technical professionals who are well-versed in the detection, assessment and mitigation of cybersecurity incidents and events and whose job function is dedicated, in whole or in part, to cybersecurity risk management. </div></div><div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div></div></div><div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%">We have also established a cross-functional C<div style="display:inline;">ybersecurity Disclosure Committee</div>, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">co-chaired</div> by our Global Vice President of Technology Operations and Data and a Global Legal Director, to coordinate and align on effective cybersecurity governance, assessment and reporting. The Cybersecurity Disclosure Committee also includes the Global Director of Cybersecurity and other internal technical and legal experts. The Cybersecurity Disclosure Committee assesses information on certain cybersecurity incidents including, among other things, to assist in making determinations of potential mat<div style="display:inline;">eriali</div>ty and disclosure for reporting purposes. </div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div><div style="display:inline;"></div>. </div></div><span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cyd_CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock', window );">Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]</a></td>
<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">To date, we have not identified any risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect the Company or our business strategy, results of operations or financial condition. See &#8220;Risk Factors&#8212;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny&#8221; for further information about data protection and cybersecurity risks. </div></div><span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cyd_CybersecurityRiskBoardOfDirectorsOversightTextBlock', window );">Cybersecurity Risk Board of Directors Oversight [Text Block]</a></td>
<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div><div style="display:inline;"></div>. </div></div><span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_cyd_CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock', window );">Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]</a></td>
<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div><div style="display:inline;"></div>. </div></div><span></span>
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<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%">We have also established a cross-functional C<div style="display:inline;">ybersecurity Disclosure Committee</div>, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">co-chaired</div> by our Global Vice President of Technology Operations and Data and a Global Legal Director, to coordinate and align on effective cybersecurity governance, assessment and reporting. The Cybersecurity Disclosure Committee also includes the Global Director of Cybersecurity and other internal technical and legal experts. The Cybersecurity Disclosure Committee assesses information on certain cybersecurity incidents including, among other things, to assist in making determinations of potential mat<div style="display:inline;">eriali</div>ty and disclosure for reporting purposes. </div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div><div style="display:inline;"></div>. </div></div><span></span>
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<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our management plays an active role in assessing and managing material risks from cybersecurity threats. Our Global Director of Cybersecurity and our Global Vice President of Technology Operations and Data lead efforts to identify, analyze and manage cybersecurity threats and incidents, leveraging their experience and qualifications. Our Senior Global Director of Cybersecurity has over 19 years of experience in IT and cybersecurity in the private sector, with expertise in cybersecurity engineering and architecture. During his career he has served and helped build cybersecurity capabilities at Global Fortune 100 companies in the Biotechnology and Financial Services sectors. He joined the company in 2016 and was promoted to his current role in 2025. He holds a Bachelor of Science Degree in Computer Science and Mathematics from Webster University, several advanced Cybersecurity professional certifications, and is a 2023 FBI Citizens Academy graduate. Our Global Vice President of Technology Operations and Data has over 35 years of experience in information technology and cybersecurity. He joined the company in 2005 and was promoted to his current role in 2021, which merges Technology and Data into one role focusing on the core digital capabilities that support our business transformations. He holds a Bachelor of Science degree in Chemical Engineering, a Postgraduate Degree in Marketing and a Master of Business Administration Degree from the Business School S&#227;o Paulo, among other degrees. </div></div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data are supported by a team of professionals, including both legal experts and technical professionals who are well-versed in the detection, assessment and mitigation of cybersecurity incidents and events and whose job function is dedicated, in whole or in part, to cybersecurity risk management. </div></div><span></span>
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<td class="text"><div style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We engage independent third parties on a periodic basis to assess our cybersecurity capabilities under the National Institute of Standards and Technology (&#8220;<div style="font-weight:bold;display:inline;">NIST</div>&#8221;) framework. The results of these assessments are shared with the Board of Directors, including the Audit Committee. We also engage third parties to conduct periodic penetration testing, and to provide technical assistance if needed in connection with our response to a cybersecurity incident. </div><span></span>
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<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our management plays an active role in assessing and managing material risks from cybersecurity threats. Our Global Director of Cybersecurity and our Global Vice President of Technology Operations and Data lead efforts to identify, analyze and manage cybersecurity threats and incidents, leveraging their experience and qualifications. Our Senior Global Director of Cybersecurity has over 19 years of experience in IT and cybersecurity in the private sector, with expertise in cybersecurity engineering and architecture. During his career he has served and helped build cybersecurity capabilities at Global Fortune 100 companies in the Biotechnology and Financial Services sectors. He joined the company in 2016 and was promoted to his current role in 2025. He holds a Bachelor of Science Degree in Computer Science and Mathematics from Webster University, several advanced Cybersecurity professional certifications, and is a 2023 FBI Citizens Academy graduate. Our Global Vice President of Technology Operations and Data has over 35 years of experience in information technology and cybersecurity. He joined the company in 2005 and was promoted to his current role in 2021, which merges Technology and Data into one role focusing on the core digital capabilities that support our business transformations. He holds a Bachelor of Science degree in Chemical Engineering, a Postgraduate Degree in Marketing and a Master of Business Administration Degree from the Business School S&#227;o Paulo, among other degrees. </div></div><span></span>
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<td class="text"><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%">We have also established a cross-functional C<div style="display:inline;">ybersecurity Disclosure Committee</div>, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">co-chaired</div> by our Global Vice President of Technology Operations and Data and a Global Legal Director, to coordinate and align on effective cybersecurity governance, assessment and reporting. The Cybersecurity Disclosure Committee also includes the Global Director of Cybersecurity and other internal technical and legal experts. The Cybersecurity Disclosure Committee assesses information on certain cybersecurity incidents including, among other things, to assist in making determinations of potential mat<div style="display:inline;">eriali</div>ty and disclosure for reporting purposes. </div><div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">Our Board of Directors, together with the Execu<div style="display:inline;">tiv</div>e Committee, oversees the company&#8217;s internal control and overall risk management system. Without prejudice to the responsibilities of the board as a whole and as part of its oversight of the Company&#8217;s risk management system, the Audit Committee oversees cybersecurity risk management, reviews the process by which management assesses, manages and mitigates the company&#8217;s exposure to cybersecurity risks. The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data report periodically to members of the Executive Committee and the Audit Committee. In addition, the Global Vice President of Technology Operations and Data <div style="display:inline;">reports annually to the entire Board of Directors on cybersecurity</div><div style="display:inline;"></div>. </div></div><span></span>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Corporate information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCorporateInformationExplanatory', window );">Corporate information</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1.&#8194;Corporate information </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">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). As a company, we dream big to create a future with more cheers. We are always looking to serve up new ways to meet life&#8217;s moments, move our industry forward and make a meaningful impact in the world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest ingredients. Beer is the drink for moderation, and for over a century, we have championed responsible drinking. We are committed to providing our consumers with balanced choices to enjoy on any occasion. 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Our brewing heritage dates back more than </div>600 years<div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;">, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser&#160;&amp; 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 </div>137 000<div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> employees based in <div style="display:inline;">more than</div>&#160;</div>40<div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> countries worldwide. For 2025, AB InBev&#8217;s reported revenue was </div>59.3<div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"> billion US dollar (excluding joint ventures and associates).</div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The consolidated financial statements of the company for the year ended 31&#160;December 2025 comprise the company and its subsidiaries (together referred to as &#8220;AB InBev&#8221; or the &#8220;company&#8221;) and the company&#8217;s interest in associates, joint ventures and operations. These financial statements are reported in millions, indicated as &#8220;m&#8221;, unless stated otherwise. </div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="null;text-indent: 0px;display:inline;"></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The consolidated financial statements were authorized for issue by the Board of Directors on 2 March 2026. </div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="null;text-indent: 0px;display:inline;"></div> </div><span></span>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.&#8194;Summary of significant accounting policies </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The accounting policies applied are consistent to all periods presented in these consolidated financial statements by the company and its subsidiary. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(A)&#8194;BASIS OF PREPARATION AND MEASUREMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), the cost approach is applied. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(B)&#8194;FUNCTIONAL AND PRESENTATION CURRENCY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar, which is the company&#8217;s presentation currency, and has been rounded to the nearest million. The functional currency of the parent company is the euro. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(C)&#8194;PRINCIPLES OF CONSOLIDATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subsidiaries are those entities controlled by AB&#160;InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Associates are undertakings in which AB&#160;InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB&#160;InBev&#8217;s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB&#160;InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The financial statements of the company&#8217;s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In&#160;exceptional cases&#160;when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev&#8217;s financial statements.&#160;In such cases, the difference between the end of the reporting period of&#160;these subsidiaries, joint ventures, joint operations or associates&#160;from AB InBev&#8217;s reporting period is no more than three months. Results from the company&#8217;s associates Anadolu Efes and Castel are reported on a three-month lag. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Transactions with non-controlling interests are treated as transactions with equity owners of the company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity where there is no loss of control. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB&#160;InBev&#8217;s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">A listing of the company&#8217;s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 33 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">AB&#160;InBev companies</div></div>.<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(D)&#8194;SUMMARY OF CHANGES IN ACCOUNTING POLICIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards became mandatory for the first time for the financial year beginning on 1&#160;January 2025 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev&#8217;s consolidated financial statements. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(E)&#8194;FOREIGN CURRENCIES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign currency transactions </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the reporting date. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing at the date of the transaction or, for those stated at fair value, at the dates the fair value was determined. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation of the results and financial position of foreign operations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the reporting date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders&#8217; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#8217; equity to US dollar at period-end exchange rates are taken to other comprehensive income (translation reserves). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Financial Reporting in hyperinflationary economies </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In May 2018, the Argentine peso underwent a severe devaluation, causing Argentina&#8217;s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as of 2018, as prescribed by IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial Reporting in Hyperinflationary Economies</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Under IAS 29, non-monetary assets and liabilities stated at historical cost, equity and income statements of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency, applying a general price index. These re-measured accounts are used for conversion into US dollar at the period closing exchange rate. As a result, the statement of financial position and net results of subsidiaries operating in hyperinflation economies are stated in terms of the measuring unit current at the end of the reporting period. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The 2025 results, restated for purchasing power, were translated at the December 2025 closing rate of 1459.80 Argentine pesos per US dollar (2024 results were translated at the December 2024 closing rate of 1032.79 Argentine pesos per US dollar). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exchange rates </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most important exchange rates that have been used in preparing the financial statements are: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">1 US dollar equals:</div></div> </td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 459.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 032.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">808.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.50</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6.19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.84</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.60</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.36</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.01</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.33</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.35</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.00</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.30</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.21</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 749.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 415.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 818.47</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 063.86</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 077.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 284.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.85</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.96</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.90</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19.28</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.73</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Peruvian sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.71</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.57</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.75</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.78</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.55</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.88</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.24</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 444.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 474.05</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 296.53</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 421.70</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 355.26</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 309.12</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(F)&#8194;INTANGIBLE ASSETS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Research and development </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy N). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Supply and distribution rights </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brands </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Software </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other intangible assets </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization related to multi-year sponsorship rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Subsequent expenditure </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company has a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 10 years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy N). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gains and losses on sale </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(G)&#8194;BUSINESS COMBINATIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company&#8217;s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs are expensed as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If the business combination is achieved in stages, the acquisition date carrying value of AB InBev&#8217;s previously held interest in the acquiree is re-measured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognized in profit or loss. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(H)&#8194;GOODWILL </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Goodwill is determined as the excess of the consideration paid over AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In conformity with IFRS 3 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Business Combinations</div></div>, goodwill is stated at cost and not amortized but tested for impairment on an annual basis and whenever there is an indicator that the cash generating unit to which goodwill has been allocated, may be impaired (refer to accounting policy N). Goodwill is expressed in the currency of the subsidiary to which it relates and is </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">translated to US dollar using the year-end exchange rate. In respect of associates, the carrying amount of goodwill is included in the carrying amount of the investment in the associate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations. Expenditure on internally generated goodwill is expensed as incurred. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(I)&#8199;PROPERTY, PLANT AND EQUIPMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy N). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">self-constructed</div> asset is determined using the same principles as for an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, annually. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Subsequent expenditure </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The estimated useful lives are defined in terms of the asset&#8217;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Industrial buildings &#8211; other real estate properties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20&#8201;-&#8201;50&#160;years&#8195;&#8195;&#8195;&#8194;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Production plant and equipment:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Production equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Storage, packaging and handling equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 7 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Returnable packaging:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Kegs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Crates</div></div> </td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Bottles</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 5 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Point of sale furniture and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cars</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trucks</div></div> </td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Information processing equipment (hardware)</div></div> </td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 - 10 years</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Land is not depreciated as it is deemed to have an indefinite life. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gains and losses on sale </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(J)&#8194;LEASES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">The company as lessee </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use asset and a corresponding lease liability with respect to all lease agreements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets. For these </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">leases, the company recognizes the lease payments as an operating expense on a straight-line basis over the term of the lease, and payments for these leases are presented in cash flow from operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use asset and are recognized as an expense in the income statement in the period in which the event or condition that triggers those payments occurs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use asset. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses. The right-of-use assets are depreciated starting at the commencement date over the shorter period of useful life of the underlying asset and lease term (refer to accounting policies I and N). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease liability is presented in the &#8216;Interest-bearing loans and borrowings&#8217; line and the right-of-use assets are presented in the &#8216;Property, plant and equipment&#8217; line in the consolidated statement of financial position. In addition, the principal portion of the lease payments is presented within financing activities and the interest component is presented within operating activities in the consolidated cash flow statement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">The company as lessor </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(K)&#8194;INVENTORIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are written down on a case-by-case basis if the anticipated net realizable value declines below the carrying amount of the inventories. The calculation of the net realizable value takes into consideration specific characteristics of each inventory category, such as expiration date, remaining shelf life, slow-moving indicators, amongst others. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(L)&#8194;TRADE AND OTHER RECEIVABLES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days. Trade receivables are recognized initially at the amount of the consideration that is unconditional unless they contain significant financing components, when they are recognized at the amount adjusted for the time value of money. The company holds trade and other receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. </div></div>  <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(M)&#8199;CASH AND CASH EQUIVALENTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(N)&#8199;IMPAIRMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each reporting date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset&#8217;s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Calculation of recoverable amount </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The recoverable amount of non-financial assets is determined as the higher of their fair value less costs to sell and value in use. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. The recoverable amount of the cash generating units to which the goodwill and the intangible assets with indefinite useful life belong is based on discounted future cash flows using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. These calculations are corroborated by valuation multiples, quoted share prices for publicly traded subsidiaries or other available fair value indicators. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Reversal of impairment losses </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at each reporting date. An impairment loss is reversed only to the extent that the asset&#8217;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(O)&#8199;FAIR VALUE MEASUREMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of AB InBev&#8217;s accounting policies and notes require fair value measurement for both financial and non-financial items. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies fair value measurement to the instruments listed below. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Derivatives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter derivatives is determined by commonly used valuation techniques. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Debt securities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Equity securities designated at FVOCI </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-derivative financial liabilities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of non-derivative financial liabilities is generally determined using unobservable inputs and therefore fall into level 3. In these circumstances, the valuation technique used is discounted cash flow, whereby the projected cash flows are discounted using a risk adjusted rate. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(P)&#8199;SHARE CAPITAL </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Repurchase of share capital </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. The difference between the carrying value of the treasury shares issued to employees and their fair value is recognized in retained earnings. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Dividends </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by&#160;local legislation or the bylaws of&#160;the company&#8217;s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share issuance costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Q)&#8199;PROVISIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions are recognized when (i)&#160;the company has a present legal or constructive obligation as a result of past events, (ii)&#160;it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii)&#160;a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Onerous contracts </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Disputes and Litigations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(R)&#8199;PENSION AND SIMILAR OBLIGATIONS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment benefits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">a) Defined contribution plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">b) Defined benefit plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the statement of financial position are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, comprising of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. Re-measurements are not reclassified to profit or loss in subsequent periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other post-employment obligations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Some of AB InBev&#8217;s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Termination benefits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Bonuses </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Bonuses received by company employees and management are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period the bonus is earned. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(S)&#8199;SHARE-BASED PAYMENTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using a binomial Hull model, modified to reflect the IFRS 2 requirement that assumptions about forfeiture before the end of the vesting period cannot impact the fair value of the option. The fair value of the Restricted Stock Units (&#8220;RSUs&#8221;) is the share price at grant </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">date. The fair value of the Performance Stock Units (PSUs) with a market condition (relative Total Shareholder Return (&#8220;TSR&#8221;)) is determined using Monte Carlo simulations. The fair value of the options, RSUs and PSUs granted is expensed over the vesting period based on the expected number of options that will vest. When the options are exercised, equity is increased by the amount of the proceeds received. When the share-based payment programs are vested, they are settled net of tax withholdings. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(T)&#8199;INTEREST-BEARING LOANS AND BORROWINGS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings are recognized initially at fair value, less attributable transaction costs. Subsequent to initial recognition, interest-bearing loans and borrowings are stated at amortized cost with any difference between the initial amount and the maturity amount being recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company has long-term loan agreements with foreign subsidiaries, denominated in foreign currency, the settlement of which is neither planned nor likely to occur in the foreseeable future. In accordance with IAS 21 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">The Effects of Changes in Foreign Exchange Rates</div></div>, the exchange differences on retranslation of these loans are recognized in other comprehensive income in the consolidated financial statements. If the loan becomes planned or likely to be settled in the foreseeable future, the related foreign currency differences are recognized in profit or loss. In the event of partial settlement, only the foreign currency differences corresponding to the settled portion are reclassified to the profit or loss of the period in exceptional finance income/(expense). </div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(U)&#8199;TRADE AND OTHER PAYABLES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(V)&#8199;INCOME TAX </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax on the profit for the year comprises current and deferred tax. Income tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity, in which case the tax effect is also recognized directly in equity. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted, or substantively enacted, at the reporting date, and any adjustment to tax payable in respect of previous years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In accordance with IAS 12 Income Taxes deferred taxes are provided using the so-called balance sheet liability method. This means that, for all taxable and deductible differences between the tax bases of assets and liabilities and their carrying amounts in the statement of financial position a deferred tax liability or asset is recognized. Under this method a provision for deferred taxes is also made for differences between the fair values of assets and liabilities acquired in a business combination and their tax base. IAS 12 prescribes that no deferred taxes are recognized (i)&#160;on initial recognition of goodwill, (ii)&#160;at the initial recognition of assets or liabilities in a transaction that is not a business combination and affects neither accounting nor taxable profit and (iii)&#160;on differences relating to investments in subsidiaries to the extent that they will probably not reverse in the foreseeable future and to the extent that the company is able to control the timing of the reversal. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using currently or substantively enacted tax rates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company recognizes deferred tax assets, including assets arising from losses carried forward, to the extent that future probable taxable profit will be available against which the deferred tax asset can be utilized. A deferred tax asset is reduced to the extent that it is no longer probable that the related tax benefit will be realized. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company has administrative and judicial discussions with tax authorities related to certain tax treatments adopted when calculating the income tax and social contribution, in particular in Brazil. As required by IFRIC 23, the company assesses each material tax position. When the company assesses that it is probable that the tax authorities will accept the tax treatments adopted, income taxes are calculated and reported consistently with the tax treatment used. The company discloses the potential effect of material uncertainties as a tax-related contingency in Note 29<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Contingencies</div></div>. When the company concludes that it is not probable that a particular tax treatment is accepted, the company generally uses the most likely amount of the tax treatment when determining the tax provision to be recorded. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company presents income tax provisions in income tax liabilities. 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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Identification of the contracts with a customer </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Identification of the performance obligations in the contracts </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Determination of the transaction price </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Allocation of the transaction price to the performance obligations in the contracts </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue recognition when performance obligations are satisfied </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, the company estimates the amount of consideration to which it will be entitled in exchange for transferring the promised goods or services to the customer. 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Grants that compensate the company for expenses incurred are recognized as other operating income on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the company for the acquisition of an asset are presented by deducting them from the acquisition cost of the related asset. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Finance income </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Finance income comprises interest received or receivable on funds invested, dividend income, foreign exchange gains, losses on currency hedging instruments offsetting currency gains, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial assets measured at FVPL as well as any gains from hedge ineffectiveness (refer to accounting policy Y). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income is recognized as it accrues (taking into account the effective yield on the asset) unless collectability is in doubt. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Dividend income </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividend income is recognized in the income statement on the date that the dividend is declared. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Tax credits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2020, Ambev, our subsidiary in Brazil, recognized tax credits in other operating income after a favorable judicial decision by the Brazilian Supreme Court, which recognized the right to exclude the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenue (PIS and COFINS). The tax credits are reported in other operating income when the conditions in IAS 37 are met and the related interest in finance income. </div></div>  <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(X)&#8199;EXPENSES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Finance costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Finance costs comprise interest payable on borrowings, calculated using the effective interest rate method, foreign exchange losses, gains on currency hedging instruments offsetting currency losses, results on interest rate hedging instruments, losses on hedging instruments that are not part of a hedge accounting relationship, losses on financial assets classified as trading, impairment losses on financial assets as well as any losses from hedge ineffectiveness (refer to accounting policy Y). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All interest costs incurred in connection with borrowings or financial transactions are expensed as incurred as part of finance costs. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowings, such as transaction costs and fair value adjustments, are recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis (refer to accounting policy T). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The interest expense component of lease payments, the unwind of discounts on payables and the interest on provisions are recognized in the income statement as accretion expense using the effective interest rate method. Net interest on pension obligations is determined using the appropriate discount rate and is recognized in the income statement as accretion expense (refer to accounting policy R). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Research and development, advertising and promotional costs and systems development costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Research, advertising and promotional costs are expensed in the year in which these costs are incurred. Development costs and systems development costs are expensed in the year in which these costs are incurred if they do not meet the criteria for capitalization (refer to accounting policy F). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Purchasing, receiving and warehousing costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Purchasing and receiving costs are included in the cost of sales, as well as the costs of storing and moving raw materials and packaging materials. The costs of storing finished products at the brewery as well as costs incurred for subsequent storage in distribution centers are included within distribution expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Emission allowances </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company is subject to greenhouse gas emission allowance trading schemes in force in a number of geographies. Acquired emission allowances are recognized at cost in cost of sales. To the extent that it is expected that the number of allowances needed to settle the greenhouse gas emissions exceeds the number of emission allowances owned, a provision is recognized. Such provision is measured at the estimated amount of the expenditure required to settle the obligation. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Y)&#8199;FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev uses derivative financial instruments to mitigate the transactional impact of foreign currencies, interest rates, equity prices and commodity prices on the company&#8217;s performance. 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Debt financial instruments are subsequently measured at amortized cost, FVOCI or FVPL. The classification is based on two criteria: the objective of the company&#8217;s business model for managing the assets; and whether the instruments&#8217; contractual cash flows represent &#8216;solely payments of principal and interest&#8217; on the principal amount outstanding (the &#8216;SPPI criterion&#8217;). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The classification and measurement of the company&#8217;s financial assets is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Debt instruments at amortized cost:</div></div> comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#8217;s business model is to collect contractual cash flows. Interest income, foreign exchange gains and losses and any impairment charges for such instruments are recognized in profit or loss. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Debt instruments at FVOCI with gains or losses recycled to profit or loss on derecognition: </div></div>comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#8217;s business model is achieved by both collecting contractual cash flows and selling financial assets. Interest income, </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 6%;">&#160;</td>
<td style="vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">foreign exchange gains and losses and any impairment charges on such instruments are recognized in profit or loss. All other fair value gains and losses are recognized in other comprehensive income. On disposal of these debt securities, any related balance within FVOCI reserve is reclassified to profit or loss. </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition</div></div>: the company designates these investments on an instrument-by-instrument basis as equity securities at FVOCI because they represent investments held for long term strategic purposes. When cost does not provide an appropriate estimate of fair value, investments in unquoted companies are subsequently measured at fair value using discounted cash flow methods. These investments are not subject to impairment testing and upon disposal, the cumulative gain or loss accumulated in other comprehensive income are not reclassified to profit or loss. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial assets and liabilities at FVPL</div></div>: comprise derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments which do not meet the cash flow or the business model tests. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company designates certain derivatives as hedging instruments to hedge the variability in cash flows associated with highly probable forecast transactions arising from changes in foreign exchange rates, interest rates and commodity prices. To hedge changes in the fair value of recognized assets, liabilities and firm commitments, the company designates certain derivatives as part of fair value hedge. The company also designates certain derivatives and non-derivative financial liabilities as hedges of foreign exchange risk on a net investment in a foreign operation. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">At the inception of the hedging relationships, the company documents the risk management objective and strategy for undertaking the hedge. Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. Possible sources of ineffectiveness are changes in the timing of the forecasted transaction, changes in the quantity of the hedged item or changes in the credit risk of either party to the derivative contract. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Cash flow hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedge accounting is applied when a derivative hedges the variability in cash flows of a highly probable forecasted transaction, foreign currency risk of a firm commitment or a recognized asset or liability (such as variable interest rate instrument). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When the hedged forecasted transaction or firm commitment subsequently results in the recognition of a non-financial item, the amount accumulated in the hedging reserves is included directly in the initial carrying amount of the non-financial item when it is recognized. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For all other hedged transactions, the amount accumulated in the hedging reserves is reclassified to profit or loss in the same period during which the hedged item affects profit or loss (e.g., when the variable interest expense is recognized). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a hedging instrument or hedge relationship is terminated but the hedged transaction is still expected to occur, the cumulative gain or loss (at that point) remains in equity and is reclassified to profit or loss when the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Any ineffectiveness is recognized immediately in profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair value hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. The fair value adjustment to the carrying amount of the hedged item is amortized to profit or loss from the date of discontinuation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net investment hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a non-derivative foreign currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability to the functional currency are recognized directly in other comprehensive income (translation reserves). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or the loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves) and is reclassified to profit or loss upon disposal of the foreign operation, while the ineffective portion is reported in profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Offsetting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Financial assets and financial liabilities are offset, and the net amount presented in the statement of financial position when, and only when, the company has a current legally enforceable right to set off the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Derecognition </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A financial asset is primarily derecognized (i.e., removed from the Group&#8217;s consolidated statement of financial position) when the rights to receive cash flows from the asset have expired or the Group has transferred its rights to receive cash flows from the asset. A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expires. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Z)&#8199;SEGMENT REPORTING </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Operating segments are components of the company&#8217;s business activities about which separate financial information is available that is evaluated regularly by senior management. The company has six operating segments. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s operating segment reporting format is geographical because the company&#8217;s risks and rates of return are affected predominantly by the fact that AB InBev operates in different geographical areas. The company&#8217;s management structure and internal reporting system to the Board of Directors is set up accordingly. The company&#8217;s five geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management&#8217;s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being commonly reported regions amongst the company&#8217;s peers), as well as management&#8217;s view on the optimal balance between practical and more granular information. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The results of Global Export and Holding Companies, which includes the company&#8217;s global headquarters, some non-beverage related businesses and the export businesses in countries in which AB InBev has no operations are reported separately. The company&#8217;s five geographic regions plus the Global Export and Holding Companies comprise the company&#8217;s six reportable segments for financial reporting purposes. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(AA)&#8195;EXCEPTIONAL ITEMS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 3pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items are those that in management&#8217;s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments or business activities and the effect of the accelerated repayment of certain debt facilities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB are reported in exceptional finance income/(expense). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The impact of income tax on the exceptional items is calculated country-by-country and is included in exceptional taxes (Refer to Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>). </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>  <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(BB)&#8195;DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev classifies a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use if all of the conditions of IFRS 5 are met. A disposal group is defined as a group of assets to be disposed of, by sale or otherwise, together as a group in a single transaction, and liabilities directly associated with those assets that will be transferred. Immediately before classification as held for sale, the company measures the carrying amount of the asset (or all the assets and liabilities in the disposal group) in accordance with applicable IFRS. Then, on initial classification as held for sale, non-current assets and disposal groups are recognized at the lower of carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale are included in profit or loss. The same applies to gains and losses on subsequent re-measurement. Non-current assets classified as held for sale are no longer depreciated or amortized. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(CC)&#8195;RECENTLY ISSUED IFRS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31&#160;December 2025. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following standards, amendments and interpretations have been issued recently, but are not yet effective: </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 &#8211; Presentation and Disclosures in Financial Statements </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;">In April 2024, the IASB issued IFRS 18 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation and Disclosures in Financial Statements</div></div>, which replaces IAS&#160;1 and introduces new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. IFRS 18 is effective for annual reporting periods beginning on or after 1&#160;January 2027, with earlier application permitted. The standard is to be applied retrospectively. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, its impact on the presentation of the primary financial statements and the related disclosures is expected to be significant. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 introduces new requirements to: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">present specified categories, with the introduction of new operating, investing and financing categories, and defined subtotals in the income statement; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">strengthen the principles of aggregation and disaggregation across primary statements and notes. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company anticipates that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company does not intend to early adopt IFRS 18 and is currently reviewing the impact on its consolidated financial statements. The company assessed that the main presentation change will be the reclassification of foreign exchange gains and losses and gains and losses on certain hedging instruments from finance income and expense per IAS 1 to operating profit per IFRS 18, when the underlying exposure being remeasured or hedged, relates to operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards are effective for annual periods beginning after 1&#160;January 2026 and have not been discussed either because of their non-applicability or immateriality to AB InBev&#8217;s consolidated financial statements. </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 176<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_176&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Use of estimates and judgments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfUseOfEstimatesAndJudgmentsExplanatory', window );">Use of estimates and judgments</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4.&#8199;Use of estimates and judgments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or, if the revision affects both current and future periods, in the period of the revision and future periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Although each of its significant accounting policies reflects judgments, assessments or estimates, AB&#160;InBev believes that the following accounting policies reflect the most critical judgments, estimates and assumptions that are important to its business operations and understanding results: business combinations, intangible assets, goodwill, impairment, provisions, share-based payments, employee benefits and accounting for current and deferred tax. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair values of acquired identifiable intangibles are based on an assessment of future cash flows. Impairment analyses of goodwill and indefinite-lived intangible assets are performed annually and whenever a triggering event has occurred, in order to determine whether the carrying value exceeds the recoverable amount. These calculations are based on estimates of future cash flows. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company uses its judgment to select a variety of methods including the discounted cash flow method and option valuation models and makes assumptions about the fair value of financial instruments that are mainly based on market conditions existing at each reporting date. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial assumptions are established to anticipate future events and are used in calculating pension and other long-term employee benefit expenses and liabilities. 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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure about the use of estimate and judgements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment reporting<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5.&#8194;Segment reporting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Segment information is presented by geographical segments, consistent with the information available to and regularly evaluated by the chief operating decision maker. AB InBev operates its business through six business segments. Regional and operating company management is responsible for managing performance, underlying risks, and the effectiveness of operations. Internally, AB InBev&#8217;s management uses profit from operations as a measure of segment performance which forms part of the basis for many of the company&#8217;s segment performance indicators to make decisions regarding the allocation of resources. The organizational structure comprises five regions: North America, Middle Americas, South America, EMEA and Asia Pacific. In addition to these five geographic regions, the company uses a sixth segment, Global Export and Holding Companies, for all financial reporting purposes. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All figures in the table below are stated in million US dollar, except volume (million hls). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Volume</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">83</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">150</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">150</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">149</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">155</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">161</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">162</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">94</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">79</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">84</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14 207</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14 655</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 072</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 376</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 072</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16 348</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 954</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 423</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 040</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 502</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 003</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 589</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 693</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 196</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 824</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Profit&#160;from&#160;operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 747</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 350</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 607</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 382</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 809</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 201</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 909</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 012</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 838</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 022</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 765</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 461</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 222</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 451</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Segment&#160;assets&#160;(non-current)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 445</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 837</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62 436</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73 560</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66 567</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">74 142</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 764</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12 820</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14 791</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30 845</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 951</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29 302</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 964</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 952</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 980</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Gross capex&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">391</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">436</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">495</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">921</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 164</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 368</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">660</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">702</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">830</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">668</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">906</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">307</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">379</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">498</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">FTE</div></div> </td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 449</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 492</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17 950</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43 085</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">45 630</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">48 069</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32 931</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34 639</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36 267</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19 264</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19 979</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 011</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20 908</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 483</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 992</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 36pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 36pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="clear: both; max-height: 0px; text-indent: 0px;"></div>
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<tr>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;">Global&#160;Export&#8201;and&#160;Holding</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;">Companies</div> </td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB&#160;InBev&#160;Worldwide</div></div></div></td>
<td style="vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1pt">
<td style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td>
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<td colspan="4" style="height:0.75pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1pt">
<td colspan="25" style="height:1.5pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">.</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Volume</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">561</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">576</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">585</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Revenue</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">588</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">418</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">508</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 320</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 768</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 380</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="height: 1.5pt; white-space: nowrap;"></td>
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<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit from operations</div> </td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 666)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 671)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 592)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 405</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 487</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 966</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Net finance income/(expense)</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 102)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Share of results of associates</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">378</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">329</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">295</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Exceptional share of results of associates</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(35)</div></td>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Income tax expense</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 850)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 152)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 234)</div></td>
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<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 477</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 416</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 891</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td colspan="25" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">.</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"></div> </td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Segment assets (non-current)&#185;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 461</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 511</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 323</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">194 039</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">183 637</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">195 973</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Gross capex&#185;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">628</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">513</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">540</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 656</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 863</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 638</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">FTE</div> </td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 168</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 662</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 251</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">136 805</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">143 885</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">154 540</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">For the year ended 31&#160;December 2025, net revenue from the beer business amounted to 53 050m US dollar (2024<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">1</div>: 53 655m US dollar; 2023<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">1</div>: 53 865m US dollar) while the net revenue from the non-beer business (including primarily soft drinks, spirits-based beverages and energy drinks) accounted for 6 269m US dollar (2024<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">1</div>: 6 114m US dollar; 2023<div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px">1</div>: 5 515m US dollar). Additionally, for 2025, net revenue from the company&#8217;s business in the United States amounted to 12 376m US dollar (2024: 12 792m US dollar; 2023: 13 168m US dollar) and net revenue from the company&#8217;s business in Brazil amounted to 8 766m US dollar (2024: 9 063m US dollar; 2023: 9 257m US dollar).</div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">On the same basis, net revenue from external customers attributable to AB InBev&#8217;s country of domicile (Belgium) represented 696m US dollar (2024: 692m US dollar; 2023: 606m US dollar) and non-current assets located in the country of domicile represented 2 221m US dollar (2024: 2 331m US dollar; 2023: 2 341m US dollar). </div> <div style="font-size:48pt;margin-top:0pt;margin-bottom:0pt">&#160;</div> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%">&#160;</div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:Arial;text-align:justify"><div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</div> <span></span>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government grants</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">384</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">374</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">License income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">206</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">168</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">194</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">808</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">779</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">778</div></div></div></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Exceptional items<br></strong></div></th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(116)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(156)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(142)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Business and asset disposals (including impairment losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">181</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(397)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Claims and legal costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(53)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(85)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs (business combinations)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impact on profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(449)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(624)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(185)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(995)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(35)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">156</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional non-controlling interest</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact on profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(499)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 062)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(614)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring charges</div></div> for the year ended 31&#160;December 2025 amounted to (116)m US dollar (31 December 2024: (156)m US dollar; 31&#160;December 2023: (142)m US dollar). These charges primarily relate to organizational alignments as a result of operational improvements across our supply chain and our commercial and support functions. These changes aim to eliminate overlapping organizations or duplicated processes, taking into account the matching of employee profiles with new organizational requirements. These one-time expenses provide the company with a lower cost base and bring a stronger focus to AB InBev&#8217;s core activities, quicker decision-making and improvements <div style="letter-spacing: 0px; top: 0px;display:inline;">to</div> efficiency, service and quality. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Business and asset disposals (including impairment losses)</div></div> amounted to (274)m US dollar net loss for the year ended 31&#160;December 2025, mainly comprising of a loss of (214)m US dollar related to the planned sale of the Newark brewery and the closure of two other breweries in the United States and (60)m US dollar net loss related to the disposal of assets held for sale in Barbados and other Caribbean islands and the sale and impairment of non-core assets. Business and asset disposals (including impairment losses) amounted to 181m US dollar income for the year ended 31&#160;December 2024 mainly comprising of a gain of 437m US dollar recognized upon the sale of our share in associate Ghost Beverages LLC, partially offset by impairment losses of intangible assets and other non-core assets sold in the <div style="letter-spacing: 0px; top: 0px;display:inline;">period</div>. See also Note 16 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates. </div></div>Business and assets disposals (including impairment losses) amounted to (397)m US dollar for the year ended 31&#160;December 2023, mainly comprising of a loss of (300)m US dollar the company recognized upon disposal of a portfolio of eight beer and beverage brands and associated assets in the US to Tilray Brands, Inc. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Claims and legal costs</div></div> amounted to (53)m US dollar for the year ended 31&#160;December 2025. Oriental Brewery Co., Ltd. (&#8220;OB&#8221;), a subsidiary in South Korea, reported a (66)m US dollar exceptional expense relating <div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">to</div> a customs audit claim in the 2023 Financial Statements. During the year ended 31&#160;December 2025, OB recorded (49)m US dollar exceptional expenses related to these customs audit claims for remaining audit periods. During the year ended 31&#160;December 2023, the company<div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div><div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;">also</div> recorded&#160;legal costs of (19)m US dollar related to the successful outcome of a series of lawsuits regarding Ambev warrants. See also Note 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"><div style="font-style:italic;display:inline;">Contingencies</div></div>.<div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional net finance expense</div></div> amounted to (185)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: net finance expense of (995)m US dollar; 31&#160;December 2023: net finance expense of (69)m US dollar ) &#8211; see Note 11<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Finance expense and income</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional share of results of associates</div></div> amounted to 9m US dollar related to the company&#8217;s associate Anadolu Efes for the year ended 31&#160;December 2025 (31 December 2024: 104m US dollar from Anadolu Efes&#8217; adoption of IAS 29 hyperinflation accounting on their 2023 results; 31&#160;December 2023: (35)m US dollar) &#8211; see Note 13 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">All the amounts referenced above are before income taxes. <div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional taxes</div></div> amounted to 156m US dollar (decrease of income taxes) for the year ended 31&#160;December 2025, and mainly included 66m US dollar exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the income tax on exceptional items. Exceptional taxes amounted to (205)m US dollar (increase of income taxes) for the year ended 31&#160;December 2024 and mainly included the net impact of (240)m US dollar exceptional tax expense (<div style="letter-spacing: 0px; top: 0px;display:inline;">4.5</div> billion South African rand) following the resolution of South African tax matters (see Note 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Contingencies)</div></div>, the income tax on exceptional items and the release of tax provisions. Exceptional taxes amounted to 84m US dollar (decrease of income taxes) <div style="letter-spacing: 0px; top: 0px;display:inline;">for</div> the year ended 31&#160;December 2023. See also Note 12 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Income taxes</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Non-controlling interest</div></div> on the exceptional items amounted to (30)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: 9m US dollar; 31&#160;December 2023: 30m US dollar). </div>  <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>  <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div>  <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <span></span>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Payroll and related benefits<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory', window );">Payroll and related benefits</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9.&#8199;Payroll and related benefits </div></div></div></div>  <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Wages and salaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 393)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 285)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 164)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Social security contributions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(797)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(770)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(804)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other personnel cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(702)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(683)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(689)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payment expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(625)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(644)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(570)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined contribution plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(183)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined benefit plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Payroll and related benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 835)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 715)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 544)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The number of full-time equivalents can be split as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev NV/SA (parent company)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">229</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">136 587</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">143 656</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">154 304</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total number of FTE</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">136 805</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">143 885</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">154 540</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfPayrollAndRelatedBenefitsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for payroll and related benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Additional information on operating expenses by nature<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10. Additional information on operating expenses by nature </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment charges are included in the following line items of the consolidated income statement: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2025</div></div> </td>
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<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 949)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(121)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(333)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(256)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(480)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(266)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(288)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(114)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(267)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 882)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 029)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(740)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2024&#185;</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 105)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(82)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(32)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(135)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(336)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(379)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(276)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(315)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(421)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(49)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 875)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(893)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(776)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 095)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(75)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(33)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(351)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(291)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(260)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(318)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(401)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(137)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 843)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(774)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(795)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform the 2025 presentation. </div></div> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfOperatingExpenseByNatureExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of operating expenses by nature.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance expense and income<br></strong></div></th>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 194)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 696)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">511</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">591</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">565</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
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<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income on Brazilian tax credits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">142</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">168</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net interest income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 566)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 704)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 963)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(747)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(722)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(808)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(89)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(90)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense and interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(821)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(811)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(898)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net foreign exchange gains/(losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(386)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(147)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(353)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net gains/(losses) on hedging instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(310)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(312)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(613)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Bank fees, taxes and other financial expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(221)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(392)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(231)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial results</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(893)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(843)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 172)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense) excluding exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 280)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 033)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Exceptional finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(185)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(995)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 465)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 353)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 102)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2025, accretion expense included the unwind of discount on payables of 423m US dollar (2024: 441m US dollar; 2023: 480m US dollar), interest on lease liabilities of 144m US dollar (2024: 142m US dollar; 2023: 156m US dollar), bond fees and interest on provisions of 152m US dollar (2024: 116m US dollar; 2023: 116m US dollar), and deferred consideration on acquisitions of 29m US dollar (2024: 23m US dollar; 2023: 54m US dollar).</div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Interest expense is presented net of the impact of interest rate derivatives used to hedge AB InBev&#8217;s interest rate risk. Information on these instruments, as well as on net foreign exchange gains/(losses) and net gains/(losses) on hedging instruments, can be found in Note 27<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Risks arising from financial instruments</div></div>. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional finance income/(expense) included: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">(213)m US dollar loss resulting from mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB (2024: (1 211)m US dollar loss; 2023: (325)m US dollar loss); </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">28m US dollar gain related to the completion of tender offers of notes issued by the company and certain of its subsidiaries (2024: 263m US dollar gain; 2023: 239m US dollar gain); and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">(66)m US dollar loss resulting from the impairment of financial investments and 18m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions, in 2024 (2023: 17m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income arises from the following financial assets: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">463</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">559</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">537</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in debt securities held for trading</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other loans and receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">511</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 349</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 828</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">78</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 923</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Origination and reversal of temporary differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">614</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">482</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(193</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(171</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax (expense)/income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">420</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">311</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">689</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total income tax expense in the income statement</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 850</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 152</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 234</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) before tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 328</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 568</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 124</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">378</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">329</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">295</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(35)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before tax and before share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 941</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 134</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 864</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments to the tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government incentives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(149)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(376)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(756)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-deductible/(non-taxable) mark-to-market on derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">213</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 211</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">325</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other expenses not deductible for tax purposes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 263</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 666</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 521</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-taxable income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(733)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(560)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(647)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjusted tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 534</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 074</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 306</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate weighted nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.9%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.4%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27.5%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax at aggregated nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 098)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 183)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 558)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments on tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(193)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(171)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Underprovided)/overprovided in prior years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">78</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(211)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(95)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from interest on equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">252</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">781</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from goodwill and other tax deductions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">642</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">723</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">466</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Withholding taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(497)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(559)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other tax adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(49)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(62)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(105)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 850)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 152)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 234)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effective tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.1%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31.1%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25.2%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total income tax expense for 2025 amounted to (2 850)m US dollar compared to (3 152)m US dollar for 2024, and (2 234)m US dollar for 2023. The effective tax rate was 26.1% for 2025 compared to 31.1% for 2024 and 25.2% for 2023.</div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The 2023, 2024 and 2025 effective tax rates were negatively impacted by non-deductible losses from derivatives related to hedging of share-based payment programs and hedging of the shares issued in a transaction related to the combination with Grupo Modelo and SAB. Furthermore, the 2025 effective tax rate included 156m US dollar of exceptional tax income, mainly reflecting 66m US dollar exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the tax income on exceptional items. In comparison, the 2024 effective tax rate included (205)m US dollar exceptional tax expense, reflecting mainly the net impact of a (240)m US dollar (4.5 billion South African rand) resolution of South African tax matters, the income tax on exceptional items and the release of tax provisions (refer to Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>). </div> <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Effective 1&#160;January 2024, the company and its subsidiaries are within the scope of the OECD Pillar Two model rules either based on the adoption of Pillar Two legislation by Belgium, the jurisdiction in which the parent entity is incorporated, or by other jurisdictions where the company operates. The company assessed the impact for 2024 and 2025 and concluded the impact to be not material. </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company benefits from tax exempted income and tax credits which are expected to continue in the future. The company does not have significant benefits coming from low tax rates in any particular jurisdiction. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes were directly recognized in other comprehensive income as follows: </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(48)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences, cash flow and net investment hedges</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(54)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr></table><span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, plant and equipment<br></strong></div></th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 368</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 295</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment leased (right-of-use assets)</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 297</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 209</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total property, plant and equipment</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23 664</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23 503</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr></table> <div style="clear: both; max-height: 0px;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 90%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and<br/> buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Plant and<br/> equipment,<br/> fixtures&#160;and<br/> fittings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Under<br/> construction</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 325</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 056</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 166</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">51 547</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">54 522</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">808</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 764</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 669</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">878</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 833</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 744</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 989</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(258)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 644)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">331</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 452</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 085)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 698</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">724</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 229</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">42 747</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">56 987</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">51 547</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation and impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 018)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(25 235)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 252)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 430)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 765)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 082)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 367</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 944)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 329)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 518)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">243</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 329</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 572</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 121</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(66)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(390)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(456)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(247)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(204)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 886)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 090)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(550)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 743)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(29 876)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(35 619)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 252)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 307</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 821</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 166</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 295</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 295</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 486</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 871</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 368</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table> <div style="clear: both; max-height: 0px;"></div><div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025 and 2024 there were no significant restrictions on title on property, plant and equipment. </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Contractual commitments to purchase property, plant and equipment amounted to 171m US dollar as of 31&#160;December 2025 compared to 257m US dollar as of 31&#160;December 2024.</div></div><div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s net capital expenditures in the statement of cash flow amounted to 3 552m US dollar in 2025 compared to 3 735m US dollar in 2024. Out of the total 2025 capital expenditures approximately 26% was used to improve the company&#8217;s production facilities while 50% was used for logistics and commercial investments and 24% for the purchase of hardware and software and improving administrative capabilities. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment leased by the company (right-of-use assets) is detailed as follows: </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Machinery,<br/> &#8195;equipment&#160;and<br/> other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying amount at 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 505</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">795</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 298</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation for the year ended 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(425)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(742)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying amount at 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 443</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">766</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 209</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation for the year ended 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(433)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(349)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(782)</div></div></div></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for property, plant and equipment.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Goodwill<br></strong></div></th>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfGoodwillExplanatory', window );">Goodwill</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14. Goodwill </div></div></div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">112 637</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">119 302</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 634</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 082)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers (to)/from other assets categories&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(164)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">169</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">425</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120 276</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">112 637</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 158)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 259)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(209)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">101</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 368)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt;"></td>
<td colspan="4" style="height: 1.5pt;"></td>
<td colspan="4" style="height: 1.5pt;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117 908</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">110 479</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The carrying amount of goodwill was allocated to the different cash-generating units as follows: </div></div><div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. </div></div><div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8226; Amended to conform to the 2025 presentation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: center;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td style="width:96%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size:1pt">
<td style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Million US dollar</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1px; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">United States</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33 330</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33 387</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of North America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 959</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 864</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 819</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12 250</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Colombia</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 277</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 821</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Middle Americas</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 465</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 205</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Brazil</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 323</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 953</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of South America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 323</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 345</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Europe</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 859</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 557</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">South Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 796</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 584</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 626</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 547</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">China</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 073</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 948</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Asia Pacific</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 057</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 998</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Global Export and Holding Companies</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total carrying amount of goodwill</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">117 908</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">110 479</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">Goodwill, which accounted for approximately 54% of AB InBev total assets as of 31&#160;December 2025, is tested for impairment at the cash-generating unit level (that is one level below the operating segments). The cash-generating unit level is the lowest level at which goodwill is monitored for internal management purposes. Except in cases where the initial allocation of goodwill has not been concluded by the end of the initial reporting period following the business combination, goodwill is allocated as from the acquisition date to each of AB InBev&#8217;s cash-generating units that are expected to benefit from the synergies of the combination whenever a business combination occurs. </div> <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025 impairment testing </div></div></div></div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">AB InBev completed its annual impairment test for goodwill at cash-generating unit level and concluded that, based on the assumptions described below, no impairment charge was warranted. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">The company cannot predict whether an event that triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. AB InBev believes that all of its estimates are reasonable: they are consistent with the company&#8217;s internal reporting and reflect management&#8217;s best estimates. However, inherent uncertainties exist, that management may not be able to control. If the company&#8217;s current assumptions and estimates, including projected revenues growth rates, competitive and consumer trends, weighted average cost of capital, terminal growth rates, and other market factors, are not met, or if valuation factors outside of the company&#8217;s control change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify">The company&#8217;s impairment testing methodology is in accordance with IAS 36 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Impairment of Assets</div></div>, in which fair-value-less-cost-to-sell and value in use approaches are taken into account. This consists in applying a discounted cash flow approach based on acquisition valuation models for the cash-generating units showing an invested capital to Normalized EBITDA multiple above 9x and valuation multiples for the other cash-generating units. The discounted cash flow approach was applied for the Colombia, South Africa, Rest of Asia Pacific and the United States cash-generating units. </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;font-weight:bold;text-align:justify">Key assumptions </div> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The key judgments, estimates and assumptions used in the discounted cash flow calculations were generally as follows: </div> <div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:9pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:3%">&#160;</td>
<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">Cash flows are based on AB InBev&#8217;s 10-year plan as approved by key management. The plan is prepared per cash-generating unit and is based on external sources in respect of macro-economic assumptions, industry, inflation and foreign exchange rates, past experience and identified initiatives in terms of market share, revenue, variable and fixed cost, capital expenditure and working capital assumptions; </div> </td> </tr> </table> <div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">In order to calculate the terminal value, the company extrapolated the cash flows after the first 10-year period using expected annual long-term GDP growth rates based on external sources, or applied a market multiple after the first 5 years of the plan set at 10.8x. The company considered sensitivities on these metrics and corroborated the calculations by market multiples; </div> </td> </tr> </table> <div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">Projections are discounted at the unit&#8217;s weighted average cost of capital (WACC), considering sensitivities on this metric; </div> </td> </tr> </table> <div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&#160;</div>
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<td style="width:2%;vertical-align:top;text-align:left"><div style="font-family: &quot;Times New Roman&quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;">Cost to sell is assumed to reach 2% of the entity value based on historical precedents. </div> </td> </tr> </table> <div style="margin-top:18pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">For the main cash generating units, the terminal growth rate applied generally ranged between 2% and 3%. </div>  <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The WACC applied in US dollar nominal terms were as follows: </div> <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"> </div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Asia Pacific</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Sensitivity to change in key assumptions </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During its valuation, the company ran sensitivity analysis for key assumptions including the weighted average cost of capital and the terminal growth rate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In the sensitivity analysis performed by management during the annual impairment testing in 2025, an adverse change of 1% in WACC or terminal growth rate would not cause a cash-generating unit&#8217;s carrying amount to exceed its recoverable amount. While a change in the estimates used could have a material impact on the calculation of the fair values and trigger an impairment charge, the company, based on the sensitivity analysis performed, is not aware of any reasonably possible change in a key assumption used that would cause a cash generating unit&#8217;s carrying amount to exceed its recoverable amount. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Although AB InBev believes that its judgments, assumptions and estimates are appropriate, actual results may differ from these estimates under different assumptions or market or macro-economic conditions. </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible assets<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 281</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 438</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">46 080</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 591</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">491</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 242</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 065)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions and expenditures</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">563</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">641</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 217</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 069</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(19)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(367)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(395)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(794)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(473)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(67)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(83)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 569</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 595</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 179</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">104</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">47 447</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization and impairment losses</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(91)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 362)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 283)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(81)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 794)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(96)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(432)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">470</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(250)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(701)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(974)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(845)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">367</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">393</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">779</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">471</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(103)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(91)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 332)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 960)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(79)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 462)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying value</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36 948</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">919</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 155</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">40 034</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">40 034</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 478</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 263</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 219</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41 985</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev is the owner of some of the world&#8217;s most valuable brands in the beer industry. As a result, brands and certain distribution rights are expected to generate positive cash flows for as long as the company owns the brands and distribution rights. Given AB InBev&#8217;s more than 600-year history, brands and certain distribution rights have been assigned indefinite lives. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions and expenditures of commercial intangibles mainly represent supply and distribution rights, exclusive multi-year sponsorship rights and other commercial intangibles. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Intangible assets with indefinite useful lives are comprised primarily of brands and certain distribution rights that AB InBev purchased for its own products and are tested for impairment once a year or whenever a triggering event has occurred. Based on the impairment testing results, no impairment loss was allocated to intangible assets with indefinite useful lives &#8211; refer to Note 14 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill. </div></div> </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the carrying amount of the intangible assets amounted to 41 985m US dollar (31 December 2024: 40 034m US dollar) of which 38 478m US dollar was assigned an indefinite useful life (31 December 2024: 36 948m US dollar) and 3 507m US dollar a finite life (31 December 2024: 3 086m US dollar). </div></div> <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to the separate presentation in the statement of financial position of intangible assets held for sale in accordance with IFRS 5 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Non-current assets held for sale and discontinued operations</div></div> and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial reporting in hyperinflationary economies</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash-generating unit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 866</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 872</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of North America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexico</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 410</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 027</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 045</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 586</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Middle Americas</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 798</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 535</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of South America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">797</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">806</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Europe</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">370</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 900</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 558</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">901</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">861</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">383</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">923</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">913</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total carrying amount of intangible assets with indefinite useful lives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 478</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36 948</div></div></div></td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in associates<br></strong></div></th>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16. Investments in associates </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A reconciliation of the summarized financial information to the carrying amount of the company&#8217;s interests in material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 125</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 482</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">164</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">375</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(211)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(128)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends received</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(77)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">140</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">53</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 563</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
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<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 125</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized financial information of the company&#8217;s material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8201;&#8194;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 793</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 820</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 411</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 542</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 983</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 779</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 520</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 361</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 187)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 688)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 997)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 985)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(700)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 962)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(586)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 066)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(699)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 592)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(561)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net assets&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 190</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 357</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 788</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 428</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 637</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 596</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 329</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 421</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">724</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">476</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">654</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 214</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(717)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(206)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 853)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">557</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(241)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">448</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(638)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In 2025, the exceptional share of results of associates included 9m US dollar income from our associate Anadolu Efes following the deconsolidation of its Russia business in the first quarter of 2025. In 2024, the exceptional share of results of associates included 104m US dollar income from our associate Anadolu Efes&#8217; adoption of IAS 29 hyperinflation accounting on their 2023 results &#8211; see Note 8 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Exceptional items</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In 2025, associates that are not individually material contributed 185m US dollar to the results of investment in associates (31 December 2024: 141m US dollar; 31&#160;December 2023: 126m US dollar). In December 2024, the company sold its share in associate Ghost Beverages LLC and recognized an exceptional gain on asset disposal of 437m US dollar &#8211; see Note 8 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Exceptional items</div></div>. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Additional information related to <div style="letter-spacing: 0px; top: 0px;display:inline;">the</div> significant <div style="letter-spacing: 0px; top: 0px;display:inline;">associates </div>is presented in Note 34<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> AB InBev Companies</div></div>. </div>  <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The net assets are converted at the respective closing rates of December. </div></div>  &#160;<span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of associates. [Refer: Total for all associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B4<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B4_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 75<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_75_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 75<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_75_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td>na</td>
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<td>duration</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred tax assets and liabilities<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory', window );">Deferred tax assets and liabilities</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17. Deferred tax assets and liabilities </div></div></div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The amount of deferred tax assets and liabilities by type of temporary difference can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 585)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">139</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 296)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 157)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(75)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">942</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(346)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">596</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">868</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(406)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">462</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">351</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">296</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">365</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">345</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">687</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(29)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">659</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">608</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(39)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">569</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">49</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(99)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(101)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(90)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">537</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(767)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">539</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 352)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(813)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loss carry forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 658</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 658</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross deferred tax assets/(liabilities)</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 832</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(13 524)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 500</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(13 327)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Netting by taxable entity</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 124)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 124</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 007)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 007</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net deferred tax assets/(liabilities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 708</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(11 400)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 493</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(11 321)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 939)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(9 518)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in profit or loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">420</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">311</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">689</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(37)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements and effect of changes in foreign exchange rates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(247)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(161)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 939)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 407</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories stated at net realizable value</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">264</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">259</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cost of inventories recognized as an expense in 2025 amounts to 26 141m US dollar, included in cost of sales (2024: 26 744m US dollar; 2023: 27 396m US dollar). Impairment losses on inventories recognized in 2025 amounted to 70m US dollar (2024: 98m US dollar; 2023: 110m US dollar). </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for inventories.</p></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash deposits for guarantees</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">144</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax receivable, other than income tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">105</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian tax credits and interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 299</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 120</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">323</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">212</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 871</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 577</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">67</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax receivable, other than income tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">660</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">52</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">60</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">568</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">493</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">553</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">467</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 161</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 270</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev&#8217;s tax credits and interest receivables are expected to be collected over a period exceeding 12 months after the reporting date. As of 31&#160;December 2025, the total amount of such credits and interest receivables represented 1 299m US dollar (31 December 2024: 1 120m US dollar).</div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> loans to customers can be detailed as follows: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="16" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2025</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which not impaired as of the reporting</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">date and past due</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Less&#160;than<br/> 30 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;30<br/> &#8194;and&#160;59&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;60<br/> &#8194;and&#160;89&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;More&#160;than<br/> 90 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 990</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">202</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">553</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">532</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 939</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 644</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">212</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="16" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2024</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which not impaired as of the reporting</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">date and past due</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Less&#160;than<br/> 30 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;30<br/> &#8194;and&#160;59&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;60<br/> &#8194;and&#160;89&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;More&#160;than<br/> 90 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 531</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">177</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">467</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">450</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and bank accounts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 390</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 210</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 638</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(14)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents in the statement of cash flows</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 623</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cash outstanding as of 31&#160;December 2025 includes restricted cash for an amount of 106m US dollar (31 December 2024: 99m US dollar). This restricted cash mainly relates to amounts deposited on a blocked account in respect to the state aid investigation into the Belgian excess profit ruling system (80m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Investment securities </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 96%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in unquoted companies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">134</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">139</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in debt securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current investments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">161</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">168</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">306</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">221</div></div></div></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in equity and earnings per share<br></strong></div></th>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 019</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 736</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ordinary shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 797</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">222</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Treasury shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Result&#160;on&#160;the&#160;use&#160;of</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;shares&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;US&#160;dollar&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Million US dollar</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43.8</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 886)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 406)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Changes during the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24.7</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 197)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(910)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the current period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">68.5</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 083)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 316)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the share capital of AB InBev amounts to <div style="font-family: Arial; font-size: 12px; text-align: justify; background-color: rgb(255, 255, 255);display:inline;">1 238 608 344.12</div> euro (1 736 million US dollar). It is represented by 2 019 241 973 shares without nominal value, of which 68 489 754 are held in treasury by AB InBev and its subsidiaries. All shares are ordinary shares, except for <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">222 041 979</div></div> restricted shares. As of 31&#160;December 2025, the total of authorized, unissued capital amounts to 37m euro. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The treasury shares held by the company are reported in equity in Treasury shares. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The holders of ordinary and restricted shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the company. In respect of the company&#8217;s shares that are held by AB InBev and its subsidiaries, the economic and voting rights are suspended. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The restricted shares are unlisted, not admitted to trading on any stock exchange, and are subject to, among other things, restrictions on transfer until converted into new ordinary shares. As&#160;from 11&#160;October 2021 (fifth anniversary of completion of the SAB <div style="display:inline;">combination</div>), the restricted shares are convertible at the election of the holder into new ordinary shares on a one-for-one basis and they rank equally with the ordinary shares with respect to dividends and voting rights. By 31&#160;December 2025, from the 326&#160;million restricted shares issued at the time of the SAB combination, 104&#160;million restricted shares were converted into new ordinary shares. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The shareholders&#8217; structure is based on the notifications made to the company pursuant to the Belgian Law of 2&#160;May 2007, which governs the disclosure of significant shareholdings in listed companies. It is included in the <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Corporate Governance</div></div> section of AB InBev&#8217;s annual report. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CHANGES IN OWNERSHIP INTERESTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;">In accordance with IFRS 10 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Consolidated Financial Statements</div></div>, the acquisition or disposal of additional shares in a subsidiary is accounted for as an equity transaction with owners. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In the year ended 31&#160;December 2025, Ambev performed a share buyback for an amount of 323m US dollar. The purchases did not impact AB InBev&#8217;s profit. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ACQUISITIONS AND DISPOSALS OF OWN SHARES (REPORT ACCORDING TO ARTICLE 7:220 OF THE BELGIAN COMPANIES CODE OF COMPANIES AND ASSOCIATIONS) AND BORROWINGS OF OWN SHARES&#8211; PURCHASE OF OWN SHARES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, the company has acquired treasury shares in accordance with article 7:215 of the Belgian Code of Companies and Associations (former article 620 of the Belgian Companies Code) and has proceeded with the following disposals of its own shares. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Treasury shares </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Using the powers granted at the shareholders meeting of 28&#160;April 2021, the Board of Directors approved a share buyback program for an amount of 2 billion US dollar in 2024. As of 31&#160;December 2025, AB InBev bought back 34 615 419 shares for a total amount of 2 billion US dollar, corresponding to 1.71% of the total shares outstanding. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 29&#160;October 2025, the Board of Directors approved a new share buyback program for an additional amount of 6 billion US dollar. As of 31&#160;December 2025, AB InBev bought back 6 421 554 shares for a total amount of 400m US dollar corresponding to 0.32% of the total shares outstanding. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the group owned 68 489 754 own shares of which 67 851 393 were held directly by AB InBev. The par value of the share is 0.61 euro. The treasury shares that the company still owned at the end of 31&#160;December 2025 represented 51 266 673 US dollar (41 778 750 euro) of the subscribed capital. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Borrowed shares </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In order to fulfill AB InBev&#8217;s commitments under various outstanding share-based compensation plans, during the course of 2025, the company had stock lending arrangements in place for up to 26.7&#160;million shares, which were used to fulfill share-based compensation plan commitments. The company shall pay any dividend equivalent after tax in respect of such borrowed shares. This payment will be reported through equity as dividend. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">DIVIDENDS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On <div style="null;text-indent: 0px;display:inline;">29 October 2025</div>, an interim dividend of 0.15 euro per share or approximately 296m euro was approved by the Board of Directors. This interim dividend was paid out as of 20 November 2025. On 11&#160;February 2026, in addition to the interim dividend, a dividend of <div style="null;text-indent: 0px;display:inline;">1.00</div> euro per share or<div style="null;text-indent: 0px;display:inline;">&#160;</div><div style="null;text-indent: 0px;display:inline;">approximately</div> <div style="null;text-indent: 0px;display:inline;">1 972</div>m euro was proposed by the Board of Directors, reflecting a total dividend payment for the 2025 fiscal year of <div style="null;text-indent: 0px;display:inline;">1.15 </div> euro per share or<div style="null;text-indent: 0px;display:inline;">&#160;</div><div style="null;text-indent: 0px;display:inline;">approximately</div> <div style="null;text-indent: 0px;display:inline;">2 268</div>m euro, and will be subject to approval at the shareholders&#8217; meeting on 29&#160;April 2026. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 30 April 2025, a dividend of 1.00 euro per share or 1 986m euro was approved at the shareholders&#8217; meeting. The dividend was paid out as of 8 May 2025. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 24 April 2024, a dividend of 0.82 euro per share or 1 645m euro was approved at the shareholders&#8217; meeting. The dividend was paid out as of 7 May 2024. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSLATION RESERVES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The translation reserves comprise all foreign currency exchange differences arising from the translation of the financial statements of foreign operations. The translation reserves also comprise the portion of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net investment. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">HEDGING RESERVES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The hedging reserves comprise the effective portion of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSFERS FROM SUBSIDIARIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The amount of dividends payable to AB InBev by its operating subsidiaries is subject to, among other restrictions, general limitations imposed by the corporate laws, capital transfer restrictions and exchange control restrictions of the respective jurisdictions where those subsidiaries are organized and operate. Capital transfer restrictions are also common in certain emerging market countries and may affect AB InBev&#8217;s flexibility in implementing a capital structure it believes to be efficient. As of 31&#160;December 2025, the restrictions above mentioned were not deemed significant on the company&#8217;s ability to access or use the assets or settle the liabilities of its operating subsidiaries. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid to AB InBev by certain of its subsidiaries are also subject to withholding taxes. 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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38 670)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 020)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(39 201)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 594</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 594</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 594</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(100)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">66</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 560</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32 076)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">390</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(954)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32 641)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The gain in translation reserves is primarily related to the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro which resulted in a net foreign exchange translation adjustment of 6 594m US dollar as of 31&#160;December 2025 (increase of equity). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 180)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 155)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(31 155)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 490)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 490)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">309</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">309</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">135</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">135</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 490)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">309</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">135</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 046)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38 670)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 020)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(39 201)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(34 677)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">145</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 021)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(35 553)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 497</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 497</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 497</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(134)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 398</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 180)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 155)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(31 155)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">EARNINGS PER SHARE </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of basic earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar, 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including stock lending) per end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 975</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of stock lending</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of delivery of treasury shares and share buyback programs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 984</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 003</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 016</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of diluted earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar; 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including stock lending) at the end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of share options, PSUs and restricted stock units</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 018</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 044</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 054</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of the Underlying EPS is based on the profit before exceptional items and hyperinflation impacts attributable to equity holders of AB InBev. A reconciliation of the profit attributable to equity holders of AB InBev to the profit before exceptional items, attributable to equity holders of AB InBev and underlying profit is calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 837</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 855</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 341</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact of exceptional items on profit (refer to Note 8)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">499</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 062</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">614</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before exceptional items, attributable to equity holders of AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 336</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 917</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 955</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation impacts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">74</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">145</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">203</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 410</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 061</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 158</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below sets out the EPS calculation: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 837</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 341</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Basic EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.45</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.92</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.65</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 837</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 341</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 018</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 044</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 054</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Diluted EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.39</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.86</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.60</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 410</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 061</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 158</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.73</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.53</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.05</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The average market value of the company&#8217;s shares for purposes of calculating the dilutive effect of share options and restricted stock units was based on quoted market prices for the period that the options and restricted stock units were outstanding. For the calculation of Diluted EPS, 22m share options were anti-dilutive and not included in the calculation of the dilutive effect per 31&#160;December 2025 (31 December 2024: 40m share options; 31&#160;December 2023: 46m share options). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest-bearing loans and borrowings<br></strong></div></th>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">22. Interest-bearing loans and borrowings </div></div></div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70 199</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68 857</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 776</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 748</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">139</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 128</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">621</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">556</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">178</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">82</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">169</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">73 013</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 169</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">As of 31&#160;December 2025 , current and non-current interest-bearing loans and borrowings totaled 73.0 billion US dollar, compared to 72.2 billion USD as of 31&#160;December 2024. Further details on the company&#8217;s exposure to interest rate and foreign currency risk are provided in <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Note 27 Risks arising from financial instruments.</div></div> </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the company had no outstanding balance under its commercial paper programs (31 December 2024: nil). The programs authorize issuances of up to USD 5.0 billion and EUR 3.0 billion, respectively. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">In May 2025, Anheuser-Busch InBev NV/SA (&#8220;ABISA&#8221;) completed the issuance of the following series of bonds: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Maturity&#160;date</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate<br/> principal&#160;amount</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Coupon&#160;rate</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2033</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 250</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.375%</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May&#160;2038</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 500</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.875%</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2045</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">500</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.125%</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Additionally, the company completed the tender offers of three series of notes issued by Anheuser-Busch InBev Worldwide Inc. (&#8220;ABIWW&#8221;), Anheuser-Busch Companies, LLC (&#8220;ABC&#8221;) and Anheuser-Busch InBev Finance Inc. (&#8220;ABIFI&#8221;) and repurchased 1.8 billion US dollar aggregate principal amount of these notes. The total principal amount repurchased in the tender offers is set out in the table below: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Date&#160;of&#160;repurchase</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Title&#160;of&#160;series&#160;of&#160;notes<br/> partially repurchased</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Original<br/> principal<br/> amount<br/> outstanding</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal<br/> amount<br/> repurchased</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in&#160;million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Principal<br/> amount not<br/> repurchased<br/> (in&#160;million)</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.750% Notes due 2029</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 250</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 321</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 929</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW&#160;and&#160;ABC</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.900%&#160;Notes&#160;due&#160;2046</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 160</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">330</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 830</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIFI</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.900% Notes due 2046</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 457</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">167</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 291</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These tender offers were financed with cash. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In May 2025, the company announced that its wholly-owned subsidiary ABIWW exercised its option to redeem the entire outstanding principal amount of the series of notes presented in the table below, for an aggregate principal amount of 1.6 billion US dollar. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2025, the company announced that ABISA and its wholly-owned subsidiaries ABIWW and ABC exercised their respective options to redeem the entire outstanding principal amounts of the series of notes presented in the table below, for an aggregate principal amount of 2.0 billion US dollar. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 74%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
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<tr style="font-size: 1pt;">
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<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Date of redemption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Title of series of notes<br/> redeemed</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Original&#160;principal<br/> amount<br/> outstanding</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal&#160;amount<br/> redeemed</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.000%&#160;Notes&#160;due&#160;2028</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">18 November 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.700% Notes due 2026</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">615</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">615</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">29 December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW&#160;and&#160;ABC</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.650% Notes due 2026</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 307</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 307</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net debt </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt is defined as non-current and current interest-bearing loans and borrowings and bank overdrafts minus debt securities and cash and cash equivalents. Net debt is a financial performance indicator that is used by AB InBev&#8217;s management to highlight changes in the company&#8217;s overall liquidity position. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">72 128</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70 720</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">885</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 449</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">73 013</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 169</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 638)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 174)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest bearing loans granted and other deposits (included within Trade and other receivables)</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(116)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(99)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Debt securities (included within Investment securities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(333)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(251)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60 941&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60 645&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; width: 1%;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s net debt increased to 60.9 billion US dollar as of 31&#160;December 2025, from 60.6 billion US dollar as of 31&#160;December 2024. In addition to operating results net of capital expenditures, the change in net debt primarily reflects the payment of interest and tax (5.9 billion US dollar), share buybacks by AB InBev and Ambev (2.6 billion US dollar), dividend payments to shareholders of AB InBev, Ambev and minorities (4.5 billion US dollar), and a foreign exchange impact on net debt (2.8 billion US dollar increase of net debt). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Reconciliation of liabilities arising from financing activities </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below details the changes in the company&#8217;s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the company&#8217;s consolidated cash flow statement from financing activities. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Long-term&#160;debt,&#160;net&#160;of</div><br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Short-term&#160;debt&#160;and</div><br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 665</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">735</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 442)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 419)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">382</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(499)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 271</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 535)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 535</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 128</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term&#160;debt,&#160;net&#160;of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">74 163</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 987</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 337</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">128</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 036)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 259)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(698)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 583)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(165)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 302)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 302</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(338)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">152</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term debt, net of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> current portion of long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">78 880</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 029</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">59</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">143</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 004)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">686</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(458)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">909</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">83</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 113)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 113</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(316)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">171</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">74 163</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 987</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory', window );">Pensions and similar obligations</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23. Pensions and similar obligations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB&#160;InBev sponsors various post-employment benefit plans worldwide, which include both defined contribution plans, defined benefit plans, and other post-employment benefits. In accordance with IAS 19 Employee Benefits post-employment benefit plans are classified as either defined contribution plans or defined benefit plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">DEFINED CONTRIBUTION PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 11pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For defined contribution plans, AB InBev pays contributions to publicly or privately administered pension funds or insurance contracts. Once the contributions have been paid, the group has no further payment obligation. The regular contributions constitute an expense for the year in which they are due. For 2025, contributions paid into defined contribution plans for the company amounted to 178m US dollar compared to 183m US dollar for 2024 and 166m US dollar for 2023. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">DEFINED BENEFIT PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, the company contributed to 82 defined benefit plans, of which 64 are retirement or leaving service plans, 14 are medical cost plans and 4 other long-term employee benefit plans. Most plans provide retirement and leaving service benefits related to pay and years of service. In many of the countries the plans are partially funded. When plans are funded, the assets are held in legally separate funds set up in accordance with applicable legal requirements and common practice in each country. The medical cost plans in Brazil, Canada, Colombia, South Africa and US provide medical benefits to employees and their families after retirement. Many of the defined benefit plans are closed to new entrants. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The present value of funded obligations includes a 105m US dollar liability related to two medical plans in Brazil, for which the benefits are provided through the Funda&#231;&#227;o Antonio Helena Zerrenner (&#8220;FAHZ&#8221;). The FAHZ is a legally distinct entity which provides medical, dental, educational and social assistance to current and retired employees of Ambev. As at 31&#160;December 2025, the actuarial liabilities related to the benefits provided by the FAHZ are fully offset by an equivalent amount of assets existing in the fund. The net liability recognized in the statement of financial position is nil. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The employee benefit net liability amounts to 1 125m US dollar as of 31&#160;December 2025 compared to 1 254m US dollar as of 31&#160;December 2024. In 2025, the fair value of the plan assets increased by 304m US dollar and the defined benefit obligations increased by 139m US dollar. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company&#8217;s net liability for post-employment and long-term employee benefit plans comprises the following:</div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of funded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 209)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 090)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Fair value of plan assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 851</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 547</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations for funded plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(543)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of unfunded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(562)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(542)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(920)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 085)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Unrecognized asset</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(95)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(63)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 015)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 148)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other long term employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(110)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 125)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 254)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Employee benefits amounts in the statement of financial position:</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 275)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 296)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">150</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 125)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 254)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the present value of the defined benefit obligations are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 632)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 403)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 191)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(275)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(282)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(302)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service gain/(cost)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">389&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">432&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">469&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contribution by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; demographic assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; financial assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">35&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">267&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(220)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Experience adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(182)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 771)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 632)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 403)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of the last valuation date, the present value of the defined benefit obligation was comprised of approximately 1.0 billion US dollar relating to active employees, 0.8 billion US dollar relating to deferred members and 3.0 billion US dollar relating to members in retirement. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the fair value of plan assets are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 547&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 882&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 807&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">208&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">199&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">217&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Return on plan assets exceeding interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">274&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">267&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid net of administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(389)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(432)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(469)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Assets distributed on settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(130)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(97)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(200)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 851&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 547&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 882&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Actual return on plans assets amounted to a gain of 271m US dollar in 2025 compared to a gain of 173m US dollar in 2024. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the unrecognized asset are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(43)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Changes excluding amounts included in interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(95)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The expense recognized in the income statement with regards to defined benefit plans can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service cost due to plan amendments, curtailments or settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Losses)/gains due to experience and demographic assumption changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(65)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(61)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(139)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(151)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(150)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The employee benefit expense is included in the following line items of the income statement: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(139)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(151)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(150)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average assumptions used in computing the benefit obligations of the company&#8217;s significant plans at the reporting date are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"></td>
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<td></td>
<td></td>
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<td></td>
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<td></td>
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<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="24" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">5.5</div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.7%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.3%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.5%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.0%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">2.0</div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">6.3</div>%-<div style="letter-spacing: 0px; top: 0px;display:inline;">4.5</div>%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.3%-6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">86</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="24" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">5.7</div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.6%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.8%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.6%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.0%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">2.0</div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;">6.7%-3.9%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.8%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;">6.5%-4.5%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">6.3%-5.9%</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Through its defined benefit pension plans and post-employment medical plans, the company is exposed to a number of risks, the most significant are detailed below:</div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INVESTMENT STRATEGY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In case of funded plans, the company ensures that the investment positions are managed within an asset-liability matching (ALM) framework that has been developed to achieve long-term investments that are in line with the obligations under the pension schemes. Within this framework, the company&#8217;s ALM objective is to match assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit payments as they fall due and in the appropriate currency. The company actively monitors how the duration and the expected yield of the investments are matching the expected cash outflows arising from the pension obligation. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ASSET VOLATILITY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In general, the company&#8217;s funded plans are invested in a combination of equities, bonds and real estate, generating high but volatile returns from equities and at the same time stable and liability-matching returns from bonds. As the plans mature, the company usually reduces the level of investment risk by investing more in assets that better match the liabilities. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CHANGES IN BOND YIELDS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">An increase in bond yields will decrease plan liabilities, although this will be partially offset by a decrease in the value of the plans&#8217; bond holdings. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INFLATION RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Some of the company&#8217;s pension obligations, mainly in the UK, are linked to inflation, and higher inflation will lead to higher liabilities. The majority of the plan&#8217;s assets are either unaffected by or loosely correlated with inflation, meaning that an increase in inflation could potentially increase the company&#8217;s net benefit obligation. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">LIFE EXPECTANCY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The majority of the plans&#8217; obligations are to provide benefits for the life of the member, so increases in life expectancy will result in an increase in the plans&#8217; liabilities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average duration of the defined benefit obligation in 2025 is 9.8 years (2024: 10.5 years). An increase in bond yields reduces the average duration. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Increase&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Decrease&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(217</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236&#8196;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(96)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mortality</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">One&#160;year</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">130</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The above are purely hypothetical changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein will often affect multiple assumptions at the same time and the effects of changes in key assumptions are not linear. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Sensitivities are reasonably possible changes in assumptions, and they are calculated using the same approach as was used to determine the defined benefit obligation. Therefore, the above information is not necessarily a reasonable representation of future results. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of plan assets at 31&#160;December consists of the following: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corporate bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">22%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;&#8199;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Insurance contracts and others</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB&#160;InBev expects to contribute approximately 103m US dollar for its funded defined benefit plans and 81m US dollar in benefit payments to its unfunded defined benefit plans and post-retirement medical plans in 2026. </div></div> <span></span>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-based payments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory', window );">Share-based payments</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">24. Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Different share-based programs allow company senior management and members of the board of directors to receive or acquire shares of AB InBev, Ambev or Budweiser APAC. AB InBev has three primary share-based compensation plans: the share-based compensation plan (&#8220;Share-Based Compensation Plan&#8221;), the long-term restricted stock unit plan for directors (&#8220;RSU Plan for Directors&#8221;), and the various long-term incentive plan for executives (&#8220;LTI Plan Executives&#8221;). These share-based payment programs relate to either AB InBev shares or American Depository Shares (&#8220;ADSs&#8221;) as underlying equity instruments. All the company share-based payment plans are equity-settled. Amounts have been converted to US dollar at the average rate of the period, unless otherwise indicated. Share-based payment transactions resulted in a total expense of 625m US dollar for 2025, as compared to 644m US dollar for 2024 and 570m US dollar for 2023. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV SHARE-BASED COMPENSATION PROGRAMS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Under this plan, members of the Executive Committee and other senior employees receive their bonus in cash but have the choice to invest some or all of the value of their bonus in AB InBev shares, referred to as voluntary shares. The voluntary shares are entitled to dividends from the date of grant and are subject to a lock-up period of three years. They are granted at market price, to which a discount of up to 20% is applied. The discount is delivered in the form of RSUs (Discounted Shares). Executives who invest in Voluntary Shares also receive one and a half matching shares for each voluntary share invested up to a limited total percentage of each executive&#8217;s variable compensation. These matching shares are also delivered in the form of RSUs (Matching Shares). The RSUs relating to the Matching Shares and the Discounted Shares vest over a three or five-year period and are subject to specific restrictions or forfeiture provisions in the event of termination of service. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, AB InBev issued 2.1m discounted and matching RSUs in relation to bonuses granted to company employees and management (2024: 1.6m discounted and matching RSUs). These discounted and matching RSUs represent a fair value of approximately 128m US dollar (2024: 94m US dollar). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">RSU Plan for Directors </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The remuneration of the directors comprises a fixed cash fee component and a share-based component. The share-based portion of the remuneration of the directors of the company is granted in the form of RSUs that vest after five years and, upon vesting, entitle their holders to one AB InBev share per RSU. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, 0.1m RSUs with an estimated fair value of 4m US dollar were granted to directors (2024: 0.1m with an estimated fair value of 4m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Annual LTI Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subject to management&#8217;s assessment of the executive&#8217;s performance and future potential, members of senior management may be eligible for an annual long-term incentive to be paid out in RSUs, Performance Stock Units (&#8220;PSUs&#8221;) and/or stock options. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Long-term Incentive RSUs</div>: They cliff vest over a three or five-year period. Upon vesting, each RSU entitles its holder to acquire one share. During 2025, AB InBev issued 3.1m RSUs with an estimated fair value of 191m US dollar under this plan (2024: 4.4m RSUs with an estimated fair value of 239m US dollar under this plan). Out of these RSUs, 0.2m RSUs were granted to members of the Executive Committee (2024: 0.5m RSUs). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">Long-term PSUs</div>: They cliff vest over a three-year period. Upon vesting of the PSUs, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#8217;s three-year Total Shareholder Return (&#8220;TSR&#8221;) relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, 0.4m PSUs were granted to Executives with an estimated fair value of 35m US dollar (2024: 0.8m PSUs with an estimated fair value of 45m US dollar under this plan). Out of these PSUs, 60&#160;thousand PSUs were granted to members of the Executive Committee (2024: 134&#160;thousand PSUs). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exceptional LTI Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs, PSUs or stock options may be granted from time to time to members of the senior management of the company, who have made a significant contribution to the success of the company (achieving the growth agenda, specific acquisitions, etc.). Vesting of such RSUs, PSUs or stock options may be subject to achievement of performance conditions which will be related to the objectives of such exceptional grants. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025 and 2024, no exceptional grants were made to Executives. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other Recurring LTI RSU Plans for Executives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev has specific recurring long-term RSU incentive programs in place, including: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">A <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">base long-term RSUs program</div> allowing for the offer of RSUs to members of the company&#8217;s senior management. In addition to the annual Long-term RSUs described above, under this program, RSUs can be granted under other sub-plans with specific terms and conditions and for specific purposes, e.g., for special retention incentives or to compensate for assignments of expatriates in certain countries. In most cases, the RSUs vest after three or five years without a performance test and in the event of termination of service before the vesting date, specific forfeiture rules apply. The Board may set different vesting periods for specific sub-plans or introduce performance tests in line with the company&#8217;s high-performance culture and the creation of long-term sustainable value for its shareholders. In 2025, 0.7m RSUs with a three- or five-year vesting and an estimated fair value of 42m US dollar and 2.9m RSUs with a performance test, five-year vesting and an estimated fair value of 62m US dollar were granted under this program (2024: 0.2m RSUs with an estimated fair value of 12m US dollar). Out of these RSUs, 0.9 m RSUs were granted to members of the Executive Committee (2024: nil). </div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other disclosures for Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">No stock options were granted in 2023, 2024 and 2025. The total number of outstanding AB InBev options developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69.2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">75.8&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">83.2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2.2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.6)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43.4&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">69.2&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">75.8&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The range of exercise prices of the outstanding options is between 40.40 euro (47.47 US dollar)<div style="font-size: 75%; vertical-align: top;display:inline;font-size:7.5px">1</div> and 113.25 euro (133.07 US dollar) while the weighted average remaining contractual life is 3.5 years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All outstanding options are vested at 31&#160;December 2025. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the AB InBev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79.46</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76.04</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47.47</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29.96</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">113.00</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">75.45</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">67.66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129.02</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102.10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">96.27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79.46</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">93.25</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108.11</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding AB InBev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSU and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31.2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.3</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(0.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29.0</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AMBEV SHARE-BASED COMPENSATION PROGRAMS </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has a Share-based compensation plan in place under which different RSU or PSU grant programs may be issued periodically, allowing members of Management and other executives to receive Ambev shares for bonuses granted and other rewards. The vesting period is <div style="display:inline;"><div style="-sec-ix-hidden:hidden155771794;display:inline;">three</div></div> or five years. Under this plan, Ambev issued 33.9m RSUs and PSUs in 2025 with an estimated fair value of 79m US dollar (2024: 25.6m RSUs and PSUs with an estimated fair value of 61m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other disclosures for Share-based payments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 2010, senior employees are eligible for an annual long-term incentive to be paid out in Ambev LTI stock options (or similar share-based instruments), depending on management&#8217;s assessment of the employee&#8217;s performance and future potential. No stock options were granted in 2025, 2024 and 2023. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev options developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">72.5</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99.8</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15.5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72.5</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88.0</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The range of exercise prices of the outstanding options is between 16.34 Brazilian real (2.97 US dollar) and 22.4 Brazilian real (4.07 US dollar) while the weighted average remaining contractual life is 2.2 years. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All outstanding options are vested at 31&#160;December 2025. </div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the Ambev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.72</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.34</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.60</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.68</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.94</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amounts have been converted to US dollar at the closing rate of the respective period. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSUs and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">120.4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">120.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">109.8</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33.9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25.6</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(48.7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5.2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100.8</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120.4</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120.0</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 24pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">BUDWEISER APAC SHARE-BASED COMPENSATION PROGRAM </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share-Based Compensation Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In March 2020, Budweiser APAC set up a program allowing for certain employees to invest some or all of their variable compensation in Budweiser APAC shares (Voluntary Shares). As an additional reward, employees who invest in Voluntary Shares also receive a company shares match of one and a half matching shares for each Voluntary Share invested up to a limited total percentage of each employee&#8217;s variable compensation. In 2025, Budweiser APAC issued 9.2m matching RSUs in relation to bonuses granted to Budweiser APAC employees with an estimated fair value of 11m US dollar (2024: 8.8m matching restricted stock units with an estimated fair value of 14m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Discretionary Restricted Stock Units Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2019, Budweiser APAC set up a discretionary RSUs plan which allows for the offer of RSUs to certain employees in certain specific circumstances, at the discretion of the Board, e.g., as a special retention incentive. The RSUs vest after three to five years and in the event that an employee&#8217;s service is terminated before the vesting date, special forfeiture rules apply. In 2025 and 2024, no RSUs were granted under this program. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">New Restricted Stock Units Plan </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2020, Budweiser APAC set up a new RSUs plan which allows for the offer of RSUs to certain eligible employees in certain specific circumstances, at the discretion of the Board, e.g., as a long-term incentive. The vesting period of the RSUs is in principle between three and five years without a performance test and in the event of termination of service before the vesting date, forfeiture rules apply. The Board may set shorter or longer periods for specific grants or introduce performance tests similar to other programs in the company. In 2023, some RSUs include a performance test. They cliff vest between three and five years. Upon vesting, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#8217;s <div style="-sec-ix-hidden:hidden155771978;display:inline;">three</div> to five-year TSR relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, 29.8m RSUs with an estimated fair value of 30m US dollar were granted under this program to a selected number of employees (2024: 30.8m RSUs with an estimated fair value of 30m US dollar). </div></div> <span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions<br></strong></div></th>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">62</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">472</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">247</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">276</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(122)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(170)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(73)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">543</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">617</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Disputes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">69</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">476</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">589</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(58)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(61)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions made</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">51</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">158</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(63)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(117)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(68)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">62</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">472</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">576</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;">The restructuring provisions are primarily explained by the organizational alignments - see also Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>. Provisions for disputes mainly relate to various disputed taxes other than income taxes and to claims from former employees. </div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The provisions are expected to be settled within the following time windows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
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<td></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Due&#160;within&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;&#8195;Due&#160;after&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8201;&#8195;&#8201;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">127</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Labor</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">104</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commercial</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">57</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Excise duties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">185</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">246</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">142</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">401</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">543</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">192</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">425</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">617</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfProvisionsExplanatory">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other payables<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">93</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">671</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">424</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">869</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">797</div></div></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade payables and accrued expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17 055</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 010</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Payroll and social security payables</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 623</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25 455</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23 804</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;">The company has entered into reverse factoring arrangements with suppliers in the amount of 41m US dollar as of 31&#160;December 2025, mostly due to legal requirements (31 December 2024: 41m US dollar). The nature, as well as the terms and conditions of the liabilities that are part of these arrangements do not differ from those of the company&#8217;s normal trade payables. As a result, these are presented as part of Trade and other payables in accordance with IAS 1 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation of financial statements</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 12pt; margin-bottom: 0pt;">As of 31&#160;December 2025, deferred consideration on acquisitions is mainly comprised of 0.2 billion US dollar for the put option included in the 2012 shareholders&#8217; agreement between Ambev and E. Le&#243;n Jimenes S.A. (&#8220;ELJ&#8221;), which may result in Ambev acquiring additional shares in Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;) (31 December 2024: 0.2 billion US dollar). See also Note 27<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Risk arising from financial instruments </div></div>and Note 28<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks arising from financial instruments<br></strong></div></th>
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<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27. Risks arising from financial instruments </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">A) &#8194;&#8201;FINANCIAL ASSETS AND LIABILITIES </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the company&#8217;s financial assets and liabilities as of the reporting dates indicated. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit&#160;or<br/> loss</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> &#8194;amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit or<br/> loss</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 638</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 638</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 174</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 406</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 406</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 714</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 714</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">306</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">134</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">467</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">138</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">389</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">63</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">433</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">457</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">439</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">439</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">106</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">214</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">249</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">249</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 070</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">343</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">825</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18 239</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 918</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">247</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">927</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 092</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">499</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">279</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">778</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">382</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">781</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 571</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">343</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">546</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 460</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 536</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">247</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">528</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16 311</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 348</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">241</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 589</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20 037</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20 325</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70 938</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 191</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 128</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69 011</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 709</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">885</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 449</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 481</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 481</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 614</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 614</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">435</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">563</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">52</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">46</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">205</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">205</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">55</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">102</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">94</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93 184</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 143</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">686</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">101 013</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90 497</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 735</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">147</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">98 379</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71 678</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27 831</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 003</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26 887</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">B) &#8194;&#8201;DERIVATIVES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s activities expose it to a variety of financial risks: market risk (including currency risk, fair value interest rate risk, cash flow interest risk, commodity risk and equity risk), credit risk and liquidity risk. The company analyses each of these risks individually as well as on a combined basis and defines strategies to manage the economic impact on the company&#8217;s performance in line with its financial risk management policy. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev primarily uses the following derivative instruments: foreign exchange forwards, currency options, currency futures, interest rate swaps, cross currency interest rate swaps (&#8220;CCIRS&#8221;), commodity swaps, commodity futures and equity swaps. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below provides an overview of the notional amounts of derivatives outstanding as of the dates indicated by maturity bucket. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1-2<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2-3<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&lt;&#160;1<br/> &#8195;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1-2<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2-3<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 498</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">344</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 867</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">300</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">150</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">315</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">385</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">150</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">400</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">715</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 558</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">510</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum swaps</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 250</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 841</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">591</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">630</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">C) &#8194;&#8201;FOREIGN CURRENCY RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev is subject to foreign currency risk when contracts are denominated in a currency other than the functional currency of the entity. This includes borrowings, investments, (forecasted) sales, (forecasted) purchases, royalties, dividends, licenses, management fees and interest expense/income. To manage foreign currency risk, the company uses mainly foreign exchange forwards, currency options, currency futures and cross currency interest rate swaps. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign exchange risk on operating activities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s policy is to hedge operating transactions which are reasonably expected to occur (e.g., cost of sales and selling, general&#160;&amp; administrative expenses) within the forecast period determined in the financial risk management policy. Operating transactions that are considered certain to occur are hedged without any time limits. Non-operating transactions (such as acquisitions and disposals of subsidiaries) are hedged as soon as they are highly probable. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below shows the company&#8217;s main net foreign currency positions for firm commitments and forecasted transactions for the most important currency pairs. The open positions are the result of the application of AB InBev&#8217;s risk management policy. Positive amounts indicate that the company is long (net future cash inflows) in the first currency of the currency pair while negative amounts indicate that the company is short (net future cash outflows) in the first currency of the currency pair. The second currency of the currency pairs listed is the functional currency of the related subsidiary. </div></div>  <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;exposure</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;hedges</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Open<br/> &#8195;&#8195;&#8195;position</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;exposure</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;hedges</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Open<br/> &#8195;&#8195;&#8195;position</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 682)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 671</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 823)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 456</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(367)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 203)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 182</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 250)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 092</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(494)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">460</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(34)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(504)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">482</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">388</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(373)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">333</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">312</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(286)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">243</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(43)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(326)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(326)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Honduran lempira</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(226)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(226)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(225)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(225)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Peruvian nuevo sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(194)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">199</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(236)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">215</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(182)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">190</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(160)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">116</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(179)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(66)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">52</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chilean peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(164)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">151</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(144)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Paraguayan guarani</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">142</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(144)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(130)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">128</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(126)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Indian rupee</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(120)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">115</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(113)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Dominican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(129)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(129)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Bolivian boliviano</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(112)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(112)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(104)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(104)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(136)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">111</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(123)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(34)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(91)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(118)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(153)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">132</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Others</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(502)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">452</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(567)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">441</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(126)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Further analysis on the impact of open currency exposures is performed in the currency sensitivity analysis below. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Hedges of firm commitments and highly probable forecasted transactions denominated in foreign currency are designated as cash flow hedges. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net losses on hedging instruments reported in the finance line in 2025 amounted to (0.3) billion US dollar and were largely related to foreign-currency hedges associated with commodity purchases, deemed operating in nature. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign exchange risk on foreign currency denominated debt </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s policy is to have the debt in the subsidiaries as much as possible linked to the functional currency of the subsidiary. To the extent this is not the case, foreign exchange risk is managed using derivatives unless the cost to hedge outweighs the benefits. Interest rate decisions and currency mix of debt and cash are decided on a global basis and take into consideration a holistic risk management approach. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">A description of the foreign currency risk hedging of debt instruments issued in a currency other than the functional currency of the subsidiary is further detailed in the <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Interest Rate Risk</div></div> section below. </div> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Currency transactional risk </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Most of AB InBev&#8217;s non-derivative financial instruments are either denominated in the functional currency of the subsidiary or are converted into the functional currency through the use of derivatives. Where illiquidity in the local market prevents hedging at a reasonable cost, the company can have open positions. The transactional foreign currency risk mainly arises from open positions in Argentine peso, Honduran lempira, Dominican peso and Bolivian boliviano against the US dollar. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company uses a sensitivity analysis to estimate the impact in its consolidated income statement and other comprehensive income of a strengthening or a weakening of the US dollar against the other group currencies. In case the open positions remain unchanged and with all other variables held constant, a 10% strengthening or weakening of the US dollar against other currencies could lead to an estimated decrease/increase on the consolidated profit before tax of approximately 91m US dollar over the next 12 months (31 December 2024: 169m US dollar; 31&#160;December 2023: 98m US dollar). Applying a similar sensitivity on the total derivatives positions could lead to a negative/positive pre-tax impact <div style="display:inline;">on</div> equity reserves of 516m US dollar (31 December 2024: 446m US dollar). The results of the sensitivity analysis should not be considered as projections of likely future events, as the gains or losses from exchange rates in the future may differ due to developments in the global financial markets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign exchange risk on net investments in foreign operations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev mitigates exposures of its investments in foreign operations using both derivative and non-derivative financial instruments as hedging instruments. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, designated derivative financial instruments in net investment hedges applied on the company&#8217;s debt amount to 7 239m US dollar equivalent (31 December 2024: 7 835m US dollar). These instruments hedge foreign operations with Chinese yuan, Canadian dollar, South Korean won and Mexican peso functional currencies. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net foreign exchange results </div></div></div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange results recognized on hedged and unhedged exposures are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hedged (economic hedges)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">93</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(186)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(479)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(423)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(386)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(147)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(353)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Out of the net (0.4) billion US dollar foreign exchange losses reported in the finance line in 2025, approximately (0.2) billion US dollar was related to foreign exchange exposures that are deemed operating in nature. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">D) INTEREST RATE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies a dynamic interest rate hedging approach whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of AB InBev&#8217;s policy is to achieve an optimal balance between the cost of funding and the volatility of financial results, while taking into account market conditions as well as AB InBev&#8217;s overall business strategy. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair value hedges </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar fixed rate bond hedges (interest rate risk on borrowings in US dollar) </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company manages and reduces the impact of changes in the US dollar interest rates on the fair value of certain fixed rate bonds with an aggregate principal amount of 1.2 billion US dollar through fixed/floating interest rate swaps. 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<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">After hedging</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Floating rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 193</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">334</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">333</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">334</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 527</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41 499</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32 965</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 593</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29 274</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">566</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 668</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 049</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">225</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">225</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">567</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 165</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 515</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 693</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">71 500</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">After hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Floating rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 792</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">184</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">184</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">184</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 975</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.1%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46 192</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.4%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36 780</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 653</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 530</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 921</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">555</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.4%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 657</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 200</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">239</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 239</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 154</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 111</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.1%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">833</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">71 986</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 195</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the total carrying amount of the floating and fixed rate interest-bearing financial liabilities before hedging as presented above included bank overdrafts of 14m US dollar (31 December 2024: nil). Of the company&#8217;s interest-bearing financial liabilities, 1 527m US dollar or 2.1% bore interest at a variable rate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity analysis has been prepared based on the exposure to interest rates for the floating rate debt after hedging, assuming the amount of liability outstanding at reporting date was outstanding for the whole year. The company estimates that an increase or decrease of 100 basis points represents a reasonably possible change in applicable interest rates. Accordingly, if interest rates had been higher/lower by 100 basis points, with all other variables held constant, the interest expense would have been 15m US dollar higher/lower (31 December 2024: 20m US dollar; 31&#160;December 2023: 26m US dollar). This impact would have been more than offset by 112m US dollar higher/lower interest income on interest-bearing financial assets (31 December 2024: 105m US dollar; 31&#160;December 2023: 96m US dollar). Additionally, the pre-tax impact on equity reserves from the market value of hedging instruments would not have been significant. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Interest expense </div></div></div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest expense recognized on unhedged and hedged financial liabilities was as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
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<td style="width: 91%;"></td>
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<td></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities measured at amortized cost &#8211; not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 250</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net investment hedges - hedging instruments (interest component)</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">49</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Economic hedges</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 194</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 443</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 705</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">E)&#8194;&#8201;COMMODITY PRICE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The commodity markets have experienced and are expected to continue to experience price fluctuations. AB InBev therefore uses both fixed price purchasing contracts and commodity derivatives to manage the exposure to price volatility. The most significant commodity hedges are included in the table below (expressed in outstanding notional amounts): </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8201;31&#160;December&#160;2024</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 312</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">212</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">207</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">197</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">203</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 942</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 496</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodity price sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The impact of changes in prices of commodities that are being financially hedged would not have had a material impact on AB InBev&#8217;s profit in 2025 as they are hedged using derivative contracts which are designated in hedge accounting in accordance with IFRS 9 rules.<div style="display:inline;">&#160;</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The related impact is expected to be recognized in the income statement in subsequent periods, principally in 2026, when the underlying forecasted transactions occur. </div></div></div> <div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px; background: none;display:inline;"><div style="background: none; text-decoration: none;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures would have on the equity reserves. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Pre-tax&#160;impact&#160;on&#160;equity</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> &#8195;&#8194;prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">504</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(504)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">408</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(408)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">44%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(92)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38%</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38%</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">F) &#8194;&#8201;EQUITY PRICE RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;">AB InBev enters into equity swap derivatives to hedge the price risk on its shares in connection with its share-based payments programs, as disclosed in Note 24<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Share-based Payments.</div></div> AB InBev also hedges its exposure arising from shares issued in connection with the Grupo Modelo and SAB combinations (see also Note 11<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Finance expense and income</div></div>). These derivatives do not qualify for hedge accounting and the changes in fair value are recognized in the income statement. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, an exposure for an equivalent of 100.5m of AB InBev shares was hedged, resulting in a total loss of (213)m US dollar recognized in the income statement for the period in exceptional finance income/(expense). As of 31&#160;December 2025, liabilities for equity swap derivatives amounted to 5.5 billion US dollar (31 December 2024: 5.6 billion US dollar). </div></div> <div style="font-size: 60pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 60pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Equity price sensitivity analysis </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity analysis on the equity swap derivatives, calculated based on a 24% (2024: 19%; 2023: 18%;) reasonably possible volatility of the AB InBev share price, with all the other variables held constant, would show 1 563m US dollar positive/negative impact on the 2025 profit before tax (31 December 2024: 960m US dollar; 31&#160;December 2023: 1 181m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">G) &#8194;&#8201;CREDIT RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Credit risk encompasses all forms of counterparty exposure, i.e., where counterparties may default on their obligations to AB InBev in relation to lending, hedging, settlement and other financial activities. The company has a credit policy in place and the exposure to counterparty credit risk is monitored. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev mitigates its exposure through a variety of mechanisms. It has established minimum counterparty credit ratings and enters into transactions only with financial institutions of investment grade rating. The company monitors counterparty credit exposures closely and reviews any external downgrade in credit rating immediately. To mitigate pre-settlement risk, counterparty minimum credit standards become more stringent with increases in the duration of the derivatives. To minimize the concentration of counterparty credit risk, the company enters into derivative transactions with different financial institutions. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company also has master netting agreements with all of the financial institutions that are counterparties to over the counter (OTC) derivatives. These agreements allow for the net settlement of assets and liabilities arising from different transactions with the same counterparty. Based on these factors, AB InBev considers the impact of the risk of counterparty default as of 31&#160;December 2025 to be limited. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exposure to credit risk </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Credit risk arises from financial assets including trade and other receivables. The carrying amount of financial assets represents the maximum credit exposure of the company. The carrying amount is presented net of the impairment losses recognized and disclosed by financial asset class in section <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">A) Financial assets and liabilities</div></div>. </div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The maximum exposure to credit risk at the reporting date for trade and other receivables, excluding Brazilian tax credits, tax receivables other than income tax and prepaid expenses, was as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;carrying<br/> amount</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;carrying<br/> amount</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 661</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(399)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 168</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(377)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 213</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(68)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 145</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">984</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(61)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">923</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 874</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(468)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 406</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 152</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 714</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">There was no significant concentration of credit risks with any single counterparty as of 31&#160;December 2025 and no single customer represented more than 10% of the total revenue of the group in 2025. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment losses </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allowance for impairment recognized during the period on trade and other receivables was as follows: </div></div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(462)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(416)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(53)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Currency translation and other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; padding: 0px;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(468)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(462)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">H) &#8195;LIQUIDITY RISK </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Historically, AB InBev&#8217;s primary sources of cash flow have been cash flows from operating activities, the issuance of debt, bank borrowings and equity securities. AB InBev&#8217;s material cash requirements have included the following: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Debt servicing; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Capital expenditures; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in companies; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Increases in ownership of AB InBev&#8217;s subsidiaries or companies in which it holds equity investments; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Share buyback programs; and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 2%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Payments of dividends and interest on shareholders&#8217; equity. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company believes that cash flows from operating activities, available cash and cash equivalents as well as short term investments, along with related derivatives and access to borrowing facilities, will be sufficient to fund capital expenditures, financial instrument liabilities and dividend payments going forward. It is the intention of the company to continue to reduce its financial indebtedness through a combination of strong operating cash flow generation and continued refinancing. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the nominal contractual maturities of the company&#8217;s non-derivative financial liabilities including interest payments and derivative liabilities: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contractual<br/> cash<br/> flows</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Less<br/> than<br/> 1&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(70 199)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(115 992)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 962)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 398)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 951)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(86 573)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26 324)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26 547)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25 410)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(177)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(277)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(532)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 397)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 706)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(704)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(606)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(448)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(447)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(501)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(221)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(239)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(84)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(99 351)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(145 700)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(29 358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(9 001)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 039)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(12 686)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(87 617)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(563)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(563)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(416)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(59)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(87)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(60)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(32)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 397)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 397)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 105)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(111)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(105)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(44)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which: related to cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(460)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(460)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(425)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 80%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contractual<br/> cash<br/> flows</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Less<br/> than<br/> 1&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69 484)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(113 412)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 453)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 416)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 311)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14 352)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(84 881)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24 601)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24 760)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23 750)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(257)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(128)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(328)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(297)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 592)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(639)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(620)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(398)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(447)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(488)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(19)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(269)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(297)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(172)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(96 770)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(141 181)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(28 113)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 391)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 861)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(15 138)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(85 678)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(55)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(55)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(93)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 885)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 885)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(47)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which: related to cash flow hedges</div></div> </td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(91)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">I) &#8195;CAPITAL MANAGEMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev continuously optimizes its capital structure to maximize shareholder value while keeping the financial flexibility to execute strategic projects. AB InBev&#8217;s capital structure policy and framework aim to optimize shareholder value through cash flow distribution to the company from its subsidiaries, while maintaining an investment-grade rating and minimizing investments with returns below AB InBev&#8217;s weighted average cost of capital. Besides the statutory minimum equity funding requirements that apply to the company&#8217;s subsidiaries in the different countries, AB InBev is not subject to any externally imposed capital requirements. Management uses the same debt/equity classifications as applied in the company&#8217;s IFRS reporting to analyze the capital structure. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">J) &#8195;FAIR VALUE </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized in the statement of financial position. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, lease liabilities and derivative financial instruments have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td></td>
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<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
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<td style="width: 9%; vertical-align: bottom;"></td>
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<td style="vertical-align: bottom;">&#160;</td>
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<td style="vertical-align: bottom;">&#160;</td>
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<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1px;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="13" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair&#160;value</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair&#160;value</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41 050)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41 863)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(45 800)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(45 558)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27 854)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27 187)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21 915)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21 605)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(519)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(467)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 046)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(465)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(484)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(461)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(364)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(362)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(375)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(373)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(70 296)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(70 343)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(69 682)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(69 044)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the fair value hierarchy, which classifies financial instruments according to the extent to which their valuation relies on observable market inputs: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted&#160;(unadjusted)<br/> prices - level 1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Observable&#160;market<br/> inputs - level 2</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Unobservable&#160;market<br/> inputs - level 3</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">454</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">207</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">696</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">241</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 609</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">396</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">227</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">64</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 333</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">241</div></div></div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted&#160;(unadjusted)<br/> prices - level 1</div></div></div></td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Observable&#160;market<br/> inputs - level 2</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Unobservable&#160;market<br/> inputs - level 3</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Assets</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Held for trading (non-derivatives)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">345</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">796</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 644</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">105</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 857</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">288</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">There were no significant changes in the measurement and valuation techniques, or significant transfers between the levels of the financial assets and liabilities during the period. Movements in the fair value &#8220;level 3&#8221; category of financial liabilities, measured on a recurring basis, are mainly related to the settlement and remeasurement of deferred consideration from prior years acquisitions and the put option as described below. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-derivative financial liabilities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As part of the 2012 shareholders agreement between Ambev and E. Le&#243;n Jimenes S.A. (&#8220;ELJ&#8221;), following the acquisition of Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;), a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#8217; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately 12% of the shares of CND for a net consideration of 0.3 billion US dollar. The closing of the transaction resulted in Ambev&#8217;s participation in CND increasing from 85% to 97%. ELJ currently holds 3% of CND and the remaining put option is exercisable as from 2026. As of 31&#160;December 2025, the put option on the remaining shares held by ELJ was valued at 210m US dollar (31 December 2024: 195m US dollar) and recognized as a deferred consideration on acquisitions at fair value in the &#8220;level 3&#8221; category above. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">K) &#8195;HEDGING RESERVES </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company&#8217;s hedging reserves disclosed in Note 21 C<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">hanges in equity and earnings per share</div></div> relate to the following instruments: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(241)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">731</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">403</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(312)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(81)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(111)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(192)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">82</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">308</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">390</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(304)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">486</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">54</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">519</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">573</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(273)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(264)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(241)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">731</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">L) &#8195;OFFSETTING FINANCIAL ASSETS AND LIABILITIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 46%;"></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="16" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">728</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">728</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(725)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 397)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 397)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">725</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 672)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 46%; font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">815</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">815</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(814)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 886)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 886)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">814</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 071)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 120pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 120pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net amount recognized in the statement of financial position after considering agreements that meet the offsetting criteria under IFRS. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div>&#160;</td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other<br></strong></div></th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Collateral given for own liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">292</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contractual commitments to purchase property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">171</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">257</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other contractual commitments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 687</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other commitments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 684</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;">The collateral given for own liabilities of 292m US dollar as of 31&#160;December 2025 contains 144m US dollar cash guarantees (31 December 2024: 133m US dollar). Such cash deposits are a customary feature associated with litigations in Brazil: in accordance with Brazilian laws and regulations a company may or must (depending on the circumstances) place a deposit with a bank designated by the court or provide other security such as collateral on property, plant and equipment, insurance guarantees or letters of guarantees. With regard to judicial cases, AB InBev has made the appropriate provisions in accordance with IAS 37 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Provisions, Contingent Liabilities and Contingent Assets</div></div> &#8211; see also Note 25 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Provisions</div></div>. In the company&#8217;s statement of financial position, the cash guarantees are presented as part of other receivables &#8211; see Note 19 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Trade and other receivables</div></div>. The legal proceedings covered by insurance guarantees and letters of guarantee issued by the company are disclosed in Note 29<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Contingencies</div></div>. The remaining part of collateral given for own liabilities of 148m US dollar as of 31&#160;December 2025 (31 December 2024: 107m US dollar) contains collateral on AB InBev&#8217;s property in favor of the excise tax authorities, the amount of which is determined by the level of the monthly excise taxes due, inventory levels and transportation risk, and collateral on its property, plant and equipment with regard to outstanding loans. To the extent that AB InBev would not respect its obligations under the related outstanding contracts or would lose the pending judicial cases, the collateralized assets would be used to settle AB InBev&#8217;s obligations. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev has entered into commitments to purchase property, plant and equipment for 171m US dollar at 31&#160;December 2025 (31 December 2024: 257m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other contractual commitments mainly comprise sponsorship agreements and contractual commitments to acquire loans to associates and customers. In a limited number of countries AB InBev has committed itself to acquire loans to associates/customers from banks at their notional amount if the associates/customers do not respect their reimbursement commitments towards the banks. The total outstanding amount of such loans is 40m US dollar at 31&#160;December 2025 (31 December 2024: 57m </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;">US dollar). During 2025, AB InBev entered into a six-year sponsorship agreement <div style="display:inline;">in men&#8217;s soccer </div>for the <div style="display:inline;">UEFA</div> Champions League<div style="display:inline;">, UEFA Europa League,</div> and <div style="display:inline;">UEFA Conference League competitions.</div> The company will be the exclusive beer sponsor for six<div style="display:inline;">&#160;</div>seasons starting in 2027. The agreement is valued at approximately<div style="display:inline;">&#160;</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">0.2 billion US dollar per season and will be recognized as an intangible asset in 2027. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other commitments amount to 1 816m US dollar at 31&#160;December 2025 and mainly cover guarantees given to pension funds, rental and other guarantees (31 December 2024: 1 684m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;">In order to fulfil AB InBev&#8217;s commitments under various outstanding stock option plans, AB InBev entered into stock lending arrangements. For more details, refer to Note 21 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Changes in equity and earnings per share</div></div>. </div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">M&amp;A related commitments </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, we had the following commitments and other items related to M&amp;A. </div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Cervecer&#237;a Nacional Dominicana S.A. (&#8220;CND&#8221;) </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As part of the 2012 shareholders agreement between Ambev and ELJ, following the acquisition of CND, a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#8217; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately 12% of the shares of CND for a net consideration of 0.3 billion US dollar. The closing of the transaction resulted in Ambev&#8217;s participation in CND increasing from 85% to 97%. ELJ currently holds 3% of CND and the remaining put option is exercisable as from 2026. As of 31&#160;December 2025, the put option on the remaining shares held by ELJ was valued at 210m US dollar (31 December 2024: 195m US dollar). </div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Beatbox beverages </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 5&#160;December 2025, AB InBev announced it had entered into an agreement under which AB InBev will acquire 85&#160;% of Beatbox Beverages, a ready-to-drink alcohol beverage business in the United States for a purchase price of up to approximately 490<div style="display:inline;">m</div> </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">US dollar</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> with a path to 100% ownership after five years based on a predetermined pricing formula. 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<td style="width: 5%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29.</div></div></div></td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: left; font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contingencies </div></div></div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company has contingencies related to legal proceedings and tax matters arising in the normal course of its business. Due to their nature, such legal proceedings and tax matters involve inherent uncertainties including, but not limited to, court rulings, negotiations between affected parties and governmental actions, and as a consequence AB InBev&#8217;s management cannot at this stage estimate the likely timing of resolution of these matters. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most significant contingencies are discussed below. Amounts have been converted to US dollar at the closing rate of the respective period. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company and its subsidiaries have insurance guarantees and letters of guarantee for certain legal proceedings, which are presented as guarantees to the court in civil, labor and tax proceedings. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AMBEV TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025 and 31&#160;December 2024, AB InBev&#8217;s material tax proceedings are related to Ambev and its subsidiaries. Estimates of amounts of possible loss are as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">19 049</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 691</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most significant tax proceedings of Ambev are discussed below. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">INCOME TAX AND SOCIAL CONTRIBUTION </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Foreign Earnings </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels in Brazil. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2022 and 2023, the Lower Administrative Court rendered favorable and partially favorable decisions to Ambev, some of which are still subject to appeal. The decisions cancelled part of the disputed tax assessments, recognizing the validity of the methodology adopted by Ambev with respect to the taxation of profits and the goodwill amortization of foreign subsidiaries. Part of these decisions became final in September 2024, representing tax assessments valuing approximately 1.0 billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">0.2</div></div> billion US dollar) as of the time of cancellation. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In August 2024, Ambev received a partially favorable decision from the First-Level Administrative Court with respect to a tax assessment related to the 2018 calendar year. Both Ambev and the Brazilian tax authorities filed appeals and the case awaits decision by the Lower Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2024, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2019 and filed a defense, the outcome of which was partially favorable to Ambev. Ambev has filed an appeal to the Lower Administrative Court which is awaiting judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2025, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2020 and filed an appeal with the First-Level Administrative Court which is awaiting judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"></div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the assessed tax claim<div style="display:inline;">,</div> as well as favorable first-level decisions, which remain subject to review by the second-level judicial court.</div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"> </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 8.0 billion Brazilian real (<div style="display:inline;">1.5</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill InBev Holding </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2011, Ambev received a tax assessment related to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In June 2016, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable decisions at the First-Level Administrative Court and Lower Administrative Court. Ambev and the tax authorities both filed Special Appeals which were partially admitted by the Upper Administrative Court. For the unfavorable portion of the decision which became final at the administrative level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining assessed tax claim, which was granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2023, Ambev received a partially favorable decision at the Upper Administrative Court for the portion of the tax assessment subject to the Special Appeals filed by Ambev and the tax authorities. In June 2023, Ambev filed a judicial proceeding to appeal the unfavorable portion of the decision, which awaits judgment at the first level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 7.7 billion Brazilian real (<div style="display:inline;">1.4</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. In the event Ambev is required to pay these amounts, AB InBev will reimburse the amount proportional to the benefit received by AB InBev pursuant to the merger protocol as well as the related costs. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill Beverage Associate Holding (BAH) </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2013, Ambev received a tax assessment related to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#8220;BAH&#8221;) into Ambev. In April and August 2018, Ambev received new tax assessments charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. These matters were tried at the administrative level, with the Upper Administrative Court rendering partially favorable decisions to Ambev related to the qualified penalties and the statute of limitations for one of the calendar years under discussion. In January and June 2023, Ambev filed judicial proceedings to appeal the unfavorable portion of the decisions and received favorable decisions at the first-level judicial court. The tax authorities appealed these decisions in September 2023 and the matters await judgment at the second-level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 1.6 billion Brazilian real (<div style="display:inline;">0.3</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill CND Holdings </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2017, Ambev received a tax assessment related to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the First-Level Administrative Court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020, the Lower Administrative Court rendered a partially favorable decision to Ambev. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. In February 2024, Ambev withdrew the Special Appeals and as a result, the Lower Administrative Court&#8217;s initial partially favorable decision prevailed. Ambev filed judicial proceedings relating to the unfavorable portion of the decision and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2022, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar year 2017. Ambev filed a defense and in October 2023 received an unfavorable decision from the First-Level Administrative Court, which Ambev appealed to the Lower Administrative Court. In August 2024, Ambev received a favorable decision from the Lower Administrative Court. The decision is not final and is subject to review by the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 1.0 billion Brazilian real (0.2 billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Goodwill MAG </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2022, CRBS S.A (&#8220;CRBS&#8221;) (a subsidiary of Ambev) received a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS. Ambev filed a defense in January 2023. In November 2023, Ambev received a partially favorable decision from the First-Level Administrative Court which reduced the qualified penalty applied to 100% (instead of 150% as initially charged), and was appealed to the Lower Administrative Court by CRBS. In October 2025, the Lower Administrative Court rendered an unfavorable decision to CRBS by a tie-vote, confirming the disallowance of goodwill amortization but limiting the applicable penalty to 75%. This decision is not final and is subject to review by the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 0.3 billion Brazilian real (<div style="display:inline;">0.1</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has continued to take the same deductions for the calendar years following the assessed periods (2021 to February 2022). Therefore, if Ambev receives similar tax assessments for this period, Ambev management believes the outcome would be consistent with the already assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Disallowance of tax paid abroad </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2014, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related to the 2010 tax period), which became definitive. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For the assessments related to the periods of 2015 and 2016, Ambev received unfavorable decisions at the Upper Administrative Court in three out of four tax assessments and filed an appeal to the first-level judicial court in November 2023, which awaits judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In July 2024, the Lower Administrative Court rendered a favorable decision to Ambev in one case related to the 2012 calendar year, but also rendered an unfavorable decision related to evidentiary formalities in a separate case discussing the offset of foreign tax credits for the same calendar year. Ambev has filed an appeal with the judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2025, Ambev received new tax assessments from the Brazilian Federal Tax Authorities challenging the offsets of foreign tax credits for the 2019 calendar year for which it filed a defense. In September 2025, Ambev received an unfavorable decision and appealed to the Lower Administrative Court. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The other cases are still awaiting final decisions at both administrative and judicial courts. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In connection with the disallowance of tax paid abroad, the Brazilian Federal Tax Authorities filed additional tax assessments to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue deductions of taxes paid abroad. Ambev has received tax assessments charging such fines for calendar years 2015 to 2020. For the tax assessments related to the periods of 2016, 2018 and 2019, Ambev received unfavorable decisions from the First-Level Administrative Court and filed appeals in connection therewith, which are pending judgment by the Lower Administrative Court. For the tax assessments related to the periods of 2015 and 2017, Ambev received (i)&#160;an unfavorable decision by the Lower Administrative Court for the case related to the 2015 tax period in August 2024, which was confirmed by the Upper Administrative Court in August 2025 and appealed to the judicial court by Ambev; and (ii)&#160;a favorable decision for the case related to the 2017 tax period in August 2024, for which the tax authorities have filed an appeal to the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The tax assessment charging isolated fine for calendar year 2020 was received in October 2025 and Ambev has filed a defense with the First-Level Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 19.1 billion Brazilian real (<div style="display:inline;">3.5</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev has continued to take the same deductions for the calendar years following the assessed periods (2018, 2020 to 2025). Therefore, if Ambev receives similar tax assessments for these periods, Ambev management believes the outcome would be consistent with the already assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presumed Profit </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2016, Arosuco (a subsidiary of Ambev) received a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income tax and the social contribution on net profits instead of the &#8220;real profit&#8221; method. In September </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">2017, Arosuco received an unfavorable first-level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In March 2019, Arosuco received a new tax assessment regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first-level administrative decision and filed an appeal with the Lower Administrative Court. In February 2024, Arosuco received a favorable decision, which was appealed by the tax authorities to the Upper Administrative Court. In September 2025, the Upper Administrative Court rendered an unfavorable decision to Arosuco, which upheld the tax authorities&#8217; arguments and remanded the case to the Lower Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 0.6 billion Brazilian real (<div style="display:inline;">0.1</div> billion US dollar). Arosuco has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Deductibility of IOC expenses </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2013, as approved in a Shareholders Meeting, Ambev implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares company, among other reasons. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares of its controlled entity, Companhia de Bebidas das Am&#233;ricas, into Ambev. As one of the results of this restructuring, the counterpart register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s share was accounted, as per IFRS 10/CPC 36 and ICPC09, in an equity account of Ambev referred to as carrying value adjustment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As a result of this restructuring, since 2019, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities related to the interest on capital (&#8220;IOC&#8221;) deduction in calendar years 2014 to 2021. The assessments refer primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and its impact on the increase in the deductibility of IOC expenses. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In all of the cases Ambev obtained partially favorable decisions at the First-Level Administrative Court and filed appeals to the Lower Administrative Court. The appeals related to tax assessments involving calendar years 2014 and 2017 to 2021 await judgment by the Lower Administrative Court. The favorable portion of the decisions rendered by the First-Level Administrative Court in these cases is subject to mandatory review by the Lower Administrative Court as well. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">With respect to the tax assessment involving calendar years 2015 and 2016, in May 2024 Ambev obtained an unfavorable decision at the Lower Administrative Court on the merits under discussion, but favorable as it relates to the fines charged by the tax authorities, as the court decision cancelled the qualified penalties charged. In December 2024, the favorable portion of the decision became final, and Ambev appealed the unfavorable portion to the Lower Administrative Court. The Lower Administrative Court did not accept the appeal, and in October 2025, Ambev filed appeals (i)&#160;to the Upper Administrative Court, with respect to the main merits of the assessment and (ii)&#160;to the judicial courts on a specific portion of the 2015 assessment. In December 2025, Ambev received an unfavorable decision from the first-level judicial court that did not analyze the merits of the specific portion of the 2015 assessment as the court determined it would also involve the main merits. Ambev will continue to pursue the matter in the judicial courts. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 30.8 billion Brazilian real (<div style="display:inline;">5.6</div> billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The uncertain tax position, as per IFRIC 23, continued to be adopted by Ambev as it also distributed or accrued IOC in the years following the assessed period (2022-2023) and deducted such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2021, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent with the already assessed periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2023, Law No.&#160;14,789/2023 (introduced in August 2023 as Provisional Measure No.&#160;1,185), was enacted in Brazil, which changed the calculation basis for interest on equity effective as of 1&#160;January 2024. As a result, effective as of 1&#160;January 2024, the uncertain tax treatment, as per IFRIC 23, is limited only to Corporate Income Taxes calculated in accordance with rules and regulations in place prior to the enactment of Law No.&#160;14,789/2023. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Disallowance on Income Tax deduction </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2020, Arosuco, a subsidiary of Ambev, received a tax assessment from the Brazilian Federal Tax Authorities regarding the disallowance of the income tax reduction benefit provided for in Provisional Measure No.&#160;2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020, the First-Level Administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2024, the Lower Administrative Court rendered a partially favorable decision in favor of Arosuco recognizing its right to benefit from the income tax reduction, which was appealed by the tax authorities and confirmed by the Administrative Council of Tax Appeals (CARF) in August 2025. The remaining unfavorable portion of the decision concerns approximately 100&#160;million Brazilian real (18 million US dollar) and relates to the claim regarding a difference in the methodology for calculating the benefit. Due to the confirmation of the favorable portion of the decision, there has been a reduction in the possible contingency of approximately 2.8 billion Brazilian real (<div style="display:inline;">0.5</div> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 192&#160;million Brazilian real (35 million US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">This uncertain tax position, as per IFRIC 23, continued to be applied by Arosuco impacting calendar years following those assessed (2019-2024) in which it benefited from the income tax reduction provided for in Provisional Measure No.&#160;2199-14/2001. In the event Arosuco is questioned on this matter for future periods, and on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent with the previously assessed periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ICMS VALUE ADDED TAX, EXCISE TAX (&#8220;IPI&#8221;) AND TAXES ON NET SALES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Manaus Free Trade Zone &#8211; IPI / Social contributions </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In Brazil, goods manufactured within the Manaus Free Trade Zone (&#8220;MFTZ&#8221;) intended for remittance elsewhere in Brazil are exempt and/ or zero-rated from excise tax (&#8220;IPI&#8221;) and social contributions (&#8220;PIS/COFINS&#8221;). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">With respect to IPI, Ambev&#8217;s subsidiaries have been registering IPI presumed tax credits upon the acquisition of exempted goods manufactured therein and since 2009 have been receiving a number of tax assessments and denials of offset requests from the Brazilian Federal Tax Authorities relating to the disallowance of such credits. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2019, the Brazilian Supreme Court (&#8220;STF&#8221;) announced its judgment on Extraordinary Appeal No.&#160;592.891/SP, with binding effect, recognizing the right of taxpayers to register IPI presumed credits on acquisitions of raw materials and exempted inputs originating from MFTZ. As a result of this decision, Ambev reclassified part of the amounts related to the IPI cases to remote loss. Other issues related to additional discussions that were not included in the analysis of the STF, such as discussions related to the applicable tariff code for concentrate units, remained classified as possible loss. The cases are being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev, through its subsidiary Arosuco, has also received tax assessments from the Brazilian Federal Tax Authorities in relation to PIS/COFINS amounts allegedly due on Arosuco&#8217;s remittance to Ambev subsidiaries. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In April 2024, the Lower Administrative Court rendered an unfavorable decision to Arosuco regarding the PIS/COFINS case, by a casting vote. After receiving notification of the judgment, Arosuco filed a lawsuit to have the dispute decided at the judicial level, which is pending decision. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these proceedings to be approximately 7.3 billion Brazilian real (<div style="display:inline;">1.3</div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">IPI Suspension </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2014 and 2015, Ambev received tax assessments from the Brazilian Federal Tax Authorities relating to IPI allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both the administrative and judicial levels. In July 2022, Ambev received the first judicial decision on this matter, which was unfavorable to Ambev, and filed an appeal. In July 2023, the Federal Court rendered its decision on the appeal, annulling the first-level decision and ordering the production of technical evidence as requested by Ambev in order to demonstrate the proper collection of IPI. The federal government has filed motions for clarification against this decision, which are pending judgment by the Federal Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev in one of the cases related to this matter, which ordered a tax audit to determine the amount of the tax already effectively paid. In January 2024, Ambev </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">was notified of the results of the tax audit, which were partially favorable to Ambev, reducing 98% of the amount allegedly owed by Ambev in this case. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. In December 2024, the case was judged unfavorably to Ambev and is pending appeal. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately 1.3 billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">0.2</div></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS tax credits </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In 2018 and 2021, Ambev received tax assessments from the States of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from transactions with suppliers located in the MFTZ. With regard to the assessment issued by the State of Rio Grande do Sul, Ambev received a favorable judgment at the Lower Administrative Court, which was amended by the Upper Administrative Court in favor of the tax authorities. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. With respect to the assessments issued by the State of S&#227;o Paulo, all were decided unfavorably to Ambev at the first administrative level, and Ambev has filed appeals at the Lower Administrative Court. In two of these cases, Ambev received an unfavorable decision from the Lower Administrative Court, which are not final and have been appealed to the Upper Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible losses related to these assessments to be approximately 0.9 billion Brazilian real (<div style="display:inline;">0.2</div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS-ST Trigger </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Over the years, Ambev has been receiving tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant states, cases in which the state tax authorities contend that the calculation basis should be based on a value-added percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases are being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2025, the STF rendered its judgment on a separate constitutional case, Extraordinary Appeal No.&#160;882,461 (&#8220;Theme 816&#8221;), which in part established a 20% limit for late fines. This limit established by Theme 816 applies to certain of Ambev&#8217;s cases relating to these tax assessments, resulting in a reclassification of the risk of loss from possible to remote for a portion of the assessed amount totaling 0.8 billion Brazilian real (0.2 billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In July 2025, Law No.&#160;25,378/2025 of the state of Minas Gerais, which limits the application of isolated fines to a maximum of 50% of the tax due, was enacted. This law is applicable to certain of Ambev&#8217;s cases relating to these tax assessments, and resulted in a reclassification of the risk of loss from possible to remote in the approximate amount of 1.0 billion Brazilian real (0.2 billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2025, Ambev received new tax claims from the State of Maranh&#227;o in the amount of approximately 1.4 billion Brazilian real (<div style="display:inline;">0.3</div> billion US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the total possible loss related to this issue to be approximately 12 billion Brazilian real (<div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">2.2</div></div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">ICMS-PRODEPE </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Over the years, Ambev has received some tax assessments in relation to the ICMS tax incentive program of the State of Pernambuco (PRODEPE). In 2015, Ambev received tax assessments from the state regarding alleged differences in the ICMS tax collected relating to the rectification of errors in a handful of ancillary obligations included in Ambev&#8217;s tax filing. In 2017, Ambev received a final favorable decision recognizing the tax assessments were null due to formal errors. In September 2018, Ambev received a new tax assessment relating to the same ICMS differences. In June 2020, Ambev received a partially favorable decision at the first administrative level that recognized new formal errors in the tax assessment. The favorable portion of the decision became final in 2023. The second administrative level did not recognize Ambev&#8217;s appeal of the unfavorable portion of the decision, which Ambev appealed to the judicial level in March 2024 where it awaits judgement. There are other cases being challenged at both the administrative and judicial levels. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the total possible loss related to this issue to be approximately 0.9 billion Brazilian real (0.2 billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">SOCIAL CONTRIBUTIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2015, Ambev has received tax assessments issued by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. Most of the cases were cancelled at the administrative level with one case being tried at the judicial level. Following an unfavorable decision to Ambev at the first-level judicial court, the case is now pending decision by the second-level judicial court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately 0.6 billion Brazilian real (<div style="display:inline;">0.1</div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TAX FINES ON BRAZILIAN CORPORATE INCOME TAX ANCILLARY OBLIGATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2021, Ambev has been receiving tax assessments charging penalties related to the preparation of Brazilian Corporate Income Tax Ancillary Obligation with allegedly inaccurate, incorrect, or omitted information. </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">Ambev</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> has three assessments on this matter for calendar years 2018, 2019 and 2020. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Regarding the 2018 calendar year, Ambev received a partially favorable decision from the First-Level Administrative Court and filed an appeal against the unfavorable portion with the Lower Administrative Court, which is pending judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In November 2024, Ambev received a tax assessment for the 2019 calendar year and received an unfavorable decision from the First-Level Administrative Court. Ambev filed an appeal with the Lower-Administrative Court, which is pending judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In December 2025, Ambev received a tax assessment for the 2020 calendar year and filed a defense with the First-Level Administrative Court. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Ambev management estimates the possible loss related to these assessments to be approximately 1.0 billion Brazilian real (<div style="display:inline;">0.2</div> billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S TANZANIAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Tanzania Breweries Limited (&#8220;TBL&#8221;), a subsidiary of AB InBev in Tanzania, received a tax assessment for 850 billion Tanzanian shillings (0.3 billion US dollar) related to income tax on the alleged capital gain derived from the change in underlying ownership of TBL which the Tanzania Revenue Authority claims was more than 50% following the 2016 combination of SAB and AB InBev. TBL filed an appeal to the Tax Revenue Appeals Board with a hearing date initially scheduled for June 2025, which has been postponed to facilitate settlement discussions. No related provision has been made based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S SOUTH AFRICAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The South African Revenue Service (&#8220;SARS&#8221;) conducted an audit of AB InBev&#8217;s South African subsidiary, the South African Breweries (Pty) Ltd. (&#8220;SAB&#8221;), in relation to the 2017 repurchase of SAB&#8217;s equity stake in Coca-Cola Beverages Africa (Pty) Ltd (&#8220;CCBA&#8221;), the Coca-Cola bottling business in Africa, by CCBA and the related subscription for shares in CCBA by subsidiaries of The Coca-Cola Company (&#8220;TCCC&#8221;). The assessment from SARS claimed that SAB owed 6.4 billion South African Rand (<div style="display:inline;">0.4</div> billion US dollar) in taxes plus penalties and interest, which as at the time of assessment totalled 17.7 billion Rand (<div style="display:inline;">1.0</div> billion US dollar). The repurchase transaction also included an indemnity for certain tax liabilities of CCBA. CCBA notified SAB that CCBA had received an assessment from SARS for 8.9 billion Rand (<div style="display:inline;">0.5</div> billion US dollar). Both of these assessments were contested. Both disputes have been resolved and SAB has paid 4.5 billion South African Rand (<div style="display:inline;">0.3</div> billion US dollar) in respect of these South African tax matters to SARS. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB INBEV&#8217;S PERUVIAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s Peruvian majority owned subsidiaries, Union de Cervecerias Peruanas Backus&#160;&amp; Johnston (&#8220;Backus&#8221;) and Cerveceria San Juan S.A (&#8220;San Juan&#8221;), challenged the amount of excise tax paid to the Peru tax authority (SUNAT) for the years 2014 to 2019. SUNAT initiated tax audits for the periods involved, rejected the refund claims and assessed further excise taxes for the period of 2017 to 2019. If Backus and San Juan are successful, no excise tax would ultimately be payable and the claim could result in the refund of approximately 3.0 billion Peruvian sol (<div style="display:inline;">0.9</div> billion US dollar). If unsuccessful, management estimates the possible loss to be approximately 2.1 billion Peruvian sol (<div style="display:inline;">0.6</div> billion US dollar). Backus and San Juan have pre-paid a portion of the amounts assessed (0.5 billion Peruvian sol (0.1 billion US dollar)), pending outcome of the challenge and any appeal(s). In November 2024, Backus and its main UK shareholder submitted an arbitration request to the International Centre for Settlement of Investment Disputes (ICSID), against Peru, claiming that </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">the tax assessments violated international law. In June 2025, the arbitral tribunal issued a provisional measure pursuant to which Backus, San Juan, and AB InBev Southern Investment Ltd shall not be required to make any further payments until the tribunal has issued its final decision. No related provision for this matter has been made based on the probability of loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">OTHER TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In February 2015, the European Commission opened an in-depth state aid investigation into the Belgian excess profit ruling system. On 11&#160;January 2016, the European Commission adopted a negative decision finding that the Belgian excess profit ruling system constitutes an aid scheme incompatible with the internal market and ordering Belgium to recover the incompatible aid from a number of aid beneficiaries. The Belgian authorities contacted the companies that had benefitted from the system and advised each company of the amount of incompatible aid that is potentially subject to recovery. The European Commission&#8217;s decision was appealed to the European Union&#8217;s General Court by Belgium on 22&#160;March 2016 and by AB InBev on 12&#160;July 2016. On 14&#160;February 2019, the European General Court concluded that the Belgian excess profit ruling system does not constitute illegal state aid. The European Commission appealed the judgment to the European Court of Justice. The public hearing in the framework of the appeal proceedings took place on 24&#160;September 2020 and AB InBev was heard as an intervening party. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">On 3&#160;December 2020, the Advocate General (AG) of the European Court of Justice presented her non-binding opinion on the appeal procedure related to the 11&#160;January 2016 opening decision, stating that, contrary to the 14&#160;February 2019 judgment of the European General Court, the Belgian excess profit ruling system would fulfil the legal requirements for an &#8220;aid scheme&#8221;. In the initial European General Court judgment, the court limited itself to finding the Belgian excess profit rulings were not an &#8220;aid scheme&#8221;, but did not consider whether they constituted State aid. Consequently, the AG advised the European Court of Justice to refer the case back to the European General Court to review whether the Belgian excess profit rulings constitute State aid. On 16&#160;September 2021, the European Court of Justice agreed with the AG and concluded that the excess profit ruling system constitutes an aid scheme and set aside the judgment of the European General Court. The case was referred back to the European General Court to decide whether the Belgian excess profit ruling system constitutes illegal State aid as well as the other remaining open issues in the appeal. On 20&#160;September 2023, the European General Court upheld the European Commission&#8217;s decision. That judgment has been appealed by AB InBev and other parties to the European Court of Justice. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Following the initial annulment of the European Commission&#8217;s decision by the European General Court in 2019, the European Commission opened new state aid investigations into the individual Belgian tax rulings, including the one issued to AB InBev in September 2019, to remedy the concerns that had led to the annulment. These investigations relate to the same rulings that were the subject of the European Commission&#8217;s decision issued on 11&#160;January 2016. AB InBev has filed its observations in respect of the opening decisions with the European Commission. On 28&#160;October 2021, the European Commission stayed the new state aid investigations into the individual Belgian tax rulings pending final resolution of the case. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In addition, the Belgian tax authorities have also questioned the validity and the actual application of the excess profit ruling that was issued in favor of AB InBev and have refused the actual tax exemption which it confers. AB InBev has filed a court claim against such decision before the Brussels court of first instance which ruled in favor of AB InBev on 21&#160;June 2019, and again on 9&#160;July 2021 for subsequent years. The Belgian tax authorities appealed both judgments. On 11&#160;June 2025, the Brussels Court of Appeal rendered a judgement in favor of AB InBev for calendar years 2011 and 2012&#160;</div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">in one of the claims</div>, which was not appealed and is now final.<div style=";text-indent: 0px;display:inline;"> Other claims for the calendar years in question, 2011-2015, remain outstanding on appeal.</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In January 2019, AB InBev deposited 68&#160;million euro (80 million US dollar) in a blocked account. Depending on the final outcome of the European Court procedures on the Belgian excess profit ruling system, as well as the pending Belgian court cases, this amount will either be slightly modified, released back to the company or paid over to the Belgian State. In connection with the European Court procedures, AB InBev recognized a provision of 68&#160;million euro (<div style="display:inline;">80</div> million US dollar) in 2020. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">SOUTH KOREAN TAX MATTERS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During the year ended 31&#160;December 2023, Oriental Brewery Co., Ltd. (&#8220;OB&#8221;), a subsidiary in South Korea recorded a 66&#160;million US dollar exceptional charge relating to a customs audit claim. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During the year ended 31&#160;December 2025, OB recorded a 20&#160;million US dollar exceptional charge related to these customs audit claims for the remaining audit periods. Accordingly, the aggregate amount of exceptional charges related to such claims was 86&#160;million US dollar as of 31&#160;December 2025. </div><div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"><div style=";text-indent: 0px;display:inline;">The claims are</div></div><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> being contested. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In the second quarter of 2025, one of OB&#8217;s employees was indicted in South Korea for embezzlement from OB and commercial bribery, and for alleged customs tax evasion related to the importation of malt covered in the 2023 customs </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">duties audit claim. OB, OB&#8217;s subsidiary ZX Ventures, OB&#8217;s head of logistics and OB&#8217;s chief executive officer were also indicted as joint defendants for the allegation of customs tax evasion. OB and the joint defendants are defending against the customs tax evasion charges. The potential penalty exposure is not expected to be material to AB InBev. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">CERBUCO BREWING ARBITRATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;) a Canadian subsidiary of Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#8220;Bucanero&#8221;), a joint venture in Cuba. In 2021, Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#8220;ICC&#8221;), relating to the potential breach of certain obligations relating to the joint venture. On 24&#160;October 2024, the ICC released an arbitration award partially favorable to Cerbuco. The decision is final and the second phase of the arbitration relating to quantification of damages is ongoing. In May 2025, Cerbuco was notified of a lawsuit filed by Coralsa (its joint venture partner) in Paris seeking annulment of the arbitration award. This new case is ongoing, and no decision has yet been made on it. The outcome of both proceedings may affect Ambev&#8217;s ability to continue consolidating Bucanero into its financial statements under IFRS 10. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">PROPOSED CLASS ACTION IN QUEBEC </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Labatt and other third-party defendants have been named in a proposed class action lawsuit in the Superior Court of Quebec seeking unquantified compensatory and punitive damages.&#160;The plaintiffs allege that the defendants failed to warn of certain specific health risks of consuming defendants&#8217; alcohol beverages.&#160;A sub-class of plaintiffs further alleges that their diseases were caused by the consumption of defendants&#8217; products.&#160;The proposed class action has not yet been authorized by the Superior Court. </div></div> <span></span>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Non-controlling interests<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory', window );">Non-controlling interests</a></td>
<td class="text"> <div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 5%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30.</div></div></div></td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-controlling interests </div></div></div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025 and 2024, material non-controlling interests relate to Ambev, a Brazilian listed subsidiary in which AB InBev has 61.73% ownership, and Budweiser APAC, an Asia Pacific listed subsidiary in which AB InBev has 87.22% ownership. The tables below provide summarized information derived from the consolidated financial statements of Ambev and Budweiser APAC as of 31&#160;December 2025, 2024 and 2023, in accordance with IFRS. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized financial information of Ambev and Budweiser APAC, in which the company has material non-controlling interests, is as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 976</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 832</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 924</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 947</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 186</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">608</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">605</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity attributable to equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 977</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 930</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 262</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 184</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">156</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">151</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">56</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 82%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
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<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Ambev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Budweiser APAC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Million US dollar</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2023&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2023&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized income statement and&#160;other comprehensive income information</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 751</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 678</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 920</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 764</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 246</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 856</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 854</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 987</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">520</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">880</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Attributable to:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 767</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 692</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 895</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">489</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">719</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">852</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 854</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 987</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">520</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">880</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from operating activities</div></div> </td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 917</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">565</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid by Ambev and its subsidiaries to non-controlling interests (i.e., to entities outside the AB InBev Group) amounted to 1.4 billion US dollar for 2025 (2024: 0.8 billion US dollar; 2023: 1.0 billion US dollar). In 2025, Budweiser APAC and its subsidiaries paid a final dividend related to the financial year 2025 to non-controlling interests amounting to 119m US dollar (2024: 119m US dollar; 2023: 94m US dollar). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-controlling interests not deemed individually material by the company mainly related to the company&#8217;s operations in Africa in association with the Castel Group (e.g., Botswana, Ghana, Mozambique, Nigeria, Tanzania, Uganda and Zambia), as well as non-controlling interests in US-based metal container operations from Apollo Global Management, Inc. (&#8220;Apollo&#8221;) and non-controlling interests recognized in respect of the company&#8217;s subsidiaries in Colombia, Ecuador and Peru. </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related parties<br></strong></div></th>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRelatedPartyExplanatory', window );">Related parties</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31. Related parties </div></div></div></div> <div style="font-family: Arial; font-size: 11pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH DIRECTORS AND EXECUTIVE COMMITTEE MEMBERS (KEY MANAGEMENT PERSONNEL) </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;">AB InBev&#8217;s Executive Committee members&#8217; compensation consists of short-term employee benefits (primarily salaries) and post-employment benefits from pension plans of their respective country &#8211; see also Note 23<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Pensions and similar obligations</div></div>. Key management personnel are also eligible for the company&#8217;s share option, restricted stock and other share-based programs (see Note 24<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Share-based Payments</div></div>). Total directors and Executive Committee compensation included in the income statement can be detailed as follows: </div>  <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> Committee&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> &#8195;Committee&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Directors&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Executive&#8195;<br/> &#8195;Committee&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Short-term employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12&#8195;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">57&#8195;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55&#8195;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46&#8195;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">68&#8195;</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">58&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Directors&#8217; compensation consists mainly of directors&#8217; fees. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">During 2025, AB InBev entered into the following transactions: </div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease of commercial premises and the acquisition of natural gas from and the sale of malt-based beverages and beer to companies in which one of the company&#8217;s Board Member had a significant influence as of 31&#160;December 2025. The transactions happened mainly through AB InBev&#8217;s subsidiary Bavaria S.A. for an aggregated consideration of approximately 98m US dollar (31 December 2024: 112m US dollar; 31&#160;December 2023: 65m US dollar). The outstanding balance of these transactions as of 31&#160;December 2025 amounts to 11m US dollar (31 December 2024: 9m US dollar; 31&#160;December 2023: 3m US dollar). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">JOINTLY CONTROLLED ENTITIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interests in joint ventures include two entities in Brazil, one in Mexico and two in Canada. None of these joint ventures are material to the company. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH ASSOCIATES </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Significant interests in associates are shown in note 16 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates</div></div>. AB InBev&#8217;s transactions with associates were as follows: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(215)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(233)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"><div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">TRANSACTIONS WITH PENSION PLANS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s transactions with pension plans mainly comprise (12)m US dollar other expense to pension plans in the US in 2025 (2024: (12)m US dollar; 2023: (13)m US dollar). </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Section Disclosures<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;doctype=Standard&amp;dita_xref=IAS24_g13-24_TI<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Supplemental guarantor financial information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSupplementalGuarantorInformationExplanatory', window );">Supplemental guarantor financial information</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">32. Supplemental guarantor financial information </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">European public debt </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Certain debt securities issued outside the United States in reliance on Regulation S by Anheuser-Busch InBev SA/NV (&#8220;ABISA&#8221;) under its Euro Medium-Term Note Programme are guaranteed by Anheuser-Busch InBev Worldwide Inc. (&#8220;ABIWW&#8221;), Anheuser-Busch InBev Finance Inc. (&#8220;ABIFI&#8221;), Anheuser-Busch Companies, LLC (&#8220;ABC&#8221;), Brandbrew S.A. (&#8220;Brandbrew&#8221;), Brandbev S.&#224; r.l. (&#8220;Brandbev&#8221;) and Cobrew NV (&#8220;Cobrew&#8221;) (collectively, the &#8220;Subsidiary Guarantors&#8221;). ABISA owns, directly or indirectly, 100% of each of the Subsidiary Guarantors. The information presented below has been presented to satisfy the disclosure requirements of the United Kingdom Financial Conduct Authority. </div></div> <div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized Financial Information </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The first five columns in the table below present summarized financial information for (i)&#160;ABISA, (ii)&#160;ABIWW, (iii)&#160;ABIFI and (iv)&#160;ABC, and (v)&#160;Brandbrew, Brandbev and Cobrew. Investments in consolidated subsidiaries are presented under the equity method of accounting as &#8220;Other non-current assets&#8221;. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The final column presents financial information for ABISA and the Subsidiary Guarantors on a combined basis after elimination of intercompany transactions and balances among them and excluding investments in and equity in the earnings of both non-Guarantor Subsidiaries and Guarantor Subsidiaries. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2025</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABISA</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">561</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 632</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(60)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 134</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(518)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 791)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 254)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 840</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 879</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 008</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 649)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 693)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">178</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">57</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">148</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 004</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 073</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 243</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(757)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 832)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 469)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of result of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(28)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">402</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(165)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(638)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 426)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">980</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 023)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 475</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 220</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">239</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 566)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 837</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(206)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 220</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 681</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 566)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 023)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 86%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2024</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABISA</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">507</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 877</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(61)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 323</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(470)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 024)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 440)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 883</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 081</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 607)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 659)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">633</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">523</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">530</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 077</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 139</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 747</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(588)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 496)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(891)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">248</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 709)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(83)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(76)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(43)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(141)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(290)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">172</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">240</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 995</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">408</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">869</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 855</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">118</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">408</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 109</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 509)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 80pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 80pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div>
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<td style="width: 1%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses) and Net finance income/(expense) include exceptional items. </div></div> </td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="clear: both; max-height: 0px; text-indent: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">
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<td style="vertical-align: top; white-space: nowrap; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Statement of Financial Position</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;As at 31&#160;December 2025</div> <div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;">&#160;</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Million US dollar</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABISA</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABC</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Eliminations</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 727</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 759</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 330</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42 756</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 520</div></td>
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<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43 964</div></td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">114 509</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117 583</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 418</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(301 511)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 248</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">119 236</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">107 003</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 335</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">160 339</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33 938</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(318 638)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">105 212</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 090</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 120</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">465</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 250</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 855</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 468)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18 313</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">292</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">344</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 977</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 019</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 642</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 383</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 464</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">476</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 227</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 873</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 468)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26 954</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">87 288</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50 730</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">415</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">133 928</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28 247</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(301 511)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(903)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 613</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 718</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 561</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">509</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17 128)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 273</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 386</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 030</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 303</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 544</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">77 397</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41 999</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">45 748</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 303</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31 105</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">642</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(17 128)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">105 670</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">325</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 476</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 744</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 228</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 468)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 305</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 007</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">513</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 789</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 694</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 094</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 332</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 989</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">92</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 533</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 922</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 468)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27 400</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="font-size: 24pt; margin-top: 0px; margin-bottom: 0px;">&#160;</div>
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<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Statement of Financial Position</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;As at 31&#160;December 2024</div> <div style="font-size: 14pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">&#160;</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Million US dollar</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABISA</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABIWW</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABIFI</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABC</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Brandbrew,<br/>Brandbev<br/>and<br/>Cobrew</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; text-align: left; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Eliminations</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/>and<br/>Subsidiary<br/>Guarantors<br/>after<br/>eliminations</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 779</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 792</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 472</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39 257</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 629</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15 415)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">54 513</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">103 542</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102 143</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">124 340</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 309</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(295 233)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62 104</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">115 321</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">110 935</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 473</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">163 597</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33 938</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(310 648)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">116 617</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 373</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">459</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 162</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 338</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 757)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 669</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">251</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">116</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 598</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 327</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 301</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 625</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">210</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">467</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 760</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 666</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 757)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 971</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">78 237</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50 936</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">405</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">132 668</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28 542</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(295 233)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 445)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 265</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 444</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 080</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">484</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15 415)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34 858</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 647</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25 920</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 443</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 256</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76 330</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37 912</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">49 364</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 443</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">35 336</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">548</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(15 415)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">111 188</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">181</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 295</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 908</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 827</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 757)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 459</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 617</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">550</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 445</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 686</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 385</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 798</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 845</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 353</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 513</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 757)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20 844</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of supplemental guarantor information.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
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<td class="text"> <div style="margin-top:24pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33. Events after the reporting date </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;">On 6&#160;January 2026, AB InBev announced it had exercised its right to reacquire the<div style="display:inline;">&#160;</div></div></div>49.9<div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">% </div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">minority stake in its US-based metal container plants from a consortium of institutional investors led and/or advised by affiliates of Apollo Global Management, Inc. (NYSE: APO). On 30 January 2026, AB InBev announced that it had completed the acquisition of this minority stake for approximately</div></div><div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div>2.9<div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> billion US dollar.</div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for events after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2025-01-01<br> -Section Disclosure<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=10&amp;code=ifrs-tx-2025-en-r&amp;doctype=Standard&amp;dita_xref=IAS10_g17-22_TI<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>AB InBev companies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory', window );">AB InBev companies</a></td>
<td class="text"> <div id="fin65314_100a" style="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><div style="color:#e6b711;display:inline;"><div style="font-weight:bold;display:inline;">34. AB InBev companies </div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most important AB&#160;InBev companies included in the consolidation scope are listed below. The complete list of the company&#8217;s investments is available at AB&#160;InBev NV, Brouwerijplein 1, B-3000 Leuven, Belgium. The address of the registered office of the company is Grand Place 1, 1000 Brussels, Belgium. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(127, 127, 127); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">LIST OF THE MOST IMPORTANT FULLY CONSOLIDATED COMPANIES </div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;Name and registered office of the fully consolidated companies</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">%&#160;economic&#160;interest&#160;as<br/> of 31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Argentina</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cerveceria y Malteria Quilmes Saica Y G - Charcas 5160 - C1425BOF - Buenos Aires</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Belgium</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev NV/SA - Grand Place 1 - 1000 - Brussels</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Brasserie de l&#8217;Abbaye de Leffe S.A. - Place de l&#8217;Abbaye, 1 - 5500 - Dinant</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cobrew N.V - Brouwerijplein 1, 3000 - Leuven</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">InBev Belgium BV/SRL - Boulevard Industriel, 21 - 1070 Anderlecht</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bolivia</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cervecer&#237;a Boliviana Nacional S.A. - Av. Montes 400&#160;&amp; Calle Chuquisaca No.&#160;121, Zona Challapampa - La Paz</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Botswana</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone&#185;</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazil</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#176; Andar Itaim Bibi - S&#227;o Paulo</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canada</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Labatt Brewing Company Limited - 207 Queen&#8217;s Quay West, Suite 299 - M5J 1A7 - Toronto</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chile</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.73%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">China</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch Inbev (China) Sales Company Limited - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84.66%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">56.69%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Bavaria&#160;&amp; Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99.16%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Czech Republic</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div> </td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ecuador</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cervecer&#237;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#237;o Daule&#160;- EC090150 - Guayaquil, Guayas</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">El Salvador</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">France</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
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<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.80%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Honduras</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Hondure&#241;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Hong Kong</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">India</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.07%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Italy</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Luxembourg</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98.30%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Mozambique</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervejas De Mo&#231;ambique SA - Rua do Jardim 1329 - Maputo</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Netherlands</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Nigeria</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68.31%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Panama</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#225;</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.73%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Paraguay</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#237;o a Villeta N&#176; 825</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">53.92%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Peru</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Uni&#243;n de Cervecer&#237;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">95.35%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Africa</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Korea</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"></td>
<td style="vertical-align:bottom"></td>
<td style="vertical-align:bottom"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Spain</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Compa&#241;&#237;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">51.03%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Switzerland</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Tanzania</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">1</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39.65%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="font-size:40pt;margin-top:0pt;margin-bottom:0pt">&#160;</div> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%">&#160;</div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
<tr style="page-break-inside:avoid">
<td style="width:1%;vertical-align:top;text-align:left"><div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: justify; line-height: normal;">The company is consolidated due to the group&#8217;s majority shareholders and ability to control the operations. </div> </td> </tr> </table><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"> </div>
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<tr>
<td style="width: 98%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Uganda</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.76%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United Kingdom</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev International Brands Limited - AB InBev House, Church Street West, Woking, Surrey, GU21 6HT</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev UK Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI SAB Group Holding Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI UK Holding 1 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI UK Holding 2 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Vietnam</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="clear: both; max-height: 0px; text-indent: 0px;"></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">LIST OF THE MOST IMPORTANT COMPANIES CONSOLIDATED BY APPLYING THE EQUITY METHOD OF ACCOUNTING (ASSOCIATES) </div></div></div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;Name and registered office of associates</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Soci&#233;t&#233; des brasseries et glaci&#232;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris</div><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Luxembourg</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg</div><div style="display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27.50%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg</div><div style="display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Netherlands</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">50.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Turkey</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#231;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#231;elievler Istanbul</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Zimbabwe</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24.48%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-size: 50pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 50pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;text-indent: 0px;">&#160;</div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 7pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Related to Castel group. </div></div> </td> </tr> </table> <span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for interests in other entities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 1<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_1&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TextBlock1Abstract', window );"><strong>Text Block1 [Abstract]</strong></a></td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory', window );">BASIS OF PREPARATION AND MEASUREMENT</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(A)&#8194;BASIS OF PREPARATION AND MEASUREMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), the cost approach is applied. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory', window );">FUNCTIONAL AND PRESENTATION CURRENCY</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(B)&#8194;FUNCTIONAL AND PRESENTATION CURRENCY </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar, which is the company&#8217;s presentation currency, and has been rounded to the nearest million. The functional currency of the parent company is the euro. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory', window );">PRINCIPLES OF CONSOLIDATION</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(C)&#8194;PRINCIPLES OF CONSOLIDATION </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subsidiaries are those entities controlled by AB&#160;InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Associates are undertakings in which AB&#160;InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB&#160;InBev&#8217;s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB&#160;InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The financial statements of the company&#8217;s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In&#160;exceptional cases&#160;when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev&#8217;s financial statements.&#160;In such cases, the difference between the end of the reporting period of&#160;these subsidiaries, joint ventures, joint operations or associates&#160;from AB InBev&#8217;s reporting period is no more than three months. Results from the company&#8217;s associates Anadolu Efes and Castel are reported on a three-month lag. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Transactions with non-controlling interests are treated as transactions with equity owners of the company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity where there is no loss of control. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB&#160;InBev&#8217;s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">A listing of the company&#8217;s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 33 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">AB&#160;InBev companies</div></div>.<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory', window );">SUMMARY OF CHANGES IN ACCOUNTING POLICIES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(D)&#8194;SUMMARY OF CHANGES IN ACCOUNTING POLICIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards became mandatory for the first time for the financial year beginning on 1&#160;January 2025 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev&#8217;s consolidated financial statements. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">FOREIGN CURRENCIES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(E)&#8194;FOREIGN CURRENCIES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign currency transactions </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the reporting date. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing at the date of the transaction or, for those stated at fair value, at the dates the fair value was determined. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation of the results and financial position of foreign operations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the reporting date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders&#8217; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#8217; equity to US dollar at period-end exchange rates are taken to other comprehensive income (translation reserves). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Financial Reporting in hyperinflationary economies </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In May 2018, the Argentine peso underwent a severe devaluation, causing Argentina&#8217;s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as of 2018, as prescribed by IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial Reporting in Hyperinflationary Economies</div></div>. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Under IAS 29, non-monetary assets and liabilities stated at historical cost, equity and income statements of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency, applying a general price index. These re-measured accounts are used for conversion into US dollar at the period closing exchange rate. As a result, the statement of financial position and net results of subsidiaries operating in hyperinflation economies are stated in terms of the measuring unit current at the end of the reporting period. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The 2025 results, restated for purchasing power, were translated at the December 2025 closing rate of 1459.80 Argentine pesos per US dollar (2024 results were translated at the December 2024 closing rate of 1032.79 Argentine pesos per US dollar). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div>  <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Exchange rates </div></div></div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most important exchange rates that have been used in preparing the financial statements are: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 459.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 032.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">808.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.50</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6.19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.84</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.60</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.36</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.01</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.33</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.35</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.00</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.30</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.21</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 749.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 415.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 818.47</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 063.86</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 077.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 284.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.85</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.96</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.90</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19.28</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.73</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Peruvian sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.71</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.57</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.75</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.78</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.55</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.88</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.24</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 444.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 474.05</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 296.53</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 421.70</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 355.26</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 309.12</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory', window );">INTANGIBLE ASSETS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(F)&#8194;INTANGIBLE ASSETS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Research and development </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy N). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Supply and distribution rights </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brands </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Software </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other intangible assets </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization related to multi-year sponsorship rights is included within sales and marketing expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Subsequent expenditure </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company has a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 10 years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy N). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gains and losses on sale </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory', window );">BUSINESS COMBINATIONS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(G)&#8194;BUSINESS COMBINATIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company&#8217;s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs are expensed as incurred. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If the business combination is achieved in stages, the acquisition date carrying value of AB InBev&#8217;s previously held interest in the acquiree is re-measured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognized in profit or loss. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory', window );">GOODWILL</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(H)&#8194;GOODWILL </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Goodwill is determined as the excess of the consideration paid over AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">In conformity with IFRS 3 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Business Combinations</div></div>, goodwill is stated at cost and not amortized but tested for impairment on an annual basis and whenever there is an indicator that the cash generating unit to which goodwill has been allocated, may be impaired (refer to accounting policy N). Goodwill is expressed in the currency of the subsidiary to which it relates and is </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">translated to US dollar using the year-end exchange rate. In respect of associates, the carrying amount of goodwill is included in the carrying amount of the investment in the associate. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If AB InBev&#8217;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations. Expenditure on internally generated goodwill is expensed as incurred. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory', window );">PROPERTY, PLANT AND EQUIPMENT</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(I)&#8199;PROPERTY, PLANT AND EQUIPMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy N). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">self-constructed</div> asset is determined using the same principles as for an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, annually. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Subsequent expenditure </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. </div></div>  <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The estimated useful lives are defined in terms of the asset&#8217;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Industrial buildings &#8211; other real estate properties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20&#8201;-&#8201;50&#160;years&#8195;&#8195;&#8195;&#8194;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Production plant and equipment:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Production equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Storage, packaging and handling equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 7 years</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Kegs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Crates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Bottles</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 5 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Point of sale furniture and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cars</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 10 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trucks</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Information processing equipment (hardware)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 - 10 years</div></td> </tr> </table>  <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Land is not depreciated as it is deemed to have an indefinite life. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gains and losses on sale </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory', window );">LEASES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(J)&#8194;LEASES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">The company as lessee </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use asset and a corresponding lease liability with respect to all lease agreements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets. For these </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">leases, the company recognizes the lease payments as an operating expense on a straight-line basis over the term of the lease, and payments for these leases are presented in cash flow from operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use asset and are recognized as an expense in the income statement in the period in which the event or condition that triggers those payments occurs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use asset. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses. The right-of-use assets are depreciated starting at the commencement date over the shorter period of useful life of the underlying asset and lease term (refer to accounting policies I and N). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The lease liability is presented in the &#8216;Interest-bearing loans and borrowings&#8217; line and the right-of-use assets are presented in the &#8216;Property, plant and equipment&#8217; line in the consolidated statement of financial position. In addition, the principal portion of the lease payments is presented within financing activities and the interest component is presented within operating activities in the consolidated cash flow statement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">The company as lessor </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories', window );">INVENTORIES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(K)&#8194;INVENTORIES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories are written down on a case-by-case basis if the anticipated net realizable value declines below the carrying amount of the inventories. The calculation of the net realizable value takes into consideration specific characteristics of each inventory category, such as expiration date, remaining shelf life, slow-moving indicators, amongst others. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory', window );">TRADE AND OTHER RECEIVABLES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(L)&#8194;TRADE AND OTHER RECEIVABLES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days. Trade receivables are recognized initially at the amount of the consideration that is unconditional unless they contain significant financing components, when they are recognized at the amount adjusted for the time value of money. The company holds trade and other receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents', window );">CASH AND CASH EQUIVALENTS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(M)&#8199;CASH AND CASH EQUIVALENTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory', window );">IMPAIRMENT</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(N)&#8199;IMPAIRMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each reporting date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset&#8217;s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Calculation of recoverable amount </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The recoverable amount of non-financial assets is determined as the higher of their fair value less costs to sell and value in use. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. The recoverable amount of the cash generating units to which the goodwill and the intangible assets with indefinite useful life belong is based on discounted future cash flows using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. These calculations are corroborated by valuation multiples, quoted share prices for publicly traded subsidiaries or other available fair value indicators. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Reversal of impairment losses </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at each reporting date. An impairment loss is reversed only to the extent that the asset&#8217;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory', window );">FAIR VALUE MEASUREMENT</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(O)&#8199;FAIR VALUE MEASUREMENT </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of AB InBev&#8217;s accounting policies and notes require fair value measurement for both financial and non-financial items. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company applies fair value measurement to the instruments listed below. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Derivatives </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter derivatives is determined by commonly used valuation techniques. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Debt securities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Equity securities designated at FVOCI </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Non-derivative financial liabilities </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of non-derivative financial liabilities is generally determined using unobservable inputs and therefore fall into level 3. In these circumstances, the valuation technique used is discounted cash flow, whereby the projected cash flows are discounted using a risk adjusted rate. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory', window );">SHARE CAPITAL</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(P)&#8199;SHARE CAPITAL </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Repurchase of share capital </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. The difference between the carrying value of the treasury shares issued to employees and their fair value is recognized in retained earnings. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Dividends </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by&#160;local legislation or the bylaws of&#160;the company&#8217;s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Share issuance costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory', window );">PROVISIONS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Q)&#8199;PROVISIONS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions are recognized when (i)&#160;the company has a present legal or constructive obligation as a result of past events, (ii)&#160;it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii)&#160;a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Onerous contracts </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Disputes and Litigations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>  relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters.<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory', window );">PENSION AND SIMILAR OBLIGATIONS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(R)&#8199;PENSION AND SIMILAR OBLIGATIONS </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment benefits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">a) Defined contribution plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">b) Defined benefit plans </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the statement of financial position are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, comprising of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. Re-measurements are not reclassified to profit or loss in subsequent periods. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other post-employment obligations </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Some of AB InBev&#8217;s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Termination benefits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Bonuses </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Bonuses received by company employees and management are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period the bonus is earned. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory', window );">SHARE-BASED PAYMENTS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(S)&#8199;SHARE-BASED PAYMENTS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using a binomial Hull model, modified to reflect the IFRS 2 requirement that assumptions about forfeiture before the end of the vesting period cannot impact the fair value of the option. The fair value of the Restricted Stock Units (&#8220;RSUs&#8221;) is the share price at grant </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"></div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> date. The fair value of the Performance Stock Units (PSUs) with a market condition (relative Total Shareholder Return (&#8220;TSR&#8221;)) is determined using Monte Carlo simulations. The fair value of the options, RSUs and PSUs granted is expensed over the vesting period based on the expected number of options that will vest. When the options are exercised, equity is increased by the amount of the proceeds received. When the share-based payment programs are vested, they are settled net of tax withholdings.<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory', window );">INTEREST-BEARING LOANS AND BORROWINGS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(T)&#8199;INTEREST-BEARING LOANS AND BORROWINGS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings are recognized initially at fair value, less attributable transaction costs. Subsequent to initial recognition, interest-bearing loans and borrowings are stated at amortized cost with any difference between the initial amount and the maturity amount being recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company has long-term loan agreements with foreign subsidiaries, denominated in foreign currency, the settlement of which is neither planned nor likely to occur in the foreseeable future. In accordance with IAS 21 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">The Effects of Changes in Foreign Exchange Rates</div></div>, the exchange differences on retranslation of these loans are recognized in other comprehensive income in the consolidated financial statements. If the loan becomes planned or likely to be settled in the foreseeable future, the related foreign currency differences are recognized in profit or loss. In the event of partial settlement, only the foreign currency differences corresponding to the settled portion are reclassified to the profit or loss of the period in exceptional finance income/(expense). </div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory', window );">TRADE AND OTHER PAYABLES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(U)&#8199;TRADE AND OTHER PAYABLES </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory', window );">INCOME TAX</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(V)&#8199;INCOME TAX </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax on the profit for the year comprises current and deferred tax. Income tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity, in which case the tax effect is also recognized directly in equity. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted, or substantively enacted, at the reporting date, and any adjustment to tax payable in respect of previous years. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In accordance with IAS 12 Income Taxes deferred taxes are provided using the so-called balance sheet liability method. This means that, for all taxable and deductible differences between the tax bases of assets and liabilities and their carrying amounts in the statement of financial position a deferred tax liability or asset is recognized. Under this method a provision for deferred taxes is also made for differences between the fair values of assets and liabilities acquired in a business combination and their tax base. IAS 12 prescribes that no deferred taxes are recognized (i)&#160;on initial recognition of goodwill, (ii)&#160;at the initial recognition of assets or liabilities in a transaction that is not a business combination and affects neither accounting nor taxable profit and (iii)&#160;on differences relating to investments in subsidiaries to the extent that they will probably not reverse in the foreseeable future and to the extent that the company is able to control the timing of the reversal. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using currently or substantively enacted tax rates. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company recognizes deferred tax assets, including assets arising from losses carried forward, to the extent that future probable taxable profit will be available against which the deferred tax asset can be utilized. A deferred tax asset is reduced to the extent that it is no longer probable that the related tax benefit will be realized. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company has administrative and judicial discussions with tax authorities related to certain tax treatments adopted when calculating the income tax and social contribution, in particular in Brazil. As required by IFRIC 23, the company assesses each material tax position. When the company assesses that it is probable that the tax authorities will accept the tax treatments adopted, income taxes are calculated and reported consistently with the tax treatment used. The company discloses the potential effect of material uncertainties as a tax-related contingency in Note 29<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Contingencies</div></div>. When the company concludes that it is not probable that a particular tax treatment is accepted, the company generally uses the most likely amount of the tax treatment when determining the tax provision to be recorded. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>  The company presents income tax provisions in income tax liabilities. Assets and liabilities for uncertain tax treatments are presented as income tax assets/liabilities or deferred tax assets/liabilities.<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue', window );">INCOME RECOGNITION</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(W)&#8199;INCOME RECOGNITION </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Goods sold </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue is measured based on the consideration to which the company expects to be entitled in a contract with a customer and excludes amounts collected on behalf of third parties. The company recognizes revenue when performance obligations are satisfied, meaning when the company transfers control of a product to a customer. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Specifically, revenue recognition follows the following five-step approach: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Identification of the contracts with a customer </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Identification of the performance obligations in the contracts </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Determination of the transaction price </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Allocation of the transaction price to the performance obligations in the contracts </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue recognition when performance obligations are satisfied </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, the company estimates the amount of consideration to which it will be entitled in exchange for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant future reversals when the uncertainty is resolved. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Royalty income </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company recognizes the sales-based or usage-based royalties in other operating income when the later of the following events occurs: (a)&#160;the customer&#8217;s subsequent sales or usage; and (b)&#160;the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied (or partially satisfied). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Government grants </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A government grant is recognized in the statement of financial position initially as deferred income when there is reasonable assurance that it will be received and that the company will comply with the conditions attached to it. Grants that compensate the company for expenses incurred are recognized as other operating income on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the company for the acquisition of an asset are presented by deducting them from the acquisition cost of the related asset. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Finance income </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Finance income comprises interest received or receivable on funds invested, dividend income, foreign exchange gains, losses on currency hedging instruments offsetting currency gains, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial assets measured at FVPL as well as any gains from hedge ineffectiveness (refer to accounting policy Y). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income is recognized as it accrues (taking into account the effective yield on the asset) unless collectability is in doubt. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Dividend income </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Dividend income is recognized in the income statement on the date that the dividend is declared. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Tax credits </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Since 2020, Ambev, our subsidiary in Brazil, recognized tax credits in other operating income after a favorable judicial decision by the Brazilian Supreme Court, which recognized the right to exclude the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenue (PIS and COFINS). The tax credits are reported in other operating income when the conditions in IAS 37 are met and the related interest in finance income. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory', window );">EXPENSES</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(X)&#8199;EXPENSES </div></div></div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Finance costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Finance costs comprise interest payable on borrowings, calculated using the effective interest rate method, foreign exchange losses, gains on currency hedging instruments offsetting currency losses, results on interest rate hedging instruments, losses on hedging instruments that are not part of a hedge accounting relationship, losses on financial assets classified as trading, impairment losses on financial assets as well as any losses from hedge ineffectiveness (refer to accounting policy Y). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">All interest costs incurred in connection with borrowings or financial transactions are expensed as incurred as part of finance costs. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowings, such as transaction costs and fair value adjustments, are recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis (refer to accounting policy T). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The interest expense component of lease payments, the unwind of discounts on payables and the interest on provisions are recognized in the income statement as accretion expense using the effective interest rate method. Net interest on pension obligations is determined using the appropriate discount rate and is recognized in the income statement as accretion expense (refer to accounting policy R). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Research and development, advertising and promotional costs and systems development costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Research, advertising and promotional costs are expensed in the year in which these costs are incurred. Development costs and systems development costs are expensed in the year in which these costs are incurred if they do not meet the criteria for capitalization (refer to accounting policy F). </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Purchasing, receiving and warehousing costs </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Purchasing and receiving costs are included in the cost of sales, as well as the costs of storing and moving raw materials and packaging materials. The costs of storing finished products at the brewery as well as costs incurred for subsequent storage in distribution centers are included within distribution expenses. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Emission allowances </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company is subject to greenhouse gas emission allowance trading schemes in force in a number of geographies. Acquired emission allowances are recognized at cost in cost of sales. To the extent that it is expected that the number of allowances needed to settle the greenhouse gas emissions exceeds the number of emission allowances owned, a provision is recognized. Such provision is measured at the estimated amount of the expenditure required to settle the obligation. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory', window );">FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Y)&#8199;FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev uses derivative financial instruments to mitigate the transactional impact of foreign currencies, interest rates, equity prices and commodity prices on the company&#8217;s performance. AB InBev&#8217;s financial risk management policy prohibits the use of derivative financial instruments for trading purposes and the company does therefore not hold or issue any such instruments for such purposes. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Classification and measurement </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Except for certain trade receivables, the company initially measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs directly attributable to the acquisition or issue of the financial asset. Debt financial instruments are subsequently measured at amortized cost, FVOCI or FVPL. The classification is based on two criteria: the objective of the company&#8217;s business model for managing the assets; and whether the instruments&#8217; contractual cash flows represent &#8216;solely payments of principal and interest&#8217; on the principal amount outstanding (the &#8216;SPPI criterion&#8217;). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The classification and measurement of the company&#8217;s financial assets is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Debt instruments at amortized cost:</div></div> comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#8217;s business model is to collect contractual cash flows. Interest income, foreign exchange gains and losses and any impairment charges for such instruments are recognized in profit or loss. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Debt instruments at FVOCI with gains or losses recycled to profit or loss on derecognition: </div></div>comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#8217;s business model is achieved by both collecting contractual cash flows and selling financial assets. Interest income, </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
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<td style="width: 6%;">&#160;</td>
<td style="vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">foreign exchange gains and losses and any impairment charges on such instruments are recognized in profit or loss. All other fair value gains and losses are recognized in other comprehensive income. On disposal of these debt securities, any related balance within FVOCI reserve is reclassified to profit or loss. </div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition</div></div>: the company designates these investments on an instrument-by-instrument basis as equity securities at FVOCI because they represent investments held for long term strategic purposes. When cost does not provide an appropriate estimate of fair value, investments in unquoted companies are subsequently measured at fair value using discounted cash flow methods. These investments are not subject to impairment testing and upon disposal, the cumulative gain or loss accumulated in other comprehensive income are not reclassified to profit or loss. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 3%;">&#160;</td>
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="color: rgb(230, 183, 17); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#9679;</div></td>
<td style="width: 1%; vertical-align: top;">&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial assets and liabilities at FVPL</div></div>: comprise derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments which do not meet the cash flow or the business model tests. </div> </td> </tr> </table> <div style="clear:both;max-height:0pt;"></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company designates certain derivatives as hedging instruments to hedge the variability in cash flows associated with highly probable forecast transactions arising from changes in foreign exchange rates, interest rates and commodity prices. To hedge changes in the fair value of recognized assets, liabilities and firm commitments, the company designates certain derivatives as part of fair value hedge. The company also designates certain derivatives and non-derivative financial liabilities as hedges of foreign exchange risk on a net investment in a foreign operation. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">At the inception of the hedging relationships, the company documents the risk management objective and strategy for undertaking the hedge. Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. Possible sources of ineffectiveness are changes in the timing of the forecasted transaction, changes in the quantity of the hedged item or changes in the credit risk of either party to the derivative contract. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Cash flow hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedge accounting is applied when a derivative hedges the variability in cash flows of a highly probable forecasted transaction, foreign currency risk of a firm commitment or a recognized asset or liability (such as variable interest rate instrument). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When the hedged forecasted transaction or firm commitment subsequently results in the recognition of a non-financial item, the amount accumulated in the hedging reserves is included directly in the initial carrying amount of the non-financial item when it is recognized. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">For all other hedged transactions, the amount accumulated in the hedging reserves is reclassified to profit or loss in the same period during which the hedged item affects profit or loss (e.g., when the variable interest expense is recognized). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a hedging instrument or hedge relationship is terminated but the hedged transaction is still expected to occur, the cumulative gain or loss (at that point) remains in equity and is reclassified to profit or loss when the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Any ineffectiveness is recognized immediately in profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair value hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. The fair value adjustment to the carrying amount of the hedged item is amortized to profit or loss from the date of discontinuation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net investment hedge accounting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a non-derivative foreign currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability to the functional currency are recognized directly in other comprehensive income (translation reserves). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or the loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves) and is reclassified to profit or loss upon disposal of the foreign operation, while the ineffective portion is reported in profit or loss. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Offsetting </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Financial assets and financial liabilities are offset, and the net amount presented in the statement of financial position when, and only when, the company has a current legally enforceable right to set off the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Derecognition </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A financial asset is primarily derecognized (i.e., removed from the Group&#8217;s consolidated statement of financial position) when the rights to receive cash flows from the asset have expired or the Group has transferred its rights to receive cash flows from the asset. A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expires. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory', window );">SEGMENT REPORTING</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(Z)&#8199;SEGMENT REPORTING </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Operating segments are components of the company&#8217;s business activities about which separate financial information is available that is evaluated regularly by senior management. The company has six operating segments. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev&#8217;s operating segment reporting format is geographical because the company&#8217;s risks and rates of return are affected predominantly by the fact that AB InBev operates in different geographical areas. The company&#8217;s management structure and internal reporting system to the Board of Directors is set up accordingly. The company&#8217;s five geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management&#8217;s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being commonly reported regions amongst the company&#8217;s peers), as well as management&#8217;s view on the optimal balance between practical and more granular information. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The results of Global Export and Holding Companies, which includes the company&#8217;s global headquarters, some non-beverage related businesses and the export businesses in countries in which AB InBev has no operations are reported separately. The company&#8217;s five geographic regions plus the Global Export and Holding Companies comprise the company&#8217;s six reportable segments for financial reporting purposes. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory', window );">EXCEPTIONAL ITEMS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(AA)&#8195;EXCEPTIONAL ITEMS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 3pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items are those that in management&#8217;s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments or business activities and the effect of the accelerated repayment of certain debt facilities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB are reported in exceptional finance income/(expense). </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The impact of income tax on the exceptional items is calculated country-by-country and is included in exceptional taxes (Refer to Note 8<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> Exceptional items</div></div>). </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory', window );">DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(BB)&#8195;DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev classifies a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use if all of the conditions of IFRS 5 are met. A disposal group is defined as a group of assets to be disposed of, by sale or otherwise, together as a group in a single transaction, and liabilities directly associated with those assets that will be transferred. Immediately before classification as held for sale, the company measures the carrying amount of the asset (or all the assets and liabilities in the disposal group) in accordance with applicable IFRS. Then, on initial classification as held for sale, non-current assets and disposal groups are recognized at the lower of carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale are included in profit or loss. The same applies to gains and losses on subsequent re-measurement. Non-current assets classified as held for sale are no longer depreciated or amortized. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory', window );">RECENTLY ISSUED IFRS</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(CC)&#8195;RECENTLY ISSUED IFRS </div></div></div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31&#160;December 2025. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following standards, amendments and interpretations have been issued recently, but are not yet effective: </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 &#8211; Presentation and Disclosures in Financial Statements </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;">In April 2024, the IASB issued IFRS 18 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Presentation and Disclosures in Financial Statements</div></div>, which replaces IAS&#160;1 and introduces new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. IFRS 18 is effective for annual reporting periods beginning on or after 1&#160;January 2027, with earlier application permitted. The standard is to be applied retrospectively. </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, its impact on the presentation of the primary financial statements and the related disclosures is expected to be significant. </div></div> <div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;">IFRS 18 introduces new requirements to: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;">&#8226;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">present specified categories, with the introduction of new operating, investing and financing categories, and defined subtotals in the income statement; </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 2%; text-align: left; vertical-align: top;">&#8226;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;display:inline;">&#8226;</div></td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">strengthen the principles of aggregation and disaggregation across primary statements and notes. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company anticipates that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company does not intend to early adopt IFRS 18 and is currently reviewing the impact on its consolidated financial statements. The company assessed that the main presentation change will be the reclassification of foreign exchange gains and losses and gains and losses on certain hedging instruments from finance income and expense per IAS 1 to operating profit per IFRS 18, when the underlying exposure being remeasured or hedged, relates to operating activities. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A number of amendments to standards are effective for annual periods beginning after 1&#160;January 2026 and have not been discussed either because of their non-applicability or immateriality to AB InBev&#8217;s consolidated financial statements. </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for basis of preparation and measurement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for functional and presentation currency.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for interest bearing loans and borrowings.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of accounting policy for nonrecurring items.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for principles of consolidation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for recently issued IFRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of accounting policy for share capital.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfAccountingPolicyForShareCapitalExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for summary of changes in accounting policies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TextBlock1Abstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for business combinations. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for derivative financial instruments. [Refer: Classes of financial instruments [domain]; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for fair value measurement. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for foreign currency translation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for the impairment of assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for income tax.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>dtr-2022:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for measuring inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 36<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_36_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 164<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_164_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 164<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_164_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for non-current assets or disposal groups classified as held for sale and discontinued operations. [Refer: Discontinued operations [member]; Non-current assets or disposal groups classified as held for sale]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for segment reporting.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for transactions in which the entity: (a) receives goods or services from the supplier of those goods or services (including an employee) in a share-based payment arrangement; or (b) incurs an obligation to settle the transaction with the supplier in a share-based payment arrangement when another group entity receives those goods or services. [Refer: Types of share-based payment arrangements [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's material accounting policy information for trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy used to determine the components of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 46<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_46&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 170<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_170&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 170<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_170&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td>dtr-2022:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesExplanatory', window );">Summary of Exchange Rates</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The most important exchange rates that have been used in preparing the financial statements are: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Closing rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Average rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">1 US dollar equals:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December<br/> 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December<br/> 2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 6pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 459.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 032.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">808.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.50</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6.19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.84</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.60</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.36</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.01</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.33</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.35</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.00</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.30</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.21</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 749.18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 415.40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 818.47</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 063.86</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 077.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 284.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.85</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.96</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.90</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19.28</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.73</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Peruvian sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.77</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.71</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.57</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.75</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.74</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.79</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.76</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.78</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.80</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16.55</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.88</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17.92</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.24</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18.41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 444.93</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 474.05</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 296.53</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 421.70</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 355.26</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 309.12</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory', window );">Summary of Estimated Useful Live of Assets Expected Utility</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The estimated useful lives are defined in terms of the asset&#8217;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 1%; vertical-align: bottom;"></td>
<td></td> </tr>
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<td colspan="2" style="height: 1.5pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Industrial buildings &#8211; other real estate properties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20&#8201;-&#8201;50&#160;years&#8195;&#8195;&#8195;&#8194;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Production plant and equipment:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Production equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Storage, packaging and handling equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 7 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Returnable packaging:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Kegs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Crates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 10 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Bottles</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 - 5 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Point of sale furniture and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cars</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 - 10 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trucks</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 - 15 years</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Information processing equipment (hardware)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 - 10 years</div></td> </tr> </table> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of exchange rates.</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment reporting (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">North America</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Middle Americas</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">South America</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">EMEA</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Asia Pacific</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Volume</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">83</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">150</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">150</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">149</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">155</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">161</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">162</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">94</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">79</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">84</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14 207</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14 655</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 072</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 376</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 072</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16 348</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 954</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 423</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 040</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 502</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 003</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 589</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 693</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 196</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 824</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Profit&#160;from&#160;operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 747</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 350</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 607</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 382</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 809</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 201</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 909</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 012</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 838</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 022</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 765</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 461</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 222</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 451</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-size: 1pt;">
<td colspan="61" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"></div> </td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Segment&#160;assets&#160;(non-current)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 445</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 837</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62 436</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73 560</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66 567</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">74 142</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 764</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12 820</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14 791</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30 845</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 951</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29 302</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 964</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 952</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 980</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Gross capex&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">391</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">436</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">495</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">921</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 164</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 368</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">660</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">702</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">830</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">668</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">906</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">307</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">379</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">498</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">FTE</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 449</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 492</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17 950</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43 085</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">45 630</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">48 069</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32 931</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34 639</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36 267</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19 264</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19 979</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 011</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20 908</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 483</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 992</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 36pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 36pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:50%;border-spacing:0">
<tr>
<td style="width:88%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
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<tr style="font-size:1pt">
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<td colspan="12" style="height:0.75pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">AB&#160;InBev&#160;Worldwide</div></div></div></td>
<td style="vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1pt">
<td style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td>
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<td colspan="4" style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1pt">
<td colspan="25" style="height:1.5pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
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<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Volume</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">561</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">576</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">585</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Revenue</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">588</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">418</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">508</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 320</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 768</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">59 380</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit from operations</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 666)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 671)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 592)</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 405</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 487</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 966</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Net finance income/(expense)</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 465)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 353)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 102)</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td colspan="13" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Share of results of associates</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">&#160;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">378</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Exceptional share of results of associates</div> </td>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Income tax expense</div> </td>
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<td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">Profit</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;">&#160;</div> </td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 477</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 416</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 891</div></div></div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">.</div> </td>
<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"></div> </td> </tr>
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<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Segment assets (non-current)&#185;</div> </td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 461</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 511</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 323</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">194 039</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">183 637</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">195 973</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size:1pt">
<td style="height: 1.5pt; white-space: nowrap;"></td>
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<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; white-space: nowrap;"></td> </tr>
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<td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;">Gross capex&#185;</div> </td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">628</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">513</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">540</div></td>
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">License income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">206</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">168</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">194</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">808</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">779</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">778</div></div></div></td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Exceptional items (Tables)<br></strong></div></th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(116)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(156)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(142)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Business and asset disposals (including impairment losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">181</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(397)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Claims and legal costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(53)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(85)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisition-related costs (business combinations)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8195;</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impact on profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(449)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(624)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(185)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(995)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(35)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">156</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional non-controlling interest</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact on profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(499)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 062)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(614)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <span></span>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Wages and salaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 393)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 285)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 164)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Social security contributions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(797)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(770)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(804)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other personnel cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(702)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(683)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(689)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share-based payment expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(625)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(644)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(570)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined contribution plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(183)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pension expense for defined benefit plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Payroll and related benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 835)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 715)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 544)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfNumberOfEmployeesExplanatory', window );">Summary of Number of Full Time Equivalents</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The number of full-time equivalents can be split as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> </td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">AB InBev NV/SA (parent company)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">229</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">136 587</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">143 656</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">154 304</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total number of FTE</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">136 805</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">143 885</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">154 540</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Payroll and Related Employee Benefits</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Additional information on operating expenses by nature (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 949)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(121)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(333)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(256)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(480)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(266)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(288)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(114)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(267)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 882)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 029)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(740)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2024&#185;</div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 105)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(82)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(32)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(135)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(336)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(379)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(276)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(315)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(421)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(49)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 875)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(893)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(776)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December 2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization&#160;and</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> property, plant<br/> and equipment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">impairment of<br/> intangible&#160;assets<br/> and goodwill</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation&#160;and<br/> impairment&#160;of&#160;right-<br/> of-use assets</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 095)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(75)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(33)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(351)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(291)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(260)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(318)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(401)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(137)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation, amortization and impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 843)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(774)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(795)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform the 2025 presentation. </div></div> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of depreciation amortization and impairment losses.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance expense and income (Tables)<br></strong></div></th>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 194)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 437)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 696)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">511</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">591</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">565</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest income on Brazilian tax credits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">142</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">168</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net interest income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 566)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 704)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 963)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(747)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(722)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(808)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(89)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(90)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Accretion expense and interest on pensions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(821)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(811)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(898)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net foreign exchange gains/(losses)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(386)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(147)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(353)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net gains/(losses) on hedging instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(310)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(312)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(613)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Bank fees, taxes and other financial expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(221)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(392)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(231)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other financial results</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(893)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(843)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 172)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense) excluding exceptional items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 280)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 033)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Exceptional finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(185)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(995)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance income/(expense)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 465)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 353)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 102)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestIncomeExplanatory', window );">Summary of Interest Income</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income arises from the following financial assets: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">463</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">559</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">537</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investments in debt securities held for trading</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">511</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">591</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">565</div></div></div></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of finance cost and income included in income statement.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income taxes (Tables)<br></strong></div></th>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 349</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 252</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 828</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Underprovided)/overprovided in prior years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">78</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(211</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(95</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 271</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 463</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 923</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Origination and reversal of temporary differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">614</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">482</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(193</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(171</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred tax (expense)/income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">420</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">311</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">689</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total income tax expense in the income statement</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 850</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 152</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 234</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory', window );">Summary of Reconciliation of Effective Tax Rate with Aggregated Weighted Nominal Tax Rate</a></td>
<td class="text"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) before tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 328</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 568</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 124</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">378</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">329</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">295</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deduct exceptional share of results of associates</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(35)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before tax and before share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 941</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 134</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 864</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments to the tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government incentives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(149)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(376)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(756)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-deductible/(non-taxable) mark-to-market on derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">213</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 211</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">325</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other expenses not deductible for tax purposes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 263</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 666</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 521</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other non-taxable income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(733)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(560)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(647)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjusted tax basis</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 534</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 074</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 306</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate weighted nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.9%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.4%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27.5%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax at aggregated nominal tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 098)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 183)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 558)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><br/></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Adjustments on tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(193)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(171)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Underprovided)/overprovided in prior years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">78</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(211)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(95)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from interest on equity</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">252</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">781</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deductions from goodwill and other tax deductions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">642</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">723</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">466</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Withholding taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(497)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(559)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other tax adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(49)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(62)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(105)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 850)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 152)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 234)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effective tax rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26.1%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31.1%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25.2%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory', window );">Summary of Detail Information of Income Tax Recognized in Other Comprehensive Income</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Income taxes were directly recognized in other comprehensive income as follows: </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(48)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences, cash flow and net investment hedges</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax (losses)/gains</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 368</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 295</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 297</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 209</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">23 503</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr></table><span></span>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and<br/> buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Plant and<br/> equipment,<br/> fixtures&#160;and<br/> fittings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Under<br/> construction</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 325</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 056</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 166</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">51 547</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">54 522</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">808</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 764</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 669</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">878</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 833</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 744</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 989</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(258)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 644)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">331</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 452</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 085)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 698</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">724</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 229</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">42 747</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">56 987</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">51 547</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Depreciation and impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 018)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(25 235)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 252)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 430)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 765)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 082)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 367</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 944)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 329)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 518)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">243</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 329</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 572</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 121</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through the sale of subsidiaries</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(66)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(390)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(456)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(247)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(204)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 886)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 090)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(550)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 743)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(29 876)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(35 619)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 252)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 307</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 821</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 166</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 295</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 295</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 486</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 871</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 011</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 368</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div><div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories and other movements relates to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Non-current assets held for sale and discontinued operations, </div></div>to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial reporting in hyperinflationary economies</div></div> and to other movements. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock', window );">Summary of Property, Plant and Equipment Leased (right- of- use assets)</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment leased by the company (right-of-use assets) is detailed as follows: </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Machinery,<br/> &#8195;equipment&#160;and<br/> other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying amount at 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 505</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">795</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 298</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Depreciation for the year ended 31&#160;December</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(425)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(318)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(742)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31 December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Land&#160;and&#160;buildings</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Machinery,<br/> &#8195;equipment&#160;and<br/> other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(782)</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">119 302</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 634</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 082)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers (to)/from other assets categories&#185;</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(164)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation monetary adjustments</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">169</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">425</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120 276</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">112 637</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment losses</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 158)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 259)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(209)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">101</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 368)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt;"></td>
<td colspan="4" style="height: 1.5pt;"></td>
<td colspan="4" style="height: 1.5pt;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying amount</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td></tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of the period</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117 908</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">110 479</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td></tr></table> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. </div></div><div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8226; Amended to conform to the 2025 presentation. </div></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillExplanatory', window );">Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The carrying amount of goodwill was allocated to the different cash-generating units as follows: </div></div><div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. </div></div><div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">&#8226; Amended to conform to the 2025 presentation. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div><div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="text-align: center;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td style="width:96%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size:1pt">
<td style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td>
<td colspan="4" style="height:0.75pt"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Million US dollar</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="font-size:1px; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle">&#160;</td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">United States</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33 330</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33 387</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of North America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 959</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 864</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 819</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12 250</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Colombia</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 277</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 821</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Middle Americas</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 465</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 205</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Brazil</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 323</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 953</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of South America</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 323</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 345</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Europe</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 859</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 557</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">South Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 796</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 584</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Africa</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 626</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 547</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">China</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 073</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 948</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Rest of Asia Pacific</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 057</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 998</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Global Export and Holding Companies</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total carrying amount of goodwill</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">117 908</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">110 479</div></div></div></td>
<td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageCostOfCapitalExplanatory', window );">Summary of Weighted Average Cost of Capital</a></td>
<td class="text"> <div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial">The WACC applied in US dollar nominal terms were as follows: </div> <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&#160;</div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"> </div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 94%;"></td>
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<td></td>
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<td></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash-generating unit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11%</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the reconciliation of changes in goodwill. [Refer: Goodwill]</p></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brands</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commercial<br/> intangibles</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Software</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Acquisition cost</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37 040</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 281</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 438</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">46 080</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 591</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">491</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 242</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 065)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions through business combinations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Acquisitions and expenditures</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">563</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">641</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 217</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 069</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(19)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(367)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(395)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(794)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(473)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer (to)/from other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(67)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(83)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 569</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 595</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 179</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">104</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">47 447</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amortization and impairment losses</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(91)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 362)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 283)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(81)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 794)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(96)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(432)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">470</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortization</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(250)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(701)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(974)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(845)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disposals through sale and derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">367</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">393</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">779</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">471</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfer to/(from) other asset categories and other movements&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(103)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(91)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 332)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 960)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(79)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 462)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying value</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36 948</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">919</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 155</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">40 034</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">40 034</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">at 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 478</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 263</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 219</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41 985</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to the separate presentation in the statement of financial position of intangible assets held for sale in accordance with IFRS 5 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Non-current assets held for sale and discontinued operations</div></div> and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Financial reporting in hyperinflationary economies</div></div>. </div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory', window );">Summary of Carrying Amount of Intangible Assets with Indefinite Useful Lives</a></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash-generating unit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 866</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 872</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of North America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexico</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 410</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 027</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 045</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 586</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Middle Americas</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 798</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 535</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of South America</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">797</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">806</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Europe</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">370</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 900</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 558</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Africa</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">901</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">861</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">China</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">383</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rest of Asia Pacific</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">923</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">913</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total carrying amount of intangible assets with indefinite useful lives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38 478</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36 948</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of intangible assets with an indefinite useful life. [Refer: Intangible assets with indefinite useful life]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 122<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_122_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 264<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_264_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 264<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_264_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory</td>
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<td>na</td>
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<td>duration</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in associates (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsAccountedForUsingEquityMethodAbstract', window );"><strong>Investments accounted for using equity method [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory', window );">Summarized Financial Information to Carrying Amount of Company's Interests in Material Associates</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">A reconciliation of the summarized financial information to the carrying amount of the company&#8217;s interests in material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 125</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 482</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">164</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">375</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(211)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(128)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends received</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(77)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">140</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">53</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exceptional share of results of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">104</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 563</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 125</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialInformationOfAssociatesExplanatory', window );">Summarized Financial Information of the Company's Material Associates</a></td>
<td class="text"><div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized financial information of the company&#8217;s material associates is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 91%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="2" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8201;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Castel</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Anadolu&#160;Efes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 793</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 820</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 411</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 542</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 983</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 779</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 520</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 361</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 187)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 688)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 997)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 985)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(700)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 962)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(586)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 066)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(699)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 592)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(561)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 424)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net assets&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 190</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 357</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 788</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 428</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 637</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 596</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 329</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 421</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">724</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">476</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">654</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 214</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income (loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(166)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(717)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(206)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 853)</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">448</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(638)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> The net assets are converted at the respective closing rates of December. </div></div> <span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred tax assets and liabilities (Tables)<br></strong></div></th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Liabilities</div></div></div></td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: bottom; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">315</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 844)</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 529)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">261</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 026)</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 766)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Intangible assets</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">186</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 772)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 585)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">139</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 296)</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9 157)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(75)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">942</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(346)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">596</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">868</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(406)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">462</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">351</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">296</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">365</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">345</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">687</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(29)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">659</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">608</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(39)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">569</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">49</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(99)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(101)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(90)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other items</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">537</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(767)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">539</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 352)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(813)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loss carry forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 658</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 658</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross deferred tax assets/(liabilities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 832</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(13 524)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 500</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(13 327)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Netting by taxable entity</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(2 007)</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 007</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 86%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net deferred tax assets/(liabilities)</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 708</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(11 400)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;">&#160;&#160;</td>
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<td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 493</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(11 321)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDeferredTaxesExplanatory', window );">Summary of Change in Net Deferred Tax Assets and Liabilities</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td>
<td style="vertical-align: middle; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 939)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(9 518)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in profit or loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">420</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">311</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">689</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Recognized in other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(37)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements and effect of changes in foreign exchange rates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(247)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(161)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 692)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 828)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 939)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Effects Of Deferred Taxes On Assets And Liabilities Assigned As Of Temporary Differences Explanatory</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDeferredTaxesExplanatory">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Prepayments</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Raw materials and consumables</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 948</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 854</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">479</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">508</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 382</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 407</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">165</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">171</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 107</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 019</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Inventories other than work in progress</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">105</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 120</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">212</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 871</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 577</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">67</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Tax receivable, other than income tax</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">660</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">52</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">60</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Prepaid expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">568</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">493</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">553</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">467</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 161</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 270</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ScheduleOfTradeAndOtherReceivablesExplanatory', window );">Schedule of Trade Receivables and Other Receivables</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-current</div> loans to customers can be detailed as follows: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 88%;"></td>
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<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="16" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2025</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which not impaired as of the reporting</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">date and past due</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Less&#160;than<br/> 30 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;30<br/> &#8194;and&#160;59&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;60<br/> &#8194;and&#160;89&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;More&#160;than<br/> 90 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 990</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">202</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">553</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">532</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 939</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 644</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">212</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></div></td>
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<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net carrying<br/> amount as of</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December<br/> 2024</div></div> </td>
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<td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of&#160;which:&#160;neither<br/> impaired&#160;nor&#160;past&#8194;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">due on the<br/> reporting date</div></div> </td>
<td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which not impaired as of the reporting</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">date and past due</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Less&#160;than<br/> 30 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;30<br/> &#8194;and&#160;59&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Between&#160;60<br/> &#8194;and&#160;89&#160;days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;More&#160;than<br/> 90 days</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables and accrued income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 531</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">177</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Loans to customers</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">467</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">450</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 369</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 082</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">38</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash and cash equivalents and investment securities (Tables)<br></strong></div></th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory', window );">Schedule of Cash and Cash Equivalents</a></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Short-term bank deposits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 248</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 964</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and bank accounts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 390</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 210</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 638</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(14)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents in the statement of cash flows</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 623</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SummaryOfInvestmentsInShortTermDebtSecurities', window );">Summary Of Investments In Short term Debt Securities</a></td>
<td class="text">
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in unquoted companies</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">134</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">139</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current investments</div></div> </td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">161</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">168</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment in debt securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">306</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
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<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">306</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">221</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 019</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 736</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Changes during the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the current period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 019</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 736</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ordinary shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 797</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">222</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Treasury shares</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Result&#160;on&#160;the&#160;use&#160;of</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;shares&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Million&#160;US&#160;dollar&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Million US dollar</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43.8</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 886)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 406)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Changes during the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24.7</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 197)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(910)</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">At the end of the current period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">68.5</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 083)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 316)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory', window );">Summary of Changes in Other Comprehensive Income Reserves</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the other comprehensive income reserves are as&#160;follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38 670)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 020)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(39 201)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 594</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 594</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 594</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(100)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">66</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 560</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32 076)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">390</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(954)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32 641)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The gain in translation reserves is primarily related to the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro which resulted in a net foreign exchange translation adjustment of 6 594m US dollar as of 31&#160;December 2025 (increase of equity). </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 180)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 155)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(31 155)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 490)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 490)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">309</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">309</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">135</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">135</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 490)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">309</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">135</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(8 046)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38 670)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 020)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(39 201)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Translation<br/> Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Hedging<br/> &#8195;&#8195;&#8195;&#8195;reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Post-employment<br/> &#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;benefits</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total OCI<br/> &#8195;&#8195;&#8195;&#8195;Reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(34 677)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">145</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 021)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(35 553)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences on translation of foreign operations (gains/(losses))</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 497</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 497</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Re-measurements of post-employment benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 497</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(134)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 398</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As per 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30 180)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 155)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(31 155)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory', window );">Summary of Basic and Diluted Earnings Per Share</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of basic earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar, 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including stock lending) per end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 975</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of stock lending</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of delivery of treasury shares and share buyback programs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 984</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 003</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 016</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of diluted earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar; 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including stock lending) at the end of the period, calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of share options, PSUs and restricted stock units</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 018</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 044</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 054</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The calculation of the Underlying EPS is based on the profit before exceptional items and hyperinflation impacts attributable to equity holders of AB InBev. A reconciliation of the profit attributable to equity holders of AB InBev to the profit before exceptional items, attributable to equity holders of AB InBev and underlying profit is calculated as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 837</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 855</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 341</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net impact of exceptional items on profit (refer to Note 8)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">499</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 062</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">614</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit before exceptional items, attributable to equity holders of AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 336</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 917</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 955</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hyperinflation impacts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">74</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">145</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">203</div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 410</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 061</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 158</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EarningsPerShareExplanatory', window );">Summary of Calculation of EPS</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below sets out the EPS calculation: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">For the year ended 31&#160;December</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 837</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 341</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Basic EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.45</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.92</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.65</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit attributable to equity holders of AB&#160;InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 837</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 855</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 341</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares (diluted)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 018</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 044</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 054</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Diluted EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.39</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.86</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.60</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 410</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 061</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 158</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average number of ordinary and restricted shares</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 984</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 003</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 016</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Underlying EPS</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.73</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.53</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.05</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">169</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">73 013</div></div></div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 169</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">As of 31&#160;December 2025 , current and non-current interest-bearing loans and borrowings totaled 73.0 billion US dollar, compared to 72.2 billion USD as of 31&#160;December 2024. Further details on the company&#8217;s exposure to interest rate and foreign currency risk are provided in <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Note 27 Risks arising from financial instruments.</div></div> </div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025, the company had no outstanding balance under its commercial paper programs (31 December 2024: nil). The programs authorize issuances of up to USD 5.0 billion and EUR 3.0 billion, respectively. </div></div> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailOfBondsIssuedExplanatory', window );">Summary of Series of Bonds</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">In May 2025, Anheuser-Busch InBev NV/SA (&#8220;ABISA&#8221;) completed the issuance of the following series of bonds: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aggregate<br/> principal&#160;amount</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Coupon&#160;rate</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2033</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 250</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.375%</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May&#160;2038</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 500</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.875%</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19&#160;May 2045</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">500</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.125%</div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailOfTenderOffersExplanatory', window );">Summary of Tender Offers</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Additionally, the company completed the tender offers of three series of notes issued by Anheuser-Busch InBev Worldwide Inc. (&#8220;ABIWW&#8221;), Anheuser-Busch Companies, LLC (&#8220;ABC&#8221;) and Anheuser-Busch InBev Finance Inc. (&#8220;ABIFI&#8221;) and repurchased 1.8 billion US dollar aggregate principal amount of these notes. The total principal amount repurchased in the tender offers is set out in the table below: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Date&#160;of&#160;repurchase</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Title&#160;of&#160;series&#160;of&#160;notes<br/> partially repurchased</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Original<br/> principal<br/> amount<br/> outstanding</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal<br/> amount<br/> repurchased</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in&#160;million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Principal<br/> amount not<br/> repurchased<br/> (in&#160;million)</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.750% Notes due 2029</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 250</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 321</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 929</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW&#160;and&#160;ABC</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.900%&#160;Notes&#160;due&#160;2046</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 160</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">330</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 830</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIFI</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.900% Notes due 2046</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 457</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">167</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 291</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">These tender offers were financed with cash. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In May 2025, the company announced that its wholly-owned subsidiary ABIWW exercised its option to redeem the entire outstanding principal amount of the series of notes presented in the table below, for an aggregate principal amount of 1.6 billion US dollar. </div></div> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">In October 2025, the company announced that ABISA and its wholly-owned subsidiaries ABIWW and ABC exercised their respective options to redeem the entire outstanding principal amounts of the series of notes presented in the table below, for an aggregate principal amount of 2.0 billion US dollar. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<tr>
<td style="width: 74%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Issuer<br/> (abbreviated)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Title of series of notes<br/> redeemed</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Currency</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Original&#160;principal<br/> amount<br/> outstanding</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Principal&#160;amount<br/> redeemed</div></div> <div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(in million)</div></div> </td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">30 May 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.000%&#160;Notes&#160;due&#160;2028</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">18 November 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABISA</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.700% Notes due 2026</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">EUR</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">615</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">615</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">29 December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">ABIWW&#160;and&#160;ABC</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.650% Notes due 2026</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">USD</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 307</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 307</div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory', window );">Summary of Reconciliation of Net Debt</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt is defined as non-current and current interest-bearing loans and borrowings and bank overdrafts minus debt securities and cash and cash equivalents. Net debt is a financial performance indicator that is used by AB InBev&#8217;s management to highlight changes in the company&#8217;s overall liquidity position. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">72 128</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70 720</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">885</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 449</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">73 013</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 169</div></div></div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 638)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 174)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest bearing loans granted and other deposits (included within Trade and other receivables)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(116)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(99)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Debt securities (included within Investment securities)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(333)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(251)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 96%;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60 941&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60 645&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; width: 1%;">&#160;</td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory', window );">Summary of Changes in the Company's Liabilities Arising from Financing Activities</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below details the changes in the company&#8217;s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the company&#8217;s consolidated cash flow statement from financing activities. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Long-term&#160;debt,&#160;net&#160;of</div><br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Short-term&#160;debt&#160;and</div><br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 665</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">735</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 442)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 419)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">382</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(499)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 271</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 535)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 535</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 128</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term&#160;debt,&#160;net&#160;of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> &#8195;current&#160;portion&#160;of&#160;long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">74 163</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 987</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 337</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">128</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 036)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 259)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(698)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 583)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(165)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 302)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 302</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(338)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">152</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td>
<td style="vertical-align: bottom; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Long-term debt, net of<br/> current portion</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Short-term debt and<br/> current portion of long-<br/> term debt</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">78 880</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 029</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Proceeds from borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">59</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">143</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Repayments of borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 004)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Capitalization / (payment) of lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">686</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(458)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amortized cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unrealized foreign exchange effects</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">909</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">83</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current portion of long-term debt</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 113)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 113</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Gain)/Loss on bond redemption and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(316)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">171</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2023</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">74 163</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 987</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detail of bonds issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detail of tender offers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt Explanatory</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the reconciliation of liabilities arising from financing activities. [Refer: Liabilities arising from financing activities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 44D<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44D&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 166<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_166&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 166<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_166&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StatementsLineItems', window );"><strong>Statement [LineItems]</strong></a></td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory', window );">Summary of Net Liability for Post-Employment and Long-Term Employee Benefit Plans</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The company&#8217;s net liability for post-employment and long-term employee benefit plans comprises the following:</div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of funded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 209)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 090)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Fair value of plan assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 851</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 547</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations for funded plans</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(543)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of unfunded obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(562)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(542)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Present value of net obligations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(920)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 085)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Unrecognized asset</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(95)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(63)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 015)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 148)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Other long term employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(110)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefits</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 125)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 254)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Employee benefits amounts in the statement of financial position:</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 275)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 296)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">150</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net liability</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 125)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 254)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory', window );">Summary of Changes in Present Value of Defined Benefit Obligations and Changes in Fair Value of Plan Assets</a></td>
<td class="text"><div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the present value of the defined benefit obligations are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 632)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 403)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 191)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(275)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(282)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(302)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service gain/(cost)</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">389&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">432&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">469&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contribution by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; demographic assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Actuarial gains/(losses) &#8211; financial assumptions</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">35&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">267&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(220)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Experience adjustments</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(271)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(182)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Defined benefit obligation at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 771)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 632)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 403)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the fair value of plan assets are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 547&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 882&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 807&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">208&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">199&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">217&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Return on plan assets exceeding interest income</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">63&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by AB InBev</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">274&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">267&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contributions by plan participants</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Benefits paid net of administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(389)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(432)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(469)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Assets distributed on settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(130)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(97)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exchange differences</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(200)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Transfers and other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value of plan assets at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 851&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 547&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 882&#8196;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory', window );">Summary of Changes in Unrecognized Assets</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The changes in the unrecognized asset are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(43)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Changes excluding amounts included in interest expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Irrecoverable surplus impact at 31&#160;December</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(95)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(38)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory', window );">Summary of Employee Benefit Expense Recognized in Income Statement</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The expense recognized in the income statement with regards to defined benefit plans can be detailed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current service costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Administration costs</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(16)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Past service cost due to plan amendments, curtailments or settlements</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6&#8196;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">(Losses)/gains due to experience and demographic assumption changes</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(65)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(63)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(61)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(139)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(151)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(150)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory', window );">Summary of Employee Benefit Expense Recognized in Income Statement</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The employee benefit expense is included in the following line items of the income statement: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Distribution expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Sales and marketing expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Net finance cost</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;">Total employee benefit expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(139)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(151)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(150)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory', window );">Summary of Weighted Average Assumptions used in Computing Benefit Obligations</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Weighted average assumptions used in computing the benefit obligations of the company&#8217;s significant plans at the reporting date are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td></td>
<td></td>
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<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="24" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">5.5</div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.7%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.3%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.5%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.0%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">2.0</div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">6.3</div>%-<div style="letter-spacing: 0px; top: 0px;display:inline;">4.5</div>%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.3%-6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">86</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 88%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="24" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> States</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Canada</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Mexico</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Brazil</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">United<br/> &#8195;&#8195;&#8195;Kingdom</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;AB&#160;InBev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">5.7</div>%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.6%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.8%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.6%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6.0%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">2.0</div>%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;">6.7%-3.9%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3.6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future pension increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2.8%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space: nowrap;display:inline;">6.5%-4.5%</div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">6.3%-5.9%</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old male</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">85</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">86</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Life expectation for a 65-year old female</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory', window );">Summary of Sensitivity Analysis of Defined Benefit Obligation for Weighted Principle Assumption</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 93%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Increase&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Decrease&#160;in</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;&#8195;&#8195;assumption</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Discount rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(217</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236&#8196;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Price inflation</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(96)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Future salary increases</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Medical cost trend rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mortality</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">One&#160;year</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">130</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory', window );">Summary of Fair Value of Plan Assets</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">The fair value of plan assets at 31&#160;December consists of the following: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
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<td style="width: 88%;"></td>
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<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
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<td style="width: 1%; vertical-align: bottom;"></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="12" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Quoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;Unquoted</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td>
<td colspan="4" style="height: 9pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Government bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37%</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37%</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corporate bonds</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">0%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">36%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity instruments</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">22%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Property</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8199;&#8194;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;&#8199;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Insurance contracts and others</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6%</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100%</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of changes in unrecognized assets of defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of defined benefit obligation weighted average assumptions explanatory.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of detailed information on employee benefit expense included in statement of income explanatory</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information on employee benefits expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of defined benefit plans. [Refer: Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 138<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_138&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 204<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_204&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 204<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_204&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the fair value of defined benefit plan assets. [Refer: Plan assets [member]; Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 142<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_142&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 208<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_208&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 208<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_208&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [domain]; Defined benefit obligation, at present value]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-based payments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">75.8&#8196;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">83.2&#8196;</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-&#8196;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2.2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.6)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43.4&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">69.2&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">75.8&#8196;</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory', window );">Summary of Weighted Average Exercise Price of Options</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the AB InBev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="vertical-align: bottom;"></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79.46</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76.04</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercised during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47.47</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29.96</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">113.00</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">75.45</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">67.66</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lapsed during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129.02</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102.10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">96.27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79.46</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71.06</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">93.25</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108.11</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StatementsLineItems', window );"><strong>Statement [LineItems]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory', window );">Summary of Number of Outstanding Deferred and Restricted stock Units</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding AB InBev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSU and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31.2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7.3</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(0.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">25.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29.0</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StatementsLineItems', window );"><strong>Statement [LineItems]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOptionsOutstandingExplanatory', window );">Summary of Number of Options Outstanding</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev options developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million options</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">72.5</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99.8</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15.5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">60.2</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72.5</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">88.0</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOptionsWeightedAverageExercisePriceExplanatory', window );">Summary of Weighted Average Exercise Price of Options</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The weighted average exercise price of the Ambev options is as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 94%;"></td>
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<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
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<td></td>
<td></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Amounts in US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Options outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.72</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.34</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.60</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.68</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.89</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Exercisable at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.44</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.95</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.94</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfNumberOfOtherEquityInstrumentsExplanatory', window );">Summary of Number of Outstanding Deferred and Restricted stock Units</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The total number of outstanding Ambev RSUs and PSUs developed as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million RSUs and PSUs</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at 1&#160;January</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">120.4</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">120.0</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">109.8</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs issued during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33.9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25.6</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33.7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs vested during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(48.7)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18.3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs forfeited during the year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4.9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5.2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">RSUs and PSUs outstanding at the end of December</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">100.8</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120.4</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">120.0</div></div></div></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of options outstanding.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of information about options weighted average exercise price.</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
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<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Disputes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">62</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">472</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">576</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions made</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">247</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">276</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(122)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(170)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(73)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(88)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance as of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">543</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">617</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
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<td style="width: 1%; vertical-align: bottom;"></td>
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<td></td> </tr>
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<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Restructuring</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8194;Disputes</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Other</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">69</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">476</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">44</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">589</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Effect of movements in foreign exchange</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(58)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(61)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions made</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">51</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">158</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">218</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions used</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(63)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(117)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Provisions reversed</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(68)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other movements</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">62</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">472</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">576</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutProvisionsExpectedToBeSettledExplanatory', window );">Summary of Provisions are Expected to Be Settled Within the Following Time Windows</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The provisions are expected to be settled within the following time windows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Due&#160;within&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;&#8195;Due&#160;after&#160;one&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8201;&#8195;&#8201;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Restructuring</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">30</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">127</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Labor</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">104</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commercial</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">57</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Excise duties</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">185</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">246</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Disputes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">142</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">401</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other provisions</div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">425</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">617</div></div></div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">671</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">424</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">59</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">869</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">797</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade payables and accrued expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17 055</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 010</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Payroll and social security payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 606</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 623</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Indirect taxes payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 021</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 560</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 369</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 336</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Consigned packaging</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 093</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 017</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dividends payable</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">610</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">767</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit&#160;or<br/> loss</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At<br/> &#8194;amortized<br/> cost</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> profit or<br/> loss</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">At fair<br/> value<br/> &#8194;through<br/> OCI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;Total</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash and cash equivalents</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 638</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 638</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 174</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 174</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 406</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 406</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 714</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 714</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Investment securities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">306</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">134</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">467</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">221</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">138</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">389</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">63</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">433</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">457</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">439</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">439</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">106</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">214</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">214</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">249</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">249</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 070</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">343</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">825</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18 239</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 918</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">247</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">927</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 092</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">499</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">279</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">778</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">382</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">399</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">781</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 571</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">343</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">546</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">17 460</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 536</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">247</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">528</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">16 311</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 348</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">241</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">21 589</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20 037</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20 325</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70 938</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 191</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 128</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69 011</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 709</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 720</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current interest-bearing loans and borrowings</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">885</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">885</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 449</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 449</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 481</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 481</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 614</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 614</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">435</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">563</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">52</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">46</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">205</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">205</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">55</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">102</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">94</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93 184</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 143</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">686</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">101 013</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">90 497</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">7 735</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">147</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">98 379</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71 678</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 320</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">183</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">73 182</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69 494</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 933</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">71 492</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 506</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 822</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">503</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27 831</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">21 003</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">82</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26 887</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory', window );">Summary of Notional Amounts of Derivatives Outstanding at Year-end by Maturity Bucket</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below provides an overview of the notional amounts of derivatives outstanding as of the dates indicated by maturity bucket. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&lt;&#160;1<br/> year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1-2<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2-3<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&lt;&#160;1<br/> &#8195;year</div></div></div></td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1-2<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2-3<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3-5<br/> &#8195;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&gt;&#160;5</div></div> <div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8195;years</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign currency</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange forwards</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 498</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">344</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 867</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">300</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">150</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">315</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 250</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 841</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">591</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">630</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureExplanatory', window );">Summary of Foreign Exchange Risk on Operating Activities</a></td>
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<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;exposure</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;hedges</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Open<br/> &#8195;&#8195;&#8195;position</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;exposure</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total<br/> &#8195;&#8195;&#8195;hedges</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Open<br/> &#8195;&#8195;&#8195;position</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Brazilian real</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 682)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 671</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 823)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 456</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(367)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 203)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 182</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 250)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 092</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(158)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Colombian peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(494)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">460</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(34)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(504)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">482</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(385)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">388</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(373)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">333</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(317)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">312</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(286)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">243</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(43)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Argentine peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(274)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(326)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(326)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Honduran lempira</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(226)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(226)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(225)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(225)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Peruvian nuevo sol</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(194)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">199</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(236)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">215</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(182)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">190</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(160)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">116</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(179)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(66)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">52</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Chilean peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(164)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">151</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(144)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Paraguayan guarani</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">142</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(144)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">127</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(130)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">128</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(126)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">106</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Indian rupee</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(120)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">115</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(113)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">69</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Dominican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(129)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(129)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar/Bolivian boliviano</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(112)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(112)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(104)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(104)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/South African rand</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(136)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">111</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro/Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(123)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">89</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(34)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(91)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso/Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(118)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">97</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(153)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">132</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Others</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(502)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">452</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(50)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(567)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">441</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(126)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Amended to conform to the 2025 presentation. </div></div> <span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory', window );">Summary of Foreign Exchange Results Recognized on Unhedged and Hedged Exposures</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange results recognized on hedged and unhedged exposures are as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Hedged (economic hedges)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">93</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(186)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">70</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(479)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(423)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(386)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(147)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(353)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEffectiveTaxRateExplanatory', window );">Summary of Effective Interest Rates at Balance Sheet</a></td>
<td class="text">
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<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">After hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Floating rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 193</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.0%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">334</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">333</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">334</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 527</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41 499</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">32 965</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 593</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29 274</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">566</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 668</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 049</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">225</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">225</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">567</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">37</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 165</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 515</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">72 693</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">71 500</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 92%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Before hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">After hedging</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Effective<br/> interest&#160;rate</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Floating rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 792</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">184</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">184</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">184</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 975</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.1%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46 192</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5.4%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36 780</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 653</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 530</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chinese yuan</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.2%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">41</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 921</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.5%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">555</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.4%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 657</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">South Korean won</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4.9%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">40</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 200</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Mexican peso</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15.7%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">239</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.8%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 239</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3.3%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 154</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8.6%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 111</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10.1%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">833</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">71 986</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70 195</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestExpenseExplanatory', window );">Summary of Interest Expense Recognized on Unhedged and Hedged Financial Liabilities</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">Interest expense recognized on unhedged and hedged financial liabilities was as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
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<td style="width: 91%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial liabilities measured at amortized cost &#8211; not hedged</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 250</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 492</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 722</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(31</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(22</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net investment hedges - hedging instruments (interest component)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">49</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Economic hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 194</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 443</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(3 705</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory', window );">Schedule of Commodity Derivatives Outstanding</a></td>
<td class="text">The most significant commodity hedges are included in the table below (expressed in outstanding notional amounts): <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;">
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<td style="width: 96%;"></td>
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<td></td>
<td></td>
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<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;&#8201;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 312</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 841</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">212</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">207</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">197</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">203</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">86</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">79</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">73</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 942</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 496</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory', window );">Summary of Estimated Impact on Changes in the Price of Commodities</a></td>
<td class="text"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures would have on the equity reserves. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Pre-tax&#160;impact&#160;on&#160;equity</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Volatility&#160;of<br/> &#8195;&#8194;prices&#160;in&#160;%&#185;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;increase</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Prices<br/> &#8195;&#8194;decrease</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Aluminum</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">504</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(504)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">408</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(408)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Energy</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">47%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(100)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">44%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(92)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Corn</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Plastic</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Sugar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Wheat</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">12</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(13)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Rice</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">38%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div> Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024. </div></div> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureExplanatory', window );">Summary of Carrying Amount of Financial Assets</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The maximum exposure to credit risk at the reporting date for trade and other receivables, excluding Brazilian tax credits, tax receivables other than income tax and prepaid expenses, was as follows: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Impairment</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 661</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(399)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 261</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 168</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(377)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 792</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 213</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(68)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 145</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">984</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(61)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">923</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other receivables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 874</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(468)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 406</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 152</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 714</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory', window );">Summary of Allowance for Impairment</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The allowance for impairment recognized during the period on trade and other receivables was as follows: </div></div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;31&#160;December&#160;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of previous year</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(462)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(416)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Impairment losses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(53)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(56)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(54)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derecognition</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">26</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Currency translation and other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(40)</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; padding: 0px;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Balance at end of period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(468)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(438)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(462)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfManagingLiquidityRisk', window );">Summary of Nominal Contractual Maturities of Non-Derivative Financial Liabilities</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the nominal contractual maturities of the company&#8217;s non-derivative financial liabilities including interest payments and derivative liabilities: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contractual<br/> cash<br/> flows</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Less<br/> than<br/> 1&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(70 199)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(115 992)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 962)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8 108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 398)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(11 951)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(86 573)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26 324)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(26 547)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25 410)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(150)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(177)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(277)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(532)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 397)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 706)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(704)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(606)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(448)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(447)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(501)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(178)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(221)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(239)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(84)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(132)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(12)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Bank overdrafts</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(99 351)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(145 700)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(29 358)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(9 001)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 039)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(12 686)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(87 617)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 481)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(563)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(563)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(416)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(59)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(87)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(205)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(60)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(51)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(32)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(18)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(44)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(102)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 397)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 397)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 105)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(111)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(32)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(105)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(44)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which: related to cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(460)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(460)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(425)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 80%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying<br/> amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Contractual<br/> cash<br/> flows</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Less<br/> than<br/> 1&#160;year</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">1-2&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">2-3&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">3-5&#160;years</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">More<br/> than<br/> 5&#160;years</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bond issues</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69 484)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(113 412)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 453)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 416)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 311)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(14 352)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(84 881)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Trade and other payables</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24 601)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(24 760)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(23 750)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(257)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(128)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(328)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(297)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Lease liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 303)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 592)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(639)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(620)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(398)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(447)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(488)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Secured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(19)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(25)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured bank loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Unsecured other loans</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(269)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(297)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(172)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(20)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(96 770)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(141 181)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(28 113)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 391)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 861)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(15 138)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(85 678)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative financial liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 614)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Foreign exchange derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(52)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cross currency interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(55)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(55)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(30)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(46)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest rate swaps</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(94)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(93)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Commodity derivatives</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(69)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 885)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 885)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5 818)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(30)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(47)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Of which: related to cash flow hedges</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(134)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(91)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(38)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory', window );">Summary of Carrying Amount of Fixed Rate Interest-Bearing Financial Liabilities and Fair Value</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized in the statement of financial position. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, lease liabilities and derivative financial instruments have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 34%;"></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="8" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Interest-bearing financial liabilities</div></div> </td>
<td style="vertical-align: bottom;">&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td> </tr>
<tr style="font-size: 1px;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="13" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair&#160;value</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Carrying&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Fair&#160;value</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fixed rate</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41 050)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(41 863)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(45 800)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(45 558)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Euro</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27 854)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(27 187)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21 915)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(21 605)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Pound sterling</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(519)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(467)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 108)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 046)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canadian dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(465)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(484)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(461)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(364)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(362)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(375)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(373)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(70 296)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(70 343)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(69 682)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(69 044)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory', window );">Analysis of Financial Instruments</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The table below presents the fair value hierarchy, which classifies financial instruments according to the extent to which their valuation relies on observable market inputs: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2025</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted&#160;(unadjusted)<br/> prices - level 1</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Observable&#160;market<br/> inputs - level 2</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;Unobservable&#160;market<br/> inputs - level 3</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">454</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">207</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">696</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">241</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 609</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">396</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Fair value hierarchy 31&#160;December 2024</div></div> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
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<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Quoted&#160;(unadjusted)<br/> prices - level 1</div></div></div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">416</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">345</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">796</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Financial Liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Deferred consideration on acquisitions at fair value</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">288</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives at fair value through profit and loss</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 644</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a cash flow hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">29</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">105</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a fair value hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivatives in a net investment hedge relationship</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">14</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">29</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 857</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">288</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory', window );">Summary of Hedging Reserve and Hedging Instruments</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">The company&#8217;s hedging reserves disclosed in Note 21 C<div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">hanges in equity and earnings per share</div></div> relate to the following instruments: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="height: 6pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 6pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(241)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">731</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">403</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(312)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(81)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(111)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(192)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2025</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">82</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">308</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">390</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 94%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
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<td style="height: 0.75pt; font-family: Arial;"></td>
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<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Commodities</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Foreign&#160;currency<br/> &amp; others</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;hedging<br/> reserves</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td>
<td colspan="4" style="height: 6pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 1&#160;January 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(304)</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">486</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">181</div></div></div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Change in fair value of hedging instrument recognized in OCI</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">54</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">519</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">573</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Reclassified to profit or loss / cost of inventory</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(273)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(264)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">As of 31&#160;December 2024</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(241)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">731</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">490</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory', window );">Summary of Offsetting Financial Assets and Liabilities</a></td>
<td class="text"><div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;">The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
<td></td>
<td></td>
<td style="width: 9%; vertical-align: bottom;"></td>
<td></td>
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<td style="width: 9%; vertical-align: bottom;"></td>
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<td style="width: 9%; vertical-align: bottom;"></td>
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<td></td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="16" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">728</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">728</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(725)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 397)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 397)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">725</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 672)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 46%; font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 9%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.75pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December 2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-size: 1pt;">
<td style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 0.75pt; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Gross&#160;amount&#8195;&#8195;&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Net&#160;amount<br/> recognized&#160;in&#160;the<br/> statement of<br/> financial&#160;position<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Other&#160;offsetting<br/> agreements<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total&#160;net&#160;amount</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">815</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">815</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(814)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Derivative liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 886)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 886)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">814</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 071)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net amount recognized in the statement of financial position after considering agreements that meet the offsetting criteria under IFRS. </div></div> </td> </tr> </table> <div style="clear: both; max-height: 0px;"></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr style="page-break-inside: avoid;">
<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other offsetting agreements include collateral, guarantee instruments and offsetting agreements that do not meet the offsetting criteria under IFRS. </div></div> </td> </tr> </table> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of derivative financial instruments maturity analysis.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of Detailed Information About Hedges and Un-Hedges Explanatory.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of effective tax rate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfEffectiveTaxRateExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of financial assets and financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of fixed rate interest bearing financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of foreign currency exchange exposure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of offsetting financial assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of sensitivity analysis for each type of commodity price risk explanatory.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Text block [abstract]</p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of how the entity manages its liquidity risk. [Refer: Liquidity risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 39<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_39_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 72<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_72_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 72<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_72_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity&#8217;s financial assets and commitments to extend credit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35M<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of derivative financial instruments. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about hedging instruments. [Refer: Hedging instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 60<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_60&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24A<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24A&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 60<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_60&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 64B<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_64B&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the fair value of financial instruments. [Refer: Classes of financial instruments [domain]; At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 126<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_126&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 250<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_250&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 250<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_250&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31&#160;December&#160;2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Collateral given for own liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">292</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">240</div></td>
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<td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Contractual commitments to purchase property, plant and equipment</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">171</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">257</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-size: 1pt;">
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<td colspan="4" style="height: 1.5pt; font-family: Arial;"></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 687</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">58</div></td>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 816</div></td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 684</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 525</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Value-added and excise taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 236</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 544</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other taxes</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">691</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18 394</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17 498</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 958</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 945</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 264</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 976</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 832</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 924</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 947</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 186</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">608</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">605</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity attributable to equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 977</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 930</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 262</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 184</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">156</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">151</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">56</div></td>
<td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"> </div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 82%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; padding-bottom: 0.5pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Ambev</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Budweiser APAC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8194;Million US dollar</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2023&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2025&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2024&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;2023&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized income statement and&#160;other comprehensive income information</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 751</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 678</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 920</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 764</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 246</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 856</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 854</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 987</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">520</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">880</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Attributable to:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 767</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 692</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 895</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">489</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">719</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">852</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">31</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 854</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 768</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 987</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">520</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">750</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">880</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 759</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 677</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 909</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">287</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(694</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(286</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Total comprehensive income</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 095</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 445</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 078</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">807</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">56</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">594</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Attributable to:</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Equity holders</div></div> </td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 028</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 337</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 011</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">772</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">33</div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">567</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Non-controlling interests</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">66</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">67</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">35</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Summarized cash flow information</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from operating activities</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 364</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 866</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from investing activities</div></div> </td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(447</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cash flow from financing activities</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 779</div></td>
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<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(903</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(621</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">)&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net increase/(decrease) in cash and cash equivalents</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 298</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 917</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">565</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(111</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(177</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">)&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">743</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td> </tr> </table> <span></span>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Detailed Information About Non-controlling Interests [text block]</p></div>
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<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>dtr-types:textBlockItemType</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related parties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55&#8195;</div></td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">46&#8195;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">68&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">70&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2&#8195;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">58&#8195;</div></div></div></td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTransactionsBetweenAssociateExplanatory', window );">Summary of AB InBev's Transactions with Associates</a></td>
<td class="text"> <div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;">Significant interests in associates are shown in note 16 <div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Investments in associates</div></div>. AB InBev&#8217;s transactions with associates were as follows: </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"> <div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2024</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8195;&#8195;2023</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">19</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(215)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(233)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current assets</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">108</div></td>
<td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Current liabilities</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"></td> </tr> </table> <span></span>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfTransactionsBetweenAssociateExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The tabular disclosure of transactions between associate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfTransactionsBetweenAssociateExplanatory</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Supplemental guarantor financial information (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2025</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">561</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 632</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(60)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 134</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(518)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 791)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 254)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">43</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 840</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 879</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(74)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 008</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 649)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">17</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 693)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">178</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(119)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">57</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">148</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 004</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 073</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">18</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 243</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(757)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 832)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">71</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">36</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3 469)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Share of result of associates</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(28)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">402</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(165)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">201</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(638)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 426)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">980</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 023)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">7 475</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 220</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">239</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 632</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 566)</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 837</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(206)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 220</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 681</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 566)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(1 023)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;">
<tr>
<td style="width: 86%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Income Statement</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;For the year ended 31&#160;December 2024</div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">&#8199;Million US dollar</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABISA</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIWW</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABIFI</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">ABC</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Revenue</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">507</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">12 877</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(61)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 323</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cost of sales</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(470)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 024)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">55</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 440)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Gross profit</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 852</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 883</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Selling, general and administrative expenses</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(139)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 081</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(5 607)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4 659)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">633</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(106)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">523</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss) from operations</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">530</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 077</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 139</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 747</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Net finance income/(expense)&#185;</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(588)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(1 496)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(891)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">248</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(2 709)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income tax expense</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(83)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">129</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(76)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(9)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(43)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit/(loss)</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(141)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(290)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">172</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">240</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">-</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Income from subsidiaries</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 995</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">408</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">236</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">869</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(7 509)</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Profit of the period</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 855</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">118</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">14</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">408</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 109</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(7 509)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(5)</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="clear: both; max-height: 0px;"></div> <div style="font-size: 80pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 80pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;">&#160;</div>
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<td style="width: 1%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Other operating income/(expenses) and Net finance income/(expense) include exceptional items. </div></div> </td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCondensedConsolidatingStatementOfFinancialPositionExplanatory', window );">Schedule of Condensed Consolidated Statement of Financial Position</a></td>
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<td style="vertical-align: top; white-space: nowrap; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Statement of Financial Position</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;As at 31&#160;December 2025</div> <div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;">&#160;</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Million US dollar</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABIWW</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABIFI</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABC</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Brandbrew,<br/> Brandbev<br/> and<br/> Cobrew</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Eliminations</div> <div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/> and<br/> Subsidiary<br/> Guarantors<br/> after<br/> eliminations</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);">&#160;</td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">4 727</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 759</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 330</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">42 756</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 520</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17 128)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">43 964</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">114 509</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">103 244</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">117 583</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 418</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(301 511)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61 248</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">119 236</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">107 003</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 335</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">160 339</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33 938</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(318 638)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">105 212</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 090</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 120</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">465</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 250</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 855</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 468)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">18 313</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">292</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">344</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 977</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 019</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 642</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 383</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 464</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">476</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">11 227</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">8 873</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 468)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">26 954</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">87 288</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50 730</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">415</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">133 928</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28 247</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(301 511)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(903)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">13 613</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 718</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 561</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">509</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(17 128)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 273</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">28 386</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 030</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 303</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 544</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">133</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">77 397</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">41 999</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">45 748</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 303</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">31 105</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">642</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(17 128)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">105 670</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">325</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 476</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 744</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 228</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(10 468)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">16 305</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 007</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">513</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">92</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 789</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 694</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 094</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">1 332</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">15 989</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">92</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">6 533</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">13 922</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(10 468)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><br/></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">27 400</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr> </table> <div style="font-size: 24pt; margin-top: 0px; margin-bottom: 0px;">&#160;</div>
<table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: ARIAL; font-size: 8pt; width: 100%; border-spacing: 0px; margin: 0px auto;">
<tr>
<td style="width:86%"></td>
<td style="vertical-align:bottom;width:1%"></td>
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<td></td>
<td></td>
<td style="vertical-align:bottom;width:1%"></td>
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<td style="vertical-align:bottom;width:1%"></td>
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<td style="vertical-align:bottom;width:1%"></td>
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<td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top;white-space:nowrap"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Statement of Financial Position</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;As at 31&#160;December 2024</div> <div style="font-size: 14pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">&#160;</div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">&#8199;Million US dollar</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
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<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">ABC</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Brandbrew,<br/>Brandbev<br/>and<br/>Cobrew</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; text-align: left; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;">Eliminations</div> <div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;">&#160;</div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;">&#160;</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;&#160;</td>
<td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">Total ABISA<br/>and<br/>Subsidiary<br/>Guarantors<br/>after<br/>eliminations</div></div></div></td>
<td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom">&#160;</td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 779</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 792</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 472</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39 257</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">6 629</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15 415)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">54 513</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">103 542</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">102 143</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">124 340</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27 309</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(295 233)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62 104</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">115 321</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">110 935</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 473</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">163 597</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">33 938</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(310 648)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">116 617</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due from subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">2 373</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">94</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">459</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8 162</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 338</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 757)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 669</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">251</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">116</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">8</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 598</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 327</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5 301</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total current assets</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2 625</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">210</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">467</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 760</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">4 666</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 757)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 971</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total equity</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">78 237</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">50 936</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">405</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">132 668</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">28 542</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(295 233)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(4 445)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">15 265</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">23 444</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 080</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">484</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(15 415)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">34 858</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">22 647</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">25 920</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 443</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">24 256</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">64</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">-</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">76 330</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Total non-current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">37 912</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">49 364</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">3 443</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">35 336</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">548</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(15 415)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">111 188</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><br/></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Due to subsidiaries</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">181</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">10 295</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">5</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 908</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 827</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">(6 757)</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">9 459</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">Other current liabilities</div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">1 617</div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">550</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">88</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">3 445</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">11 385</div></td>
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<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">10 845</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">93</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">5 353</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">9 513</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">(6 757)</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;">&#160;&#160;</td>
<td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#160;</div></div></div></td>
<td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">20 844</div></div></div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Belgium</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cervecer&#237;a Boliviana Nacional S.A. - Av. Montes 400&#160;&amp; Calle Chuquisaca No.&#160;121, Zona Challapampa - La Paz</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Botswana</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone&#185;</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Brazil</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#176; Andar Itaim Bibi - S&#227;o Paulo</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Canada</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Labatt Brewing Company Limited - 207 Queen&#8217;s Quay West, Suite 299 - M5J 1A7 - Toronto</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Chile</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">China</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
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<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">84.66%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">56.69%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Colombia</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Bavaria&#160;&amp; Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Czech Republic</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Pivovar Samson s.r.o. - Lidick&#225; 458/51, 37001 - &#268;esk&#233; Bud&#283;jovice</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Dominican Republic</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo<div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">2</div></div></div> </td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">59.56%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Ecuador</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cervecer&#237;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#237;o Daule&#160;- EC090150 - Guayaquil, Guayas</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">El Salvador</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">France</div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);">&#160;&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>
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<tr>
<td style="width:98%"></td>
<td style="vertical-align:bottom;width:1%"></td>
<td></td>
<td></td>
<td></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Germany</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev Deutschland GmbH&#160;&amp; Co. KG - Am Deich 18/19 - 28199 - Bremen</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Ghana</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.80%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Honduras</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Hondure&#241;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">99.61%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Hong Kong</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">India</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Italy</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Luxembourg</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">98.30%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Mexico</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Mozambique</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervejas De Mo&#231;ambique SA - Rua do Jardim 1329 - Maputo</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">51.47%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Netherlands</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">62.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Nigeria</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">68.31%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Panama</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#225;</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.73%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Paraguay</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Cervecer&#237;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#237;o a Villeta N&#176; 825</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">53.92%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Peru</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Uni&#243;n de Cervecer&#237;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">95.35%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Africa</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">South Korea</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom"></td>
<td style="vertical-align:bottom"></td>
<td style="vertical-align:bottom"></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Spain</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Compa&#241;&#237;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">51.03%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Switzerland</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;">.</div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;">Tanzania</div> </td>
<td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">1</div></div> </td>
<td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom">&#160;&#160;</td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">39.65%</div></td>
<td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>
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<tr>
<td style="width: 98%; font-family: Arial;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td>
<td style="font-family: Arial;"></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Uganda</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.76%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United Kingdom</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev International Brands Limited - AB InBev House, Church Street West, Woking, Surrey, GU21 6HT</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev UK Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI SAB Group Holding Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI UK Holding 1 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">ABI UK Holding 2 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">United States</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
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<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">100.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis</div></div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">50.10%</div></td>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo</div></div></div> </td>
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<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">61.73%</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Vietnam</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">87.22%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Zambia</div></div> </td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">54.02%</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table>  <div style="font-size:40pt;margin-top:0pt;margin-bottom:0pt">&#160;</div> <div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%">&#160;</div>
<table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%">
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<td style="width:1%;vertical-align:top;text-align:left"><div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: justify; line-height: normal;">The company is consolidated due to the group&#8217;s majority shareholders and ability to control the operations. </div> </td> </tr> </table> <span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock', window );">Summary of Name and Registered Office of Associates and Joint Ventures [Table Text Block]</a></td>
<td class="text"> <div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;text-indent: 0px;"><div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">LIST OF THE MOST IMPORTANT COMPANIES CONSOLIDATED BY APPLYING THE EQUITY METHOD OF ACCOUNTING (ASSOCIATES) </div></div></div></div> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div>
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<td style="width: 98%; font-family: Arial;"></td>
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<td style="font-family: Arial;"></td> </tr>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">&#8199;Name and registered office of associates</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">%&#160;economic&#160;interest&#160;as<br/> of 31&#160;December 2025</div></div></div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;</td> </tr>
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<td style="height: 3.75pt; font-family: Arial;"></td>
<td colspan="4" style="height: 3.75pt; font-family: Arial;"></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">France</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Soci&#233;t&#233; des brasseries et glaci&#232;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris</div><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Luxembourg</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg</div><div style="display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div> </td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">27.50%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg</div><div style="display:inline;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px">1</div></div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">20.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
<tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Netherlands</div></div> </td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">50.00%</div></td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">Turkey</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#231;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#231;elievler Istanbul</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
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<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;">.</div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
<td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr>
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<td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"> <div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"><div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;">Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare</div></div></div> </td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td>
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<td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"><div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"></div> <div style="font-size: 50pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"><div style="font-size: 50pt; letter-spacing: 0px; top: 0px;display:inline;">&#160;</div></div> <div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;text-indent: 0px;">&#160;</div>
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<td style="width: 2%; text-align: left; vertical-align: top;"><div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px">1</div>&#160;</td>
<td style="text-align: left; vertical-align: top;"> <div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;">Related to Castel group. </div></div> </td> </tr> </table> <span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of information about consolidated structured entities. [Refer: Total for all consolidated structured entities [member]]</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Corporate Information - Additional Information (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
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<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>Country </div>
<div>Employees </div>
<div>Brand</div>
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<div>Dec. 31, 2024 </div>
<div>USD ($) </div>
<div>Employees</div>
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<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($) </div>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">136,805<span></span>
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<td class="nump">143,885<span></span>
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<td class="nump">154,540<span></span>
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<td class="nump">$ 59,320<span></span>
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<td class="nump">$ 59,768<span></span>
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<td class="nump">$ 59,380<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="nump">137,000<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">40<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">$ 59,300<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">400<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Brewing heritage period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BrewingHeritagePeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfCorporateInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Corporate Information [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfCorporateInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfBeerBrands">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of beer brands.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfBeerBrands</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfCountriesReportingEntityOperates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of countries reporting entity operates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfCountriesReportingEntityOperates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of personnel employed by the entity at a date.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_AnheuserBuschInBevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_AnheuserBuschInBevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of Significant Accounting Policies - Additional Information (Detail)<br></strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>May 31, 2018</div></th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>Segments </div>
<div>Region</div>
</th>
<th class="th"><div>Dec. 31, 2024</div></th>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivableSettlementPeriod', window );">Trade receivable settlement period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">30 days<span></span>
</td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfOperatingSegments1', window );">Number of operating segments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfReportableSegments1', window );">Number of reportable segments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfGeographicalRegions', window );">Number of geographical regions | Region</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_ArsMember', window );">ARS [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing foreign exchange rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,459.8<span></span>
</td>
<td class="nump">1,032.79<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingPowerHeldInAssociate', window );">Voting rights in associate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Argentina [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CumulativeInflationRateTransitionToHyperinflation', window );">Cumulative inflation rate - transition to hyperinflation</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingPowerHeldInAssociate', window );">Voting rights in associate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_InformationProcessingEquipmentMember', window );">Information processing equipment [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill', window );">Amortization period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_InformationProcessingEquipmentMember', window );">Information processing equipment [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill', window );">Amortization period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">10 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CumulativeInflationRateTransitionToHyperinflation">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cumulative inflation rate transition to hyperinflation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CumulativeInflationRateTransitionToHyperinflation</td>
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<tr>
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<td>duration</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfExchangeRatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of exchange rates [LineItems].</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfExchangeRatesLineItems</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfGeographicalRegions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of geographical regions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfGeographicalRegions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfOperatingSegments1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number Of Operating Segments1</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfOperatingSegments1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfReportableSegments1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of Reportable Segments1</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfReportableSegments1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TradeReceivableSettlementPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trade receivable settlement period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TradeReceivableSettlementPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Useful lives or amortisation period, intangible assets other than goodwill.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClosingForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfVotingPowerHeldInAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of the voting rights in an associate held by the entity. [Refer: Total for all associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfVotingPowerHeldInAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
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<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_ArsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_ArsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_InformationProcessingEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_InformationProcessingEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
</tr>
<tr>
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<td></td>
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<tr>
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of Significant Accounting Policies - Summary of Exchange Rates (Detail)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentinean Peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">1,459.8<span></span>
</td>
<td class="nump">1,032.79<span></span>
</td>
<td class="nump">808.74<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_BRL', window );">Brazilian Real [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">5.5<span></span>
</td>
<td class="nump">6.19<span></span>
</td>
<td class="nump">4.84<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">5.6<span></span>
</td>
<td class="nump">5.36<span></span>
</td>
<td class="nump">5.01<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_CAD', window );">Canadian Dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">1.37<span></span>
</td>
<td class="nump">1.44<span></span>
</td>
<td class="nump">1.33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">1.4<span></span>
</td>
<td class="nump">1.37<span></span>
</td>
<td class="nump">1.35<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_CNY', window );">Chinese Yuan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">7.3<span></span>
</td>
<td class="nump">7.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">7.21<span></span>
</td>
<td class="nump">7.18<span></span>
</td>
<td class="nump">7.06<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_COP', window );">Colombian Peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">3,749.18<span></span>
</td>
<td class="nump">4,415.4<span></span>
</td>
<td class="nump">3,818.47<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">4,063.86<span></span>
</td>
<td class="nump">4,077.77<span></span>
</td>
<td class="nump">4,284.95<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_EUR', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.85<span></span>
</td>
<td class="nump">0.96<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.89<span></span>
</td>
<td class="nump">0.92<span></span>
</td>
<td class="nump">0.93<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_MXN', window );">Mexican Peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">17.97<span></span>
</td>
<td class="nump">20.27<span></span>
</td>
<td class="nump">16.89<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">19.28<span></span>
</td>
<td class="nump">18.16<span></span>
</td>
<td class="nump">17.73<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_PEN', window );">Peruvian sol [member</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">3.37<span></span>
</td>
<td class="nump">3.77<span></span>
</td>
<td class="nump">3.71<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">3.57<span></span>
</td>
<td class="nump">3.76<span></span>
</td>
<td class="nump">3.75<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_GBP', window );">Pound Sterling [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.74<span></span>
</td>
<td class="nump">0.8<span></span>
</td>
<td class="nump">0.79<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.76<span></span>
</td>
<td class="nump">0.78<span></span>
</td>
<td class="nump">0.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ZAR', window );">South African Rand [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">16.55<span></span>
</td>
<td class="nump">18.88<span></span>
</td>
<td class="nump">18.41<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">17.92<span></span>
</td>
<td class="nump">18.24<span></span>
</td>
<td class="nump">18.41<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=currency_KRW', window );">South Korean Won [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExchangeRatesLineItems', window );"><strong>Disclosure Of Exchange Rates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">1,444.93<span></span>
</td>
<td class="nump">1,474.05<span></span>
</td>
<td class="nump">1,296.53<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">1,421.7<span></span>
</td>
<td class="nump">1,355.26<span></span>
</td>
<td class="nump">1,309.12<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfExchangeRatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of exchange rates [LineItems].</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfExchangeRatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClosingForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ARS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ARS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_BRL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_BRL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_CAD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_CAD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_CNY">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_CNY</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_COP">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_COP</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_MXN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_MXN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_PEN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_PEN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_GBP">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_GBP</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ZAR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ZAR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_KRW">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_KRW</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of Significant Accounting Policies - Summary of Estimated Useful Live of Assets Expected Utility (Detail)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Point of sale furniture and equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Industrial buildings - other real estate properties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">20 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Production plant and equipment production equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Production plant and equipment storage, packaging and handling equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Returnable packaging kegs [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Returnable packaging crates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Returnable packaging bottles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Cars [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Truck [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Information processing equipment (hardware) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">3 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Industrial buildings - other real estate properties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">50 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Production plant and equipment production equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">15 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Production plant and equipment storage, packaging and handling equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">7 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Returnable packaging kegs [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Returnable packaging crates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Returnable packaging bottles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Cars [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Truck [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">15 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Information processing equipment (hardware) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife', window );">Estimated useful lives</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PropertyPlantAndEquipmentEstimatedUsefulLife">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Property plant and equipment estimated useful life.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PropertyPlantAndEquipmentEstimatedUsefulLife</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionPlantAndProductionEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionPlantAndProductionEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionPlantAndStoragePackagingAndHandlingEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingKegsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingKegsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingCratesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingCratesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingBottlesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ReturnablePackagingBottlesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_CarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_CarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_TruckMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_TruckMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<DOCUMENT>
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<SEQUENCE>88
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment Reporting - Additional Information (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>Segments </div>
<div>Region</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfBusinessSegments', window );">Number of business segment | Segments</a></td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfReportableSegments1', window );">Number of reportable segments | Segments</a></td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfGeographicalRegions', window );">Number of geographical regions | Region</a></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">$ 59,320<span></span>
</td>
<td class="nump">$ 59,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 59,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non current Assets</a></td>
<td class="nump">194,039<span></span>
</td>
<td class="nump">183,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BE', window );">Belgium [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">696<span></span>
</td>
<td class="nump">692<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">606<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non current Assets</a></td>
<td class="nump">2,221<span></span>
</td>
<td class="nump">2,331<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,341<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">12,376<span></span>
</td>
<td class="nump">12,792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,168<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">8,766<span></span>
</td>
<td class="nump">9,063<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,257<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=bud_BeerBusinessMember', window );">Beer business [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">53,050<span></span>
</td>
<td class="nump">53,655<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">53,865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=bud_NonBeerBusinessMember', window );">Non-beer business [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">$ 6,269<span></span>
</td>
<td class="nump">$ 6,114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 5,515<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfBusinessSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of business segments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfBusinessSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfGeographicalRegions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of geographical regions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfGeographicalRegions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfReportableSegments1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of Reportable Segments1</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfReportableSegments1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BE">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BE</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=bud_BeerBusinessMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=bud_BeerBusinessMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=bud_NonBeerBusinessMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=bud_NonBeerBusinessMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Segment Reporting - Summary of Segment Reporting (Detail)<br> HLS in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>HLS</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2024 </div>
<div>USD ($) </div>
<div>HLS</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2023 </div>
<div>USD ($) </div>
<div>HLS</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 59,320<span></span>
</td>
<td class="nump">$ 59,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 59,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,405<span></span>
</td>
<td class="nump">15,487<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,966<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,465)<span></span>
</td>
<td class="num">(5,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,102)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(35)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,850)<span></span>
</td>
<td class="num">(3,152)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,234)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 6,891<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 194,039<span></span>
</td>
<td class="nump">$ 183,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">561<span></span>
</td>
<td class="nump">576<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">585<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 59,320<span></span>
</td>
<td class="nump">$ 59,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 59,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,405<span></span>
</td>
<td class="nump">15,487<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,966<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,465)<span></span>
</td>
<td class="num">(5,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,102)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of results of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">378<span></span>
</td>
<td class="nump">329<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,850)<span></span>
</td>
<td class="num">(3,152)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,234)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,891<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">194,039<span></span>
</td>
<td class="nump">183,637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">195,973<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 3,656<span></span>
</td>
<td class="nump">$ 3,863<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 4,638<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">136,805<span></span>
</td>
<td class="nump">143,885<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">154,540<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | North America [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">83<span></span>
</td>
<td class="nump">86<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 14,207<span></span>
</td>
<td class="nump">$ 14,655<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 15,072<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,747<span></span>
</td>
<td class="nump">4,350<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,607<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">61,445<span></span>
</td>
<td class="nump">61,837<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">62,436<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 391<span></span>
</td>
<td class="nump">$ 436<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 495<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,449<span></span>
</td>
<td class="nump">16,492<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,950<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | Middle America [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">150<span></span>
</td>
<td class="nump">150<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">149<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 17,376<span></span>
</td>
<td class="nump">$ 17,072<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 16,348<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,382<span></span>
</td>
<td class="nump">6,809<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,201<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">73,560<span></span>
</td>
<td class="nump">66,567<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74,142<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 921<span></span>
</td>
<td class="nump">$ 1,164<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 1,368<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">43,085<span></span>
</td>
<td class="nump">45,630<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">48,069<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | South America [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">155<span></span>
</td>
<td class="nump">161<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">162<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 11,954<span></span>
</td>
<td class="nump">$ 12,423<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 12,040<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,909<span></span>
</td>
<td class="nump">3,012<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,838<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,764<span></span>
</td>
<td class="nump">12,820<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,791<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 660<span></span>
</td>
<td class="nump">$ 702<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 830<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32,931<span></span>
</td>
<td class="nump">34,639<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">36,267<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | EMEA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">93<span></span>
</td>
<td class="nump">94<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 9,502<span></span>
</td>
<td class="nump">$ 9,003<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 8,589<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,022<span></span>
</td>
<td class="nump">1,765<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,461<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,845<span></span>
</td>
<td class="nump">27,951<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29,302<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 750<span></span>
</td>
<td class="nump">$ 668<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 906<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,264<span></span>
</td>
<td class="nump">19,979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21,011<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | Asia Pacific [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">93<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 5,693<span></span>
</td>
<td class="nump">$ 6,196<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 6,824<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,011<span></span>
</td>
<td class="nump">1,222<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,451<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,964<span></span>
</td>
<td class="nump">10,952<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,980<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 307<span></span>
</td>
<td class="nump">$ 379<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 498<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">20,908<span></span>
</td>
<td class="nump">21,483<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">24,992<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">AB InBev Worldwide [member] | Global export and holding companies [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReportedVolumes', window );">Volume (million hls) | HLS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 588<span></span>
</td>
<td class="nump">$ 418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 508<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,666)<span></span>
</td>
<td class="num">(1,671)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,592)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Segment assets (non-current)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,461<span></span>
</td>
<td class="nump">3,511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,323<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossCapitalExpenditure', window );">Gross capex</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 628<span></span>
</td>
<td class="nump">$ 513<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 540<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FullTimeEquivalentEmployees', window );">FTE</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,168<span></span>
</td>
<td class="nump">5,662<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,251<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalShareOfResultsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_FullTimeEquivalentEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A combination of employees,each of whom individually is not a full individually is not a full time employee.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_FullTimeEquivalentEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_GrossCapitalExpenditure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gross capital expenditure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GrossCapitalExpenditure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ReportedVolumes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Reported volumes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ReportedVolumes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2025-01-01<br> -Paragraph IE33<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=srt_NorthAmericaMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SegmentAxis=bud_MiddleAmericaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=bud_MiddleAmericaMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=srt_SouthAmericaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SegmentAxis=bud_EMEASegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=bud_EMEASegmentMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=srt_AsiaPacificMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SegmentAxis=bud_GlobalExportandHoldingCompaniesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Other Operating Income/(Expenses) - Summary of Other Operating Income Expense (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOtherOperatingIncomeExpenseAbstract', window );"><strong>Disclosure of other operating income expense [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromGovernmentGrants', window );">Government grants</a></td>
<td class="nump">$ 365<span></span>
</td>
<td colspan="2" class="nump">$ 384<span></span>
</td>
<td colspan="2" class="nump">$ 374<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RentalIncome', window );">Net rental income</a></td>
<td class="nump">108<span></span>
</td>
<td colspan="2" class="nump">106<span></span>
</td>
<td colspan="2" class="nump">106<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment', window );">Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale</a></td>
<td class="nump">95<span></span>
</td>
<td colspan="2" class="nump">88<span></span>
</td>
<td colspan="2" class="nump">73<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LicenceFeeIncome', window );">License income</a></td>
<td class="nump">33<span></span>
</td>
<td colspan="2" class="nump">32<span></span>
</td>
<td colspan="2" class="nump">31<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeOperating', window );">Other operating income</a></td>
<td class="nump">206<span></span>
</td>
<td colspan="2" class="nump">168<span></span>
</td>
<td colspan="2" class="nump">194<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="nump">$ 808<span></span>
</td>
<td colspan="2" class="nump">$ 779<span></span>
</td>
<td colspan="2" class="nump">$ 778<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of other operating income expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 98<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_98_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LicenceFeeIncome</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeOperating">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeOperating</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RentalIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RentalIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromGovernmentGrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 20<br> -IssueDate 2025-01-01<br> -Paragraph 39<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=20&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_39_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromGovernmentGrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
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</DOCUMENT>
<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Exceptional items - Summary of Exceptional Items Included in Income Statement (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalRestructuringCharges', window );">Restructuring</a></td>
<td class="num">$ (116)<span></span>
</td>
<td colspan="2" class="num">$ (156)<span></span>
</td>
<td colspan="2" class="num">$ (142)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="num">(274)<span></span>
</td>
<td colspan="2" class="nump">181<span></span>
</td>
<td colspan="2" class="num">(397)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalClaimsAndLegalCosts', window );">Claims and legal costs</a></td>
<td class="num">(53)<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
<td colspan="2" class="num">(85)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalAcquisitionCostBusinessCombinations', window );">Acquisition-related costs (business combinations)</a></td>
<td class="num">(5)<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax', window );">Impact on profit from operations</a></td>
<td class="num">(449)<span></span>
</td>
<td colspan="2" class="nump">25<span></span>
</td>
<td colspan="2" class="num">(624)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalNetFinanceIncomeCost', window );">Exceptional net finance income/(expense)</a></td>
<td class="num">(185)<span></span>
</td>
<td colspan="2" class="num">(995)<span></span>
</td>
<td colspan="2" class="num">(69)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td colspan="2" class="nump">104<span></span>
</td>
<td colspan="2" class="num">(35)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalTaxes', window );">Exceptional taxes</a></td>
<td class="nump">156<span></span>
</td>
<td colspan="2" class="num">(205)<span></span>
</td>
<td colspan="2" class="nump">84<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalNoncontrollingInterest', window );">Exceptional non-controlling interest</a></td>
<td class="num">(30)<span></span>
</td>
<td colspan="2" class="nump">9<span></span>
</td>
<td colspan="2" class="nump">30<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetImpactOnProfit', window );">Net impact on profit</a></td>
<td class="num">$ (499)<span></span>
</td>
<td colspan="2" class="num">$ (1,062)<span></span>
</td>
<td colspan="2" class="num">$ (614)<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfExceptionalItemsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of exceptional items.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfExceptionalItemsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalAcquisitionCostBusinessCombinations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional acquisition cost business combinations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalAcquisitionCostBusinessCombinations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalClaimsAndLegalCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional Claims and legal costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalClaimsAndLegalCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional gain loss on business and asset disposal.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalGainLossOnBusinessAndAssetDisposal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional items included in earnings before interest and tax.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalItemsIncludedInEarningsBeforeInterestAndTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalNetFinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional net finance income/(cost).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalNetFinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalRestructuringCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional restructuring charges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalRestructuringCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalShareOfResultsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetImpactOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net impact on profit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetImpactOnProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Exceptional Items - Additional Information (Detail)<br> $ in Millions, R in Billions</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>ZAR (R)</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalRestructuringCharges', window );">Exceptional restructuring charges</a></td>
<td class="num">$ (116)<span></span>
</td>
<td class="num">$ (156)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (142)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="num">(274)<span></span>
</td>
<td class="nump">181<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetFinanceCostIncome', window );">NET finance (cost) income</a></td>
<td class="num">(185)<span></span>
</td>
<td class="num">(995)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DecreaseInIncomeTaxDueToExceptionalItems', window );">Decrease of income taxes</a></td>
<td class="nump">66<span></span>
</td>
<td class="num">(205)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalItemsIncludedInNoncontrollingInterests', window );">Non-controlling interest on the exceptional items</a></td>
<td class="num">(30)<span></span>
</td>
<td class="nump">9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalLegalCosts', window );">Exceptional Legal Costs</a></td>
<td class="num">(49)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(19)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalCustomsAuditClaim', window );">Exceptional customs audit claim</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(66)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalClaimsAndLegalCosts', window );">Exceptional Claims and Legal Costs</a></td>
<td class="num">(53)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(85)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(35)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized', window );">Utilization of current year and carry forward interests for which no deferred tax asset was recognized</a></td>
<td class="nump">156<span></span>
</td>
<td class="num">(205)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember', window );">South Africa Tax Matters [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized', window );">Utilization of current year and carry forward interests for which no deferred tax asset was recognized</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(240)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R 4.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=bud_BarbadosAndOtherCaribbeanIslandsMember', window );">Barbados and other Caribbean islands [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="num">(60)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=bud_NewarkBreweryMember', window );">Newark brewery [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="num">$ (214)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=bud_GhostBeveragesLlcMember', window );">Ghost Beverages LLC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 437<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=bud_TilrayBrandsIncMember', window );">Tilray Brands, Inc [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfExceptionalItemsLineItems', window );"><strong>Disclosure of Exceptional Items [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposals (including impairment losses)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (300)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DecreaseInIncomeTaxDueToExceptionalItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Decrease in income tax due to exceptional items</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DecreaseInIncomeTaxDueToExceptionalItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfExceptionalItemsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of exceptional items.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfExceptionalItemsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalClaimsAndLegalCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional Claims and legal costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalClaimsAndLegalCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalCustomsAuditClaim">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional customs audit claim.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalCustomsAuditClaim</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional gain loss on business and asset disposal.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalGainLossOnBusinessAndAssetDisposal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalItemsIncludedInNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional items included in noncontrolling interests.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalItemsIncludedInNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalLegalCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional legal costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalLegalCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalRestructuringCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional restructuring charges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalRestructuringCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalShareOfResultsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetFinanceCostIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>NET finance (Cost) Income</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetFinanceCostIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Utilization of current year and carry forward interests for which no deferred tax asset was recognized.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UtilizationOfCurrentYearAndCarryForwardInterestsForWhichNoDeferredTaxAssetWasRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=bud_BarbadosAndOtherCaribbeanIslandsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=bud_BarbadosAndOtherCaribbeanIslandsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=bud_NewarkBreweryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=bud_NewarkBreweryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=bud_GhostBeveragesLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=bud_GhostBeveragesLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=bud_TilrayBrandsIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=bud_TilrayBrandsIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Payroll and Related Benefits - Summary of Payroll and Related Benefits (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareOfEquityInvestmentLineItems', window );"><strong>Disclosure Of Share Of Equity Investment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees', window );">Share-based payment expense</a></td>
<td class="num">$ (625)<span></span>
</td>
<td class="num">$ (644)<span></span>
</td>
<td class="num">$ (570)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Payroll and related benefits</a></td>
<td class="num">(139)<span></span>
</td>
<td class="num">(151)<span></span>
</td>
<td class="num">(150)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=bud_PayrollAndRelatedBenefitsMember', window );">Payroll and related benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareOfEquityInvestmentLineItems', window );"><strong>Disclosure Of Share Of Equity Investment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WagesAndSalaries', window );">Wages and salaries</a></td>
<td class="num">(5,393)<span></span>
</td>
<td class="num">(5,285)<span></span>
</td>
<td class="num">(5,164)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SocialSecurityContributions', window );">Social security contributions</a></td>
<td class="num">(797)<span></span>
</td>
<td class="num">(770)<span></span>
</td>
<td class="num">(804)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherEmployeeExpense', window );">Other personnel cost</a></td>
<td class="num">(702)<span></span>
</td>
<td class="num">(683)<span></span>
</td>
<td class="num">(689)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees', window );">Share-based payment expense</a></td>
<td class="num">(625)<span></span>
</td>
<td class="num">(644)<span></span>
</td>
<td class="num">(570)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans', window );">Pension expense for defined contribution plans</a></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(183)<span></span>
</td>
<td class="num">(150)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Pension expense for defined benefit plans</a></td>
<td class="num">(139)<span></span>
</td>
<td class="num">(150)<span></span>
</td>
<td class="num">(166)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Payroll and related benefits</a></td>
<td class="num">$ (7,835)<span></span>
</td>
<td class="num">$ (7,715)<span></span>
</td>
<td class="num">$ (7,544)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfShareOfEquityInvestmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Share Of Equity Investment</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 133<br> -Subparagraph a<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_133_a_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 104<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 5<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherEmployeeExpense</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 5<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 203<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_203&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 203<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_203&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SocialSecurityContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 9<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_9&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SocialSecurityContributions</td>
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<tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WagesAndSalaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 9<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_9&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WagesAndSalaries</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=bud_PayrollAndRelatedBenefitsMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Payroll and Related Benefits - Summary of Number of Full Time Equivalents (Detail) - Employees<br></strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareOfEquityInvestmentLineItems', window );"><strong>Disclosure Of Share Of Equity Investment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfEmployees', window );">Total number of full time equivalents</a></td>
<td class="nump">136,805<span></span>
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<td class="nump">143,885<span></span>
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<td class="nump">154,540<span></span>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_ParentMember', window );">AB InBev SA/NV (paret company) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareOfEquityInvestmentLineItems', window );"><strong>Disclosure Of Share Of Equity Investment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfEmployees', window );">Total number of full time equivalents</a></td>
<td class="nump">218<span></span>
</td>
<td class="nump">229<span></span>
</td>
<td class="nump">236<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_OtherSubsidiariesMember', window );">Other subsidiaries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareOfEquityInvestmentLineItems', window );"><strong>Disclosure Of Share Of Equity Investment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfEmployees', window );">Total number of full time equivalents</a></td>
<td class="nump">136,587<span></span>
</td>
<td class="nump">143,656<span></span>
</td>
<td class="nump">154,304<span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Share Of Equity Investment</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of personnel employed by the entity at a date.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ifrs-full_ParentMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_OtherSubsidiariesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_OtherSubsidiariesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
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<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Additional Information on Operating Expenses By Nature - Summary of Depreciation, Amortization and Impairment Charges (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><sup>[1]</sup></th>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">$ (3,882)<span></span>
</td>
<td colspan="2" class="num">$ (3,875)<span></span>
</td>
<td colspan="2" class="num">$ (3,843)<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(1,029)<span></span>
</td>
<td colspan="2" class="num">(893)<span></span>
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<td colspan="2" class="num">(774)<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="num">(740)<span></span>
</td>
<td colspan="2" class="num">(776)<span></span>
</td>
<td colspan="2" class="num">(795)<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember', window );">Cost of sales [member]</a></td>
<td class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">(2,949)<span></span>
</td>
<td colspan="2" class="num">(3,105)<span></span>
</td>
<td colspan="2" class="num">(3,095)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(106)<span></span>
</td>
<td colspan="2" class="num">(82)<span></span>
</td>
<td colspan="2" class="num">(75)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="num">(26)<span></span>
</td>
<td colspan="2" class="num">(32)<span></span>
</td>
<td colspan="2" class="num">(33)<span></span>
</td>
</tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember', window );">Distribution expenses [member]</a></td>
<td class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">(121)<span></span>
</td>
<td colspan="2" class="num">(135)<span></span>
</td>
<td colspan="2" class="num">(139)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(4)<span></span>
</td>
<td colspan="2" class="num">(2)<span></span>
</td>
<td colspan="2" class="num">(13)<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="num">(333)<span></span>
</td>
<td colspan="2" class="num">(336)<span></span>
</td>
<td colspan="2" class="num">(351)<span></span>
</td>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember', window );">Sales and marketing expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">(256)<span></span>
</td>
<td colspan="2" class="num">(271)<span></span>
</td>
<td colspan="2" class="num">(291)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(480)<span></span>
</td>
<td colspan="2" class="num">(379)<span></span>
</td>
<td colspan="2" class="num">(260)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="num">(266)<span></span>
</td>
<td colspan="2" class="num">(276)<span></span>
</td>
<td colspan="2" class="num">(274)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember', window );">Administrative expenses [member]</a></td>
<td class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">(288)<span></span>
</td>
<td colspan="2" class="num">(315)<span></span>
</td>
<td colspan="2" class="num">(318)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(424)<span></span>
</td>
<td colspan="2" class="num">(421)<span></span>
</td>
<td colspan="2" class="num">(401)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="num">(114)<span></span>
</td>
<td colspan="2" class="num">(132)<span></span>
</td>
<td colspan="2" class="num">(137)<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_OtherOperatingExpensesMember', window );">Other operating expenses [member]</a></td>
<td class="text">&#160;<span></span>
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<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="num">(9)<span></span>
</td>
<td colspan="2" class="num">(1)<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_ExceptionalItemsMember', window );">Exceptional Items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdditionalInformationOnOperatingExpensesByNatureLineItems', window );"><strong>Additional Information On Operating Expenses By Nature [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="num">(267)<span></span>
</td>
<td colspan="2" class="num">(49)<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmortisationAndImpairmentOfIntangibleAssets', window );">Amortization and impairment of intangible assets and goodwill</a></td>
<td class="num">(15)<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
<td colspan="2" class="num">(25)<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DepreciationAndImpairmentOfRightofuseAsset', window );">Depreciation and impairment of right-of-use assets</a></td>
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<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform the 2025 presentation.</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Additional information on operating expenses by nature.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amortisation and Impairment of Intangible Assets</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AmortisationAndImpairmentOfIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Depreciation and impairment of property plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DepreciationAndImpairmentOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DepreciationAndImpairmentOfRightofuseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Depreciation&#160;and impairment of right-of-use asset.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DepreciationAndImpairmentOfRightofuseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_OtherOperatingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_OtherOperatingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_ExceptionalItemsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_ExceptionalItemsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R85.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance Expense and Income - Summary of Finance Expense and Income Included in Income Statement (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinanceIncomeExpenseLineItems', window );"><strong>Disclosure of finance income expense [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullinterestexpense', window );">Interest expense</a></td>
<td class="num">$ (3,194)<span></span>
</td>
<td colspan="2" class="num">$ (3,437)<span></span>
</td>
<td colspan="2" class="num">$ (3,696)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullrevenuefrominterest', window );">Interest income</a></td>
<td class="nump">511<span></span>
</td>
<td colspan="2" class="nump">591<span></span>
</td>
<td colspan="2" class="nump">565<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budincomefrominterestonbraziliantaxcredits', window );">Income From Interest On Brazilian Tax Credits</a></td>
<td class="nump">117<span></span>
</td>
<td colspan="2" class="nump">142<span></span>
</td>
<td colspan="2" class="nump">168<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullinterestrevenueexpense', window );">Net interest income/(expense)</a></td>
<td class="num">(2,566)<span></span>
</td>
<td colspan="2" class="num">(2,704)<span></span>
</td>
<td colspan="2" class="num">(2,963)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budaccretionexpense', window );">Accretion expense</a></td>
<td class="num">(747)<span></span>
</td>
<td colspan="2" class="num">(722)<span></span>
</td>
<td colspan="2" class="num">(808)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budinterestonpensions', window );">Interest on pensions</a></td>
<td class="num">(74)<span></span>
</td>
<td colspan="2" class="num">(89)<span></span>
</td>
<td colspan="2" class="num">(90)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budaccretionexpenseandinterestonpensions', window );">Accretion expense and interest on pensions</a></td>
<td class="num">(821)<span></span>
</td>
<td colspan="2" class="num">(811)<span></span>
</td>
<td colspan="2" class="num">(898)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss', window );">Net foreign exchange gains/(losses)</a></td>
<td class="num">(386)<span></span>
</td>
<td colspan="2" class="num">(147)<span></span>
</td>
<td colspan="2" class="num">(353)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budlossesonhedginginstruments', window );">Net gains/(losses) on hedging instruments</a></td>
<td class="num">(310)<span></span>
</td>
<td colspan="2" class="num">(312)<span></span>
</td>
<td colspan="2" class="num">(613)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullotherfinanceincome', window );">Other financial income</a></td>
<td class="nump">25<span></span>
</td>
<td colspan="2" class="nump">8<span></span>
</td>
<td colspan="2" class="nump">25<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullotherfinancecost', window );">Bank fees, taxes and other financial expense</a></td>
<td class="num">(221)<span></span>
</td>
<td colspan="2" class="num">(392)<span></span>
</td>
<td colspan="2" class="num">(231)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budotherfinancialresultincomeexpenses', window );">Other financial results</a></td>
<td class="num">(893)<span></span>
</td>
<td colspan="2" class="num">(843)<span></span>
</td>
<td colspan="2" class="num">(1,172)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budfinanceincomeexpensesexcludingexceptionalitems', window );">Net finance income/(expense) excluding exceptional items</a></td>
<td class="num">(4,280)<span></span>
</td>
<td colspan="2" class="num">(4,358)<span></span>
</td>
<td colspan="2" class="num">(5,033)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budexceptionalfinanceincomecosts', window );">Exceptional finance income/(expense)</a></td>
<td class="num">(185)<span></span>
</td>
<td colspan="2" class="num">(995)<span></span>
</td>
<td colspan="2" class="num">(69)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Ifrsfullfinanceincomecost', window );">Net finance income/(expense)</a></td>
<td class="num">$ (4,465)<span></span>
</td>
<td colspan="2" class="num">$ (5,353)<span></span>
</td>
<td colspan="2" class="num">$ (5,102)<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budaccretionexpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Accretion expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budaccretionexpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budaccretionexpenseandinterestonpensions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Accretion expense and interest on pensions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budaccretionexpenseandinterestonpensions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budexceptionalfinanceincomecosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional finance income costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budexceptionalfinanceincomecosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budfinanceincomeexpensesexcludingexceptionalitems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Finance income expenses excluding exceptional items.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budfinanceincomeexpensesexcludingexceptionalitems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budincomefrominterestonbraziliantaxcredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Income from interest on brazilian tax credits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budincomefrominterestonbraziliantaxcredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budinterestonpensions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Interest on pensions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budinterestonpensions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budlossesonhedginginstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Losses on hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budlossesonhedginginstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budotherfinancialresultincomeexpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other financial result income expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budotherfinancialresultincomeexpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfFinanceIncomeExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of finance income expense [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfFinanceIncomeExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullfinanceincomecost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullfinanceincomecost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullinterestexpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>NULL</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullinterestexpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullinterestrevenueexpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income or expense arising from interest. [Refer: Interest expense; Interest income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullinterestrevenueexpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullotherfinancecost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullotherfinancecost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullotherfinanceincome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of finance income that the entity does not separately disclose in the same statement or note. [Refer: Finance income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullotherfinanceincome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Ifrsfullrevenuefrominterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Ifrsfullrevenuefrominterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance Expense and Income - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinanceIncomeExpenseLineItems', window );"><strong>Disclosure of finance income expense [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest on lease liabilities</a></td>
<td class="nump">$ 144<span></span>
</td>
<td class="nump">$ 142<span></span>
</td>
<td class="nump">$ 156<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MarkToMarketGainLoss', window );">Mark to market gain (loss)</a></td>
<td class="num">(213)<span></span>
</td>
<td class="num">(1,211)<span></span>
</td>
<td class="num">(325)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBonds', window );">Interest expense on bonds</a></td>
<td class="nump">152<span></span>
</td>
<td class="nump">116<span></span>
</td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainLossOnRemeasurementOfDeferredConsiderations', window );">Gain (loss) on remeasurement of deferred considerations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredConsiderationOnAcquisitions', window );">Deferred consideration on acquisitions</a></td>
<td class="nump">29<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="nump">54<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables', window );">Accretion expense included the unwind of discount on payable</a></td>
<td class="nump">423<span></span>
</td>
<td class="nump">441<span></span>
</td>
<td class="nump">480<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ImpairmentLossesOnFinancialAssets', window );">Impairment loss on financial investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(66)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainLossForCompletionOfTenderOffersOfNotesIssued', window );">Gain (loss) for completion of tender offers</a></td>
<td class="nump">$ 28<span></span>
</td>
<td class="nump">$ 263<span></span>
</td>
<td class="nump">$ 239<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Accretion expense included the unwind of discount on payables.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AccretionExpenseIncludedUnwindOfDiscountOnPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredConsiderationOnAcquisitions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred consideration on acquisitions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredConsiderationOnAcquisitions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfFinanceIncomeExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of finance income expense [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfFinanceIncomeExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_GainLossForCompletionOfTenderOffersOfNotesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gain loss for completion of tender offers of notes issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GainLossForCompletionOfTenderOffersOfNotesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_GainLossOnRemeasurementOfDeferredConsiderations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gain loss on remeasurement of deferred considerations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GainLossOnRemeasurementOfDeferredConsiderations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ImpairmentLossesOnFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Impairment Losses on Financial Assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ImpairmentLossesOnFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_MarkToMarketGainLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Mark to market gain loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_MarkToMarketGainLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnBonds">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnBonds</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Finance Expense and Income - Summary of Interest Income (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinanceIncomeExpenseAbstract', window );"><strong>Disclosure of finance income expense [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnCashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">$ 463<span></span>
</td>
<td class="nump">$ 559<span></span>
</td>
<td class="nump">$ 537<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnDebtInstrumentsHeld', window );">Investments in debt securities held for trading</a></td>
<td class="nump">38<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnOtherFinancialAssets', window );">Other loans and receivables</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">9<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromInterest', window );">Total</a></td>
<td class="nump">$ 511<span></span>
</td>
<td class="nump">$ 591<span></span>
</td>
<td class="nump">$ 565<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfFinanceIncomeExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of finance income expense abstract.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfFinanceIncomeExpenseAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestIncomeOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestIncomeOnDebtInstrumentsHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnDebtInstrumentsHeld</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestIncomeOnOtherFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnOtherFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromInterest</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes - Summary of Income Taxes (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfIncomeTaxesLineItems', window );"><strong>Disclosure Of Income Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Current year</a></td>
<td class="num">$ (3,349)<span></span>
</td>
<td class="num">$ (3,252)<span></span>
</td>
<td class="num">$ (2,828)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod', window );">(Underprovided)/overprovided in prior years</a></td>
<td class="nump">78<span></span>
</td>
<td class="num">(211)<span></span>
</td>
<td class="num">(95)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods', window );">Current tax expense</a></td>
<td class="num">(3,271)<span></span>
</td>
<td class="num">(3,463)<span></span>
</td>
<td class="num">(2,923)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences', window );">Origination and reversal of temporary differences</a></td>
<td class="nump">614<span></span>
</td>
<td class="nump">482<span></span>
</td>
<td class="nump">855<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset', window );">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</a></td>
<td class="num">(193)<span></span>
</td>
<td class="num">(171)<span></span>
</td>
<td class="num">(166)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods', window );">Deferred tax (expense)/income</a></td>
<td class="nump">420<span></span>
</td>
<td class="nump">311<span></span>
</td>
<td class="nump">689<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Total tax expense</a></td>
<td class="num">$ (2,850)<span></span>
</td>
<td class="num">$ (3,152)<span></span>
</td>
<td class="num">$ (2,234)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred tax expense income and adjustment for deferred tax of prior periods.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods</td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfIncomeTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in income taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfIncomeTaxesLineItems</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 80<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_80_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 80<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 80<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_80&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 80<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_80_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 80<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_80_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 193<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_193_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes - Summary of Reconciliation of Effective Tax Rate with Aggregated Weighted Nominal Tax Rate (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfIncomeTaxesLineItems', window );"><strong>Disclosure Of Income Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossOfAcquiree', window );">Profit/(loss) before tax</a></td>
<td class="nump">$ 11,328<span></span>
</td>
<td class="nump">$ 10,568<span></span>
</td>
<td class="nump">$ 9,124<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Deduct share of results of associates</a></td>
<td class="nump">378<span></span>
</td>
<td class="nump">329<span></span>
</td>
<td class="nump">295<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeductExceptionalShareOfResultsOfAssociates', window );">Deduct exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="num">(35)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures', window );">Profit before tax and before share of results of associates</a></td>
<td class="nump">10,941<span></span>
</td>
<td class="nump">10,134<span></span>
</td>
<td class="nump">8,864<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxableBasisAbstract', window );"><strong>Adjustments to the tax basis</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives', window );">Government incentives</a></td>
<td class="num">(149)<span></span>
</td>
<td class="num">(376)<span></span>
</td>
<td class="num">(756)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates', window );">Non-deductible/(non-taxable) mark-to-market on derivatives</a></td>
<td class="nump">213<span></span>
</td>
<td class="nump">1,211<span></span>
</td>
<td class="nump">325<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes', window );">Other expenses not deductible for tax purposes</a></td>
<td class="nump">1,263<span></span>
</td>
<td class="nump">1,666<span></span>
</td>
<td class="nump">1,521<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome', window );">Other non-taxable income</a></td>
<td class="num">(733)<span></span>
</td>
<td class="num">(560)<span></span>
</td>
<td class="num">(647)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GrossAdjustmentsOnTaxableBasis', window );">Adjusted tax basis</a></td>
<td class="nump">$ 11,534<span></span>
</td>
<td class="nump">$ 12,074<span></span>
</td>
<td class="nump">$ 9,306<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AggregatedWeightedNominalTaxRate', window );">Aggregate weighted nominal tax rate</a></td>
<td class="nump">26.90%<span></span>
</td>
<td class="nump">26.40%<span></span>
</td>
<td class="nump">27.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxAmountAtAggregatedWeightedNominalTaxRate', window );">Tax at aggregated nominal tax rate</a></td>
<td class="num">$ (3,098)<span></span>
</td>
<td class="num">$ (3,183)<span></span>
</td>
<td class="num">$ (2,558)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsOnTaxExpenseAbstract', window );"><strong>Adjustments on tax expense</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses', window );">Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)</a></td>
<td class="num">(193)<span></span>
</td>
<td class="num">(171)<span></span>
</td>
<td class="num">(166)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxEffectOfPriorYearAdjustments', window );">(Underprovided)/overprovided in prior years</a></td>
<td class="nump">78<span></span>
</td>
<td class="num">(211)<span></span>
</td>
<td class="num">(95)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxEffectOfDeductionsFromInterestOnEquity', window );">Deductions from interest on equity</a></td>
<td class="nump">252<span></span>
</td>
<td class="nump">240<span></span>
</td>
<td class="nump">781<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeductionsFromGoodwillAndOtherTaxDeductions', window );">Deductions from goodwill and other tax deductions</a></td>
<td class="nump">642<span></span>
</td>
<td class="nump">723<span></span>
</td>
<td class="nump">466<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxEffectFromChangeInTaxRate', window );">Change in tax rate</a></td>
<td class="nump">28<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxEffectOfWithholdingTaxes', window );">Withholding taxes</a></td>
<td class="num">(509)<span></span>
</td>
<td class="num">(497)<span></span>
</td>
<td class="num">(559)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Other tax adjustments</a></td>
<td class="num">(49)<span></span>
</td>
<td class="num">(62)<span></span>
</td>
<td class="num">(105)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Total tax expense</a></td>
<td class="num">$ (2,850)<span></span>
</td>
<td class="num">$ (3,152)<span></span>
</td>
<td class="num">$ (2,234)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageEffectiveTaxRate', window );">Effective tax rate</a></td>
<td class="nump">26.10%<span></span>
</td>
<td class="nump">31.10%<span></span>
</td>
<td class="nump">25.20%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on tax expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxExpenseAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxableBasisAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on taxable basis.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxableBasisAbstract</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on taxable basis of expenses not deductible for tax purposes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxableBasisOfExpensesNotDeductibleForTaxPurposes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on taxable basis of government incentives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxableBasisOfGovernmentIncentives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on taxable basis of non deductible marked to market on derivates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxableBasisOfNonDeductibleMarkedToMarketOnDerivates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments on taxable basis of other non taxable income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsOnTaxableBasisOfOtherNonTaxableIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AggregatedWeightedNominalTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Aggregated weighted nominal tax rate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AggregatedWeightedNominalTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeductExceptionalShareOfResultsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deduct exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeductExceptionalShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeductionsFromGoodwillAndOtherTaxDeductions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deductions from goodwill and other tax deductions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeductionsFromGoodwillAndOtherTaxDeductions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfIncomeTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in income taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfIncomeTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_GrossAdjustmentsOnTaxableBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gross adjustments on taxable basis</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GrossAdjustmentsOnTaxableBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit (loss) before tax and before share of result of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitLossBeforeTaxAndBeforeShareOfResultOfAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxAmountAtAggregatedWeightedNominalTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax amount at aggregated weighted nominal tax rate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxAmountAtAggregatedWeightedNominalTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxEffectOfDeductionsFromInterestOnEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax effect of deductions from interest on equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxEffectOfDeductionsFromInterestOnEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxEffectOfPriorYearAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax effect of prior year adjustments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxEffectOfPriorYearAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax effect of recognition of deferred taxes assets on previous years tax losses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxEffectOfRecognitionOfDeferredTaxesAssetsOnPreviousYearsTaxLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxEffectOfWithholdingTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax effect of withholding taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxEffectOfWithholdingTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageEffectiveTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The tax expense (income) divided by the accounting profit. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageEffectiveTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that the entity does not separately disclose in the same statement or note. [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossOfAcquiree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) of the acquiree, since the acquisition date, included in the consolidated statement of comprehensive income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B64<br> -Subparagraph q<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B64_q_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossOfAcquiree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxEffectFromChangeInTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to changes in the tax rate. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectFromChangeInTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes - Summary of Detail Information of Income Tax Recognized in Other Comprehensive Income (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract', window );"><strong>Major components of tax expense (income) [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome', window );">Re-measurements of post-employment benefits</a></td>
<td class="num">$ (22)<span></span>
</td>
<td class="num">$ (48)<span></span>
</td>
<td class="num">$ (13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges', window );">Exchange differences, cash flow and net investment hedges</a></td>
<td class="num">(16)<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="num">(41)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome', window );">Income tax (losses)/gains</a></td>
<td class="num">$ (38)<span></span>
</td>
<td class="num">$ (38)<span></span>
</td>
<td class="num">$ (54)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other comprehensive income cash flow and net investment hedges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherComprehensiveIncomeCashFlowAndNetInvestmentHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<td>na</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to remeasurements of defined benefit plans. [Refer: Other comprehensive income; Reserve of remeasurements of defined benefit plans; Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes - Additional Information (Detail)<br> $ in Millions, R in Billions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>ZAR (R)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfIncomeTaxesLineItems', window );"><strong>Disclosure Of Income Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="num">$ (2,850)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (3,152)<span></span>
</td>
<td class="num">$ (2,234)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInEffectiveTaxRate', window );">Effective tax rate</a></td>
<td class="nump">26.10%<span></span>
</td>
<td class="nump">26.10%<span></span>
</td>
<td class="nump">31.10%<span></span>
</td>
<td class="nump">25.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Exceptionaltaxincome', window );">Exceptional Tax Income</a></td>
<td class="nump">$ 156<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalTaxExpenses', window );">Exceptional tax expenses</a></td>
<td class="num">(205)<span></span>
</td>
<td class="nump">R 4.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_BrazilianfederaltaxmattarsMember', window );">Brazilian Federal Tax Mattars [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfIncomeTaxesLineItems', window );"><strong>Disclosure Of Income Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Exceptionaltaxincome', window );">Exceptional Tax Income</a></td>
<td class="nump">66<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember', window );">South Africa Tax Matters [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfIncomeTaxesLineItems', window );"><strong>Disclosure Of Income Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalTaxExpenses', window );">Exceptional tax expenses</a></td>
<td class="num">$ (240)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in income taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional tax expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional tax income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in effective tax rate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_BrazilianfederaltaxmattarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_BrazilianfederaltaxmattarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_SouthAfricaTaxMattersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Property, Plant and Equipment -Summary of Property, Plant and Equipment owned and Leased assets (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property plant and equipment</a></td>
<td class="nump">$ 23,664<span></span>
</td>
<td class="nump">$ 23,503<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember', window );">Property, plant and equipment owned [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property plant and equipment</a></td>
<td class="nump">21,368<span></span>
</td>
<td class="nump">21,295<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentLeasedMember', window );">Property, plant and equipment leased (right-of-use assets) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property plant and equipment</a></td>
<td class="nump">$ 2,297<span></span>
</td>
<td class="nump">$ 2,209<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Note that right-of-use assets are not included. [Contrast: Property, plant and equipment including right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentLeasedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentLeasedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Property, Plant and Equipment - Detailed Information About Property, Plant and Equipment (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 23,503<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,664<span></span>
</td>
<td class="nump">$ 23,503<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,664<span></span>
</td>
<td class="nump">23,503<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_AcquisitionCostMember', window );">Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">51,547<span></span>
</td>
<td class="nump">54,522<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,669<span></span>
</td>
<td class="num">(4,424)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,744<span></span>
</td>
<td class="nump">2,989<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions through business combinations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,644)<span></span>
</td>
<td class="num">(2,271)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(27)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,698<span></span>
</td>
<td class="nump">724<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,987<span></span>
</td>
<td class="nump">51,547<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,987<span></span>
</td>
<td class="nump">51,547<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Depreciation and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(30,252)<span></span>
</td>
<td class="num">(30,430)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,082)<span></span>
</td>
<td class="nump">2,367<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,329)<span></span>
</td>
<td class="num">(3,518)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,572<span></span>
</td>
<td class="nump">2,121<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(456)<span></span>
</td>
<td class="num">(247)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,090)<span></span>
</td>
<td class="num">(550)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(35,619)<span></span>
</td>
<td class="num">(30,252)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(35,619)<span></span>
</td>
<td class="num">(30,252)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember', window );">Land and buildings [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,307<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,486<span></span>
</td>
<td class="nump">7,307<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,486<span></span>
</td>
<td class="nump">7,307<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember', window );">Land and buildings [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,325<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">808<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(258)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">331<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,229<span></span>
</td>
<td class="nump">12,325<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,229<span></span>
</td>
<td class="nump">12,325<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember', window );">Land and buildings [member] | Depreciation and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,018)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(317)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(385)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">243<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(66)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(204)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,743)<span></span>
</td>
<td class="num">(5,018)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,743)<span></span>
</td>
<td class="num">(5,018)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PlantAndEquipmentFixturesAndFittingsMember', window );">Plant and equipment fixtures and fittings [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,821<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,871<span></span>
</td>
<td class="nump">12,821<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,871<span></span>
</td>
<td class="nump">12,821<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PlantAndEquipmentFixturesAndFittingsMember', window );">Plant and equipment fixtures and fittings [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,056<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,764<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">878<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,385)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,452<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,747<span></span>
</td>
<td class="nump">38,056<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,747<span></span>
</td>
<td class="nump">38,056<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PlantAndEquipmentFixturesAndFittingsMember', window );">Plant and equipment fixtures and fittings [member] | Depreciation and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25,235)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,765)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,944)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,329<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment', window );">Disposals through the sale of subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(390)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,886)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29,876)<span></span>
</td>
<td class="num">(25,235)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29,876)<span></span>
</td>
<td class="num">(25,235)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Under construction [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,166<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,011<span></span>
</td>
<td class="nump">1,166<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,011<span></span>
</td>
<td class="nump">1,166<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Under construction [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,166<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">97<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,833<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment', window );">Disposals&#160;through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,085)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,011<span></span>
</td>
<td class="nump">1,166<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,011<span></span>
</td>
<td class="nump">1,166<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember', window );">Property Plant And Equipment Owned [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,368<span></span>
</td>
<td class="nump">21,295<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 21,368<span></span>
</td>
<td class="nump">$ 21,295<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The transfer (to)/from other asset categories and other movements relates mainly to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 Financial reporting in hyperinflationary economies.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in property, plant and equipment resulting from acquisitions through business combinations. [Refer: Total for all business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Total for all business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from the loss of control of a subsidiary. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughLossOfControlOfSubsidiaryPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 75<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_75_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationPropertyPlantAndEquipment</td>
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<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from disposals and retirements. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsAndRetirementsPropertyPlantAndEquipment</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 98<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_98_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers and changes that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Note that right-of-use assets are not included. [Contrast: Property, plant and equipment including right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 200<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_200_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_AcquisitionCostMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<tr>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PlantAndEquipmentFixturesAndFittingsMember</td>
</tr>
<tr>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_PropertyPlantAndEquipmentOwnedMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, Plant and Equipment - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">$ 171<span></span>
</td>
<td class="nump">$ 257<span></span>
</td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CapitalExpendituresPropertyPlantAndEquipment', window );">AB InBev's net capital expenditures in the statement of cash flow</a></td>
<td class="nump">$ 3,552<span></span>
</td>
<td class="nump">3,735<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OperatingLeaseContractMaturityTerm', window );">Lease agreement term</a></td>
<td class="text">27 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Additions to right of use assets</a></td>
<td class="nump">$ 588<span></span>
</td>
<td class="nump">546<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeFromSubleasingRightofuseAssets', window );">Income from subleasing right-of-use assets</a></td>
<td class="nump">128<span></span>
</td>
<td class="nump">124<span></span>
</td>
<td class="nump">$ 120<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AssetsToWhichSignificantRestrictionsApply', window );">Assets to which significant restrictions apply</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Undiscounted operating lease payments to be received</a></td>
<td class="nump">$ 117<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember', window );">Later than two years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Undiscounted operating lease payments to be received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 329<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived', window );">Undiscounted operating lease payments to be received</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 68<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Dutch and Belgian pub real estate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SubleaseExpirationPeriod', window );">Sublease average outstanding period (in years)</a></td>
<td class="text">6 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Dutch and Belgian pub real estate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SubleaseExpirationPeriod', window );">Sublease average outstanding period (in years)</a></td>
<td class="text">8 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember', window );">Property, plant and equipment not subject to operating leases [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OperatingLeaseInitialPeriod', window );">Operating lease initial period (in years)</a></td>
<td class="text">five years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember', window );">Property, plant and equipment not subject to operating leases [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OperatingLeaseInitialPeriod', window );">Operating lease initial period (in years)</a></td>
<td class="text">ten years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionFacilitiesMember', window );">Production facilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfImproveTheProductionFacilities', window );">Percentage of improve the production facilities</a></td>
<td class="nump">26.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_LogisticsAndCommercialInvestmentsMember', window );">Logistics and commercial investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfImproveTheProductionFacilities', window );">Percentage of improve the production facilities</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember', window );">Administrative capabilities and purchase of hardware and software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware', window );">Percentage of improving administrative capabilities and for the purchase of hardware and software</a></td>
<td class="nump">24.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CapitalExpendituresPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Capital expenditures property plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CapitalExpendituresPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OperatingLeaseContractMaturityTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Operating Lease Contract Maturity Term.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OperatingLeaseContractMaturityTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OperatingLeaseInitialPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Operating lease initial period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OperatingLeaseInitialPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfImproveTheProductionFacilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of improve the production facilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfImproveTheProductionFacilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of improving administrative capabilities and for the purchase of hardware and software.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SubleaseExpirationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Sublease expiration period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SubleaseExpirationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsToRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to right-of-use assets. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsToRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsToWhichSignificantRestrictionsApply">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount in the consolidated financial statements of the assets of the group to which significant restrictions (for example, statutory, contractual and regulatory restrictions) apply on the entity's ability to access or use the assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 13<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsToWhichSignificantRestrictionsApply</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual commitments for the acquisition of property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 74<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_74_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeFromSubleasingRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income from subleasing right-of-use assets. Sublease is a transaction for which an underlying asset is re-leased by a lessee (&#8216;intermediate lessor&#8217;) to a third party, and the lease (&#8216;head lease&#8217;) between the head lessor and lessee remains in effect. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeFromSubleasingRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of undiscounted operating lease payments to be received. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 97<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_97&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 124<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_124&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 124<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_124&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UndiscountedOperatingLeasePaymentsToBeReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis=bud_DutchAndBelgianPubRealEstateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ArrangementsInvolvingAboutLegalFormOfLeaseAxis=bud_DutchAndBelgianPubRealEstateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionFacilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_ProductionFacilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_LogisticsAndCommercialInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_LogisticsAndCommercialInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>106
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, Plant and Equipment - Summary of Property, Plant and Equipment Leased (right- of- use assets) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net carrying amount</a></td>
<td class="nump">$ 2,298<span></span>
</td>
<td class="nump">$ 2,209<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Right-of-use assets, depreciation for the period</a></td>
<td class="num">(742)<span></span>
</td>
<td class="num">(782)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember', window );">Land and buildings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net carrying amount</a></td>
<td class="nump">1,505<span></span>
</td>
<td class="nump">1,443<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Right-of-use assets, depreciation for the period</a></td>
<td class="num">(425)<span></span>
</td>
<td class="num">(433)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_MachineryEquipmentAndOtherMember', window );">Machinery, equipment and other [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right-of-use assets, net carrying amount</a></td>
<td class="nump">795<span></span>
</td>
<td class="nump">766<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Right-of-use assets, depreciation for the period</a></td>
<td class="num">$ (318)<span></span>
</td>
<td class="num">$ (349)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term that do not meet the definition of investment property. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 115<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_115_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_MachineryEquipmentAndOtherMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=bud_MachineryEquipmentAndOtherMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Goodwill - Reconciliation of Goodwill (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 110,479<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">117,908<span></span>
</td>
<td class="nump">$ 110,479<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">117,908<span></span>
</td>
<td class="nump">110,479<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">112,637<span></span>
</td>
<td class="nump">119,302<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,634<span></span>
</td>
<td class="num">(7,082)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill', window );">Transfers (to)/from other assets categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(164)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HyperinflationMonetaryAdjustments', window );">Hyperinflation monetary adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">169<span></span>
</td>
<td class="nump">425<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">120,276<span></span>
</td>
<td class="nump">112,637<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">120,276<span></span>
</td>
<td class="nump">112,637<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,158)<span></span>
</td>
<td class="num">(2,259)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(209)<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,368)<span></span>
</td>
<td class="num">(2,158)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Carrying amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (2,368)<span></span>
</td>
<td class="num">$ (2,158)<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Hyperinflation monetary adjustments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B67_d_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets and goodwill resulting from transfers and changes that the entity does not separately disclose in the same statement or note. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Goodwill - Additional Information (Detail)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2025</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="nump">1.00%<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections', window );">Growth rate used to extrapolate cash flow projections</a></td>
<td class="nump">2.00%<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections', window );">Growth rate used to extrapolate cash flow projections</a></td>
<td class="nump">3.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfGoodwillToTotalAssets', window );">Percentage of goodwill to total assets</a></td>
<td class="nump">54.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of goodwill to total assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfGoodwillToTotalAssets</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The growth rate used to extrapolate cash flow projections beyond the period covered by the most recent budgets/forecasts for a cash-generating unit (group of units). [Refer: Total for all cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 134<br> -Subparagraph d<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_134_d_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 134<br> -Subparagraph e<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_134_e_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of a reasonably possible increase in an unobservable input used in fair value measurement of assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph h<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_h_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Goodwill - Summary of Carrying Amount of Goodwill Allocated to Different Cash-generating Units (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
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<td class="nump">$ 117,908<span></span>
</td>
<td class="nump">$ 110,479<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">33,330<span></span>
</td>
<td class="nump">33,387<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_OtherNorthAmericaCountriesMember', window );">Rest of North America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">1,959<span></span>
</td>
<td class="nump">1,864<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">13,819<span></span>
</td>
<td class="nump">12,250<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CO', window );">Colombia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">16,277<span></span>
</td>
<td class="nump">13,821<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_MiddleAmericasCountriesMember', window );">Rest of Middle Americas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">24,465<span></span>
</td>
<td class="nump">23,205<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">3,323<span></span>
</td>
<td class="nump">2,953<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_OtherSouthAmericaCountriesMember', window );">Rest of South America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">1,323<span></span>
</td>
<td class="nump">1,345<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember', window );">Europe [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">2,859<span></span>
</td>
<td class="nump">2,557<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZA', window );">South Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">9,796<span></span>
</td>
<td class="nump">8,584<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_OtherAfricanCountriesMember', window );">Rest of Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">4,626<span></span>
</td>
<td class="nump">4,547<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">3,073<span></span>
</td>
<td class="nump">2,948<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember', window );">Rest of Asia Pacific [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">3,057<span></span>
</td>
<td class="nump">2,998<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_OtherCountriesMember', window );">Global Export and Holding Companies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems', window );"><strong>Disclosure Of Carrying Amount Of Goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfCarryingAmountOfGoodwillLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of carrying amount of goodwill.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfCarryingAmountOfGoodwillLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 254<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_254_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 255<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_255_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherNorthAmericaCountriesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_MX">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MX</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CO</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_MiddleAmericasCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_MiddleAmericasCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherSouthAmericaCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherSouthAmericaCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_EuropeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_ZA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ZA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherAfricanCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherAfricanCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R99.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Goodwill - Summary of Weighted Average Cost of Capital (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CO', window );">Colombia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZA', window );">South Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">11.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember', window );">Rest of Asia Pacific [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">8.00%<span></span>
</td>
<td class="nump">8.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems', window );"><strong>Disclosure of reconciliation of changes in goodwill [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average cost of capital of significant unobservable inputs assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CO</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_ZA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ZA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Summary of Intangible Assets (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 40,034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">41,985<span></span>
</td>
<td class="nump">$ 40,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Amortization and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,818)<span></span>
</td>
<td class="num">(4,794)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(432)<span></span>
</td>
<td class="nump">470<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(974)<span></span>
</td>
<td class="num">(845)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">779<span></span>
</td>
<td class="nump">471<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(103)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,462)<span></span>
</td>
<td class="num">(4,818)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MeasurementAxis=ifrs-full_AtCostMember', window );">Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">44,852<span></span>
</td>
<td class="nump">46,080<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,242<span></span>
</td>
<td class="num">(2,065)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions through business combinations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions and expenditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,217<span></span>
</td>
<td class="nump">1,069<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(794)<span></span>
</td>
<td class="num">(473)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(83)<span></span>
</td>
<td class="nump">240<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47,447<span></span>
</td>
<td class="nump">44,852<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Brands [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36,948<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,478<span></span>
</td>
<td class="nump">36,948<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Brands [member] | Amortization and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(91)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(91)<span></span>
</td>
<td class="num">(91)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Brands [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">37,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,591<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions through business combinations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions and expenditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(19)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(67)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,569<span></span>
</td>
<td class="nump">37,040<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_CommercialIntangibleAssetsMember', window );">Commercial intangibles [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">919<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,263<span></span>
</td>
<td class="nump">919<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_CommercialIntangibleAssetsMember', window );">Commercial intangibles [member] | Amortization and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,362)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(96)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(250)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">367<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,332)<span></span>
</td>
<td class="num">(1,362)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_CommercialIntangibleAssetsMember', window );">Commercial intangibles [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,281<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">129<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions and expenditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">563<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(367)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(11)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,595<span></span>
</td>
<td class="nump">2,281<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Software [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,155<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,219<span></span>
</td>
<td class="nump">2,155<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Software [member] | Amortization and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,283)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(317)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(701)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">393<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(44)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,960)<span></span>
</td>
<td class="num">(3,283)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Software [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,438<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions and expenditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">641<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(395)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,179<span></span>
</td>
<td class="nump">5,438<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member] | Amortization and impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(81)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(23)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill', window );">Impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">34<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(79)<span></span>
</td>
<td class="num">(81)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member] | Acquisition cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of previous year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">93<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effect of movements in foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Acquisitions and expenditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill', window );">Disposals through sale and derecognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill', window );">Transfer (to)/from other asset categories and other movements</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Balance at end of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 104<span></span>
</td>
<td class="nump">$ 93<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to the separate presentation in the statement of financial position of intangible assets held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 Financial reporting in hyperinflationary economies.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in intangible assets other than goodwill resulting from acquisitions through business combinations. [Refer: Total for all business combinations [member]; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to intangible assets other than goodwill, other than those acquired through business combinations. [Refer: Total for all business combinations [member]; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets other than goodwill resulting from disposals and retirements. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets other than goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets other than goodwill resulting from transfers and changes that the entity does not separately disclose in the same statement or note. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
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<td>xbrli:monetaryItemType</td>
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<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MeasurementAxis=ifrs-full_AtCostMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=bud_CommercialIntangibleAssetsMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_ComputerSoftwareMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember</td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible Assets - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Carrying amount of intangible assets</a></td>
<td class="nump">$ 41,985<span></span>
</td>
<td class="nump">$ 40,034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DetailsAxis=bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember', window );">Intangible Assets Research And Development Expenses Expensed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ResearchAndDevelopmentExpense', window );">Intangible assets expensed research and development</a></td>
<td class="nump">194<span></span>
</td>
<td class="nump">222<span></span>
</td>
<td class="nump">$ 256<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain', window );">Intangible Assets With Indefinite Useful Life [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Carrying amount of intangible assets</a></td>
<td class="nump">38,478<span></span>
</td>
<td class="nump">36,948<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_IntangibleAssetsWithFiniteUsefulLifeMember', window );">Intangible Assets With Finite Useful Life [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Carrying amount of intangible assets</a></td>
<td class="nump">$ 3,507<span></span>
</td>
<td class="nump">$ 3,086<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ResearchAndDevelopmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 126<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_126&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 266<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_266&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 266<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_266&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ResearchAndDevelopmentExpense</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DetailsAxis=bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DetailsAxis=bud_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeDomain</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_IntangibleAssetsWithFiniteUsefulLifeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Intangible Assets - Summary of Carrying Amount of Intangible Assets with Indefinite Useful Lives (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">$ 41,985<span></span>
</td>
<td class="nump">$ 40,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">38,478<span></span>
</td>
<td class="nump">36,948<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">21,866<span></span>
</td>
<td class="nump">21,872<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Rest of North America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">39<span></span>
</td>
<td class="nump">37<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Mexico [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">3,410<span></span>
</td>
<td class="nump">3,027<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Colombia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">3,045<span></span>
</td>
<td class="nump">2,586<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Rest of Middle Americas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">3,798<span></span>
</td>
<td class="nump">3,535<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Rest of South America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">797<span></span>
</td>
<td class="nump">806<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Europe [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">399<span></span>
</td>
<td class="nump">370<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | South Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">2,900<span></span>
</td>
<td class="nump">2,558<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Rest of Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">901<span></span>
</td>
<td class="nump">861<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | China [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">399<span></span>
</td>
<td class="nump">383<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember', window );">Intangible assets with indefinite useful lives [member] | Rest of Asia Pacific [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems', window );"><strong>Disclosure of intangible assets with indefinite useful life [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">$ 923<span></span>
</td>
<td class="nump">$ 913<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2025-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 263<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_263_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=bud_IntangibleAssetsWithInfiniteUsefulLifeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherNorthAmericaCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherNorthAmericaCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_MX">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MX</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CO</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_MiddleAmericasCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_MiddleAmericasCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherSouthAmericaCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherSouthAmericaCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_EuropeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_ZA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ZA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_OtherAfricanCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_OtherAfricanCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_AsiaPacificCountresMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in Associates - Summarized Financial Information to Carrying Amount of Company's Interests in Material Associates (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Beginning balance</a></td>
<td class="nump">$ 4,612<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Ending balance</a></td>
<td class="nump">5,002<span></span>
</td>
<td class="nump">$ 4,612<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_CastelMember', window );">Castel [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Beginning balance</a></td>
<td class="nump">3,125<span></span>
</td>
<td class="nump">3,482<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectOfMovementsInForeignExchange', window );">Effect of movements in foreign exchange</a></td>
<td class="nump">375<span></span>
</td>
<td class="num">(303)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="num">(77)<span></span>
</td>
<td class="num">(158)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ShareOfResultsOfAssociates', window );">Share of results of associates</a></td>
<td class="nump">140<span></span>
</td>
<td class="nump">104<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Ending balance</a></td>
<td class="nump">3,563<span></span>
</td>
<td class="nump">3,125<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_EfesMember', window );">Anadolu Efes [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Beginning balance</a></td>
<td class="nump">214<span></span>
</td>
<td class="nump">164<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectOfMovementsInForeignExchange', window );">Effect of movements in foreign exchange</a></td>
<td class="num">(211)<span></span>
</td>
<td class="num">(128)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ShareOfResultsOfAssociates', window );">Share of results of associates</a></td>
<td class="nump">53<span></span>
</td>
<td class="nump">84<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Ending balance</a></td>
<td class="nump">$ 60<span></span>
</td>
<td class="nump">$ 214<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EffectOfMovementsInForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Effect of movements in foreign exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EffectOfMovementsInForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investments in associates adjustment towards exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentsInAssociatesAdjustmentTowardsExceptionalShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ShareOfResultsOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends received.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates in an entity's separate financial statements. [Refer: Total for all associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_CastelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_CastelMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_EfesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_EfesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in Associates - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2024</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
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<td class="fn" style="border-bottom: 0px;"></td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Investment in associates</a></td>
<td class="nump">$ 5,002<span></span>
</td>
<td class="nump">$ 4,612<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposal (including impairment losses)</a></td>
<td class="num">(274)<span></span>
</td>
<td class="nump">181<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">$ (397)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalShareOfResultsOfAssociates', window );">Exceptional share of results of associates</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(35)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=bud_GhostBeveragesLlcMember', window );">Ghost Beverages LLC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal', window );">Business and asset disposal (including impairment losses)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">437<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember', window );">Aggregated individually immaterial associates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Investment in associates</a></td>
<td class="nump">$ 185<span></span>
</td>
<td class="nump">$ 141<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 126<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalGainLossOnBusinessAndAssetDisposal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional gain loss on business and asset disposal.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalGainLossOnBusinessAndAssetDisposal</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional share of results of associates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalShareOfResultsOfAssociates</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates in an entity's separate financial statements. [Refer: Total for all associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociates</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
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<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=bud_GhostBeveragesLlcMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investments in Associates - Summarized Financial Information of the Company's Material Associates (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jan. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSummarizedFinancialInformationLineItems', window );"><strong>Disclosure of summarized financial information [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 24,769<span></span>
</td>
<td class="nump">$ 22,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">194,039<span></span>
</td>
<td class="nump">183,637<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(34,475)<span></span>
</td>
<td class="num">(33,066)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(86,596)<span></span>
</td>
<td class="num">(84,871)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,449<span></span>
</td>
<td class="nump">10,463<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59,320<span></span>
</td>
<td class="nump">59,768<span></span>
</td>
<td class="nump">$ 59,380<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="nump">6,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,726<span></span>
</td>
<td class="num">(8,812)<span></span>
</td>
<td class="nump">3,876<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,396)<span></span>
</td>
<td class="nump">15,203<span></span>
</td>
<td class="num">(1,396)<span></span>
</td>
<td class="nump">$ 10,767<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_CastelMember', window );">Castel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSummarizedFinancialInformationLineItems', window );"><strong>Disclosure of summarized financial information [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,793<span></span>
</td>
<td class="nump">3,411<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,983<span></span>
</td>
<td class="nump">4,520<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,187)<span></span>
</td>
<td class="num">(1,997)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(700)<span></span>
</td>
<td class="num">(586)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(699)<span></span>
</td>
<td class="num">(561)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,190<span></span>
</td>
<td class="nump">4,788<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,637<span></span>
</td>
<td class="nump">5,329<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">724<span></span>
</td>
<td class="nump">654<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(166)<span></span>
</td>
<td class="num">(206)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">557<span></span>
</td>
<td class="nump">448<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_EfesMember', window );">Anadolu Efes [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSummarizedFinancialInformationLineItems', window );"><strong>Disclosure of summarized financial information [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,820<span></span>
</td>
<td class="nump">3,542<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,779<span></span>
</td>
<td class="nump">6,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,688)<span></span>
</td>
<td class="num">(2,985)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,962)<span></span>
</td>
<td class="num">(2,066)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,592)<span></span>
</td>
<td class="num">(2,424)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,357<span></span>
</td>
<td class="nump">2,428<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,596<span></span>
</td>
<td class="nump">6,421<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">476<span></span>
</td>
<td class="nump">1,214<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(717)<span></span>
</td>
<td class="num">(1,853)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (241)<span></span>
</td>
<td class="num">$ (638)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The net assets are converted at the respective closing rates of December.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfSummarizedFinancialInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents disclosure of summarized financial information.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfSummarizedFinancialInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetAssetsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets less the amount of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph IG63<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_IG63&amp;doctype=Implementation%20Guidance<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetAssetsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2025-01-01<br> -Paragraph 22<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations, unless line item indicates otherwise [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_CastelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_CastelMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_EfesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_EfesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Deferred Tax Assets and Liabilities - Summary of Deferred Tax Assets and Liabilities by Type of Temporary Difference (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">$ 2,708<span></span>
</td>
<td class="nump">$ 2,493<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(11,400)<span></span>
</td>
<td class="num">(11,321)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">(8,692)<span></span>
</td>
<td class="num">(8,828)<span></span>
</td>
<td class="num">$ (8,939)<span></span>
</td>
<td class="num">$ (9,518)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetDeferredTaxEntityAssets', window );">Netting by taxable entity - Assets</a></td>
<td class="num">(2,124)<span></span>
</td>
<td class="num">(2,007)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetDeferredTaxEntityLiability', window );">Netting by taxable entity - Liabilities</a></td>
<td class="nump">2,124<span></span>
</td>
<td class="nump">2,007<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxAssets', window );">Net deferred tax assets/(liabilities), Assets</a></td>
<td class="nump">2,708<span></span>
</td>
<td class="nump">2,493<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxLiabilities', window );">Net deferred tax assets/(liabilities), Liabilities</a></td>
<td class="num">(11,400)<span></span>
</td>
<td class="num">(11,321)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetDeferredTaxAssetsLiabilities', window );">Net deferred tax assets/(liabilities), Net</a></td>
<td class="num">(8,692)<span></span>
</td>
<td class="num">(8,828)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_PropertyPlantAndEquipmentMember', window );">Property, Plant and Equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">315<span></span>
</td>
<td class="nump">261<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(1,844)<span></span>
</td>
<td class="num">(2,026)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">(1,529)<span></span>
</td>
<td class="num">(1,766)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_IntangiblesMember', window );">Intangible assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">186<span></span>
</td>
<td class="nump">139<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(9,772)<span></span>
</td>
<td class="num">(9,296)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">(9,585)<span></span>
</td>
<td class="num">(9,157)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InventoryMember', window );">Inventory [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">98<span></span>
</td>
<td class="nump">79<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(75)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">23<span></span>
</td>
<td class="num">(9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TradesAndOtherReceivablesMember', window );">Trades and other receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">24<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">24<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InterestBearingLoansAndBorrowingsMember', window );">Interest bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">942<span></span>
</td>
<td class="nump">868<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(346)<span></span>
</td>
<td class="num">(406)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">596<span></span>
</td>
<td class="nump">462<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_EmployeeBenefitsMember', window );">Employee benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">351<span></span>
</td>
<td class="nump">365<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(56)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">296<span></span>
</td>
<td class="nump">345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ProvisionsMember', window );">Provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">687<span></span>
</td>
<td class="nump">608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(29)<span></span>
</td>
<td class="num">(39)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">659<span></span>
</td>
<td class="nump">569<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_DerivativesMember', window );">Derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">49<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(99)<span></span>
</td>
<td class="num">(101)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">(50)<span></span>
</td>
<td class="num">(90)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_OtherItemsMember', window );">Other items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">537<span></span>
</td>
<td class="nump">539<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(1,303)<span></span>
</td>
<td class="num">(1,352)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">(767)<span></span>
</td>
<td class="num">(813)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_LossCarryForwardsMember', window );">Loss carry forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">1,658<span></span>
</td>
<td class="nump">1,606<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="nump">1,658<span></span>
</td>
<td class="nump">1,606<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_DeferredIncomeTaxAssetsLiabilitiesMember', window );">Gross deferred tax assets/(liabilities) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Assets</a></td>
<td class="nump">4,832<span></span>
</td>
<td class="nump">4,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Liabilities</a></td>
<td class="num">(13,524)<span></span>
</td>
<td class="num">(13,327)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net</a></td>
<td class="num">$ (8,692)<span></span>
</td>
<td class="num">$ (8,828)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDeferredTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Deferred Taxes [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDeferredTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetDeferredTaxAssetsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net deferred tax assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetDeferredTaxAssetsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetDeferredTaxEntityAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net deferred tax entity assets</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetDeferredTaxEntityAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetDeferredTaxEntityLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net deferred tax entity liability.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetDeferredTaxEntityLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 56<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 56<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities net of deferred tax assets, when the absolute amount of deferred tax liabilities is greater than the absolute amount of deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_PropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_PropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_IntangiblesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_IntangiblesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InventoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InventoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TradesAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TradesAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InterestBearingLoansAndBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_InterestBearingLoansAndBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_EmployeeBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_EmployeeBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_DerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_OtherItemsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_OtherItemsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_LossCarryForwardsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_LossCarryForwardsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_DeferredIncomeTaxAssetsLiabilitiesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>118
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred Tax Assets and Liabilities - Summary of Change in Net Deferred Tax Assets and Liabilities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDeferredTaxesLineItems', window );"><strong>Disclosure Of Deferred Taxes [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Beginning balance</a></td>
<td class="num">$ (8,828)<span></span>
</td>
<td class="num">$ (8,939)<span></span>
</td>
<td class="num">$ (9,518)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Recognized in profit or loss</a></td>
<td class="nump">420<span></span>
</td>
<td class="nump">311<span></span>
</td>
<td class="nump">689<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome', window );">Recognized in other comprehensive income</a></td>
<td class="num">(37)<span></span>
</td>
<td class="num">(38)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset', window );">Other movements and effect of changes in foreign exchange rates</a></td>
<td class="num">(247)<span></span>
</td>
<td class="num">(161)<span></span>
</td>
<td class="num">(56)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Ending balance</a></td>
<td class="num">$ (8,692)<span></span>
</td>
<td class="num">$ (8,828)<span></span>
</td>
<td class="num">$ (8,939)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredTaxesRecognizedInOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred taxes recognized in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredTaxesRecognizedInOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDeferredTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Deferred Taxes [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDeferredTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph f<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_f_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in deferred tax liability (asset) resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Deferred tax liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Deferred Tax Assets and Liabilities - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised', window );">Tax losses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 16,200<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxLiabilities', window );">Net deferred tax liabilities</a></td>
<td class="nump">$ 11,400<span></span>
</td>
<td class="nump">11,321<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnrecognizedTaxBenefitAmount', window );">Unrecognized tax attributes amount</a></td>
<td class="nump">46,200<span></span>
</td>
<td class="nump">46,800<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BasisAxis=bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember', window );">Deferred tax assets unrecognized on the basis of tax attributes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised', window );">Tax losses</a></td>
<td class="nump">11,400<span></span>
</td>
<td class="nump">$ 12,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_NoExpirationPeriodMember', window );">No expiration period [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised', window );">Tax losses</a></td>
<td class="nump">43,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward', window );">Tax losses carried forward and deductible temporary differences</a></td>
<td class="nump">16,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodOneMember', window );">Expiration period 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward', window );">Tax losses carried forward and deductible temporary differences</a></td>
<td class="nump">$ 100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod', window );">Tax losses and deductible temporary differences expiration period</a></td>
<td class="text">1 year<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodMoreThanThreeMember', window );">Expiration period more than 3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward', window );">Tax losses carried forward and deductible temporary differences</a></td>
<td class="nump">$ 2,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember', window );">Changes in tax rates or tax laws enacted or announced [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems', window );"><strong>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxLiabilities', window );">Net deferred tax liabilities</a></td>
<td class="nump">$ 5,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred tax assets loss carryforwards expiration period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredTaxAssetsLossCarryforwardsExpirationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred tax expense income relating to temporary differences and tax losses carried forward.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Components Of Deferred Tax Assets And Liabilities [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfComponentsOfDeferredTaxAssetsAndLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UnrecognizedTaxBenefitAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Unrecognized tax attributes amount.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UnrecognizedTaxBenefitAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities net of deferred tax assets, when the absolute amount of deferred tax liabilities is greater than the absolute amount of deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of unused tax losses for which no deferred tax asset is recognised in the statement of financial position. [Refer: Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BasisAxis=bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BasisAxis=bud_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_NoExpirationPeriodMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_NoExpirationPeriodMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodMoreThanThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_ExpirationPeriodMoreThanThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories - Summary of Inventories (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInventoriesLineItems', window );"><strong>Disclosure of inventories [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Prepayments', window );">Prepayments</a></td>
<td class="nump">$ 133<span></span>
</td>
<td class="nump">$ 79<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Raw materials and consumables</a></td>
<td class="nump">2,948<span></span>
</td>
<td class="nump">2,854<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WorkInProgress', window );">Work in progress</a></td>
<td class="nump">479<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinishedGoods', window );">Finished goods</a></td>
<td class="nump">1,382<span></span>
</td>
<td class="nump">1,407<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale', window );">Goods purchased for resale</a></td>
<td class="nump">165<span></span>
</td>
<td class="nump">171<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InventoriesOtherThanWorkInProgressAbstract', window );"><strong>Inventories other than work in progress</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InventoriesAtNetRealisableValue', window );">Inventories stated at net realizable value</a></td>
<td class="nump">264<span></span>
</td>
<td class="nump">259<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_CurrentInventoriesMember', window );">Current Inventories [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInventoriesLineItems', window );"><strong>Disclosure of inventories [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InventoriesTotal', window );">Inventories</a></td>
<td class="nump">$ 5,107<span></span>
</td>
<td class="nump">$ 5,019<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfInventoriesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of inventories [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfInventoriesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InventoriesOtherThanWorkInProgressAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Inventories Other Than Work In Progress [abstract].</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InventoriesOtherThanWorkInProgressAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Raw and packaging materials and goods purchased for resale.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_RawAndPackagingMaterialsAndGoodsPurchasedForResale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinishedGoods">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of goods that have completed the production process and are held for sale in the ordinary course of business. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinishedGoods</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoriesAtNetRealisableValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of inventories carried at net realisable value. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 36<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_36&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoriesAtNetRealisableValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoriesTotal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets: (a) held for sale in the ordinary course of business; (b) in the process of production for such sale; or (c) in the form of materials or supplies to be consumed in the production process or in the rendering of services. Inventories encompass goods purchased and held for resale including, for example, merchandise purchased by a retailer and held for resale, or land and other property held for resale. Inventories also encompass finished goods produced, or work in progress being produced, by the entity and include materials and supplies awaiting use in the production process. [Refer: Current finished goods; Current merchandise; Current work in progress; Land]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoriesTotal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Prepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Receivables that represent amounts paid for goods and services before they have been delivered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Prepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RawMaterialsAndConsumablesUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RawMaterialsAndConsumablesUsed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WorkInProgress">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of assets currently in production, which require further processes to be converted into finished goods or services. [Refer: Current finished goods; Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WorkInProgress</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_CurrentInventoriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_CurrentInventoriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Inventories - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfInventoriesAbstract', window );"><strong>Classes of current inventories [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of inventories sales</a></td>
<td class="nump">$ 26,141<span></span>
</td>
<td class="nump">$ 26,744<span></span>
</td>
<td class="nump">$ 27,396<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories', window );">Impairment losses on inventories</a></td>
<td class="nump">$ 70<span></span>
</td>
<td class="nump">$ 98<span></span>
</td>
<td class="nump">$ 110<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfInventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfInventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and Other Receivables - Schedule of Non-Current Trade and Other Receivables (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeAndOtherReceivablesAbstract', window );"><strong>Disclosure of trade and other receivables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CashDepositsForGuarantees', window );">Cash deposits for guarantees</a></td>
<td class="nump">$ 144<span></span>
</td>
<td class="nump">$ 133<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Tax receivable, other than income tax</a></td>
<td class="nump">100<span></span>
</td>
<td class="nump">105<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BrazilianTaxCreditsAndInterestReceivables', window );">Brazilian tax credits and interest receivables</a></td>
<td class="nump">1,299<span></span>
</td>
<td class="nump">1,120<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentTradeReceivables', window );">Trade and other receivables</a></td>
<td class="nump">323<span></span>
</td>
<td class="nump">212<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Non-current trade and other receivables</a></td>
<td class="nump">$ 1,871<span></span>
</td>
<td class="nump">$ 1,577<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BrazilianTaxCreditsAndInterestReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Brazilian tax credits and interest receivables.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BrazilianTaxCreditsAndInterestReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CashDepositsForGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cash deposits for guarantees</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CashDepositsForGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfTradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of trade and other receivables abstract .</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfTradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of loans and advances the entity has made to customers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables and non-current other receivables. [Refer: Non-current trade receivables; Other non-current receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and Other Receivables - Schedule of Current Trade and Other Receivables (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Prepayments', window );">Prepaid expenses</a></td>
<td class="nump">$ 133<span></span>
</td>
<td class="nump">$ 79<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountsMember', window );">Net carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">4,261<span></span>
</td>
<td class="nump">3,792<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivable', window );">Interest receivables</a></td>
<td class="nump">67<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Tax receivable, other than income tax</a></td>
<td class="nump">660<span></span>
</td>
<td class="nump">416<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">52<span></span>
</td>
<td class="nump">60<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Prepayments', window );">Prepaid expenses</a></td>
<td class="nump">568<span></span>
</td>
<td class="nump">493<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">553<span></span>
</td>
<td class="nump">467<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivables</a></td>
<td class="nump">$ 6,161<span></span>
</td>
<td class="nump">$ 5,270<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrentLoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Current loans and advances to customers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrentLoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TradeAndOtherReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trade and Other Receivables [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TradeAndOtherReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TradeReceivablesAndAccruedIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trade receivables and accrued income</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TradeReceivablesAndAccruedIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest recognised as a receivable.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount receivable by the entity that it does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Prepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Receivables that represent amounts paid for goods and services before they have been delivered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Prepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables and other receivables. [Refer: Trade receivables; Other receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and Other Receivables - Schedule of Trade Receivables and Other Receivables (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember', window );">Net carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">$ 4,261<span></span>
</td>
<td class="nump">$ 3,792<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">58<span></span>
</td>
<td class="nump">68<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivable', window );">Interest receivables</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">553<span></span>
</td>
<td class="nump">467<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">4,939<span></span>
</td>
<td class="nump">4,369<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember', window );">Of Which: Neither Impaired Nor Past Due on the Reporting Date [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">3,990<span></span>
</td>
<td class="nump">3,531<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">58<span></span>
</td>
<td class="nump">58<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivable', window );">Interest receivables</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">532<span></span>
</td>
<td class="nump">450<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">4,644<span></span>
</td>
<td class="nump">4,082<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember', window );">Of Which Not Impaired as of the Reporting Date and Past [member] | Less than 30 Days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">202<span></span>
</td>
<td class="nump">177<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">212<span></span>
</td>
<td class="nump">181<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember', window );">Of Which Not Impaired as of the Reporting Date and Past [member] | Between 30 and 59 Day [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">42<span></span>
</td>
<td class="nump">34<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivable', window );">Interest receivables</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">50<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember', window );">Of Which Not Impaired as of the Reporting Date and Past [member] | Between 60 and 89 Days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentLoansAndAdvancesToCustomers', window );">Loans to customers</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">30<span></span>
</td>
<td class="nump">50<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember', window );">Of Which Not Impaired as of the Reporting Date and Past [member] | More Than 90 Days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeAndOtherReceivablesLineItems', window );"><strong>Trade and Other Receivables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TradeReceivablesAndAccruedIncome', window );">Trade receivables and accrued income</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Other receivables</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Current trade and other receivable</a></td>
<td class="nump">$ 3<span></span>
</td>
<td class="nump">$ 18<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrentLoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Current loans and advances to customers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrentLoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TradeAndOtherReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trade and Other Receivables [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TradeAndOtherReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TradeReceivablesAndAccruedIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trade receivables and accrued income</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TradeReceivablesAndAccruedIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest recognised as a receivable.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount receivable by the entity that it does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables and other receivables. [Refer: Trade receivables; Other receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_OfWhichNotImpairedAsOfTheReportingDateAndPastMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneMonthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and Other Receivables - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeReceivablesLineItems', window );"><strong>Disclosure of Trade Receivables [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BrazilianTaxCreditsAndInterestReceivables', window );">Brazilian tax credits and interest receivables</a></td>
<td class="nump">$ 1,299<span></span>
</td>
<td class="nump">$ 1,120<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeReceivablesLineItems', window );"><strong>Disclosure of Trade Receivables [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Impairment losses</a></td>
<td class="nump">$ 53<span></span>
</td>
<td class="nump">$ 56<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BrazilianTaxCreditsAndInterestReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Brazilian tax credits and interest receivables.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BrazilianTaxCreditsAndInterestReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfTradeReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Trade Receivables [Line Items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfTradeReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2025-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>126
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Investment Securities - Summary of Cash and Cash Equivalents and Investments in Short-Term Debt Securities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents', window );">Short-term bank deposits</a></td>
<td class="nump">$ 6,248<span></span>
</td>
<td class="nump">$ 4,964<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Cash', window );">Cash and bank accounts</a></td>
<td class="nump">5,390<span></span>
</td>
<td class="nump">6,210<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">11,638<span></span>
</td>
<td class="nump">11,174<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdrafts</a></td>
<td class="num">(14)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents in the statement of cash flows</a></td>
<td class="nump">$ 11,623<span></span>
</td>
<td class="nump">$ 11,174<span></span>
</td>
<td class="nump">$ 10,314<span></span>
</td>
<td class="nump">$ 9,890<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankOverdraftsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Cash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits. [Refer: Cash on hand]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Cash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents in the statement of cash flows when different from the amount of cash and cash equivalents in the statement of financial position. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of cash equivalents representing short-term deposits. [Refer: Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and cash equivalents and investment securities - Summary of Investments in Short-Term Debt Securities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract', window );"><strong>Disclosure of detailed information about borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AvailableForSaleInvestments', window );">Investment in unquoted companies</a></td>
<td class="nump">$ 134<span></span>
</td>
<td class="nump">$ 139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesDebtNonCurrent', window );">Investment in debt securities</a></td>
<td class="nump">27<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesNonCurrent', window );">Non-current investments</a></td>
<td class="nump">161<span></span>
</td>
<td class="nump">168<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesDebtCurent', window );">Investment in debt securities</a></td>
<td class="nump">306<span></span>
</td>
<td class="nump">221<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome', window );">Current investments</a></td>
<td class="nump">$ 306<span></span>
</td>
<td class="nump">$ 221<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AvailableForSaleInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Available for sale investments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AvailableForSaleInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesDebtCurent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities debt current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesDebtCurent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesDebtNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities debt non current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesDebtNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities non current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets at fair value through other comprehensive income. [Refer: Financial assets at fair value through other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash and Cash Equivalents and Investment Securities - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Restricted cash</a></td>
<td class="nump">$ 106<span></span>
</td>
<td class="nump">$ 99<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents', window );">Amounts deposited on a blocked account</a></td>
<td class="nump">80<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesCurrent', window );">Current debt securities</a></td>
<td class="nump">306<span></span>
</td>
<td class="nump">221<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_DebtSecuritiesMember', window );">Debt securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InvestmentSecuritiesCurrent', window );">Current debt securities</a></td>
<td class="nump">$ 306<span></span>
</td>
<td class="nump">$ 221<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InvestmentSecuritiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investment securities current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InvestmentSecuritiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankingArrangementsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of cash equivalents representing banking arrangements that the entity does not separately disclose in the same statement or note. [Refer: Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankingArrangementsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_DebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_DebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in Equity and Earnings per Share - Summary of Changes in Issued Capital and Treasury Shares (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">At the end of the previous year</a></td>
<td class="nump">2,019,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding', window );">Changes during the period</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">At the end of the current year</a></td>
<td class="nump">2,019,000,000<span></span>
</td>
<td class="nump">2,019,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">At the end of the previous year</a></td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInCapital', window );">Changes during the period</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">At the end of the current year</a></td>
<td class="nump">1,736<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Changes during the period</a></td>
<td class="num">$ (2,106)<span></span>
</td>
<td class="num">$ (791)<span></span>
</td>
<td class="num">$ (237)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember', window );">Ordinary shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">At the end of the current year</a></td>
<td class="nump">1,797,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfRestrictedShares', window );">Restricted shares</a></td>
<td class="nump">222,041,979<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfTreasurySharesOutstanding', window );">At the end of the previous year</a></td>
<td class="nump">43,800,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInNumberOfSharesInTreasury', window );">Changes during the period</a></td>
<td class="nump">24,700,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfTreasurySharesOutstanding', window );">At the end of the current year</a></td>
<td class="nump">68,500,000<span></span>
</td>
<td class="nump">43,800,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=bud_TreasurySharesOnUseMember', window );">Result on the use of treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">At the end of the previous year</a></td>
<td class="num">$ (5,406)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Changes during the period</a></td>
<td class="num">(910)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">At the end of the current year</a></td>
<td class="num">(6,316)<span></span>
</td>
<td class="num">$ (5,406)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">At the end of the previous year</a></td>
<td class="num">(3,886)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Changes during the period</a></td>
<td class="num">(1,197)<span></span>
</td>
<td class="num">(421)<span></span>
</td>
<td class="nump">$ 240<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">At the end of the current year</a></td>
<td class="num">$ (5,083)<span></span>
</td>
<td class="num">$ (3,886)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in capital.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInNumberOfSharesInTreasury">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in number of shares in treasury.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInNumberOfSharesInTreasury</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfRestrictedShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of restricted shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfRestrictedShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfTreasurySharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number Of Treasury Shares Outstanding</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfTreasurySharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the number of shares outstanding. [Refer: Number of shares outstanding]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_a_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 160<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_160_a_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInNumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from treasury share transactions. [Refer: Equity; Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 160<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_160_a_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_a_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_OrdinarySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=bud_TreasurySharesOnUseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=bud_TreasurySharesOnUseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in Equity and Earnings per Share - Additional Information (Detail)<br> &#8364; / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Oct. 29, 2025 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Apr. 30, 2025 </div>
<div>EUR (&#8364;) </div>
<div>&#8364; / shares</div>
</th>
<th class="th">
<div>Apr. 24, 2024 </div>
<div>EUR (&#8364;) </div>
<div>&#8364; / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Feb. 11, 2026 </div>
<div>EUR (&#8364;) </div>
<div>&#8364; / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>EUR (&#8364;) </div>
<div>&#8364; / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Oct. 29, 2025 </div>
<div>EUR (&#8364;) </div>
<div>&#8364; / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Apr. 28, 2021 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued capital | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DividendDeclaredPerShare', window );">Dividend declared per share | &#8364; / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1<span></span>
</td>
<td class="nump">&#8364; 1.15<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DividendDeclared', window );">Dividend declared | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1,986,000,000<span></span>
</td>
<td class="nump">&#8364; 1,645,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1,972,000,000<span></span>
</td>
<td class="nump">&#8364; 2,268,000,000<span></span>
</td>
<td class="nump">&#8364; 296,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DividendPaidDate', window );">Dividend paid date</a></td>
<td class="text">Nov. 20,  2025<span></span>
</td>
<td class="text">May  08,  2025<span></span>
</td>
<td class="text">May  07,  2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit attributable to equity holders | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="nump">$ 5,341<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DilutedAdjustedEarnings', window );">Diluted earnings per share based on the profit | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,837<span></span>
</td>
<td class="nump">$ 5,855<span></span>
</td>
<td class="nump">$ 5,341<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfAntidilutiveShareOptionsOutstanding', window );">Number of antidilutive share options outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">22,000,000<span></span>
</td>
<td class="nump">40,000,000<span></span>
</td>
<td class="nump">46,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">22,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DividendPayoutDate', window );">Dividend payout date</a></td>
<td class="text">Oct. 29,  2025<span></span>
</td>
<td class="text">Apr. 30,  2025<span></span>
</td>
<td class="text">Apr. 24,  2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=bud_DividendProposedMember', window );">Dividend Proposed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DividendProposedPerShare', window );">Dividend proposed per share | &#8364; / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1<span></span>
</td>
<td class="nump">&#8364; 0.82<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 0.15<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StocksRepurchasedDuringPeriodValue', window );">Share buyback for an amount | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 323<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ArrangementTypeAxis=bud_StockLendingArrangementsMember', window );">Stock Lending Arrangements [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfBorrowedSharesOutstanding', window );">Number Of Borrowed Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26,700,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfRestrictedShares', window );">Restricted shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">222,041,979<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Par value per share | &#8364; / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 0.61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TreasurySharesOwnedByCompany', window );">Treasury shares owned by company</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 51,266,673<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 41,778,750,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries', window );">Number of treasury shares owned by ABI &amp; subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">68,489,754<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">68,489,754<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StockRepurchaseProgramAuthorizedAmount1', window );">Stock repurchase program, authorized amount | $</a></td>
<td class="nump">$ 6,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_SabCombinationMember', window );">SAB Combination [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfRestrictedSharesIssued', window );">Number of restricted shares issued</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">326,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares', window );">Number of restricted shares converted into ordinary shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">104,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxWithholdingPercentage', window );">Tax withholding percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_ParentMember', window );">Parent [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1,238,608,344.12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Number of shares authorized</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,019,241,973<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,019,241,973<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Unissued capital | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 37,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries', window );">Number of treasury shares owned by ABI &amp; subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">68,489,754<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">68,489,754<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_ParentMember', window );">Parent [member] | Treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfTreasurySharesOwnedByABI', window );">Number of treasury shares owned by ABI</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">67,851,393<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">67,851,393<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfSharesRepurchased', window );">Percentage of shares repurchased</a></td>
<td class="nump">0.32%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.71%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.71%<span></span>
</td>
<td class="nump">0.32%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StockRepurchasedDuringPeriodValues', window );">Stock repurchased during period, value | $</a></td>
<td class="nump">$ 400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_StockRepurchasedDuringPeriodShare', window );">Stock repurchased during period, shares</a></td>
<td class="nump">6,421,554<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,615,419<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,615,419<span></span>
</td>
<td class="nump">6,421,554<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DilutedAdjustedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Diluted adjusted earnings.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DilutedAdjustedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DividendDeclared">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dividend declared.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DividendDeclared</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DividendDeclaredPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dividend declared per share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DividendDeclaredPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DividendPaidDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dividend paid date.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DividendPaidDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DividendPayoutDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dividend payout date.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DividendPayoutDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DividendProposedPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dividend proposed per share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DividendProposedPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfAntidilutiveShareOptionsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of antidilutive share options outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfAntidilutiveShareOptionsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfBorrowedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of borrowed shares outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfBorrowedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfRestrictedShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of restricted shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfRestrictedShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of restricted shares converted into ordinary shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfRestrictedSharesConvertedIntoOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfRestrictedSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of restricted shares issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfRestrictedSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfTreasurySharesOwnedByABI">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of treasury shares owned by abi.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfTreasurySharesOwnedByABI</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of treasury shares owned by abi and subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfTreasurySharesOwnedByABIAndSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfSharesRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of shares repurchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfSharesRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_StockRepurchasedDuringPeriodShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Stock repurchased during period share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_StockRepurchasedDuringPeriodShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_StockRepurchasedDuringPeriodValues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Stock repurchased during period values.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_StockRepurchasedDuringPeriodValues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_StocksRepurchasedDuringPeriodValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Stocks repurchased during period value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_StocksRepurchasedDuringPeriodValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxWithholdingPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax withholding percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxWithholdingPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TreasurySharesOwnedByCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Treasury shares owned by company.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TreasurySharesOwnedByCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesAuthorised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares authorised.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_a_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 160<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_160_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_79_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesAuthorised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_a_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 160<br> -Subparagraph a<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_160_a_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StockRepurchaseProgramAuthorizedAmount1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount authorized for purchase of share under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StockRepurchaseProgramAuthorizedAmount1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=bud_DividendProposedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=bud_DividendProposedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ArrangementTypeAxis=bud_StockLendingArrangementsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ArrangementTypeAxis=bud_StockLendingArrangementsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_TreasurySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_SabCombinationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_SabCombinationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_ParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_ParentMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in Equity and Earnings Per Share - Summary of Changes in Other Comprehensive Income Reserves (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income/(loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Re-measurements of post-employment benefits</a></td>
<td class="nump">$ 65<span></span>
</td>
<td class="nump">$ 141<span></span>
</td>
<td class="num">$ (136)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">6,726<span></span>
</td>
<td class="num">(8,812)<span></span>
</td>
<td class="nump">3,876<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=bud_TranslationReserveMember', window );">Translation reserves [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems', window );"><strong>Disclosure of information about changes in other comprehensive income reserves [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Beginning balance</a></td>
<td class="num">(38,670)<span></span>
</td>
<td class="num">(30,180)<span></span>
</td>
<td class="num">(34,677)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income/(loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Exchange differences on translation of foreign operations (gains/(losses))</a></td>
<td class="nump">6,594<span></span>
</td>
<td class="num">(8,490)<span></span>
</td>
<td class="nump">4,497<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">6,594<span></span>
</td>
<td class="num">(8,490)<span></span>
</td>
<td class="nump">4,497<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Ending balance</a></td>
<td class="num">(32,076)<span></span>
</td>
<td class="num">(38,670)<span></span>
</td>
<td class="num">(30,180)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=bud_HedgingReserveMember', window );">Hedging reserves [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems', window );"><strong>Disclosure of information about changes in other comprehensive income reserves [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Beginning balance</a></td>
<td class="nump">490<span></span>
</td>
<td class="nump">181<span></span>
</td>
<td class="nump">145<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income/(loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(100)<span></span>
</td>
<td class="nump">309<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="num">(100)<span></span>
</td>
<td class="nump">309<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Ending balance</a></td>
<td class="nump">390<span></span>
</td>
<td class="nump">490<span></span>
</td>
<td class="nump">181<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=bud_PostEmploymentBenefitsMember', window );">Post- employment benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems', window );"><strong>Disclosure of information about changes in other comprehensive income reserves [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Beginning balance</a></td>
<td class="num">(1,020)<span></span>
</td>
<td class="num">(1,155)<span></span>
</td>
<td class="num">(1,021)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income/(loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Re-measurements of post-employment benefits</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">135<span></span>
</td>
<td class="num">(134)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">135<span></span>
</td>
<td class="num">(134)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Ending balance</a></td>
<td class="num">(954)<span></span>
</td>
<td class="num">(1,020)<span></span>
</td>
<td class="num">(1,155)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember', window );">OCI reserves [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems', window );"><strong>Disclosure of information about changes in other comprehensive income reserves [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Beginning balance</a></td>
<td class="num">(39,201)<span></span>
</td>
<td class="num">(31,155)<span></span>
</td>
<td class="num">(35,553)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeAbstract', window );"><strong>Other comprehensive income/(loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Exchange differences on translation of foreign operations (gains/(losses))</a></td>
<td class="nump">6,594<span></span>
</td>
<td class="num">(8,490)<span></span>
</td>
<td class="nump">4,497<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(100)<span></span>
</td>
<td class="nump">309<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Re-measurements of post-employment benefits</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">135<span></span>
</td>
<td class="num">(134)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income/(loss)</a></td>
<td class="nump">6,560<span></span>
</td>
<td class="num">(8,046)<span></span>
</td>
<td class="nump">4,398<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Ending balance</a></td>
<td class="num">$ (32,641)<span></span>
</td>
<td class="num">$ (39,201)<span></span>
</td>
<td class="num">$ (31,155)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents information about changes in other comprehensive income reserves.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfInformationAboutChangesInOtherComprehensiveIncomeReservesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccumulatedOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccumulatedOtherComprehensiveIncome</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeAbstract</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [domain]; Plan assets [member]; Net defined benefit liability (asset)] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=bud_TranslationReserveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=bud_TranslationReserveMember</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=bud_HedgingReserveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=bud_HedgingReserveMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=bud_PostEmploymentBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=bud_PostEmploymentBenefitsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in Equity and Earnings Per Share - Summary of Weighted Average Number of Ordinary and Restricted Shares (Detail) - USD ($)<br> shares in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems', window );"><strong>Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares</a></td>
<td class="nump">1,975<span></span>
</td>
<td class="nump">1,984<span></span>
</td>
<td class="nump">1,984<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectOfBasicStockLending', window );">Effect of stock lending</a></td>
<td class="nump">27<span></span>
</td>
<td class="nump">29<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms', window );">Effect of delivery of treasury shares and share buyback programs</a></td>
<td class="num">(18)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare', window );">Weighted average number of ordinary and restricted shares as of 31&#160;December</a></td>
<td class="nump">1,984<span></span>
</td>
<td class="nump">2,003<span></span>
</td>
<td class="nump">2,016<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits', window );">Effect of share options, PSUs and restricted stock units</a></td>
<td class="nump">34<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Profit attributable to equity holders of AB InBev</a></td>
<td class="nump">$ 6,837<span></span>
</td>
<td class="nump">$ 5,855<span></span>
</td>
<td class="nump">$ 5,341<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetImpactOfExceptionalItemsOnProfit', window );">Net impact of exceptional items on profit (refer to Note 8)</a></td>
<td class="nump">499<span></span>
</td>
<td class="nump">1,062<span></span>
</td>
<td class="nump">614<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany', window );">Profit before exceptional items, attributable to equity holders of AB InBev</a></td>
<td class="nump">7,336<span></span>
</td>
<td class="nump">6,917<span></span>
</td>
<td class="nump">5,955<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EffectsOnHyperinflationaryEconomies', window );">Hyperinflation impacts</a></td>
<td class="nump">74<span></span>
</td>
<td class="nump">145<span></span>
</td>
<td class="nump">203<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity', window );">Underlying profit</a></td>
<td class="nump">$ 7,410<span></span>
</td>
<td class="nump">$ 7,061<span></span>
</td>
<td class="nump">$ 6,158<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=bud_OrdinaryRestrictedSharesMember', window );">Ordinary restricted shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems', window );"><strong>Disclosure of information about weighted average number of ordinary and restricted shares outstanding [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare', window );">Weighted average number of ordinary and restricted shares as of 31&#160;December</a></td>
<td class="nump">1,984<span></span>
</td>
<td class="nump">2,003<span></span>
</td>
<td class="nump">2,016<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations', window );">Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December</a></td>
<td class="nump">2,018<span></span>
</td>
<td class="nump">2,044<span></span>
</td>
<td class="nump">2,054<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents information about weighted average number of ordinary and restricted shares outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfInformationAboutWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EffectOfBasicStockLending">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Effect of basic stock lending.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EffectOfBasicStockLending</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Effect of delivery of treasury shares and share buyback programs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Effect Of Share Options Performance Stock Units And Restricted Stock Units.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EffectsOnHyperinflationaryEconomies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Effects on Hyperinflationary economies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EffectsOnHyperinflationaryEconomies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetImpactOfExceptionalItemsOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net impact of exceptional items on profit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetImpactOfExceptionalItemsOnProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit before exceptional items attributable to equity holders of parent company.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit before exceptional items, discontinued operations, mark-to-market losses and hyperinflation impacts, attributable to equity holders of parent entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average number of ordinary and restricted shares used to calculate basic earnings per share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average number of ordinary shares and restricted shares diluted from discontinuing operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=bud_OrdinaryRestrictedSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=bud_OrdinaryRestrictedSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Changes in Equity and Earnings Per Share - Summary of EPS (Detail) - USD ($)<br> $ / shares in Units, shares in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings per share [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit attributable to equity holders of AB InBev</a></td>
<td class="nump">$ 6,837<span></span>
</td>
<td class="nump">$ 5,855<span></span>
</td>
<td class="nump">$ 5,341<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares', window );">Weighted average number of ordinary and restricted shares</a></td>
<td class="nump">1,984<span></span>
</td>
<td class="nump">2,003<span></span>
</td>
<td class="nump">2,016<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic EPS</a></td>
<td class="nump">$ 3.45<span></span>
</td>
<td class="nump">$ 2.92<span></span>
</td>
<td class="nump">$ 2.65<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit attributable to equity holders of AB InBev</a></td>
<td class="nump">$ 6,837<span></span>
</td>
<td class="nump">$ 5,855<span></span>
</td>
<td class="nump">$ 5,341<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations', window );">Weighted average number of ordinary and restricted shares (diluted)</a></td>
<td class="nump">2,018<span></span>
</td>
<td class="nump">2,044<span></span>
</td>
<td class="nump">2,054<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted EPS</a></td>
<td class="nump">$ 3.39<span></span>
</td>
<td class="nump">$ 2.86<span></span>
</td>
<td class="nump">$ 2.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity', window );">Underlying profit</a></td>
<td class="nump">$ 7,410<span></span>
</td>
<td class="nump">$ 7,061<span></span>
</td>
<td class="nump">$ 6,158<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares', window );">Weighted average number of ordinary and restricted shares</a></td>
<td class="nump">1,984<span></span>
</td>
<td class="nump">2,003<span></span>
</td>
<td class="nump">2,016<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnderlyingEarningsPerShare', window );">Underlying EPS</a></td>
<td class="nump">$ 3.73<span></span>
</td>
<td class="nump">$ 3.53<span></span>
</td>
<td class="nump">$ 3.05<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit before exceptional items, discontinued operations, mark-to-market losses and hyperinflation impacts, attributable to equity holders of parent entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UnderlyingEarningsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Underlying earnings per share.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UnderlyingEarningsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average number of ordinary shares and restricted shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average number of ordinary shares and restricted shares diluted from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Summary of Interest-bearing Loans and Borrowings (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Current interest-bearing loans and borrowings</a></td>
<td class="nump">$ 73,013<span></span>
</td>
<td class="nump">$ 72,169<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AssetsAndLiabilitiesAxis=bud_NonCurrentLiabilitiesMember', window );">Non-Current Liabilities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued', window );">Unsecured bond issues</a></td>
<td class="nump">70,199<span></span>
</td>
<td class="nump">68,857<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">1,776<span></span>
</td>
<td class="nump">1,748<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnsecuredOtherLoansNoncurrent', window );">Unsecured other loans</a></td>
<td class="nump">139<span></span>
</td>
<td class="nump">100<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Non-current interest-bearing loans and borrowings</a></td>
<td class="nump">72,128<span></span>
</td>
<td class="nump">70,720<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AssetsAndLiabilitiesAxis=bud_CurrentLiabilitiesMember', window );">Current Liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued', window );">Unsecured bond issues</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">627<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">621<span></span>
</td>
<td class="nump">556<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived', window );">Unsecured bank loans</a></td>
<td class="nump">178<span></span>
</td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnsecuredOtherLoansCurrent', window );">Unsecured other loans</a></td>
<td class="nump">82<span></span>
</td>
<td class="nump">169<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Current interest-bearing loans and borrowings</a></td>
<td class="nump">$ 885<span></span>
</td>
<td class="nump">$ 1,449<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UnsecuredOtherLoansCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Unsecured other loans current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UnsecuredOtherLoansCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UnsecuredOtherLoansNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Unsecured other loans noncurrent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UnsecuredOtherLoansNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current bonds issued and the current portion of non-current bonds issued. [Refer: Bonds issued]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBondsIssuedAndCurrentPortionOfNoncurrentBondsIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current secured bank loans received and the current portion of non-current secured bank loans received. [Refer: Secured bank loans received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentSecuredBankLoansReceivedAndCurrentPortionOfNoncurrentSecuredBankLoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current unsecured bank loans received and the current portion of non-current unsecured bank loans received. [Refer: Unsecured bank loans received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentUnsecuredBankLoansReceivedAndCurrentPortionOfNoncurrentUnsecuredBankLoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current bonds issued. [Refer: Bonds issued]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPortionOfNoncurrentBondsIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current secured bank loans received. [Refer: Secured bank loans received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPortionOfNoncurrentSecuredBankLoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_ABInBevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_ABInBevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAndLiabilitiesAxis=bud_NonCurrentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesAxis=bud_NonCurrentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAndLiabilitiesAxis=bud_CurrentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesAxis=bud_CurrentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Additional Information (Detail)<br> $ in Millions, &#8364; in Billions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Oct. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>May 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Apr. 30, 2024 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Current and non-current interest-bearing loans and borrowings</a></td>
<td class="nump">$ 73,013<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 72,169<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued', window );">Commercial papers</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommercialPapersAuthorized', window );">Commercial papers authorized amount</a></td>
<td class="nump">5,000<span></span>
</td>
<td class="nump">&#8364; 3.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Impact of changes in foreign exchange rates</a></td>
<td class="nump">2,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,000<span></span>
</td>
<td class="nump">$ 1,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfTreasuryShares', window );">Purchase of treasury shares</a></td>
<td class="nump">2,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=bud_FiveSeriesNotesMember', window );">Five Series Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_RepurchasedNotesAggregatePrincipalAmount', window );">Repurchased notes aggregate principal amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,800<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB inBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Current and non-current interest-bearing loans and borrowings</a></td>
<td class="nump">73,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">72,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetIncreasedDecreasedDebt', window );">Net increased decreased debt</a></td>
<td class="nump">60,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 60,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendPayables', window );">Dividend payments to shareholders</a></td>
<td class="nump">4,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PaymentOfInterestsAndTaxes', window );">Payment of interests and taxes</a></td>
<td class="nump">$ 5,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BorrowingsPrincipalAmountRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Borrowings principal amount repurchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BorrowingsPrincipalAmountRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CommercialPapersAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commercial Papers Authorized</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CommercialPapersAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetIncreasedDecreasedDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net increased decreased debt.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetIncreasedDecreasedDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PaymentOfInterestsAndTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Payment of interests and taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PaymentOfInterestsAndTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_RepurchasedNotesAggregatePrincipalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Repurchased notes aggregate principal amount.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_RepurchasedNotesAggregatePrincipalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current commercial paper issued and the current portion of non-current commercial paper issued. [Refer: Commercial papers issued]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentCommercialPapersIssuedAndCurrentPortionOfNoncurrentCommercialPapersIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends that the company has declared but not yet paid.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes in foreign exchange rates. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfTreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease in equity resulting from the purchase of treasury shares. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfTreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=bud_FiveSeriesNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=bud_FiveSeriesNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_ABInBevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_ABInBevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
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<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Summary of Series of Bonds (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>May 19, 2025 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember', window );">Three Point Three Seven Five Percent Bonds Due Nineteen May Two Thousand And Thirty Three [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsIssuedDate', window );">Issue date</a></td>
<td class="text">19&#160;May 2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Aggregate principal amount</a></td>
<td class="nump">$ 1,250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">EUR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.375%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturity date</a></td>
<td class="text">19&#160;May 2033<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">ABISA<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember', window );">Three Point Eight Seven Five Percent Bonds Due Nineteen May Two Thousand And Thirty Eight [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsIssuedDate', window );">Issue date</a></td>
<td class="text">19&#160;May 2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Aggregate principal amount</a></td>
<td class="nump">$ 1,500<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">EUR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.875%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturity date</a></td>
<td class="text">19&#160;May&#160;2038<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">ABISA<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMember', window );">Four Point One Two Five Percent Bonds Due Nineteen May Two Thousand And Forty Five [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsIssuedDate', window );">Issue date</a></td>
<td class="text">19&#160;May 2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Aggregate principal amount</a></td>
<td class="nump">$ 500<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">EUR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.125%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturity date</a></td>
<td class="text">19&#160;May 2045<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">ABISA<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BorrowingsIssuedDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Borrowings Issued Date</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BorrowingsIssuedDate</td>
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<tr>
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<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>bud_name of issuer.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budnameofissuer</td>
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<tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The currency in which the borrowings are denominated. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsOriginalCurrency</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMember</td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Summary of Total Principal Amount Repurchased in the Tender Offer (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 29, 2025</div></th>
<th class="th"><div>Nov. 18, 2025</div></th>
<th class="th"><div>May 30, 2025</div></th>
<th class="th"><div>Oct. 31, 2025</div></th>
<th class="th"><div>May 31, 2025</div></th>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">$ 1,600<span></span>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember', window );">4.750% Notes due 2029 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 30,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">ABIWW<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">4.75%<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Notes due 2029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">$ 4,250<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">1,321<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">$ 2,929<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember', window );">4.900% Notes due 2046 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">May 30,  2025<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
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<td class="text">&#160;<span></span>
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<td class="text">ABIWW&#160;and&#160;ABC<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">4.90%<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">Notes&#160;due&#160;2046<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">USD<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 9,160<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">330<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingPrincipalAmountNotRepurchased', window );">Principal amount not repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 8,830<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember', window );">4.900%&#160;Notes&#160;due&#160;2046 One [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 30,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">ABIFI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfNotesRepurchased', window );">Title of series of notes partially repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Notes due 2046<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">USD<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,457<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">167<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingPrincipalAmountNotRepurchased', window );">Principal amount not repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,291<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember', window );">4.000%&#160;Notes&#160;due&#160;2028 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 30,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">ABIWW<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfNotesRepurchased', window );">Title of series of notes partially repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Notes&#160;due&#160;2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">USD<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember', window );">2.700% Notes due 2026 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Nov. 18,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">ABISA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfNotesRepurchased', window );">Title of series of notes partially repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Notes due 2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">EUR<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 615<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 615<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember', window );">3.650% Notes due 2026 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Buddateofredemption', window );">&#8194;Date of repurchase</a></td>
<td class="text">Dec. 29,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budnameofissuer', window );">Issuer</a></td>
<td class="text">ABIWW&#160;and&#160;ABC<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfNotesRepurchased', window );">Title of series of notes partially repurchased</a></td>
<td class="nump">3.65%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NotesRepurchasedMaturityPeriod', window );">Notes Repurchased Maturity Period</a></td>
<td class="text">Notes due 2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsOriginalCurrency', window );">Currency</a></td>
<td class="text">USD<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_Budborrowingsprincipalamount', window );">Original principal amount outstanding</a></td>
<td class="nump">$ 1,307<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_BorrowingsPrincipalAmountRepurchased', window );">Principal amount repurchased</a></td>
<td class="nump">$ 1,307<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BorrowingPrincipalAmountNotRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Borrowing principal amount not repurchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BorrowingPrincipalAmountNotRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_BorrowingsPrincipalAmountRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Borrowings principal amount repurchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_BorrowingsPrincipalAmountRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budborrowingsprincipalamount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>bud_ Borrowings principal amount</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budborrowingsprincipalamount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Buddateofredemption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>bud_date Of redemption.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Buddateofredemption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_Budnameofissuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>bud_name of issuer.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_Budnameofissuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NotesRepurchasedMaturityPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Notes Repurchased Maturity Period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NotesRepurchasedMaturityPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfNotesRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage Of Notes Repurchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfNotesRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsOriginalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The currency in which the borrowings are denominated. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsOriginalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_FourPointNinePercentageNotesDueTwoThousandFortySixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_FourPointNinePercentageNotesDueTwoThousandFortySixOneMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=bud_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Summary of Reconciliation of Net Debt (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems', window );"><strong>Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">$ 73,013<span></span>
</td>
<td class="nump">$ 72,169<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdrafts</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="num">(11,638)<span></span>
</td>
<td class="num">(11,174)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems', window );"><strong>Disclosure of Reconciliation of Net Cash Flow to Movement in Net Debt [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentPortionOfLongTermBorrowings', window );">Non-current interest-bearing loans and borrowings</a></td>
<td class="nump">72,128<span></span>
</td>
<td class="nump">70,720<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Current interest-bearing loans and borrowings</a></td>
<td class="nump">885<span></span>
</td>
<td class="nump">1,449<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">73,000<span></span>
</td>
<td class="nump">72,200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdrafts</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="num">(11,638)<span></span>
</td>
<td class="num">(11,174)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestBearingLoansGrantedAndOtherDeposits', window );">Interest bearing loans granted and other deposits (included within Trade and other receivables)</a></td>
<td class="num">(116)<span></span>
</td>
<td class="num">(99)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DebtSecurities', window );">Debt securities (included within Investment securities)</a></td>
<td class="num">(333)<span></span>
</td>
<td class="num">(251)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDebt', window );">Net debt</a></td>
<td class="nump">$ 60,941<span></span>
</td>
<td class="nump">$ 60,645<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line item represent reconciliation of net cash flow to movement in net debt.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InterestBearingLoansGrantedAndOtherDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Interest Bearing Loans Granted And Other Deposits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InterestBearingLoansGrantedAndOtherDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NonCurrentPortionOfLongTermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Non current portion of long term borrowings.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NonCurrentPortionOfLongTermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankOverdraftsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of instruments issued by the entity that represent indebtedness.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of net debt of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_ABInBevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_ABInBevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Interest-Bearing Loans and Borrowings - Summary of Changes in the Company's Liabilities Arising from Financing Activities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems', window );"><strong>Disclosure of reconciliation of liabilities arising from financing activities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromNoncurrentBorrowings', window );">Proceeds from borrowings</a></td>
<td class="nump">$ 4,400<span></span>
</td>
<td class="nump">$ 5,465<span></span>
</td>
<td class="nump">$ 202<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfNoncurrentBorrowings', window );">Repayments of borrowings</a></td>
<td class="num">(6,861)<span></span>
</td>
<td class="num">(9,295)<span></span>
</td>
<td class="num">(3,098)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Amortized cost</a></td>
<td class="nump">93,184<span></span>
</td>
<td class="nump">90,497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LongtermBorrowingsMember', window );">Long-term debt, net of current portion [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems', window );"><strong>Disclosure of reconciliation of liabilities arising from financing activities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivities', window );">Beginning balance</a></td>
<td class="nump">70,720<span></span>
</td>
<td class="nump">74,163<span></span>
</td>
<td class="nump">78,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromNoncurrentBorrowings', window );">Proceeds from borrowings</a></td>
<td class="nump">3,665<span></span>
</td>
<td class="nump">5,337<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfNoncurrentBorrowings', window );">Repayments of borrowings</a></td>
<td class="num">(3,442)<span></span>
</td>
<td class="num">(6,036)<span></span>
</td>
<td class="num">(3,004)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CapitalizationPaymentOfLeaseLiabilities', window );">Capitalization / (payment) of lease liabilities</a></td>
<td class="nump">382<span></span>
</td>
<td class="nump">416<span></span>
</td>
<td class="nump">686<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Amortized cost</a></td>
<td class="nump">68<span></span>
</td>
<td class="nump">63<span></span>
</td>
<td class="nump">61<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Unrealized foreign exchange effects</a></td>
<td class="nump">3,271<span></span>
</td>
<td class="num">(1,583)<span></span>
</td>
<td class="nump">909<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing', window );">Current portion of long-term debt</a></td>
<td class="num">(2,535)<span></span>
</td>
<td class="num">(1,302)<span></span>
</td>
<td class="num">(3,113)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements', window );">(Gain)/Loss on bond redemption and other movements</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="num">(316)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivities', window );">Ending balance</a></td>
<td class="nump">72,128<span></span>
</td>
<td class="nump">70,720<span></span>
</td>
<td class="nump">74,163<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_ShorttermBorrowingsMember', window );">Short-term debt and current portion of long-term debt [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems', window );"><strong>Disclosure of reconciliation of liabilities arising from financing activities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivities', window );">Beginning balance</a></td>
<td class="nump">1,449<span></span>
</td>
<td class="nump">3,987<span></span>
</td>
<td class="nump">1,029<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromNoncurrentBorrowings', window );">Proceeds from borrowings</a></td>
<td class="nump">735<span></span>
</td>
<td class="nump">128<span></span>
</td>
<td class="nump">143<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfNoncurrentBorrowings', window );">Repayments of borrowings</a></td>
<td class="num">(3,419)<span></span>
</td>
<td class="num">(3,259)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CapitalizationPaymentOfLeaseLiabilities', window );">Capitalization / (payment) of lease liabilities</a></td>
<td class="num">(499)<span></span>
</td>
<td class="num">(698)<span></span>
</td>
<td class="num">(458)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Amortized cost</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Unrealized foreign exchange effects</a></td>
<td class="nump">63<span></span>
</td>
<td class="num">(165)<span></span>
</td>
<td class="nump">83<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing', window );">Current portion of long-term debt</a></td>
<td class="nump">2,535<span></span>
</td>
<td class="nump">1,302<span></span>
</td>
<td class="nump">3,113<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements', window );">(Gain)/Loss on bond redemption and other movements</a></td>
<td class="nump">20<span></span>
</td>
<td class="nump">152<span></span>
</td>
<td class="nump">171<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilitiesArisingFromFinancingActivities', window );">Ending balance</a></td>
<td class="nump">$ 885<span></span>
</td>
<td class="nump">$ 1,449<span></span>
</td>
<td class="nump">$ 3,987<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CapitalizationPaymentOfLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Capitalization payment of lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CapitalizationPaymentOfLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Current borrowing and current portion of non-current borrowing.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrentBorrowingAndCurrentPortionOfNoncurrentBorrowing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease through loss on bond redemption and other movements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseThroughLossOnBondRedemptionAndOtherMovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A_TI<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities at amortised cost. The amortised cost is the amount at which financial liabilities are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities for which cash flows were, or future cash flows will be, classified in the statement of cash flows as cash flows from financing activities. [Refer: Cash flows from (used in) financing activities; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 44D<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44D&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 166<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_166&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 166<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_166&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from non-current borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LongtermBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_LongtermBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_ShorttermBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis=ifrs-full_ShorttermBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R129.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Additional Information (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans', window );">Number of defined benefit plans</a></td>
<td class="nump">82<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="nump">$ 4,209<span></span>
</td>
<td class="nump">$ 4,090<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Employee benefit net</a></td>
<td class="nump">1,125<span></span>
</td>
<td class="nump">1,254<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInFairValueOfPlanAssets', window );">Increase in fair value of the plan assets</a></td>
<td class="nump">304<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset', window );">Actual return on plans assets resulting to gain (losses)</a></td>
<td class="nump">$ 271<span></span>
</td>
<td class="nump">$ 173<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019', window );">Weighted average duration of the benefit obligation</a></td>
<td class="text">9 years 9 months 18 days<span></span>
</td>
<td class="text">10 years 6 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember', window );">Defined Benefit Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans', window );">Defined contribution plans</a></td>
<td class="nump">$ 178<span></span>
</td>
<td class="nump">$ 183<span></span>
</td>
<td class="nump">$ 166<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInDefinedBenefitObligations', window );">Increase in defined benefit obligations</a></td>
<td class="nump">$ 139<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_RetirementOrLeavingServicePlansMember', window );">Retirement or Leaving Service Plans [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans', window );">Number of defined benefit plans</a></td>
<td class="nump">64<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_MedicalCostPlansMember', window );">Medical Cost Plans [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans', window );">Number of defined benefit plans</a></td>
<td class="nump">14<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_MedicalCostPlansMember', window );">Medical Cost Plans [Member] | Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="nump">$ 105<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_OtherLongTermEmployeeBenefitPlansMember', window );">Other Long Term Employee Benefit Plans [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans', window );">Number of defined benefit plans</a></td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_ActiveEmployeesMember', window );">Active Employees [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="nump">$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_DeferredMember', window );">Deferred [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="nump">800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_MembersInRetirementMember', window );">Members in Retirement [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="nump">3,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_FundedDefinedBenefitPlansMember', window );">Funded Defined Benefit Plans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan', window );">Expected contribution towards defined benefit plans</a></td>
<td class="nump">103<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember', window );">Unfunded Defined Benefit Plans And Post Retirement Medical Plans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan', window );">Expected contribution towards defined benefit plans</a></td>
<td class="nump">$ 81<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInDefinedBenefitObligations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in defined benefit obligations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInDefinedBenefitObligations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInFairValueOfPlanAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in fair value of plan assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInFairValueOfPlanAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NumberOfPostemploymentBenefitDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of postemployment benefit defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NumberOfPostemploymentBenefitDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions that result in remeasurements of the net defined benefit liability (asset). Demographic assumptions deal with matters such as: (a) mortality; (b) rates of employee turnover, disability and early retirement; (c) the proportion of plan members with dependants who will be eligible for benefits; (d) the proportion of plan members who will select each form of payment option available under the plan terms; and (e) claim rates under medical plans. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The estimate of the expected contributions to be made to a defined benefit plan for the next annual reporting period. [Refer: Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 147<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_147_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 148<br> -Subparagraph d<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_148_d_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 211<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_211_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 211<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_211_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 53<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 203<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_203&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 203<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_203&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average duration of a defined benefit obligation. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 147<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_147_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageDurationOfDefinedBenefitObligation2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_RetirementOrLeavingServicePlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_RetirementOrLeavingServicePlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_MedicalCostPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_MedicalCostPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_OtherLongTermEmployeeBenefitPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_OtherLongTermEmployeeBenefitPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_ActiveEmployeesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_ActiveEmployeesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_DeferredMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_DeferredMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_MembersInRetirementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_MembersInRetirementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_FundedDefinedBenefitPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_FundedDefinedBenefitPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Net Liability for Post-employment and Long-term Employee Benefit Plans (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract', window );"><strong>Disclosure of defined benefit plans [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="num">$ (4,209)<span></span>
</td>
<td class="num">$ (4,090)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets</a></td>
<td class="nump">3,851<span></span>
</td>
<td class="nump">3,547<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SurplusDeficitInFundedPlan', window );">Present value of net obligations for funded plans</a></td>
<td class="num">(358)<span></span>
</td>
<td class="num">(543)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SurplusDeficitInUnfundedPlan', window );">Present value of unfunded obligations</a></td>
<td class="num">(562)<span></span>
</td>
<td class="num">(542)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SurplusDeficitInPlan', window );">Present value of net obligations</a></td>
<td class="num">(920)<span></span>
</td>
<td class="num">(1,085)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IrrecoverableSurplus', window );">Unrecognized asset</a></td>
<td class="num">(95)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
<td class="num">$ (38)<span></span>
</td>
<td class="num">$ (43)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus', window );">Net liability</a></td>
<td class="num">(1,015)<span></span>
</td>
<td class="num">(1,148)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Other long term employee benefits</a></td>
<td class="num">(110)<span></span>
</td>
<td class="num">(106)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net liability</a></td>
<td class="num">(1,125)<span></span>
</td>
<td class="num">(1,254)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract', window );"><strong>Employee benefits amounts in the statement of financial position:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan', window );">Liabilities</a></td>
<td class="num">(1,275)<span></span>
</td>
<td class="num">(1,296)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan', window );">Assets</a></td>
<td class="nump">150<span></span>
</td>
<td class="nump">42<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net liability</a></td>
<td class="num">$ (1,125)<span></span>
</td>
<td class="num">$ (1,254)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DefinedBenefitObligationExcludingIrrecoverableSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Defined benefit obligation excluding irrecoverable surplus.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DefinedBenefitObligationExcludingIrrecoverableSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IrrecoverableSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Irrecoverable surplus.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IrrecoverableSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>net defined benefit liability (asset) recognized in balance sheet [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetDefinedBenefitLiabilityAssetRecognizedInBalanceSheetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SurplusDeficitInFundedPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Surplus deficit in funded plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SurplusDeficitInFundedPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SurplusDeficitInUnfundedPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Surplus deficit in unfunded plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SurplusDeficitInUnfundedPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit asset. [Refer: Net defined benefit asset]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit liability. [Refer: Net defined benefit liability]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherLongtermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherLongtermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PlanAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PlanAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SurplusDeficitInPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of any plan assets, less the present value of the defined benefit obligation. [Refer: Plan assets [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SurplusDeficitInPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Changes in Present Value of Defined Benefit Obligations and Changes in Fair Value of Plan Assets (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 1 January</a></td>
<td class="num">$ (1,254)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Exchange differences</a></td>
<td class="nump">2,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 31 December</a></td>
<td class="num">(1,125)<span></span>
</td>
<td class="num">$ (1,254)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PresentValueOfDefinedBenefitObligationMember', window );">Present Value of Defined Benefit Obligation [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 1 January</a></td>
<td class="num">(4,632)<span></span>
</td>
<td class="num">(5,403)<span></span>
</td>
<td class="num">$ (5,191)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Current service costs</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(51)<span></span>
</td>
<td class="num">(50)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans', window );">Interest cost</a></td>
<td class="num">(275)<span></span>
</td>
<td class="num">(282)<span></span>
</td>
<td class="num">(302)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset', window );">Past service gain/(cost)</a></td>
<td class="num">(2)<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset', window );">Assets distributed on settlements</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">133<span></span>
</td>
<td class="nump">99<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset', window );">Benefits paid</a></td>
<td class="nump">389<span></span>
</td>
<td class="nump">432<span></span>
</td>
<td class="nump">469<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Contribution by plan participants</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans', window );">Actuarial gains/(losses) &#8211; demographic assumptions</a></td>
<td class="nump">42<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset', window );">Actuarial gains/(losses) &#8211; financial assumptions</a></td>
<td class="nump">35<span></span>
</td>
<td class="nump">267<span></span>
</td>
<td class="num">(220)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset', window );">Experience adjustments</a></td>
<td class="num">(40)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
<td class="num">(44)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Exchange differences</a></td>
<td class="num">(271)<span></span>
</td>
<td class="nump">288<span></span>
</td>
<td class="num">(182)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset', window );">Transfers and other movements</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 31 December</a></td>
<td class="num">(4,771)<span></span>
</td>
<td class="num">(4,632)<span></span>
</td>
<td class="num">(5,403)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PlanAssetsMember', window );">Plan Assets [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 1 January</a></td>
<td class="nump">3,547<span></span>
</td>
<td class="nump">3,882<span></span>
</td>
<td class="nump">3,807<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans', window );">Interest cost</a></td>
<td class="nump">208<span></span>
</td>
<td class="nump">199<span></span>
</td>
<td class="nump">217<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdministrativeCostDefinedBenefitLiabilityAsset', window );">Administration costs</a></td>
<td class="num">(16)<span></span>
</td>
<td class="num">(14)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset', window );">Assets distributed on settlements</a></td>
<td class="num">(17)<span></span>
</td>
<td class="num">(130)<span></span>
</td>
<td class="num">(97)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Return on plan assets exceeding interest income</a></td>
<td class="nump">63<span></span>
</td>
<td class="num">(26)<span></span>
</td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset', window );">Benefits paid</a></td>
<td class="num">(389)<span></span>
</td>
<td class="num">(432)<span></span>
</td>
<td class="num">(469)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset', window );">Contributions by AB InBev</a></td>
<td class="nump">274<span></span>
</td>
<td class="nump">267<span></span>
</td>
<td class="nump">218<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Contribution by plan participants</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Exchange differences</a></td>
<td class="nump">201<span></span>
</td>
<td class="num">(200)<span></span>
</td>
<td class="nump">127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset', window );">Transfers and other movements</a></td>
<td class="num">(22)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at 31 December</a></td>
<td class="nump">$ 3,851<span></span>
</td>
<td class="nump">$ 3,547<span></span>
</td>
<td class="nump">$ 3,882<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Actuarial gains losses arising from changes in experience adjustment net defined benefit liability asset.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ActuarialGainsLossesArisingFromChangesInExperienceAdjustmentNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdministrativeCostDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Administrative Cost Defined Benefit Liability Asset</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdministrativeCostDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, resulting from actuarial gains (losses) arising from changes in demographic assumptions that result in remeasurements of the net defined benefit liability (asset). Demographic assumptions deal with matters such as: (a) mortality; (b) rates of employee turnover, disability and early retirement; (c) the proportion of plan members with dependants who will be eligible for benefits; (d) the proportion of plan members who will select each form of payment option available under the plan terms; and (e) claim rates under medical plans. [Refer: Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetOfTaxDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions that result in remeasurements of the net defined benefit liability (asset). Financial assumptions deal with items such as: (a) the discount rate; (b) benefit levels, excluding any cost of the benefits to be met by employees, and future salary; (c) in the case of medical benefits, future medical costs, including claim handling costs (ie the costs that will be incurred in processing and resolving claims, including legal and adjuster's fees); and (d) taxes payable by the plan on contributions relating to service before the reporting date or on benefits resulting from that service. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_c_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in net defined benefit liability (asset) resulting from contributions to a defined benefit plan by the employer. [Refer: Net defined benefit liability (asset); Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes in foreign exchange rates. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 206<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_206_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from past service cost. Past service cost is the change in the present value of the defined benefit obligation for employee service in prior periods, resulting from a plan amendment (the introduction or withdrawal of, or changes to, a defined benefit plan) or a curtailment (a significant reduction by the entity in the number of employees covered by a plan). [Refer: Net defined benefit liability (asset); Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from payments from the plan. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from payments from the plan in respect of settlements. [Refer: Decrease (increase) in net defined benefit liability (asset) resulting from gains (losses) arising from settlements; Net defined benefit liability (asset); Defined benefit plans [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsInRespectOfSettlementsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plan assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [domain]; Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 207<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_207_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PresentValueOfDefinedBenefitObligationMember</td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PlanAssetsMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Changes in Unrecognized Assets (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract', window );"><strong>Disclosure of changes in unrecognized assets of defined benefit plans [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IrrecoverableSurplus', window );">Irrecoverable surplus impact at 1 January</a></td>
<td class="num">$ (63)<span></span>
</td>
<td class="num">$ (38)<span></span>
</td>
<td class="num">$ (43)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IrrecoverableSurplusInterestExpense', window );">Interest expense</a></td>
<td class="num">(7)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IrrecoverableSurplusChange', window );">Changes excluding amounts included in interest expense</a></td>
<td class="num">(25)<span></span>
</td>
<td class="num">(21)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IrrecoverableSurplus', window );">Irrecoverable surplus impact at 31 December</a></td>
<td class="num">$ (95)<span></span>
</td>
<td class="num">$ (63)<span></span>
</td>
<td class="num">$ (38)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of changes in unrecognized assets of defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IrrecoverableSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Irrecoverable surplus.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IrrecoverableSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IrrecoverableSurplusChange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Irrecoverable surplus change.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IrrecoverableSurplusChange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IrrecoverableSurplusInterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Irrecoverable surplus interest expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IrrecoverableSurplusInterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Employee Benefit Expense Recognized in Income Statement (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">$ (139)<span></span>
</td>
<td class="num">$ (151)<span></span>
</td>
<td class="num">$ (150)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember', window );">Cost of sales [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">(20)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
<td class="num">(18)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember', window );">Distribution expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">(8)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember', window );">Sales and marketing expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">(14)<span></span>
</td>
<td class="num">(14)<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember', window );">Administrative expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(18)<span></span>
</td>
<td class="num">(21)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExpenseCategoriesAxis=bud_NetFinanceCostMember', window );">Net finance cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">(74)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember', window );">Defined Benefit Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems', window );"><strong>Disclosure Of Employee Benefit Expenses [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EmployeeBenefitsExpenseCurrentServiceCost', window );">Current service costs</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(51)<span></span>
</td>
<td class="num">(50)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EmployeeBenefitsExpenseAdministrativeExpenses', window );">Administration costs</a></td>
<td class="num">(16)<span></span>
</td>
<td class="num">(18)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EmployeeBenefitsExpensePastServiceCosts', window );">Past service cost due to plan amendments, curtailments or settlements</a></td>
<td class="num">(2)<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges', window );">(Losses)/gains due to experience and demographic assumption changes</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EmployeeBenefitsExpenseProfitLossFromOperations', window );">Profit from operations</a></td>
<td class="num">(65)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
<td class="num">(61)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EmployeeBenefitsExpenseNetFinanceCost', window );">Net finance cost</a></td>
<td class="num">(74)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">Total employee benefit expense</a></td>
<td class="num">$ (139)<span></span>
</td>
<td class="num">$ (151)<span></span>
</td>
<td class="num">$ (150)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfEmployeeBenefitExpensesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Employee Benefit Expenses [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfEmployeeBenefitExpensesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EmployeeBenefitsExpenseAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Employee (benefits) expense administrative expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EmployeeBenefitsExpenseAdministrativeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EmployeeBenefitsExpenseCurrentServiceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Employee (benefits) expense current service cost.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EmployeeBenefitsExpenseCurrentServiceCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EmployeeBenefitsExpenseNetFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Employee benefits expense net finance cost.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EmployeeBenefitsExpenseNetFinanceCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EmployeeBenefitsExpensePastServiceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Employee (benefits) expense past service costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EmployeeBenefitsExpensePastServiceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EmployeeBenefitsExpenseProfitLossFromOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Employee benefits expense profit loss from operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EmployeeBenefitsExpenseProfitLossFromOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gains loss on due to experience and demographic assumption changes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GainsLossOnDueToExperienceAndDemographicAssumptionChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 133<br> -Subparagraph a<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_133_a_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 104<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_CostOfSalesGoodsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_DistributionExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_SalesAndMarketingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_AdministrativeExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExpenseCategoriesAxis=bud_NetFinanceCostMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExpenseCategoriesAxis=bud_NetFinanceCostMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_DefinedBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
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<SEQUENCE>145
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Weighted Average Assumptions Used in Computing Benefit Obligations (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">5.50%<span></span>
</td>
<td class="nump">5.70%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">86 years<span></span>
</td>
<td class="text">86 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">87 years<span></span>
</td>
<td class="text">88 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">6.30%<span></span>
</td>
<td class="nump">6.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">4.50%<span></span>
</td>
<td class="nump">4.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CA', window );">Canada [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">4.70%<span></span>
</td>
<td class="nump">4.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">4.50%<span></span>
</td>
<td class="nump">4.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CA', window );">Canada [member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">87 years<span></span>
</td>
<td class="text">87 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CA', window );">Canada [member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">89 years<span></span>
</td>
<td class="text">89 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">9.30%<span></span>
</td>
<td class="nump">10.80%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="nump">4.30%<span></span>
</td>
<td class="nump">4.30%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">85 years<span></span>
</td>
<td class="text">85 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">88 years<span></span>
</td>
<td class="text">88 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">11.00%<span></span>
</td>
<td class="nump">11.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="nump">4.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">7.10%<span></span>
</td>
<td class="nump">7.10%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">85 years<span></span>
</td>
<td class="text">85 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">88 years<span></span>
</td>
<td class="text">88 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6.70%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">5.50%<span></span>
</td>
<td class="nump">5.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">3.20%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">3.10%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">85 years<span></span>
</td>
<td class="text">86 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">87 years<span></span>
</td>
<td class="text">89 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Price inflation</a></td>
<td class="nump">2.50%<span></span>
</td>
<td class="nump">2.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="nump">3.70%<span></span>
</td>
<td class="nump">3.60%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="nump">2.60%<span></span>
</td>
<td class="nump">2.80%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ABInBevMember', window );">AB InBev [member] | Male [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">86 years<span></span>
</td>
<td class="text">86 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ABInBevMember', window );">AB InBev [member] | Female [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ActuarialAssumptionOfLifeExpectancy', window );">Life expectation for a 65 year old</a></td>
<td class="text">88 years<span></span>
</td>
<td class="text">88 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ABInBevMember', window );">AB InBev [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">6.30%<span></span>
</td>
<td class="nump">6.30%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ABInBevMember', window );">AB InBev [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems', window );"><strong>Disclosure of Weighted average assumptions used to determine benefit obligations [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">5.90%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Actuarial assumption of life expectancy.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ActuarialAssumptionOfLifeExpectancy</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:durationItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent weighted average assumptions used to determine benefit obligations,</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfWeightedAverageAssumptionsUsedToDetermineBenefitObligationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfDiscountRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfDiscountRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [domain]; Defined benefit obligation, at present value; Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of increases in pension that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [domain]; Defined benefit obligation, at present value; Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [domain]; Defined benefit obligation, at present value; Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Medical cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates</td>
</tr>
<tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td></td>
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<td></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_MaleMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td></td>
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<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_FemaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_FemaleMember</td>
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<td></td>
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<td><strong> Data Type:</strong></td>
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<td></td>
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<td></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
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<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CA</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MX</td>
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<tr>
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<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_GB</td>
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<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_ABInBevMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Sensitivity Analysis of Defined Benefit Obligation for Weighted Principle Assumption (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember', window );">Discount Rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems', window );"><strong>Disclosure of sensitivity analysis for actuarial assumptions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="num">$ (217)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="nump">$ 236<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=bud_ActuarialAssumptionOfPriceInflationMember', window );">Price inflation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems', window );"><strong>Disclosure of sensitivity analysis for actuarial assumptions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="nump">$ 97<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="num">$ (96)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember', window );">Future Salary Increases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems', window );"><strong>Disclosure of sensitivity analysis for actuarial assumptions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="nump">$ 19<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="num">$ (18)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember', window );">Medical Cost Trend Rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems', window );"><strong>Disclosure of sensitivity analysis for actuarial assumptions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="nump">$ 20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="num">$ (17)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=bud_ActualAssumptionOfMortalityRateMember', window );">Actual Assumption Of Mortality Rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems', window );"><strong>Disclosure of sensitivity analysis for actuarial assumptions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption</a></td>
<td class="text">One&#160;year<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="nump">$ 130<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="num">$ (132)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Longevity of reasonably possible increase in actuarial assumption.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_LongevityOfReasonablyPossibleIncreaseInActuarialAssumption</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by a decrease in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by an increase in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the increase in the actuarial assumption used to determine the present value of defined benefit obligation. [Refer: Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=bud_ActuarialAssumptionOfPriceInflationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=bud_ActuarialAssumptionOfPriceInflationMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=bud_ActualAssumptionOfMortalityRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=bud_ActualAssumptionOfMortalityRateMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pensions and similar obligations - Summary of Fair Value of Plan Assets (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_GovernmentBondsMember', window );">Government Bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">36.00%<span></span>
</td>
<td class="nump">37.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_CorporateBondsMember', window );">Corporate Bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">36.00%<span></span>
</td>
<td class="nump">28.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_EquityInstrumentsMember', window );">Equity instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">22.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_PropertyMember', window );">Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_InsuranceContractsAndOthersMember', window );">Insurance Contracts and Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember', window );">Quoted [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">93.00%<span></span>
</td>
<td class="nump">90.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember', window );">Quoted [Member] | Government Bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">36.00%<span></span>
</td>
<td class="nump">37.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember', window );">Quoted [Member] | Corporate Bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">36.00%<span></span>
</td>
<td class="nump">27.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember', window );">Quoted [Member] | Equity instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">22.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember', window );">Quoted [Member] | Insurance Contracts and Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">4.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_UnquotedPlanAssetsMember', window );">Unquoted [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_UnquotedPlanAssetsMember', window );">Unquoted [Member] | Corporate Bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_UnquotedPlanAssetsMember', window );">Unquoted [Member] | Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=bud_UnquotedPlanAssetsMember', window );">Unquoted [Member] | Insurance Contracts and Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems', window );"><strong>Disclosure of fair value of plan assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage', window );">Fair value of plan assets</a></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DefinedBenefitPlanAssetsTargetAllocationPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Defined benefit plan assets target allocation percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DefinedBenefitPlanAssetsTargetAllocationPercentage</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>dtr-types:percentItemType</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueOfPlanAssetsLineItems</td>
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<td>xbrli:stringItemType</td>
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<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_GovernmentBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_GovernmentBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_CorporateBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_CorporateBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_EquityInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_EquityInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_PropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_PropertyMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_InsuranceContractsAndOthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_InsuranceContractsAndOthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=bud_QuotedPlanAssetsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=bud_UnquotedPlanAssetsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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</div>
</body>
</html>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Additional Information (Detail)<br> shares in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees', window );">Share-based payment transactions expense</a></td>
<td class="nump">$ 625<span></span>
</td>
<td class="nump">$ 644<span></span>
</td>
<td class="nump">$ 570<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments', window );">Percentage of discount on market price of share for share based payments</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Share-based compensation number of shares issued | shares</a></td>
<td class="nump">1,975.0<span></span>
</td>
<td class="nump">1,984.0<span></span>
</td>
<td class="nump">1,984.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Share-based compensation number of shares issued | shares</a></td>
<td class="nump">2.1<span></span>
</td>
<td class="nump">1.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 128<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member] | Budweiser APAC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Number of other equity instruments granted in share-based payment arrangement</a></td>
<td class="nump">29,800,000<span></span>
</td>
<td class="nump">30,800,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member] | Bottom of range [member] | Budweiser APAC [Member] | Performance Test [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ShareBasedCompensationByShareBasedAwardVestingTerm', window );">Share based compensation by share based award vesting term</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member] | Top of range [member] | Budweiser APAC [Member] | Performance Test [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ShareBasedCompensationByShareBasedAwardVestingTerm', window );">Share based compensation by share based award vesting term</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member] | AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement', window );">Stock options granted | shares</a></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">0.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted', window );">Fair value of stock options granted</a></td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_DiscretionaryRestrictedStockUnitsPlanMember', window );">Discretionary Restricted Stock Units Plan [Member] | Budweiser APAC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Number of other equity instruments granted in share-based payment arrangement | shares</a></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_NewRestrictedStockUnitsPlanMember', window );">New Restricted Stock Units Plan [Member] | Budweiser APAC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of discount on market price of share for share based payments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ShareBasedCompensationByShareBasedAwardVestingTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Share based compensation by share based award vesting term.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ShareBasedCompensationByShareBasedAwardVestingTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at the measurement date of granted equity instruments other than share options. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value of share options granted during the period at the measurement date. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis=bud_BudweiserApacMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - LTI Stock Option Plan Executives - Additional Information (Detail)<br> Unit_pure in Thousands, shares in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>shares</div>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Issued ordinary and restricted shares at 1 January, net of treasury shares | shares</a></td>
<td class="nump">1,975.0<span></span>
</td>
<td class="nump">1,984.0<span></span>
</td>
<td class="nump">1,984.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Issued ordinary and restricted shares at 1 January, net of treasury shares | shares</a></td>
<td class="nump">2.1<span></span>
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<td class="nump">1.6<span></span>
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<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 128<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Long Term Incentive Restricted Stock Unit [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfShareToAcquireByHolder', window );">Description of share to acquire by holder</a></td>
<td class="text">one<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Long Term Incentive Restricted Stock Unit [member] | Executive [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">3,100<span></span>
</td>
<td class="nump">4,400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 191<span></span>
</td>
<td class="nump">$ 239<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Long Term Incentive Restricted Stock Unit [member] | Board of Director [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Issued ordinary and restricted shares at 1 January, net of treasury shares | shares</a></td>
<td class="nump">0.2<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Long Term Incentive Performance Share Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 35<span></span>
</td>
<td class="nump">$ 45<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Long Term Incentive Performance Share Units [member] | Executive [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">400<span></span>
</td>
<td class="nump">800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_AnnualLtiPlansMember', window );">Annual LTI Plans [member] | Performance share units (PSUs) [member] | Board of Director [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">60<span></span>
</td>
<td class="nump">134<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember', window );">Other Recurring LTI RSU Plans [member] | Long Term Restricted Stock Unit Program One [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted', window );">Fair value of options granted</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember', window );">Other Recurring LTI RSU Plans [member] | Long Term Restricted Stock Unit Program One [member] | Three Year Vesting [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted', window );">Fair value of options granted</a></td>
<td class="nump">$ 42<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember', window );">Other Recurring LTI RSU Plans [member] | Long Term Restricted Stock Unit Program One [member] | Five Year Vesting [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted', window );">Fair value of options granted</a></td>
<td class="nump">$ 62<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">2,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember', window );">Other Recurring LTI RSU Plans [member] | Restricted Stock Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued | shares</a></td>
<td class="nump">0.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DescriptionOfShareToAcquireByHolder">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of share to acquire by holder.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfShareToAcquireByHolder</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at the measurement date of granted equity instruments other than share options. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value of share options granted during the period at the measurement date. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PlanAxis=bud_AnnualLtiPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PlanAxis=bud_AnnualLtiPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermIncentiveRestrictedStockUnitMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermIncentiveRestrictedStockUnitMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_ExecutivesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_ExecutivesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_BoardOfDirectorMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_BoardOfDirectorMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermIncentivePerformanceShareUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermIncentivePerformanceShareUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_PerformanceShareUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_PerformanceShareUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PlanAxis=bud_OtherRecurringLtiRsuPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermRestrictedStockUnitProgramOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_LongTermRestrictedStockUnitProgramOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_VestingPeriodAxis=bud_ThreeYearVestingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_VestingPeriodAxis=bud_ThreeYearVestingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_VestingPeriodAxis=bud_FiveYearVestingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_VestingPeriodAxis=bud_FiveYearVestingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>150
<FILENAME>R139.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Share-Based Payments - Other Programs - Additional Information (Detail) - 12 months ended Dec. 31, 2025<br></strong></div></th>
<th class="th"><div>EUR (&#8364;)</div></th>
<th class="th"><div>USD ($)</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants', window );">Weighted average remaining contractual life of options and warrants (in Years)</a></td>
<td class="text">3.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants', window );">Exercise price of outstanding options and warrants</a></td>
<td class="nump">&#8364; 40.4<span></span>
</td>
<td class="nump">$ 47.47<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants', window );">Exercise price of outstanding options and warrants</a></td>
<td class="nump">&#8364; 113.25<span></span>
</td>
<td class="nump">$ 133.07<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExercisePriceOfOutstandingShareOptionsAndWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exercise price of outstanding share options and warrants.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExercisePriceOfOutstandingShareOptionsAndWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average remaining contractual life of outstanding share options and warrants.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>151
<FILENAME>R140.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Summary of Number of Options Outstanding (Detail)<br> Unit_pure in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member] | Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems', window );"><strong>Disclosure of information about options outstanding [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOutstandingShareOptions', window );">Options outstanding at 1 January</a></td>
<td class="nump">72.5<span></span>
</td>
<td class="nump">88.0<span></span>
</td>
<td class="nump">99.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement', window );">Options forfeited during the year</a></td>
<td class="num">(12.3)<span></span>
</td>
<td class="num">(15.5)<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOutstandingShareOptions', window );">Options outstanding at the end of December</a></td>
<td class="nump">60.2<span></span>
</td>
<td class="nump">72.5<span></span>
</td>
<td class="nump">88.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems', window );"><strong>Disclosure of information about options outstanding [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOutstandingShareOptions', window );">Options outstanding at 1 January</a></td>
<td class="nump">69.2<span></span>
</td>
<td class="nump">75.8<span></span>
</td>
<td class="nump">83.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement', window );">Options exercised during the year</a></td>
<td class="num">(7.9)<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="num">(2.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement', window );">Options forfeited during the year</a></td>
<td class="num">(14.3)<span></span>
</td>
<td class="num">(2.9)<span></span>
</td>
<td class="num">(1.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement', window );">Options lapsed during the year</a></td>
<td class="num">(3.6)<span></span>
</td>
<td class="num">(3.7)<span></span>
</td>
<td class="num">(3.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOutstandingShareOptions', window );">Options outstanding at the end of December</a></td>
<td class="nump">43.4<span></span>
</td>
<td class="nump">69.2<span></span>
</td>
<td class="nump">75.8<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfInformationAboutOptionsOutstandingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents information about options outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfInformationAboutOptionsOutstandingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfOutstandingShareOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options outstanding in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOutstandingShareOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options exercised in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options expired in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options forfeited in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_ABInBevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_ABInBevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Summary of Weighted Average Exercise Price of Options (Detail) - $ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems', window );"><strong>Disclosure of options weighted average exercise price [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Options outstanding at 1 January</a></td>
<td class="nump">$ 2.95<span></span>
</td>
<td class="nump">$ 3.89<span></span>
</td>
<td class="nump">$ 3.72<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019', window );">Forfeited during the year</a></td>
<td class="nump">3.34<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">4.68<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Outstanding at the end of December</a></td>
<td class="nump">3.44<span></span>
</td>
<td class="nump">2.95<span></span>
</td>
<td class="nump">3.89<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019', window );">Exercisable at the end of December</a></td>
<td class="nump">3.44<span></span>
</td>
<td class="nump">2.95<span></span>
</td>
<td class="nump">3.94<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_ABInBevMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems', window );"><strong>Disclosure of options weighted average exercise price [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Options outstanding at 1 January</a></td>
<td class="nump">71.59<span></span>
</td>
<td class="nump">79.46<span></span>
</td>
<td class="nump">76.04<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019', window );">Exercised during the year</a></td>
<td class="nump">47.47<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">29.96<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019', window );">Forfeited during the year</a></td>
<td class="nump">113<span></span>
</td>
<td class="nump">75.45<span></span>
</td>
<td class="nump">67.66<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019', window );">Lapsed during the year</a></td>
<td class="nump">129.02<span></span>
</td>
<td class="nump">102.1<span></span>
</td>
<td class="nump">96.27<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Outstanding at the end of December</a></td>
<td class="nump">71.06<span></span>
</td>
<td class="nump">71.59<span></span>
</td>
<td class="nump">79.46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019', window );">Exercisable at the end of December</a></td>
<td class="nump">$ 71.06<span></span>
</td>
<td class="nump">$ 93.25<span></span>
</td>
<td class="nump">$ 108.11<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfOptionsWeightedAverageExercisePriceLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents information about options weighted average exercise price.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options exercisable in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019</td>
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<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options exercised in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options expired in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_v&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options forfeited in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options outstanding in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_31_b_vi&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
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<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td></td>
</tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Summary of Number of Outstanding Deferred and Restricted stock Units (Detail) - Restricted Stock Units And Performance Stock Units [Member]<br> Unit_pure in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsAndPerformanceStockUnitsMember', window );">AB InBev [member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOtherEquityInstrumentsLineItems', window );"><strong>Disclosure of other equity instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">31.2<span></span>
</td>
<td class="nump">29.0<span></span>
</td>
<td class="nump">28.7<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">RSUs and PSUs issued during the year</a></td>
<td class="nump">9.7<span></span>
</td>
<td class="nump">7.3<span></span>
</td>
<td class="nump">5.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement', window );">RSUs and PSUs vested during the year</a></td>
<td class="num">(14.9)<span></span>
</td>
<td class="num">(4.1)<span></span>
</td>
<td class="num">(4.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement', window );">RSUs and PSUs forfeited during the year</a></td>
<td class="num">(0.8)<span></span>
</td>
<td class="num">(1.1)<span></span>
</td>
<td class="num">(1.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement', window );">RSUs and PSUs outstanding at the end of December</a></td>
<td class="nump">25.2<span></span>
</td>
<td class="nump">31.2<span></span>
</td>
<td class="nump">29.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsAndPerformanceStockUnitsMember', window );">Brazil [Member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfOtherEquityInstrumentsLineItems', window );"><strong>Disclosure of other equity instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement', window );">RSUs and PSUs outstanding at 1 January</a></td>
<td class="nump">120.4<span></span>
</td>
<td class="nump">120.0<span></span>
</td>
<td class="nump">109.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">RSUs and PSUs issued during the year</a></td>
<td class="nump">33.9<span></span>
</td>
<td class="nump">25.6<span></span>
</td>
<td class="nump">33.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement', window );">RSUs and PSUs vested during the year</a></td>
<td class="num">(48.7)<span></span>
</td>
<td class="num">(20.3)<span></span>
</td>
<td class="num">(18.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement', window );">RSUs and PSUs forfeited during the year</a></td>
<td class="num">(4.8)<span></span>
</td>
<td class="num">(4.9)<span></span>
</td>
<td class="num">(5.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement', window );">RSUs and PSUs outstanding at the end of December</a></td>
<td class="nump">100.8<span></span>
</td>
<td class="nump">120.4<span></span>
</td>
<td class="nump">120.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfOtherEquityInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items of other equity instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfOtherEquityInstrumentsLineItems</td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:decimalItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) exercised or vested in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) forfeited in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) outstanding in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsAndPerformanceStockUnitsMember</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_ABInBevMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
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<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Ambev Share-Based Payment Programs - Additional Information (Detail)<br> $ / shares in Units, Unit_pure in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($) </div>
<div>$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>R$ / shares</div>
</th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<td class="text">2 years 2 months 12 days<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding options and warrants | (per share)</a></td>
<td class="nump">$ 2.97<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 16.34<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019', window );">Exercise price of outstanding options and warrants | (per share)</a></td>
<td class="nump">$ 4.07<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 22.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 128<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember', window );">Restricted Stock Units [member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation number of shares issued</a></td>
<td class="nump">33.9<span></span>
</td>
<td class="nump">25.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 79<span></span>
</td>
<td class="nump">$ 61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_AmbevSharebasedCompensationProgramMember', window );">Ambev ShareBased Compensation Program [Member] | Bottom of range [member] | 2018 Share-Based Compensation Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfShareBasedCompensationVestingPeriod', window );">Vesting period</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_AmbevSharebasedCompensationProgramMember', window );">Ambev ShareBased Compensation Program [Member] | Top of range [member] | 2018 Share-Based Compensation Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems', window );"><strong>Disclosure of terms and conditions of share-based payment arrangement [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DescriptionOfShareBasedCompensationVestingPeriod', window );">Vesting period</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DescriptionOfShareBasedCompensationVestingPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Description of share based compensation vesting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DescriptionOfShareBasedCompensationVestingPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Weighted average remaining contractual life of outstanding share options period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExercisePriceOfOutstandingShareOptions2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exercise price of outstanding share options.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExercisePriceOfOutstandingShareOptions2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at the measurement date of granted equity instruments other than share options. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_RestrictedStockUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_AmbevSharebasedCompensationProgramMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_AmbevSharebasedCompensationProgramMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PlanAxis=bud_TwoThousandEighteenShareBasedCompensationPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PlanAxis=bud_TwoThousandEighteenShareBasedCompensationPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>155
<FILENAME>R144.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Share-Based Payments - Bud Apac Share-Based Compensation Program (Detail) - Budweiser APAC [Member] - Share-Based Compensation Plan [member]<br> Unit_pure in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfShareBasedCompensationProgramLineItems', window );"><strong>Disclosure Of Share Based Compensation Program [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">9.2<span></span>
</td>
<td class="nump">8.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted', window );">Share-based compensation grant date fair value</a></td>
<td class="nump">$ 11<span></span>
</td>
<td class="nump">$ 14<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfShareBasedCompensationProgramLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Share Based Compensation Program.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfShareBasedCompensationProgramLineItems</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at the measurement date of granted equity instruments other than share options. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_BudweiserApacMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_ShareBasedCompensationPlanMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>156
<FILENAME>R145.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions - Summary of Provisions by Class (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Beginning balance</a></td>
<td class="nump">$ 576<span></span>
</td>
<td class="nump">$ 589<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of movements in foreign exchange</a></td>
<td class="nump">41<span></span>
</td>
<td class="num">(61)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions made</a></td>
<td class="nump">276<span></span>
</td>
<td class="nump">218<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(170)<span></span>
</td>
<td class="num">(117)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnusedProvisionReversedAndRecoveredOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(88)<span></span>
</td>
<td class="num">(69)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ChangesInOtherProvisions', window );">Other movements</a></td>
<td class="num">(17)<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Ending balance</a></td>
<td class="nump">617<span></span>
</td>
<td class="nump">576<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Beginning balance</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">69<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of movements in foreign exchange</a></td>
<td class="nump">6<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions made</a></td>
<td class="nump">29<span></span>
</td>
<td class="nump">51<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(40)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnusedProvisionReversedAndRecoveredOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(15)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ChangesInOtherProvisions', window );">Other movements</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Ending balance</a></td>
<td class="nump">41<span></span>
</td>
<td class="nump">62<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember', window );">Disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Beginning balance</a></td>
<td class="nump">472<span></span>
</td>
<td class="nump">476<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of movements in foreign exchange</a></td>
<td class="nump">34<span></span>
</td>
<td class="num">(58)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions made</a></td>
<td class="nump">247<span></span>
</td>
<td class="nump">158<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(122)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnusedProvisionReversedAndRecoveredOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(73)<span></span>
</td>
<td class="num">(68)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ChangesInOtherProvisions', window );">Other movements</a></td>
<td class="num">(15)<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Ending balance</a></td>
<td class="nump">543<span></span>
</td>
<td class="nump">472<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Other [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Beginning balance</a></td>
<td class="nump">43<span></span>
</td>
<td class="nump">44<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of movements in foreign exchange</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions made</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(8)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_UnusedProvisionReversedAndRecoveredOtherProvisions', window );">Provisions reversed</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ChangesInOtherProvisions', window );">Other movements</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Ending balance</a></td>
<td class="nump">$ 33<span></span>
</td>
<td class="nump">$ 43<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_UnusedProvisionReversedAndRecoveredOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Unused provision reversed and recovered other provisions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_UnusedProvisionReversedAndRecoveredOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ChangesInOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2025-01-01<br> -Paragraph 84<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 257<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_257&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 257<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_257&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ChangesInOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherProvisionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in other provisions resulting from foreign currency exchange rate changes on provisions measured in a currency different from the entity's presentation currency. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2025-01-01<br> -Paragraph 84<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NewProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognised for new other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2025-01-01<br> -Paragraph 84<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NewProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2025-01-01<br> -Paragraph 84<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 257<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_257_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 257<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_257_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Provisions - Summary of Provisions are Expected to be Settled Within the Following Time Windows (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">$ 617<span></span>
</td>
<td class="nump">$ 576<span></span>
</td>
<td class="nump">$ 589<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">41<span></span>
</td>
<td class="nump">62<span></span>
</td>
<td class="nump">69<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_IncomeAndIndirectTaxesDisputesProvisionMember', window );">Indirect taxes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">127<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_LaborDisputesProvisionMember', window );">Labor [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">104<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_CommercialDisputesProvisionMember', window );">Commercial [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">57<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_ExciseDutiesMember', window );">Excise duties [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_OtherDisputesProvisionMember', window );">Other disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">246<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember', window );">Disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">543<span></span>
</td>
<td class="nump">472<span></span>
</td>
<td class="nump">476<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Other provisions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">33<span></span>
</td>
<td class="nump">$ 43<span></span>
</td>
<td class="nump">$ 44<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">192<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Restructuring [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Indirect taxes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">29<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Labor [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Commercial [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Excise duties [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Other disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">142<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Other provisions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">425<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Restructuring [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Indirect taxes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">98<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Labor [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">71<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Commercial [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">39<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Excise duties [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Other disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">185<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Disputes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">401<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">After 1 year [member] | Other provisions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems', window );"><strong>Disclosure Of Schedule To Settle Provisions [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">$ 13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfScheduleToSettleProvisionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Schedule To Settle Provisions [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfScheduleToSettleProvisionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_IncomeAndIndirectTaxesDisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_IncomeAndIndirectTaxesDisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_LaborDisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_LaborDisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_CommercialDisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_CommercialDisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_ExciseDutiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_ExciseDutiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_OtherDisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_OtherDisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=bud_DisputesProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>158
<FILENAME>R147.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and Other Payables - Summary of Trade and Other Payables (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeAndOtherPayablesAbstract', window );"><strong>Disclosure of trade and other payables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentValueAddedTaxPayables', window );">Indirect taxes payable</a></td>
<td class="nump">$ 108<span></span>
</td>
<td class="nump">$ 93<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">671<span></span>
</td>
<td class="nump">424<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent', window );">Deferred consideration on acquisitions</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">221<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables</a></td>
<td class="nump">69<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Non-current trade and other payables</a></td>
<td class="nump">869<span></span>
</td>
<td class="nump">797<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables and accrued expenses</a></td>
<td class="nump">17,055<span></span>
</td>
<td class="nump">16,010<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Payroll and social security payables</a></td>
<td class="nump">1,606<span></span>
</td>
<td class="nump">1,623<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentValueAddedTaxPayables', window );">Indirect taxes payable</a></td>
<td class="nump">3,021<span></span>
</td>
<td class="nump">2,560<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentInterestPayable', window );">Interest payable</a></td>
<td class="nump">1,369<span></span>
</td>
<td class="nump">1,336<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ConsignedPackagingPayable', window );">Consigned packaging</a></td>
<td class="nump">1,093<span></span>
</td>
<td class="nump">1,017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentDividendPayables', window );">Dividends payable</a></td>
<td class="nump">610<span></span>
</td>
<td class="nump">767<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent', window );">Deferred consideration on acquisitions</a></td>
<td class="nump">223<span></span>
</td>
<td class="nump">69<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables and deferred income</a></td>
<td class="nump">479<span></span>
</td>
<td class="nump">422<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Current trade and other payables</a></td>
<td class="nump">$ 25,455<span></span>
</td>
<td class="nump">$ 23,804<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ConsignedPackagingPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Consigned packaging payable</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ConsignedPackagingPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredConsiderationOnAcquisitionsPayablesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred consideration on acquisitions payables current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredConsiderationOnAcquisitionsPayablesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred consideration on acquisitions payables non-current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredConsiderationOnAcquisitionsPayablesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfTradeAndOtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of trade and other payables [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfTradeAndOtherPayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current dividend payables. [Refer: Dividend payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current interest payable. [Refer: Interest payable]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInterestPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables on social security and taxes other than incomes tax. [Refer: Payables on social security and taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentValueAddedTaxPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current value added tax payables. [Refer: Value added tax payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentValueAddedTaxPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of payment due to suppliers for goods and services used in the entity's business. [Refer: Trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentValueAddedTaxPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current value added tax payables. [Refer: Value added tax payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentValueAddedTaxPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and Other Payables - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeAndOtherPayablesLineItems', window );"><strong>Disclosure of trade and other payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredConsiderationOnAcquisitions', window );">Deferred consideration on acquisitions</a></td>
<td class="nump">$ 29<span></span>
</td>
<td class="nump">$ 23<span></span>
</td>
<td class="nump">$ 54<span></span>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_SupplierMember', window );">Supplier [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeAndOtherPayablesLineItems', window );"><strong>Disclosure of trade and other payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmountsPayableRelatedPartyTransactions', window );">Reverse factoring arrangements with suppliers</a></td>
<td class="nump">41<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=bud_AmbevAndELeonJimenesSAMember', window );">Ambev And E Leon Jimenes Sa [member] | Written Put Options [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfTradeAndOtherPayablesLineItems', window );"><strong>Disclosure of trade and other payables [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DeferredConsiderationOnAcquisitions', window );">Deferred consideration on acquisitions</a></td>
<td class="nump">$ 200<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DeferredConsiderationOnAcquisitions">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Deferred consideration on acquisitions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DeferredConsiderationOnAcquisitions</td>
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<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfTradeAndOtherPayablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with disclosure of trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfTradeAndOtherPayablesLineItems</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts payable resulting from related party transactions. [Refer: Total for all related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 230<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_230_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 230<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_230_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountsPayableRelatedPartyTransactions</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_SupplierMember</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising From Financial Instruments - Disclosure of Financial Assets And Liabilities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">$ 17,070<span></span>
</td>
<td class="nump">$ 15,918<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="nump">343<span></span>
</td>
<td class="nump">247<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">825<span></span>
</td>
<td class="nump">927<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">18,239<span></span>
</td>
<td class="nump">17,092<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">93,184<span></span>
</td>
<td class="nump">90,497<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">7,143<span></span>
</td>
<td class="nump">7,735<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">686<span></span>
</td>
<td class="nump">147<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">101,013<span></span>
</td>
<td class="nump">98,379<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_TradesAndOtherPayablesMember', window );">Trade and other payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">21,348<span></span>
</td>
<td class="nump">20,037<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">241<span></span>
</td>
<td class="nump">288<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">21,589<span></span>
</td>
<td class="nump">20,325<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentInterestBearingLoansAndBorrowingsMember', window );">Non-current&#160;interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">70,938<span></span>
</td>
<td class="nump">69,011<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">1,191<span></span>
</td>
<td class="nump">1,709<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">72,128<span></span>
</td>
<td class="nump">70,720<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentInterestBearingLoansAndBorrowingsMember', window );">Current&#160;interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">885<span></span>
</td>
<td class="nump">1,449<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">885<span></span>
</td>
<td class="nump">1,449<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_BankOverdraftMember', window );">Bank Overdrafts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember', window );">Equity swaps [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">5,481<span></span>
</td>
<td class="nump">5,614<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">5,481<span></span>
</td>
<td class="nump">5,614<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_ForeignExchangeDerivativesMember', window );">Foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">127<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">435<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">563<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_OtherCommodityDerivativesMember', window );">Commodity derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">46<span></span>
</td>
<td class="nump">70<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">46<span></span>
</td>
<td class="nump">70<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CrosscurrencyInterestRateSwapsMember', window );">Cross currency interest rate swaps [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">205<span></span>
</td>
<td class="nump">55<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">205<span></span>
</td>
<td class="nump">55<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_InterestRateSwapContractMember', window );">Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">102<span></span>
</td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">102<span></span>
</td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentFinancialLiabilitiesMember', window );">Non-current financial liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">71,678<span></span>
</td>
<td class="nump">69,494<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">1,320<span></span>
</td>
<td class="nump">1,933<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">183<span></span>
</td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">73,182<span></span>
</td>
<td class="nump">71,492<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentFinancialLiabilitiesMember', window );">Current financial liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="nump">21,506<span></span>
</td>
<td class="nump">21,003<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="nump">5,822<span></span>
</td>
<td class="nump">5,802<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial liabilities at fair value through OCI</a></td>
<td class="nump">503<span></span>
</td>
<td class="nump">82<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="nump">27,831<span></span>
</td>
<td class="nump">26,887<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CashAndCashEquivalentMember', window );">Cash and cash equivalents [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">11,638<span></span>
</td>
<td class="nump">11,174<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">11,638<span></span>
</td>
<td class="nump">11,174<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade and other receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">5,406<span></span>
</td>
<td class="nump">4,714<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">5,406<span></span>
</td>
<td class="nump">4,714<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_InvestmentSecuritiesMember', window );">Investment securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">27<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="nump">306<span></span>
</td>
<td class="nump">221<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">134<span></span>
</td>
<td class="nump">138<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">467<span></span>
</td>
<td class="nump">389<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_ForeignExchangeDerivativesMember', window );">Foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="nump">26<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">38<span></span>
</td>
<td class="nump">433<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">63<span></span>
</td>
<td class="nump">457<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CommodityDerivativesMember', window );">Commodity derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">439<span></span>
</td>
<td class="nump">106<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">439<span></span>
</td>
<td class="nump">106<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CrossCurrencyInterestRateSwapMember', window );">Cross currency interest rate swaps [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">214<span></span>
</td>
<td class="nump">249<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">214<span></span>
</td>
<td class="nump">249<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember', window );">Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_NonCurrentFinancialAssetsMember', window );">Non-current financial assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">499<span></span>
</td>
<td class="nump">382<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">279<span></span>
</td>
<td class="nump">399<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">778<span></span>
</td>
<td class="nump">781<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CurrentFinancialAssetsMember', window );">Current financial assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems', window );"><strong>Disclosure of Financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="nump">16,571<span></span>
</td>
<td class="nump">15,536<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="nump">343<span></span>
</td>
<td class="nump">247<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome', window );">Financial assets at&#160;fair value through OCI</a></td>
<td class="nump">546<span></span>
</td>
<td class="nump">528<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="nump">$ 17,460<span></span>
</td>
<td class="nump">$ 16,311<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfFinancialAssetsLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of financial assets liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfFinancialAssetsLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Financial liabilities measured at fair value through other comprehensive income</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_FinancialLiabilitiesMeasuredAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Classes of financial instruments [domain]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35H<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35M<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35N<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35I<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets at amortised cost. The amortised cost is the amount at which financial assets are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount, and adjusted for any impairment. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value through other comprehensive income. A financial asset shall be measured at fair value through other comprehensive income if both of the following conditions are met: (a) the financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets and (b) the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_e_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Classes of financial instruments [domain]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities at amortised cost. The amortised cost is the amount at which financial liabilities are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as &#8216;an accounting mismatch&#8217;) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity&#8217;s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 44<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_44_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_TradesAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_TradesAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentInterestBearingLoansAndBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentInterestBearingLoansAndBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentInterestBearingLoansAndBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentInterestBearingLoansAndBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_BankOverdraftMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_BankOverdraftMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_ForeignExchangeDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_ForeignExchangeDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_OtherCommodityDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_OtherCommodityDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CrosscurrencyInterestRateSwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CrosscurrencyInterestRateSwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_InterestRateSwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_InterestRateSwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentFinancialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_NonCurrentFinancialLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentFinancialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_CurrentFinancialLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CashAndCashEquivalentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CashAndCashEquivalentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_InvestmentSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_InvestmentSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_ForeignExchangeDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_ForeignExchangeDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CommodityDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CommodityDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CrossCurrencyInterestRateSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CrossCurrencyInterestRateSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=bud_NonCurrentFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_NonCurrentFinancialAssetsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</div></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=bud_CurrentFinancialAssetsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<FILENAME>R150.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Notional Amounts of Derivatives Outstanding at Year-end by Maturity Bucket (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Foreign exchange forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">$ 10,498<span></span>
</td>
<td class="nump">$ 8,867<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Other foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">315<span></span>
</td>
<td class="nump">385<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">1,191<span></span>
</td>
<td class="nump">1,791<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Cross currency interest rate swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">510<span></span>
</td>
<td class="nump">1,558<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Aluminum swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">2,250<span></span>
</td>
<td class="nump">1,841<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Other commodity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">591<span></span>
</td>
<td class="nump">630<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less than 1 year [member] | Equity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">11,898<span></span>
</td>
<td class="nump">10,520<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Foreign exchange forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">344<span></span>
</td>
<td class="nump">300<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Other foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Cross currency interest rate swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">2,593<span></span>
</td>
<td class="nump">510<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Aluminum swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Other commodity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">39<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">1-2 years [member] | Equity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Foreign exchange forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Other foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Cross currency interest rate swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">2,010<span></span>
</td>
<td class="nump">2,593<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Aluminum swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Other commodity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2-3 years [member] | Equity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Foreign exchange forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Other foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">400<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Cross currency interest rate swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">2,025<span></span>
</td>
<td class="nump">3,598<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Aluminum swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Other commodity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">3-5 years [member] | Equity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Foreign exchange forwards [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Other foreign exchange derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Interest rate swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Cross currency interest rate swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">715<span></span>
</td>
<td class="nump">690<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Aluminum swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Other commodity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Greater than 5 years [member] | Equity derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=bud_OtherForeignExchangeDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=bud_OtherForeignExchangeDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InterestRateSwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=bud_CrosscurrencyInterestRateSwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=bud_CrosscurrencyInterestRateSwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=bud_AluminumSwapsCommodityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=bud_AluminumSwapsCommodityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=bud_OtherCommodityDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=bud_OtherCommodityDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_EquityInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_EquityInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>162
<FILENAME>R151.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Foreign Exchange Risk on Operating Activities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><sup>[1]</sup></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToBrazilianRealMember', window );">US Dollar to Brazilian Real [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">$ (1,682)<span></span>
</td>
<td colspan="2" class="num">$ (1,823)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">1,671<span></span>
</td>
<td colspan="2" class="nump">1,456<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(11)<span></span>
</td>
<td colspan="2" class="num">(367)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToMexicanPesoMember', window );">US Dollar to Mexican Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(1,203)<span></span>
</td>
<td colspan="2" class="num">(1,250)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">1,182<span></span>
</td>
<td colspan="2" class="nump">1,092<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(21)<span></span>
</td>
<td colspan="2" class="num">(158)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToColombianPesoMember', window );">US Dollar to Colombian Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(494)<span></span>
</td>
<td colspan="2" class="num">(504)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">460<span></span>
</td>
<td colspan="2" class="nump">482<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(34)<span></span>
</td>
<td colspan="2" class="num">(22)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToSouthAfricanRandMember', window );">US Dollar to South African Rand [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(385)<span></span>
</td>
<td colspan="2" class="num">(373)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">388<span></span>
</td>
<td colspan="2" class="nump">333<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="nump">3<span></span>
</td>
<td colspan="2" class="num">(40)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToCanadianDollarMember', window );">US Dollar to Canadian Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(317)<span></span>
</td>
<td colspan="2" class="num">(286)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">312<span></span>
</td>
<td colspan="2" class="nump">243<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(5)<span></span>
</td>
<td colspan="2" class="num">(43)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToArgentinePesoMember', window );">US Dollar to Argentine peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(274)<span></span>
</td>
<td colspan="2" class="num">(326)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(274)<span></span>
</td>
<td colspan="2" class="num">(326)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToHonduranLempiraMember', window );">US Dollar to Honduran Lempira [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(226)<span></span>
</td>
<td colspan="2" class="num">(225)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(226)<span></span>
</td>
<td colspan="2" class="num">(225)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToPeruvianNuevoSolMember', window );">US Dollar to Peruvian Nuevo Sol [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(194)<span></span>
</td>
<td colspan="2" class="num">(236)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">199<span></span>
</td>
<td colspan="2" class="nump">215<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="nump">5<span></span>
</td>
<td colspan="2" class="num">(21)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToSouthKoreanWonMember', window );">US Dollar to South Korean Won [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(182)<span></span>
</td>
<td colspan="2" class="num">(160)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">190<span></span>
</td>
<td colspan="2" class="nump">116<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="nump">8<span></span>
</td>
<td colspan="2" class="num">(44)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToChileanPesoMember', window );">US Dollar to Chilean Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(164)<span></span>
</td>
<td colspan="2" class="num">(144)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">151<span></span>
</td>
<td colspan="2" class="nump">127<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(13)<span></span>
</td>
<td colspan="2" class="num">(17)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToParaguayanGuaraniMember', window );">US Dollar to Paraguayan Guarani [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(150)<span></span>
</td>
<td colspan="2" class="num">(144)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">142<span></span>
</td>
<td colspan="2" class="nump">127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(8)<span></span>
</td>
<td colspan="2" class="num">(17)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToEuroMember', window );">US Dollar to Euro [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(130)<span></span>
</td>
<td colspan="2" class="num">(126)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">128<span></span>
</td>
<td colspan="2" class="nump">106<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(2)<span></span>
</td>
<td colspan="2" class="num">(20)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToIndianRupeeMember', window );">US Dollar to Indian rupee [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(120)<span></span>
</td>
<td colspan="2" class="num">(113)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">115<span></span>
</td>
<td colspan="2" class="nump">69<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(5)<span></span>
</td>
<td colspan="2" class="num">(44)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToDominicanPesoMember', window );">US dollar to Dominican peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(119)<span></span>
</td>
<td colspan="2" class="num">(129)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(119)<span></span>
</td>
<td colspan="2" class="num">(129)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToBolivianBolivianoMember', window );">US Dollar to Bolivian Boliviano [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(112)<span></span>
</td>
<td colspan="2" class="num">(104)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">0<span></span>
</td>
<td colspan="2" class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(112)<span></span>
</td>
<td colspan="2" class="num">(104)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_EuroToSouthAfricanRandMember', window );">Euro to South African Rand [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(136)<span></span>
</td>
<td colspan="2" class="num">(108)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">133<span></span>
</td>
<td colspan="2" class="nump">111<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(3)<span></span>
</td>
<td colspan="2" class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_EuroToMexicanPesoMember', window );">Euro to Mexican Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(123)<span></span>
</td>
<td colspan="2" class="num">(91)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">89<span></span>
</td>
<td colspan="2" class="nump">92<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(34)<span></span>
</td>
<td colspan="2" class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_MexicanPesoToEuroMember', window );">Mexican peso to Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(118)<span></span>
</td>
<td colspan="2" class="num">(153)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">97<span></span>
</td>
<td colspan="2" class="nump">132<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(21)<span></span>
</td>
<td colspan="2" class="num">(21)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=srt_OtherCurrencyMember', window );">Other currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(502)<span></span>
</td>
<td colspan="2" class="num">(567)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">452<span></span>
</td>
<td colspan="2" class="nump">441<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="num">(50)<span></span>
</td>
<td colspan="2" class="num">(126)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CurrencyAxis=bud_UsDollarToChineseYuanMember', window );">US Dollar to Chinese Yuan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems', window );"><strong>Disclosure Of Foreign Currency Exchange Exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskExposureNet', window );">Total exposure</a></td>
<td class="num">(179)<span></span>
</td>
<td colspan="2" class="num">(66)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyRiskHedges', window );">Total hedges</a></td>
<td class="nump">201<span></span>
</td>
<td colspan="2" class="nump">52<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignCurrencyOpenPosition', window );">Open position</a></td>
<td class="nump">$ 22<span></span>
</td>
<td colspan="2" class="num">$ (14)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amended to conform to the 2025 presentation.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfForeignCurrencyExchangeExposureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Foreign Currency Exchange Exposure [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfForeignCurrencyExchangeExposureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ForeignCurrencyOpenPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Foreign currency open position.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignCurrencyOpenPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ForeignCurrencyRiskExposureNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Foreign currency risk exposure, net.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignCurrencyRiskExposureNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ForeignCurrencyRiskHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Foreign currency risk hedges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignCurrencyRiskHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToBrazilianRealMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToBrazilianRealMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToMexicanPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToMexicanPesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToColombianPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToColombianPesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToSouthAfricanRandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToSouthAfricanRandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToCanadianDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToCanadianDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToArgentinePesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToArgentinePesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToHonduranLempiraMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToHonduranLempiraMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToPeruvianNuevoSolMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToPeruvianNuevoSolMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToSouthKoreanWonMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToSouthKoreanWonMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToChileanPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToChileanPesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToParaguayanGuaraniMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToParaguayanGuaraniMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToEuroMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToIndianRupeeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToIndianRupeeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToDominicanPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToDominicanPesoMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToBolivianBolivianoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToBolivianBolivianoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_EuroToSouthAfricanRandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_EuroToSouthAfricanRandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_EuroToMexicanPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_EuroToMexicanPesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_MexicanPesoToEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_MexicanPesoToEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=srt_OtherCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=srt_OtherCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=bud_UsDollarToChineseYuanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=bud_UsDollarToChineseYuanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>163
<FILENAME>R152.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks Arising From Financial Instruments - Additional Information (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jan. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th"><div>May 31, 2017</div></th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Amount of exposure equivalent to shares hedged</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,406.0<span></span>
</td>
<td class="nump">$ 4,714.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis', window );">Description of methods to use sensitivity analysis is assessed</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 101,013.0<span></span>
</td>
<td class="nump">98,379.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss', window );">Net Gain Loss On Hedging Instruments Recognised In Profit Or Loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(300.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetForeignExchangeLoss', window );">Net Foreign Exchange Loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">400.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeExposureNatureAxis=bud_OperatingNatureMember', window );">Operating Nature [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetForeignExchangeLoss', window );">Net Foreign Exchange Loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">200.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember', window );">Equity swaps [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,481.0<span></span>
</td>
<td class="nump">5,614.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LegalEntityAxis=bud_HoldingCompanyMember', window );">Holding Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeAndNonderivativeFinancialInstrumentsNet', window );">Derivative and non-derivative financial instruments, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,239.0<span></span>
</td>
<td class="nump">7,835.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Observable Market Inputs - Level 3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 241.0<span></span>
</td>
<td class="nump">$ 288.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember', window );">CERVECERIA NACIONAL DOMINICANA S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipSharesHoldByElj', window );">Percentage of shares hold by ELJ</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember', window );">CERVECERIA NACIONAL DOMINICANA S.A. [member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOptionsExercised', window );">Percentage of options exercised</a></td>
<td class="nump">12.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Ownership interest</a></td>
<td class="nump">97.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">85.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PutOptionRemeasuredAtFairValue', window );">Put option re-measured at fair value</a></td>
<td class="nump">$ 300.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 210.0<span></span>
</td>
<td class="nump">$ 195.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_EquityPriceRiskMember', window );">Equity price risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Amount of exposure equivalent to shares hedged</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk', window );">Loss recognized in the profit or loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (213.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption', window );">Reasonable possible volatility rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24.00%<span></span>
</td>
<td class="nump">19.00%<span></span>
</td>
<td class="nump">18.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Positive/negative impact on profit before tax</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,563.0<span></span>
</td>
<td class="nump">$ 960.0<span></span>
</td>
<td class="nump">$ 1,181.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest Rate Risk [Member] | Interest rate, measurement input [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities', window );">Percentage of reasonably possible decrease in unobservable input liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities', window );">Percentage of reasonably possible increase in unobservable input, liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest Rate Risk [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CarryingValueOfAssociatedFinancialLiabilities', window );">Carrying value of financial liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,527.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageProportionOfFinancialLiabilities', window );">Proportion of company's financial liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInInterestExpense', window );">Higher/lower interest expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 15.0<span></span>
</td>
<td class="nump">$ 20.0<span></span>
</td>
<td class="nump">26.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncreaseDecreaseInInterestIncome', window );">Higher/lower interest income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">112.0<span></span>
</td>
<td class="nump">105.0<span></span>
</td>
<td class="nump">96.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest Rate Risk [Member] | Before hedging [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CarryingValueOfAssociatedFinancialLiabilities', window );">Carrying value of financial liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 14.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CreditRiskMember', window );">Credit risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ConcentrationsOfRisk', window );">Concentration of credit risks, description</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">There was no significant concentration of credit risks with any single counterparty as of 31&#160;December 2025 and no single customer represented more than 10% of the total revenue of the group in 2025.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CreditRiskMember', window );">Credit risk [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue', window );">Percentage of revenue accounted by individual customer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Currency risk [member] | Currency [Member] | US Dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativePositionPositivePretaxImpactOnEquityReserves', window );">Derivative position positive pre-tax impact on equity reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 516.0<span></span>
</td>
<td class="nump">$ 446.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities', window );">Percentage of reasonably possible decrease in unobservable input liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities', window );">Increase decrease in fair value measurement due to reasonable possible decrease in unobservable input recognized in profit or loss before tax liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 91.0<span></span>
</td>
<td class="nump">$ 169.0<span></span>
</td>
<td class="nump">98.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities', window );">Increase decrease in fair value measurement due to reasonable possible increase in unobservable input recognized in profit or loss tax liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 91.0<span></span>
</td>
<td class="nump">$ 169.0<span></span>
</td>
<td class="nump">$ 98.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities', window );">Percentage of reasonably possible increase in unobservable input, liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=bud_DeferredConsiderationOnAcquisitionsMember', window );">Deferred consideration on acquisitions [member] | Put Option [Member] | Observable Market Inputs - Level 3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonDerivativeFinancialLiabilities', window );">Non derivative financial liability</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 210.0<span></span>
</td>
<td class="nump">$ 195.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_FairValueHedgesMember', window );">Fair value hedges [member] | Interest Rate Risk [Member] | US Dollar Fixed Rate Bond Hedges [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NominalAmountOfHedgingInstrument', window );">Issuance amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,200,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember', window );">Cash flow hedges [member] | Interest Rate Risk [Member] | Pound Sterling Bond Hedges [Member] | May 2029 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NominalAmountOfHedgingInstrument', window );">Issuance amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">700,000,000<span></span>
</td>
<td class="nump">232,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageRateOfHedgingInstrument', window );">Interest rate percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgingInstrumentAppointmentPeriod', window );">Appointment period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgingInstrumentMaturityPeriod', window );">Maturity period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 2029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember', window );">Cash flow hedges [member] | Interest Rate Risk [Member] | Pound Sterling Bond Hedges [Member] | May 2037 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NominalAmountOfHedgingInstrument', window );">Issuance amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">900,000,000<span></span>
</td>
<td class="nump">156,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageRateOfHedgingInstrument', window );">Interest rate percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.85%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgingInstrumentMaturityPeriod', window );">Maturity period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">May 2037<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CarryingValueOfAssociatedFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Carrying value of associated financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CarryingValueOfAssociatedFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerivativeAndNonderivativeFinancialInstrumentsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derivative and non-derivative financial instruments, net</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerivativeAndNonderivativeFinancialInstrumentsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerivativePositionPositivePretaxImpactOnEquityReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derivative position positive pre-tax impact on equity reserves.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerivativePositionPositivePretaxImpactOnEquityReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_HedgingInstrumentAppointmentPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Hedging instrument appointment period</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_HedgingInstrumentAppointmentPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_HedgingInstrumentMaturityPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Hedging instrument maturity period</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_HedgingInstrumentMaturityPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInInterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in interest expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInInterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncreaseDecreaseInInterestIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in interest income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncreaseDecreaseInInterestIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net Gain Loss On Hedging Instruments Recognised In Profit Or Loss</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NonDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Non-derivative financial liabilitiy.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NonDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOptionsExercised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of options exercised .</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOptionsExercised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOwnershipSharesHoldByElj">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of ownership shares hold by ELJ.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOwnershipSharesHoldByElj</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of revenue accounted by individual customer in entity revenue.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageProportionOfFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage proportion of financial liabilities</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageProportionOfFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PutOptionRemeasuredAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Put option re-measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PutOptionRemeasuredAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageRateOfHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The average rate of a hedging instrument. [Refer: Hedging instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 23B<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23B_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageRateOfHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConcentrationsOfRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of concentrations of risks arising from financial instruments. [Refer: Classes of financial instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConcentrationsOfRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Classes of financial instruments [domain]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gain (loss) recognised on designation of a financial instrument, or a proportion of it, as measured at fair value through profit or loss, because a credit derivative is used to manage the credit risk of that financial instrument. [Refer: Credit risk [member]; Derivatives [member]; Classes of financial instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24G<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24G_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by a decrease in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph h<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_h_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph h<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_h_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaximumExposureToCreditRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that best represents the maximum exposure to credit risk without taking into account any collateral held or other credit enhancements (for example, netting agreements that do not qualify for offset in accordance with IAS 32). [Refer: Credit risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35K<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35K_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaximumExposureToCreditRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of methods and assumptions used when preparing a sensitivity analysis for types of market risk to which the entity is exposed. [Refer: Market risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 40<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_40_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetForeignExchangeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2025-01-01<br> -Paragraph 52<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetForeignExchangeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NominalAmountOfHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal amount of a hedging instrument. [Refer: Hedging instruments [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 23B<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23B_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 24A<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24A_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 60<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_60_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 60<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_60_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NominalAmountOfHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the decrease in the actuarial assumption used to determine the present value of defined benefit obligation. [Refer: Actuarial assumptions [domain]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of a reasonably possible decrease in an unobservable input used in fair value measurement of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph h<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_h_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of a reasonably possible increase in an unobservable input used in fair value measurement of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph h<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_h_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ForeignExchangeExposureNatureAxis=bud_OperatingNatureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignExchangeExposureNatureAxis=bud_OperatingNatureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=bud_EquitySwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_HoldingCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_HoldingCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_EquityPriceRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_EquityPriceRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>164
<FILENAME>R153.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Foreign Exchange Results Recognized on Unhedged and Hedged Exposures (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetForeignExchangeResultsLineItems', window );"><strong>Net foreign exchange results [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue', window );">Net foreign exchange</a></td>
<td class="num">$ (386)<span></span>
</td>
<td class="num">$ (147)<span></span>
</td>
<td class="num">$ (353)<span></span>
</td>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=bud_EconomicHedgesMember', window );">Hedged (economic hedges) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetForeignExchangeResultsLineItems', window );"><strong>Net foreign exchange results [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue', window );">Net foreign exchange</a></td>
<td class="nump">93<span></span>
</td>
<td class="num">(186)<span></span>
</td>
<td class="nump">70<span></span>
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<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=bud_OtherResultsNotHedgedMember', window );">Not hedged [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NetForeignExchangeResultsLineItems', window );"><strong>Net foreign exchange results [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue', window );">Net foreign exchange</a></td>
<td class="num">$ (479)<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="num">$ (423)<span></span>
</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Foreign Exchange Recognized on hedged And Unhedged Value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignExchangeRecognizedOnHedgedAndUnhedgedValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NetForeignExchangeResultsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net foreign exchange results.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NetForeignExchangeResultsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=bud_EconomicHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_EconomicHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=bud_OtherResultsNotHedgedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_OtherResultsNotHedgedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>165
<FILENAME>R154.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Effective Interest Rates at Balance Sheet (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 334<span></span>
</td>
<td class="nump">$ 184<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 72,693<span></span>
</td>
<td class="nump">$ 71,986<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | US Dollar [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | US Dollar [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="nump">5.10%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 41,499<span></span>
</td>
<td class="nump">$ 46,192<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Euro [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 28,593<span></span>
</td>
<td class="nump">$ 22,653<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Chinese Yuan [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">3.80%<span></span>
</td>
<td class="nump">3.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 38<span></span>
</td>
<td class="nump">$ 41<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Canadian Dollar [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">4.50%<span></span>
</td>
<td class="nump">4.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 566<span></span>
</td>
<td class="nump">$ 555<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | South Korean Won [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="nump">4.90%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 39<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Mexican Peso [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">13.20%<span></span>
</td>
<td class="nump">15.70%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 225<span></span>
</td>
<td class="nump">$ 239<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Pound Sterling [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.50%<span></span>
</td>
<td class="nump">3.30%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 567<span></span>
</td>
<td class="nump">$ 1,154<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Other currency [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">11.00%<span></span>
</td>
<td class="nump">11.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 334<span></span>
</td>
<td class="nump">$ 184<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember', window );">Before hedging [Member] | Other currency [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">9.60%<span></span>
</td>
<td class="nump">8.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 1,165<span></span>
</td>
<td class="nump">$ 1,111<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">1,527<span></span>
</td>
<td class="nump">1,975<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 71,500<span></span>
</td>
<td class="nump">$ 70,195<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | US Dollar [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">4.90%<span></span>
</td>
<td class="nump">5.30%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 1,193<span></span>
</td>
<td class="nump">$ 1,792<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | US Dollar [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">5.60%<span></span>
</td>
<td class="nump">5.40%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 32,965<span></span>
</td>
<td class="nump">$ 36,780<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Euro [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.60%<span></span>
</td>
<td class="nump">2.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 29,274<span></span>
</td>
<td class="nump">$ 23,530<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Chinese Yuan [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 2,768<span></span>
</td>
<td class="nump">$ 2,921<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Canadian Dollar [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">4.30%<span></span>
</td>
<td class="nump">4.40%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 2,668<span></span>
</td>
<td class="nump">$ 2,657<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | South Korean Won [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.30%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 2,049<span></span>
</td>
<td class="nump">$ 2,200<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Mexican Peso [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">13.20%<span></span>
</td>
<td class="nump">10.80%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 225<span></span>
</td>
<td class="nump">$ 1,239<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Pound Sterling [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 37<span></span>
</td>
<td class="nump">$ 34<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Other currency [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">10.90%<span></span>
</td>
<td class="nump">11.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 333<span></span>
</td>
<td class="nump">$ 184<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember', window );">After hedging [Member] | Other currency [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of offsetting financial assets and liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeInterestRatePercentage', window );">Hedging</a></td>
<td class="nump">9.50%<span></span>
</td>
<td class="nump">10.10%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Hedging</a></td>
<td class="nump">$ 1,515<span></span>
</td>
<td class="nump">$ 833<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerivativeInterestRatePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derivative interest rate percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerivativeInterestRatePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities classified as derivative instruments. [Refer: Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemsAxis=bud_BeforeHedgingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_FloatingInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_FloatingInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_FixedInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_FixedInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_CNY</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_CAD</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_KRW</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_MXN</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_GBP</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=srt_OtherCurrencyMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemsAxis=bud_AfterHedgingMember</td>
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</body>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Interest Expense Recognized on Unhedged and Hedged Financial Liabilities (Detail) - Interest Rate Risk [Member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="num">$ (3,194)<span></span>
</td>
<td class="num">$ (3,443)<span></span>
</td>
<td class="num">$ (3,705)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Fair value hedges [member] | Hedged Item [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="num">(31)<span></span>
</td>
<td class="num">(30)<span></span>
</td>
<td class="num">(22)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Cash flow hedges [member] | Hedged Item [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="nump">26<span></span>
</td>
<td class="nump">29<span></span>
</td>
<td class="nump">28<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Net investment hedges [member] | Hedging Instrument [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="nump">58<span></span>
</td>
<td class="nump">49<span></span>
</td>
<td class="nump">10<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Economic Hedges [Member] | Hedged Item [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">0<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Financial Liabilities at Amortised Cost, Class [Member] | Not Designated in Hedging Relationship [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestRevenueExpense', window );">Interest expense</a></td>
<td class="num">$ (3,250)<span></span>
</td>
<td class="num">$ (3,492)<span></span>
</td>
<td class="num">$ (3,722)<span></span>
</td>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestRevenueExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestRevenueExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_FairValueHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_FairValueHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemsAxis=bud_HedgedItemMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemsAxis=bud_HedgedItemMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=bud_NetInvestmentHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_NetInvestmentHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemsAxis=bud_HedgingInstrumentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemsAxis=bud_HedgingInstrumentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=bud_EconomicHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_EconomicHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemsAxis=bud_NotDesignatedInHedgingRelationshipMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemsAxis=bud_NotDesignatedInHedgingRelationshipMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>167
<FILENAME>R156.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks arising from Financial instruments - Schedule of Commodity Derivatives Outstanding (Detail) - Commodity price risk [member] - Commodity derivatives [member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">$ 2,942<span></span>
</td>
<td class="nump">$ 2,496<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_AluminumMember', window );">Aluminum [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">2,312<span></span>
</td>
<td class="nump">1,841<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_EnergyMember', window );">Energy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">212<span></span>
</td>
<td class="nump">207<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CornMember', window );">Corn [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">197<span></span>
</td>
<td class="nump">203<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_PlasticMember', window );">Plastic [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">86<span></span>
</td>
<td class="nump">79<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_SugarMember', window );">Sugar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">73<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_WheatMember', window );">Wheat [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">43<span></span>
</td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_RiceMember', window );">Rice [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivativesOutstanding', window );">Commodity derivatives outstanding</a></td>
<td class="nump">$ 26<span></span>
</td>
<td class="nump">$ 46<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CommodityDerivativesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commodity derivatives outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CommodityDerivativesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=bud_CommodityDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=bud_CommodityDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_AluminumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_AluminumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_EnergyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_EnergyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CornMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CornMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_PlasticMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_PlasticMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_SugarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_SugarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_WheatMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_WheatMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_RiceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_RiceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>168
<FILENAME>R157.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Estimated Impact on Changes in the Price of Commodities (Detail) - Commodity price risk [member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Aluminum [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">22.00%<span></span>
</td>
<td class="nump">22.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 504<span></span>
</td>
<td class="nump">$ 408<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (504)<span></span>
</td>
<td class="num">$ (408)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Energy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">47.00%<span></span>
</td>
<td class="nump">44.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 100<span></span>
</td>
<td class="nump">$ 92<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (100)<span></span>
</td>
<td class="num">$ (92)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Corn [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">19.00%<span></span>
</td>
<td class="nump">19.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 38<span></span>
</td>
<td class="nump">$ 38<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (38)<span></span>
</td>
<td class="num">$ (38)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Plastic [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">16.00%<span></span>
</td>
<td class="nump">16.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 14<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (14)<span></span>
</td>
<td class="num">$ (12)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Sugar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">27.00%<span></span>
</td>
<td class="nump">27.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 18<span></span>
</td>
<td class="nump">$ 20<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (18)<span></span>
</td>
<td class="num">$ (20)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Wheat [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">27.00%<span></span>
</td>
<td class="nump">27.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 13<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (12)<span></span>
</td>
<td class="num">$ (13)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember', window );">Rice [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems', window );"><strong>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfVolatilityPriceOfCommodities', window );">Volatility of prices</a></td>
<td class="nump">38.00%<span></span>
</td>
<td class="nump">38.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices increases</a></td>
<td class="nump">$ 10<span></span>
</td>
<td class="nump">$ 18<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity', window );">Pre-tax impact on equity Prices decrease</a></td>
<td class="num">$ (10)<span></span>
</td>
<td class="num">$ (18)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsForDecreasePricePretaxImpactOnEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease price pretax impact on equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsForDecreasePricePretaxImpactOnEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AdjustmentsForIncreasePricePretaxImpactOnEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase price pretax impact on equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AdjustmentsForIncreasePricePretaxImpactOnEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of sensitivity analysis for each type of commodity price risk [line items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfVolatilityPriceOfCommodities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of volatility price of commodities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfVolatilityPriceOfCommodities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CommodityPriceRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_AluminumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_AluminumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_EnergyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_EnergyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CornMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CornMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_PlasticMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_PlasticMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_SugarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_SugarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_WheatMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_WheatMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_RiceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_RiceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</body>
</html>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Carrying Amount of Financial Assets (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">$ 5,406<span></span>
</td>
<td class="nump">$ 4,714<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">4,261<span></span>
</td>
<td class="nump">3,792<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_OtherReceivablesMember', window );">Other receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">1,145<span></span>
</td>
<td class="nump">923<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">5,874<span></span>
</td>
<td class="nump">5,152<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">4,661<span></span>
</td>
<td class="nump">4,168<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Other receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="nump">1,213<span></span>
</td>
<td class="nump">984<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="num">(468)<span></span>
</td>
<td class="num">(438)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment losses [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="num">(399)<span></span>
</td>
<td class="num">(377)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment losses [member] | Other receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems', window );"><strong>Disclosure of credit risk exposure [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Net carrying amount</a></td>
<td class="num">$ (68)<span></span>
</td>
<td class="num">$ (61)<span></span>
</td>
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</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCreditRiskExposureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCreditRiskExposureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaximumExposureToCreditRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that best represents the maximum exposure to credit risk without taking into account any collateral held or other credit enhancements (for example, netting agreements that do not qualify for offset in accordance with IAS 32). [Refer: Credit risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35K<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35K_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaximumExposureToCreditRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=ifrs-full_TradeReceivablesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_OtherReceivablesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Allowance for Impairment (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ImpairmentLossesOnFinancialAssets', window );">Impairment losses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 66<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember', window );">Impairment losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems', window );"><strong>Disclosure of impairment loss and reversal of impairment loss [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets', window );">Beginning balance</a></td>
<td class="num">$ (438)<span></span>
</td>
<td class="num">(462)<span></span>
</td>
<td class="num">$ (416)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ImpairmentLossesOnFinancialAssets', window );">Impairment losses</a></td>
<td class="num">(53)<span></span>
</td>
<td class="num">(56)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets', window );">Derecognition</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">24<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets', window );">Currency translation and other</a></td>
<td class="num">(40)<span></span>
</td>
<td class="nump">55<span></span>
</td>
<td class="num">(18)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets', window );">Ending balance</a></td>
<td class="num">$ (468)<span></span>
</td>
<td class="num">$ (438)<span></span>
</td>
<td class="num">$ (462)<span></span>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Allowance For Impairment Recognized During the Period on Financial Assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Currency Translation And Other Allowance Account For Credit Losses Of Financial Assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derecognition allowance account for credit losses of financial assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ImpairmentLossesOnFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Impairment Losses on Financial Assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ImpairmentLossesOnFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedImpairmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Nominal Contractual Maturities of Non-Derivative Financial Liabilities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdraft</a></td>
<td class="num">$ (14)<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember', window );">Carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(70,199)<span></span>
</td>
<td class="num">(69,484)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(26,324)<span></span>
</td>
<td class="num">(24,601)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(2,397)<span></span>
</td>
<td class="num">(2,303)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(18)<span></span>
</td>
<td class="num">(19)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnsecuredBankLoansReceived', window );">Unsecured bank loans</a></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(221)<span></span>
</td>
<td class="num">(269)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdraft</a></td>
<td class="num">(14)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(99,351)<span></span>
</td>
<td class="num">(96,770)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EquityDerivative', window );">Equity derivatives</a></td>
<td class="num">(5,481)<span></span>
</td>
<td class="num">(5,614)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeDerivatives', window );">Foreign exchange derivatives</a></td>
<td class="num">(563)<span></span>
</td>
<td class="num">(52)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(205)<span></span>
</td>
<td class="num">(55)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestRateSwaps', window );">Interest rate swaps</a></td>
<td class="num">(102)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivatives', window );">Commodity derivatives</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(69)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(6,397)<span></span>
</td>
<td class="num">(5,885)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">(460)<span></span>
</td>
<td class="num">(134)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(115,992)<span></span>
</td>
<td class="num">(113,412)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(26,547)<span></span>
</td>
<td class="num">(24,760)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(2,706)<span></span>
</td>
<td class="num">(2,592)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(25)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnsecuredBankLoansReceived', window );">Unsecured bank loans</a></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(239)<span></span>
</td>
<td class="num">(297)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdraft</a></td>
<td class="num">(14)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(145,700)<span></span>
</td>
<td class="num">(141,181)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EquityDerivative', window );">Equity derivatives</a></td>
<td class="num">(5,481)<span></span>
</td>
<td class="num">(5,614)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeDerivatives', window );">Foreign exchange derivatives</a></td>
<td class="num">(563)<span></span>
</td>
<td class="num">(52)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(205)<span></span>
</td>
<td class="num">(55)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestRateSwaps', window );">Interest rate swaps</a></td>
<td class="num">(102)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivatives', window );">Commodity derivatives</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(69)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(6,397)<span></span>
</td>
<td class="num">(5,885)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">(460)<span></span>
</td>
<td class="num">(134)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member] | Less than 1 year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(2,962)<span></span>
</td>
<td class="num">(3,453)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(25,410)<span></span>
</td>
<td class="num">(23,750)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(704)<span></span>
</td>
<td class="num">(639)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnsecuredBankLoansReceived', window );">Unsecured bank loans</a></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(84)<span></span>
</td>
<td class="num">(172)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdraft</a></td>
<td class="num">(14)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(29,358)<span></span>
</td>
<td class="num">(28,113)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_EquityDerivative', window );">Equity derivatives</a></td>
<td class="num">(5,481)<span></span>
</td>
<td class="num">(5,614)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeDerivatives', window );">Foreign exchange derivatives</a></td>
<td class="num">(416)<span></span>
</td>
<td class="num">(52)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(60)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestRateSwaps', window );">Interest rate swaps</a></td>
<td class="num">(102)<span></span>
</td>
<td class="num">(93)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CommodityDerivatives', window );">Commodity derivatives</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(69)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(6,105)<span></span>
</td>
<td class="num">(5,818)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">(425)<span></span>
</td>
<td class="num">(91)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member] | 1-2 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(8,108)<span></span>
</td>
<td class="num">(3,416)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(150)<span></span>
</td>
<td class="num">(257)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(606)<span></span>
</td>
<td class="num">(620)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(132)<span></span>
</td>
<td class="num">(94)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(9,001)<span></span>
</td>
<td class="num">(4,391)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeDerivatives', window );">Foreign exchange derivatives</a></td>
<td class="num">(59)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(51)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(111)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">(24)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member] | 2-3 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(6,398)<span></span>
</td>
<td class="num">(7,311)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(177)<span></span>
</td>
<td class="num">(128)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(448)<span></span>
</td>
<td class="num">(398)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(7,039)<span></span>
</td>
<td class="num">(7,861)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(32)<span></span>
</td>
<td class="num">(30)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(32)<span></span>
</td>
<td class="num">(30)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(38)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member] | 3-5 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(11,951)<span></span>
</td>
<td class="num">(14,352)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(277)<span></span>
</td>
<td class="num">(328)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(447)<span></span>
</td>
<td class="num">(447)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(12,686)<span></span>
</td>
<td class="num">(15,138)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ForeignExchangeDerivatives', window );">Foreign exchange derivatives</a></td>
<td class="num">(87)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(18)<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(105)<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">(5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember', window );">Contractual cash flows [member] | Greater than 5 years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonderivativeFinancialLiabilitiesAbstract', window );"><strong>Non-derivative financial liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BondsIssued', window );">Unsecured bond issues</a></td>
<td class="num">(86,573)<span></span>
</td>
<td class="num">(84,881)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="num">(532)<span></span>
</td>
<td class="num">(297)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Finance lease liabilities</a></td>
<td class="num">(501)<span></span>
</td>
<td class="num">(488)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SecuredBankLoansReceived', window );">Secured bank loans</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Unsecured other loans</a></td>
<td class="num">(10)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows', window );">Non-derivative financial liabilities</a></td>
<td class="num">(87,617)<span></span>
</td>
<td class="num">(85,678)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract', window );"><strong>Derivative financial assets/(liabilities)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CrossCurrencyInterestRateSwaps', window );">Cross currency interest rate swaps</a></td>
<td class="num">(44)<span></span>
</td>
<td class="num">(46)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_InterestRateSwaps', window );">Interest rate swaps</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows', window );">Derivative financial assets/(liabilities)</a></td>
<td class="num">(44)<span></span>
</td>
<td class="num">(47)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged', window );">Of which: related to cash flow hedges</a></td>
<td class="num">$ (6)<span></span>
</td>
<td class="num">$ (4)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CommodityDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commodity derivatives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CommodityDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CrossCurrencyInterestRateSwaps">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cross currency interest rate swaps.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CrossCurrencyInterestRateSwaps</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerivativeFinancialAssetsLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derivative financial assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerivativeFinancialAssetsLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Derivative financial assets liabilities undiscounted cash flows.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_EquityDerivative">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Equity derivative.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_EquityDerivative</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ForeignExchangeDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Foreign exchange derivatives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ForeignExchangeDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_InterestRateSwaps">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Interest rate swaps.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_InterestRateSwaps</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NonderivativeFinancialLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Non-derivative financial liabilities [abstract]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NonderivativeFinancialLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankOverdraftsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BondsIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of bonds issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BondsIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual undiscounted cash flows in relation to contractual amounts to be exchanged in a derivative financial instrument for which gross cash flows are exchanged. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph B11D<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B11D_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual undiscounted cash flows in relation to non-derivative financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 72<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_72_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 39<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_39_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 72<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_72_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of borrowings that the entity does not separately disclose in the same statement or note. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SecuredBankLoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of loans received from banks that have been secured by collateral. [Refer: Loans received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SecuredBankLoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnsecuredBankLoansReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of loans received from banks that have not been secured by collateral. [Refer: Loans received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnsecuredBankLoansReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_NetCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=bud_ContractualCashFlowsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>172
<FILENAME>R161.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Carrying Amount of Fixed Rate Interest-Bearing Financial Liabilities and Fair Value (Detail) - Fixed interest rate [member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">$ (70,296)<span></span>
</td>
<td class="num">$ (69,682)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">(70,343)<span></span>
</td>
<td class="num">(69,044)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember', window );">US Dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">(41,050)<span></span>
</td>
<td class="num">(45,800)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">(41,863)<span></span>
</td>
<td class="num">(45,558)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">(27,854)<span></span>
</td>
<td class="num">(21,915)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">(27,187)<span></span>
</td>
<td class="num">(21,605)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember', window );">Pound Sterling [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">(519)<span></span>
</td>
<td class="num">(1,108)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">(467)<span></span>
</td>
<td class="num">(1,046)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember', window );">Canadian Dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">(509)<span></span>
</td>
<td class="num">(484)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">(465)<span></span>
</td>
<td class="num">(461)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember', window );">Other currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems', window );"><strong>Disclosure of interest bearing financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansCarryingValue', window );">Carrying amount</a></td>
<td class="num">(364)<span></span>
</td>
<td class="num">(375)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_FixedRateInterestBearingLoansFairValue', window );">Fair value</a></td>
<td class="num">$ (362)<span></span>
</td>
<td class="num">$ (373)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents information about interest bearing financial instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfInterestBearingFinancialInstrumentsLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fixed rate interest bearing loans carrying value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_FixedRateInterestBearingLoansCarryingValue</td>
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<td>instant</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fixed rate interest bearing loans fair value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_FixedRateInterestBearingLoansFairValue</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_GBP</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_CAD</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=srt_OtherCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=srt_OtherCurrencyMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Analysis of Financial Instruments (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">$ 18,239<span></span>
</td>
<td class="nump">$ 17,092<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">101,013<span></span>
</td>
<td class="nump">98,379<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Quoted (unadjusted) prices- level 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">31<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Quoted (unadjusted) prices- level 1 [member] | Derivative liabilities [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Quoted (unadjusted) prices- level 1 [member] | Derivatives [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">31<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">696<span></span>
</td>
<td class="nump">796<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">6,333<span></span>
</td>
<td class="nump">5,857<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivative liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">5,609<span></span>
</td>
<td class="nump">5,644<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivative liabilities [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">396<span></span>
</td>
<td class="nump">105<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivative liabilities [member] | Fair value hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">102<span></span>
</td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivative liabilities [member] | Net investment hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">227<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Non derivative financial assets [member] | Held for trading (non-derivatives) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivatives [member] | Financial assets at fair value through profit or loss, category [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">36<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivatives [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">454<span></span>
</td>
<td class="nump">416<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Observable market inputs - level 2 [member] | Derivatives [member] | Net investment hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial Assets</a></td>
<td class="nump">207<span></span>
</td>
<td class="nump">345<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Unobservable market inputs - level 3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">241<span></span>
</td>
<td class="nump">288<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Unobservable market inputs - level 3 [member] | Derivative liabilities [member] | Deferred consideration on acquisitions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial Liabilities</a></td>
<td class="nump">$ 241<span></span>
</td>
<td class="nump">$ 288<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Classes of financial instruments [domain]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35H<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35M<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35N<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35I<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 71<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_71&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Classes of financial instruments [domain]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_FairValueHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_FairValueHedgesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=bud_NetInvestmentHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_NetInvestmentHedgesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_NonDerivativeFinancialAssetsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_HeldtomaturityInvestmentsCategoryMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=bud_DeferredConsiderationOnAcquisitionsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>174
<FILENAME>R163.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Risks arising from Financial instruments - Summary of Hedging Reserve and Hedging Instruments (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 1 January</a></td>
<td class="nump">$ 490<span></span>
</td>
<td class="nump">$ 181<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome', window );">Change in fair value of hedging instrument recognized in OCI</a></td>
<td class="nump">92<span></span>
</td>
<td class="nump">573<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss', window );">Reclassified to profit or loss / cost of inventory</a></td>
<td class="num">(192)<span></span>
</td>
<td class="num">(264)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 31 December</a></td>
<td class="nump">390<span></span>
</td>
<td class="nump">490<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CommodityContractsMember', window );">Commodity Contracts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 1 January</a></td>
<td class="num">(241)<span></span>
</td>
<td class="num">(304)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome', window );">Change in fair value of hedging instrument recognized in OCI</a></td>
<td class="nump">403<span></span>
</td>
<td class="nump">54<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss', window );">Reclassified to profit or loss / cost of inventory</a></td>
<td class="num">(81)<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 31 December</a></td>
<td class="nump">82<span></span>
</td>
<td class="num">(241)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember', window );">Foreign currency futures contract &amp; others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems', window );"><strong>Disclosure of detailed information about hedging instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 1 January</a></td>
<td class="nump">731<span></span>
</td>
<td class="nump">486<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome', window );">Change in fair value of hedging instrument recognized in OCI</a></td>
<td class="num">(312)<span></span>
</td>
<td class="nump">519<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_GainsLossesOnHedgesRecognizedInProfitOrLoss', window );">Reclassified to profit or loss / cost of inventory</a></td>
<td class="num">(111)<span></span>
</td>
<td class="num">(273)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_HedgeReserve', window );">As per 31 December</a></td>
<td class="nump">$ 308<span></span>
</td>
<td class="nump">$ 731<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gain loss on change in fair value of hedging instrument used as basis for recognizing in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GainLossOnChangeInFairValueOfHedgingInstrumentUsedAsBasisForRecognizingInOtherComprehensiveIncome</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gains Losses on Hedges Recognized In Profit or Loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_GainsLossesOnHedgesRecognizedInProfitOrLoss</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Hedge reserve</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_HedgeReserve</td>
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<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_CommodityContractsMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=bud_ForeignCurrencyFuturesContractAndOtherHedgingInstrumentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Risks Arising from Financial Instruments - Summary of Offsetting Financial Assets and Liabilities (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_DerivativesMember', window );">Derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Gross amount</a></td>
<td class="nump">$ 728<span></span>
</td>
<td class="nump">$ 815<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition', window );">Net amount recognized in the statement of financial position</a></td>
<td class="nump">728<span></span>
</td>
<td class="nump">815<span></span>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements', window );">Other offsetting agreements</a></td>
<td class="num">(725)<span></span>
</td>
<td class="num">(814)<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Total net amount</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=bud_DerivativeLiabilitiesMember', window );">Derivative liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Gross amount</a></td>
<td class="num">(6,397)<span></span>
</td>
<td class="num">(5,886)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition', window );">Net amount recognized in the statement of financial position</a></td>
<td class="num">(6,397)<span></span>
</td>
<td class="num">(5,886)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements', window );">Other offsetting agreements</a></td>
<td class="nump">725<span></span>
</td>
<td class="nump">814<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Total net amount</a></td>
<td class="num">$ (5,672)<span></span>
</td>
<td class="num">$ (5,071)<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of financial assets subject to enforceable master netting other offsetting arrangement or similar agreements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements</td>
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<td>xbrli:monetaryItemType</td>
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<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gross amount of recognised financial assets that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities set off against financial assets when an entity: (a) currently has a legally enforceable right to set off the recognised amounts; and (b) intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. [Refer: Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 49<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_49&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 49<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_49&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount remaining after deducting the amounts subject to an enforceable master netting arrangement or similar agreement that were not set off against financial assets, from the net amount of financial assets subject to offsetting or subject to an enforceable master netting arrangement or similar agreement presented in the statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The net amount of financial assets that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement, presented in the statement of financial position. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount remaining after deducting the amounts subject to an enforceable master netting arrangement or similar agreement that were not set off against financial liabilities, from the net amount of financial liabilities subject to offsetting or subject to an enforceable master netting arrangement or similar agreement presented in the statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The net amount of financial liabilities that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement, presented in the statement of financial position. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition</td>
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<td>instant</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_DerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_DerivativesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=bud_DerivativeLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=bud_DerivativeLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>176
<FILENAME>R165.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Collateral and Contractual Commitments for the Acquisition of Property, Plant and Equipment, Loans to Customers and Other - Summary of Collateral and Contractual Commitments for Acquisition of Property, Plant And Equipment, Loans to Customers and Other (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CollateralAndContractualCommitmentsAbstract', window );"><strong>Collateral and contractual commitments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities', window );">Collateral given for own liabilities</a></td>
<td class="nump">$ 292<span></span>
</td>
<td class="nump">$ 240<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment', window );">Contractual commitments to purchase property, plant and equipment</a></td>
<td class="nump">171<span></span>
</td>
<td class="nump">257<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherContractualCommitments', window );">Other contractual commitments</a></td>
<td class="nump">1,687<span></span>
</td>
<td class="nump">58<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherCommitments', window );">Other commitments</a></td>
<td class="nump">$ 1,816<span></span>
</td>
<td class="nump">$ 1,684<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CollateralAndContractualCommitmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Collateral and contractual commitments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CollateralAndContractualCommitmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OtherCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other commitments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OtherContractualCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other contractual commitments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherContractualCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual commitments for the acquisition of property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 74<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_74_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that the entity has pledged as collateral for liabilities or contingent liabilities, including amounts that have been reclassified in accordance with paragraph 3.2.23(a) of IFRS 9. [Refer: Classes of contingent liabilities [domain]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 14<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_14_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>177
<FILENAME>R166.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Collateral and Contractual Commitments for the Acquisition of Property, Plant and Equipment, Loans to Customers and Other - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 05, 2025</div></th>
<th class="th"><div>Jan. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Jan. 30, 2026</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities', window );">Collateral given for own liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 292<span></span>
</td>
<td class="nump">$ 240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities', window );">Cash guarantees for liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">144<span></span>
</td>
<td class="nump">133<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity', window );">Property collateral given for remaining own liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">148<span></span>
</td>
<td class="nump">107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment', window );">Commitments to purchase property plant and equipment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">171<span></span>
</td>
<td class="nump">257<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherCommitments', window );">Other commitments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,816<span></span>
</td>
<td class="nump">1,684<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred', window );">Consideration transferred, acquisition-date fair value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SponsorshipAgreementCommitments', window );">Sponsorship Agreement Commitments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers', window );">Loan Acquisition Commitments To Associates And Customers</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="nump">$ 57<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_PutOption1Member', window );">Put Option [Member] | Entering into significant commitments or contingent liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromExerciseOfOptions', window );">Proceeds from exercise of options</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfSharesSold', window );">Percentage of shares sold</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember', window );">CERVECERIA NACIONAL DOMINICANA S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipSharesHoldByElj', window );">Percentage of shares hold by ELJ</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember', window );">CERVECERIA NACIONAL DOMINICANA S.A. [member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Ownership interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">97.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">85.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PutOptionRemeasuredAtFairValue', window );">Put option</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="nump">$ 210<span></span>
</td>
<td class="nump">$ 195<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_BeatboxBeveragesMember', window );">Beatbox beverages [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipAcquiredInBusinessCombination', window );">Percentage Of Ownership Acquired In Business Combination</a></td>
<td class="nump">85.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipNeedToBeAchieved', window );">Percentage Of Ownership Need To Be Achieved</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred', window );">Consideration transferred, acquisition-date fair value</a></td>
<td class="nump">$ 490<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=bud_UsBasedMetalContainerPlantsMember', window );">US Based metal container plants [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems', window );"><strong>Disclosure of collateral and contractual commitments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipAcquiredInBusinessCombination', window );">Percentage Of Ownership Acquired In Business Combination</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">49.90%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred', window );">Consideration transferred, acquisition-date fair value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,900<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfCollateralAndContractualCommitmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represents collateral and contractual commitments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfCollateralAndContractualCommitmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Loan Acquisition Commitments To Associates And Customers</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_LoanAcquisitionCommitmentsToAssociatesAndCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OtherCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other commitments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOwnershipAcquiredInBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of ownership acquired in business combination.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOwnershipAcquiredInBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOwnershipNeedToBeAchieved">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage Of Ownership Need To Be Achieved</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOwnershipNeedToBeAchieved</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOwnershipSharesHoldByElj">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of ownership shares hold by ELJ.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOwnershipSharesHoldByElj</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfSharesSold">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of shares sold.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfSharesSold</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PutOptionRemeasuredAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Put option re-measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PutOptionRemeasuredAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SponsorshipAgreementCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Sponsorship Agreement Commitments</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SponsorshipAgreementCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value, at acquisition date, of the consideration transferred in a business combination. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B64<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B64_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash collateral pledged that is subject to an enforceable master netting arrangement or similar agreement and that is not set off against financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph IG40D<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_IG40D&amp;doctype=Implementation%20Guidance<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 13C<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_13C_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual commitments for the acquisition of property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 74<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_74_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that the entity has pledged as collateral for liabilities or contingent liabilities, including amounts that have been reclassified in accordance with paragraph 3.2.23(a) of IFRS 9. [Refer: Classes of contingent liabilities [domain]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 14<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_14_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 51<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_51_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromExerciseOfOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the exercise of options.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromExerciseOfOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment pledged as security for liabilities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2025-01-01<br> -Paragraph 74<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_74_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 201<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_201_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_PutOption1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=bud_PutOption1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_CerveceriaNacionalDominicanaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_BeatboxBeveragesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_BeatboxBeveragesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_UsBasedMetalContainerPlantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_UsBasedMetalContainerPlantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>178
<FILENAME>R167.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingencies - Summary of Ab Inbev's Material Tax Proceedings Related to Ambev and Its Subsidiaries (Detail) - Ambev [member] - Legal proceedings contingent liability [member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_IncomeTaxAndSocialContribution', window );">Income tax and social contribution</a></td>
<td class="nump">$ 13,122<span></span>
</td>
<td class="nump">$ 10,525<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ValueAddedAndExciseTaxes', window );">Value-added and excise taxes</a></td>
<td class="nump">5,236<span></span>
</td>
<td class="nump">4,544<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherTaxes', window );">Other taxes</a></td>
<td class="nump">691<span></span>
</td>
<td class="nump">622<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MaterialTaxNet', window );">Material tax net</a></td>
<td class="nump">$ 19,049<span></span>
</td>
<td class="nump">$ 15,691<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Detailed Information About Material Tax [Line Items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_IncomeTaxAndSocialContribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Income tax and social contribution.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_IncomeTaxAndSocialContribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_MaterialTaxNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Material tax net.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_MaterialTaxNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OtherTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ValueAddedAndExciseTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Value added and excise taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ValueAddedAndExciseTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>179
<FILENAME>R168.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingencies - Additional Information (Detail)<br> &#8364; in Millions, R$ in Millions, $ in Millions, Tsh in Billions, S/ in Billions, R in Billions</strong></div></th>
<th class="th" colspan="4">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="4"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2"></th>
</tr>
<tr>
<th class="th">
<div>Feb. 28, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Feb. 28, 2025 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Feb. 29, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Feb. 29, 2024 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2023 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>TZS (Tsh)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>ZAR (R)</div>
</th>
<th class="th">
<div>Dec. 31, 2025 </div>
<div>PEN (S/)</div>
</th>
<th class="th">
<div>Nov. 30, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Nov. 30, 2025 </div>
<div>BRL (R$)</div>
</th>
<th class="th"><div>Oct. 31, 2025</div></th>
<th class="th">
<div>Jul. 31, 2025 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jul. 31, 2025 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Sep. 30, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2024 </div>
<div>BRL (R$)</div>
</th>
<th class="th"><div>Nov. 30, 2023</div></th>
<th class="th">
<div>Jan. 24, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jan. 24, 2019 </div>
<div>EUR (&#8364;)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Exposure to credit risk</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,406<span></span>
</td>
<td class="nump">$ 4,714<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions recorded</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">617<span></span>
</td>
<td class="nump">$ 576<span></span>
</td>
<td class="nump">$ 589<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AggregateExceptionalChargeForTaxAuditClaim', window );">Aggregate exceptional charge for tax audit claim</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ExceptionalChargeForTaxAuditClaim', window );">Exceptional charge for Tax audit claim</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 66<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxLitigationMinasGeraisLawImpact', window );">Tax litigation minas gerais law impact</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxPenaltyLimitAppliedPercent', window );">Tax penalty limit applied percent</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxLitigationMaranhaoNewClaims', window );">Tax litigation maranhao new claims</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="nump">R$ 1,400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ReductionContingentLiabilities', window );">Reduction Contingent Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 500<span></span>
</td>
<td class="nump">R$ 2,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt', window );">Amount In Respect Of Which Party Favourable Judgement Is Given By Lower Administrative Court</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 18<span></span>
</td>
<td class="nump">R$ 100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DisallowanceOfTaxPaidAbroadMember', window );">Disallowance Of Tax Paid Abroad [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 19,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DeductibilityOfIocExpensesMember', window );">Deductibility Of IOC Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_ABINBEVSPERUVIANTAXMATTERSMember', window );">AB INBEV'S PERUVIAN TAX MATTERS [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">S/ 2.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ClaimOnDividendsOfShares', window );">Claim on dividends of shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AssessmentAmountOfPrepaidBySubsidiaries', window );">Assessment amount of prepaid by subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">S/ 0.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_AbInbevsSouthAfricaTaxMattersMember', window );">AB INBEVS SOUTH AFRICA TAX MATTERS [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmountPayableInRespectOfTaxMattersSettledGross', window );">Amount payable in respect of tax matters settled gross</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R 4.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OriginalAssessmentFromSARSAlreadySettled', window );">Original assessment from SARS (already settled)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">17.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled', window );">Original assessment from SARS to CCBA (already settled)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled', window );">Original assessment from SARS - excluding penalties and fees (already settled)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R 6.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | TANZANIA BREWERIES PLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled', window );">Original assessment from SARS to CCBA (already settled)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_EuropeanCommissionDecisionMember', window );">European commission decision [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions recorded</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 80<span></span>
</td>
<td class="nump">&#8364; 68<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermDeposits', window );">Deposits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 80<span></span>
</td>
<td class="nump">&#8364; 68<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember', window );">Ambev [member] | MAG [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_RevisedPenaltyPayableInPercentage', window );">Revised penalty payable in percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">75.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PenaltyPayableInPercentage', window );">Penalty payable in percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">150.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">61.73%<span></span>
</td>
<td class="nump">61.73%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember', window );">Ambev [member] | IPI excise tax [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageReductionInTheAmountPayableToTaxAuthorities', window );">Percentage reduction in the amount payable to tax authorities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">98.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember', window );">Ambev [member] | Manaus free trade zone IPI social contributions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_ArosucoMember', window );">Arosuco [member] | Disallowance Of Tax Paid Abroad [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">192<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_CerbucoBrewingIncMember', window );">Cerbuco Brewing Inc [Member] | Cerveceria Bucanero S.A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentOneMember', window );">Tax Assessment During 2005 [member] | Foreign subsidiaries [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_TaxAssessmentAmountRelatedToTaxReturn', window );">Tax assessment amount which were cancelled since Sep 2024</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="nump">R$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentOneMember', window );">Tax Assessment During 2005 [member] | Foreign subsidiaries [member] | In Bev Holding Brasil SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRisk', window );">Exposure to credit risk</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentTwoMember', window );">Tax Assessment in December 2011 [member] | Ambev [member] | In Bev Holding Brasil SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,400<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentThreeMember', window );">Tax assessment in October 2013 [member] | Ambev [member] | Beverage Associates Holding Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentEightMember', window );">Tax Assessment in December 2015 [member] | Ambev [member] | Integration program social security financing levy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxassessmentnineMember', window );">Tax Assessment in December [Member] | Ambev [member] | MAG [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentInNovember2017Member', window );">Tax Assessment in November 2017 [member] | Ambev [member] | CND Holdings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_RioDeJaneiroMember', window );">Rio de Janeiro [member] | Arosuco [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_TZ', window );">Tanzania [member] | TANZANIA BREWERIES PLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">39.65%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_TZ', window );">Tanzania [member] | Tax contingent liability [member] | TANZANIA BREWERIES PLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled', window );">Original assessment from SARS to CCBA (already settled) | Tsh</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">Tsh 850<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_ICMSPRODEPEMember', window );">ICMS-PRODEPE [Member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_IcmsstTriggerMember', window );">ICMS-ST Trigger [member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_AmountOfReclassificationOfRemoteLoss', window );">Amount of reclassification of remote loss</a></td>
<td class="nump">$ 200<span></span>
</td>
<td class="nump">R$ 800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfMaximumLimitForLateFines', window );">Percentage of maximum limit for late fines</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember', window );">ICMS Tax Credits For Rio Grande do Sul and Sao Paulo [Member] | Tax Assessment in 2018 and 2021 [member] | Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems', window );"><strong>Disclosure of detailed information about material tax [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_LossContingencyEstimateOfPossibleLoss1', window );">Estimate of possible loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AggregateExceptionalChargeForTaxAuditClaim">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Aggregate exceptional charge for tax audit claim.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AggregateExceptionalChargeForTaxAuditClaim</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount in respect of which party favourable judgment is given by lower administrative court.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AmountInRespectOfWhichPartyFavourableJudgementIsGivenByLowerAdministrativeCourt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AmountOfReclassificationOfRemoteLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of reclassification of remote loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AmountOfReclassificationOfRemoteLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AmountPayableInRespectOfTaxMattersSettledGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount payable in respect of tax matters settled gross.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AmountPayableInRespectOfTaxMattersSettledGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_AssessmentAmountOfPrepaidBySubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Assessment amount of prepaid by subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_AssessmentAmountOfPrepaidBySubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ClaimOnDividendsOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Claim on dividends of shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ClaimOnDividendsOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure Of Detailed Information About Material Tax [Line Items]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfDetailedInformationAboutMaterialTaxLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ExceptionalChargeForTaxAuditClaim">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Exceptional charge for tax audit claim.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ExceptionalChargeForTaxAuditClaim</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_LossContingencyEstimateOfPossibleLoss1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Loss contingency estimate of possible loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_LossContingencyEstimateOfPossibleLoss1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OriginalAssessmentFromSARSAlreadySettled">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Original assessment from SARS already settled.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OriginalAssessmentFromSARSAlreadySettled</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Original assessment from SARS excluding penalties and fees (already settled).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OriginalAssessmentFromSARSExcludingPenaltiesAndFeesAlreadySettled</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_OriginalAssessmentFromSARSToCCBAAlreadySettled">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Original assessment from SARS to CCBA (already settled).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OriginalAssessmentFromSARSToCCBAAlreadySettled</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PenaltyPayableInPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Penalty payable in percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PenaltyPayableInPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfMaximumLimitForLateFines">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of maximum limit for late fines.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfMaximumLimitForLateFines</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageReductionInTheAmountPayableToTaxAuthorities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage reduction in the amount payable to tax authorities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageReductionInTheAmountPayableToTaxAuthorities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ReductionContingentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Reduction contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ReductionContingentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_RevisedPenaltyPayableInPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Revised penalty payable in percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_RevisedPenaltyPayableInPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxAssessmentAmountRelatedToTaxReturn">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax assessment amount related to tax return.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxAssessmentAmountRelatedToTaxReturn</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxLitigationMaranhaoNewClaims">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax litigation maranhao new claims.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxLitigationMaranhaoNewClaims</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxLitigationMinasGeraisLawImpact">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax litigation minas gerais law impact.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxLitigationMinasGeraisLawImpact</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_TaxPenaltyLimitAppliedPercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tax penalty limit applied percent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_TaxPenaltyLimitAppliedPercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of long-term deposits held by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaximumExposureToCreditRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that best represents the maximum exposure to credit risk without taking into account any collateral held or other credit enhancements (for example, netting agreements that do not qualify for offset in accordance with IAS 32). [Refer: Credit risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 35K<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35K_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaximumExposureToCreditRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DisallowanceOfTaxPaidAbroadMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DisallowanceOfTaxPaidAbroadMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DeductibilityOfIocExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_DeductibilityOfIocExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_ABINBEVSPERUVIANTAXMATTERSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_ABINBEVSPERUVIANTAXMATTERSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_AbInbevsSouthAfricaTaxMattersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_AbInbevsSouthAfricaTaxMattersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TanzaniaBreweriesPlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TanzaniaBreweriesPlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_EuropeanCommissionDecisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=bud_EuropeanCommissionDecisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=bud_MagMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_MagMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
</table>
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<td>na</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=bud_InBevHoldingBrasilSAMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentTwoMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentThreeMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<td><strong> Name:</strong></td>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ContingentLiabilitiesFinancialInstitutionAxis=bud_IntegrationProgramSocialSecurityFinancingLevyMember">
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</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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</table></div>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_TZ</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=bud_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=bud_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Non-Controlling Interests - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfNoncontrollingInterestsLineItems', window );"><strong>Disclosure of noncontrolling interests [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interests in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="nump">61.73%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends paid to non-controlling interests</a></td>
<td class="nump">$ 1,400<span></span>
</td>
<td class="nump">$ 800<span></span>
</td>
<td class="nump">$ 1,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_BudweiserApacMember', window );">Budweiser APAC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfNoncontrollingInterestsLineItems', window );"><strong>Disclosure of noncontrolling interests [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interests in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="nump">87.22%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities', window );">Dividends paid to non-controlling interests</a></td>
<td class="nump">$ 119<span></span>
</td>
<td class="nump">$ 119<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of non-controlling interests.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfNoncontrollingInterestsLineItems</td>
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<td>bud_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidToNoncontrollingInterests</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for dividends paid to non-controlling interests, classified as financing activities. [Refer: Non-controlling interests; Dividends paid to non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_BudweiserApacMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>181
<FILENAME>R170.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Non-Controlling Interests - Summary of Financial Information of Material Non-controlling Interest (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jan. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfFinancialPositionAbstract', window );"><strong>Summarized statement of financial position information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 24,769<span></span>
</td>
<td class="nump">$ 22,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">194,039<span></span>
</td>
<td class="nump">183,637<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,475<span></span>
</td>
<td class="nump">33,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86,596<span></span>
</td>
<td class="nump">84,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Equity attributable to equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">87,287<span></span>
</td>
<td class="nump">78,237<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling&#160;interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,449<span></span>
</td>
<td class="nump">10,463<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract', window );"><strong>Summarized income statement and comprehensive income information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59,320<span></span>
</td>
<td class="nump">59,768<span></span>
</td>
<td class="nump">$ 59,380<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="nump">6,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="nump">5,341<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="nump">6,891<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,726<span></span>
</td>
<td class="num">(8,812)<span></span>
</td>
<td class="nump">3,876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="num">$ (1,396)<span></span>
</td>
<td class="nump">15,203<span></span>
</td>
<td class="num">(1,396)<span></span>
</td>
<td class="nump">10,767<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13,397<span></span>
</td>
<td class="num">(2,191)<span></span>
</td>
<td class="nump">9,739<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,806<span></span>
</td>
<td class="nump">795<span></span>
</td>
<td class="nump">1,028<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfCashFlowsAbstract', window );"><strong>Summarized cash flow information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash flow from operating activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14,883<span></span>
</td>
<td class="nump">15,055<span></span>
</td>
<td class="nump">13,265<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash flow from investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,436)<span></span>
</td>
<td class="num">(3,259)<span></span>
</td>
<td class="num">(4,390)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash flow from financing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(11,450)<span></span>
</td>
<td class="num">(9,854)<span></span>
</td>
<td class="num">(8,560)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember', window );">Ambev [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfFinancialPositionAbstract', window );"><strong>Summarized statement of financial position information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,951<span></span>
</td>
<td class="nump">8,746<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18,394<span></span>
</td>
<td class="nump">17,498<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,264<span></span>
</td>
<td class="nump">7,976<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,947<span></span>
</td>
<td class="nump">2,186<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Equity attributable to equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,977<span></span>
</td>
<td class="nump">15,930<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling&#160;interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">156<span></span>
</td>
<td class="nump">151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract', window );"><strong>Summarized income statement and comprehensive income information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,751<span></span>
</td>
<td class="nump">16,678<span></span>
</td>
<td class="nump">15,920<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,854<span></span>
</td>
<td class="nump">2,768<span></span>
</td>
<td class="nump">2,987<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,767<span></span>
</td>
<td class="nump">2,692<span></span>
</td>
<td class="nump">2,895<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">87<span></span>
</td>
<td class="nump">76<span></span>
</td>
<td class="nump">92<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,854<span></span>
</td>
<td class="nump">2,768<span></span>
</td>
<td class="nump">2,987<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,759)<span></span>
</td>
<td class="nump">1,677<span></span>
</td>
<td class="num">(1,909)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,095<span></span>
</td>
<td class="nump">4,445<span></span>
</td>
<td class="nump">1,078<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,028<span></span>
</td>
<td class="nump">4,337<span></span>
</td>
<td class="nump">1,011<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">66<span></span>
</td>
<td class="nump">108<span></span>
</td>
<td class="nump">67<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfCashFlowsAbstract', window );"><strong>Summarized cash flow information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash flow from operating activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,364<span></span>
</td>
<td class="nump">4,866<span></span>
</td>
<td class="nump">4,934<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash flow from investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(884)<span></span>
</td>
<td class="num">(1,019)<span></span>
</td>
<td class="num">(1,151)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash flow from financing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,779)<span></span>
</td>
<td class="num">(1,930)<span></span>
</td>
<td class="num">(3,218)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net increase/(decrease) in cash and cash equivalents</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,298)<span></span>
</td>
<td class="nump">1,917<span></span>
</td>
<td class="nump">565<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_BudweiserApacMember', window );">Budweiser APAC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfFinancialPositionAbstract', window );"><strong>Summarized statement of financial position information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,810<span></span>
</td>
<td class="nump">3,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,958<span></span>
</td>
<td class="nump">10,945<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,832<span></span>
</td>
<td class="nump">3,924<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">608<span></span>
</td>
<td class="nump">605<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Equity attributable to equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,262<span></span>
</td>
<td class="nump">10,184<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling&#160;interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">66<span></span>
</td>
<td class="nump">56<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract', window );"><strong>Summarized income statement and comprehensive income information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,764<span></span>
</td>
<td class="nump">6,246<span></span>
</td>
<td class="nump">6,856<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="nump">750<span></span>
</td>
<td class="nump">880<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">489<span></span>
</td>
<td class="nump">719<span></span>
</td>
<td class="nump">852<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31<span></span>
</td>
<td class="nump">31<span></span>
</td>
<td class="nump">28<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="nump">750<span></span>
</td>
<td class="nump">880<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">287<span></span>
</td>
<td class="num">(694)<span></span>
</td>
<td class="num">(286)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">807<span></span>
</td>
<td class="nump">56<span></span>
</td>
<td class="nump">594<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Equity holders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">772<span></span>
</td>
<td class="nump">33<span></span>
</td>
<td class="nump">567<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfCashFlowsAbstract', window );"><strong>Summarized cash flow information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash flow from operating activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">951<span></span>
</td>
<td class="nump">1,135<span></span>
</td>
<td class="nump">1,811<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash flow from investing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(324)<span></span>
</td>
<td class="num">(409)<span></span>
</td>
<td class="num">(447)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash flow from financing activities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(738)<span></span>
</td>
<td class="num">(903)<span></span>
</td>
<td class="num">(621)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net increase/(decrease) in cash and cash equivalents</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (111)<span></span>
</td>
<td class="num">$ (177)<span></span>
</td>
<td class="nump">$ 743<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Summarized income statement and comprehensive income information.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SummarizedIncomeStatementAndComprehensiveIncomeInformationAbstract</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, from continuing and discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
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</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents, from continuing and discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph r<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2025-01-01<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 169<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_169&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2025-01-01<br> -Paragraph 22<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 12<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfCashFlowsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfCashFlowsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfFinancialPositionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfFinancialPositionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_AmbevMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
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<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=bud_BudweiserApacMember</td>
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<tr>
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<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R171.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of Directors and Executive Board Management Compensation (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_DirectorsMember', window );">Directors [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term employee benefits</a></td>
<td class="nump">$ 2<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
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<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total Compensation</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_ExecutiveBoardManagementMember', window );">Executive Committee [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term employee benefits</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">15<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment', window );">Share-based payment</a></td>
<td class="nump">57<span></span>
</td>
<td class="nump">55<span></span>
</td>
<td class="nump">46<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total Compensation</a></td>
<td class="nump">$ 68<span></span>
</td>
<td class="nump">$ 70<span></span>
</td>
<td class="nump">$ 58<span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td>na</td>
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<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 227<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_227&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 227<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_227&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensation</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_DirectorsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_ExecutiveBoardManagementMember</td>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R172.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Additional Information (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="rh">
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
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<td class="nump">$ 98<span></span>
</td>
<td class="nump">$ 112<span></span>
</td>
<td class="nump">$ 65<span></span>
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</tr>
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<td class="nump">11<span></span>
</td>
<td class="nump">9<span></span>
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<td class="nump">3<span></span>
</td>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_OtherExpense', window );">Other expense</a></td>
<td class="num">$ (12)<span></span>
</td>
<td class="num">$ (12)<span></span>
</td>
<td class="num">$ (13)<span></span>
</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_OtherExpense</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_iv&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding commitments made by the entity in related party transactions. [Refer: Total for all related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2025-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 230<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_230_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 230<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_230_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OutstandingCommitmentsMadeByEntityRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=bud_BavariaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=bud_BavariaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=bud_UnitedStatesDefinedBenefitPlansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=bud_UnitedStatesDefinedBenefitPlansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>184
<FILENAME>R173.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Parties - Summary of AB InBev's Transactions with Associates (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">$ 33,179<span></span>
</td>
<td class="nump">$ 33,024<span></span>
</td>
<td class="nump">$ 31,984<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">24,769<span></span>
</td>
<td class="nump">22,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">34,475<span></span>
</td>
<td class="nump">33,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_AssociatesMember', window );">Associates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">19<span></span>
</td>
<td class="num">(215)<span></span>
</td>
<td class="num">(233)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">102<span></span>
</td>
<td class="nump">102<span></span>
</td>
<td class="nump">108<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">$ 13<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_AssociatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_AssociatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>185
<FILENAME>R174.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<head>
<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Supplemental Guarantor Financial Information - Additional Information (Detail)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember', window );">Anheuser- Busch InBev SA/NV [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_DisclosureOfSupplementalGuarantorInformationLineItems', window );"><strong>Disclosure of supplemental guarantor information [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percentage of voting equity interests acquired</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_DisclosureOfSupplementalGuarantorInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. Supplemental guarantor information.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_DisclosureOfSupplementalGuarantorInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of voting equity interests acquired in a business combination. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B64<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B64_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfVotingEquityInterestsAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>186
<FILENAME>R175.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
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<title></title>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Supplemental Guarantor Financial Information - Schedule of Condensed Consolidated Income Statement (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 59,320<span></span>
</td>
<td class="nump">$ 59,768<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 59,380<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(26,141)<span></span>
</td>
<td class="num">(26,744)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,396)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,179<span></span>
</td>
<td class="nump">33,024<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31,984<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,405<span></span>
</td>
<td class="nump">15,487<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,966<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,465)<span></span>
</td>
<td class="num">(5,353)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,102)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,850)<span></span>
</td>
<td class="num">(3,152)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,234)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,891<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,477<span></span>
</td>
<td class="nump">7,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 6,891<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=ifrs-full_ConsolidatedStructuredEntitiesMember', window );">Consolidated [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,134<span></span>
</td>
<td class="nump">13,323<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,254)<span></span>
</td>
<td class="num">(6,440)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,879<span></span>
</td>
<td class="nump">6,883<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,693)<span></span>
</td>
<td class="num">(4,659)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MiscellaneousOtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">57<span></span>
</td>
<td class="nump">523<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,243<span></span>
</td>
<td class="nump">2,747<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(3,469)<span></span>
</td>
<td class="num">(2,709)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of result of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">201<span></span>
</td>
<td class="num">(43)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,023)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,023)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember', window );">Anheuser- Busch InBev SA/NV [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">561<span></span>
</td>
<td class="nump">507<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(518)<span></span>
</td>
<td class="num">(470)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">43<span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(74)<span></span>
</td>
<td class="num">(139)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MiscellaneousOtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">178<span></span>
</td>
<td class="nump">633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">148<span></span>
</td>
<td class="nump">530<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(757)<span></span>
</td>
<td class="num">(588)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(83)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(638)<span></span>
</td>
<td class="num">(141)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossAttributableToSubsidiaries', window );">Income from subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,475<span></span>
</td>
<td class="nump">5,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,837<span></span>
</td>
<td class="nump">5,855<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember', window );">Anheuser Busch InBev Worldwide Inc. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,008<span></span>
</td>
<td class="nump">1,081<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MiscellaneousOtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,004<span></span>
</td>
<td class="nump">1,077<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,832)<span></span>
</td>
<td class="num">(1,496)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">402<span></span>
</td>
<td class="nump">129<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,426)<span></span>
</td>
<td class="num">(290)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossAttributableToSubsidiaries', window );">Income from subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,220<span></span>
</td>
<td class="nump">408<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(206)<span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevFinanceIncMember', window );">Anheuser Busch InBev Finance Inc. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember', window );">Anheuser Busch Companies [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,632<span></span>
</td>
<td class="nump">12,877<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,791)<span></span>
</td>
<td class="num">(6,024)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,840<span></span>
</td>
<td class="nump">6,852<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,649)<span></span>
</td>
<td class="num">(5,607)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MiscellaneousOtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(119)<span></span>
</td>
<td class="num">(106)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,073<span></span>
</td>
<td class="nump">1,139<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">71<span></span>
</td>
<td class="num">(891)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of result of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(165)<span></span>
</td>
<td class="num">(76)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">980<span></span>
</td>
<td class="nump">172<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossAttributableToSubsidiaries', window );">Income from subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">239<span></span>
</td>
<td class="nump">236<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,220<span></span>
</td>
<td class="nump">408<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_BrandbrewBrandbevAndCobrewMember', window );">Brandbrew, Brandbev and Cobrew [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_MiscellaneousOtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit/(loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance income/(expense)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">36<span></span>
</td>
<td class="nump">248<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit/(loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50<span></span>
</td>
<td class="nump">240<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossAttributableToSubsidiaries', window );">Income from subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,632<span></span>
</td>
<td class="nump">869<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,681<span></span>
</td>
<td class="nump">1,109<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidationItemsAxis=srt_ConsolidationEliminationsMember', window );">Eliminations [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_CondensedFinancialStatementsCaptionsLineItems', window );"><strong>Condensed Financial Statements, Captions [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(60)<span></span>
</td>
<td class="num">(61)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">55<span></span>
</td>
<td class="nump">55<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_SellingGeneralAndAdministrativeExpenses', window );">Selling, general and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProfitLossAttributableToSubsidiaries', window );">Income from subsidiaries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(10,566)<span></span>
</td>
<td class="num">(7,509)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit of the period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (10,566)<span></span>
</td>
<td class="num">$ (7,509)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Other operating income/(expenses) and Net finance income/(expense) include exceptional items.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_MiscellaneousOtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Miscellaneous other operating income expense</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_MiscellaneousOtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProfitLossAttributableToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Profit (loss) attributable to subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProfitLossAttributableToSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_SellingGeneralAndAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Selling, general and administrative expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_SellingGeneralAndAdministrativeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 192<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_192&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 194<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_194_c_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 17<br> -IssueDate 2025-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_ii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations, unless line item indicates otherwise [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2025-01-01<br> -Paragraph IE33<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2025-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
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<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2025-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
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<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CondensedFinancialStatementsCaptionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 12<br> -Subsection 04<br> -Paragraph a<br> -Publisher SEC<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 5<br> -Subsection 04<br> -Paragraph c<br> -Subparagraph Schedule I<br> -Publisher SEC<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 7<br> -Subsection 05<br> -Paragraph c<br> -Subparagraph Schedule II<br> -Publisher SEC<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 9<br> -Subsection 06<br> -Publisher SEC<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CondensedFinancialStatementsCaptionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=ifrs-full_ConsolidatedStructuredEntitiesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_BrandbrewBrandbevAndCobrewMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
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<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Supplemental Guarantor Financial Information - Schedule of Condensed Consolidated Statement of Financial Position (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2025</div></th>
<th class="th"><div>Dec. 31, 2024</div></th>
<th class="th"><div>Dec. 31, 2023</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">$ 194,039<span></span>
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<td class="nump">$ 183,637<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">24,769<span></span>
</td>
<td class="nump">22,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">97,736<span></span>
</td>
<td class="nump">88,700<span></span>
</td>
<td class="nump">$ 92,676<span></span>
</td>
<td class="nump">$ 84,278<span></span>
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</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">86,596<span></span>
</td>
<td class="nump">84,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">34,475<span></span>
</td>
<td class="nump">33,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=ifrs-full_ConsolidatedStructuredEntitiesMember', window );">Consolidated [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">43,964<span></span>
</td>
<td class="nump">54,513<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">61,248<span></span>
</td>
<td class="nump">62,104<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">105,212<span></span>
</td>
<td class="nump">116,617<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">18,313<span></span>
</td>
<td class="nump">5,669<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">8,642<span></span>
</td>
<td class="nump">5,301<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">26,954<span></span>
</td>
<td class="nump">10,971<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="num">(903)<span></span>
</td>
<td class="num">(4,445)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">28,273<span></span>
</td>
<td class="nump">34,858<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">77,397<span></span>
</td>
<td class="nump">76,330<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">105,670<span></span>
</td>
<td class="nump">111,188<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">16,305<span></span>
</td>
<td class="nump">9,459<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">11,094<span></span>
</td>
<td class="nump">11,385<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">27,400<span></span>
</td>
<td class="nump">20,844<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember', window );">Anheuser- Busch InBev SA/NV [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">4,727<span></span>
</td>
<td class="nump">11,779<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">114,509<span></span>
</td>
<td class="nump">103,542<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">119,236<span></span>
</td>
<td class="nump">115,321<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">11,090<span></span>
</td>
<td class="nump">2,373<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">292<span></span>
</td>
<td class="nump">251<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">11,383<span></span>
</td>
<td class="nump">2,625<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">87,288<span></span>
</td>
<td class="nump">78,237<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">13,613<span></span>
</td>
<td class="nump">15,265<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">28,386<span></span>
</td>
<td class="nump">22,647<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">41,999<span></span>
</td>
<td class="nump">37,912<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">325<span></span>
</td>
<td class="nump">181<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">1,007<span></span>
</td>
<td class="nump">1,617<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">1,332<span></span>
</td>
<td class="nump">1,798<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember', window );">Anheuser Busch InBev Worldwide Inc. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">3,759<span></span>
</td>
<td class="nump">8,792<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">103,244<span></span>
</td>
<td class="nump">102,143<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">107,003<span></span>
</td>
<td class="nump">110,935<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">5,120<span></span>
</td>
<td class="nump">94<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">344<span></span>
</td>
<td class="nump">116<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">5,464<span></span>
</td>
<td class="nump">210<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">50,730<span></span>
</td>
<td class="nump">50,936<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">22,718<span></span>
</td>
<td class="nump">23,444<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">23,030<span></span>
</td>
<td class="nump">25,920<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">45,748<span></span>
</td>
<td class="nump">49,364<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">15,476<span></span>
</td>
<td class="nump">10,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">513<span></span>
</td>
<td class="nump">550<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">15,989<span></span>
</td>
<td class="nump">10,845<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevFinanceIncMember', window );">Anheuser Busch InBev Finance Inc. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">3,330<span></span>
</td>
<td class="nump">3,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">3,335<span></span>
</td>
<td class="nump">3,473<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">465<span></span>
</td>
<td class="nump">459<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">476<span></span>
</td>
<td class="nump">467<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">415<span></span>
</td>
<td class="nump">405<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">3,303<span></span>
</td>
<td class="nump">3,443<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">3,303<span></span>
</td>
<td class="nump">3,443<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">92<span></span>
</td>
<td class="nump">88<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">92<span></span>
</td>
<td class="nump">93<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember', window );">Anheuser Busch Companies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">42,756<span></span>
</td>
<td class="nump">39,257<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">117,583<span></span>
</td>
<td class="nump">124,340<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">160,339<span></span>
</td>
<td class="nump">163,597<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">9,250<span></span>
</td>
<td class="nump">8,162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">1,977<span></span>
</td>
<td class="nump">1,598<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">11,227<span></span>
</td>
<td class="nump">9,760<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">133,928<span></span>
</td>
<td class="nump">132,668<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">8,561<span></span>
</td>
<td class="nump">11,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">22,544<span></span>
</td>
<td class="nump">24,256<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">31,105<span></span>
</td>
<td class="nump">35,336<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">2,744<span></span>
</td>
<td class="nump">1,908<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">3,789<span></span>
</td>
<td class="nump">3,445<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">6,533<span></span>
</td>
<td class="nump">5,353<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidatedEntitiesAxis=bud_BrandbrewBrandbevAndCobrewMember', window );">Brandbrew, Brandbev and Cobrew [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">6,520<span></span>
</td>
<td class="nump">6,629<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">27,418<span></span>
</td>
<td class="nump">27,309<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">33,938<span></span>
</td>
<td class="nump">33,938<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="nump">2,855<span></span>
</td>
<td class="nump">1,338<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">6,019<span></span>
</td>
<td class="nump">3,327<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">8,873<span></span>
</td>
<td class="nump">4,666<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">28,247<span></span>
</td>
<td class="nump">28,542<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">509<span></span>
</td>
<td class="nump">484<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">133<span></span>
</td>
<td class="nump">64<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="nump">642<span></span>
</td>
<td class="nump">548<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="nump">8,228<span></span>
</td>
<td class="nump">3,827<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">5,694<span></span>
</td>
<td class="nump">5,686<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">13,922<span></span>
</td>
<td class="nump">9,513<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ConsolidationItemsAxis=srt_ConsolidationEliminationsMember', window );">Eliminations [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="num">(17,128)<span></span>
</td>
<td class="num">(15,415)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="num">(301,511)<span></span>
</td>
<td class="num">(295,233)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="num">(318,638)<span></span>
</td>
<td class="num">(310,648)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueFromSubsidiaries', window );">Due from subsidiaries</a></td>
<td class="num">(10,468)<span></span>
</td>
<td class="num">(6,757)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="num">(10,468)<span></span>
</td>
<td class="num">(6,757)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="num">(301,511)<span></span>
</td>
<td class="num">(295,233)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_NonCurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="num">(17,128)<span></span>
</td>
<td class="num">(15,415)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total&#160;non-current&#160;liabilities</a></td>
<td class="num">(17,128)<span></span>
</td>
<td class="num">(15,415)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_CurrentReceivablesDueToSubsidiaries', window );">Due to subsidiaries</a></td>
<td class="num">(10,468)<span></span>
</td>
<td class="num">(6,757)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="num">$ (10,468)<span></span>
</td>
<td class="num">$ (6,757)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrentReceivablesDueFromSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Current receivables due from subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrentReceivablesDueFromSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_CurrentReceivablesDueToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Current receivables due to subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_CurrentReceivablesDueToSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NonCurrentReceivablesDueFromSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Non current receivables due from subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NonCurrentReceivablesDueFromSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_NonCurrentReceivablesDueToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Non current receivables due to subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_NonCurrentReceivablesDueToSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>bud_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2025-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B9<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B9_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_28_a_i&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_b&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 95<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_95_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets that the entity does not separately disclose in the same statement or note. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Non-current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=ifrs-full_ConsolidatedStructuredEntitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=ifrs-full_ConsolidatedStructuredEntitiesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevFinanceIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschInBevFinanceIncMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidatedEntitiesAxis=bud_BrandbrewBrandbevAndCobrewMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidatedEntitiesAxis=bud_BrandbrewBrandbevAndCobrewMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ConsolidationItemsAxis=srt_ConsolidationEliminationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ConsolidationItemsAxis=srt_ConsolidationEliminationsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Events After the Reporting Date - Additional Information (Detail) - USD ($)<br> $ in Billions</strong></div></th>
<th class="th"><div>Jan. 30, 2026</div></th>
<th class="th"><div>Jan. 06, 2026</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="nump">$ 2.9<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorBusinessCombinationMember', window );">Major business combination [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_PercentageOfOwnershipAcquiredInBusinessCombination', window );">Percentage of ownership acquired in business combination</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">49.90%<span></span>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_PercentageOfOwnershipAcquiredInBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of ownership acquired in business combination.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_PercentageOfOwnershipAcquiredInBusinessCombination</td>
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<td>instant</td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value, at acquisition date, of the consideration transferred in a business combination. [Refer: Total for all business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2025-01-01<br> -Paragraph B64<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B64_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 35<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_35_e&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>AB INBEV Companies - Summary of Name and Registered Office of Fully Consolidated Companies (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Dec. 31, 2025</div></th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_AR', window );">Argentina [member] | Cerveceria y Malteria Quilmes Saica Y G [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cerveceria y Malteria Quilmes Saica Y G - Charcas 5160 - C1425BOF - Buenos Aires<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.63%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BE', window );">Belgium [member] | Anheuser-Busch InBev NV/SA</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev NV/SA - Grand Place 1 - 1000 - Brussels<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BE', window );">Belgium [member] | Brasserie de l'Abbaye de Leffe S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Brasserie de l&#8217;Abbaye de Leffe S.A. - Place de l&#8217;Abbaye, 1 - 5500 - Dinant<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">98.54%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BE', window );">Belgium [member] | Cobrew N.V [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cobrew N.V - Brouwerijplein 1, 3000 - Leuven<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BE', window );">Belgium [member] | InBev Belgium BV/SRL [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">InBev Belgium BV/SRL - Boulevard Industriel, 21 - 1070 Anderlecht<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BO', window );">Bolivia [member] | Cervecer&#237;a Boliviana Nacional S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Boliviana Nacional S.A. - Av. Montes 400&#160;& Calle Chuquisaca No.&#160;121, Zona Challapampa - La Paz<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">52.68%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BW', window );">Botswana [member] | Kgalagadi Breweries (Pty) Ltd [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">31.06%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">Brazil [Member] | Ambev S.A.[member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#176; Andar Itaim Bibi - S&#227;o Paulo<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CA', window );">Canada [member] | Labatt Brewing Company Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Labatt Brewing Company Limited - 207 Queen&#8217;s Quay West, Suite 299 - M5J 1A7 - Toronto<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CL', window );">Chile [member] | Cerveceria Chile S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member] | Anheuser-Busch Inbev (China) Sales Company Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch Inbev (China) Sales Company Limited - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member] | Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">84.66%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member] | Anheuser-Busch InBev Sedrin Brewery Co., Ltd [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member] | Anheuser-Busch InBev Southeast Sales Co., Ltd [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CN', window );">China [member] | Blue Girl Beer (Guangzhou) Co. Ltd [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">56.69%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CO', window );">Colombia [member] | Bavaria &amp; Cia S.C.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Bavaria&#160;& Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">99.16%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CZ', window );">Czech Republic [member] | Pivovar Samson s.r.o. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Pivovar Samson s.r.o. - Lidick&#225; 458/51, 37001 - &#268;esk&#233; Bud&#283;jovice<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_DO', window );">Dominican Republic [member] | Cervecer&#237;a Nacional Dominicana S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">59.56%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_EC', window );">Ecuador [member] | Cervecer&#237;a Nacional S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#237;o Daule&#160;- EC090150 - Guayaquil, Guayas<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">95.58%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_SV', window );">El Salvador [member] | La Constancia Ltda de C.V. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_FR', window );">France [member] | AB InBev France S.A.S. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_DE', window );">Germany [member] | Anheuser-Busch InBev Deutschland GmbH&#160;&amp; Co. KG</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Deutschland GmbH&#160;& Co. KG - Am Deich 18/19 - 28199 - Bremen<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_DE', window );">Germany [member] | ANHEUSER-BUSCH INBEV GERMANY HOLDING GmbH [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GH', window );">Ghana [member] | Accra Brewery PLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.80%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_HN', window );">Honduras [member] | Cervecer&#237;a Hondure&#241;a S.A. de C.V.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Hondure&#241;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">99.61%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_HK', window );">Hong Kong [member] | Budweiser Brewing Company APAC Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IN', window );">India [member] | Crown Beers India Private Limited</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IN', window );">India [member] | ANHEUSER BUSCH INBEV INDIA LIMITED [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.07%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IT', window );">Italy [member] | Anheuser-Busch InBev Italia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_LU', window );">Luxembourg [member] | Brasserie de Luxembourg Mousel-Diekirch S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">98.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MX', window );">Mexico [member] | Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Modelo de M&#233;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_MZ', window );">Mozambique [member] | CERVEJAS DE MOCAMBIQUE SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervejas De Mo&#231;ambique SA - Rua do Jardim 1329 - Maputo<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">51.47%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_NL', window );">Netherlands [member] | AB InBev Africa B.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">62.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_NL', window );">Netherlands [member] | INBEV NEDERLAND N.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_NG', window );">Nigeria [member] | INTERNATIONAL BREWERIES PLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">68.31%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_PA', window );">Panama [member] | Cerveceria Nacional S. de R.L. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#225;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_PY', window );">Paraguay [member] | CERVECERIA PARAGUAYA S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cervecer&#237;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#237;o a Villeta N&#176; 825<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">53.92%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_PE', window );">Peru [member] | COMPANIA CERVECERA AMBEV PERU S.A.C. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_PE', window );">Peru [member] | Uni&#243;n de Cervecer&#237;as Peruanas Backus y Johnston S.A.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Uni&#243;n de Cervecer&#237;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">95.35%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZA', window );">South Africa [member] | SABSA Holdings (Pty) Ltd [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZA', window );">South Africa [member] | THE SOUTH AFRICAN BREWERIES (PTY) LTD [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=currency_KRW', window );">South Korea [member] | Oriental Brewery Co Ltd</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ES', window );">Spain [member] | Compa&#241;&#237;a Cervecera de Canarias S.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Compa&#241;&#237;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">51.03%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CH', window );">Switzerland [member] | Anheuser-Busch InBev International GmbH [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CH', window );">Switzerland [member] | BEES Global AG [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_CH', window );">Switzerland [member] | Interbrew International GmbH [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_TZ', window );">Tanzania [member] | TANZANIA BREWERIES PLC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">39.65%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_UG', window );">Uganda [member] | NILE BREWERIES LTD [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.76%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | AB Inbev Holdings Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | AB Inbev International Brands Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev International Brands Limited - AB InBev House, Church Street West, Woking, Surrey, GU21 6HT<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | AB InBev UK Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev UK Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | ABI SAB GROUP HOLDING LIMITED [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">ABI SAB Group Holding Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | ABI UK Holding 1 Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">ABI UK Holding 1 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_GB', window );">United Kingdom [member] | ABI UK Holding 2 Limited</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">ABI UK Holding 2 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch Americas Holdings LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch Companies LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch InBev Worldwide Inc.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch International LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch North American Holding LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | Anheuser-Busch America Investments LLC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | AB MAZ Holdings LLC [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">United States [member] | MCC Holding Company LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">50.10%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_UY', window );">Uruguay [member] | CERVECERIA Y MALTERIA PAYSANDU S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">61.73%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_VN', window );">Vietnam [member] | Anheuser-Busch InBev Vietnam Brewery Co., Ltd [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.22%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZM', window );">Zambia [member] | ZAMBIAN BREWERIES PLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">54.02%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The company is consolidated due to the group&#8217;s majority shareholders and ability to control the operations.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AddressOfRegisteredOfficeOfEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The address at which the entity's office is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B18<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B18_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 138<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_138_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AddressOfRegisteredOfficeOfEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Total for all subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2025-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2025-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-2022:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIAYMALTERIAQUILMESSAICAyGMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BE">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BE</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbinbevSaNvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbinbevSaNvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BRASSERIEDELABBAYEDELEFFESAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BRASSERIEDELABBAYEDELEFFESAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_COBREWNVBrouwerijpleinMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_COBREWNVBrouwerijpleinMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_INBEVBELGIUMSPRLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_INBEVBELGIUMSPRLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BO</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIABOLIVIANANACIONALSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIABOLIVIANANACIONALSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BW">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BW</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_KGALAGADIBREWERIESPTYLTDMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_KGALAGADIBREWERIESPTYLTDMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AmbevMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AmbevMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_LABATTBREWINGCOMPANYLIMITEDMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_LABATTBREWINGCOMPANYLIMITEDMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIACHILESAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CERVECERIACHILESAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevChinaSalesCoLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevChinaSalesCoLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevWuhanBreweryCoLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevWuhanBreweryCoLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevSedrinBreweryCoLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevSedrinBreweryCoLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevSuqianBreweryCoLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevSuqianBreweryCoLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BlueGirlBeerGuangzhouCompanyLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BlueGirlBeerGuangzhouCompanyLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CO</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BavariaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BavariaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CZ">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CZ</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_PivovarSamsonaASMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_PivovarSamsonaASMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_DO">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_DO</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalDominicanaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalDominicanaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_EC">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_EC</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalCNSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalCNSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_SV">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_SV</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_LaConstanciaLtdaDeC.v.Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_LaConstanciaLtdaDeC.v.Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_FR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_FR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevFranceSASMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevFranceSASMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_DE">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_DE</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevDeutschlandGmbHAndCoKgMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevGermanyHoldingGmbHMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevGermanyHoldingGmbHMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_GH">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_GH</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AccraBreweryLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AccraBreweryLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_HN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_HN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaHondurenaSADECVMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaHondurenaSADECVMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_HK">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_HK</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BUDWEISERBREWINGCOAPACTLTDMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BUDWEISERBREWINGCOAPACTLTDMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_IN">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_IN</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CrownBeersIndiaLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CrownBeersIndiaLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_ANHEUSERBUSCHINBEVINDIALIMITEDMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_IT">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_IT</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevItaliaSPAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevItaliaSPAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_LU">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_LU</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BrasserieDeLuxembourgMouselDiekirchMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BrasserieDeLuxembourgMouselDiekirchMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_MX">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MX</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaModeloDeMexicoDeSDERLDECVMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaModeloDeMexicoDeSDERLDECVMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_MZ">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_MZ</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CervejasDEMocambiqueSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CervejasDEMocambiqueSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_NL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_NL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevAfricaBvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevAfricaBvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InbevNederlandNVMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InbevNederlandNVMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_NG">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_NG</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InternationalBreweriesPlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InternationalBreweriesPlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_PA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_PA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalHoldingSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaNacionalHoldingSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_PY">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_PY</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaParaguayaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaParaguayaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_PE">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_PE</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CompaniaCerveceraAmbevPeruSACMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CompaniaCerveceraAmbevPeruSACMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_ZA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ZA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_SabsaHoldingsLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_SabsaHoldingsLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TheSouthAfricanBreweriesPtyLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TheSouthAfricanBreweriesPtyLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=currency_KRW">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=currency_KRW</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_OrientalBreweryCoLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_OrientalBreweryCoLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_ES">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ES</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_COMPANIACERVECERADECANARIASS.AMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_COMPANIACERVECERADECANARIASS.AMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_CH">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_CH</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BEESGlobalAGMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_BEESGlobalAGMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InterbrewInternationalGmbhMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_InterbrewInternationalGmbhMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_TZ">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_TZ</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TanzaniaBreweriesPlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_TanzaniaBreweriesPlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_UG">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_UG</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_NileBreweriesLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_NileBreweriesLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_GB">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_GB</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevHoldingsLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevHoldingsLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevInternationalBrandsLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevInternationalBrandsLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevUKLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbInbevUKLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiSabGroupHoldingLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiSabGroupHoldingLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiUkHoldings1LimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiUkHoldings1LimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiUkHoldings2LimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AbiUkHoldings2LimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschAmericanHoldingsLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschAmericanHoldingsLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschCompaniesLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInBevWorldwideIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInternationalIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInternationalIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschNorthAmericanHoldingCorporationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschNorthAmericanHoldingCorporationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschAmericaInvestmentsLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschAmericaInvestmentsLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_ABMAZHoldingsLLCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_ABMAZHoldingsLLCMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_MetalContainerCorporationIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_MetalContainerCorporationIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_UY</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_CerveceriaYMalteriaPaysanduSAMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_VN</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_AnheuserBuschInbevVietnamBreweryCompanyLimitedMember</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_ZM</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">ifrs-full_ConsolidatedStructuredEntitiesAxis=bud_ZambianBreweriesPlcMember</td>
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<span style="display: none;">v3.25.4</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>AB INBEV Companies - Summary of Name and Registered Office of Associates (Detail)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Dec. 31, 2025</div></th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_FR', window );">France [member] | SOCIETE DES BRASSERIES ET GLACIERES INTERNATIONALES SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Soci&#233;t&#233; des brasseries et glaci&#232;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_LU', window );">Luxembourg [member] | B.I.H. Brasseries Internationales Holding (Angola) Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">27.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_LU', window );">Luxembourg [member] | B.I.H. Brasseries Internationales Holding Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#233; - 1930 Luxembourg<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_NL', window );">Netherlands [member] | AB InBev Efes B.V [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_TR', window );">Turkey [member] | ANADOLU EFES BIRACILIK VE MALT SANAYII AS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#231;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#231;elievler Istanbul<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">24.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_ZW', window );">Zimbabwe [member] | Delta Corporation Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems', window );"><strong>Disclosure of information about consolidated structured entities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AddressOfRegisteredOfficeOfEntity', window );">Address of entity's registered office</a></td>
<td class="text">Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">24.48%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Related to Castel group.</td>
</tr></table></td></tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_bud_ProportionOfOwnershipInterestInAssociateAndJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in an associate and joint venture attributable to the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">bud_ProportionOfOwnershipInterestInAssociateAndJointVenture</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AddressOfRegisteredOfficeOfEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The address at which the entity's office is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph 141<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2027-01-01<br> -Name IFRS<br> -Number 19<br> -IssueDate 2025-01-01<br> -Paragraph B18<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=19&amp;code=ifrs-tx-2025-en-r&amp;anchor=para_B18_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2025-03-27<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2027-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2025-01-01<br> -Paragraph 138<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2025-en-b&amp;anchor=para_138_a&amp;doctype=Standard<br> -URIDate 2025-03-27<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AddressOfRegisteredOfficeOfEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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    <context id="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">bud:RiceMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CommodityPriceRiskMember</xbrldi:explicitMember>
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        <period>
            <startDate>2024-01-01</startDate>
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    <context id="P01_01_2024To12_31_2024_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
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            <startDate>2024-01-01</startDate>
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    <context id="P01_01_2024To12_31_2024_HedgingInstrumentMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:HedgingInstrumentMember</xbrldi:explicitMember>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
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            <startDate>2024-01-01</startDate>
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        <entity>
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    <context id="P01_01_2024To12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_HedgedItemMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <startDate>2024-01-01</startDate>
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    <context id="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis">
        <entity>
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    <context id="P01_01_2024To12_31_2024_EURsrtCurrencyAxis">
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    <context id="P01_01_2024To12_31_2024_GBPsrtCurrencyAxis">
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    <context id="P01_01_2024To12_31_2024_KRWsrtCurrencyAxis">
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            <startDate>2024-01-01</startDate>
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    <context id="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
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        <entity>
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        <entity>
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        <entity>
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        <entity>
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            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:KRW</xbrldi:explicitMember>
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        </entity>
        <period>
            <startDate>2025-01-01</startDate>
            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_ZARsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:ZAR</xbrldi:explicitMember>
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        </entity>
        <period>
            <startDate>2025-01-01</startDate>
            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_GBPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_PENsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <period>
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    <context id="P01_01_2025To12_31_2025_MXNsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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    <context id="P01_01_2025To12_31_2025_EURsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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    <context id="P01_01_2025To12_31_2025_COPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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    <context id="P01_01_2025To12_31_2025_CADsrtCurrencyAxis">
        <entity>
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            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_CNYsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <startDate>2025-01-01</startDate>
            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_NetFinanceCostMemberBUDExpenseCategoriesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="bud:ExpenseCategoriesAxis">bud:NetFinanceCostMember</xbrldi:explicitMember>
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        <period>
            <startDate>2025-01-01</startDate>
            <endDate>2025-12-31</endDate>
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    <context id="P01_01_2025To12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">bud:DerivativeLiabilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:UnobservableInputsAxis">bud:CurrencyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_IntangibleAssetsWithFiniteUsefulLifeMemberifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">bud:IntangibleAssetsWithFiniteUsefulLifeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_IntangibleAssetsWithIndefiniteUsefulLifeDomainifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeDomain</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:OtherSubsidiariesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ifrs-full:ParentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_HoldingCompanyMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:HoldingCompanyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:NetCarryingAmountMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:ContractualCashFlowsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:ContractualCashFlowsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:ContractualCashFlowsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:ContractualCashFlowsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:ContractualCashFlowsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:AssociatesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BavariaSAMemberifrsfullCategoriesOfRelatedPartiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:BavariaSAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_EconomicHedgesMemberifrsfullTypesOfHedgesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">bud:EconomicHedgesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_OtherResultsNotHedgedMemberifrsfullTypesOfHedgesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">bud:OtherResultsNotHedgedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMemberBUDBasisAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="bud:BasisAxis">bud:DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:EfesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:CastelMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BEifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:BE</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:AssetsAndLiabilitiesAxis">bud:NonCurrentLiabilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:BudweiserApacMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:AmbevMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">ifrs-full:LegalProceedingsContingentLiabilityMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_CurrentInventoriesMemberifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">bud:CurrentInventoriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:LiabilitiesArisingFromFinancingActivitiesAxis">ifrs-full:LongtermBorrowingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:LiabilitiesArisingFromFinancingActivitiesAxis">ifrs-full:ShorttermBorrowingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis">bud:BudweiserApacMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneMonthMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">bud:OtherReceivablesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <entity>
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            <instant>2024-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <instant>2024-12-31</instant>
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        <entity>
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            <instant>2024-12-31</instant>
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        <entity>
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            <instant>2024-12-31</instant>
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        <entity>
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            <instant>2024-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <period>
            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <period>
            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
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        <period>
            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:ARS</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_KRWsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:KRW</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_CNYsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:CNY</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_COPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:COP</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:AsiaPacificCountresMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:MiddleAmericasCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherAfricanCountriesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_OtherCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:ZA</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_COifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:CO</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_CNifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:CN</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_EuropeMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <period>
            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_ABInBevMemberifrsfullGeographicalAreasAxis_BottomOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_EquityPriceRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:EquityPriceRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_EURsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
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            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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            <instant>2024-12-31</instant>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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            <instant>2024-12-31</instant>
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        <entity>
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            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis">
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            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
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            <instant>2024-12-31</instant>
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            <instant>2024-12-31</instant>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <instant>2024-12-31</instant>
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                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">bud:MagMember</xbrldi:explicitMember>
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                <xbrldi:explicitMember dimension="ifrs-full:TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">bud:TaxassessmentnineMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ArosucoMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_DisallowanceOfTaxPaidAbroadMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">bud:DisallowanceOfTaxPaidAbroadMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:ArosucoMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_ICMSPRODEPEMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:ICMSPRODEPEMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:IcmsstTriggerMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_IcmsTaxCreditsForRioGrandeDoSulAndSaoPauloMemberifrsfullGeographicalAreasAxis_TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">bud:TaxAssessmentInTwoThousandEighteenAndTwoThousandAndTwentyOneMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IPIExciseTaxMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">bud:IPIExciseTaxMember</xbrldi:explicitMember>
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            <instant>2025-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">bud:ManausFreeTradeZoneIpiSocialContributionsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:AmbevMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_ABINBEVSPERUVIANTAXMATTERSMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">bud:ABINBEVSPERUVIANTAXMATTERSMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis_IntegrationProgramSocialSecurityFinancingLevyMemberBUDContingentLiabilitiesFinancialInstitutionAxis_TaxAssessmentEightMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="bud:ContingentLiabilitiesFinancialInstitutionAxis">bud:IntegrationProgramSocialSecurityFinancingLevyMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">bud:TaxAssessmentEightMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:UnobservableInputsAxis">bud:CurrencyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_IntangibleAssetsWithIndefiniteUsefulLifeDomainifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeDomain</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">bud:IntangibleAssetsWithFiniteUsefulLifeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AnheuserBuschInBevMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:AnheuserBuschInBevMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">ifrs-full:ParentMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:OtherSubsidiariesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis_MedicalCostPlansMemberifrsfullDefinedBenefitPlansAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_ActiveEmployeesMemberifrsfullDefinedBenefitPlansAxis">
        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">bud:ActiveEmployeesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
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            </segment>
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        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        </entity>
        <period>
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        </period>
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        <entity>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
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        </period>
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            <instant>2025-12-31</instant>
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            <instant>2025-12-31</instant>
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            <instant>2025-12-31</instant>
        </period>
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            <instant>2025-12-31</instant>
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            <instant>2025-12-31</instant>
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        <entity>
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            <instant>2025-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="bud:BasisAxis">bud:DeferredTaxAssetsUnrecognizedOnTheBasisOfTaxAttributesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_NoExpirationPeriodMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">bud:NoExpirationPeriodMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:CastelMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:EfesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BEifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:BE</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_NonCurrentLiabilitiesMemberifrsfullAssetsAndLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:AssetsAndLiabilitiesAxis">bud:NonCurrentLiabilitiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AmbevMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:AmbevMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BudweiserApacMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:BudweiserApacMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_LegalProceedingsContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">ifrs-full:LegalProceedingsContingentLiabilityMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_TopOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BottomOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_CurrentInventoriesMemberifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">bud:CurrentInventoriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_LongtermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:LiabilitiesArisingFromFinancingActivitiesAxis">ifrs-full:LongtermBorrowingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ShorttermBorrowingsMemberifrsfullLiabilitiesArisingFromFinancingActivitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:LiabilitiesArisingFromFinancingActivitiesAxis">ifrs-full:ShorttermBorrowingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfInterestRatesAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BudweiserApacMemberifrsfullTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis_NewRestrictedStockUnitsPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:TransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationAxis">bud:BudweiserApacMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:NewRestrictedStockUnitsPlanMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNeitherImpairedNorPastDueOnTheReportingDateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneMonthMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">bud:OfWhichNotImpairedAsOfTheReportingDateAndPastMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">bud:OtherReceivablesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedImpairmentMember</xbrldi:explicitMember>
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            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
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            <instant>2025-12-31</instant>
        </period>
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        <entity>
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            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_EquityInvestmentsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis">
        <entity>
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            <instant>2025-12-31</instant>
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        <entity>
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        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis">
        <entity>
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            <instant>2025-12-31</instant>
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            <instant>2025-12-31</instant>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
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        </entity>
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            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis">
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                <xbrldi:explicitMember dimension="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeAxis">bud:IntangibleAssetsWithInfiniteUsefulLifeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherSouthAmericaCountriesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeAxis">bud:IntangibleAssetsWithInfiniteUsefulLifeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherNorthAmericaCountriesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLifeAxis">bud:IntangibleAssetsWithInfiniteUsefulLifeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_CADsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:CAD</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BRLsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:BRL</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ARSsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:ARS</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_PENsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:PEN</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_MXNsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:MXN</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_EURsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_CNYsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:CNY</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_COPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:COP</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_KRWsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:KRW</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ZARsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:ZAR</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_GBPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:GBP</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:AsiaPacificCountresMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ZAifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:ZA</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:MiddleAmericasCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_CNifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:CN</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherNorthAmericaCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_EuropeMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_COifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:CO</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherAfricanCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherSouthAmericaCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OtherCountriesMemberifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:OtherCountriesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_BottomOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:ABInBevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">bud:ABInBevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:US</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:US</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">srt:OtherCurrencyMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:MXN</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">srt:OtherCurrencyMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:CAD</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:GBP</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis">
        <entity>
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            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis">
        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis">
        <entity>
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            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:CNY</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_FloatingInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:BeforeHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FloatingInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:HedgedItemsAxis">bud:AfterHedgingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:FixedInterestRateMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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    <context id="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToSouthKoreanWonMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToMexicanPesoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToColombianPesoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToPeruvianNuevoSolMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToEuroMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:EuroToMexicanPesoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:MexicanPesoToEuroMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_OtherCurrencyMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">srt:OtherCurrencyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:EuroToSouthAfricanRandMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToBolivianBolivianoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToBolivianBolivianoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToDominicanPesoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToParaguayanGuaraniMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:UsDollarToChileanPesoMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">bud:PropertyPlantAndEquipmentOwnedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_PropertyPlantAndEquipmentLeasedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">bud:PropertyPlantAndEquipmentLeasedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandAndBuildingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">bud:MachineryEquipmentAndOtherMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:ABInBevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:BudweiserApacMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:ShareBasedCompensationPlanMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">ifrs-full:ChangesInTaxRatesOrTaxLawsEnactedOrAnnouncedMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ArsMembersrtCurrencyAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:CurrencyAxis">bud:ArsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">bud:PlantAndEquipmentFixturesAndFittingsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_DebtSecuritiesMemberifrsfullClassesOfAssetsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:DebtSecuritiesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_SupplierMemberifrsfullCategoriesOfRelatedPartiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">bud:SupplierMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:ParentMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:TreasurySharesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_DeferredConsiderationOnAcquisitionsMemberifrsfullTypesOfHedgesAxis_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_PutOption1MemberifrsfullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">bud:PutOption1Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level3OfFairValueHierarchyMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">bud:DeferredConsiderationOnAcquisitionsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:AmbevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:BusinessCombinationsAxis">bud:CerveceriaNacionalDominicanaSAMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2025_AbInbevsSouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfContingentLiabilitiesAxis">bud:AbInbevsSouthAfricaTaxMattersMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_FiveYearVestingMemberBUDVestingPeriodAxis_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="bud:VestingPeriodAxis">bud:FiveYearVestingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:LongTermRestrictedStockUnitProgramOneMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_ThreeYearVestingMemberBUDVestingPeriodAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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                <xbrldi:explicitMember dimension="bud:VestingPeriodAxis">bud:ThreeYearVestingMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:LongTermRestrictedStockUnitProgramOneMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_GoodwillMemberifrsfullClassesOfIntangibleAssetsAndGoodwillAxis_WeightedAverageCostOfCapitalMeasurementInputMemberifrsfullUnobservableInputsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsAndGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:UnobservableInputsAxis">ifrs-full:WeightedAverageCostOfCapitalMeasurementInputMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_TanzaniaBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_TaxContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:ConsolidatedStructuredEntitiesAxis">bud:TanzaniaBreweriesPlcMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_TanzaniaBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_TaxContingentLiabilityMemberifrsfullClassesOfContingentLiabilitiesAxis_TZifrsfullGeographicalAreasAxis">
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                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:TZ</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:BR</xbrldi:explicitMember>
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            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_InterestRateMeasurementInputMemberifrsfullUnobservableInputsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:LongTermIncentiveRestrictedStockUnitMember</xbrldi:explicitMember>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
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        <period>
            <instant>2025-12-31</instant>
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    <context id="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:LongTermIncentiveRestrictedStockUnitMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2025-12-31</instant>
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    </context>
    <context id="PAsOn12_31_2023_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
    </context>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">bud:OtherSubsidiariesMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2023_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2023_AssociatesMemberifrsfullCategoriesOfRelatedPartiesAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
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            <instant>2023-12-31</instant>
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            <instant>2023-12-31</instant>
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        <entity>
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            <instant>2023-12-31</instant>
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        <entity>
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        <period>
            <instant>2023-12-31</instant>
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        <entity>
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        <period>
            <instant>2023-12-31</instant>
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            <instant>2023-12-31</instant>
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        <period>
            <instant>2023-12-31</instant>
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        <entity>
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        <period>
            <instant>2023-12-31</instant>
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        <entity>
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        <period>
            <instant>2023-12-31</instant>
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        <entity>
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            <segment>
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        <period>
            <instant>2023-12-31</instant>
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    <context id="PAsOn12_31_2023_TreasurySharesMemberifrsfullComponentsOfEquityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
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    <context id="PAsOn12_31_2023_SharePremiumMemberifrsfullComponentsOfEquityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:SharePremiumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <period>
            <instant>2023-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
            <instant>2023-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_CommodityContractsMemberifrsfullClassesOfFinancialInstrumentsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">bud:CommodityContractsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">ifrs-full:RestructuringProvisionMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">bud:DisputesProvisionMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">ifrs-full:MiscellaneousOtherProvisionsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsAndPerformanceStockUnitsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">bud:ABInBevMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfSharebasedPaymentArrangementsAxis">bud:RestrictedStockUnitsAndPerformanceStockUnitsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_PostEmploymentBenefitsMemberifrsfullComponentsOfEquityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">bud:PostEmploymentBenefitsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_HedgingReserveMemberifrsfullComponentsOfEquityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">bud:HedgingReserveMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_PresentValueOfDefinedBenefitObligationMemberifrsfullNetDefinedBenefitLiabilityAssetAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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        <period>
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        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
            <segment>
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        </entity>
        <period>
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    <context id="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
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        <period>
            <instant>2024-12-31</instant>
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    <context id="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">
        <entity>
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        <period>
            <instant>2024-12-31</instant>
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        <entity>
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            <segment>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="PAsOn12_31_2024_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis">
        <entity>
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        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
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    <context id="PAsOn12_31_2024_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis">
        <entity>
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        <period>
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    <context id="PAsOn12_31_2024_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis">
        <entity>
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        <period>
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        <period>
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    <context id="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis">
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            <segment>
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        <period>
            <instant>2022-12-31</instant>
        </period>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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            <identifier scheme="http://www.sec.gov/CIK">0001668717</identifier>
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    <cyd:CybersecurityRiskManagementProcessesForAssessingIdentifyingAndManagingThreatsTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-23101">&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Cybersecurity Risk &lt;div style="display:inline;"&gt;Management &lt;/div&gt;and Strategy &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"&gt;Our processes for assessing, identifying and managing material risks from cybersecurity threats are integrated into our risk management system. We use a variety of tools and processes to collect relevant data and identify, monitor, assess and manage material cybersecurity risks. We invest in cybersecurity defense solutions, including (but not limited to) prevention, detection and response tools and processes. We also have a dedicated global security operations center team, including specially trained personnel (the &#x201c;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Security Operations Team&lt;/div&gt;&lt;/div&gt;&#x201d;) led by our Global Security Operations Center Director, that is responsible for front-line cybersecurity risk detection and management with the assistance of our critical infrastructure management team. The Security Operations Team engages in ongoing monitoring and testing of our systems and defenses with respect to cybersecurity &lt;div style="display:inline;"&gt;threats&lt;/div&gt;. &lt;/div&gt;&lt;div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"&gt;&lt;/div&gt;&lt;div style="TEXT-ALIGN: center;text-indent: 0px;"&gt;&lt;div style="WIDTH: 8.5in; TEXT-ALIGN: left; MARGIN-LEFT: auto; MARGIN-RIGHT: auto"&gt;&lt;div style="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"&gt;We engage independent third parties on a periodic basis to assess our cybersecurity capabilities under the National Institute of Standards and Technology (&#x201c;&lt;div style="font-weight:bold;display:inline;"&gt;NIST&lt;/div&gt;&#x201d;) framework. The results of these assessments are shared with the Board of Directors, including the Audit Committee. We also engage third parties to conduct periodic penetration testing, and to provide technical assistance if needed in connection with our response to a cybersecurity incident. &lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;We provide cybersecurity awareness trainings to our employees which are designed to provide guidance for identifying and reporting cybersecurity &lt;div style="display:inline;"&gt;risks &lt;/div&gt;and promote familiarity with our cybersecurity policies, and we require employees in certain roles to complete additional role-based, specialized cybersecurity trainings and incident simulations. We also leverage internal communications to promote awareness and conduct phishing exercises and provide training to employees. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;We adopted and implemented an incident response plan, which provides a structured approach for managing, escalating and remediating cybersecurity incidents, as further described below under &#x201c;Cybersecurity Governance.&#x201d; There is a business continuity plan in place that covers critical infrastructure. We also have in place a global information security policy and supporting policies and standards covering key risk domains such as asset management, asset control, network security, incident management, third-party risk management and internet and technology use. The company reviews these plans periodically and updates them as needed. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cybersecurity is also an important part of our third-party risk management program. Through this program, the company seeks to identify, assess and manage risks, including cybersecurity risks, associated with our external service providers. We take a risk-based approach to conducting due diligence in the vendor onboarding process, and we may seek to leverage the use of contractual terms to further mitigate risk. We also assess aspects of our vendors&#x2019; cybersecurity posture in certain circumstances. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;To date, we have not identified any risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect the Company or our business strategy, results of operations or financial condition. See &#x201c;Risk Factors&#x2014;Cybersecurity incidents and other disruptions to our information and operational technology systems, or in our supply chain, could damage our reputation and we could experience a loss of revenue, incur substantial additional costs and become subject to litigation and regulatory scrutiny&#x201d; for further information about data protection and cybersecurity risks. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Cybersecurity Governance &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Our management plays an active role in assessing and managing material risks from cybersecurity threats. Our Global Director of Cybersecurity and our Global Vice President of Technology Operations and Data lead efforts to identify, analyze and manage cybersecurity threats and incidents, leveraging their experience and qualifications. Our Senior Global Director of Cybersecurity has over 19 years of experience in IT and cybersecurity in the private sector, with expertise in cybersecurity engineering and architecture. During his career he has served and helped build cybersecurity capabilities at Global Fortune 100 companies in the Biotechnology and Financial Services sectors. He joined the company in 2016 and was promoted to his current role in 2025. He holds a Bachelor of Science Degree in Computer Science and Mathematics from Webster University, several advanced Cybersecurity professional certifications, and is a 2023 FBI Citizens Academy graduate. Our Global Vice President of Technology Operations and Data has over 35 years of experience in information technology and cybersecurity. He joined the company in 2005 and was promoted to his current role in 2021, which merges Technology and Data into one role focusing on the core digital capabilities that support our business transformations. He holds a Bachelor of Science degree in Chemical Engineering, a Postgraduate Degree in Marketing and a Master of Business Administration Degree from the Business School S&#xe3;o Paulo, among other degrees. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The Global Director of Cybersecurity and the Global Vice President of Technology Operations and Data are supported by a team of professionals, including both legal experts and technical professionals who are well-versed in the detection, assessment and mitigation of cybersecurity incidents and events and whose job function is dedicated, in whole or in part, to cybersecurity risk management. &lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 8pt; MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-ALIGN: center"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="MARGIN-BOTTOM: 0em; MARGIN-TOP: 1em; PAGE-BREAK-BEFORE: always;text-indent: 0px;"&gt;&lt;/div&gt;&lt;div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 0pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"&gt;We have also established a cross-functional C&lt;div style="display:inline;"&gt;ybersecurity Disclosure Committee&lt;/div&gt;, &lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;co-chaired&lt;/div&gt; by our Global Vice President of Technology Operations and Data and a Global Legal Director, to coordinate and align on effective cybersecurity governance, assessment and reporting. 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    <ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod
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    <ifrs-full:ProfitLoss
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    <ifrs-full:ProfitLoss
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    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
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    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
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    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
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    <ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
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      id="ixv-89736"
      unitRef="Unit_USD">194039000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89737"
      unitRef="Unit_USD">183637000000</ifrs-full:NoncurrentAssets>
    <bud:InvestmentSecuritiesCurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89738"
      unitRef="Unit_USD">306000000</bud:InvestmentSecuritiesCurrent>
    <bud:InvestmentSecuritiesCurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89739"
      unitRef="Unit_USD">221000000</bud:InvestmentSecuritiesCurrent>
    <ifrs-full:Inventories
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89740"
      unitRef="Unit_USD">5107000000</ifrs-full:Inventories>
    <ifrs-full:Inventories
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89741"
      unitRef="Unit_USD">5020000000</ifrs-full:Inventories>
    <ifrs-full:CurrentTaxAssetsCurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89742"
      unitRef="Unit_USD">785000000</ifrs-full:CurrentTaxAssetsCurrent>
    <ifrs-full:CurrentTaxAssetsCurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89743"
      unitRef="Unit_USD">727000000</ifrs-full:CurrentTaxAssetsCurrent>
    <ifrs-full:CurrentDerivativeFinancialAssets
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89744"
      unitRef="Unit_USD">583000000</ifrs-full:CurrentDerivativeFinancialAssets>
    <ifrs-full:CurrentDerivativeFinancialAssets
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89745"
      unitRef="Unit_USD">554000000</ifrs-full:CurrentDerivativeFinancialAssets>
    <ifrs-full:TradeAndOtherCurrentReceivables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89746"
      unitRef="Unit_USD">6161000000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:TradeAndOtherCurrentReceivables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89747"
      unitRef="Unit_USD">5270000000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89748"
      unitRef="Unit_USD">11638000000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89749"
      unitRef="Unit_USD">11174000000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89750"
      unitRef="Unit_USD">190000000</ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners>
    <ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89751"
      unitRef="Unit_USD">33000000</ifrs-full:CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89752"
      unitRef="Unit_USD">24769000000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89753"
      unitRef="Unit_USD">22999000000</ifrs-full:CurrentAssets>
    <ifrs-full:Assets
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89754"
      unitRef="Unit_USD">218808000000</ifrs-full:Assets>
    <ifrs-full:Assets
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89755"
      unitRef="Unit_USD">206637000000</ifrs-full:Assets>
    <ifrs-full:IssuedCapital
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89756"
      unitRef="Unit_USD">1736000000</ifrs-full:IssuedCapital>
    <ifrs-full:IssuedCapital
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89757"
      unitRef="Unit_USD">1736000000</ifrs-full:IssuedCapital>
    <ifrs-full:SharePremium
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89758"
      unitRef="Unit_USD">17620000000</ifrs-full:SharePremium>
    <ifrs-full:SharePremium
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89759"
      unitRef="Unit_USD">17620000000</ifrs-full:SharePremium>
    <bud:Reserves
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89760"
      unitRef="Unit_USD">17803000000</bud:Reserves>
    <bud:Reserves
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89761"
      unitRef="Unit_USD">12304000000</bud:Reserves>
    <ifrs-full:RetainedEarnings
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89762"
      unitRef="Unit_USD">50128000000</ifrs-full:RetainedEarnings>
    <ifrs-full:RetainedEarnings
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89763"
      unitRef="Unit_USD">46577000000</ifrs-full:RetainedEarnings>
    <ifrs-full:EquityAttributableToOwnersOfParent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89764"
      unitRef="Unit_USD">87287000000</ifrs-full:EquityAttributableToOwnersOfParent>
    <ifrs-full:EquityAttributableToOwnersOfParent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89765"
      unitRef="Unit_USD">78237000000</ifrs-full:EquityAttributableToOwnersOfParent>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89766"
      unitRef="Unit_USD">10449000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89767"
      unitRef="Unit_USD">10463000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89768"
      unitRef="Unit_USD">97736000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89769"
      unitRef="Unit_USD">88700000000</ifrs-full:Equity>
    <bud:InterestBearingLoansAndBorrowingsNoncurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89770"
      unitRef="Unit_USD">72128000000</bud:InterestBearingLoansAndBorrowingsNoncurrent>
    <bud:InterestBearingLoansAndBorrowingsNoncurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89771"
      unitRef="Unit_USD">70720000000</bud:InterestBearingLoansAndBorrowingsNoncurrent>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89772"
      unitRef="Unit_USD">1275000000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89773"
      unitRef="Unit_USD">1296000000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:DeferredTaxLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89774"
      unitRef="Unit_USD">11400000000</ifrs-full:DeferredTaxLiabilities>
    <ifrs-full:DeferredTaxLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89775"
      unitRef="Unit_USD">11321000000</ifrs-full:DeferredTaxLiabilities>
    <ifrs-full:CurrentTaxLiabilitiesNoncurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89776"
      unitRef="Unit_USD">206000000</ifrs-full:CurrentTaxLiabilitiesNoncurrent>
    <ifrs-full:CurrentTaxLiabilitiesNoncurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89777"
      unitRef="Unit_USD">284000000</ifrs-full:CurrentTaxLiabilitiesNoncurrent>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89778"
      unitRef="Unit_USD">293000000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89779"
      unitRef="Unit_USD">68000000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentPayables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89780"
      unitRef="Unit_USD">869000000</ifrs-full:NoncurrentPayables>
    <ifrs-full:NoncurrentPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89781"
      unitRef="Unit_USD">797000000</ifrs-full:NoncurrentPayables>
    <ifrs-full:NoncurrentProvisions
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89782"
      unitRef="Unit_USD">425000000</ifrs-full:NoncurrentProvisions>
    <ifrs-full:NoncurrentProvisions
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89783"
      unitRef="Unit_USD">385000000</ifrs-full:NoncurrentProvisions>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89784"
      unitRef="Unit_USD">86596000000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89785"
      unitRef="Unit_USD">84871000000</ifrs-full:NoncurrentLiabilities>
    <bud:BankOverdraft
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89786"
      unitRef="Unit_USD">14000000</bud:BankOverdraft>
    <bud:BankOverdraft
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89787"
      unitRef="Unit_USD">0</bud:BankOverdraft>
    <bud:InterestBearingLoansAndBorrowingsCurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89788"
      unitRef="Unit_USD">885000000</bud:InterestBearingLoansAndBorrowingsCurrent>
    <bud:InterestBearingLoansAndBorrowingsCurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89789"
      unitRef="Unit_USD">1449000000</bud:InterestBearingLoansAndBorrowingsCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89790"
      unitRef="Unit_USD">1825000000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89791"
      unitRef="Unit_USD">1805000000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentDerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89792"
      unitRef="Unit_USD">6104000000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:CurrentDerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89793"
      unitRef="Unit_USD">5817000000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89794"
      unitRef="Unit_USD">25455000000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89795"
      unitRef="Unit_USD">23804000000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:CurrentProvisions
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89796"
      unitRef="Unit_USD">192000000</ifrs-full:CurrentProvisions>
    <ifrs-full:CurrentProvisions
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89797"
      unitRef="Unit_USD">191000000</ifrs-full:CurrentProvisions>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89798"
      unitRef="Unit_USD">34475000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89799"
      unitRef="Unit_USD">33066000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:EquityAndLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-89800"
      unitRef="Unit_USD">218808000000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-89801"
      unitRef="Unit_USD">206637000000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_IssuedCapitalMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89802"
      unitRef="Unit_USD">1736000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_SharePremiumMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89803"
      unitRef="Unit_USD">17620000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_TreasurySharesMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89804"
      unitRef="Unit_USD">-3706000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_ReserveMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89805"
      unitRef="Unit_USD">54477000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89806"
      unitRef="Unit_USD">-35553000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89807"
      unitRef="Unit_USD">38823000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89808"
      unitRef="Unit_USD">73398000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89809"
      unitRef="Unit_USD">10880000000</ifrs-full:Equity>
    <ifrs-full:Equity
      contextRef="PAsOn12_31_2022"
      decimals="-6"
      id="ixv-89810"
      unitRef="Unit_USD">84278000000</ifrs-full:Equity>
    <ifrs-full:ProfitLoss
      contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89811"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89812"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89813"
      unitRef="Unit_USD">1550000000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89814"
      unitRef="Unit_USD">6891000000</ifrs-full:ProfitLoss>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89815"
      unitRef="Unit_USD">4398000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89816"
      unitRef="Unit_USD">4398000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89817"
      unitRef="Unit_USD">-522000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89818"
      unitRef="Unit_USD">3876000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89819"
      unitRef="Unit_USD">4398000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89820"
      unitRef="Unit_USD">5341000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89821"
      unitRef="Unit_USD">9739000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89822"
      unitRef="Unit_USD">1028000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89823"
      unitRef="Unit_USD">10767000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:DividendsPaid
      contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89824"
      unitRef="Unit_USD">1582000000</ifrs-full:DividendsPaid>
    <ifrs-full:DividendsPaid
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89825"
      unitRef="Unit_USD">1582000000</ifrs-full:DividendsPaid>
    <ifrs-full:DividendsPaid
      contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89826"
      unitRef="Unit_USD">1371000000</ifrs-full:DividendsPaid>
    <ifrs-full:DividendsPaid
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89827"
      unitRef="Unit_USD">2952000000</ifrs-full:DividendsPaid>
    <ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions
      contextRef="P01_01_2023To12_31_2023_TreasurySharesMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89828"
      unitRef="Unit_USD">240000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions
      contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89829"
      unitRef="Unit_USD">-477000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89830"
      unitRef="Unit_USD">-237000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89831"
      unitRef="Unit_USD">-237000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="P01_01_2023To12_31_2023_ReserveMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89832"
      unitRef="Unit_USD">418000000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="P01_01_2023To12_31_2023_EquityAttributableToOwnersOfParentMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89833"
      unitRef="Unit_USD">418000000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="P01_01_2023To12_31_2023_NoncontrollingInterestsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89834"
      unitRef="Unit_USD">19000000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-89835"
      unitRef="Unit_USD">438000000</ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions>
    <bud:IncreaseDecreaseThroughHyperinflationAdjustments
      contextRef="P01_01_2023To12_31_2023_RetainedEarningsMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-89836"
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    <bud:DisclosureOfCorporateInformationExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32495"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1.&#x2002;Corporate information &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;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). As a company, we dream big to create a future with more cheers. We are always looking to serve up new ways to meet life&#x2019;s moments, move our industry forward and make a meaningful impact in the world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest ingredients. Beer is the drink for moderation, and for over a century, we have championed responsible drinking. We are committed to providing our consumers with balanced choices to enjoy on any occasion. We also invest in marketing that aims to reinforce positive behaviors, and we work with communities, customers, and partners to promote responsible consumption through evidence-based initiatives. &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Our diverse portfolio&lt;div style="display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;of well over &lt;/div&gt;400&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; beer brands includes global brands Budweiser&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Corona&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Stella Artois&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; and Michelob Ultra&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;; multi-country brands Beck&#x2019;s&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Hoegaarden&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; and Leffe&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;; and local champions such as Aguila&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Antarctica&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Bud Light&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Brahma&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Cass&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Castle&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Castle Lite&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Cristal&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Harbin&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Jupiler&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Modelo Especial&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Quilmes&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Victoria&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, Sedrin&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; and Skol&lt;/div&gt;&lt;div style="letter-spacing: 0px; font-size: 75%; vertical-align: top; text-indent: 0px; top: 0px;display:inline;"&gt;&#xae;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;. Our brewing heritage dates back more than &lt;/div&gt;600 years&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt;, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser&#160;&amp;amp; 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 &lt;/div&gt;137 000&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; employees based in &lt;div style="display:inline;"&gt;more than&lt;/div&gt;&#160;&lt;/div&gt;40&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; countries worldwide. For 2025, AB InBev&#x2019;s reported revenue was &lt;/div&gt;59.3&lt;div style="font-size: 9pt; letter-spacing: 0px; text-indent: 0px; top: 0px;display:inline;"&gt; billion US dollar (excluding joint ventures and associates).&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The consolidated financial statements of the company for the year ended 31&#160;December 2025 comprise the company and its subsidiaries (together referred to as &#x201c;AB InBev&#x201d; or the &#x201c;company&#x201d;) and the company&#x2019;s interest in associates, joint ventures and operations. These financial statements are reported in millions, indicated as &#x201c;m&#x201d;, unless stated otherwise. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="null;text-indent: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The consolidated financial statements were authorized for issue by the Board of Directors on 2 March 2026. &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="null;text-indent: 0px;display:inline;"&gt;&lt;/div&gt; &lt;/div&gt;</bud:DisclosureOfCorporateInformationExplanatory>
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    <ifrs-full:Revenue
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    <bud:DisclosureOfStatementOfComplianceExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32568"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.&#x2002;Statement of compliance &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The consolidated financial statements have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standard Board (&#x201c;IASB&#x201d;) and in conformity with IFRS Accounting Standards as adopted by the European Union (collectively &#x201c;IFRS&#x201d;). AB InBev did not early apply any new IFRS requirements that were not yet effective in 2025 and did not apply any European carve-outs from IFRS Accounting Standards. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfStatementOfComplianceExplanatory>
    <ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32575"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.&#x2002;Summary of significant accounting policies &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The accounting policies applied are consistent to all periods presented in these consolidated financial statements by the company and its subsidiary. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(A)&#x2002;BASIS OF PREPARATION AND MEASUREMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), the cost approach is applied. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(B)&#x2002;FUNCTIONAL AND PRESENTATION CURRENCY &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar, which is the company&#x2019;s presentation currency, and has been rounded to the nearest million. The functional currency of the parent company is the euro. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(C)&#x2002;PRINCIPLES OF CONSOLIDATION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Subsidiaries are those entities controlled by AB&#160;InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Associates are undertakings in which AB&#160;InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB&#160;InBev&#x2019;s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB&#160;InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The financial statements of the company&#x2019;s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In&#160;exceptional cases&#160;when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev&#x2019;s financial statements.&#160;In such cases, the difference between the end of the reporting period of&#160;these subsidiaries, joint ventures, joint operations or associates&#160;from AB InBev&#x2019;s reporting period is no more than three months. Results from the company&#x2019;s associates Anadolu Efes and Castel are reported on a three-month lag. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transactions with non-controlling interests are treated as transactions with equity owners of the company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity where there is no loss of control. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB&#160;InBev&#x2019;s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;A listing of the company&#x2019;s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 33 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;AB&#160;InBev companies&lt;/div&gt;&lt;/div&gt;.&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(D)&#x2002;SUMMARY OF CHANGES IN ACCOUNTING POLICIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of amendments to standards became mandatory for the first time for the financial year beginning on 1&#160;January 2025 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev&#x2019;s consolidated financial statements. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(E)&#x2002;FOREIGN CURRENCIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign currency transactions &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the reporting date. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing at the date of the transaction or, for those stated at fair value, at the dates the fair value was determined. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation of the results and financial position of foreign operations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the reporting date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders&#x2019; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#x2019; equity to US dollar at period-end exchange rates are taken to other comprehensive income (translation reserves). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Financial Reporting in hyperinflationary economies &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In May 2018, the Argentine peso underwent a severe devaluation, causing Argentina&#x2019;s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as of 2018, as prescribed by IAS 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial Reporting in Hyperinflationary Economies&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Under IAS 29, non-monetary assets and liabilities stated at historical cost, equity and income statements of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency, applying a general price index. These re-measured accounts are used for conversion into US dollar at the period closing exchange rate. As a result, the statement of financial position and net results of subsidiaries operating in hyperinflation economies are stated in terms of the measuring unit current at the end of the reporting period. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The 2025 results, restated for purchasing power, were translated at the December 2025 closing rate of 1459.80 Argentine pesos per US dollar (2024 results were translated at the December 2024 closing rate of 1032.79 Argentine pesos per US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exchange rates &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most important exchange rates that have been used in preparing the financial statements are: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Average rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 US dollar equals:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Argentine peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 459.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 032.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;808.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazilian real&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.50&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6.19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.84&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.01&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.33&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.35&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.00&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.21&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombian peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 749.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 415.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 818.47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 063.86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 077.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 284.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.96&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.90&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19.28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Peruvian sol&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.57&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.75&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.78&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 444.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 474.05&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 296.53&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 421.70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 355.26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 309.12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(F)&#x2002;INTANGIBLE ASSETS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Research and development &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy N). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Supply and distribution rights &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brands &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Software &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other intangible assets &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization related to multi-year sponsorship rights is included within sales and marketing expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Subsequent expenditure &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company has a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 10 years. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy N). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gains and losses on sale &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(G)&#x2002;BUSINESS COMBINATIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company&#x2019;s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisition-related costs are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If the business combination is achieved in stages, the acquisition date carrying value of AB InBev&#x2019;s previously held interest in the acquiree is re-measured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognized in profit or loss. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(H)&#x2002;GOODWILL &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Goodwill is determined as the excess of the consideration paid over AB InBev&#x2019;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In conformity with IFRS 3 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Business Combinations&lt;/div&gt;&lt;/div&gt;, goodwill is stated at cost and not amortized but tested for impairment on an annual basis and whenever there is an indicator that the cash generating unit to which goodwill has been allocated, may be impaired (refer to accounting policy N). Goodwill is expressed in the currency of the subsidiary to which it relates and is &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;translated to US dollar using the year-end exchange rate. In respect of associates, the carrying amount of goodwill is included in the carrying amount of the investment in the associate. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If AB InBev&#x2019;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations. Expenditure on internally generated goodwill is expensed as incurred. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(I)&#x2007;PROPERTY, PLANT AND EQUIPMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy N). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a &lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;self-constructed&lt;/div&gt; asset is determined using the same principles as for an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, annually. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Subsequent expenditure &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The estimated useful lives are defined in terms of the asset&#x2019;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Industrial buildings &#x2013; other real estate properties&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&#x2009;-&#x2009;50&#160;years&#x2003;&#x2003;&#x2003;&#x2002;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Production plant and equipment:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Production equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Storage, packaging and handling equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 7 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Returnable packaging:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Kegs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Crates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Bottles&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Point of sale furniture and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cars&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trucks&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Information processing equipment (hardware)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Land is not depreciated as it is deemed to have an indefinite life. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gains and losses on sale &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(J)&#x2002;LEASES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;The company as lessee &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use asset and a corresponding lease liability with respect to all lease agreements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets. For these &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;leases, the company recognizes the lease payments as an operating expense on a straight-line basis over the term of the lease, and payments for these leases are presented in cash flow from operating activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use asset and are recognized as an expense in the income statement in the period in which the event or condition that triggers those payments occurs. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use asset. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses. The right-of-use assets are depreciated starting at the commencement date over the shorter period of useful life of the underlying asset and lease term (refer to accounting policies I and N). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The lease liability is presented in the &#x2018;Interest-bearing loans and borrowings&#x2019; line and the right-of-use assets are presented in the &#x2018;Property, plant and equipment&#x2019; line in the consolidated statement of financial position. In addition, the principal portion of the lease payments is presented within financing activities and the interest component is presented within operating activities in the consolidated cash flow statement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;The company as lessor &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(K)&#x2002;INVENTORIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories are written down on a case-by-case basis if the anticipated net realizable value declines below the carrying amount of the inventories. The calculation of the net realizable value takes into consideration specific characteristics of each inventory category, such as expiration date, remaining shelf life, slow-moving indicators, amongst others. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(L)&#x2002;TRADE AND OTHER RECEIVABLES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days. Trade receivables are recognized initially at the amount of the consideration that is unconditional unless they contain significant financing components, when they are recognized at the amount adjusted for the time value of money. The company holds trade and other receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(M)&#x2007;CASH AND CASH EQUIVALENTS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(N)&#x2007;IMPAIRMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each reporting date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset&#x2019;s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Calculation of recoverable amount &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The recoverable amount of non-financial assets is determined as the higher of their fair value less costs to sell and value in use. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. The recoverable amount of the cash generating units to which the goodwill and the intangible assets with indefinite useful life belong is based on discounted future cash flows using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. These calculations are corroborated by valuation multiples, quoted share prices for publicly traded subsidiaries or other available fair value indicators. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Reversal of impairment losses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at each reporting date. An impairment loss is reversed only to the extent that the asset&#x2019;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(O)&#x2007;FAIR VALUE MEASUREMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of AB InBev&#x2019;s accounting policies and notes require fair value measurement for both financial and non-financial items. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company applies fair value measurement to the instruments listed below. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Derivatives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter derivatives is determined by commonly used valuation techniques. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Debt securities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Equity securities designated at FVOCI &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Non-derivative financial liabilities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of non-derivative financial liabilities is generally determined using unobservable inputs and therefore fall into level 3. In these circumstances, the valuation technique used is discounted cash flow, whereby the projected cash flows are discounted using a risk adjusted rate. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(P)&#x2007;SHARE CAPITAL &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Repurchase of share capital &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. The difference between the carrying value of the treasury shares issued to employees and their fair value is recognized in retained earnings. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Dividends &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by&#160;local legislation or the bylaws of&#160;the company&#x2019;s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Share issuance costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Q)&#x2007;PROVISIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions are recognized when (i)&#160;the company has a present legal or constructive obligation as a result of past events, (ii)&#160;it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii)&#160;a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Onerous contracts &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Disputes and Litigations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(R)&#x2007;PENSION AND SIMILAR OBLIGATIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment benefits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;a) Defined contribution plans &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;b) Defined benefit plans &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the statement of financial position are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, comprising of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. Re-measurements are not reclassified to profit or loss in subsequent periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other post-employment obligations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Some of AB InBev&#x2019;s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Termination benefits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Bonuses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bonuses received by company employees and management are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period the bonus is earned. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(S)&#x2007;SHARE-BASED PAYMENTS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using a binomial Hull model, modified to reflect the IFRS 2 requirement that assumptions about forfeiture before the end of the vesting period cannot impact the fair value of the option. The fair value of the Restricted Stock Units (&#x201c;RSUs&#x201d;) is the share price at grant &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;date. The fair value of the Performance Stock Units (PSUs) with a market condition (relative Total Shareholder Return (&#x201c;TSR&#x201d;)) is determined using Monte Carlo simulations. The fair value of the options, RSUs and PSUs granted is expensed over the vesting period based on the expected number of options that will vest. When the options are exercised, equity is increased by the amount of the proceeds received. When the share-based payment programs are vested, they are settled net of tax withholdings. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(T)&#x2007;INTEREST-BEARING LOANS AND BORROWINGS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings are recognized initially at fair value, less attributable transaction costs. Subsequent to initial recognition, interest-bearing loans and borrowings are stated at amortized cost with any difference between the initial amount and the maturity amount being recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The company has long-term loan agreements with foreign subsidiaries, denominated in foreign currency, the settlement of which is neither planned nor likely to occur in the foreseeable future. In accordance with IAS 21 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;The Effects of Changes in Foreign Exchange Rates&lt;/div&gt;&lt;/div&gt;, the exchange differences on retranslation of these loans are recognized in other comprehensive income in the consolidated financial statements. If the loan becomes planned or likely to be settled in the foreseeable future, the related foreign currency differences are recognized in profit or loss. In the event of partial settlement, only the foreign currency differences corresponding to the settled portion are reclassified to the profit or loss of the period in exceptional finance income/(expense). &lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(U)&#x2007;TRADE AND OTHER PAYABLES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(V)&#x2007;INCOME TAX &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax on the profit for the year comprises current and deferred tax. Income tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity, in which case the tax effect is also recognized directly in equity. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted, or substantively enacted, at the reporting date, and any adjustment to tax payable in respect of previous years. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In accordance with IAS 12 Income Taxes deferred taxes are provided using the so-called balance sheet liability method. This means that, for all taxable and deductible differences between the tax bases of assets and liabilities and their carrying amounts in the statement of financial position a deferred tax liability or asset is recognized. Under this method a provision for deferred taxes is also made for differences between the fair values of assets and liabilities acquired in a business combination and their tax base. IAS 12 prescribes that no deferred taxes are recognized (i)&#160;on initial recognition of goodwill, (ii)&#160;at the initial recognition of assets or liabilities in a transaction that is not a business combination and affects neither accounting nor taxable profit and (iii)&#160;on differences relating to investments in subsidiaries to the extent that they will probably not reverse in the foreseeable future and to the extent that the company is able to control the timing of the reversal. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using currently or substantively enacted tax rates. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes deferred tax assets, including assets arising from losses carried forward, to the extent that future probable taxable profit will be available against which the deferred tax asset can be utilized. A deferred tax asset is reduced to the extent that it is no longer probable that the related tax benefit will be realized. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The company has administrative and judicial discussions with tax authorities related to certain tax treatments adopted when calculating the income tax and social contribution, in particular in Brazil. As required by IFRIC 23, the company assesses each material tax position. When the company assesses that it is probable that the tax authorities will accept the tax treatments adopted, income taxes are calculated and reported consistently with the tax treatment used. The company discloses the potential effect of material uncertainties as a tax-related contingency in Note 29&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Contingencies&lt;/div&gt;&lt;/div&gt;. When the company concludes that it is not probable that a particular tax treatment is accepted, the company generally uses the most likely amount of the tax treatment when determining the tax provision to be recorded. &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company presents income tax provisions in income tax liabilities. Assets and liabilities for uncertain tax treatments are presented as income tax assets/liabilities or deferred tax assets/liabilities. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(W)&#x2007;INCOME RECOGNITION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Goods sold &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue is measured based on the consideration to which the company expects to be entitled in a contract with a customer and excludes amounts collected on behalf of third parties. The company recognizes revenue when performance obligations are satisfied, meaning when the company transfers control of a product to a customer. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Specifically, revenue recognition follows the following five-step approach: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Identification of the contracts with a customer &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Identification of the performance obligations in the contracts &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Determination of the transaction price &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Allocation of the transaction price to the performance obligations in the contracts &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue recognition when performance obligations are satisfied &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, the company estimates the amount of consideration to which it will be entitled in exchange for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant future reversals when the uncertainty is resolved. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Royalty income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes the sales-based or usage-based royalties in other operating income when the later of the following events occurs: (a)&#160;the customer&#x2019;s subsequent sales or usage; and (b)&#160;the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied (or partially satisfied). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Government grants &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A government grant is recognized in the statement of financial position initially as deferred income when there is reasonable assurance that it will be received and that the company will comply with the conditions attached to it. Grants that compensate the company for expenses incurred are recognized as other operating income on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the company for the acquisition of an asset are presented by deducting them from the acquisition cost of the related asset. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Finance income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finance income comprises interest received or receivable on funds invested, dividend income, foreign exchange gains, losses on currency hedging instruments offsetting currency gains, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial assets measured at FVPL as well as any gains from hedge ineffectiveness (refer to accounting policy Y). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income is recognized as it accrues (taking into account the effective yield on the asset) unless collectability is in doubt. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Dividend income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividend income is recognized in the income statement on the date that the dividend is declared. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Tax credits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2020, Ambev, our subsidiary in Brazil, recognized tax credits in other operating income after a favorable judicial decision by the Brazilian Supreme Court, which recognized the right to exclude the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenue (PIS and COFINS). The tax credits are reported in other operating income when the conditions in IAS 37 are met and the related interest in finance income. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(X)&#x2007;EXPENSES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Finance costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finance costs comprise interest payable on borrowings, calculated using the effective interest rate method, foreign exchange losses, gains on currency hedging instruments offsetting currency losses, results on interest rate hedging instruments, losses on hedging instruments that are not part of a hedge accounting relationship, losses on financial assets classified as trading, impairment losses on financial assets as well as any losses from hedge ineffectiveness (refer to accounting policy Y). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All interest costs incurred in connection with borrowings or financial transactions are expensed as incurred as part of finance costs. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowings, such as transaction costs and fair value adjustments, are recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis (refer to accounting policy T). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The interest expense component of lease payments, the unwind of discounts on payables and the interest on provisions are recognized in the income statement as accretion expense using the effective interest rate method. Net interest on pension obligations is determined using the appropriate discount rate and is recognized in the income statement as accretion expense (refer to accounting policy R). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Research and development, advertising and promotional costs and systems development costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Research, advertising and promotional costs are expensed in the year in which these costs are incurred. Development costs and systems development costs are expensed in the year in which these costs are incurred if they do not meet the criteria for capitalization (refer to accounting policy F). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Purchasing, receiving and warehousing costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Purchasing and receiving costs are included in the cost of sales, as well as the costs of storing and moving raw materials and packaging materials. The costs of storing finished products at the brewery as well as costs incurred for subsequent storage in distribution centers are included within distribution expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Emission allowances &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company is subject to greenhouse gas emission allowance trading schemes in force in a number of geographies. Acquired emission allowances are recognized at cost in cost of sales. To the extent that it is expected that the number of allowances needed to settle the greenhouse gas emissions exceeds the number of emission allowances owned, a provision is recognized. Such provision is measured at the estimated amount of the expenditure required to settle the obligation. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Y)&#x2007;FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev uses derivative financial instruments to mitigate the transactional impact of foreign currencies, interest rates, equity prices and commodity prices on the company&#x2019;s performance. AB InBev&#x2019;s financial risk management policy prohibits the use of derivative financial instruments for trading purposes and the company does therefore not hold or issue any such instruments for such purposes. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Classification and measurement &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Except for certain trade receivables, the company initially measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs directly attributable to the acquisition or issue of the financial asset. Debt financial instruments are subsequently measured at amortized cost, FVOCI or FVPL. The classification is based on two criteria: the objective of the company&#x2019;s business model for managing the assets; and whether the instruments&#x2019; contractual cash flows represent &#x2018;solely payments of principal and interest&#x2019; on the principal amount outstanding (the &#x2018;SPPI criterion&#x2019;). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The classification and measurement of the company&#x2019;s financial assets is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Debt instruments at amortized cost:&lt;/div&gt;&lt;/div&gt; comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#x2019;s business model is to collect contractual cash flows. Interest income, foreign exchange gains and losses and any impairment charges for such instruments are recognized in profit or loss. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Debt instruments at FVOCI with gains or losses recycled to profit or loss on derecognition: &lt;/div&gt;&lt;/div&gt;comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#x2019;s business model is achieved by both collecting contractual cash flows and selling financial assets. Interest income, &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 6%;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;foreign exchange gains and losses and any impairment charges on such instruments are recognized in profit or loss. All other fair value gains and losses are recognized in other comprehensive income. On disposal of these debt securities, any related balance within FVOCI reserve is reclassified to profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition&lt;/div&gt;&lt;/div&gt;: the company designates these investments on an instrument-by-instrument basis as equity securities at FVOCI because they represent investments held for long term strategic purposes. When cost does not provide an appropriate estimate of fair value, investments in unquoted companies are subsequently measured at fair value using discounted cash flow methods. These investments are not subject to impairment testing and upon disposal, the cumulative gain or loss accumulated in other comprehensive income are not reclassified to profit or loss. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial assets and liabilities at FVPL&lt;/div&gt;&lt;/div&gt;: comprise derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments which do not meet the cash flow or the business model tests. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company designates certain derivatives as hedging instruments to hedge the variability in cash flows associated with highly probable forecast transactions arising from changes in foreign exchange rates, interest rates and commodity prices. To hedge changes in the fair value of recognized assets, liabilities and firm commitments, the company designates certain derivatives as part of fair value hedge. The company also designates certain derivatives and non-derivative financial liabilities as hedges of foreign exchange risk on a net investment in a foreign operation. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the inception of the hedging relationships, the company documents the risk management objective and strategy for undertaking the hedge. Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. Possible sources of ineffectiveness are changes in the timing of the forecasted transaction, changes in the quantity of the hedged item or changes in the credit risk of either party to the derivative contract. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Cash flow hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedge accounting is applied when a derivative hedges the variability in cash flows of a highly probable forecasted transaction, foreign currency risk of a firm commitment or a recognized asset or liability (such as variable interest rate instrument). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When the hedged forecasted transaction or firm commitment subsequently results in the recognition of a non-financial item, the amount accumulated in the hedging reserves is included directly in the initial carrying amount of the non-financial item when it is recognized. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For all other hedged transactions, the amount accumulated in the hedging reserves is reclassified to profit or loss in the same period during which the hedged item affects profit or loss (e.g., when the variable interest expense is recognized). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a hedging instrument or hedge relationship is terminated but the hedged transaction is still expected to occur, the cumulative gain or loss (at that point) remains in equity and is reclassified to profit or loss when the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Any ineffectiveness is recognized immediately in profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair value hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. The fair value adjustment to the carrying amount of the hedged item is amortized to profit or loss from the date of discontinuation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net investment hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a non-derivative foreign currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability to the functional currency are recognized directly in other comprehensive income (translation reserves). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or the loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves) and is reclassified to profit or loss upon disposal of the foreign operation, while the ineffective portion is reported in profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Offsetting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial assets and financial liabilities are offset, and the net amount presented in the statement of financial position when, and only when, the company has a current legally enforceable right to set off the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Derecognition &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A financial asset is primarily derecognized (i.e., removed from the Group&#x2019;s consolidated statement of financial position) when the rights to receive cash flows from the asset have expired or the Group has transferred its rights to receive cash flows from the asset. A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expires. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Z)&#x2007;SEGMENT REPORTING &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Operating segments are components of the company&#x2019;s business activities about which separate financial information is available that is evaluated regularly by senior management. The company has six operating segments. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s operating segment reporting format is geographical because the company&#x2019;s risks and rates of return are affected predominantly by the fact that AB InBev operates in different geographical areas. The company&#x2019;s management structure and internal reporting system to the Board of Directors is set up accordingly. The company&#x2019;s five geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management&#x2019;s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being commonly reported regions amongst the company&#x2019;s peers), as well as management&#x2019;s view on the optimal balance between practical and more granular information. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The results of Global Export and Holding Companies, which includes the company&#x2019;s global headquarters, some non-beverage related businesses and the export businesses in countries in which AB InBev has no operations are reported separately. The company&#x2019;s five geographic regions plus the Global Export and Holding Companies comprise the company&#x2019;s six reportable segments for financial reporting purposes. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(AA)&#x2003;EXCEPTIONAL ITEMS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 3pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items are those that in management&#x2019;s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments or business activities and the effect of the accelerated repayment of certain debt facilities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB are reported in exceptional finance income/(expense). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The impact of income tax on the exceptional items is calculated country-by-country and is included in exceptional taxes (Refer to Note 8&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Exceptional items&lt;/div&gt;&lt;/div&gt;). &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(BB)&#x2003;DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev classifies a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use if all of the conditions of IFRS 5 are met. A disposal group is defined as a group of assets to be disposed of, by sale or otherwise, together as a group in a single transaction, and liabilities directly associated with those assets that will be transferred. Immediately before classification as held for sale, the company measures the carrying amount of the asset (or all the assets and liabilities in the disposal group) in accordance with applicable IFRS. Then, on initial classification as held for sale, non-current assets and disposal groups are recognized at the lower of carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale are included in profit or loss. The same applies to gains and losses on subsequent re-measurement. Non-current assets classified as held for sale are no longer depreciated or amortized. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(CC)&#x2003;RECENTLY ISSUED IFRS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31&#160;December 2025. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The following standards, amendments and interpretations have been issued recently, but are not yet effective: &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;IFRS 18 &#x2013; Presentation and Disclosures in Financial Statements &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;In April 2024, the IASB issued IFRS 18 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Presentation and Disclosures in Financial Statements&lt;/div&gt;&lt;/div&gt;, which replaces IAS&#160;1 and introduces new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. IFRS 18 is effective for annual reporting periods beginning on or after 1&#160;January 2027, with earlier application permitted. The standard is to be applied retrospectively. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, its impact on the presentation of the primary financial statements and the related disclosures is expected to be significant. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;IFRS 18 introduces new requirements to: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&#x2022;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;present specified categories, with the introduction of new operating, investing and financing categories, and defined subtotals in the income statement; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&#x2022;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;strengthen the principles of aggregation and disaggregation across primary statements and notes. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company anticipates that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company does not intend to early adopt IFRS 18 and is currently reviewing the impact on its consolidated financial statements. The company assessed that the main presentation change will be the reclassification of foreign exchange gains and losses and gains and losses on certain hedging instruments from finance income and expense per IAS 1 to operating profit per IFRS 18, when the underlying exposure being remeasured or hedged, relates to operating activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of amendments to standards are effective for annual periods beginning after 1&#160;January 2026 and have not been discussed either because of their non-applicability or immateriality to AB InBev&#x2019;s consolidated financial statements. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory>
    <bud:DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32582"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(A)&#x2002;BASIS OF PREPARATION AND MEASUREMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depending on the applicable IFRS requirements, the measurement basis used in preparing the financial statements is cost, net realizable value, fair value or recoverable amount. Whenever IFRS provides an option between cost and another measurement basis (e.g., systematic re-measurement), the cost approach is applied. &lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForBasisOfPreparationAndMeasurementExplanatory>
    <bud:DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32589"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(B)&#x2002;FUNCTIONAL AND PRESENTATION CURRENCY &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unless otherwise specified, all financial information included in these financial statements has been stated in US dollar, which is the company&#x2019;s presentation currency, and has been rounded to the nearest million. The functional currency of the parent company is the euro. &lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForFunctionalAndPresentationCurrencyExplanatory>
    <bud:DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32596"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(C)&#x2002;PRINCIPLES OF CONSOLIDATION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Subsidiaries are those entities controlled by AB&#160;InBev. AB InBev controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing control, potential voting rights are taken into account. Control is presumed to exist where AB InBev owns, directly or indirectly, more than one half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated that such ownership does not constitute control. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. Total comprehensive income of subsidiaries is attributed to the owners of the company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Associates are undertakings in which AB&#160;InBev has significant influence over the financial and operating policies, but which it does not control. This is generally evidenced by ownership of between 20% and 50% of the voting rights. A joint venture is an arrangement in which AB InBev has joint control, whereby AB InBev has rights to the net assets of the arrangement, rather than rights to its assets and obligations for its liabilities. Associates and joint ventures are accounted for by the equity method of accounting, from the date that significant influence or joint control commences until the date that significant influence or joint control ceases. When AB&#160;InBev&#x2019;s share of losses exceeds the carrying amount of the associate or joint venture, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that AB&#160;InBev has incurred legal or constructive obligations on behalf of the associate or joint venture. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Joint operations arise when AB InBev has rights to the assets and obligations to the liabilities of a joint arrangement. AB InBev accounts for its share of the assets, liabilities, revenues and expenses as from the moment joint operation commences until the date that joint operation ceases. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The financial statements of the company&#x2019;s subsidiaries, joint ventures, joint operations and associates are prepared for the same reporting year as the parent company, using consistent accounting policies. In&#160;exceptional cases&#160;when the financial statements of a subsidiary, joint venture, joint operation or associate are prepared as of a different date from that of AB InBev, adjustments are made for the effects of significant transactions or events that occur between that date and the date of AB InBev&#x2019;s financial statements.&#160;In such cases, the difference between the end of the reporting period of&#160;these subsidiaries, joint ventures, joint operations or associates&#160;from AB InBev&#x2019;s reporting period is no more than three months. Results from the company&#x2019;s associates Anadolu Efes and Castel are reported on a three-month lag. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transactions with non-controlling interests are treated as transactions with equity owners of the company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity where there is no loss of control. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All intercompany transactions, balances and unrealized gains and losses on transactions between group companies have been eliminated. Unrealized gains arising from transactions with joint ventures, joint operations and associates are eliminated to the extent of AB&#160;InBev&#x2019;s interest in the entity. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no evidence of impairment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;A listing of the company&#x2019;s most important subsidiaries, joint ventures, joint operations and associates is set out in Note 33 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;AB&#160;InBev companies&lt;/div&gt;&lt;/div&gt;.&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForPrinciplesOfConsolidationExplanatory>
    <ifrs-full:ProportionOfVotingPowerHeldInAssociate
      contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-90068"
      unitRef="Unit_pure">0.20</ifrs-full:ProportionOfVotingPowerHeldInAssociate>
    <ifrs-full:ProportionOfVotingPowerHeldInAssociate
      contextRef="P01_01_2025To12_31_2025_TopOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-90069"
      unitRef="Unit_pure">0.50</ifrs-full:ProportionOfVotingPowerHeldInAssociate>
    <bud:DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32635"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(D)&#x2002;SUMMARY OF CHANGES IN ACCOUNTING POLICIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of amendments to standards became mandatory for the first time for the financial year beginning on 1&#160;January 2025 and have not been listed in these consolidated financial statements as they either do not apply or are immaterial to AB InBev&#x2019;s consolidated financial statements. &lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForSummaryOfChangesInAccountingPoliciesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32642"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(E)&#x2002;FOREIGN CURRENCIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign currency transactions &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign currency transactions are accounted for at exchange rates prevailing at the date of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rates prevailing at the reporting date. Gains and losses resulting from the settlement of foreign currency transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rate prevailing at the date of the transaction or, for those stated at fair value, at the dates the fair value was determined. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation of the results and financial position of foreign operations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Assets and liabilities of foreign operations are translated to US dollar at foreign exchange rates prevailing at the reporting date. Income statements of foreign operations, excluding foreign entities in hyperinflationary economies, are translated to US dollar at exchange rates for the year approximating the foreign exchange rates prevailing at the dates of the transactions. The components of shareholders&#x2019; equity are translated at historical rates. Exchange differences arising from the translation of shareholders&#x2019; equity to US dollar at period-end exchange rates are taken to other comprehensive income (translation reserves). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Financial Reporting in hyperinflationary economies &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In May 2018, the Argentine peso underwent a severe devaluation, causing Argentina&#x2019;s three-year cumulative inflation to exceed 100% and thus, triggering the requirement to transition to hyperinflation accounting as of 2018, as prescribed by IAS 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial Reporting in Hyperinflationary Economies&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Under IAS 29, non-monetary assets and liabilities stated at historical cost, equity and income statements of subsidiaries operating in hyperinflationary economies are restated for changes in the general purchasing power of the local currency, applying a general price index. These re-measured accounts are used for conversion into US dollar at the period closing exchange rate. As a result, the statement of financial position and net results of subsidiaries operating in hyperinflation economies are stated in terms of the measuring unit current at the end of the reporting period. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The 2025 results, restated for purchasing power, were translated at the December 2025 closing rate of 1459.80 Argentine pesos per US dollar (2024 results were translated at the December 2024 closing rate of 1032.79 Argentine pesos per US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exchange rates &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most important exchange rates that have been used in preparing the financial statements are: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 US dollar equals:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Argentine peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 459.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 032.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;808.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazilian real&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.50&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6.19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.84&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.01&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.33&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.35&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.00&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.21&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombian peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 749.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 415.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 818.47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 063.86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 077.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 284.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.96&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.90&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19.28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Peruvian sol&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.57&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.75&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.78&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 444.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 474.05&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 296.53&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 421.70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 355.26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 309.12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <bud:CumulativeInflationRateTransitionToHyperinflation
      contextRef="P05_01_2018To05_31_2018_ARsrtStatementGeographicalAxis_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-90070"
      unitRef="Unit_pure">1</bud:CumulativeInflationRateTransitionToHyperinflation>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_ArsMembersrtCurrencyAxis"
      decimals="2"
      id="ixv-90071"
      unitRef="Unit_pure">1459.8</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_ArsMembersrtCurrencyAxis"
      decimals="2"
      id="ixv-90072"
      unitRef="Unit_pure">1032.79</ifrs-full:ClosingForeignExchangeRate>
    <bud:DisclosureOfExchangeRatesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-32691"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most important exchange rates that have been used in preparing the financial statements are: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Closing rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Average rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 US dollar equals:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&lt;br/&gt; 2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Argentine peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 459.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 032.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;808.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazilian real&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.50&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6.19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.84&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.01&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.33&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.35&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.00&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.21&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombian peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 749.18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 415.40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 818.47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 063.86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 077.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 284.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.96&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.90&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19.28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Peruvian sol&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.77&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.57&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.75&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.74&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.78&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.80&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16.55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17.92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18.41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 444.93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 474.05&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 296.53&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 421.70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 355.26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 309.12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfExchangeRatesExplanatory>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_ARSsrtCurrencyAxis"
      decimals="2"
      id="ixv-90073"
      unitRef="Unit_pure">1459.8</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_ARSsrtCurrencyAxis"
      decimals="2"
      id="ixv-90074"
      unitRef="Unit_pure">1032.79</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_ARSsrtCurrencyAxis"
      decimals="2"
      id="ixv-90075"
      unitRef="Unit_pure">808.74</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90076"
      unitRef="Unit_pure">5.5</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90077"
      unitRef="Unit_pure">6.19</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90078"
      unitRef="Unit_pure">4.84</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90079"
      unitRef="Unit_pure">5.6</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90080"
      unitRef="Unit_pure">5.36</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_BRLsrtCurrencyAxis"
      decimals="2"
      id="ixv-90081"
      unitRef="Unit_pure">5.01</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90082"
      unitRef="Unit_pure">1.37</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90083"
      unitRef="Unit_pure">1.44</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90084"
      unitRef="Unit_pure">1.33</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90085"
      unitRef="Unit_pure">1.4</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90086"
      unitRef="Unit_pure">1.37</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_CADsrtCurrencyAxis"
      decimals="2"
      id="ixv-90087"
      unitRef="Unit_pure">1.35</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90088"
      unitRef="Unit_pure">7</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90089"
      unitRef="Unit_pure">7.3</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90090"
      unitRef="Unit_pure">7.1</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90091"
      unitRef="Unit_pure">7.21</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90092"
      unitRef="Unit_pure">7.18</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_CNYsrtCurrencyAxis"
      decimals="2"
      id="ixv-90093"
      unitRef="Unit_pure">7.06</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90094"
      unitRef="Unit_pure">3749.18</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90095"
      unitRef="Unit_pure">4415.4</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90096"
      unitRef="Unit_pure">3818.47</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90097"
      unitRef="Unit_pure">4063.86</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90098"
      unitRef="Unit_pure">4077.77</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_COPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90099"
      unitRef="Unit_pure">4284.95</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90100"
      unitRef="Unit_pure">0.85</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90101"
      unitRef="Unit_pure">0.96</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90102"
      unitRef="Unit_pure">0.9</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90103"
      unitRef="Unit_pure">0.89</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90104"
      unitRef="Unit_pure">0.92</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_EURsrtCurrencyAxis"
      decimals="2"
      id="ixv-90105"
      unitRef="Unit_pure">0.93</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90106"
      unitRef="Unit_pure">17.97</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90107"
      unitRef="Unit_pure">20.27</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90108"
      unitRef="Unit_pure">16.89</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90109"
      unitRef="Unit_pure">19.28</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90110"
      unitRef="Unit_pure">18.16</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_MXNsrtCurrencyAxis"
      decimals="2"
      id="ixv-90111"
      unitRef="Unit_pure">17.73</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90112"
      unitRef="Unit_pure">3.37</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90113"
      unitRef="Unit_pure">3.77</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90114"
      unitRef="Unit_pure">3.71</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90115"
      unitRef="Unit_pure">3.57</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90116"
      unitRef="Unit_pure">3.76</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_PENsrtCurrencyAxis"
      decimals="2"
      id="ixv-90117"
      unitRef="Unit_pure">3.75</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90118"
      unitRef="Unit_pure">0.74</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90119"
      unitRef="Unit_pure">0.8</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90120"
      unitRef="Unit_pure">0.79</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90121"
      unitRef="Unit_pure">0.76</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90122"
      unitRef="Unit_pure">0.78</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_GBPsrtCurrencyAxis"
      decimals="2"
      id="ixv-90123"
      unitRef="Unit_pure">0.8</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90124"
      unitRef="Unit_pure">16.55</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90125"
      unitRef="Unit_pure">18.88</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90126"
      unitRef="Unit_pure">18.41</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90127"
      unitRef="Unit_pure">17.92</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90128"
      unitRef="Unit_pure">18.24</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_ZARsrtCurrencyAxis"
      decimals="2"
      id="ixv-90129"
      unitRef="Unit_pure">18.41</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2025_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90130"
      unitRef="Unit_pure">1444.93</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2024_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90131"
      unitRef="Unit_pure">1474.05</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate
      contextRef="PAsOn12_31_2023_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90132"
      unitRef="Unit_pure">1296.53</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2025To12_31_2025_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90133"
      unitRef="Unit_pure">1421.7</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2024To12_31_2024_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90134"
      unitRef="Unit_pure">1355.26</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="P01_01_2023To12_31_2023_KRWsrtCurrencyAxis"
      decimals="2"
      id="ixv-90135"
      unitRef="Unit_pure">1309.12</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33255"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(F)&#x2002;INTANGIBLE ASSETS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Research and development &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Expenditure on research activities, undertaken with the prospect of gaining new scientific or technical knowledge and understanding, is recognized in the income statement as an expense as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Expenditure on development activities, whereby research findings are applied to a plan or design for the production of new or substantially improved products and processes, is capitalized if the product or process is technically and commercially feasible, future economic benefits are probable, and the company has sufficient resources to complete development. The expenditure capitalized includes the cost of materials, direct labor and an appropriate proportion of overheads. Other development expenditure is recognized in the income statement as an expense as incurred. Capitalized development expenditure is stated at cost less accumulated amortization (see below) and impairment losses (refer to accounting policy N). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortization related to research and development intangible assets is included within the cost of sales if production related and in sales and marketing if related to commercial activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Supply and distribution rights &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A supply right is the right for AB InBev to supply a customer and the commitment by the customer to purchase from AB InBev. A distribution right is the right to sell specified products in a certain territory. Acquired distribution rights are measured initially at cost or fair value when obtained through a business combination. Amortization related to supply and distribution rights is included within sales and marketing expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brands &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If part of the consideration paid in a business combination relates to trademarks, trade names, formulas, recipes or technological expertise these intangible assets are considered as a group of complementary assets that is referred to as a brand for which one fair value is determined. Expenditure on internally generated brands is expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Software &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Purchased software is measured at cost less accumulated amortization. Expenditure on internally developed software is capitalized when the expenditure qualifies as development activities; otherwise, it is recognized in the income statement when incurred. Amortization related to software is included in cost of sales, distribution expenses, sales and marketing expenses or administrative expenses based on the activity the software supports. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other intangible assets &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other intangible assets, acquired by the company, are recognized at cost less accumulated amortization and impairment losses. Other intangible assets also include multi-year sponsorship rights acquired by the company. These are initially recognized at the present value of the future payments and subsequently measured at cost less accumulated amortization and impairment losses. Amortization related to multi-year sponsorship rights is included within sales and marketing expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Subsequent expenditure &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Subsequent expenditure on capitalized intangible assets is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditures are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Intangible assets with a finite life are amortized using the straight-line method over their estimated useful lives. Licenses, brewing, supply and distribution rights are amortized over the period in which the rights exist. Brands are considered to have an indefinite life unless plans exist to discontinue the brand. Discontinuance of a brand can be either through sale or termination of marketing support. When AB InBev purchases distribution rights for its own products the life of these rights is considered indefinite, unless the company has a plan to discontinue the related brand or distribution. Software and capitalized development costs related to technology are amortized generally over 3 to 10 years. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brands are deemed intangible assets with indefinite useful lives and, therefore, are not amortized but tested for impairment on an annual basis (refer to accounting policy N). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gains and losses on sale &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gains on sale of intangible assets are presented in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the intangible assets. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory>
    <bud:UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill
      contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_InformationProcessingEquipmentMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      id="ixv-90136">P3Y</bud:UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill>
    <bud:UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill
      contextRef="P01_01_2025To12_31_2025_InformationProcessingEquipmentMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis_TopOfRangeMemberifrsfullRangeAxis"
      id="ixv-90137">P10Y</bud:UsefulLivesOrAmortisationPeriodIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33333"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(G)&#x2002;BUSINESS COMBINATIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company applies the acquisition method of accounting to account for acquisitions of businesses. The cost of an acquisition is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date. The excess of the cost of the acquisition over the company&#x2019;s interest in the fair value of the identifiable net assets acquired is recorded as goodwill. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions requiring management judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisition-related costs are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If the business combination is achieved in stages, the acquisition date carrying value of AB InBev&#x2019;s previously held interest in the acquiree is re-measured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognized in profit or loss. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33346"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(H)&#x2002;GOODWILL &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Goodwill is determined as the excess of the consideration paid over AB InBev&#x2019;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the acquired subsidiary, jointly controlled entity or associate recognized at the date of acquisition. All business combinations are accounted for by applying the purchase method. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In conformity with IFRS 3 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Business Combinations&lt;/div&gt;&lt;/div&gt;, goodwill is stated at cost and not amortized but tested for impairment on an annual basis and whenever there is an indicator that the cash generating unit to which goodwill has been allocated, may be impaired (refer to accounting policy N). Goodwill is expressed in the currency of the subsidiary to which it relates and is &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;translated to US dollar using the year-end exchange rate. In respect of associates, the carrying amount of goodwill is included in the carrying amount of the investment in the associate. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If AB InBev&#x2019;s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the cost of the business combination such excess is recognized immediately in the income statement as required by IFRS 3 Business Combinations. Expenditure on internally generated goodwill is expensed as incurred. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33377"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(I)&#x2007;PROPERTY, PLANT AND EQUIPMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Property, plant and equipment is measured at cost less accumulated depreciation and impairment losses (refer to accounting policy N). Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management (e.g., nonrefundable tax and transport cost). The cost of a &lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;self-constructed&lt;/div&gt; asset is determined using the same principles as for an acquired asset. The depreciation methods, residual value, as well as the useful lives are reassessed and adjusted if appropriate, annually. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets are capitalized as part of the cost of such assets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Subsequent expenditure &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes in the carrying amount of an item of property, plant and equipment the cost of replacing part of such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item will flow to the company and the cost of the item can be measured reliably. All other costs are expensed as incurred. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The depreciable amount is the cost of an asset less its residual value. Residual values, if not insignificant, are reassessed annually. Depreciation is calculated from the date the asset is available for use, using the straight-line method over the estimated useful lives of the assets. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The estimated useful lives are defined in terms of the asset&#x2019;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Industrial buildings &#x2013; other real estate properties&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&#x2009;-&#x2009;50&#160;years&#x2003;&#x2003;&#x2003;&#x2002;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Production plant and equipment:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Production equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Storage, packaging and handling equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 7 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Returnable packaging:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Kegs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Crates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Bottles&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Point of sale furniture and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cars&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trucks&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Information processing equipment (hardware)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Land is not depreciated as it is deemed to have an indefinite life. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gains and losses on sale &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gains on sale of items of property, plant and equipment are presented in the income statement as other operating income. Net losses on sale are presented as other operating expenses. Net gains and losses are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable, the associated costs can be estimated reliably, and there is no continuing managerial involvement with the property, plant and equipment. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory>
    <bud:DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33398"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The estimated useful lives are defined in terms of the asset&#x2019;s expected utility to the company and can vary from one geographical area to another. On average the estimated useful lives are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Industrial buildings &#x2013; other real estate properties&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&#x2009;-&#x2009;50&#160;years&#x2003;&#x2003;&#x2003;&#x2002;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Production plant and equipment:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Production equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Storage, packaging and handling equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 7 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Returnable packaging:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Kegs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Crates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Bottles&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 - 5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Point of sale furniture and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cars&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trucks&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 - 15 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Information processing equipment (hardware)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 - 10 years&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfEstimatedUsefulLivesOfAssetsExplanatory>
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      contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ReturnablePackagingCratesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      contextRef="P01_01_2025To12_31_2025_ReturnablePackagingCratesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis"
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      contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_ReturnablePackagingBottlesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      contextRef="P01_01_2025To12_31_2025_FixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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    <bud:PropertyPlantAndEquipmentEstimatedUsefulLife
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      contextRef="P01_01_2025To12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_CommunicationAndNetworkEquipmentMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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    <bud:PropertyPlantAndEquipmentEstimatedUsefulLife
      contextRef="P01_01_2025To12_31_2025_CommunicationAndNetworkEquipmentMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis_TopOfRangeMemberifrsfullRangeAxis"
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    <ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33506"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(J)&#x2002;LEASES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;The company as lessee &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company assesses whether a contract is or contains a lease at inception of a contract. The company recognizes a right-of-use asset and a corresponding lease liability with respect to all lease agreements in which it is the lessee, except for short-term leases (defined as leases with a lease term of 12 months or less) and leases of low value assets. For these &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;leases, the company recognizes the lease payments as an operating expense on a straight-line basis over the term of the lease, and payments for these leases are presented in cash flow from operating activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the company uses its incremental borrowing rate specific to the country, term and currency of the contract. In addition, the company considers its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease payments include fixed payments, less any lease incentives, variable lease payments that depend on an index or a rate known at the commencement date, and purchase options or extension option payments if the company is reasonably certain to exercise these options. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and right-of-use asset and are recognized as an expense in the income statement in the period in which the event or condition that triggers those payments occurs. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A lease liability is remeasured upon a change in the lease term, changes in an index or rate used to determine the lease payments or reassessment of exercise of a renewal and/or purchase option. The corresponding adjustment is made to the related right-of-use asset. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day and any initial direct costs. They are subsequently measured at cost less accumulated depreciation and impairment losses. The right-of-use assets are depreciated starting at the commencement date over the shorter period of useful life of the underlying asset and lease term (refer to accounting policies I and N). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The lease liability is presented in the &#x2018;Interest-bearing loans and borrowings&#x2019; line and the right-of-use assets are presented in the &#x2018;Property, plant and equipment&#x2019; line in the consolidated statement of financial position. In addition, the principal portion of the lease payments is presented within financing activities and the interest component is presented within operating activities in the consolidated cash flow statement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;The company as lessor &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Leases where the company transfers substantially all the risks and rewards of ownership to the lessee are classified as finance leases. Leases of assets under which all the risks and rewards of ownership are substantially retained by the company are classified as operating leases. Rental income is recognized in other operating income on a straight-line basis over the term of the lease. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories contextRef="P01_01_2025To12_31_2025" id="ixv-33552"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(K)&#x2002;INVENTORIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories are valued at the lower of cost and net realizable value. Cost includes expenditure incurred in acquiring the inventories and bringing them to their existing location and condition. The weighted average method is used in assigning the cost of inventories. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The cost of finished products and work in progress comprises raw materials, other production materials, direct labor, other direct cost and an allocation of fixed and variable overhead based on normal operating capacity. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated completion and selling costs. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories are written down on a case-by-case basis if the anticipated net realizable value declines below the carrying amount of the inventories. The calculation of the net realizable value takes into consideration specific characteristics of each inventory category, such as expiration date, remaining shelf life, slow-moving indicators, amongst others. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33563"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(L)&#x2002;TRADE AND OTHER RECEIVABLES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables are amounts due from customers for goods sold or services performed in the ordinary course of business and generally due for settlement within 30 days. Trade receivables are recognized initially at the amount of the consideration that is unconditional unless they contain significant financing components, when they are recognized at the amount adjusted for the time value of money. The company holds trade and other receivables with the objective to collect the contractual cash flows and therefore measures them subsequently at amortized cost using the effective interest rate method. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables are carried at amortized cost less impairment losses. To determine the appropriate amount to be impaired factors such as significant financial difficulties of the debtor, probability that the debtor will default, enter into bankruptcy or financial reorganization, or delinquency in payments are considered. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables are initially recognized at fair value and subsequently measured at amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory>
    <bud:TradeReceivableSettlementPeriod contextRef="P01_01_2025To12_31_2025" id="ixv-90157">P30D</bud:TradeReceivableSettlementPeriod>
    <ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents contextRef="P01_01_2025To12_31_2025" id="ixv-33589"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(M)&#x2007;CASH AND CASH EQUIVALENTS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents include all cash balances and short-term highly liquid investments with a maturity of three months or less from the date of acquisition that are readily convertible into cash. They are stated at face value, which approximates their fair value. In the cash flow statement, cash and cash equivalents are presented net of bank overdrafts. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents>
    <ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33596"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(N)&#x2007;IMPAIRMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The carrying amounts of property, plant and equipment, goodwill and intangible assets are reviewed at each reporting date to determine whether there is any indication of impairment. If there is an indicator of impairment, the asset&#x2019;s recoverable amount is estimated. In addition, goodwill, intangible assets that are not yet available for use and intangibles with an indefinite useful life are tested for impairment annually at the cash-generating unit level (that is a country or group of countries managed as a group below a reporting region). An impairment loss is recognized whenever the carrying amount of an asset or the related cash-generating unit exceeds its recoverable amount. Impairment losses are recognized in the income statement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Calculation of recoverable amount &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The recoverable amount of non-financial assets is determined as the higher of their fair value less costs to sell and value in use. For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the cash-generating unit to which the asset belongs. The recoverable amount of the cash generating units to which the goodwill and the intangible assets with indefinite useful life belong is based on discounted future cash flows using a discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. These calculations are corroborated by valuation multiples, quoted share prices for publicly traded subsidiaries or other available fair value indicators. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses recognized in respect of cash-generating units firstly reduce allocated goodwill and then the carrying amounts of the other assets in the unit on a pro rata basis. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Reversal of impairment losses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal of the impairment at each reporting date. An impairment loss is reversed only to the extent that the asset&#x2019;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33617"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(O)&#x2007;FAIR VALUE MEASUREMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of AB InBev&#x2019;s accounting policies and notes require fair value measurement for both financial and non-financial items. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When measuring fair value, AB InBev uses observable market data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 1: inputs are unadjusted quoted prices in active markets for identical assets or liabilities. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 2: inputs are observable either directly (i.e., as prices) or indirectly (i.e., derived from prices). &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Level 3: fair value measurements incorporate significant inputs that are based on unobservable market data. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;If the inputs used to measure the fair value of an asset or liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company applies fair value measurement to the instruments listed below. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Derivatives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of exchange traded derivatives (e.g., exchange traded foreign currency futures) is determined by reference to the official prices published by the respective exchanges (e.g., the New York Board of Trade). The fair value of over-the-counter derivatives is determined by commonly used valuation techniques. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Debt securities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;This category includes both debt securities designated at FVOCI and FVPL. The fair value is measured using observable inputs such as interest rates and foreign exchange rates. When it pertains to instruments that are publicly traded, the fair value is determined by reference to observable quotes. In circumstances where debt securities are not publicly traded, the main valuation technique is the discounted cash flow. The company may apply other valuation techniques or combination of valuation techniques if the fair value results are more relevant. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Equity securities designated at FVOCI &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investments in equity securities comprise quoted and unquoted securities. When liquid quoted prices are available, these are used to fair value investments in quoted securities. The unquoted securities are fair valued using primarily the discounted cash flow method. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Non-derivative financial liabilities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of non-derivative financial liabilities is generally determined using unobservable inputs and therefore fall into level 3. In these circumstances, the valuation technique used is discounted cash flow, whereby the projected cash flows are discounted using a risk adjusted rate. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory>
    <bud:DescriptionOfAccountingPolicyForShareCapitalExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33707"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(P)&#x2007;SHARE CAPITAL &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Repurchase of share capital &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When AB InBev buys back its own shares, the amount of the consideration paid, including directly attributable costs, is recognized as a deduction from equity under treasury shares. The difference between the carrying value of the treasury shares issued to employees and their fair value is recognized in retained earnings. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Dividends &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends paid are recognized in the consolidated financial statements on the date that the dividends are declared unless minimum statutory dividends are required by&#160;local legislation or the bylaws of&#160;the company&#x2019;s subsidiaries. In such instances, statutory minimum dividends are recognized as a liability. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Share issuance costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. &lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForShareCapitalExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33730"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Q)&#x2007;PROVISIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions are recognized when (i)&#160;the company has a present legal or constructive obligation as a result of past events, (ii)&#160;it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and (iii)&#160;a reliable estimate of the amount of the obligation can be made. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for restructuring is recognized when the company has approved a detailed and formal restructuring plan, and the restructuring has either commenced or has been announced publicly. Costs relating to the ongoing activities of the company are not provided for. The provision includes the benefit commitments in connection with early retirement and redundancy schemes. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Onerous contracts &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for onerous contracts is recognized when the expected benefits to be derived by the company from a contract are lower than the unavoidable cost of meeting its obligations under the contract. Such provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Disputes and Litigations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A provision for disputes and litigation is recognized when it is more likely than not that the company will be required to make future payments as a result of past events, such items may include but are not limited to, several claims, suits and actions &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;  relating to antitrust laws, violations of distribution and license agreements, environmental matters, employment related disputes, claims from tax authorities related to indirect taxes, and alcohol industry litigation matters.</ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33773"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(R)&#x2007;PENSION AND SIMILAR OBLIGATIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment benefits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Post-employment benefits include pensions, post-employment life insurance and post-employment medical benefits. The company operates a number of defined benefit and defined contribution plans throughout the world, the assets of which are generally held in separate trustee-managed funds. The pension plans are generally funded by payments from employees and the company, and, for defined benefit plans taking account of the recommendations of independent actuaries. AB InBev maintains funded and unfunded pension plans. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;a) Defined contribution plans &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions to defined contribution plans are recognized as an expense in the income statement when incurred. A defined contribution plan is a pension plan under which AB InBev pays fixed contributions into a fund. AB InBev has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;b) Defined benefit plans &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A defined benefit plan is a pension plan that is not a defined contribution plan. Typically, defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. For defined benefit plans, the pension expenses are assessed separately for each plan using the projected unit credit method. The projected unit credit method considers each period of service as giving rise to an additional unit of benefit entitlement. Under this method, the cost of providing pensions is charged to the income statement so as to spread the regular cost over the service lives of employees in accordance with the advice of qualified actuaries who carry out a full valuation of the plans at least every three years. The amounts charged to the income statement include current service cost, net interest cost (income), past service costs and the effect of any curtailments or settlements. Past service costs are recognized at the earlier of when the amendment / curtailment occurs or when the company recognizes related restructuring or termination costs. The pension obligations recognized in the statement of financial position are measured at the present value of the estimated future cash outflows using interest rates based on high quality corporate bond yields, which have terms to maturity approximating the terms of the related liability, less the fair value of any plan assets. Re-measurements, comprising of actuarial gains and losses, the effect of the asset ceiling (excluding net interest) and the return on plan assets (excluding net interest) are recognized in full in the period in which they occur in the statement of comprehensive income. Re-measurements are not reclassified to profit or loss in subsequent periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Where the calculated amount of a defined benefit liability is negative (an asset), AB InBev recognizes such pension asset to the extent that economic benefits are available to AB InBev either from refunds or reductions in future contributions. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other post-employment obligations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Some of AB InBev&#x2019;s companies provide post-employment medical benefits to their retirees. The entitlement to these benefits is usually based on the employee remaining in service up to retirement age. The expected costs of these benefits are accrued over the period of employment, using an accounting methodology similar to that for defined benefit pension plans. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Termination benefits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Termination benefits are recognized as an expense at the earlier when the company is demonstrably committed, without realistic possibility of withdrawal, to a formal detailed plan to terminate employment before the normal retirement date and when the company recognizes costs for a restructuring. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Bonuses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bonuses received by company employees and management are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period the bonus is earned. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33816"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(S)&#x2007;SHARE-BASED PAYMENTS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Different share and share option programs allow company senior management and members of the board to acquire shares of the company and some of its affiliates. The fair value of the share options is estimated at grant date, using a binomial Hull model, modified to reflect the IFRS 2 requirement that assumptions about forfeiture before the end of the vesting period cannot impact the fair value of the option. The fair value of the Restricted Stock Units (&#x201c;RSUs&#x201d;) is the share price at grant &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; date. The fair value of the Performance Stock Units (PSUs) with a market condition (relative Total Shareholder Return (&#x201c;TSR&#x201d;)) is determined using Monte Carlo simulations. The fair value of the options, RSUs and PSUs granted is expensed over the vesting period based on the expected number of options that will vest. When the options are exercised, equity is increased by the amount of the proceeds received. When the share-based payment programs are vested, they are settled net of tax withholdings.</ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory>
    <bud:DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33841"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(T)&#x2007;INTEREST-BEARING LOANS AND BORROWINGS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings are recognized initially at fair value, less attributable transaction costs. Subsequent to initial recognition, interest-bearing loans and borrowings are stated at amortized cost with any difference between the initial amount and the maturity amount being recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The company has long-term loan agreements with foreign subsidiaries, denominated in foreign currency, the settlement of which is neither planned nor likely to occur in the foreseeable future. In accordance with IAS 21 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;The Effects of Changes in Foreign Exchange Rates&lt;/div&gt;&lt;/div&gt;, the exchange differences on retranslation of these loans are recognized in other comprehensive income in the consolidated financial statements. If the loan becomes planned or likely to be settled in the foreseeable future, the related foreign currency differences are recognized in profit or loss. In the event of partial settlement, only the foreign currency differences corresponding to the settled portion are reclassified to the profit or loss of the period in exceptional finance income/(expense). &lt;/div&gt; </bud:DescriptionOfAccountingPolicyForInterestBearingLoansAndBorrowingsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33851"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(U)&#x2007;TRADE AND OTHER PAYABLES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-33858"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(V)&#x2007;INCOME TAX &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax on the profit for the year comprises current and deferred tax. Income tax is recognized in the income statement except to the extent that it relates to items recognized directly in equity, in which case the tax effect is also recognized directly in equity. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted, or substantively enacted, at the reporting date, and any adjustment to tax payable in respect of previous years. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In accordance with IAS 12 Income Taxes deferred taxes are provided using the so-called balance sheet liability method. This means that, for all taxable and deductible differences between the tax bases of assets and liabilities and their carrying amounts in the statement of financial position a deferred tax liability or asset is recognized. Under this method a provision for deferred taxes is also made for differences between the fair values of assets and liabilities acquired in a business combination and their tax base. IAS 12 prescribes that no deferred taxes are recognized (i)&#160;on initial recognition of goodwill, (ii)&#160;at the initial recognition of assets or liabilities in a transaction that is not a business combination and affects neither accounting nor taxable profit and (iii)&#160;on differences relating to investments in subsidiaries to the extent that they will probably not reverse in the foreseeable future and to the extent that the company is able to control the timing of the reversal. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using currently or substantively enacted tax rates. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes deferred tax assets, including assets arising from losses carried forward, to the extent that future probable taxable profit will be available against which the deferred tax asset can be utilized. A deferred tax asset is reduced to the extent that it is no longer probable that the related tax benefit will be realized. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The company has administrative and judicial discussions with tax authorities related to certain tax treatments adopted when calculating the income tax and social contribution, in particular in Brazil. As required by IFRIC 23, the company assesses each material tax position. When the company assesses that it is probable that the tax authorities will accept the tax treatments adopted, income taxes are calculated and reported consistently with the tax treatment used. The company discloses the potential effect of material uncertainties as a tax-related contingency in Note 29&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Contingencies&lt;/div&gt;&lt;/div&gt;. When the company concludes that it is not probable that a particular tax treatment is accepted, the company generally uses the most likely amount of the tax treatment when determining the tax provision to be recorded. &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;  The company presents income tax provisions in income tax liabilities. Assets and liabilities for uncertain tax treatments are presented as income tax assets/liabilities or deferred tax assets/liabilities.</ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue contextRef="P01_01_2025To12_31_2025" id="ixv-33894"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(W)&#x2007;INCOME RECOGNITION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Goods sold &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue is measured based on the consideration to which the company expects to be entitled in a contract with a customer and excludes amounts collected on behalf of third parties. The company recognizes revenue when performance obligations are satisfied, meaning when the company transfers control of a product to a customer. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Specifically, revenue recognition follows the following five-step approach: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Identification of the contracts with a customer &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Identification of the performance obligations in the contracts &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Determination of the transaction price &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Allocation of the transaction price to the performance obligations in the contracts &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue recognition when performance obligations are satisfied &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue from the sale of goods is measured at the amount that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. Such trade incentives are treated as variable consideration. If the consideration includes a variable amount, the company estimates the amount of consideration to which it will be entitled in exchange for transferring the promised goods or services to the customer. Variable consideration is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant future reversals when the uncertainty is resolved. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Royalty income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company recognizes the sales-based or usage-based royalties in other operating income when the later of the following events occurs: (a)&#160;the customer&#x2019;s subsequent sales or usage; and (b)&#160;the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied (or partially satisfied). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Government grants &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A government grant is recognized in the statement of financial position initially as deferred income when there is reasonable assurance that it will be received and that the company will comply with the conditions attached to it. Grants that compensate the company for expenses incurred are recognized as other operating income on a systematic basis in the same periods in which the expenses are incurred. Grants that compensate the company for the acquisition of an asset are presented by deducting them from the acquisition cost of the related asset. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Finance income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finance income comprises interest received or receivable on funds invested, dividend income, foreign exchange gains, losses on currency hedging instruments offsetting currency gains, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial assets measured at FVPL as well as any gains from hedge ineffectiveness (refer to accounting policy Y). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income is recognized as it accrues (taking into account the effective yield on the asset) unless collectability is in doubt. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Dividend income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividend income is recognized in the income statement on the date that the dividend is declared. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Tax credits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2020, Ambev, our subsidiary in Brazil, recognized tax credits in other operating income after a favorable judicial decision by the Brazilian Supreme Court, which recognized the right to exclude the Value-Added Tax (ICMS) from the taxable basis of the social contribution on gross revenue (PIS and COFINS). The tax credits are reported in other operating income when the conditions in IAS 37 are met and the related interest in finance income. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue>
    <ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34016"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(X)&#x2007;EXPENSES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Finance costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finance costs comprise interest payable on borrowings, calculated using the effective interest rate method, foreign exchange losses, gains on currency hedging instruments offsetting currency losses, results on interest rate hedging instruments, losses on hedging instruments that are not part of a hedge accounting relationship, losses on financial assets classified as trading, impairment losses on financial assets as well as any losses from hedge ineffectiveness (refer to accounting policy Y). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All interest costs incurred in connection with borrowings or financial transactions are expensed as incurred as part of finance costs. Any difference between the initial amount and the maturity amount of interest-bearing loans and borrowings, such as transaction costs and fair value adjustments, are recognized in the income statement (in accretion expense) over the expected life of the instrument on an effective interest rate basis (refer to accounting policy T). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The interest expense component of lease payments, the unwind of discounts on payables and the interest on provisions are recognized in the income statement as accretion expense using the effective interest rate method. Net interest on pension obligations is determined using the appropriate discount rate and is recognized in the income statement as accretion expense (refer to accounting policy R). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Research and development, advertising and promotional costs and systems development costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Research, advertising and promotional costs are expensed in the year in which these costs are incurred. Development costs and systems development costs are expensed in the year in which these costs are incurred if they do not meet the criteria for capitalization (refer to accounting policy F). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Purchasing, receiving and warehousing costs &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Purchasing and receiving costs are included in the cost of sales, as well as the costs of storing and moving raw materials and packaging materials. The costs of storing finished products at the brewery as well as costs incurred for subsequent storage in distribution centers are included within distribution expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Emission allowances &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company is subject to greenhouse gas emission allowance trading schemes in force in a number of geographies. Acquired emission allowances are recognized at cost in cost of sales. To the extent that it is expected that the number of allowances needed to settle the greenhouse gas emissions exceeds the number of emission allowances owned, a provision is recognized. Such provision is measured at the estimated amount of the expenditure required to settle the obligation. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34049"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Y)&#x2007;FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev uses derivative financial instruments to mitigate the transactional impact of foreign currencies, interest rates, equity prices and commodity prices on the company&#x2019;s performance. AB InBev&#x2019;s financial risk management policy prohibits the use of derivative financial instruments for trading purposes and the company does therefore not hold or issue any such instruments for such purposes. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Classification and measurement &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Except for certain trade receivables, the company initially measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs directly attributable to the acquisition or issue of the financial asset. Debt financial instruments are subsequently measured at amortized cost, FVOCI or FVPL. The classification is based on two criteria: the objective of the company&#x2019;s business model for managing the assets; and whether the instruments&#x2019; contractual cash flows represent &#x2018;solely payments of principal and interest&#x2019; on the principal amount outstanding (the &#x2018;SPPI criterion&#x2019;). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The classification and measurement of the company&#x2019;s financial assets is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Debt instruments at amortized cost:&lt;/div&gt;&lt;/div&gt; comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#x2019;s business model is to collect contractual cash flows. Interest income, foreign exchange gains and losses and any impairment charges for such instruments are recognized in profit or loss. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Debt instruments at FVOCI with gains or losses recycled to profit or loss on derecognition: &lt;/div&gt;&lt;/div&gt;comprise investments in debt securities where the contractual cash flows are solely payments of principal and interest and the company&#x2019;s business model is achieved by both collecting contractual cash flows and selling financial assets. Interest income, &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 6%;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;foreign exchange gains and losses and any impairment charges on such instruments are recognized in profit or loss. All other fair value gains and losses are recognized in other comprehensive income. On disposal of these debt securities, any related balance within FVOCI reserve is reclassified to profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Equity instruments designated at FVOCI, with no recycling of gains or losses to profit or loss on derecognition&lt;/div&gt;&lt;/div&gt;: the company designates these investments on an instrument-by-instrument basis as equity securities at FVOCI because they represent investments held for long term strategic purposes. When cost does not provide an appropriate estimate of fair value, investments in unquoted companies are subsequently measured at fair value using discounted cash flow methods. These investments are not subject to impairment testing and upon disposal, the cumulative gain or loss accumulated in other comprehensive income are not reclassified to profit or loss. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial assets and liabilities at FVPL&lt;/div&gt;&lt;/div&gt;: comprise derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments which do not meet the cash flow or the business model tests. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear:both;max-height:0pt;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company designates certain derivatives as hedging instruments to hedge the variability in cash flows associated with highly probable forecast transactions arising from changes in foreign exchange rates, interest rates and commodity prices. To hedge changes in the fair value of recognized assets, liabilities and firm commitments, the company designates certain derivatives as part of fair value hedge. The company also designates certain derivatives and non-derivative financial liabilities as hedges of foreign exchange risk on a net investment in a foreign operation. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the inception of the hedging relationships, the company documents the risk management objective and strategy for undertaking the hedge. Hedge effectiveness is measured at the inception of the hedge relationship and through periodic prospective effectiveness assessments to ensure that an economic relationship exists between hedged item and hedging instrument. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the different type of hedges in place, the company generally enters into hedge relationships where the critical terms of the hedging instrument match exactly the terms of the hedged item. Therefore, the hedge ratio is typically 1:1. The company performs a qualitative assessment of effectiveness. In circumstances where the terms of the hedged item no longer exactly match the critical terms of the hedging instrument, the company uses a hypothetical derivative method to assess effectiveness. Possible sources of ineffectiveness are changes in the timing of the forecasted transaction, changes in the quantity of the hedged item or changes in the credit risk of either party to the derivative contract. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Cash flow hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedge accounting is applied when a derivative hedges the variability in cash flows of a highly probable forecasted transaction, foreign currency risk of a firm commitment or a recognized asset or liability (such as variable interest rate instrument). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When the hedged forecasted transaction or firm commitment subsequently results in the recognition of a non-financial item, the amount accumulated in the hedging reserves is included directly in the initial carrying amount of the non-financial item when it is recognized. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For all other hedged transactions, the amount accumulated in the hedging reserves is reclassified to profit or loss in the same period during which the hedged item affects profit or loss (e.g., when the variable interest expense is recognized). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a hedging instrument or hedge relationship is terminated but the hedged transaction is still expected to occur, the cumulative gain or loss (at that point) remains in equity and is reclassified to profit or loss when the hedged transaction occurs. If the hedged transaction is no longer expected to occur, the cumulative gain or loss recognized in other comprehensive income is reclassified to profit or loss immediately. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Any ineffectiveness is recognized immediately in profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair value hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a derivative hedges the variability in fair value of a recognized asset or liability (such as a fixed rate instrument) or a firm commitment, any resulting gain or loss on the hedging instrument is recognized in the profit or loss. The carrying amount of the hedged item is also adjusted for fair value changes in respect of the risk being hedged, with any gain or loss being recognized in profit or loss. The fair value adjustment to the carrying amount of the hedged item is amortized to profit or loss from the date of discontinuation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net investment hedge accounting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a non-derivative foreign currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability to the functional currency are recognized directly in other comprehensive income (translation reserves). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;When a derivative financial instrument hedges a net investment in a foreign operation, the portion of the gain or the loss on the hedging instrument that is determined to be effective is recognized directly in other comprehensive income (translation reserves) and is reclassified to profit or loss upon disposal of the foreign operation, while the ineffective portion is reported in profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Offsetting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial assets and financial liabilities are offset, and the net amount presented in the statement of financial position when, and only when, the company has a current legally enforceable right to set off the amounts and it intends either to settle them on a net basis or to realize the asset and settle the liability simultaneously. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Derecognition &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A financial asset is primarily derecognized (i.e., removed from the Group&#x2019;s consolidated statement of financial position) when the rights to receive cash flows from the asset have expired or the Group has transferred its rights to receive cash flows from the asset. A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expires. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34207"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(Z)&#x2007;SEGMENT REPORTING &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Operating segments are components of the company&#x2019;s business activities about which separate financial information is available that is evaluated regularly by senior management. The company has six operating segments. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s operating segment reporting format is geographical because the company&#x2019;s risks and rates of return are affected predominantly by the fact that AB InBev operates in different geographical areas. The company&#x2019;s management structure and internal reporting system to the Board of Directors is set up accordingly. The company&#x2019;s five geographic regions are North America, Middle Americas, South America, EMEA and Asia Pacific. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The aggregation criteria applied are based on similarities in the economic indicators (e.g., margins) that have been assessed in determining that the aggregated operating segments share similar economic characteristics, as prescribed in IFRS 8. Furthermore, management assessed additional factors such as management&#x2019;s views on the optimal number of reporting segments, AB InBev historical geographies, peer comparison (e.g., Asia Pacific and EMEA being commonly reported regions amongst the company&#x2019;s peers), as well as management&#x2019;s view on the optimal balance between practical and more granular information. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The results of Global Export and Holding Companies, which includes the company&#x2019;s global headquarters, some non-beverage related businesses and the export businesses in countries in which AB InBev has no operations are reported separately. The company&#x2019;s five geographic regions plus the Global Export and Holding Companies comprise the company&#x2019;s six reportable segments for financial reporting purposes. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Segment capital expenditure is the total cost incurred during the period to acquire property, plant and equipment, and intangible assets other than goodwill. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory>
    <bud:NumberOfOperatingSegments1
      contextRef="P01_01_2025To12_31_2025"
      decimals="INF"
      id="ixv-90163"
      unitRef="Unit_Segments">6</bud:NumberOfOperatingSegments1>
    <bud:NumberOfGeographicalRegions
      contextRef="P01_01_2025To12_31_2025"
      decimals="INF"
      id="ixv-90164"
      unitRef="Unit_Region">5</bud:NumberOfGeographicalRegions>
    <bud:NumberOfReportableSegments1
      contextRef="P01_01_2025To12_31_2025"
      decimals="INF"
      id="ixv-90165"
      unitRef="Unit_Segments">6</bud:NumberOfReportableSegments1>
    <bud:DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34222"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(AA)&#x2003;EXCEPTIONAL ITEMS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 3pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items are those that in management&#x2019;s judgment need to be disclosed separately by virtue of their size or incidence. Such items are disclosed on the face of the consolidated income statement or separately disclosed in the notes to the financial statements. Transactions which may give rise to exceptional items are principally restructuring activities, impairments, gains or losses on disposal of investments or business activities and the effect of the accelerated repayment of certain debt facilities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB are reported in exceptional finance income/(expense). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The impact of income tax on the exceptional items is calculated country-by-country and is included in exceptional taxes (Refer to Note 8&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Exceptional items&lt;/div&gt;&lt;/div&gt;). &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForNonrecurringItemsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34249"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(BB)&#x2003;DISCONTINUED OPERATIONS AND NON-CURRENT ASSETS HELD FOR SALE &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A discontinued operation is a component of the company that either has been disposed of or is classified as held for sale and represents a separate major line of business or geographical area of operations and is part of a single coordinated plan to dispose of or is a subsidiary acquired exclusively with a view to resale. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev classifies a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use if all of the conditions of IFRS 5 are met. A disposal group is defined as a group of assets to be disposed of, by sale or otherwise, together as a group in a single transaction, and liabilities directly associated with those assets that will be transferred. Immediately before classification as held for sale, the company measures the carrying amount of the asset (or all the assets and liabilities in the disposal group) in accordance with applicable IFRS. Then, on initial classification as held for sale, non-current assets and disposal groups are recognized at the lower of carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale are included in profit or loss. The same applies to gains and losses on subsequent re-measurement. Non-current assets classified as held for sale are no longer depreciated or amortized. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory>
    <bud:DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34258"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(CC)&#x2003;RECENTLY ISSUED IFRS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;To the extent that new IFRS requirements are expected to be applicable in the future, they have not been applied in preparing these consolidated financial statements for the year ended 31&#160;December 2025. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The following standards, amendments and interpretations have been issued recently, but are not yet effective: &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;IFRS 18 &#x2013; Presentation and Disclosures in Financial Statements &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;In April 2024, the IASB issued IFRS 18 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Presentation and Disclosures in Financial Statements&lt;/div&gt;&lt;/div&gt;, which replaces IAS&#160;1 and introduces new requirements aimed at improving comparability of financial performance reporting and enhancing the transparency of the information provided to users. IFRS 18 is effective for annual reporting periods beginning on or after 1&#160;January 2027, with earlier application permitted. The standard is to be applied retrospectively. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;While IFRS 18 does not affect the recognition or measurement of assets, liabilities, income or expenses, its impact on the presentation of the primary financial statements and the related disclosures is expected to be significant. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;IFRS 18 introduces new requirements to: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&#x2022;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;present specified categories, with the introduction of new operating, investing and financing categories, and defined subtotals in the income statement; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&#x2022;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;provide disclosures on management-defined performance measures (MPMs) in the notes to the financial statements; and &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;strengthen the principles of aggregation and disaggregation across primary statements and notes. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company anticipates that the adoption of the standard will primarily affect the presentation of the income statement and the cash flow statement, the disclosure of management performance measures, and the related note structure. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company does not intend to early adopt IFRS 18 and is currently reviewing the impact on its consolidated financial statements. The company assessed that the main presentation change will be the reclassification of foreign exchange gains and losses and gains and losses on certain hedging instruments from finance income and expense per IAS 1 to operating profit per IFRS 18, when the underlying exposure being remeasured or hedged, relates to operating activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A number of amendments to standards are effective for annual periods beginning after 1&#160;January 2026 and have not been discussed either because of their non-applicability or immateriality to AB InBev&#x2019;s consolidated financial statements. &lt;/div&gt;&lt;/div&gt; </bud:DescriptionOfAccountingPolicyForRecentlyIssuedIFRSExplanatory>
    <bud:DisclosureOfUseOfEstimatesAndJudgmentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34319"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4.&#x2007;Use of estimates and judgments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The preparation of financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;These estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or, if the revision affects both current and future periods, in the period of the revision and future periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Although each of its significant accounting policies reflects judgments, assessments or estimates, AB&#160;InBev believes that the following accounting policies reflect the most critical judgments, estimates and assumptions that are important to its business operations and understanding results: business combinations, intangible assets, goodwill, impairment, provisions, share-based payments, employee benefits and accounting for current and deferred tax. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair values of acquired identifiable intangibles are based on an assessment of future cash flows. Impairment analyses of goodwill and indefinite-lived intangible assets are performed annually and whenever a triggering event has occurred, in order to determine whether the carrying value exceeds the recoverable amount. These calculations are based on estimates of future cash flows. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company uses its judgment to select a variety of methods including the discounted cash flow method and option valuation models and makes assumptions about the fair value of financial instruments that are mainly based on market conditions existing at each reporting date. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actuarial assumptions are established to anticipate future events and are used in calculating pension and other long-term employee benefit expenses and liabilities. These factors include assumptions with respect to interest rates, rates of increase in health care costs, rates of future compensation increases, turnover rates, and life expectancy. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company is subject to income tax in numerous jurisdictions. Significant judgment is required to determine the worldwide provision for income tax. There are some transactions and calculations for which the ultimate tax determination is uncertain. Some subsidiaries within the group are involved in tax audits and local enquiries usually in relation to prior years. Investigations and negotiations with local tax authorities are ongoing in various jurisdictions at the reporting date and, by their nature, these can take considerable time to conclude. In assessing the amount of any income tax provisions to be recognized in the financial statements, estimates are made of the expected successful settlement of these matters. Estimates of interest and penalties on tax liabilities are also recorded. Where the final outcome of these matters is different from the amounts that were initially recorded, such differences will impact the current and deferred income tax assets and liabilities in the period that such determination is made. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Judgments made by management in the application of IFRS that have a significant effect on the financial statements and estimates with a significant risk of material adjustment in the following year are further discussed in the relevant notes hereafter. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfUseOfEstimatesAndJudgmentsExplanatory>
    <ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34349"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5.&#x2002;Segment reporting &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Segment information is presented by geographical segments, consistent with the information available to and regularly evaluated by the chief operating decision maker. AB InBev operates its business through six business segments. Regional and operating company management is responsible for managing performance, underlying risks, and the effectiveness of operations. Internally, AB InBev&#x2019;s management uses profit from operations as a measure of segment performance which forms part of the basis for many of the company&#x2019;s segment performance indicators to make decisions regarding the allocation of resources. The organizational structure comprises five regions: North America, Middle Americas, South America, EMEA and Asia Pacific. In addition to these five geographic regions, the company uses a sixth segment, Global Export and Holding Companies, for all financial reporting purposes. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All figures in the table below are stated in million US dollar, except volume (million hls). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Middle Americas&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;South America&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;EMEA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Asia Pacific&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Volume&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;83&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;150&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;150&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;149&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;155&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;162&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;94&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;79&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;84&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14 207&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14 655&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 072&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 376&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 072&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;16 348&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 954&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 423&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 040&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 502&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 693&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 196&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 824&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Profit&#160;from&#160;operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 350&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 607&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 382&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 809&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 201&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 909&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 012&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 838&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 022&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 765&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 461&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 222&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 451&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Segment&#160;assets&#160;(non-current)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62 436&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73 560&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66 567&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;74 142&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12 820&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14 791&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 845&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 951&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 302&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 952&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 980&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Gross capex&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;391&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;436&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;495&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;921&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 164&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 368&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;660&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;702&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;830&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;668&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;906&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;307&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;379&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;498&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;FTE&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 492&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 950&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43 085&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;45 630&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;48 069&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32 931&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34 639&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36 267&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19 264&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19 979&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 011&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 483&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 992&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 36pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 36pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:50%;border-spacing:0"&gt;
&lt;tr&gt;
&lt;td style="width:88%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
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&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;"&gt;Global&#160;Export&#x2009;and&#160;Holding&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;"&gt;Companies&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB&#160;InBev&#160;Worldwide&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="25" style="height:1.5pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Volume&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;561&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;585&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Revenue&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;588&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;418&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;508&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 320&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 768&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 380&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Profit from operations&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 666)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 671)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 592)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 405&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 487&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 966&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Net finance income/(expense)&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 465)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 353)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Share of results of associates&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;378&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;329&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;295&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Exceptional share of results of associates&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Income tax expense&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 850)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 152)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 234)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Profit&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 477&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 416&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 891&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="25" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Segment assets (non-current)&#xb9;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 461&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 511&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;194 039&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;183 637&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;195 973&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Gross capex&#xb9;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;628&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;513&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;540&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 656&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 863&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 638&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;FTE&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 168&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 662&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 251&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;136 805&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143 885&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;154 540&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;For the year ended 31&#160;December 2025, net revenue from the beer business amounted to 53 050m US dollar (2024&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px"&gt;1&lt;/div&gt;: 53 655m US dollar; 2023&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px"&gt;1&lt;/div&gt;: 53 865m US dollar) while the net revenue from the non-beer business (including primarily soft drinks, spirits-based beverages and energy drinks) accounted for 6 269m US dollar (2024&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px"&gt;1&lt;/div&gt;: 6 114m US dollar; 2023&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:7.5px"&gt;1&lt;/div&gt;: 5 515m US dollar). Additionally, for 2025, net revenue from the company&#x2019;s business in the United States amounted to 12 376m US dollar (2024: 12 792m US dollar; 2023: 13 168m US dollar) and net revenue from the company&#x2019;s business in Brazil amounted to 8 766m US dollar (2024: 9 063m US dollar; 2023: 9 257m US dollar).&lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;On the same basis, net revenue from external customers attributable to AB InBev&#x2019;s country of domicile (Belgium) represented 696m US dollar (2024: 692m US dollar; 2023: 606m US dollar) and non-current assets located in the country of domicile represented 2 221m US dollar (2024: 2 331m US dollar; 2023: 2 341m US dollar). &lt;/div&gt; &lt;div style="font-size:48pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt; &lt;div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:Arial;text-align:justify"&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"&gt;&#160;&lt;/div&gt; </ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory>
    <bud:NumberOfBusinessSegments
      contextRef="P01_01_2025To12_31_2025"
      decimals="INF"
      id="ixv-90166"
      unitRef="Unit_Segments">6</bud:NumberOfBusinessSegments>
    <bud:NumberOfGeographicalRegions
      contextRef="P01_01_2025To12_31_2025"
      decimals="0"
      id="ixv-90167"
      unitRef="Unit_Region">5</bud:NumberOfGeographicalRegions>
    <bud:NumberOfReportableSegments1
      contextRef="P01_01_2025To12_31_2025"
      decimals="0"
      id="ixv-90168"
      unitRef="Unit_Segments">6</bud:NumberOfReportableSegments1>
    <ifrs-full:DisclosureOfOperatingSegmentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-34356">&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All figures in the table below are stated in million US dollar, except volume (million hls). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;North America&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Middle Americas&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;South America&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;EMEA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Asia Pacific&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Volume&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;83&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;150&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;150&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;149&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;155&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;162&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;94&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;79&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;84&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14 207&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14 655&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 072&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 376&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 072&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;16 348&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 954&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 423&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 040&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 502&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 693&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 196&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 824&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Profit&#160;from&#160;operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 350&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 607&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 382&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 809&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 201&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 909&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 012&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 838&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 022&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 765&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 461&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 222&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 451&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td colspan="61" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="60" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Segment&#160;assets&#160;(non-current)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62 436&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73 560&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66 567&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;74 142&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12 820&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14 791&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 845&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 951&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 302&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 952&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 980&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Gross capex&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;391&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;436&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;495&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;921&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 164&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 368&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;660&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;702&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;830&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;668&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;906&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;307&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;379&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;498&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;FTE&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 492&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 950&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43 085&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;45 630&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;48 069&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32 931&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34 639&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36 267&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19 264&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19 979&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 011&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 483&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 992&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 36pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 36pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:50%;border-spacing:0"&gt;
&lt;tr&gt;
&lt;td style="width:88%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;"&gt;Global&#160;Export&#x2009;and&#160;Holding&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: center; line-height: normal;"&gt;Companies&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="padding-bottom:1pt ;vertical-align:bottom;white-space:nowrap;text-align:center"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB&#160;InBev&#160;Worldwide&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="25" style="height:1.5pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Volume&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;561&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;585&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Revenue&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;588&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;418&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;508&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 320&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 768&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;59 380&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Profit from operations&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 666)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 671)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 592)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 405&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 487&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 966&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Net finance income/(expense)&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 465)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 353)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Share of results of associates&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;378&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;329&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;295&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Exceptional share of results of associates&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Income tax expense&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 850)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 152)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 234)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="13" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;Profit&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal; white-space: nowrap;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 477&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 416&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 891&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td colspan="25" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td colspan="24" style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; text-indent: 0em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Segment assets (non-current)&#xb9;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 461&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 511&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;194 039&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;183 637&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;195 973&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;Gross capex&#xb9;&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;628&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;513&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;540&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 656&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 863&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(204, 204, 204); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 638&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom: 1pt; border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: top; white-space: nowrap;"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal; white-space: nowrap;"&gt;FTE&lt;/div&gt; &lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 168&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 662&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 251&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;136 805&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143 885&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="border-bottom: 1.5pt solid rgb(230, 183, 17); vertical-align: bottom; white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;154 540&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:Arial;text-align:justify"&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt; </ifrs-full:DisclosureOfOperatingSegmentsExplanatory>
    <bud:ReportedVolumes
      contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90169"
      unitRef="Unit_HLS">83000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90170"
      unitRef="Unit_HLS">86000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90171"
      unitRef="Unit_HLS">90000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90172"
      unitRef="Unit_HLS">150000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90173"
      unitRef="Unit_HLS">150000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90174"
      unitRef="Unit_HLS">149000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90175"
      unitRef="Unit_HLS">155000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90176"
      unitRef="Unit_HLS">161000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90177"
      unitRef="Unit_HLS">162000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90178"
      unitRef="Unit_HLS">93000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90179"
      unitRef="Unit_HLS">94000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90180"
      unitRef="Unit_HLS">90000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90181"
      unitRef="Unit_HLS">79000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90182"
      unitRef="Unit_HLS">84000000</bud:ReportedVolumes>
    <bud:ReportedVolumes
      contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90183"
      unitRef="Unit_HLS">93000000</bud:ReportedVolumes>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90184"
      unitRef="Unit_USD">14207000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90185"
      unitRef="Unit_USD">14655000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90186"
      unitRef="Unit_USD">15072000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90187"
      unitRef="Unit_USD">17376000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90188"
      unitRef="Unit_USD">17072000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90189"
      unitRef="Unit_USD">16348000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90190"
      unitRef="Unit_USD">11954000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90191"
      unitRef="Unit_USD">12423000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90192"
      unitRef="Unit_USD">12040000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90193"
      unitRef="Unit_USD">9502000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90194"
      unitRef="Unit_USD">9003000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90195"
      unitRef="Unit_USD">8589000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90196"
      unitRef="Unit_USD">5693000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90197"
      unitRef="Unit_USD">6196000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90198"
      unitRef="Unit_USD">6824000000</ifrs-full:Revenue>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90199"
      unitRef="Unit_USD">3747000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90200"
      unitRef="Unit_USD">4350000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90201"
      unitRef="Unit_USD">3607000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90202"
      unitRef="Unit_USD">7382000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90203"
      unitRef="Unit_USD">6809000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90204"
      unitRef="Unit_USD">6201000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90205"
      unitRef="Unit_USD">2909000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2024To12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90206"
      unitRef="Unit_USD">3012000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2023To12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90207"
      unitRef="Unit_USD">2838000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2025To12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90208"
      unitRef="Unit_USD">2022000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2024To12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90209"
      unitRef="Unit_USD">1765000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2023To12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90210"
      unitRef="Unit_USD">1461000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2025To12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90211"
      unitRef="Unit_USD">1011000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2024To12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90212"
      unitRef="Unit_USD">1222000000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities
      contextRef="P01_01_2023To12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90213"
      unitRef="Unit_USD">1451000000</ifrs-full:ProfitLossFromOperatingActivities>
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      contextRef="PAsOn12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90214"
      unitRef="Unit_USD">61445000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90215"
      unitRef="Unit_USD">61837000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90216"
      unitRef="Unit_USD">62436000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90217"
      unitRef="Unit_USD">73560000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90218"
      unitRef="Unit_USD">66567000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90219"
      unitRef="Unit_USD">74142000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90220"
      unitRef="Unit_USD">13764000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90221"
      unitRef="Unit_USD">12820000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
      decimals="-6"
      id="ixv-90222"
      unitRef="Unit_USD">14791000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90223"
      unitRef="Unit_USD">30845000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90224"
      unitRef="Unit_USD">27951000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_EMEASegmentMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90225"
      unitRef="Unit_USD">29302000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90226"
      unitRef="Unit_USD">10964000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90227"
      unitRef="Unit_USD">10952000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_AsiaPacificMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="ixv-90228"
      unitRef="Unit_USD">11980000000</ifrs-full:NoncurrentAssets>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2025To12_31_2025_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772083"
      unitRef="Unit_USD">391000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2024To12_31_2024_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772082"
      unitRef="Unit_USD">436000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2023To12_31_2023_NorthAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772081"
      unitRef="Unit_USD">495000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2025To12_31_2025_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772080"
      unitRef="Unit_USD">921000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2024To12_31_2024_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772079"
      unitRef="Unit_USD">1164000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2023To12_31_2023_MiddleAmericaMemberBUDSegmentAxis_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis"
      decimals="-6"
      id="Fact_155772078"
      unitRef="Unit_USD">1368000000</bud:GrossCapitalExpenditure>
    <bud:GrossCapitalExpenditure
      contextRef="P01_01_2025To12_31_2025_OperatingSegmentsMemberifrsfullSegmentConsolidationItemsAxis_SouthAmericaMemberBUDSegmentAxis"
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      unitRef="Unit_USD">8766000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_BRifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90320"
      unitRef="Unit_USD">9063000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_BRifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90321"
      unitRef="Unit_USD">9257000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90322"
      unitRef="Unit_USD">696000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90323"
      unitRef="Unit_USD">692000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2023To12_31_2023_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90324"
      unitRef="Unit_USD">606000000</ifrs-full:Revenue>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90325"
      unitRef="Unit_USD">2221000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90326"
      unitRef="Unit_USD">2331000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2023_BEifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90327"
      unitRef="Unit_USD">2341000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:DisclosureOfBusinessCombinationsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-36404"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.&#x2007;Acquisitions and disposals of subsidiaries &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company undertook a series of acquisitions and disposals and/or settled payments related to prior year acquisitions during the year ended 31&#160;December 2025 and 31&#160;December 2024, with no significant impact in the consolidated financial statements. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfBusinessCombinationsExplanatory>
    <ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-36411">&lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7.&#x2007;Other operating income/(expenses) &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government grants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;365&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;384&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;374&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net rental income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;License income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;206&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;168&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;194&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;808&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;779&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;778&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The income from government grants primarily relate to fiscal incentives given by certain Brazilian states and Chinese provinces, based on the company&#x2019;s operations and developments in those regions. &lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory>
    <bud:DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-36416">&lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government grants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;365&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;384&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;374&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net rental income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;License income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;206&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;168&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;194&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;808&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;779&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;778&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;  &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;  </bud:DisclosureOfDetailedInformationAboutOtherOperatingIncomeExpensesExplanatory>
    <ifrs-full:RevenueFromGovernmentGrants
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90328"
      unitRef="Unit_USD">365000000</ifrs-full:RevenueFromGovernmentGrants>
    <ifrs-full:RevenueFromGovernmentGrants
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155772132"
      unitRef="Unit_USD">384000000</ifrs-full:RevenueFromGovernmentGrants>
    <ifrs-full:RevenueFromGovernmentGrants
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155772131"
      unitRef="Unit_USD">374000000</ifrs-full:RevenueFromGovernmentGrants>
    <ifrs-full:RentalIncome
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90331"
      unitRef="Unit_USD">108000000</ifrs-full:RentalIncome>
    <ifrs-full:RentalIncome
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771155"
      unitRef="Unit_USD">106000000</ifrs-full:RentalIncome>
    <ifrs-full:RentalIncome
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771156"
      unitRef="Unit_USD">106000000</ifrs-full:RentalIncome>
    <ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90334"
      unitRef="Unit_USD">95000000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
    <ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155772126"
      unitRef="Unit_USD">88000000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
    <ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155772125"
      unitRef="Unit_USD">73000000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
    <ifrs-full:LicenceFeeIncome
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90337"
      unitRef="Unit_USD">33000000</ifrs-full:LicenceFeeIncome>
    <ifrs-full:LicenceFeeIncome
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155772129"
      unitRef="Unit_USD">32000000</ifrs-full:LicenceFeeIncome>
    <ifrs-full:LicenceFeeIncome
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155772128"
      unitRef="Unit_USD">31000000</ifrs-full:LicenceFeeIncome>
    <ifrs-full:OtherOperatingIncomeOperating
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90340"
      unitRef="Unit_USD">206000000</ifrs-full:OtherOperatingIncomeOperating>
    <ifrs-full:OtherOperatingIncomeOperating
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771797"
      unitRef="Unit_USD">168000000</ifrs-full:OtherOperatingIncomeOperating>
    <ifrs-full:OtherOperatingIncomeOperating
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771798"
      unitRef="Unit_USD">194000000</ifrs-full:OtherOperatingIncomeOperating>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90343"
      unitRef="Unit_USD">808000000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155772123"
      unitRef="Unit_USD">779000000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155772122"
      unitRef="Unit_USD">778000000</ifrs-full:OtherOperatingIncomeExpense>
    <bud:DisclosureOfExceptionalItemsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-36624">&lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8.&#x2007;Exceptional items &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;IAS 1 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Presentation of financial statements&lt;/div&gt;&lt;/div&gt; requires that material items of income and expense be disclosed separately. Exceptional items are items that in management&#x2019;s judgment need to be disclosed by virtue of their size or incidence so that a user can obtain a proper understanding of the company&#x2019;s financial information. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The exceptional items included in the income statement were as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(116)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(156)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(142)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Business and asset disposals (including impairment losses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;181&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Claims and legal costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(53)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(85)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisition-related costs (business combinations)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impact on profit from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(449)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(624)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(185)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(995)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;156&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional non-controlling interest&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(30)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net impact on profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(499)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 062)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(614)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring charges&lt;/div&gt;&lt;/div&gt; for the year ended 31&#160;December 2025 amounted to (116)m US dollar (31 December 2024: (156)m US dollar; 31&#160;December 2023: (142)m US dollar). These charges primarily relate to organizational alignments as a result of operational improvements across our supply chain and our commercial and support functions. These changes aim to eliminate overlapping organizations or duplicated processes, taking into account the matching of employee profiles with new organizational requirements. These one-time expenses provide the company with a lower cost base and bring a stronger focus to AB InBev&#x2019;s core activities, quicker decision-making and improvements &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;to&lt;/div&gt; efficiency, service and quality. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Business and asset disposals (including impairment losses)&lt;/div&gt;&lt;/div&gt; amounted to (274)m US dollar net loss for the year ended 31&#160;December 2025, mainly comprising of a loss of (214)m US dollar related to the planned sale of the Newark brewery and the closure of two other breweries in the United States and (60)m US dollar net loss related to the disposal of assets held for sale in Barbados and other Caribbean islands and the sale and impairment of non-core assets. Business and asset disposals (including impairment losses) amounted to 181m US dollar income for the year ended 31&#160;December 2024 mainly comprising of a gain of 437m US dollar recognized upon the sale of our share in associate Ghost Beverages LLC, partially offset by impairment losses of intangible assets and other non-core assets sold in the &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;period&lt;/div&gt;. See also Note 16 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Investments in associates. &lt;/div&gt;&lt;/div&gt;Business and assets disposals (including impairment losses) amounted to (397)m US dollar for the year ended 31&#160;December 2023, mainly comprising of a loss of (300)m US dollar the company recognized upon disposal of a portfolio of eight beer and beverage brands and associated assets in the US to Tilray Brands, Inc. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Claims and legal costs&lt;/div&gt;&lt;/div&gt; amounted to (53)m US dollar for the year ended 31&#160;December 2025. Oriental Brewery Co., Ltd. (&#x201c;OB&#x201d;), a subsidiary in South Korea, reported a (66)m US dollar exceptional expense relating &lt;div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;to&lt;/div&gt; a customs audit claim in the 2023 Financial Statements. During the year ended 31&#160;December 2025, OB recorded (49)m US dollar exceptional expenses related to these customs audit claims for remaining audit periods. During the year ended 31&#160;December 2023, the company&lt;div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;div style="text-indent: 0px; letter-spacing: 0px; top: 0px;display:inline;"&gt;also&lt;/div&gt; recorded&#160;legal costs of (19)m US dollar related to the successful outcome of a series of lawsuits regarding Ambev warrants. See also Note 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Contingencies&lt;/div&gt;&lt;/div&gt;.&lt;div style="letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exceptional net finance expense&lt;/div&gt;&lt;/div&gt; amounted to (185)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: net finance expense of (995)m US dollar; 31&#160;December 2023: net finance expense of (69)m US dollar ) &#x2013; see Note 11&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Finance expense and income&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; amounted to 9m US dollar related to the company&#x2019;s associate Anadolu Efes for the year ended 31&#160;December 2025 (31 December 2024: 104m US dollar from Anadolu Efes&#x2019; adoption of IAS 29 hyperinflation accounting on their 2023 results; 31&#160;December 2023: (35)m US dollar) &#x2013; see Note 13 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Investments in associates&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;All the amounts referenced above are before income taxes. &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exceptional taxes&lt;/div&gt;&lt;/div&gt; amounted to 156m US dollar (decrease of income taxes) for the year ended 31&#160;December 2025, and mainly included 66m US dollar exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the income tax on exceptional items. Exceptional taxes amounted to (205)m US dollar (increase of income taxes) for the year ended 31&#160;December 2024 and mainly included the net impact of (240)m US dollar exceptional tax expense (&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5&lt;/div&gt; billion South African rand) following the resolution of South African tax matters (see Note 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Contingencies)&lt;/div&gt;&lt;/div&gt;, the income tax on exceptional items and the release of tax provisions. Exceptional taxes amounted to 84m US dollar (decrease of income taxes) &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;for&lt;/div&gt; the year ended 31&#160;December 2023. See also Note 12 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Income taxes&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Non-controlling interest&lt;/div&gt;&lt;/div&gt; on the exceptional items amounted to (30)m US dollar for the year ended 31&#160;December 2025 (31 December 2024: 9m US dollar; 31&#160;December 2023: 30m US dollar). &lt;/div&gt;  &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;  &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfExceptionalItemsExplanatory>
    <bud:DisclosureOfComponentsOfExceptionalItemsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-36632">&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The exceptional items included in the income statement were as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(116)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(156)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(142)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Business and asset disposals (including impairment losses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;181&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Claims and legal costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(53)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(85)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisition-related costs (business combinations)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impact on profit from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(449)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(624)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(185)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(995)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;156&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional non-controlling interest&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(30)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net impact on profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(499)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 062)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(614)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfComponentsOfExceptionalItemsExplanatory>
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      contextRef="P01_01_2025To12_31_2025"
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      id="ixv-90346"
      unitRef="Unit_USD">116000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalRestructuringCharges
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771761"
      unitRef="Unit_USD">156000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalRestructuringCharges
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771760"
      unitRef="Unit_USD">142000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90349"
      unitRef="Unit_USD">-274000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771758"
      unitRef="Unit_USD">181000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771757"
      unitRef="Unit_USD">-397000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90352"
      unitRef="Unit_USD">53000000</bud:ExceptionalClaimsAndLegalCosts>
    <bud:ExceptionalClaimsAndLegalCosts
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771960"
      unitRef="Unit_USD">0</bud:ExceptionalClaimsAndLegalCosts>
    <bud:ExceptionalClaimsAndLegalCosts
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771961"
      unitRef="Unit_USD">85000000</bud:ExceptionalClaimsAndLegalCosts>
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      decimals="-6"
      id="ixv-90355"
      unitRef="Unit_USD">5000000</bud:ExceptionalAcquisitionCostBusinessCombinations>
    <bud:ExceptionalAcquisitionCostBusinessCombinations
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771755"
      unitRef="Unit_USD">0</bud:ExceptionalAcquisitionCostBusinessCombinations>
    <bud:ExceptionalAcquisitionCostBusinessCombinations
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771754"
      unitRef="Unit_USD">0</bud:ExceptionalAcquisitionCostBusinessCombinations>
    <bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90358"
      unitRef="Unit_USD">449000000</bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax>
    <bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771752"
      unitRef="Unit_USD">-25000000</bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax>
    <bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771751"
      unitRef="Unit_USD">624000000</bud:ExceptionalItemsIncludedInEarningsBeforeInterestAndTax>
    <bud:ExceptionalNetFinanceIncomeCost
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      decimals="-6"
      id="ixv-90361"
      unitRef="Unit_USD">185000000</bud:ExceptionalNetFinanceIncomeCost>
    <bud:ExceptionalNetFinanceIncomeCost
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771963"
      unitRef="Unit_USD">995000000</bud:ExceptionalNetFinanceIncomeCost>
    <bud:ExceptionalNetFinanceIncomeCost
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771964"
      unitRef="Unit_USD">69000000</bud:ExceptionalNetFinanceIncomeCost>
    <bud:ExceptionalShareOfResultsOfAssociates
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      decimals="-6"
      id="ixv-90364"
      unitRef="Unit_USD">9000000</bud:ExceptionalShareOfResultsOfAssociates>
    <bud:ExceptionalShareOfResultsOfAssociates
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771966"
      unitRef="Unit_USD">104000000</bud:ExceptionalShareOfResultsOfAssociates>
    <bud:ExceptionalShareOfResultsOfAssociates
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771967"
      unitRef="Unit_USD">-35000000</bud:ExceptionalShareOfResultsOfAssociates>
    <bud:ExceptionalTaxes
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90367"
      unitRef="Unit_USD">-156000000</bud:ExceptionalTaxes>
    <bud:ExceptionalTaxes
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771970"
      unitRef="Unit_USD">205000000</bud:ExceptionalTaxes>
    <bud:ExceptionalTaxes
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771971"
      unitRef="Unit_USD">-84000000</bud:ExceptionalTaxes>
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      decimals="-6"
      id="ixv-90370"
      unitRef="Unit_USD">-30000000</bud:ExceptionalNoncontrollingInterest>
    <bud:ExceptionalNoncontrollingInterest
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771973"
      unitRef="Unit_USD">9000000</bud:ExceptionalNoncontrollingInterest>
    <bud:ExceptionalNoncontrollingInterest
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="Fact_155771974"
      unitRef="Unit_USD">30000000</bud:ExceptionalNoncontrollingInterest>
    <bud:NetImpactOnProfit
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90373"
      unitRef="Unit_USD">-499000000</bud:NetImpactOnProfit>
    <bud:NetImpactOnProfit
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155771979"
      unitRef="Unit_USD">-1062000000</bud:NetImpactOnProfit>
    <bud:NetImpactOnProfit
      contextRef="P01_01_2023To12_31_2023"
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      id="Fact_155771977"
      unitRef="Unit_USD">-614000000</bud:NetImpactOnProfit>
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      decimals="-6"
      id="ixv-90376"
      unitRef="Unit_USD">116000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalRestructuringCharges
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90377"
      unitRef="Unit_USD">156000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalRestructuringCharges
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90378"
      unitRef="Unit_USD">142000000</bud:ExceptionalRestructuringCharges>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
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      decimals="-6"
      id="ixv-90379"
      unitRef="Unit_USD">-274000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2025To12_31_2025_NewarkBreweryMemberifrsfullCounterpartiesAxis"
      decimals="-6"
      id="ixv-90380"
      unitRef="Unit_USD">-214000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2025To12_31_2025_BarbadosAndOtherCaribbeanIslandsMemberifrsfullCounterpartiesAxis"
      decimals="-6"
      id="ixv-90381"
      unitRef="Unit_USD">-60000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90382"
      unitRef="Unit_USD">181000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2024To12_31_2024_GhostBeveragesLlcMemberifrsfullCounterpartiesAxis"
      decimals="-6"
      id="ixv-90383"
      unitRef="Unit_USD">437000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90384"
      unitRef="Unit_USD">-397000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2023To12_31_2023_TilrayBrandsIncMemberifrsfullCounterpartiesAxis"
      decimals="-6"
      id="ixv-90385"
      unitRef="Unit_USD">-300000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:ExceptionalClaimsAndLegalCosts
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      decimals="-6"
      id="ixv-90386"
      unitRef="Unit_USD">53000000</bud:ExceptionalClaimsAndLegalCosts>
    <bud:ExceptionalCustomsAuditClaim
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      decimals="-6"
      id="ixv-90387"
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    <bud:DisclosureOfPayrollAndRelatedBenefitsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-37036"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9.&#x2007;Payroll and related benefits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Wages and salaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 393)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 285)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Social security contributions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(797)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(770)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(804)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other personnel cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(702)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(683)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(689)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share-based payment expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(625)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(644)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(570)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pension expense for defined contribution plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(183)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pension expense for defined benefit plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Payroll and related benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 835)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 715)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 544)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The number of full-time equivalents can be split as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
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&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev NV/SA (parent company)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;229&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;136 587&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143 656&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;154 304&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total number of FTE&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;136 805&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;143 885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;154 540&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfPayrollAndRelatedBenefitsExplanatory>
    <bud:DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-37041"> &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Wages and salaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 393)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 285)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Social security contributions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(797)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(770)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(804)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other personnel cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(702)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(683)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(689)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share-based payment expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(625)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(644)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(570)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pension expense for defined contribution plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(183)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pension expense for defined benefit plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Payroll and related benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 835)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 715)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 544)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfPayrollAndRelatedEmployeeBenefitsExplanatory>
    <ifrs-full:WagesAndSalaries
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90407"
      unitRef="Unit_USD">5393000000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90408"
      unitRef="Unit_USD">5285000000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90409"
      unitRef="Unit_USD">5164000000</ifrs-full:WagesAndSalaries>
    <ifrs-full:SocialSecurityContributions
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90410"
      unitRef="Unit_USD">797000000</ifrs-full:SocialSecurityContributions>
    <ifrs-full:SocialSecurityContributions
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90411"
      unitRef="Unit_USD">770000000</ifrs-full:SocialSecurityContributions>
    <ifrs-full:SocialSecurityContributions
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90412"
      unitRef="Unit_USD">804000000</ifrs-full:SocialSecurityContributions>
    <ifrs-full:OtherEmployeeExpense
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90413"
      unitRef="Unit_USD">702000000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:OtherEmployeeExpense
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90414"
      unitRef="Unit_USD">683000000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:OtherEmployeeExpense
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90415"
      unitRef="Unit_USD">689000000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90416"
      unitRef="Unit_USD">625000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90417"
      unitRef="Unit_USD">644000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90418"
      unitRef="Unit_USD">570000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90419"
      unitRef="Unit_USD">178000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90420"
      unitRef="Unit_USD">183000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90421"
      unitRef="Unit_USD">150000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90422"
      unitRef="Unit_USD">139000000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90423"
      unitRef="Unit_USD">150000000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90424"
      unitRef="Unit_USD">166000000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90425"
      unitRef="Unit_USD">7835000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90426"
      unitRef="Unit_USD">7715000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_PayrollAndRelatedBenefitsMemberifrsfullNetDefinedBenefitLiabilityAssetAxis"
      decimals="-6"
      id="ixv-90427"
      unitRef="Unit_USD">7544000000</ifrs-full:EmployeeBenefitsExpense>
    <bud:DisclosureOfNumberOfEmployeesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-37287"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The number of full-time equivalents can be split as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td colspan="12" style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0em; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev NV/SA (parent company)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;229&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;136 587&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143 656&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;154 304&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total number of FTE&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;136 805&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;143 885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;154 540&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfNumberOfEmployeesExplanatory>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90428"
      unitRef="Unit_Employees">218</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2024_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90429"
      unitRef="Unit_Employees">229</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2023_ParentMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90430"
      unitRef="Unit_Employees">236</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2025_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90431"
      unitRef="Unit_Employees">136587</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2024_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90432"
      unitRef="Unit_Employees">143656</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2023_OtherSubsidiariesMemberifrsfullSignificantInvestmentsInSubsidiariesAxis"
      decimals="INF"
      id="ixv-90433"
      unitRef="Unit_Employees">154304</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2025"
      decimals="INF"
      id="ixv-90434"
      unitRef="Unit_Employees">136805</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2024"
      decimals="INF"
      id="ixv-90435"
      unitRef="Unit_Employees">143885</ifrs-full:NumberOfEmployees>
    <ifrs-full:NumberOfEmployees
      contextRef="PAsOn12_31_2023"
      decimals="INF"
      id="ixv-90436"
      unitRef="Unit_Employees">154540</ifrs-full:NumberOfEmployees>
    <bud:DisclosureOfOperatingExpenseByNatureExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-37435"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10. Additional information on operating expenses by nature &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment charges are included in the following line items of the consolidated income statement: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 949)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(121)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(333)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(256)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(480)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(266)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(288)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(424)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(114)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(267)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 882)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 029)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(740)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2024&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 105)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(82)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(32)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(135)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(336)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(271)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(379)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(276)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(315)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(421)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(49)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 875)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(893)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(776)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 095)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(75)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(33)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(351)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(291)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(260)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(318)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(401)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(137)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 843)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(774)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(795)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfOperatingExpenseByNatureExplanatory>
    <bud:DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-37440"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment charges are included in the following line items of the consolidated income statement: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 949)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(121)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(333)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(256)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(480)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(266)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(288)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(424)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(114)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(267)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 882)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 029)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(740)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2024&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 105)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(82)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(32)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(135)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(336)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(271)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(379)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(276)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(315)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(421)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(49)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 875)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(893)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(776)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December 2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization&#160;and&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; property, plant&lt;br/&gt; and equipment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;impairment of&lt;br/&gt; intangible&#160;assets&lt;br/&gt; and goodwill&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation&#160;and&lt;br/&gt; impairment&#160;of&#160;right-&lt;br/&gt; of-use assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td colspan="12" style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 095)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(75)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(33)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(351)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(291)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(260)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(318)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(401)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(137)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation, amortization and impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 843)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(774)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(795)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfDepreciationAmortizationAndImpairmentLossesExplanatory>
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      unitRef="Unit_USD">-256000000</bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment>
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      unitRef="Unit_USD">-288000000</bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment>
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      unitRef="Unit_USD">-424000000</bud:AmortisationAndImpairmentOfIntangibleAssets>
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      unitRef="Unit_USD">-114000000</bud:DepreciationAndImpairmentOfRightofuseAsset>
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      id="ixv-90449"
      unitRef="Unit_USD">0</bud:DepreciationAndImpairmentOfPropertyPlantAndEquipment>
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      contextRef="P01_01_2025To12_31_2025_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis"
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      id="ixv-90450"
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      contextRef="P01_01_2025To12_31_2025_OtherOperatingExpensesMemberBUDExpenseCategoriesAxis"
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    <ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-38272"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11. Finance expense and income &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;tr&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 194)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 437)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 696)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;511&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;591&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;565&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest income on Brazilian tax credits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;142&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;168&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net interest income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 566)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 704)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 963)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Accretion expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(747)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(722)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(808)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest on pensions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(89)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(90)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Accretion expense and interest on pensions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(821)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(811)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(898)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net foreign exchange gains/(losses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(386)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(147)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(353)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net gains/(losses) on hedging instruments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(310)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(312)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(613)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Bank fees, taxes and other financial expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(221)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(392)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(231)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other financial income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other financial results&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(893)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(843)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 172)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance income/(expense) excluding exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 280)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 033)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Exceptional finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(185)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(995)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 465)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 353)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 102)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2025, accretion expense included the unwind of discount on payables of 423m US dollar (2024: 441m US dollar; 2023: 480m US dollar), interest on lease liabilities of 144m US dollar (2024: 142m US dollar; 2023: 156m US dollar), bond fees and interest on provisions of 152m US dollar (2024: 116m US dollar; 2023: 116m US dollar), and deferred consideration on acquisitions of 29m US dollar (2024: 23m US dollar; 2023: 54m US dollar).&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Interest expense is presented net of the impact of interest rate derivatives used to hedge AB InBev&#x2019;s interest rate risk. Information on these instruments, as well as on net foreign exchange gains/(losses) and net gains/(losses) on hedging instruments, can be found in Note 27&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Risks arising from financial instruments&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional finance income/(expense) included: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(213)m US dollar loss resulting from mark-to-market adjustments on derivative instruments related to the hedging of share-based payment programs and on derivative instruments entered into to hedge the shares issued in relation to the combinations with Grupo Modelo and SAB (2024: (1 211)m US dollar loss; 2023: (325)m US dollar loss); &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;28m US dollar gain related to the completion of tender offers of notes issued by the company and certain of its subsidiaries (2024: 263m US dollar gain; 2023: 239m US dollar gain); and &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 3%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(66)m US dollar loss resulting from the impairment of financial investments and 18m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions, in 2024 (2023: 17m US dollar gain related to the remeasurement of deferred considerations on prior year acquisitions). &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income arises from the following financial assets: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;463&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;559&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;537&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investments in debt securities held for trading&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other loans and receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;511&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;591&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;565&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income on other loans and receivables includes interest accrued on cash deposits held as guarantees for certain legal proceedings pending resolution. No interest income was recognized on impaired financial assets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;</ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory>
    <bud:DisclosureOfFinanceCostAndIncomeIncludedInIncomeStatementExplanatoryTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-38277">&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2024&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2023&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 194)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 437)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 696)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;511&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;591&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;565&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest income on Brazilian tax credits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;142&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;168&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net interest income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 566)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 704)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 963)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Accretion expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(747)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(722)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(808)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest on pensions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(89)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(90)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Accretion expense and interest on pensions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(821)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(811)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(898)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net foreign exchange gains/(losses)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(386)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(147)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(353)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net gains/(losses) on hedging instruments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(310)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(312)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(613)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Bank fees, taxes and other financial expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(221)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(392)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(231)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other financial income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other financial results&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(893)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(843)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 172)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance income/(expense) excluding exceptional items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 280)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 033)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Exceptional finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(185)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(995)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance income/(expense)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 465)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 353)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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      decimals="-6"
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      decimals="-6"
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      decimals="-6"
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      unitRef="Unit_USD">-2704000000</bud:Ifrsfullinterestrevenueexpense>
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      id="ixv-90512"
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      decimals="-6"
      id="Fact_155771769"
      unitRef="Unit_USD">-90000000</bud:Budinterestonpensions>
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      decimals="-6"
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      decimals="-6"
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      decimals="-6"
      id="Fact_155771766"
      unitRef="Unit_USD">-898000000</bud:Budaccretionexpenseandinterestonpensions>
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      decimals="-6"
      id="ixv-90521"
      unitRef="Unit_USD">-386000000</bud:Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss>
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      decimals="-6"
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    <bud:Ifrsfullgainslossesonexchangedifferencesontranslationrecognisedinprofitorloss
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      decimals="-6"
      id="Fact_155771250"
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      decimals="-6"
      id="ixv-90524"
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      decimals="-6"
      id="Fact_155771248"
      unitRef="Unit_USD">-312000000</bud:Budlossesonhedginginstruments>
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      decimals="-6"
      id="ixv-90527"
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      decimals="-6"
      id="Fact_155771245"
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      decimals="-6"
      id="Fact_155771244"
      unitRef="Unit_USD">-231000000</bud:Ifrsfullotherfinancecost>
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      decimals="-6"
      id="ixv-90530"
      unitRef="Unit_USD">25000000</bud:Ifrsfullotherfinanceincome>
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      decimals="-6"
      id="Fact_155771242"
      unitRef="Unit_USD">8000000</bud:Ifrsfullotherfinanceincome>
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      decimals="-6"
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      decimals="-6"
      id="ixv-90533"
      unitRef="Unit_USD">-893000000</bud:Budotherfinancialresultincomeexpenses>
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      decimals="-6"
      id="Fact_155771239"
      unitRef="Unit_USD">-843000000</bud:Budotherfinancialresultincomeexpenses>
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      decimals="-6"
      id="Fact_155770790"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90536"
      unitRef="Unit_USD">-4280000000</bud:Budfinanceincomeexpensesexcludingexceptionalitems>
    <bud:Budfinanceincomeexpensesexcludingexceptionalitems
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="Fact_155770792"
      unitRef="Unit_USD">-4358000000</bud:Budfinanceincomeexpensesexcludingexceptionalitems>
    <bud:Budfinanceincomeexpensesexcludingexceptionalitems
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90539"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
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    <bud:Ifrsfullfinanceincomecost
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
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    <bud:Ifrsfullfinanceincomecost
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
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      contextRef="P01_01_2024To12_31_2024"
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      contextRef="P01_01_2023To12_31_2023"
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&lt;tr&gt;
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&lt;td&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;463&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;559&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;537&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investments in debt securities held for trading&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other loans and receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;511&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;591&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;565&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfInterestIncomeExplanatory>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90566"
      unitRef="Unit_USD">463000000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90567"
      unitRef="Unit_USD">559000000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90568"
      unitRef="Unit_USD">537000000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnDebtInstrumentsHeld
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90569"
      unitRef="Unit_USD">38000000</ifrs-full:InterestIncomeOnDebtInstrumentsHeld>
    <ifrs-full:InterestIncomeOnDebtInstrumentsHeld
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90570"
      unitRef="Unit_USD">23000000</ifrs-full:InterestIncomeOnDebtInstrumentsHeld>
    <ifrs-full:InterestIncomeOnDebtInstrumentsHeld
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90571"
      unitRef="Unit_USD">10000000</ifrs-full:InterestIncomeOnDebtInstrumentsHeld>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90572"
      unitRef="Unit_USD">10000000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90573"
      unitRef="Unit_USD">9000000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90574"
      unitRef="Unit_USD">19000000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:RevenueFromInterest
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90575"
      unitRef="Unit_USD">511000000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90576"
      unitRef="Unit_USD">591000000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90577"
      unitRef="Unit_USD">565000000</ifrs-full:RevenueFromInterest>
    <ifrs-full:DisclosureOfIncomeTaxExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-39121"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12. Income taxes &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income taxes recognized in the income statement can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 91%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 349&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 252&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 828&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Underprovided)/overprovided in prior years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;78&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(211&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 271&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 463&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 923&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Origination and reversal of temporary differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;614&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;482&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(193&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(171&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred tax (expense)/income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;420&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;311&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;689&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total income tax expense in the income statement&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 850&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 152&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 234&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) before tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 328&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 568&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 124&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deduct share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;378&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;295&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deduct exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit before tax and before share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 941&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 134&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 864&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjustments to the tax basis&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government incentives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(149)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(376)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(756)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-deductible/(non-taxable) mark-to-market on derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;213&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 211&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;325&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other expenses not deductible for tax purposes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 263&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 666&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 521&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other non-taxable income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(733)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(560)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(647)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjusted tax basis&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 534&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 074&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 306&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aggregate weighted nominal tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26.9%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26.4%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;br/&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax at aggregated nominal tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjustments on tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Underprovided)/overprovided in prior years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;78&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(211)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(95)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deductions from interest on equity&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;252&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;781&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deductions from goodwill and other tax deductions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;642&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;723&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;466&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Withholding taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(497)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(559)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other tax adjustments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(49)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(62)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(105)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 850)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 152)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 234)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effective tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26.1%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31.1%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25.2%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total income tax expense for 2025 amounted to (2 850)m US dollar compared to (3 152)m US dollar for 2024, and (2 234)m US dollar for 2023. The effective tax rate was 26.1% for 2025 compared to 31.1% for 2024 and 25.2% for 2023.&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The 2023, 2024 and 2025 effective tax rates were negatively impacted by non-deductible losses from derivatives related to hedging of share-based payment programs and hedging of the shares issued in a transaction related to the combination with Grupo Modelo and SAB. Furthermore, the 2025 effective tax rate included 156m US dollar of exceptional tax income, mainly reflecting 66m US dollar exceptional tax income resulting from the renegotiation of the terms of the 2017 Brazilian Federal Tax Regularization Program and the tax income on exceptional items. In comparison, the 2024 effective tax rate included (205)m US dollar exceptional tax expense, reflecting mainly the net impact of a (240)m US dollar (4.5 billion South African rand) resolution of South African tax matters, the income tax on exceptional items and the release of tax provisions (refer to Note 8&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Exceptional items&lt;/div&gt;&lt;/div&gt;). &lt;/div&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effective 1&#160;January 2024, the company and its subsidiaries are within the scope of the OECD Pillar Two model rules either based on the adoption of Pillar Two legislation by Belgium, the jurisdiction in which the parent entity is incorporated, or by other jurisdictions where the company operates. The company assessed the impact for 2024 and 2025 and concluded the impact to be not material. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company benefits from tax exempted income and tax credits which are expected to continue in the future. The company does not have significant benefits coming from low tax rates in any particular jurisdiction. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income taxes were directly recognized in other comprehensive income as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(48)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences, cash flow and net investment hedges&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax (losses)/gains&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(54)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</ifrs-full:DisclosureOfIncomeTaxExplanatory>
    <bud:DisclosureOfCurrentAndDeferredTaxChargeExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-39126"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income taxes recognized in the income statement can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 91%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 349&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 252&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 828&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Underprovided)/overprovided in prior years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Origination and reversal of temporary differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;614&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;482&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(171&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;311&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total income tax expense in the income statement&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 850&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 152&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 234&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfCurrentAndDeferredTaxChargeExplanatory>
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      decimals="-6"
      id="ixv-90578"
      unitRef="Unit_USD">3349000000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90579"
      unitRef="Unit_USD">3252000000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90580"
      unitRef="Unit_USD">2828000000</ifrs-full:CurrentTaxExpenseIncome>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90581"
      unitRef="Unit_USD">-78000000</ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod>
    <ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90582"
      unitRef="Unit_USD">211000000</ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod>
    <ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90583"
      unitRef="Unit_USD">95000000</ifrs-full:AdjustmentsForCurrentTaxOfPriorPeriod>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90584"
      unitRef="Unit_USD">3271000000</ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90585"
      unitRef="Unit_USD">3463000000</ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods>
    <ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90586"
      unitRef="Unit_USD">2923000000</ifrs-full:CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90587"
      unitRef="Unit_USD">-614000000</ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences>
    <ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90588"
      unitRef="Unit_USD">-482000000</ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences>
    <ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90589"
      unitRef="Unit_USD">-855000000</ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90590"
      unitRef="Unit_USD">193000000</ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90591"
      unitRef="Unit_USD">171000000</ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset>
    <ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90592"
      unitRef="Unit_USD">166000000</ifrs-full:DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90593"
      unitRef="Unit_USD">-420000000</bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90594"
      unitRef="Unit_USD">-311000000</bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods>
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      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90595"
      unitRef="Unit_USD">-689000000</bud:DeferredTaxExpenseIncomeAndAdjustmentsForDeferredTaxOfPriorPeriods>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90596"
      unitRef="Unit_USD">2850000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90597"
      unitRef="Unit_USD">3152000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90598"
      unitRef="Unit_USD">2234000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <bud:DisclosureOfReconciliationOfEffectiveTaxRateWithAggregatedWeightedNominalTaxRateExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-39444">&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The reconciliation of the effective tax rate with the aggregated weighted nominal tax rate can be summarized as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) before tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 328&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 568&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 124&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deduct share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;378&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;295&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deduct exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(35)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit before tax and before share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 941&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 134&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 864&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjustments to the tax basis&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government incentives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(149)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(376)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(756)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-deductible/(non-taxable) mark-to-market on derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;213&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 211&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;325&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other expenses not deductible for tax purposes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 263&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 666&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 521&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other non-taxable income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(733)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(560)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(647)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjusted tax basis&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 534&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 074&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 306&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aggregate weighted nominal tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26.9%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26.4%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;br/&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax at aggregated nominal tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 098)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 183)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 558)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;br/&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Adjustments on tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognition/(de-recognition) of deferred tax assets on tax losses (carried forward)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(193)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(171)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Underprovided)/overprovided in prior years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;78&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(211)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(95)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deductions from interest on equity&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;252&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;781&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deductions from goodwill and other tax deductions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;642&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;723&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;466&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in tax rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Withholding taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(497)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(559)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other tax adjustments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(49)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(62)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(105)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 850)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 152)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90652"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90653"
      unitRef="Unit_USD">2850000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90654"
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      contextRef="P01_01_2023To12_31_2023"
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      id="ixv-90655"
      unitRef="Unit_USD">2234000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="3"
      id="ixv-90656"
      unitRef="Unit_pure">0.261</ifrs-full:AverageEffectiveTaxRate>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="3"
      id="ixv-90657"
      unitRef="Unit_pure">0.311</ifrs-full:AverageEffectiveTaxRate>
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      contextRef="P01_01_2023To12_31_2023"
      decimals="3"
      id="ixv-90658"
      unitRef="Unit_pure">0.252</ifrs-full:AverageEffectiveTaxRate>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90659"
      unitRef="Unit_USD">2850000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90660"
      unitRef="Unit_USD">3152000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
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      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90661"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="3"
      id="ixv-90662"
      unitRef="Unit_pure">0.261</bud:IncreaseDecreaseInEffectiveTaxRate>
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      decimals="3"
      id="ixv-90663"
      unitRef="Unit_pure">0.311</bud:IncreaseDecreaseInEffectiveTaxRate>
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      decimals="3"
      id="ixv-90664"
      unitRef="Unit_pure">0.252</bud:IncreaseDecreaseInEffectiveTaxRate>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90665"
      unitRef="Unit_USD">156000000</bud:Exceptionaltaxincome>
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      contextRef="P01_01_2025To12_31_2025_BrazilianfederaltaxmattarsMemberifrsfullClassesOfContingentLiabilitiesAxis"
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      unitRef="Unit_USD">66000000</bud:Exceptionaltaxincome>
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      id="ixv-90667"
      unitRef="Unit_USD">-205000000</bud:ExceptionalTaxExpenses>
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      contextRef="P01_01_2025To12_31_2025_SouthAfricaTaxMattersMemberifrsfullClassesOfContingentLiabilitiesAxis"
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      id="ixv-90668"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-8"
      id="ixv-90669"
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    <bud:DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-40283"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income taxes were directly recognized in other comprehensive income as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(48)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences, cash flow and net investment hedges&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax (losses)/gains&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(54)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</bud:DisclosureOfDetailInformationAboutOfIncomeTaxRecognizedInOtherComprehensiveIncomeExplanatory>
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    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-40438">&lt;div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13. Property, plant and equipment &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment comprises owned and leased assets, as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment owned&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 368&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 295&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment leased (right-of-use assets)&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 297&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 209&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total property, plant and equipment&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 664&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 503&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 90%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&lt;br/&gt; buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Plant and&lt;br/&gt; equipment,&lt;br/&gt; fixtures&#160;and&lt;br/&gt; fittings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Under&lt;br/&gt; construction&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 325&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 056&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 166&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;51 547&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;54 522&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;808&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 669&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions through business combinations&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through the sale of subsidiaries&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer (to)/from other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;331&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 452&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 085)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 698&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;724&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 229&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;42 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;56 987&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;51 547&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation and impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(25 235)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 252)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 430)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 765)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 082)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 367&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(385)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 944)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 329)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 518)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;243&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 572&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 121&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through the sale of subsidiaries&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(66)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(390)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(456)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(247)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer to/(from) other asset categories and other movements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(204)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 090)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(550)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 743)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(29 876)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(35 619)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 252)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 307&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 821&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 166&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 295&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 295&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 486&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 871&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 368&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025 and 2024 there were no significant restrictions on title on property, plant and equipment. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contractual commitments to purchase property, plant and equipment amounted to 171m US dollar as of 31&#160;December 2025 compared to 257m US dollar as of 31&#160;December 2024.&lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s net capital expenditures in the statement of cash flow amounted to 3 552m US dollar in 2025 compared to 3 735m US dollar in 2024. Out of the total 2025 capital expenditures approximately 26% was used to improve the company&#x2019;s production facilities while 50% was used for logistics and commercial investments and 24% for the purchase of hardware and software and improving administrative capabilities. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment leased by the company (right-of-use assets) is detailed as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&#160;buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Machinery,&lt;br/&gt; &#x2003;equipment&#160;and&lt;br/&gt; other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying amount at 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 505&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;795&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 298&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation for the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(425)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(318)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(742)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31 December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&#160;buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Machinery,&lt;br/&gt; &#x2003;equipment&#160;and&lt;br/&gt; other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying amount at 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 443&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;766&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 209&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation for the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(433)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(349)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(782)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Additions to right-of-use assets in the year ended 31&#160;December 2025 were 588m US dollar (31 December 2024: 546m US dollar). &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Following the sale of Dutch and Belgian pub real estate to Cofinimmo in October 2007, AB InBev entered into lease agreements with a term of 27 years. Furthermore, the company leases a number of warehouses, trucks, factory facilities and other commercial buildings, which typically run for a period of &lt;div style="-sec-ix-hidden:hidden155774090;display:inline;"&gt;five&lt;/div&gt; to ten years. Lease payments are increased annually to reflect market rentals, if applicable. None of the leases include contingent rentals. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company leases out pub real estate for an average outstanding period of &lt;div style="-sec-ix-hidden:hidden155774482;display:inline;"&gt;6&lt;/div&gt; to 8 years and part of its own property under operating leases. In 2025, 128m US dollar was recognized as income in the income statement in respect of subleasing of right-of-use assets (2024: 124m US dollar; 2023: 120m US dollar). As of 31&#160;December 2025, the undiscounted lease payments of the non-cancelable lease payments are expected to be received as follows: 117m US dollar in the next 12 months, 329m US dollar in the years 2 through 5 and 68m US dollar after 5 years. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The expense related to short-term and low-value leases and variable lease payments that are not included in the measurement of the lease liabilities is not significant. &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories and other movements relates to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Non-current assets held for sale and discontinued operations, &lt;/div&gt;&lt;/div&gt;to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial reporting in hyperinflationary economies&lt;/div&gt;&lt;/div&gt; and to other movements. &lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <bud:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-40443"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment comprises owned and leased assets, as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment owned&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 368&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 295&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment leased (right-of-use assets)&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 297&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 209&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total property, plant and equipment&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 664&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 503&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</bud:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentOwnedAndLeasedAssetsExplanatoryTableTextBlock>
    <ifrs-full:PropertyPlantAndEquipment
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      id="ixv-90679"
      unitRef="Unit_USD">21368000000</ifrs-full:PropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90680"
      unitRef="Unit_USD">21295000000</ifrs-full:PropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentLeasedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90681"
      unitRef="Unit_USD">2297000000</ifrs-full:PropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentLeasedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90682"
      unitRef="Unit_USD">2209000000</ifrs-full:PropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2025"
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      id="ixv-90683"
      unitRef="Unit_USD">23664000000</ifrs-full:PropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2024"
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      id="ixv-90684"
      unitRef="Unit_USD">23503000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-40562">&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 90%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&lt;br/&gt; buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Plant and&lt;br/&gt; equipment,&lt;br/&gt; fixtures&#160;and&lt;br/&gt; fittings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Under&lt;br/&gt; construction&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 325&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 056&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 166&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;51 547&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;54 522&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;808&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 669&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 424)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;878&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 833&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 744&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 989&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions through business combinations&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(258)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 385)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 644)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 271)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through the sale of subsidiaries&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer (to)/from other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;331&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 452&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 085)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 698&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;724&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 229&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;42 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;56 987&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;51 547&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Depreciation and impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 018)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(25 235)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 252)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 430)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 765)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 082)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 367&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(385)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 944)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 329)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 518)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;243&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 572&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 121&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through the sale of subsidiaries&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(66)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(390)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(456)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(247)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer to/(from) other asset categories and other movements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(204)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 090)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(550)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 307&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 821&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 166&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 295&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 295&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 486&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 871&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 011&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 368&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories and other movements relates to transfers from assets under construction to their respective asset categories, to contributions of assets to pension plans, to the separate presentation in the statement of financial position of property, plant and equipment held for sale in accordance with IFRS 5 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Non-current assets held for sale and discontinued operations, &lt;/div&gt;&lt;/div&gt;to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial reporting in hyperinflationary economies&lt;/div&gt;&lt;/div&gt; and to other movements. &lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;</ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90685"
      unitRef="Unit_USD">12325000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90686"
      unitRef="Unit_USD">38056000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90687"
      unitRef="Unit_USD">1166000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-90688"
      unitRef="Unit_USD">51547000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2023_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-90689"
      unitRef="Unit_USD">54522000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment
      contextRef="P01_01_2025To12_31_2025_AcquisitionCostMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90690"
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      contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90748"
      unitRef="Unit_USD">-5743000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90749"
      unitRef="Unit_USD">-29876000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90750"
      unitRef="Unit_USD">-35619000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_AccumulatedDepreciationAmortisationAndImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90751"
      unitRef="Unit_USD">-30252000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90752"
      unitRef="Unit_USD">7307000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90753"
      unitRef="Unit_USD">12821000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90754"
      unitRef="Unit_USD">1166000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
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      id="ixv-90755"
      unitRef="Unit_USD">21295000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90756"
      unitRef="Unit_USD">21295000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90757"
      unitRef="Unit_USD">7486000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_PlantAndEquipmentFixturesAndFittingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90758"
      unitRef="Unit_USD">12871000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_ConstructionInProgressMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90759"
      unitRef="Unit_USD">1011000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025_PropertyPlantAndEquipmentOwnedMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90760"
      unitRef="Unit_USD">21368000000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:AssetsToWhichSignificantRestrictionsApply
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-90761"
      unitRef="Unit_USD">0</ifrs-full:AssetsToWhichSignificantRestrictionsApply>
    <ifrs-full:AssetsToWhichSignificantRestrictionsApply
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-90762"
      unitRef="Unit_USD">0</ifrs-full:AssetsToWhichSignificantRestrictionsApply>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-90763"
      unitRef="Unit_USD">171000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
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      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-90764"
      unitRef="Unit_USD">257000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90765"
      unitRef="Unit_USD">3552000000</bud:CapitalExpendituresPropertyPlantAndEquipment>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90766"
      unitRef="Unit_USD">3735000000</bud:CapitalExpendituresPropertyPlantAndEquipment>
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      contextRef="P01_01_2025To12_31_2025_ProductionFacilitiesMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="2"
      id="ixv-90767"
      unitRef="Unit_pure">0.26</bud:PercentageOfImproveTheProductionFacilities>
    <bud:PercentageOfImproveTheProductionFacilities
      contextRef="P01_01_2025To12_31_2025_LogisticsAndCommercialInvestmentsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="2"
      id="ixv-90768"
      unitRef="Unit_pure">0.50</bud:PercentageOfImproveTheProductionFacilities>
    <bud:PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware
      contextRef="P01_01_2025To12_31_2025_AdministrativeCapabilitiesAndPurchaseOfHardwareAndSoftwareMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="2"
      id="ixv-90769"
      unitRef="Unit_pure">0.24</bud:PercentageOfImprovingAdministrativeCapabilitiesAndForThePurchaseOfHardwareAndSoftware>
    <bud:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-41670"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment leased by the company (right-of-use assets) is detailed as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&#160;buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Machinery,&lt;br/&gt; &#x2003;equipment&#160;and&lt;br/&gt; other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying amount at 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 505&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;795&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 298&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation for the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(425)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(318)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(742)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31 December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Land&#160;and&#160;buildings&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Machinery,&lt;br/&gt; &#x2003;equipment&#160;and&lt;br/&gt; other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying amount at 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 443&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;766&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 209&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Depreciation for the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(433)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(349)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(782)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentLeasedExplanatoryTableTextBlock>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90770"
      unitRef="Unit_USD">1505000000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2025_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90771"
      unitRef="Unit_USD">795000000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-90772"
      unitRef="Unit_USD">2298000000</ifrs-full:RightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2025To12_31_2025_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90773"
      unitRef="Unit_USD">425000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2025To12_31_2025_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90774"
      unitRef="Unit_USD">318000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90775"
      unitRef="Unit_USD">742000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90776"
      unitRef="Unit_USD">1443000000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2024_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90777"
      unitRef="Unit_USD">766000000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-90778"
      unitRef="Unit_USD">2209000000</ifrs-full:RightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2024To12_31_2024_LandAndBuildingsMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90779"
      unitRef="Unit_USD">433000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2024To12_31_2024_MachineryEquipmentAndOtherMemberifrsfullClassesOfPropertyPlantAndEquipmentAxis"
      decimals="-6"
      id="ixv-90780"
      unitRef="Unit_USD">349000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90781"
      unitRef="Unit_USD">782000000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90783"
      unitRef="Unit_USD">588000000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90784"
      unitRef="Unit_USD">546000000</ifrs-full:AdditionsToRightofuseAssets>
    <bud:OperatingLeaseContractMaturityTerm contextRef="P01_01_2025To12_31_2025" id="ixv-90785">27 years</bud:OperatingLeaseContractMaturityTerm>
    <bud:OperatingLeaseInitialPeriod
      contextRef="P01_01_2025To12_31_2025_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMemberifrsfullPropertyPlantAndEquipmentByOperatingLeaseStatusAxis_TopOfRangeMemberifrsfullRangeAxis"
      id="ixv-90786">ten years</bud:OperatingLeaseInitialPeriod>
    <bud:SubleaseExpirationPeriod
      contextRef="P01_01_2025To12_31_2025_DutchAndBelgianPubRealEstateMemberBUDArrangementsInvolvingAboutLegalFormOfLeaseAxis_TopOfRangeMemberifrsfullRangeAxis"
      id="ixv-90787">8 years</bud:SubleaseExpirationPeriod>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-90788"
      unitRef="Unit_USD">128000000</ifrs-full:IncomeFromSubleasingRightofuseAssets>
    <ifrs-full:IncomeFromSubleasingRightofuseAssets
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-90789"
      unitRef="Unit_USD">124000000</ifrs-full:IncomeFromSubleasingRightofuseAssets>
    <ifrs-full:IncomeFromSubleasingRightofuseAssets
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-90790"
      unitRef="Unit_USD">120000000</ifrs-full:IncomeFromSubleasingRightofuseAssets>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-90791"
      unitRef="Unit_USD">117000000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="PAsOn12_31_2024_LaterThanTwoYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-90792"
      unitRef="Unit_USD">329000000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived
      contextRef="PAsOn12_31_2023_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-90793"
      unitRef="Unit_USD">68000000</ifrs-full:UndiscountedOperatingLeasePaymentsToBeReceived>
    <ifrs-full:DisclosureOfGoodwillExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-41942"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14. Goodwill &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 96%;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;112 637&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;119 302&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 634&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7 082)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers (to)/from other assets categories&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hyperinflation monetary adjustments&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;169&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;425&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120 276&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;112 637&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 158)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 259)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(209)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;101&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 368)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;110 479&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The carrying amount of goodwill was allocated to the different cash-generating units as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:96%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1px; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;United States&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33 387&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of North America&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 959&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 864&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Mexico&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 819&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Colombia&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 277&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 821&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Middle Americas&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 465&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 205&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Brazil&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 953&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of South America&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 345&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Europe&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 859&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 557&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;South Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 796&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 584&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 626&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 547&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;China&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 073&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 948&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Asia Pacific&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 057&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 998&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Global Export and Holding Companies&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total carrying amount of goodwill&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;117 908&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;110 479&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;Goodwill, which accounted for approximately 54% of AB InBev total assets as of 31&#160;December 2025, is tested for impairment at the cash-generating unit level (that is one level below the operating segments). The cash-generating unit level is the lowest level at which goodwill is monitored for internal management purposes. Except in cases where the initial allocation of goodwill has not been concluded by the end of the initial reporting period following the business combination, goodwill is allocated as from the acquisition date to each of AB InBev&#x2019;s cash-generating units that are expected to benefit from the synergies of the combination whenever a business combination occurs. &lt;/div&gt; &lt;div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025 impairment testing &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;AB InBev completed its annual impairment test for goodwill at cash-generating unit level and concluded that, based on the assumptions described below, no impairment charge was warranted. &lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;The company cannot predict whether an event that triggers impairment will occur, when it will occur or how it will affect the value of the asset reported. Goodwill impairment testing relies on a number of critical judgments, estimates and assumptions. AB InBev believes that all of its estimates are reasonable: they are consistent with the company&#x2019;s internal reporting and reflect management&#x2019;s best estimates. However, inherent uncertainties exist, that management may not be able to control. If the company&#x2019;s current assumptions and estimates, including projected revenues growth rates, competitive and consumer trends, weighted average cost of capital, terminal growth rates, and other market factors, are not met, or if valuation factors outside of the company&#x2019;s control change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. &lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:justify"&gt;The company&#x2019;s impairment testing methodology is in accordance with IAS 36 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Impairment of Assets&lt;/div&gt;&lt;/div&gt;, in which fair-value-less-cost-to-sell and value in use approaches are taken into account. This consists in applying a discounted cash flow approach based on acquisition valuation models for the cash-generating units showing an invested capital to Normalized EBITDA multiple above 9x and valuation multiples for the other cash-generating units. The discounted cash flow approach was applied for the Colombia, South Africa, Rest of Asia Pacific and the United States cash-generating units. &lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;font-weight:bold;text-align:justify"&gt;Key assumptions &lt;/div&gt; &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"&gt;The key judgments, estimates and assumptions used in the discounted cash flow calculations were generally as follows: &lt;/div&gt; &lt;div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:9pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:3%"&gt;&#160;&lt;/td&gt;
&lt;td style="width:2%;vertical-align:top;text-align:left"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width:1%;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;"&gt;Cash flows are based on AB InBev&#x2019;s 10-year plan as approved by key management. The plan is prepared per cash-generating unit and is based on external sources in respect of macro-economic assumptions, industry, inflation and foreign exchange rates, past experience and identified initiatives in terms of market share, revenue, variable and fixed cost, capital expenditure and working capital assumptions; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:9pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:3%"&gt;&#160;&lt;/td&gt;
&lt;td style="width:2%;vertical-align:top;text-align:left"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width:1%;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;"&gt;In order to calculate the terminal value, the company extrapolated the cash flows after the first 10-year period using expected annual long-term GDP growth rates based on external sources, or applied a market multiple after the first 5 years of the plan set at 10.8x. The company considered sensitivities on these metrics and corroborated the calculations by market multiples; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:9pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:3%"&gt;&#160;&lt;/td&gt;
&lt;td style="width:2%;vertical-align:top;text-align:left"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width:1%;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;"&gt;Projections are discounted at the unit&#x2019;s weighted average cost of capital (WACC), considering sensitivities on this metric; &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:9pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:3%"&gt;&#160;&lt;/td&gt;
&lt;td style="width:2%;vertical-align:top;text-align:left"&gt;&lt;div style="font-family: &amp;quot;Times New Roman&amp;quot;; color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width:1%;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-family: Arial; font-size: 9pt; text-align: justify; line-height: normal;"&gt;Cost to sell is assumed to reach 2% of the entity value based on historical precedents. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="margin-top:18pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"&gt;For the main cash generating units, the terminal growth rate applied generally ranged between 2% and 3%. &lt;/div&gt;  &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"&gt;The WACC applied in US dollar nominal terms were as follows: &lt;/div&gt; &lt;div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"&gt; &lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash-generating unit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Asia Pacific&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sensitivity to change in key assumptions &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During its valuation, the company ran sensitivity analysis for key assumptions including the weighted average cost of capital and the terminal growth rate. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In the sensitivity analysis performed by management during the annual impairment testing in 2025, an adverse change of 1% in WACC or terminal growth rate would not cause a cash-generating unit&#x2019;s carrying amount to exceed its recoverable amount. While a change in the estimates used could have a material impact on the calculation of the fair values and trigger an impairment charge, the company, based on the sensitivity analysis performed, is not aware of any reasonably possible change in a key assumption used that would cause a cash generating unit&#x2019;s carrying amount to exceed its recoverable amount. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Although AB InBev believes that its judgments, assumptions and estimates are appropriate, actual results may differ from these estimates under different assumptions or market or macro-economic conditions. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfGoodwillExplanatory>
    <ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-41947">&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;112 637&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;119 302&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 634&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7 082)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers (to)/from other assets categories&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hyperinflation monetary adjustments&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;169&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;425&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120 276&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;112 637&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 158)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(2 259)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(209)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;101&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 368)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of the period&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;110 479&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;</ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90794"
      unitRef="Unit_USD">112637000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2023_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90795"
      unitRef="Unit_USD">119302000000</ifrs-full:Goodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90796"
      unitRef="Unit_USD">7634000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90797"
      unitRef="Unit_USD">-7082000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
      contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="Fact_155771066"
      unitRef="Unit_USD">-164000000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill
      contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="Fact_155771065"
      unitRef="Unit_USD">-7000000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsAndGoodwill>
    <bud:HyperinflationMonetaryAdjustments
      contextRef="P01_01_2025To12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90800"
      unitRef="Unit_USD">169000000</bud:HyperinflationMonetaryAdjustments>
    <bud:HyperinflationMonetaryAdjustments
      contextRef="P01_01_2024To12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90801"
      unitRef="Unit_USD">425000000</bud:HyperinflationMonetaryAdjustments>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90802"
      unitRef="Unit_USD">120276000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90803"
      unitRef="Unit_USD">112637000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90804"
      unitRef="Unit_USD">-2158000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90805"
      unitRef="Unit_USD">-2259000000</ifrs-full:Goodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90806"
      unitRef="Unit_USD">-209000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90807"
      unitRef="Unit_USD">101000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90808"
      unitRef="Unit_USD">-2368000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-90809"
      unitRef="Unit_USD">-2158000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-90810"
      unitRef="Unit_USD">117908000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-90811"
      unitRef="Unit_USD">110479000000</ifrs-full:Goodwill>
    <bud:DisclosureOfCarryingAmountOfGoodwillExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-42278"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The carrying amount of goodwill was allocated to the different cash-generating units as follows: &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories relates mainly to the separate presentation in the statement of financial position of goodwill held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2022; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:96%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1pt"&gt;
&lt;td style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height:0.75pt"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom:1pt ;BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;white-space:nowrap;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size:1px; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;United States&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33 387&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of North America&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 959&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 864&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Mexico&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 819&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Colombia&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 277&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 821&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Middle Americas&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 465&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 205&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Brazil&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 953&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of South America&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 323&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 345&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Europe&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 859&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 557&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;South Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 796&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 584&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 626&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 547&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;China&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 073&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 948&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Rest of Asia Pacific&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 057&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 998&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Global Export and Holding Companies&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total carrying amount of goodwill&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;117 908&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;110 479&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfCarryingAmountOfGoodwillExplanatory>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90812"
      unitRef="Unit_USD">33330000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_USifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90813"
      unitRef="Unit_USD">33387000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90814"
      unitRef="Unit_USD">1959000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90815"
      unitRef="Unit_USD">1864000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90816"
      unitRef="Unit_USD">13819000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_MXifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90817"
      unitRef="Unit_USD">12250000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_COifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90818"
      unitRef="Unit_USD">16277000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_COifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90819"
      unitRef="Unit_USD">13821000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90820"
      unitRef="Unit_USD">24465000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90821"
      unitRef="Unit_USD">23205000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90822"
      unitRef="Unit_USD">3323000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_BRifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90823"
      unitRef="Unit_USD">2953000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90824"
      unitRef="Unit_USD">1323000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90825"
      unitRef="Unit_USD">1345000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_EuropeMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90826"
      unitRef="Unit_USD">2859000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_EuropeMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90827"
      unitRef="Unit_USD">2557000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_ZAifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90828"
      unitRef="Unit_USD">9796000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_ZAifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90829"
      unitRef="Unit_USD">8584000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90830"
      unitRef="Unit_USD">4626000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90831"
      unitRef="Unit_USD">4547000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_CNifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90832"
      unitRef="Unit_USD">3073000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_CNifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90833"
      unitRef="Unit_USD">2948000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90834"
      unitRef="Unit_USD">3057000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90835"
      unitRef="Unit_USD">2998000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025_OtherCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90836"
      unitRef="Unit_USD">0</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024_OtherCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90837"
      unitRef="Unit_USD">21000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-90838"
      unitRef="Unit_USD">117908000000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-90839"
      unitRef="Unit_USD">110479000000</ifrs-full:Goodwill>
    <bud:PercentageOfGoodwillToTotalAssets
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-90840"
      unitRef="Unit_pure">0.54</bud:PercentageOfGoodwillToTotalAssets>
    <bud:CostToSellExpectedToReachAsPercentageOfEntityValue
      contextRef="P01_01_2025To12_31_2025"
      decimals="2"
      id="ixv-90841"
      unitRef="Unit_pure">0.02</bud:CostToSellExpectedToReachAsPercentageOfEntityValue>
    <ifrs-full:DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections
      contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="2"
      id="ixv-90842"
      unitRef="Unit_pure">0.02</ifrs-full:DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections>
    <ifrs-full:DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections
      contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis"
      decimals="2"
      id="ixv-90843"
      unitRef="Unit_pure">0.03</ifrs-full:DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections>
    <bud:DisclosureOfWeightedAverageCostOfCapitalExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-42650"> &lt;div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:Arial"&gt;The WACC applied in US dollar nominal terms were as follows: &lt;/div&gt; &lt;div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"&gt; &lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash-generating unit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Asia Pacific&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfWeightedAverageCostOfCapitalExplanatory>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2025To12_31_2025_COifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90844"
      unitRef="Unit_pure">0.09</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2024To12_31_2024_COifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90845"
      unitRef="Unit_pure">0.10</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2025To12_31_2025_ZAifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90846"
      unitRef="Unit_pure">0.10</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2024To12_31_2024_ZAifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90847"
      unitRef="Unit_pure">0.11</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2025To12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90848"
      unitRef="Unit_pure">0.08</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2024To12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90849"
      unitRef="Unit_pure">0.08</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2025To12_31_2025_USifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90850"
      unitRef="Unit_pure">0.07</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets
      contextRef="P01_01_2024To12_31_2024_USifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-90851"
      unitRef="Unit_pure">0.07</bud:WeightedAverageCostOfCapitalOfSignificantUnobservableInputsAssets>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets
      contextRef="PAsOn12_31_2025_GoodwillMemberifrsfullClassesOfIntangibleAssetsAndGoodwillAxis_WeightedAverageCostOfCapitalMeasurementInputMemberifrsfullUnobservableInputsAxis"
      decimals="2"
      id="ixv-90852"
      unitRef="Unit_pure">0.01</ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets>
    <ifrs-full:DisclosureOfIntangibleAssetsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-42838"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15. Intangible assets &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="20" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;31&#160;December&#160;2024&#x2002;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brands&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commercial&lt;br/&gt; intangibles&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Software&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37 040&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 281&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 438&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;46 080&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 591&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;491&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 242&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 065)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions through business combinations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions and expenditures&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;563&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;641&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 217&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 069&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(19)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(367)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(395)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(794)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(473)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer (to)/from other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(67)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(83)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 569&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 595&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 179&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;104&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;47 447&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization and impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(91)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 362)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 283)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(81)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 818)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 794)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(96)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(432)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;470&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortization&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(250)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(701)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(974)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(845)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;367&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;393&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;779&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;471&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer to/(from) other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(103)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(91)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;40 034&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;40 034&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 478&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 263&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 219&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41 985&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev is the owner of some of the world&#x2019;s most valuable brands in the beer industry. As a result, brands and certain distribution rights are expected to generate positive cash flows for as long as the company owns the brands and distribution rights. Given AB InBev&#x2019;s more than 600-year history, brands and certain distribution rights have been assigned indefinite lives. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions and expenditures of commercial intangibles mainly represent supply and distribution rights, exclusive multi-year sponsorship rights and other commercial intangibles. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Intangible assets with indefinite useful lives are comprised primarily of brands and certain distribution rights that AB InBev purchased for its own products and are tested for impairment once a year or whenever a triggering event has occurred. Based on the impairment testing results, no impairment loss was allocated to intangible assets with indefinite useful lives &#x2013; refer to Note 14 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Goodwill. &lt;/div&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, the carrying amount of the intangible assets amounted to 41 985m US dollar (31 December 2024: 40 034m US dollar) of which 38 478m US dollar was assigned an indefinite useful life (31 December 2024: 36 948m US dollar) and 3 507m US dollar a finite life (31 December 2024: 3 086m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 20pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 20pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The transfer (to)/from other asset categories and other movements mainly relates to transfers from assets under construction to their respective asset categories, to the separate presentation in the statement of financial position of intangible assets held for sale in accordance with IFRS 5 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Non-current assets held for sale and discontinued operations&lt;/div&gt;&lt;/div&gt; and to the restatement of non-monetary assets under hyperinflation accounting in line with IAS 29 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Financial reporting in hyperinflationary economies&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash-generating unit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 866&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 872&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of North America&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexico&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 410&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 027&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 045&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 586&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Middle Americas&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 798&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 535&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of South America&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;797&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;806&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Europe&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;370&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 900&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 558&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;901&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;861&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;China&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;383&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Asia Pacific&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;923&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;913&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total carrying amount of intangible assets with indefinite useful lives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 478&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36 948&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2025, the company expensed 194m US dollar in research, compared to 222m US dollar in 2024, 256m US dollar in 2023. The spend focused on product innovations, market research, as well as process optimization and product &lt;div style="display:inline;"&gt;development&lt;/div&gt;.&lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfIntangibleAssetsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-42845">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="20" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;31&#160;December&#160;2024&#x2002;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brands&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commercial&lt;br/&gt; intangibles&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Software&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Acquisition cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37 040&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 281&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 438&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;46 080&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 591&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;491&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 242&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 065)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions through business combinations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Acquisitions and expenditures&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;563&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;641&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 217&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 069&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(19)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(367)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(395)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(794)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(473)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer (to)/from other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(67)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(83)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 569&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 595&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 179&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;104&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;47 447&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amortization and impairment losses&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(91)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 362)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 283)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(81)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 818)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 794)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(96)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(432)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;470&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortization&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(250)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(701)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(974)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(845)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disposals through sale and derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;367&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;393&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;779&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;471&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfer to/(from) other asset categories and other movements&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(103)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(91)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 332)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 960)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(79)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 462)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 818)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying value&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36 948&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;919&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 155&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;40 034&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;40 034&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;at 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 478&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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      contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90853"
      unitRef="Unit_USD">37040000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90854"
      unitRef="Unit_USD">2281000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90855"
      unitRef="Unit_USD">5438000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90856"
      unitRef="Unit_USD">93000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="PAsOn12_31_2024_AtCostMemberifrsfullMeasurementAxis"
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      id="ixv-90857"
      unitRef="Unit_USD">44852000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="PAsOn12_31_2023_AtCostMemberifrsfullMeasurementAxis"
      decimals="-6"
      id="ixv-90858"
      unitRef="Unit_USD">46080000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90859"
      unitRef="Unit_USD">1591000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90860"
      unitRef="Unit_USD">129000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90861"
      unitRef="Unit_USD">491000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90862"
      unitRef="Unit_USD">31000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis"
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      id="ixv-90863"
      unitRef="Unit_USD">2242000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis"
      decimals="-6"
      id="ixv-90864"
      unitRef="Unit_USD">-2065000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90865"
      unitRef="Unit_USD">13000000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis"
      decimals="-6"
      id="ixv-90866"
      unitRef="Unit_USD">13000000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis"
      decimals="-6"
      id="ixv-90867"
      unitRef="Unit_USD">0</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90868"
      unitRef="Unit_USD">11000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90869"
      unitRef="Unit_USD">563000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90870"
      unitRef="Unit_USD">641000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90871"
      unitRef="Unit_USD">2000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis"
      decimals="-6"
      id="ixv-90872"
      unitRef="Unit_USD">1217000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis"
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      id="ixv-90873"
      unitRef="Unit_USD">1069000000</ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_BrandNamesMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
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      id="ixv-90874"
      unitRef="Unit_USD">19000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="ixv-90875"
      unitRef="Unit_USD">367000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
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      id="ixv-90876"
      unitRef="Unit_USD">395000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
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      id="ixv-90877"
      unitRef="Unit_USD">13000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis"
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      id="ixv-90878"
      unitRef="Unit_USD">794000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2024To12_31_2024_AtCostMemberifrsfullMeasurementAxis"
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      id="ixv-90879"
      unitRef="Unit_USD">473000000</ifrs-full:DisposalsAndRetirementsIntangibleAssetsOtherThanGoodwill>
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      decimals="-6"
      id="Fact_155772924"
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_CommercialIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
      decimals="-6"
      id="Fact_155772918"
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_ComputerSoftwareMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
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      id="Fact_155772928"
      unitRef="Unit_USD">4000000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesIntangibleAssetsOtherThanGoodwill>
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      contextRef="P01_01_2025To12_31_2025_AtCostMemberifrsfullMeasurementAxis_OtherIntangibleAssetsMemberifrsfullClassesOfIntangibleAssetsOtherThanGoodwillAxis"
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash-generating unit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 866&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 872&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of North America&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexico&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 410&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 027&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 045&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 586&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Middle Americas&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 798&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 535&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of South America&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;797&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;806&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Europe&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;370&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 900&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 558&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Africa&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;901&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;861&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;China&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;383&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rest of Asia Pacific&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;923&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;913&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total carrying amount of intangible assets with indefinite useful lives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38 478&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36 948&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_USifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90949"
      unitRef="Unit_USD">21866000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_USifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90950"
      unitRef="Unit_USD">21872000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90951"
      unitRef="Unit_USD">39000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherNorthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90952"
      unitRef="Unit_USD">37000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MXifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90953"
      unitRef="Unit_USD">3410000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MXifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90954"
      unitRef="Unit_USD">3027000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_COifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90955"
      unitRef="Unit_USD">3045000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_COifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90956"
      unitRef="Unit_USD">2586000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90957"
      unitRef="Unit_USD">3798000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_MiddleAmericasCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90958"
      unitRef="Unit_USD">3535000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90959"
      unitRef="Unit_USD">797000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherSouthAmericaCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90960"
      unitRef="Unit_USD">806000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_EuropeMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90961"
      unitRef="Unit_USD">399000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_EuropeMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90962"
      unitRef="Unit_USD">370000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_ZAifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90963"
      unitRef="Unit_USD">2900000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_ZAifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90964"
      unitRef="Unit_USD">2558000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90965"
      unitRef="Unit_USD">901000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis_OtherAfricanCountriesMemberifrsfullGeographicalAreasAxis"
      decimals="-6"
      id="ixv-90966"
      unitRef="Unit_USD">861000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_CNifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90967"
      unitRef="Unit_USD">399000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_CNifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90968"
      unitRef="Unit_USD">383000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90969"
      unitRef="Unit_USD">923000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_AsiaPacificCountresMemberifrsfullGeographicalAreasAxis_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90970"
      unitRef="Unit_USD">913000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2025_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90971"
      unitRef="Unit_USD">38478000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="PAsOn12_31_2024_IntangibleAssetsWithInfiniteUsefulLifeMemberifrsfullIntangibleAssetsWithIndefiniteUsefulLifeAxis"
      decimals="-6"
      id="ixv-90972"
      unitRef="Unit_USD">36948000000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:ResearchAndDevelopmentExpense
      contextRef="P01_01_2025To12_31_2025_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis"
      decimals="-6"
      id="ixv-90973"
      unitRef="Unit_USD">194000000</ifrs-full:ResearchAndDevelopmentExpense>
    <ifrs-full:ResearchAndDevelopmentExpense
      contextRef="P01_01_2024To12_31_2024_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis"
      decimals="-6"
      id="ixv-90974"
      unitRef="Unit_USD">222000000</ifrs-full:ResearchAndDevelopmentExpense>
    <ifrs-full:ResearchAndDevelopmentExpense
      contextRef="P01_01_2023To12_31_2023_IntangibleAssetsResearchAndDevelopmentExpensesExpensedMemberBUDDetailsAxis"
      decimals="-6"
      id="ixv-90975"
      unitRef="Unit_USD">256000000</ifrs-full:ResearchAndDevelopmentExpense>
    <ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-44367"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;16. Investments in associates &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A reconciliation of the summarized financial information to the carrying amount of the company&#x2019;s interests in material associates is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 90%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 125&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 482&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;164&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;375&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(211)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends received&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(77)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;140&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;53&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 563&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 125&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized financial information of the company&#x2019;s material associates is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
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&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2009;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 793&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 820&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 411&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 542&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 983&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 779&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 361&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 187)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 688)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 997)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 985)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(700)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 962)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(586)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 066)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(699)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 592)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(561)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 424)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net assets&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 190&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 357&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 788&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 428&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 637&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 596&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 421&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;724&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;476&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;654&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 214&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(717)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(206)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 853)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total comprehensive income (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;557&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(241)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;448&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(638)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In 2025, the exceptional share of results of associates included 9m US dollar income from our associate Anadolu Efes following the deconsolidation of its Russia business in the first quarter of 2025. In 2024, the exceptional share of results of associates included 104m US dollar income from our associate Anadolu Efes&#x2019; adoption of IAS 29 hyperinflation accounting on their 2023 results &#x2013; see Note 8 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;In 2025, associates that are not individually material contributed 185m US dollar to the results of investment in associates (31 December 2024: 141m US dollar; 31&#160;December 2023: 126m US dollar). In December 2024, the company sold its share in associate Ghost Beverages LLC and recognized an exceptional gain on asset disposal of 437m US dollar &#x2013; see Note 8 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Exceptional items&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Additional information related to &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;the&lt;/div&gt; significant &lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;associates &lt;/div&gt;is presented in Note 34&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; AB InBev Companies&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The net assets are converted at the respective closing rates of December. &lt;/div&gt;&lt;/div&gt;  &#160;</ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory>
    <bud:DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-44372"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;A reconciliation of the summarized financial information to the carrying amount of the company&#x2019;s interests in material associates is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 90%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 125&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 482&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;164&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;375&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(211)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends received&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(77)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;140&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;53&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exceptional share of results of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;104&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 563&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 125&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfReconciliationOfSummarizedFinancialInformationOfAssociatesAndJointVenturesExplanatory>
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      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
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      contextRef="PAsOn12_31_2023_CastelMemberdeiLegalEntityAxis"
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      id="ixv-90978"
      unitRef="Unit_USD">3482000000</ifrs-full:InvestmentsInAssociates>
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      contextRef="PAsOn12_31_2023_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90979"
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      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
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      id="ixv-90980"
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      id="ixv-90984"
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      id="ixv-90985"
      unitRef="Unit_USD">4000000</ifrs-full:DividendsReceived>
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      contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90986"
      unitRef="Unit_USD">158000000</ifrs-full:DividendsReceived>
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      contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90987"
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      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90988"
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      contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90989"
      unitRef="Unit_USD">53000000</bud:ShareOfResultsOfAssociates>
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      contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis"
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      id="ixv-90990"
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      id="ixv-90996"
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      decimals="-6"
      id="ixv-90997"
      unitRef="Unit_USD">214000000</ifrs-full:InvestmentsInAssociates>
    <bud:DisclosureOfFinancialInformationOfAssociatesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-44747">&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized financial information of the company&#x2019;s material associates is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 91%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2009;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Castel&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Anadolu&#160;Efes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 793&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 820&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 411&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 542&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 983&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 779&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 361&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 187)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 688)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 997)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 985)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(700)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 962)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(586)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 066)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(699)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 592)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(561)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 424)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net assets&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 190&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 357&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 788&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 428&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 637&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 596&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 329&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 421&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;724&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;476&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;654&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 214&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(166)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(717)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(206)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 853)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total comprehensive income (loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;557&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(241)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;448&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(638)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; The net assets are converted at the respective closing rates of December. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfFinancialInformationOfAssociatesExplanatory>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90998"
      unitRef="Unit_USD">3793000000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-90999"
      unitRef="Unit_USD">2820000000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91000"
      unitRef="Unit_USD">3411000000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91001"
      unitRef="Unit_USD">3542000000</ifrs-full:CurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91002"
      unitRef="Unit_USD">4983000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91003"
      unitRef="Unit_USD">6779000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91004"
      unitRef="Unit_USD">4520000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91005"
      unitRef="Unit_USD">6361000000</ifrs-full:NoncurrentAssets>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91006"
      unitRef="Unit_USD">2187000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91007"
      unitRef="Unit_USD">2688000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91008"
      unitRef="Unit_USD">1997000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91009"
      unitRef="Unit_USD">2985000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91010"
      unitRef="Unit_USD">700000000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91011"
      unitRef="Unit_USD">1962000000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91012"
      unitRef="Unit_USD">586000000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91013"
      unitRef="Unit_USD">2066000000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91014"
      unitRef="Unit_USD">-699000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91015"
      unitRef="Unit_USD">-2592000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91016"
      unitRef="Unit_USD">-561000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NoncontrollingInterests
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91017"
      unitRef="Unit_USD">-2424000000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NetAssetsLiabilities
      contextRef="PAsOn12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="Fact_155772512"
      unitRef="Unit_USD">5190000000</ifrs-full:NetAssetsLiabilities>
    <ifrs-full:NetAssetsLiabilities
      contextRef="PAsOn12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="Fact_155772513"
      unitRef="Unit_USD">2357000000</ifrs-full:NetAssetsLiabilities>
    <ifrs-full:NetAssetsLiabilities
      contextRef="PAsOn12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="Fact_155772514"
      unitRef="Unit_USD">4788000000</ifrs-full:NetAssetsLiabilities>
    <ifrs-full:NetAssetsLiabilities
      contextRef="PAsOn12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="Fact_155772515"
      unitRef="Unit_USD">2428000000</ifrs-full:NetAssetsLiabilities>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91022"
      unitRef="Unit_USD">5637000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91023"
      unitRef="Unit_USD">5596000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91024"
      unitRef="Unit_USD">5329000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91025"
      unitRef="Unit_USD">6421000000</ifrs-full:Revenue>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91026"
      unitRef="Unit_USD">724000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91027"
      unitRef="Unit_USD">476000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91028"
      unitRef="Unit_USD">654000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91029"
      unitRef="Unit_USD">1214000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91030"
      unitRef="Unit_USD">-166000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
      contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91031"
      unitRef="Unit_USD">-717000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
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      decimals="-6"
      id="ixv-91032"
      unitRef="Unit_USD">-206000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome
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      decimals="-6"
      id="ixv-91033"
      unitRef="Unit_USD">-1853000000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2025To12_31_2025_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91034"
      unitRef="Unit_USD">557000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2025To12_31_2025_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91035"
      unitRef="Unit_USD">-241000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2024To12_31_2024_CastelMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91036"
      unitRef="Unit_USD">448000000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome
      contextRef="P01_01_2024To12_31_2024_EfesMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91037"
      unitRef="Unit_USD">-638000000</ifrs-full:ComprehensiveIncome>
    <bud:ExceptionalShareOfResultsOfAssociates
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91038"
      unitRef="Unit_USD">9000000</bud:ExceptionalShareOfResultsOfAssociates>
    <bud:ExceptionalShareOfResultsOfAssociates
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91039"
      unitRef="Unit_USD">104000000</bud:ExceptionalShareOfResultsOfAssociates>
    <ifrs-full:InvestmentsInAssociates
      contextRef="PAsOn12_31_2025_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis"
      decimals="-6"
      id="ixv-91040"
      unitRef="Unit_USD">185000000</ifrs-full:InvestmentsInAssociates>
    <ifrs-full:InvestmentsInAssociates
      contextRef="PAsOn12_31_2024_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis"
      decimals="-6"
      id="ixv-91041"
      unitRef="Unit_USD">141000000</ifrs-full:InvestmentsInAssociates>
    <ifrs-full:InvestmentsInAssociates
      contextRef="PAsOn12_31_2023_AggregatedIndividuallyImmaterialAssociatesMemberifrsfullSignificantInvestmentsInAssociatesAxis"
      decimals="-6"
      id="ixv-91042"
      unitRef="Unit_USD">126000000</ifrs-full:InvestmentsInAssociates>
    <bud:ExceptionalGainLossOnBusinessAndAssetDisposal
      contextRef="P01_01_2024To12_31_2024_GhostBeveragesLlcMemberifrsfullCounterpartiesAxis"
      decimals="-6"
      id="ixv-91043"
      unitRef="Unit_USD">437000000</bud:ExceptionalGainLossOnBusinessAndAssetDisposal>
    <bud:DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-45267"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17. Deferred tax assets and liabilities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The amount of deferred tax assets and liabilities by type of temporary difference can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="font-size: 1pt;"&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial; width: 86%;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;315&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 844)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 529)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 026)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 766)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Intangible assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;186&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 772)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 585)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 296)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 157)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(75)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;942&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(346)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;596&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;868&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(406)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;462&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;351&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;296&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;365&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;345&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;687&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(29)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;659&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;608&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(39)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;569&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;49&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(99)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(101)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(90)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;537&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(767)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;539&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 352)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(813)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loss carry forwards&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 658&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 658&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 606&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 606&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross deferred tax assets/(liabilities)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 832&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(13 524)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 692)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 500&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(11 400)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 692)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 493&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(11 321)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The change in net deferred taxes recorded in the consolidated statement of financial position can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 939)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(9 518)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognized in profit or loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;420&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;311&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;689&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognized in other comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(37)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements and effect of changes in foreign exchange rates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(247)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(161)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 692)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 939)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Most of the temporary differences are related to the fair value adjustment on intangible assets with indefinite useful lives and property, plant and equipment acquired through business combinations. The realization of the temporary differences on intangible assets acquired through business combinations is unlikely to revert within 12 months as they would be realized upon impairment or disposal of these intangibles which is currently not expected. The net deferred tax liabilities attributable to the US business and mainly related to purchase price accounting amount to 5.7 billion US dollar as of 31&#160;December 2025. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, deferred taxes of 11.4 billion US dollar (31 December 2024: 12.0 billion US dollar) were not recognized on a series of tax attributes. The tax attributes for which no deferred tax asset was recognized amount to 46.2 billion US dollar as of 31&#160;December 2025 compared to 46.8 billion US dollar as of 31&#160;December 2024 and include tax losses carry forward either confirmed or resulting from tax positions under dispute, capital losses, foreign and withholding tax credits, excess dividend received deduction, excess interest carry forward, amongst others. 43.2 billion US dollar of these tax attributes do not have an expiration date, 0.1 billion US dollar expires within 1 year, while 2.7 billion US dollar have an expiration date of more than 3 years. Additionally, we have historical uncertain attributes without expiration date amounting to 16.2 billion US dollar for which no deferred tax asset was recognized (31 December 2024: 16.2 billion US dollar). Deferred tax assets have not been recognized on these items because these are either contingent assets subject to conclusion of tax disputes or it is not probable that future taxable profits will be available against which these tax losses and deductible temporary differences can be utilized and the company has no tax planning strategy currently in place to utilize these tax losses and deductible temporary differences. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfDeferredTaxAssetsAndLiabilitiesExplanatory>
    <bud:DisclosureOfEffectsOfDeferredTaxesOnAssetsAndLiabilitiesAssignedAsOfTemporaryDifferencesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-45272"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The amount of deferred tax assets and liabilities by type of temporary difference can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial; width: 86%;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property, plant and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;315&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 844)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 529)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 026)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 766)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Intangible assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;186&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 772)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 585)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 296)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9 157)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(75)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;942&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(346)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;596&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;868&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(406)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;462&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;351&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;296&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;365&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;345&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;687&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(29)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;659&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;608&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(39)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;569&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;49&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(99)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(101)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(90)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other items&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;537&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(767)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;539&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 352)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loss carry forwards&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 658&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross deferred tax assets/(liabilities)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 500&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 86%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Netting by taxable entity&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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      id="ixv-91065"
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      id="ixv-91101"
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 939)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(9 518)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognized in profit or loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;420&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;311&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;689&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Recognized in other comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(37)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements and effect of changes in foreign exchange rates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(247)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(161)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 692)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 828)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 939)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfDeferredTaxesExplanatory>
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      id="ixv-91117"
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      id="ixv-91118"
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      contextRef="PAsOn12_31_2022"
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      id="ixv-91119"
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      id="ixv-91120"
      unitRef="Unit_USD">420000000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
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      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-91121"
      unitRef="Unit_USD">311000000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
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      contextRef="P01_01_2023To12_31_2023"
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      id="ixv-91122"
      unitRef="Unit_USD">689000000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
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      decimals="-6"
      id="ixv-91124"
      unitRef="Unit_USD">38000000</bud:DeferredTaxesRecognizedInOtherComprehensiveIncome>
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      contextRef="P01_01_2023To12_31_2023"
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      id="ixv-91126"
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      id="ixv-91127"
      unitRef="Unit_USD">-161000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset>
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      id="ixv-91129"
      unitRef="Unit_USD">8692000000</ifrs-full:DeferredTaxLiabilityAsset>
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      id="ixv-91130"
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      id="ixv-91132"
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      decimals="-8"
      id="ixv-91133"
      unitRef="Unit_USD">11400000000</ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised>
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      id="ixv-91134"
      unitRef="Unit_USD">12000000000</ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised>
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      id="ixv-91135"
      unitRef="Unit_USD">46200000000</bud:UnrecognizedTaxBenefitAmount>
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      id="ixv-91136"
      unitRef="Unit_USD">46800000000</bud:UnrecognizedTaxBenefitAmount>
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      decimals="-8"
      id="ixv-91137"
      unitRef="Unit_USD">43200000000</ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised>
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      decimals="-8"
      id="ixv-91138"
      unitRef="Unit_USD">100000000</bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward>
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      decimals="-8"
      id="ixv-91140"
      unitRef="Unit_USD">2700000000</bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward>
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      contextRef="P01_01_2025To12_31_2025_NoExpirationPeriodMemberifrsfullTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis"
      decimals="-8"
      id="ixv-91141"
      unitRef="Unit_USD">16200000000</bud:DeferredTaxExpenseIncomeRelatingToTemporaryDifferencesAndTaxLossesCarriedForward>
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      id="ixv-91142"
      unitRef="Unit_USD">16200000000</ifrs-full:UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised>
    <ifrs-full:DisclosureOfInventoriesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-46427"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18. Inventories &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Prepayments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Raw materials and consumables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 948&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Work in progress&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;479&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;508&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finished goods&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 407&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Goods purchased for resale&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;165&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 107&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 019&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories other than work in progress&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories stated at net realizable value&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;264&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;259&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The cost of inventories recognized as an expense in 2025 amounts to 26 141m US dollar, included in cost of sales (2024: 26 744m US dollar; 2023: 27 396m US dollar). Impairment losses on inventories recognized in 2025 amounted to 70m US dollar (2024: 98m US dollar; 2023: 110m US dollar). &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfInventoriesExplanatory>
    <bud:DisclosureOfDetailedInformationAboutInventoriesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-46434">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Prepayments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Raw materials and consumables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 948&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Work in progress&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;479&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;508&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Finished goods&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 407&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Goods purchased for resale&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;165&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 107&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 019&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories other than work in progress&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Inventories stated at net realizable value&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;264&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;259&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutInventoriesExplanatory>
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      id="ixv-91143"
      unitRef="Unit_USD">133000000</ifrs-full:Prepayments>
    <ifrs-full:Prepayments
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91144"
      unitRef="Unit_USD">79000000</ifrs-full:Prepayments>
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      id="ixv-91145"
      unitRef="Unit_USD">2948000000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed
      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-91146"
      unitRef="Unit_USD">2854000000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:WorkInProgress
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91147"
      unitRef="Unit_USD">479000000</ifrs-full:WorkInProgress>
    <ifrs-full:WorkInProgress
      contextRef="PAsOn12_31_2024"
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      id="ixv-91148"
      unitRef="Unit_USD">508000000</ifrs-full:WorkInProgress>
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      contextRef="PAsOn12_31_2025"
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      id="ixv-91149"
      unitRef="Unit_USD">1382000000</ifrs-full:FinishedGoods>
    <ifrs-full:FinishedGoods
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91150"
      unitRef="Unit_USD">1407000000</ifrs-full:FinishedGoods>
    <bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91151"
      unitRef="Unit_USD">165000000</bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale>
    <bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale
      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-91152"
      unitRef="Unit_USD">171000000</bud:RawAndPackagingMaterialsAndGoodsPurchasedForResale>
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      id="ixv-91153"
      unitRef="Unit_USD">5107000000</ifrs-full:InventoriesTotal>
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      id="ixv-91154"
      unitRef="Unit_USD">5019000000</ifrs-full:InventoriesTotal>
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      id="ixv-91155"
      unitRef="Unit_USD">264000000</ifrs-full:InventoriesAtNetRealisableValue>
    <ifrs-full:InventoriesAtNetRealisableValue
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91156"
      unitRef="Unit_USD">259000000</ifrs-full:InventoriesAtNetRealisableValue>
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      id="ixv-91157"
      unitRef="Unit_USD">26141000000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91158"
      unitRef="Unit_USD">26744000000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91159"
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91160"
      unitRef="Unit_USD">70000000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91161"
      unitRef="Unit_USD">98000000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories>
    <ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91162"
      unitRef="Unit_USD">110000000</ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories>
    <ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-46642"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;19. Trade and other receivables &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash deposits for guarantees&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;144&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax receivable, other than income tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;105&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazilian tax credits and interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 299&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 120&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;323&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;212&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 871&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 577&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;67&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax receivable, other than income tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;660&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;416&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Prepaid expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;568&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;493&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;553&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;467&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 270&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev&#x2019;s tax credits and interest receivables are expected to be collected over a period exceeding 12 months after the reporting date. As of 31&#160;December 2025, the total amount of such credits and interest receivables represented 1 299m US dollar (31 December 2024: 1 120m US dollar).&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and &lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;non-current&lt;/div&gt; loans to customers can be detailed as follows: &lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying&lt;br/&gt; amount as of&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of&#160;which:&#160;neither&lt;br/&gt; impaired&#160;nor&#160;past&#x2002;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;due on the&lt;br/&gt; reporting date&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which not impaired as of the reporting&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;date and past due&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Less&#160;than&lt;br/&gt; 30 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;30&lt;br/&gt; &#x2002;and&#160;59&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;60&lt;br/&gt; &#x2002;and&#160;89&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;More&#160;than&lt;br/&gt; 90 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 990&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;202&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;553&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;532&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 939&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 644&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;212&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;30&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying&lt;br/&gt; amount as of&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of&#160;which:&#160;neither&lt;br/&gt; impaired&#160;nor&#160;past&#x2002;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;due on the&lt;br/&gt; reporting date&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which not impaired as of the reporting&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;date and past due&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Less&#160;than&lt;br/&gt; 30 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;30&lt;br/&gt; &#x2002;and&#160;59&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;60&lt;br/&gt; &#x2002;and&#160;89&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;More&#160;than&lt;br/&gt; 90 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 531&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;177&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;467&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;450&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 369&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 082&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The above analysis of the age of financial assets that are past due as of the reporting date but not impaired also includes non-current loans to customers. Past due amounts were not impaired when collection is still considered likely, for instance because the amounts can be recovered from the tax authorities, AB InBev has sufficient collateral, or the customer entered into a payment plan. Impairment losses on trade and other receivables recognized in 2025 amount to 53m US dollar (2024: 56m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;AB InBev&#x2019;s exposure to credit, currency and interest rate risks is disclosed in Note 27 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Risks arising from financial instruments&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory>
    <bud:DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-46649">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash deposits for guarantees&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;144&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax receivable, other than income tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;105&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazilian tax credits and interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 299&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 120&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;323&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;212&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 871&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 577&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;67&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tax receivable, other than income tax&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;660&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;416&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Prepaid expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;568&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;493&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;553&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;467&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 270&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutNoncurrentTradeAndOtherReceivablesExplanatory>
    <bud:CashDepositsForGuarantees
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91163"
      unitRef="Unit_USD">144000000</bud:CashDepositsForGuarantees>
    <bud:CashDepositsForGuarantees
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91164"
      unitRef="Unit_USD">133000000</bud:CashDepositsForGuarantees>
    <ifrs-full:LoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91165"
      unitRef="Unit_USD">6000000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91166"
      unitRef="Unit_USD">8000000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91167"
      unitRef="Unit_USD">100000000</ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91168"
      unitRef="Unit_USD">105000000</ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax>
    <bud:BrazilianTaxCreditsAndInterestReceivables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91169"
      unitRef="Unit_USD">1299000000</bud:BrazilianTaxCreditsAndInterestReceivables>
    <bud:BrazilianTaxCreditsAndInterestReceivables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91170"
      unitRef="Unit_USD">1120000000</bud:BrazilianTaxCreditsAndInterestReceivables>
    <ifrs-full:NoncurrentTradeReceivables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91171"
      unitRef="Unit_USD">323000000</ifrs-full:NoncurrentTradeReceivables>
    <ifrs-full:NoncurrentTradeReceivables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91172"
      unitRef="Unit_USD">212000000</ifrs-full:NoncurrentTradeReceivables>
    <ifrs-full:NoncurrentReceivables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91173"
      unitRef="Unit_USD">1871000000</ifrs-full:NoncurrentReceivables>
    <ifrs-full:NoncurrentReceivables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91174"
      unitRef="Unit_USD">1577000000</ifrs-full:NoncurrentReceivables>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91175"
      unitRef="Unit_USD">4261000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91176"
      unitRef="Unit_USD">3792000000</bud:TradeReceivablesAndAccruedIncome>
    <ifrs-full:InterestReceivable
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91177"
      unitRef="Unit_USD">67000000</ifrs-full:InterestReceivable>
    <ifrs-full:InterestReceivable
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91178"
      unitRef="Unit_USD">43000000</ifrs-full:InterestReceivable>
    <ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91179"
      unitRef="Unit_USD">660000000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91180"
      unitRef="Unit_USD">416000000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91181"
      unitRef="Unit_USD">52000000</bud:CurrentLoansAndAdvancesToCustomers>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91182"
      unitRef="Unit_USD">60000000</bud:CurrentLoansAndAdvancesToCustomers>
    <ifrs-full:Prepayments
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91183"
      unitRef="Unit_USD">568000000</ifrs-full:Prepayments>
    <ifrs-full:Prepayments
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91184"
      unitRef="Unit_USD">493000000</ifrs-full:Prepayments>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91185"
      unitRef="Unit_USD">553000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91186"
      unitRef="Unit_USD">467000000</ifrs-full:OtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91187"
      unitRef="Unit_USD">6161000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2024_NetCarryingAmountsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91188"
      unitRef="Unit_USD">5270000000</ifrs-full:TradeAndOtherReceivables>
    <bud:BrazilianTaxCreditsAndInterestReceivables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91189"
      unitRef="Unit_USD">1299000000</bud:BrazilianTaxCreditsAndInterestReceivables>
    <bud:BrazilianTaxCreditsAndInterestReceivables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91190"
      unitRef="Unit_USD">1120000000</bud:BrazilianTaxCreditsAndInterestReceivables>
    <bud:ScheduleOfTradeAndOtherReceivablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-46962"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and &lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;non-current&lt;/div&gt; loans to customers can be detailed as follows: &lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying&lt;br/&gt; amount as of&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of&#160;which:&#160;neither&lt;br/&gt; impaired&#160;nor&#160;past&#x2002;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;due on the&lt;br/&gt; reporting date&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which not impaired as of the reporting&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;date and past due&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Less&#160;than&lt;br/&gt; 30 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;30&lt;br/&gt; &#x2002;and&#160;59&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;60&lt;br/&gt; &#x2002;and&#160;89&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;More&#160;than&lt;br/&gt; 90 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 990&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;202&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;553&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;532&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 939&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 644&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;212&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;30&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net carrying&lt;br/&gt; amount as of&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of&#160;which:&#160;neither&lt;br/&gt; impaired&#160;nor&#160;past&#x2002;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;due on the&lt;br/&gt; reporting date&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td rowspan="2" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which not impaired as of the reporting&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;date and past due&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Less&#160;than&lt;br/&gt; 30 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;30&lt;br/&gt; &#x2002;and&#160;59&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Between&#160;60&lt;br/&gt; &#x2002;and&#160;89&#160;days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;More&#160;than&lt;br/&gt; 90 days&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables and accrued income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 531&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;177&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Loans to customers&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;467&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;450&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 369&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 082&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;38&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:ScheduleOfTradeAndOtherReceivablesExplanatory>
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      decimals="-6"
      id="ixv-91203"
      unitRef="Unit_USD">64000000</ifrs-full:InterestReceivable>
    <ifrs-full:InterestReceivable
      contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91204"
      unitRef="Unit_USD">2000000</ifrs-full:InterestReceivable>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91205"
      unitRef="Unit_USD">553000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91206"
      unitRef="Unit_USD">532000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91207"
      unitRef="Unit_USD">10000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91208"
      unitRef="Unit_USD">6000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91209"
      unitRef="Unit_USD">6000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91210"
      unitRef="Unit_USD">0</ifrs-full:OtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91211"
      unitRef="Unit_USD">4939000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91212"
      unitRef="Unit_USD">4644000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91213"
      unitRef="Unit_USD">212000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91214"
      unitRef="Unit_USD">50000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91215"
      unitRef="Unit_USD">30000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2025_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91216"
      unitRef="Unit_USD">3000000</ifrs-full:TradeAndOtherReceivables>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91217"
      unitRef="Unit_USD">3792000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91218"
      unitRef="Unit_USD">3531000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91219"
      unitRef="Unit_USD">177000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91220"
      unitRef="Unit_USD">34000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91221"
      unitRef="Unit_USD">32000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:TradeReceivablesAndAccruedIncome
      contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91222"
      unitRef="Unit_USD">18000000</bud:TradeReceivablesAndAccruedIncome>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91223"
      unitRef="Unit_USD">68000000</bud:CurrentLoansAndAdvancesToCustomers>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91224"
      unitRef="Unit_USD">58000000</bud:CurrentLoansAndAdvancesToCustomers>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91225"
      unitRef="Unit_USD">0</bud:CurrentLoansAndAdvancesToCustomers>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91226"
      unitRef="Unit_USD">0</bud:CurrentLoansAndAdvancesToCustomers>
    <bud:CurrentLoansAndAdvancesToCustomers
      contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91227"
      unitRef="Unit_USD">10000000</bud:CurrentLoansAndAdvancesToCustomers>
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      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91228"
      unitRef="Unit_USD">43000000</ifrs-full:InterestReceivable>
    <ifrs-full:InterestReceivable
      contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91229"
      unitRef="Unit_USD">43000000</ifrs-full:InterestReceivable>
    <ifrs-full:InterestReceivable
      contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91230"
      unitRef="Unit_USD">0</ifrs-full:InterestReceivable>
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      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91231"
      unitRef="Unit_USD">467000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91232"
      unitRef="Unit_USD">450000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91233"
      unitRef="Unit_USD">4000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91234"
      unitRef="Unit_USD">5000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91235"
      unitRef="Unit_USD">8000000</ifrs-full:OtherReceivables>
    <ifrs-full:OtherReceivables
      contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91236"
      unitRef="Unit_USD">0</ifrs-full:OtherReceivables>
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      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91237"
      unitRef="Unit_USD">4369000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2024_OfWhichNeitherImpairedNorPastDueOnTheReportingDateMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-91238"
      unitRef="Unit_USD">4082000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2024_NotLaterThanOneMonthMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91239"
      unitRef="Unit_USD">181000000</ifrs-full:TradeAndOtherReceivables>
    <ifrs-full:TradeAndOtherReceivables
      contextRef="PAsOn12_31_2024_LaterThanOneMonthAndNotLaterThanTwoMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91240"
      unitRef="Unit_USD">38000000</ifrs-full:TradeAndOtherReceivables>
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      contextRef="PAsOn12_31_2024_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-91241"
      unitRef="Unit_USD">50000000</ifrs-full:TradeAndOtherReceivables>
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      contextRef="PAsOn12_31_2024_LaterThanThreeMonthsMemberifrsfullMaturityAxis_OfWhichNotImpairedAsOfTheReportingDateAndPastMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      unitRef="Unit_USD">18000000</ifrs-full:TradeAndOtherReceivables>
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      id="ixv-91243"
      unitRef="Unit_USD">53000000</ifrs-full:ImpairmentLoss>
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      id="ixv-91244"
      unitRef="Unit_USD">56000000</ifrs-full:ImpairmentLoss>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term bank deposits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 248&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and bank accounts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 390&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 210&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 638&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(14)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents in the statement of cash flows&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 623&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The cash outstanding as of 31&#160;December 2025 includes restricted cash for an amount of 106m US dollar (31 December 2024: 99m US dollar). This restricted cash mainly relates to amounts deposited on a blocked account in respect to the state aid investigation into the Belgian excess profit ruling system (80m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Investment securities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in unquoted companies&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;134&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in debt securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current investments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;168&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in debt securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;306&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current investments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;306&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;221&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, current debt securities of 306m US dollar mainly represented investments in government bonds (31&#160;December 2024: 221m US dollar). The company&#x2019;s investments in such short-term debt securities are primarily to facilitate liquidity and for capital preservation. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <bud:DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-47770">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term bank deposits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 248&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and bank accounts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 390&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 210&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 638&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(14)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents in the statement of cash flows&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 623&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutCashAndCashEquivalentsExplanatory>
    <ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91245"
      unitRef="Unit_USD">6248000000</ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91246"
      unitRef="Unit_USD">4964000000</ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents>
    <ifrs-full:Cash
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91247"
      unitRef="Unit_USD">5390000000</ifrs-full:Cash>
    <ifrs-full:Cash
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91248"
      unitRef="Unit_USD">6210000000</ifrs-full:Cash>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91249"
      unitRef="Unit_USD">11638000000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91250"
      unitRef="Unit_USD">11174000000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91251"
      unitRef="Unit_USD">14000000</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91252"
      unitRef="Unit_USD">0</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91253"
      unitRef="Unit_USD">11623000000</ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition>
    <ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91254"
      unitRef="Unit_USD">11174000000</ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91255"
      unitRef="Unit_USD">106000000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:CurrentRestrictedCashAndCashEquivalents
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91256"
      unitRef="Unit_USD">99000000</ifrs-full:CurrentRestrictedCashAndCashEquivalents>
    <ifrs-full:BankingArrangementsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91257"
      unitRef="Unit_USD">80000000</ifrs-full:BankingArrangementsClassifiedAsCashEquivalents>
    <bud:SummaryOfInvestmentsInShortTermDebtSecurities contextRef="P01_01_2025To12_31_2025" id="ixv-47938">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in unquoted companies&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;134&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in debt securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current investments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;161&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;168&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment in debt securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;306&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current investments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;306&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;221&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:SummaryOfInvestmentsInShortTermDebtSecurities>
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    <bud:DisclosureOfChangesInEquityAndEarningsPerShareExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-48089"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21. Changes in equity and earnings per share &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;STATEMENT OF CAPITAL &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The tables below summarize the changes in issued capital and treasury shares during the year ended 31&#160;December 2025: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issued capital&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Issued capital&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Million&#160;shares&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Million&#160;US&#160;dollar&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 019&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 736&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Changes during the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the current period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 019&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 736&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ordinary shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 797&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;222&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Treasury shares&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Result&#160;on&#160;the&#160;use&#160;of&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Million&#160;shares&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Million&#160;US&#160;dollar&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 406)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Changes during the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 197)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(910)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the current period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;68.5&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 083)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 316)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, the share capital of AB InBev amounts to &lt;div style="font-family: Arial; font-size: 12px; text-align: justify; background-color: rgb(255, 255, 255);display:inline;"&gt;1 238 608 344.12&lt;/div&gt; euro (1 736 million US dollar). It is represented by 2 019 241 973 shares without nominal value, of which 68 489 754 are held in treasury by AB InBev and its subsidiaries. All shares are ordinary shares, except for &lt;div style="display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;222 041 979&lt;/div&gt;&lt;/div&gt; restricted shares. As of 31&#160;December 2025, the total of authorized, unissued capital amounts to 37m euro. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The treasury shares held by the company are reported in equity in Treasury shares. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The holders of ordinary and restricted shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the company. In respect of the company&#x2019;s shares that are held by AB InBev and its subsidiaries, the economic and voting rights are suspended. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The restricted shares are unlisted, not admitted to trading on any stock exchange, and are subject to, among other things, restrictions on transfer until converted into new ordinary shares. As&#160;from 11&#160;October 2021 (fifth anniversary of completion of the SAB &lt;div style="display:inline;"&gt;combination&lt;/div&gt;), the restricted shares are convertible at the election of the holder into new ordinary shares on a one-for-one basis and they rank equally with the ordinary shares with respect to dividends and voting rights. By 31&#160;December 2025, from the 326&#160;million restricted shares issued at the time of the SAB combination, 104&#160;million restricted shares were converted into new ordinary shares. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The shareholders&#x2019; structure is based on the notifications made to the company pursuant to the Belgian Law of 2&#160;May 2007, which governs the disclosure of significant shareholdings in listed companies. It is included in the &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Corporate Governance&lt;/div&gt;&lt;/div&gt; section of AB InBev&#x2019;s annual report. &lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;CHANGES IN OWNERSHIP INTERESTS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;In accordance with IFRS 10 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Consolidated Financial Statements&lt;/div&gt;&lt;/div&gt;, the acquisition or disposal of additional shares in a subsidiary is accounted for as an equity transaction with owners. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In the year ended 31&#160;December 2025, Ambev performed a share buyback for an amount of 323m US dollar. The purchases did not impact AB InBev&#x2019;s profit. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ACQUISITIONS AND DISPOSALS OF OWN SHARES (REPORT ACCORDING TO ARTICLE 7:220 OF THE BELGIAN COMPANIES CODE OF COMPANIES AND ASSOCIATIONS) AND BORROWINGS OF OWN SHARES&#x2013; PURCHASE OF OWN SHARES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During 2025, the company has acquired treasury shares in accordance with article 7:215 of the Belgian Code of Companies and Associations (former article 620 of the Belgian Companies Code) and has proceeded with the following disposals of its own shares. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Treasury shares &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Using the powers granted at the shareholders meeting of 28&#160;April 2021, the Board of Directors approved a share buyback program for an amount of 2 billion US dollar in 2024. As of 31&#160;December 2025, AB InBev bought back 34 615 419 shares for a total amount of 2 billion US dollar, corresponding to 1.71% of the total shares outstanding. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 29&#160;October 2025, the Board of Directors approved a new share buyback program for an additional amount of 6 billion US dollar. As of 31&#160;December 2025, AB InBev bought back 6 421 554 shares for a total amount of 400m US dollar corresponding to 0.32% of the total shares outstanding. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, the group owned 68 489 754 own shares of which 67 851 393 were held directly by AB InBev. The par value of the share is 0.61 euro. The treasury shares that the company still owned at the end of 31&#160;December 2025 represented 51 266 673 US dollar (41 778 750 euro) of the subscribed capital. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Borrowed shares &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In order to fulfill AB InBev&#x2019;s commitments under various outstanding share-based compensation plans, during the course of 2025, the company had stock lending arrangements in place for up to 26.7&#160;million shares, which were used to fulfill share-based compensation plan commitments. The company shall pay any dividend equivalent after tax in respect of such borrowed shares. This payment will be reported through equity as dividend. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;DIVIDENDS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On &lt;div style="null;text-indent: 0px;display:inline;"&gt;29 October 2025&lt;/div&gt;, an interim dividend of 0.15 euro per share or approximately 296m euro was approved by the Board of Directors. This interim dividend was paid out as of 20 November 2025. On 11&#160;February 2026, in addition to the interim dividend, a dividend of &lt;div style="null;text-indent: 0px;display:inline;"&gt;1.00&lt;/div&gt; euro per share or&lt;div style="null;text-indent: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;div style="null;text-indent: 0px;display:inline;"&gt;approximately&lt;/div&gt; &lt;div style="null;text-indent: 0px;display:inline;"&gt;1 972&lt;/div&gt;m euro was proposed by the Board of Directors, reflecting a total dividend payment for the 2025 fiscal year of &lt;div style="null;text-indent: 0px;display:inline;"&gt;1.15 &lt;/div&gt; euro per share or&lt;div style="null;text-indent: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;div style="null;text-indent: 0px;display:inline;"&gt;approximately&lt;/div&gt; &lt;div style="null;text-indent: 0px;display:inline;"&gt;2 268&lt;/div&gt;m euro, and will be subject to approval at the shareholders&#x2019; meeting on 29&#160;April 2026. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 30 April 2025, a dividend of 1.00 euro per share or 1 986m euro was approved at the shareholders&#x2019; meeting. The dividend was paid out as of 8 May 2025. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 24 April 2024, a dividend of 0.82 euro per share or 1 645m euro was approved at the shareholders&#x2019; meeting. The dividend was paid out as of 7 May 2024. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;TRANSLATION RESERVES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The translation reserves comprise all foreign currency exchange differences arising from the translation of the financial statements of foreign operations. The translation reserves also comprise the portion of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net investment. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;HEDGING RESERVES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The hedging reserves comprise the effective portion of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;TRANSFERS FROM SUBSIDIARIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The amount of dividends payable to AB InBev by its operating subsidiaries is subject to, among other restrictions, general limitations imposed by the corporate laws, capital transfer restrictions and exchange control restrictions of the respective jurisdictions where those subsidiaries are organized and operate. Capital transfer restrictions are also common in certain emerging market countries and may affect AB InBev&#x2019;s flexibility in implementing a capital structure it believes to be efficient. As of 31&#160;December 2025, the restrictions above mentioned were not deemed significant on the company&#x2019;s ability to access or use the assets or settle the liabilities of its operating subsidiaries. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends paid to AB InBev by certain of its subsidiaries are also subject to withholding taxes. Withholding taxes, if applicable, generally do not exceed 15%. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;OTHER COMPREHENSIVE INCOME RESERVES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the other comprehensive income reserves are as&#160;follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38 670)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 020)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(39 201)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 594&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(100)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;66&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 560&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32 076)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;390&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(954)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32 641)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The gain in translation reserves is primarily related to the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro which resulted in a net foreign exchange translation adjustment of 6 594m US dollar as of 31&#160;December 2025 (increase of equity). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 180)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(31 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;309&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;309&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;135&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;135&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;309&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;135&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 046)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38 670)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 020)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(39 201)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As per 1&#160;January 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(34 677)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;145&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 021)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(35 553)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 497&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 497&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 497&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(134)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 398&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As per 31&#160;December 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 180)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(31 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;EARNINGS PER SHARE &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The calculation of basic earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar, 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares outstanding (including stock lending) per end of the period, calculated as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 975&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of stock lending&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of delivery of treasury shares and share buyback programs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 984&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 016&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The calculation of diluted earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar; 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including stock lending) at the end of the period, calculated as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of share options, PSUs and restricted stock units&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 018&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 044&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 054&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The calculation of the Underlying EPS is based on the profit before exceptional items and hyperinflation impacts attributable to equity holders of AB InBev. A reconciliation of the profit attributable to equity holders of AB InBev to the profit before exceptional items, attributable to equity holders of AB InBev and underlying profit is calculated as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 837&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 855&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 341&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net impact of exceptional items on profit (refer to Note 8)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;499&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 062&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;614&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit before exceptional items, attributable to equity holders of AB InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 336&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 917&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 955&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hyperinflation impacts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;74&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;145&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;203&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 410&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 061&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 158&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below sets out the EPS calculation: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 341&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Basic EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.45&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.92&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.65&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 341&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares (diluted)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 018&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 044&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 054&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Diluted EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.39&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.60&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 410&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 061&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 158&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.73&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.53&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.05&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The average market value of the company&#x2019;s shares for purposes of calculating the dilutive effect of share options and restricted stock units was based on quoted market prices for the period that the options and restricted stock units were outstanding. For the calculation of Diluted EPS, 22m share options were anti-dilutive and not included in the calculation of the dilutive effect per 31&#160;December 2025 (31 December 2024: 40m share options; 31&#160;December 2023: 46m share options). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfChangesInEquityAndEarningsPerShareExplanatory>
    <ifrs-full:DisclosureOfIssuedCapitalExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-48098"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The tables below summarize the changes in issued capital and treasury shares during the year ended 31&#160;December 2025: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issued capital&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Issued capital&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Million&#160;shares&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Million&#160;US&#160;dollar&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 019&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 736&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Changes during the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the current period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 019&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 736&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ordinary shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 797&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;222&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Treasury shares&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Result&#160;on&#160;the&#160;use&#160;of&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Million&#160;shares&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Million&#160;US&#160;dollar&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 406)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Changes during the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 197)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(910)&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;At the end of the current period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;68.5&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 083)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 316)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfIssuedCapitalExplanatory>
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    <ifrs-full:NumberOfSharesOutstanding
      contextRef="PAsOn12_31_2025"
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      decimals="-6"
      id="ixv-91275"
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      contextRef="PAsOn12_31_2025_OrdinarySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
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      contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91277"
      unitRef="Unit_shares">222000000</bud:NumberOfRestrictedShares>
    <bud:NumberOfTreasurySharesOutstanding
      contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-5"
      id="ixv-91278"
      unitRef="Unit_shares">43800000</bud:NumberOfTreasurySharesOutstanding>
    <ifrs-full:TreasuryShares
      contextRef="PAsOn12_31_2024_TreasurySharesMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91279"
      unitRef="Unit_USD">-3886000000</ifrs-full:TreasuryShares>
    <ifrs-full:TreasuryShares
      contextRef="PAsOn12_31_2024_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91280"
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    <bud:IncreaseDecreaseInNumberOfSharesInTreasury
      contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-5"
      id="ixv-91281"
      unitRef="Unit_shares">24700000</bud:IncreaseDecreaseInNumberOfSharesInTreasury>
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      contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91282"
      unitRef="Unit_USD">-1197000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions
      contextRef="P01_01_2025To12_31_2025_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91283"
      unitRef="Unit_USD">-910000000</ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions>
    <bud:NumberOfTreasurySharesOutstanding
      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-5"
      id="ixv-91284"
      unitRef="Unit_shares">68500000</bud:NumberOfTreasurySharesOutstanding>
    <ifrs-full:TreasuryShares
      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91285"
      unitRef="Unit_USD">-5083000000</ifrs-full:TreasuryShares>
    <ifrs-full:TreasuryShares
      contextRef="PAsOn12_31_2025_TreasurySharesOnUseMemberifrsfullComponentsOfEquityAxis"
      decimals="-6"
      id="ixv-91286"
      unitRef="Unit_USD">-6316000000</ifrs-full:TreasuryShares>
    <ifrs-full:IssuedCapital
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis"
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    <ifrs-full:IssuedCapital
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis"
      decimals="-6"
      id="ixv-91288"
      unitRef="Unit_USD">1736000000</ifrs-full:IssuedCapital>
    <ifrs-full:NumberOfSharesAuthorised
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis"
      decimals="0"
      id="ixv-91289"
      unitRef="Unit_shares">2019241973</ifrs-full:NumberOfSharesAuthorised>
    <bud:NumberOfTreasurySharesOwnedByABIAndSubsidiaries
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis"
      decimals="0"
      id="ixv-91290"
      unitRef="Unit_shares">68489754</bud:NumberOfTreasurySharesOwnedByABIAndSubsidiaries>
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      contextRef="P01_01_2025To12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="0"
      id="ixv-91291"
      unitRef="Unit_shares">222041979</bud:NumberOfRestrictedShares>
    <ifrs-full:TreasuryShares
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis"
      decimals="-6"
      id="ixv-91292"
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    <bud:NumberOfRestrictedSharesIssued
      contextRef="P01_01_2025To12_31_2025_SabCombinationMemberifrsfullBusinessCombinationsAxis"
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      id="ixv-91293"
      unitRef="Unit_shares">326000000</bud:NumberOfRestrictedSharesIssued>
    <bud:NumberOfRestrictedSharesConvertedIntoOrdinaryShares
      contextRef="P01_01_2025To12_31_2025_SabCombinationMemberifrsfullBusinessCombinationsAxis"
      decimals="-6"
      id="ixv-91294"
      unitRef="Unit_shares">104000000</bud:NumberOfRestrictedSharesConvertedIntoOrdinaryShares>
    <bud:StocksRepurchasedDuringPeriodValue
      contextRef="P01_01_2025To12_31_2025_AmbevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91295"
      unitRef="Unit_USD">323000000</bud:StocksRepurchasedDuringPeriodValue>
    <srt:StockRepurchaseProgramAuthorizedAmount1
      contextRef="PAsOn04_28_2021_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-9"
      id="ixv-91296"
      unitRef="Unit_USD">2000000000</srt:StockRepurchaseProgramAuthorizedAmount1>
    <bud:StockRepurchasedDuringPeriodShare
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="0"
      id="ixv-91297"
      unitRef="Unit_shares">34615419</bud:StockRepurchasedDuringPeriodShare>
    <bud:StockRepurchasedDuringPeriodValues
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-9"
      id="ixv-91298"
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      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
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    <srt:StockRepurchaseProgramAuthorizedAmount1
      contextRef="PAsOn10_29_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
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    <bud:StockRepurchasedDuringPeriodShare
      contextRef="PAsOn10_29_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="0"
      id="ixv-91301"
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    <bud:StockRepurchasedDuringPeriodValues
      contextRef="PAsOn10_29_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91302"
      unitRef="Unit_USD">400000000</bud:StockRepurchasedDuringPeriodValues>
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      decimals="4"
      id="ixv-91303"
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      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
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      id="ixv-91304"
      unitRef="Unit_shares">68489754</bud:NumberOfTreasurySharesOwnedByABIAndSubsidiaries>
    <bud:NumberOfTreasurySharesOwnedByABI
      contextRef="PAsOn12_31_2025_ParentMemberifrsfullCategoriesOfRelatedPartiesAxis_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="0"
      id="ixv-91305"
      unitRef="Unit_shares">67851393</bud:NumberOfTreasurySharesOwnedByABI>
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      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="2"
      id="ixv-91306"
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    <bud:TreasurySharesOwnedByCompany
      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
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      unitRef="Unit_USD">51266673000000</bud:TreasurySharesOwnedByCompany>
    <bud:TreasurySharesOwnedByCompany
      contextRef="PAsOn12_31_2025_TreasurySharesMemberifrsfullClassesOfShareCapitalAxis"
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    <bud:NumberOfBorrowedSharesOutstanding
      contextRef="P01_01_2025To12_31_2025_StockLendingArrangementsMemberBUDArrangementTypeAxis"
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      id="ixv-91309"
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      contextRef="PAsOn10_29_2025_DividendProposedMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis"
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      id="ixv-91312"
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      contextRef="PAsOn02_11_2026"
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      id="ixv-91314"
      unitRef="Unit_EUR_per_Share">1</bud:DividendDeclaredPerShare>
    <bud:DividendDeclared
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      id="ixv-91315"
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    <bud:DividendDeclared
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      contextRef="PAsOn04_30_2025_DividendProposedMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis"
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      contextRef="PAsOn04_24_2024_DividendProposedMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis"
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      id="ixv-91324"
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      decimals="2"
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      unitRef="Unit_pure">0.15</bud:TaxWithholdingPercentage>
    <bud:DisclosureOfChangesInOtherComprehensiveIncomeReservesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-48551"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the other comprehensive income reserves are as&#160;follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38 670)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 020)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(39 201)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 594&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(100)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;66&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 560&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32 076)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;390&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(954)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32 641)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The gain in translation reserves is primarily related to the appreciation of the closing rates of the Brazilian real, Colombian peso, Mexican peso, the Peruvian sol, and the South African rand, partially offset by the appreciation of the closing rate of the Euro which resulted in a net foreign exchange translation adjustment of 6 594m US dollar as of 31&#160;December 2025 (increase of equity). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 180)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(31 155)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;309&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;309&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;135&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;135&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 490)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;309&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;135&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(8 046)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38 670)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 020)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(39 201)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Translation&lt;br/&gt; Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Hedging&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Post-employment&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;benefits&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total OCI&lt;br/&gt; &#x2003;&#x2003;&#x2003;&#x2003;Reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As per 1&#160;January 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(34 677)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;145&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 021)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(35 553)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences on translation of foreign operations (gains/(losses))&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 497&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 497&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Re-measurements of post-employment benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 497&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(134)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 398&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As per 31&#160;December 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30 180)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Issued ordinary and restricted shares as of 1&#160;January, net of treasury shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 975&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of stock lending&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of delivery of treasury shares and share buyback programs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 984&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 016&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The calculation of diluted earnings per share for the year ended 31&#160;December 2025 is based on the profit attributable to equity holders of AB InBev of 6 837m US dollar (31 December 2024: 5 855m US dollar; 31&#160;December 2023: 5 341m US dollar) and a weighted average number of ordinary and restricted shares (diluted) outstanding (including stock lending) at the end of the period, calculated as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of share options, PSUs and restricted stock units&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares (diluted) as of 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 018&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 044&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 054&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The calculation of the Underlying EPS is based on the profit before exceptional items and hyperinflation impacts attributable to equity holders of AB InBev. A reconciliation of the profit attributable to equity holders of AB InBev to the profit before exceptional items, attributable to equity holders of AB InBev and underlying profit is calculated as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 837&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 855&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 341&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net impact of exceptional items on profit (refer to Note 8)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;499&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 062&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;614&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit before exceptional items, attributable to equity holders of AB InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 336&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 917&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 955&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hyperinflation impacts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;74&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;145&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;203&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 410&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 061&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 158&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfWeightedAverageNumberOfOrdinaryAndRestrictedSharesOutstandingExplanatory>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91381"
      unitRef="Unit_USD">6837000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91382"
      unitRef="Unit_USD">5855000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91383"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91384"
      unitRef="Unit_shares">1975000000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91385"
      unitRef="Unit_shares">1984000000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2023"
      decimals="-6"
      id="ixv-91386"
      unitRef="Unit_shares">1984000000</ifrs-full:NumberOfSharesIssued>
    <bud:EffectOfBasicStockLending
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91387"
      unitRef="Unit_shares">27000000</bud:EffectOfBasicStockLending>
    <bud:EffectOfBasicStockLending
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91388"
      unitRef="Unit_shares">29000000</bud:EffectOfBasicStockLending>
    <bud:EffectOfBasicStockLending
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91389"
      unitRef="Unit_shares">30000000</bud:EffectOfBasicStockLending>
    <bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91390"
      unitRef="Unit_shares">-18000000</bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms>
    <bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91391"
      unitRef="Unit_shares">-9000000</bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms>
    <bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91392"
      unitRef="Unit_shares">2000000</bud:EffectOfDeliveryOfTreasurySharesAndShareBuybackPrograms>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2025To12_31_2025_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91393"
      unitRef="Unit_shares">1984000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2024To12_31_2024_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91394"
      unitRef="Unit_shares">2003000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2023To12_31_2023_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91395"
      unitRef="Unit_shares">2016000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:DilutedAdjustedEarnings
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91396"
      unitRef="Unit_USD">6837000000</bud:DilutedAdjustedEarnings>
    <bud:DilutedAdjustedEarnings
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91397"
      unitRef="Unit_USD">5855000000</bud:DilutedAdjustedEarnings>
    <bud:DilutedAdjustedEarnings
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91398"
      unitRef="Unit_USD">5341000000</bud:DilutedAdjustedEarnings>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91399"
      unitRef="Unit_shares">1984000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91400"
      unitRef="Unit_shares">2003000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91401"
      unitRef="Unit_shares">2016000000</bud:WeightedAverageNumberOfOrdinaryAndRestrictedSharesUsedToCalculateBasicEarningsPerShare>
    <bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91402"
      unitRef="Unit_shares">34000000</bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits>
    <bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91403"
      unitRef="Unit_shares">41000000</bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits>
    <bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91404"
      unitRef="Unit_shares">38000000</bud:EffectOfShareOptionsPerformanceStockUnitsAndRestrictedStockUnits>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations
      contextRef="P01_01_2025To12_31_2025_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91405"
      unitRef="Unit_shares">2018000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations
      contextRef="P01_01_2024To12_31_2024_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91406"
      unitRef="Unit_shares">2044000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations
      contextRef="P01_01_2023To12_31_2023_OrdinaryRestrictedSharesMemberifrsfullClassesOfShareCapitalAxis"
      decimals="-6"
      id="ixv-91407"
      unitRef="Unit_shares">2054000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromDiscontinuingOperations>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91408"
      unitRef="Unit_USD">6837000000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91409"
      unitRef="Unit_USD">5855000000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91410"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <bud:NetImpactOfExceptionalItemsOnProfit
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91411"
      unitRef="Unit_USD">499000000</bud:NetImpactOfExceptionalItemsOnProfit>
    <bud:NetImpactOfExceptionalItemsOnProfit
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91412"
      unitRef="Unit_USD">1062000000</bud:NetImpactOfExceptionalItemsOnProfit>
    <bud:NetImpactOfExceptionalItemsOnProfit
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91413"
      unitRef="Unit_USD">614000000</bud:NetImpactOfExceptionalItemsOnProfit>
    <bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91414"
      unitRef="Unit_USD">7336000000</bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany>
    <bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91415"
      unitRef="Unit_USD">6917000000</bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany>
    <bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91416"
      unitRef="Unit_USD">5955000000</bud:ProfitBeforeExceptionalItemsAttributableToEquityHoldersOfParentCompany>
    <bud:EffectsOnHyperinflationaryEconomies
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91417"
      unitRef="Unit_USD">74000000</bud:EffectsOnHyperinflationaryEconomies>
    <bud:EffectsOnHyperinflationaryEconomies
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91418"
      unitRef="Unit_USD">145000000</bud:EffectsOnHyperinflationaryEconomies>
    <bud:EffectsOnHyperinflationaryEconomies
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91419"
      unitRef="Unit_USD">203000000</bud:EffectsOnHyperinflationaryEconomies>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91420"
      unitRef="Unit_USD">7410000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91421"
      unitRef="Unit_USD">7061000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91422"
      unitRef="Unit_USD">6158000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <ifrs-full:EarningsPerShareExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-50274"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below sets out the EPS calculation: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the year ended 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 341&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Basic EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.45&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.92&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.65&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit attributable to equity holders of AB&#160;InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 837&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 341&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares (diluted)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 018&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 044&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 054&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Diluted EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.39&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.60&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 410&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 061&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 158&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average number of ordinary and restricted shares&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 016&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Underlying EPS&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.73&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.53&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.05&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:EarningsPerShareExplanatory>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91423"
      unitRef="Unit_USD">6837000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91424"
      unitRef="Unit_USD">5855000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91425"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91426"
      unitRef="Unit_shares">1984000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91427"
      unitRef="Unit_shares">2003000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91428"
      unitRef="Unit_shares">2016000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="P01_01_2025To12_31_2025"
      decimals="2"
      id="ixv-91429"
      unitRef="Unit_USD_per_Share">3.45</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="P01_01_2024To12_31_2024"
      decimals="2"
      id="ixv-91430"
      unitRef="Unit_USD_per_Share">2.92</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="P01_01_2023To12_31_2023"
      decimals="2"
      id="ixv-91431"
      unitRef="Unit_USD_per_Share">2.65</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91432"
      unitRef="Unit_USD">6837000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91433"
      unitRef="Unit_USD">5855000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91434"
      unitRef="Unit_USD">5341000000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91435"
      unitRef="Unit_shares">2018000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91436"
      unitRef="Unit_shares">2044000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91437"
      unitRef="Unit_shares">2054000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedSharesDilutedFromContinuingOperations>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="P01_01_2025To12_31_2025"
      decimals="2"
      id="ixv-91438"
      unitRef="Unit_USD_per_Share">3.39</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="P01_01_2024To12_31_2024"
      decimals="2"
      id="ixv-91439"
      unitRef="Unit_USD_per_Share">2.86</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="P01_01_2023To12_31_2023"
      decimals="2"
      id="ixv-91440"
      unitRef="Unit_USD_per_Share">2.6</ifrs-full:DilutedEarningsLossPerShare>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91441"
      unitRef="Unit_USD">7410000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91442"
      unitRef="Unit_USD">7061000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91443"
      unitRef="Unit_USD">6158000000</bud:ProfitBeforeExceptionalItemsDiscontinuedOperationsMarktomarketLossesAndHyperinflationImpactsAttributableToEquityHoldersOfParentEntity>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91444"
      unitRef="Unit_shares">1984000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91445"
      unitRef="Unit_shares">2003000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91446"
      unitRef="Unit_shares">2016000000</bud:WeightedAverageNumberOfOrdinarySharesAndRestrictedShares>
    <bud:UnderlyingEarningsPerShare
      contextRef="P01_01_2025To12_31_2025"
      decimals="2"
      id="ixv-91447"
      unitRef="Unit_USD_per_Share">3.73</bud:UnderlyingEarningsPerShare>
    <bud:UnderlyingEarningsPerShare
      contextRef="P01_01_2024To12_31_2024"
      decimals="2"
      id="ixv-91448"
      unitRef="Unit_USD_per_Share">3.53</bud:UnderlyingEarningsPerShare>
    <bud:UnderlyingEarningsPerShare
      contextRef="P01_01_2023To12_31_2023"
      decimals="2"
      id="ixv-91449"
      unitRef="Unit_USD_per_Share">3.05</bud:UnderlyingEarningsPerShare>
    <bud:NumberOfAntidilutiveShareOptionsOutstanding
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91450"
      unitRef="Unit_pure">22000000</bud:NumberOfAntidilutiveShareOptionsOutstanding>
    <bud:NumberOfAntidilutiveShareOptionsOutstanding
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91451"
      unitRef="Unit_pure">40000000</bud:NumberOfAntidilutiveShareOptionsOutstanding>
    <bud:NumberOfAntidilutiveShareOptionsOutstanding
      contextRef="PAsOn12_31_2023"
      decimals="-6"
      id="ixv-91452"
      unitRef="Unit_pure">46000000</bud:NumberOfAntidilutiveShareOptionsOutstanding>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-50671"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;22. Interest-bearing loans and borrowings &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 199&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68 857&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 776&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 748&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;627&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;621&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;556&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;178&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;82&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;169&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;73 013&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 169&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;As of 31&#160;December 2025 , current and non-current interest-bearing loans and borrowings totaled 73.0 billion US dollar, compared to 72.2 billion USD as of 31&#160;December 2024. Further details on the company&#x2019;s exposure to interest rate and foreign currency risk are provided in &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Note 27 Risks arising from financial instruments.&lt;/div&gt;&lt;/div&gt; &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, the company had no outstanding balance under its commercial paper programs (31 December 2024: nil). The programs authorize issuances of up to USD 5.0 billion and EUR 3.0 billion, respectively. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In May 2025, Anheuser-Busch InBev NV/SA (&#x201c;ABISA&#x201d;) completed the issuance of the following series of bonds: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 82%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Issue date&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issuer&lt;br/&gt; (abbreviated)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Maturity&#160;date&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aggregate&lt;br/&gt; principal&#160;amount&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Coupon&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2033&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.375%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May&#160;2038&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 500&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.875%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2045&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;500&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.125%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Additionally, the company completed the tender offers of three series of notes issued by Anheuser-Busch InBev Worldwide Inc. (&#x201c;ABIWW&#x201d;), Anheuser-Busch Companies, LLC (&#x201c;ABC&#x201d;) and Anheuser-Busch InBev Finance Inc. (&#x201c;ABIFI&#x201d;) and repurchased 1.8 billion US dollar aggregate principal amount of these notes. The total principal amount repurchased in the tender offers is set out in the table below: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 68%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Date&#160;of&#160;repurchase&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issuer&lt;br/&gt; (abbreviated)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Title&#160;of&#160;series&#160;of&#160;notes&lt;br/&gt; partially repurchased&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Original&lt;br/&gt; principal&lt;br/&gt; amount&lt;br/&gt; outstanding&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Principal&lt;br/&gt; amount&lt;br/&gt; repurchased&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in&#160;million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Principal&lt;br/&gt; amount not&lt;br/&gt; repurchased&lt;br/&gt; (in&#160;million)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.750% Notes due 2029&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 321&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 929&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&#160;and&#160;ABC&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.900%&#160;Notes&#160;due&#160;2046&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 160&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;330&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 830&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.900% Notes due 2046&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 457&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;167&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 291&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;These tender offers were financed with cash. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In May 2025, the company announced that its wholly-owned subsidiary ABIWW exercised its option to redeem the entire outstanding principal amount of the series of notes presented in the table below, for an aggregate principal amount of 1.6 billion US dollar. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In October 2025, the company announced that ABISA and its wholly-owned subsidiaries ABIWW and ABC exercised their respective options to redeem the entire outstanding principal amounts of the series of notes presented in the table below, for an aggregate principal amount of 2.0 billion US dollar. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 74%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Date of redemption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issuer&lt;br/&gt; (abbreviated)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Title of series of notes&lt;br/&gt; redeemed&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Original&#160;principal&lt;br/&gt; amount&lt;br/&gt; outstanding&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Principal&#160;amount&lt;br/&gt; redeemed&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.000%&#160;Notes&#160;due&#160;2028&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 November 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.700% Notes due 2026&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;615&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;615&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&#160;and&#160;ABC&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.650% Notes due 2026&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 307&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 307&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net debt &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net debt is defined as non-current and current interest-bearing loans and borrowings and bank overdrafts minus debt securities and cash and cash equivalents. Net debt is a financial performance indicator that is used by AB InBev&#x2019;s management to highlight changes in the company&#x2019;s overall liquidity position. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;72 128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 720&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;885&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;73 013&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 169&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11 638)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11 174)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest bearing loans granted and other deposits (included within Trade and other receivables)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(116)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(99)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Debt securities (included within Investment securities)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(333)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(251)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60 941&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60 645&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s net debt increased to 60.9 billion US dollar as of 31&#160;December 2025, from 60.6 billion US dollar as of 31&#160;December 2024. In addition to operating results net of capital expenditures, the change in net debt primarily reflects the payment of interest and tax (5.9 billion US dollar), share buybacks by AB InBev and Ambev (2.6 billion US dollar), dividend payments to shareholders of AB InBev, Ambev and minorities (4.5 billion US dollar), and a foreign exchange impact on net debt (2.8 billion US dollar increase of net debt). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Reconciliation of liabilities arising from financing activities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below details the changes in the company&#x2019;s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the company&#x2019;s consolidated cash flow statement from financing activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Long-term&#160;debt,&#160;net&#160;of&lt;/div&gt;&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term&#160;debt&#160;and&lt;/div&gt;&lt;br/&gt; &#x2003;current&#160;portion&#160;of&#160;long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 665&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;735&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 442)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 419)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(499)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 271&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 535)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 535&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Long-term&#160;debt,&#160;net&#160;of&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Short-term debt and&lt;br/&gt; &#x2003;current&#160;portion&#160;of&#160;long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;74 163&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 987&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 337&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 036)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 259)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;416&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(698)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 583)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(165)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 302)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 302&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(338)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;152&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Long-term debt, net of&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Short-term debt and&lt;br/&gt; current portion of long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;78 880&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 029&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 004)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;686&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(458)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;909&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;83&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 113)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 113&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(316)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;74 163&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 987&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfBorrowingsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-50678">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 199&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68 857&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 776&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 748&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;139&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;627&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;621&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;556&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;178&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;82&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;169&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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    <bud:DisclosureOfDetailOfBondsIssuedExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-50953"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In May 2025, Anheuser-Busch InBev NV/SA (&#x201c;ABISA&#x201d;) completed the issuance of the following series of bonds: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aggregate&lt;br/&gt; principal&#160;amount&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Coupon&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2033&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.375%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May&#160;2038&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 500&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.875%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&#160;May 2045&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;500&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.125%&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailOfBondsIssuedExplanatory>
    <bud:BorrowingsIssuedDate
      contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      id="ixv-91483">19&#160;May 2025</bud:BorrowingsIssuedDate>
    <bud:Budnameofissuer
      contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      id="ixv-91484">ABISA</bud:Budnameofissuer>
    <ifrs-full:BorrowingsMaturity
      contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      id="ixv-91485">19&#160;May 2033</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsOriginalCurrency
      contextRef="P05_19_2025To05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      id="ixv-91486">EUR</ifrs-full:BorrowingsOriginalCurrency>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-91487"
      unitRef="Unit_USD">1250000000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRate
      contextRef="PAsOn05_19_2025_ThreePointThreeSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyThreeMemberifrsfullMaturityAxis"
      decimals="5"
      id="ixv-91488"
      unitRef="Unit_pure">0.03375</ifrs-full:BorrowingsInterestRate>
    <bud:BorrowingsIssuedDate
      contextRef="P05_19_2025To05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      id="ixv-91489">19&#160;May 2025</bud:BorrowingsIssuedDate>
    <bud:Budnameofissuer
      contextRef="P05_19_2025To05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      id="ixv-91490">ABISA</bud:Budnameofissuer>
    <ifrs-full:BorrowingsMaturity
      contextRef="P05_19_2025To05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      id="ixv-91491">19&#160;May&#160;2038</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsOriginalCurrency
      contextRef="P05_19_2025To05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      id="ixv-91492">EUR</ifrs-full:BorrowingsOriginalCurrency>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-91493"
      unitRef="Unit_USD">1500000000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRate
      contextRef="PAsOn05_19_2025_ThreePointEightSevenFivePercentBondsDueNineteenMayTwoThousandAndThirtyEightMemberifrsfullMaturityAxis"
      decimals="5"
      id="ixv-91494"
      unitRef="Unit_pure">0.03875</ifrs-full:BorrowingsInterestRate>
    <bud:BorrowingsIssuedDate
      contextRef="P05_19_2025To05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      id="ixv-91495">19&#160;May 2025</bud:BorrowingsIssuedDate>
    <bud:Budnameofissuer
      contextRef="P05_19_2025To05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      id="ixv-91496">ABISA</bud:Budnameofissuer>
    <ifrs-full:BorrowingsMaturity
      contextRef="P05_19_2025To05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      id="ixv-91497">19&#160;May 2045</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsOriginalCurrency
      contextRef="P05_19_2025To05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      id="ixv-91498">EUR</ifrs-full:BorrowingsOriginalCurrency>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-91499"
      unitRef="Unit_USD">500000000</ifrs-full:NotionalAmount>
    <ifrs-full:BorrowingsInterestRate
      contextRef="PAsOn05_19_2025_FourPointOneTwoFivePercentBondsDueNineteenMayTwoThousandAndFortyFiveMemberifrsfullMaturityAxis"
      decimals="5"
      id="ixv-91500"
      unitRef="Unit_pure">0.04125</ifrs-full:BorrowingsInterestRate>
    <bud:DisclosureOfDetailOfTenderOffersExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-51124"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Additionally, the company completed the tender offers of three series of notes issued by Anheuser-Busch InBev Worldwide Inc. (&#x201c;ABIWW&#x201d;), Anheuser-Busch Companies, LLC (&#x201c;ABC&#x201d;) and Anheuser-Busch InBev Finance Inc. (&#x201c;ABIFI&#x201d;) and repurchased 1.8 billion US dollar aggregate principal amount of these notes. The total principal amount repurchased in the tender offers is set out in the table below: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 68%;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Date&#160;of&#160;repurchase&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issuer&lt;br/&gt; (abbreviated)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Title&#160;of&#160;series&#160;of&#160;notes&lt;br/&gt; partially repurchased&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Original&lt;br/&gt; principal&lt;br/&gt; amount&lt;br/&gt; outstanding&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Principal&lt;br/&gt; amount&lt;br/&gt; repurchased&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in&#160;million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Principal&lt;br/&gt; amount not&lt;br/&gt; repurchased&lt;br/&gt; (in&#160;million)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.750% Notes due 2029&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 321&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 929&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&#160;and&#160;ABC&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.900%&#160;Notes&#160;due&#160;2046&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 160&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;330&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 830&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.900% Notes due 2046&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 457&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;167&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 291&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;These tender offers were financed with cash. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In May 2025, the company announced that its wholly-owned subsidiary ABIWW exercised its option to redeem the entire outstanding principal amount of the series of notes presented in the table below, for an aggregate principal amount of 1.6 billion US dollar. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In October 2025, the company announced that ABISA and its wholly-owned subsidiaries ABIWW and ABC exercised their respective options to redeem the entire outstanding principal amounts of the series of notes presented in the table below, for an aggregate principal amount of 2.0 billion US dollar. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 74%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="2" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Date of redemption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Issuer&lt;br/&gt; (abbreviated)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Title of series of notes&lt;br/&gt; redeemed&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Original&#160;principal&lt;br/&gt; amount&lt;br/&gt; outstanding&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Principal&#160;amount&lt;br/&gt; redeemed&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(in million)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;30 May 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.000%&#160;Notes&#160;due&#160;2028&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; background: none; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 November 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.700% Notes due 2026&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;EUR&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;615&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;615&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;ABIWW&#160;and&#160;ABC&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.650% Notes due 2026&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;USD&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 307&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: center; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 307&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailOfTenderOffersExplanatory>
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      contextRef="P05_30_2025To05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
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      contextRef="P05_30_2025To05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
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      contextRef="PAsOn05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
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      unitRef="Unit_pure">0.0475</bud:PercentageOfNotesRepurchased>
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      contextRef="P05_30_2025To05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
      id="ixv-91505">Notes due 2029</bud:NotesRepurchasedMaturityPeriod>
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      contextRef="P05_30_2025To05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">1321000000</bud:BorrowingsPrincipalAmountRepurchased>
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      contextRef="PAsOn05_30_2025_FourPointSevenFivePercentageNotesDueTwoThousandTwentyNineMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">2929000000</bud:BorrowingPrincipalAmountNotRepurchased>
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      contextRef="P05_30_2025To05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis"
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      unitRef="Unit_pure">0.049</bud:PercentageOfNotesRepurchased>
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      id="ixv-91512">Notes&#160;due&#160;2046</bud:NotesRepurchasedMaturityPeriod>
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      contextRef="P05_30_2025To05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis"
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      contextRef="PAsOn05_30_2025_FourPointNinePercentageNotesDueTwoThousandFortySixMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">167000000</bud:BorrowingsPrincipalAmountRepurchased>
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      contextRef="P05_30_2025To05_30_2025_FourPointZeroPercentageNotesDueTwoThousandTwentyEightMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">1632000000</bud:BorrowingsPrincipalAmountRepurchased>
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      contextRef="P11_18_2025To11_18_2025_TwoPointSevenPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis"
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      contextRef="P12_29_2025To12_29_2025_ThreePointSixFiveZeroPercentageNotesDueTwoThousandTwentySixMemberifrsfullMaturityAxis"
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;72 128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 720&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;885&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial; width: 1%;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;73 013&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 169&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11 638)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11 174)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest bearing loans granted and other deposits (included within Trade and other receivables)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(116)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(99)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Debt securities (included within Investment securities)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(333)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(251)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; width: 1%;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 96%;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); width: 1%;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60 941&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60 645&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; width: 1%;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfReconciliationOfNetCashFlowToMovementInNetDebtExplanatory>
    <bud:NonCurrentPortionOfLongTermBorrowings
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91540"
      unitRef="Unit_USD">72128000000</bud:NonCurrentPortionOfLongTermBorrowings>
    <bud:NonCurrentPortionOfLongTermBorrowings
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91541"
      unitRef="Unit_USD">70720000000</bud:NonCurrentPortionOfLongTermBorrowings>
    <ifrs-full:ShorttermBorrowings
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91542"
      unitRef="Unit_USD">885000000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91543"
      unitRef="Unit_USD">1449000000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:Borrowings
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91544"
      unitRef="Unit_USD">73013000000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91545"
      unitRef="Unit_USD">72169000000</ifrs-full:Borrowings>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91546"
      unitRef="Unit_USD">14000000</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91547"
      unitRef="Unit_USD">0</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91548"
      unitRef="Unit_USD">11638000000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91549"
      unitRef="Unit_USD">11174000000</ifrs-full:CashAndCashEquivalents>
    <bud:InterestBearingLoansGrantedAndOtherDeposits
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91550"
      unitRef="Unit_USD">116000000</bud:InterestBearingLoansGrantedAndOtherDeposits>
    <bud:InterestBearingLoansGrantedAndOtherDeposits
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91551"
      unitRef="Unit_USD">99000000</bud:InterestBearingLoansGrantedAndOtherDeposits>
    <ifrs-full:DebtSecurities
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91552"
      unitRef="Unit_USD">333000000</ifrs-full:DebtSecurities>
    <ifrs-full:DebtSecurities
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91553"
      unitRef="Unit_USD">251000000</ifrs-full:DebtSecurities>
    <ifrs-full:NetDebt
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91554"
      unitRef="Unit_USD">60941000000</ifrs-full:NetDebt>
    <ifrs-full:NetDebt
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91555"
      unitRef="Unit_USD">60645000000</ifrs-full:NetDebt>
    <bud:NetIncreasedDecreasedDebt
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-8"
      id="ixv-91556"
      unitRef="Unit_USD">60900000000</bud:NetIncreasedDecreasedDebt>
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      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-8"
      id="ixv-91557"
      unitRef="Unit_USD">60600000000</bud:NetIncreasedDecreasedDebt>
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      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-8"
      id="ixv-91558"
      unitRef="Unit_USD">5900000000</bud:PaymentOfInterestsAndTaxes>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-8"
      id="ixv-91559"
      unitRef="Unit_USD">2600000000</ifrs-full:PurchaseOfTreasuryShares>
    <ifrs-full:DividendPayables
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-8"
      id="ixv-91560"
      unitRef="Unit_USD">4500000000</ifrs-full:DividendPayables>
    <ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset
      contextRef="P01_01_2025To12_31_2025"
      decimals="-8"
      id="ixv-91561"
      unitRef="Unit_USD">2800000000</ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset>
    <ifrs-full:DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-51737"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below details the changes in the company&#x2019;s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the company&#x2019;s consolidated cash flow statement from financing activities. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Long-term&#160;debt,&#160;net&#160;of&lt;/div&gt;&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term&#160;debt&#160;and&lt;/div&gt;&lt;br/&gt; &#x2003;current&#160;portion&#160;of&#160;long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 665&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;735&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 442)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 419)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(499)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 271&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 535)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 535&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Long-term&#160;debt,&#160;net&#160;of&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Short-term debt and&lt;br/&gt; &#x2003;current&#160;portion&#160;of&#160;long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;74 163&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 987&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 337&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 036)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 259)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;416&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(698)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 583)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(165)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 302)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 302&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(338)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;152&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Long-term debt, net of&lt;br/&gt; current portion&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Short-term debt and&lt;br/&gt; current portion of long-&lt;br/&gt; term debt&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;78 880&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 029&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Proceeds from borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;143&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Repayments of borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 004)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capitalization / (payment) of lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;686&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(458)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amortized cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unrealized foreign exchange effects&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;909&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;83&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current portion of long-term debt&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 113)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 113&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Gain)/Loss on bond redemption and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(316)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December 2023&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;74 163&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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    <ifrs-full:DisclosureOfEmployeeBenefitsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-52403"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23. Pensions and similar obligations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB&#160;InBev sponsors various post-employment benefit plans worldwide, which include both defined contribution plans, defined benefit plans, and other post-employment benefits. In accordance with IAS 19 Employee Benefits post-employment benefit plans are classified as either defined contribution plans or defined benefit plans. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;DEFINED CONTRIBUTION PLANS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 11pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For defined contribution plans, AB InBev pays contributions to publicly or privately administered pension funds or insurance contracts. Once the contributions have been paid, the group has no further payment obligation. The regular contributions constitute an expense for the year in which they are due. For 2025, contributions paid into defined contribution plans for the company amounted to 178m US dollar compared to 183m US dollar for 2024 and 166m US dollar for 2023. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;DEFINED BENEFIT PLANS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During 2025, the company contributed to 82 defined benefit plans, of which 64 are retirement or leaving service plans, 14 are medical cost plans and 4 other long-term employee benefit plans. Most plans provide retirement and leaving service benefits related to pay and years of service. In many of the countries the plans are partially funded. When plans are funded, the assets are held in legally separate funds set up in accordance with applicable legal requirements and common practice in each country. The medical cost plans in Brazil, Canada, Colombia, South Africa and US provide medical benefits to employees and their families after retirement. Many of the defined benefit plans are closed to new entrants. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The present value of funded obligations includes a 105m US dollar liability related to two medical plans in Brazil, for which the benefits are provided through the Funda&#xe7;&#xe3;o Antonio Helena Zerrenner (&#x201c;FAHZ&#x201d;). The FAHZ is a legally distinct entity which provides medical, dental, educational and social assistance to current and retired employees of Ambev. As at 31&#160;December 2025, the actuarial liabilities related to the benefits provided by the FAHZ are fully offset by an equivalent amount of assets existing in the fund. The net liability recognized in the statement of financial position is nil. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The employee benefit net liability amounts to 1 125m US dollar as of 31&#160;December 2025 compared to 1 254m US dollar as of 31&#160;December 2024. In 2025, the fair value of the plan assets increased by 304m US dollar and the defined benefit obligations increased by 139m US dollar. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company&#x2019;s net liability for post-employment and long-term employee benefit plans comprises the following:&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of funded obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 209)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 090)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Fair value of plan assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 851&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 547&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of net obligations for funded plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(543)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of unfunded obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(562)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(542)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of net obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(920)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 085)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Unrecognized asset&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(95)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(63)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net liability&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 015)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 148)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other long term employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(110)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 125)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 254)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Employee benefits amounts in the statement of financial position:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 275)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 296)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net liability&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 125)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 254)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the present value of the defined benefit obligations are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Defined benefit obligation at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 632)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 403)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 191)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current service costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(275)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(282)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(302)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Past service gain/(cost)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Benefits paid&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;389&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;432&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;469&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contribution by plan participants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actuarial gains/(losses) &#x2013; demographic assumptions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actuarial gains/(losses) &#x2013; financial assumptions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;35&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;267&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(220)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Experience adjustments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(271)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(182)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Defined benefit obligation at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 771)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 632)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 403)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of the last valuation date, the present value of the defined benefit obligation was comprised of approximately 1.0 billion US dollar relating to active employees, 0.8 billion US dollar relating to deferred members and 3.0 billion US dollar relating to members in retirement. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the fair value of plan assets are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value of plan assets at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 547&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 882&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 807&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;208&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;199&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;217&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Return on plan assets exceeding interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions by AB InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;274&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;267&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions by plan participants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Benefits paid net of administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(389)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(432)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(469)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Assets distributed on settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(130)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(97)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(200)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value of plan assets at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 851&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 547&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 882&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actual return on plans assets amounted to a gain of 271m US dollar in 2025 compared to a gain of 173m US dollar in 2024. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the unrecognized asset are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Irrecoverable surplus impact at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(43)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Changes excluding amounts included in interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Irrecoverable surplus impact at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(95)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The expense recognized in the income statement with regards to defined benefit plans can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current service costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Past service cost due to plan amendments, curtailments or settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Losses)/gains due to experience and demographic assumption changes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(65)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(61)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total employee benefit expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(139)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(151)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(150)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The employee benefit expense is included in the following line items of the income statement: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total employee benefit expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(139)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(151)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(150)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average assumptions used in computing the benefit obligations of the company&#x2019;s significant plans at the reporting date are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="24" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; States&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Canada&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Mexico&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Brazil&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; &#x2003;&#x2003;&#x2003;Kingdom&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;AB&#160;InBev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;5.5&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.0%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;2.0&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future pension increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;6.3&lt;/div&gt;%-&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5&lt;/div&gt;%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.3%-6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old male&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old female&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="24" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; States&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Canada&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Mexico&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Brazil&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; &#x2003;&#x2003;&#x2003;Kingdom&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;AB&#160;InBev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;5.7&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.0%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;2.0&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;6.7%-3.9%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future pension increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.8%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;6.5%-4.5%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;6.3%-5.9%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old male&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old female&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Through its defined benefit pension plans and post-employment medical plans, the company is exposed to a number of risks, the most significant are detailed below:&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;INVESTMENT STRATEGY &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In case of funded plans, the company ensures that the investment positions are managed within an asset-liability matching (ALM) framework that has been developed to achieve long-term investments that are in line with the obligations under the pension schemes. Within this framework, the company&#x2019;s ALM objective is to match assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit payments as they fall due and in the appropriate currency. The company actively monitors how the duration and the expected yield of the investments are matching the expected cash outflows arising from the pension obligation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ASSET VOLATILITY &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In general, the company&#x2019;s funded plans are invested in a combination of equities, bonds and real estate, generating high but volatile returns from equities and at the same time stable and liability-matching returns from bonds. As the plans mature, the company usually reduces the level of investment risk by investing more in assets that better match the liabilities. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;CHANGES IN BOND YIELDS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;An increase in bond yields will decrease plan liabilities, although this will be partially offset by a decrease in the value of the plans&#x2019; bond holdings. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;INFLATION RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Some of the company&#x2019;s pension obligations, mainly in the UK, are linked to inflation, and higher inflation will lead to higher liabilities. The majority of the plan&#x2019;s assets are either unaffected by or loosely correlated with inflation, meaning that an increase in inflation could potentially increase the company&#x2019;s net benefit obligation. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;LIFE EXPECTANCY &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The majority of the plans&#x2019; obligations are to provide benefits for the life of the member, so increases in life expectancy will result in an increase in the plans&#x2019; liabilities. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The weighted average duration of the defined benefit obligation in 2025 is 9.8 years (2024: 10.5 years). An increase in bond yields reduces the average duration. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 93%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Increase&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Decrease&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(217&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(96)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mortality&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;One&#160;year&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;130&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The above are purely hypothetical changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein will often affect multiple assumptions at the same time and the effects of changes in key assumptions are not linear. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sensitivities are reasonably possible changes in assumptions, and they are calculated using the same approach as was used to determine the defined benefit obligation. Therefore, the above information is not necessarily a reasonable representation of future results. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of plan assets at 31&#160;December consists of the following: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Quoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Unquoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Quoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Unquoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government bonds&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corporate bonds&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity instruments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;22%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&#x2007;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Insurance contracts and others&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB&#160;InBev expects to contribute approximately 103m US dollar for its funded defined benefit plans and 81m US dollar in benefit payments to its unfunded defined benefit plans and post-retirement medical plans in 2026. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfEmployeeBenefitsExplanatory>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91616"
      unitRef="Unit_USD">178000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91617"
      unitRef="Unit_USD">183000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91618"
      unitRef="Unit_USD">166000000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <bud:NumberOfPostemploymentBenefitDefinedBenefitPlans
      contextRef="P01_01_2025To12_31_2025"
      decimals="INF"
      id="ixv-91619"
      unitRef="Unit_pure">82</bud:NumberOfPostemploymentBenefitDefinedBenefitPlans>
    <bud:NumberOfPostemploymentBenefitDefinedBenefitPlans
      contextRef="P01_01_2025To12_31_2025_RetirementOrLeavingServicePlansMemberifrsfullDefinedBenefitPlansAxis"
      decimals="INF"
      id="ixv-91620"
      unitRef="Unit_pure">64</bud:NumberOfPostemploymentBenefitDefinedBenefitPlans>
    <bud:NumberOfPostemploymentBenefitDefinedBenefitPlans
      contextRef="P01_01_2025To12_31_2025_MedicalCostPlansMemberifrsfullDefinedBenefitPlansAxis"
      decimals="INF"
      id="ixv-91621"
      unitRef="Unit_pure">14</bud:NumberOfPostemploymentBenefitDefinedBenefitPlans>
    <bud:NumberOfPostemploymentBenefitDefinedBenefitPlans
      contextRef="P01_01_2025To12_31_2025_OtherLongTermEmployeeBenefitPlansMemberifrsfullDefinedBenefitPlansAxis"
      decimals="INF"
      id="ixv-91622"
      unitRef="Unit_pure">4</bud:NumberOfPostemploymentBenefitDefinedBenefitPlans>
    <ifrs-full:DefinedBenefitObligationAtPresentValue
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis_MedicalCostPlansMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91623"
      unitRef="Unit_USD">105000000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91624"
      unitRef="Unit_USD">1125000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91625"
      unitRef="Unit_USD">1254000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <bud:IncreaseDecreaseInFairValueOfPlanAssets
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91626"
      unitRef="Unit_USD">304000000</bud:IncreaseDecreaseInFairValueOfPlanAssets>
    <bud:IncreaseDecreaseInDefinedBenefitObligations
      contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91627"
      unitRef="Unit_USD">139000000</bud:IncreaseDecreaseInDefinedBenefitObligations>
    <ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-52426"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company&#x2019;s net liability for post-employment and long-term employee benefit plans comprises the following:&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of funded obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 209)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 090)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Fair value of plan assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 851&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 547&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of net obligations for funded plans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(543)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of unfunded obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(562)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(542)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Present value of net obligations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(920)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 085)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Unrecognized asset&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(95)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(63)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net liability&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 015)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 148)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Other long term employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(110)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 125)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 254)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Employee benefits amounts in the statement of financial position:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 275)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 296)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net liability&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 125)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 254)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory>
    <ifrs-full:DefinedBenefitObligationAtPresentValue
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91628"
      unitRef="Unit_USD">4209000000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91629"
      unitRef="Unit_USD">4090000000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:PlanAssetsAtFairValue
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91630"
      unitRef="Unit_USD">3851000000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91631"
      unitRef="Unit_USD">3547000000</ifrs-full:PlanAssetsAtFairValue>
    <bud:SurplusDeficitInFundedPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91632"
      unitRef="Unit_USD">-358000000</bud:SurplusDeficitInFundedPlan>
    <bud:SurplusDeficitInFundedPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91633"
      unitRef="Unit_USD">-543000000</bud:SurplusDeficitInFundedPlan>
    <bud:SurplusDeficitInUnfundedPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91634"
      unitRef="Unit_USD">-562000000</bud:SurplusDeficitInUnfundedPlan>
    <bud:SurplusDeficitInUnfundedPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91635"
      unitRef="Unit_USD">-542000000</bud:SurplusDeficitInUnfundedPlan>
    <ifrs-full:SurplusDeficitInPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91636"
      unitRef="Unit_USD">-920000000</ifrs-full:SurplusDeficitInPlan>
    <ifrs-full:SurplusDeficitInPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91637"
      unitRef="Unit_USD">-1085000000</ifrs-full:SurplusDeficitInPlan>
    <bud:IrrecoverableSurplus
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91638"
      unitRef="Unit_USD">-95000000</bud:IrrecoverableSurplus>
    <bud:IrrecoverableSurplus
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91639"
      unitRef="Unit_USD">-63000000</bud:IrrecoverableSurplus>
    <bud:DefinedBenefitObligationExcludingIrrecoverableSurplus
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91640"
      unitRef="Unit_USD">1015000000</bud:DefinedBenefitObligationExcludingIrrecoverableSurplus>
    <bud:DefinedBenefitObligationExcludingIrrecoverableSurplus
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91641"
      unitRef="Unit_USD">1148000000</bud:DefinedBenefitObligationExcludingIrrecoverableSurplus>
    <ifrs-full:OtherLongtermProvisions
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91642"
      unitRef="Unit_USD">110000000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91643"
      unitRef="Unit_USD">106000000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91644"
      unitRef="Unit_USD">1125000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91645"
      unitRef="Unit_USD">1254000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91646"
      unitRef="Unit_USD">1275000000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91647"
      unitRef="Unit_USD">1296000000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91648"
      unitRef="Unit_USD">150000000</ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan>
    <ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91649"
      unitRef="Unit_USD">42000000</ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91650"
      unitRef="Unit_USD">1125000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91651"
      unitRef="Unit_USD">1254000000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-52800">&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the present value of the defined benefit obligations are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Defined benefit obligation at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 632)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 403)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 191)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current service costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(275)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(282)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(302)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Past service gain/(cost)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Benefits paid&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;389&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;432&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;469&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contribution by plan participants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actuarial gains/(losses) &#x2013; demographic assumptions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Actuarial gains/(losses) &#x2013; financial assumptions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;35&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;267&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(220)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Experience adjustments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(271)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(182)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Defined benefit obligation at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 771)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 632)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 403)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The changes in the fair value of plan assets are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value of plan assets at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 547&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 882&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 807&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;208&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;199&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;217&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Return on plan assets exceeding interest income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;63&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions by AB InBev&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;274&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;267&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contributions by plan participants&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Benefits paid net of administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(389)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(432)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(469)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Assets distributed on settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(130)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(97)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exchange differences&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(200)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Transfers and other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value of plan assets at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 851&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 547&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 882&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory>
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&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Irrecoverable surplus impact at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(43)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Changes excluding amounts included in interest expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Irrecoverable surplus impact at 31&#160;December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(95)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(38)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfChangesInUnrecognizedAssetsOfDefinedBenefitPlansExplanatory>
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      decimals="-6"
      id="ixv-91729"
      unitRef="Unit_USD">-63000000</bud:IrrecoverableSurplus>
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      contextRef="PAsOn12_31_2023"
      decimals="-6"
      id="ixv-91730"
      unitRef="Unit_USD">-38000000</bud:IrrecoverableSurplus>
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      contextRef="PAsOn12_31_2022"
      decimals="-6"
      id="ixv-91731"
      unitRef="Unit_USD">-43000000</bud:IrrecoverableSurplus>
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      decimals="-6"
      id="ixv-91732"
      unitRef="Unit_USD">-7000000</bud:IrrecoverableSurplusInterestExpense>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91733"
      unitRef="Unit_USD">-4000000</bud:IrrecoverableSurplusInterestExpense>
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      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91734"
      unitRef="Unit_USD">-4000000</bud:IrrecoverableSurplusInterestExpense>
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      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91735"
      unitRef="Unit_USD">25000000</bud:IrrecoverableSurplusChange>
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      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91736"
      unitRef="Unit_USD">21000000</bud:IrrecoverableSurplusChange>
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      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91737"
      unitRef="Unit_USD">-9000000</bud:IrrecoverableSurplusChange>
    <bud:IrrecoverableSurplus
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-91738"
      unitRef="Unit_USD">-95000000</bud:IrrecoverableSurplus>
    <bud:IrrecoverableSurplus
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-91739"
      unitRef="Unit_USD">-63000000</bud:IrrecoverableSurplus>
    <bud:IrrecoverableSurplus
      contextRef="PAsOn12_31_2023"
      decimals="-6"
      id="ixv-91740"
      unitRef="Unit_USD">-38000000</bud:IrrecoverableSurplus>
    <bud:DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-53732"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The expense recognized in the income statement with regards to defined benefit plans can be detailed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current service costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Administration costs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(16)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Past service cost due to plan amendments, curtailments or settlements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;(Losses)/gains due to experience and demographic assumption changes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(65)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(63)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(61)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total employee benefit expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(139)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(151)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(150)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationOnEmployeeBenefitsExpenseExplanatory>
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      id="ixv-91744"
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      decimals="-6"
      id="ixv-91753"
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      contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
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      unitRef="Unit_USD">-63000000</bud:EmployeeBenefitsExpenseProfitLossFromOperations>
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      contextRef="P01_01_2025To12_31_2025_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
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      contextRef="P01_01_2024To12_31_2024_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
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      contextRef="P01_01_2023To12_31_2023_DefinedBenefitPlanMemberifrsfullDefinedBenefitPlansAxis"
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Distribution expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Sales and marketing expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Net finance cost&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px; white-space: nowrap;display:inline;"&gt;Total employee benefit expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(139)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(151)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(150)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationOnEmployeeBenefitExpenseIncludedInStatementOfIncomeExplanatory>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91762"
      unitRef="Unit_USD">20000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91763"
      unitRef="Unit_USD">20000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_CostOfSalesGoodsMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91764"
      unitRef="Unit_USD">18000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_DistributionExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91765"
      unitRef="Unit_USD">8000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_DistributionExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91766"
      unitRef="Unit_USD">10000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_DistributionExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91767"
      unitRef="Unit_USD">9000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91768"
      unitRef="Unit_USD">14000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91769"
      unitRef="Unit_USD">14000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_SalesAndMarketingExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91770"
      unitRef="Unit_USD">14000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_AdministrativeExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91771"
      unitRef="Unit_USD">23000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_AdministrativeExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91772"
      unitRef="Unit_USD">18000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_AdministrativeExpensesMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91773"
      unitRef="Unit_USD">21000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025_NetFinanceCostMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91774"
      unitRef="Unit_USD">74000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024_NetFinanceCostMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91775"
      unitRef="Unit_USD">88000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023_NetFinanceCostMemberBUDExpenseCategoriesAxis"
      decimals="-6"
      id="ixv-91776"
      unitRef="Unit_USD">88000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91777"
      unitRef="Unit_USD">139000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91778"
      unitRef="Unit_USD">151000000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91779"
      unitRef="Unit_USD">150000000</ifrs-full:EmployeeBenefitsExpense>
    <bud:DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-54220"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Weighted average assumptions used in computing the benefit obligations of the company&#x2019;s significant plans at the reporting date are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="24" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; States&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Canada&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Mexico&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Brazil&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; &#x2003;&#x2003;&#x2003;Kingdom&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;AB&#160;InBev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;5.5&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.0%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;2.0&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future pension increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;6.3&lt;/div&gt;%-&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5&lt;/div&gt;%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.3%-6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old male&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old female&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="24" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="22" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; States&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Canada&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Mexico&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Brazil&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;United&lt;br/&gt; &#x2003;&#x2003;&#x2003;Kingdom&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;AB&#160;InBev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial; white-space: nowrap;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;5.7&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6.0%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;2.0&lt;/div&gt;%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;6.7%-3.9%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3.6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future pension increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2.8%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="white-space: nowrap;display:inline;"&gt;6.5%-4.5%&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;6.3%-5.9%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old male&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;85&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;86&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Life expectation for a 65-year old female&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDefinedBenefitObligationWeightedAverageAssumptionsExplanatory>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91780"
      unitRef="Unit_pure">0.055</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91781"
      unitRef="Unit_pure">0.047</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91782"
      unitRef="Unit_pure">0.093</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91783"
      unitRef="Unit_pure">0.11</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91784"
      unitRef="Unit_pure">0.055</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91785"
      unitRef="Unit_pure">0.06</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_USifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91786"
      unitRef="Unit_pure">0.02</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91787"
      unitRef="Unit_pure">0.02</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91788"
      unitRef="Unit_pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91789"
      unitRef="Unit_pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91790"
      unitRef="Unit_pure">0.027</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91791"
      unitRef="Unit_pure">0.025</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91792"
      unitRef="Unit_pure">0.01</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91793"
      unitRef="Unit_pure">0.043</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91794"
      unitRef="Unit_pure">0.041</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91795"
      unitRef="Unit_pure">0.037</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91796"
      unitRef="Unit_pure">0.02</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="PAsOn12_31_2025_MXifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91797"
      unitRef="Unit_pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91798"
      unitRef="Unit_pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="PAsOn12_31_2025_GBifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91799"
      unitRef="Unit_pure">0.027</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91800"
      unitRef="Unit_pure">0.026</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91801"
      unitRef="Unit_pure">0.063</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis_USifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91802"
      unitRef="Unit_pure">0.045</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="PAsOn12_31_2025_CAifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91803"
      unitRef="Unit_pure">0.045</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="PAsOn12_31_2025_BRifrsfullGeographicalAreasAxis"
      decimals="3"
      id="ixv-91804"
      unitRef="Unit_pure">0.071</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullGeographicalAreasAxis_TopOfRangeMemberifrsfullRangeAxis"
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      id="ixv-91805"
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    <ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-55205"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The sensitivity of the defined benefit obligation to changes in the weighted principal assumptions is: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 93%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Increase&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Decrease&#160;in&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;&#x2003;&#x2003;assumption&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Discount rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(217&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Price inflation&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(96)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Future salary increases&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Medical cost trend rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mortality&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;One&#160;year&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;130&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory>
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      decimals="3"
      id="ixv-91861"
      unitRef="Unit_pure">0.005</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
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      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfDiscountRatesMemberifrsfullActuarialAssumptionsAxis"
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      id="ixv-91862"
      unitRef="Unit_USD">-217000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfDiscountRatesMemberifrsfullActuarialAssumptionsAxis"
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      id="ixv-91863"
      unitRef="Unit_USD">236000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
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      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis"
      decimals="3"
      id="ixv-91864"
      unitRef="Unit_pure">0.005</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91865"
      unitRef="Unit_USD">97000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfPriceInflationMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91866"
      unitRef="Unit_USD">-96000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis"
      decimals="3"
      id="ixv-91867"
      unitRef="Unit_pure">0.005</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91868"
      unitRef="Unit_USD">19000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91869"
      unitRef="Unit_USD">-18000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis"
      decimals="3"
      id="ixv-91870"
      unitRef="Unit_pure">0.005</ifrs-full:PercentageOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91871"
      unitRef="Unit_USD">20000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActuarialAssumptionOfMedicalCostTrendRatesMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91872"
      unitRef="Unit_USD">-17000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <bud:LongevityOfReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="P01_01_2025To12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis"
      id="ixv-91873">One&#160;year</bud:LongevityOfReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91874"
      unitRef="Unit_USD">130000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_ActualAssumptionOfMortalityRateMemberifrsfullActuarialAssumptionsAxis"
      decimals="-6"
      id="ixv-91875"
      unitRef="Unit_USD">-132000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:DisclosureOfFairValueOfPlanAssetsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-55396"> &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The fair value of plan assets at 31&#160;December consists of the following: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Quoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Unquoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Quoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;Unquoted&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 9pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Government bonds&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37%&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corporate bonds&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;36%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity instruments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;22%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Property&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2007;&#x2002;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&#x2007;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Insurance contracts and others&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100%&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfFairValueOfPlanAssetsExplanatory>
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      unitRef="Unit_pure">0.90</bud:DefinedBenefitPlanAssetsTargetAllocationPercentage>
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      contextRef="P01_01_2024To12_31_2024_UnquotedPlanAssetsMemberifrsfullLevelsOfFairValueHierarchyAxis"
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      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-91905"
      unitRef="Unit_pure">1</bud:DefinedBenefitPlanAssetsTargetAllocationPercentage>
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      contextRef="P01_01_2025To12_31_2025_FundedDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis"
      decimals="-6"
      id="ixv-91906"
      unitRef="Unit_USD">103000000</ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan>
    <ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan
      contextRef="P01_01_2025To12_31_2025_UnfundedDefinedBenefitPlansAndPostRetirementMedicalPlansMemberifrsfullDefinedBenefitPlansAxis"
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      id="ixv-91907"
      unitRef="Unit_USD">81000000</ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan>
    <ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-55870"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;24. Share-based payments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Different share-based programs allow company senior management and members of the board of directors to receive or acquire shares of AB InBev, Ambev or Budweiser APAC. AB InBev has three primary share-based compensation plans: the share-based compensation plan (&#x201c;Share-Based Compensation Plan&#x201d;), the long-term restricted stock unit plan for directors (&#x201c;RSU Plan for Directors&#x201d;), and the various long-term incentive plan for executives (&#x201c;LTI Plan Executives&#x201d;). These share-based payment programs relate to either AB InBev shares or American Depository Shares (&#x201c;ADSs&#x201d;) as underlying equity instruments. All the company share-based payment plans are equity-settled. Amounts have been converted to US dollar at the average rate of the period, unless otherwise indicated. Share-based payment transactions resulted in a total expense of 625m US dollar for 2025, as compared to 644m US dollar for 2024 and 570m US dollar for 2023. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB INBEV SHARE-BASED COMPENSATION PROGRAMS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Share-Based Compensation Plan for Executives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Under this plan, members of the Executive Committee and other senior employees receive their bonus in cash but have the choice to invest some or all of the value of their bonus in AB InBev shares, referred to as voluntary shares. The voluntary shares are entitled to dividends from the date of grant and are subject to a lock-up period of three years. They are granted at market price, to which a discount of up to 20% is applied. The discount is delivered in the form of RSUs (Discounted Shares). Executives who invest in Voluntary Shares also receive one and a half matching shares for each voluntary share invested up to a limited total percentage of each executive&#x2019;s variable compensation. These matching shares are also delivered in the form of RSUs (Matching Shares). The RSUs relating to the Matching Shares and the Discounted Shares vest over a three or five-year period and are subject to specific restrictions or forfeiture provisions in the event of termination of service. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During 2025, AB InBev issued 2.1m discounted and matching RSUs in relation to bonuses granted to company employees and management (2024: 1.6m discounted and matching RSUs). These discounted and matching RSUs represent a fair value of approximately 128m US dollar (2024: 94m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;RSU Plan for Directors &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The remuneration of the directors comprises a fixed cash fee component and a share-based component. The share-based portion of the remuneration of the directors of the company is granted in the form of RSUs that vest after five years and, upon vesting, entitle their holders to one AB InBev share per RSU. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During 2025, 0.1m RSUs with an estimated fair value of 4m US dollar were granted to directors (2024: 0.1m with an estimated fair value of 4m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Annual LTI Plans for Executives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Subject to management&#x2019;s assessment of the executive&#x2019;s performance and future potential, members of senior management may be eligible for an annual long-term incentive to be paid out in RSUs, Performance Stock Units (&#x201c;PSUs&#x201d;) and/or stock options. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;"&gt;Long-term Incentive RSUs&lt;/div&gt;: They cliff vest over a three or five-year period. Upon vesting, each RSU entitles its holder to acquire one share. During 2025, AB InBev issued 3.1m RSUs with an estimated fair value of 191m US dollar under this plan (2024: 4.4m RSUs with an estimated fair value of 239m US dollar under this plan). Out of these RSUs, 0.2m RSUs were granted to members of the Executive Committee (2024: 0.5m RSUs). &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;"&gt;Long-term PSUs&lt;/div&gt;: They cliff vest over a three-year period. Upon vesting of the PSUs, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#x2019;s three-year Total Shareholder Return (&#x201c;TSR&#x201d;) relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, 0.4m PSUs were granted to Executives with an estimated fair value of 35m US dollar (2024: 0.8m PSUs with an estimated fair value of 45m US dollar under this plan). Out of these PSUs, 60&#160;thousand PSUs were granted to members of the Executive Committee (2024: 134&#160;thousand PSUs). &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exceptional LTI Plans for Executives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs, PSUs or stock options may be granted from time to time to members of the senior management of the company, who have made a significant contribution to the success of the company (achieving the growth agenda, specific acquisitions, etc.). Vesting of such RSUs, PSUs or stock options may be subject to achievement of performance conditions which will be related to the objectives of such exceptional grants. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During 2025 and 2024, no exceptional grants were made to Executives. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other Recurring LTI RSU Plans for Executives &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev has specific recurring long-term RSU incentive programs in place, including: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;A &lt;div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;"&gt;base long-term RSUs program&lt;/div&gt; allowing for the offer of RSUs to members of the company&#x2019;s senior management. In addition to the annual Long-term RSUs described above, under this program, RSUs can be granted under other sub-plans with specific terms and conditions and for specific purposes, e.g., for special retention incentives or to compensate for assignments of expatriates in certain countries. In most cases, the RSUs vest after three or five years without a performance test and in the event of termination of service before the vesting date, specific forfeiture rules apply. The Board may set different vesting periods for specific sub-plans or introduce performance tests in line with the company&#x2019;s high-performance culture and the creation of long-term sustainable value for its shareholders. In 2025, 0.7m RSUs with a three- or five-year vesting and an estimated fair value of 42m US dollar and 2.9m RSUs with a performance test, five-year vesting and an estimated fair value of 62m US dollar were granted under this program (2024: 0.2m RSUs with an estimated fair value of 12m US dollar). Out of these RSUs, 0.9 m RSUs were granted to members of the Executive Committee (2024: nil). &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other disclosures for Share-based payments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;No stock options were granted in 2023, 2024 and 2025. The total number of outstanding AB InBev options developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million options&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69.2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;75.8&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;83.2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options exercised during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2.2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options lapsed during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.6)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43.4&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;69.2&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;75.8&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The range of exercise prices of the outstanding options is between 40.40 euro (47.47 US dollar)&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:7.5px"&gt;1&lt;/div&gt; and 113.25 euro (133.07 US dollar) while the weighted average remaining contractual life is 3.5 years. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All outstanding options are vested at 31&#160;December 2025. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The weighted average exercise price of the AB InBev options is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amounts in US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79.46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76.04&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercised during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47.47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29.96&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;113.00&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;75.45&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;67.66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lapsed during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129.02&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102.10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;96.27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79.46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercisable at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93.25&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108.11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding AB InBev RSUs and PSUs developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million RSU and PSUs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31.2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs issued during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs vested during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(0.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;29.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AMBEV SHARE-BASED COMPENSATION PROGRAMS &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Share-Based Compensation Plan &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev has a Share-based compensation plan in place under which different RSU or PSU grant programs may be issued periodically, allowing members of Management and other executives to receive Ambev shares for bonuses granted and other rewards. The vesting period is &lt;div style="display:inline;"&gt;&lt;div style="-sec-ix-hidden:hidden155771794;display:inline;"&gt;three&lt;/div&gt;&lt;/div&gt; or five years. Under this plan, Ambev issued 33.9m RSUs and PSUs in 2025 with an estimated fair value of 79m US dollar (2024: 25.6m RSUs and PSUs with an estimated fair value of 61m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other disclosures for Share-based payments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 2010, senior employees are eligible for an annual long-term incentive to be paid out in Ambev LTI stock options (or similar share-based instruments), depending on management&#x2019;s assessment of the employee&#x2019;s performance and future potential. No stock options were granted in 2025, 2024 and 2023. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding Ambev options developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million options&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;72.5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15.5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72.5&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The range of exercise prices of the outstanding options is between 16.34 Brazilian real (2.97 US dollar) and 22.4 Brazilian real (4.07 US dollar) while the weighted average remaining contractual life is 2.2 years. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;All outstanding options are vested at 31&#160;December 2025. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The weighted average exercise price of the Ambev options is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amounts in US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.72&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.68&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercisable at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amounts have been converted to US dollar at the closing rate of the respective period. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding Ambev RSUs and PSUs developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million RSUs and PSUs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;120.4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;120.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;109.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs issued during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33.9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25.6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs vested during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(48.7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5.2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100.8&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120.4&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;BUDWEISER APAC SHARE-BASED COMPENSATION PROGRAM &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Share-Based Compensation Plan &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In March 2020, Budweiser APAC set up a program allowing for certain employees to invest some or all of their variable compensation in Budweiser APAC shares (Voluntary Shares). As an additional reward, employees who invest in Voluntary Shares also receive a company shares match of one and a half matching shares for each Voluntary Share invested up to a limited total percentage of each employee&#x2019;s variable compensation. In 2025, Budweiser APAC issued 9.2m matching RSUs in relation to bonuses granted to Budweiser APAC employees with an estimated fair value of 11m US dollar (2024: 8.8m matching restricted stock units with an estimated fair value of 14m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Discretionary Restricted Stock Units Plan &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2019, Budweiser APAC set up a discretionary RSUs plan which allows for the offer of RSUs to certain employees in certain specific circumstances, at the discretion of the Board, e.g., as a special retention incentive. The RSUs vest after three to five years and in the event that an employee&#x2019;s service is terminated before the vesting date, special forfeiture rules apply. In 2025 and 2024, no RSUs were granted under this program. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;New Restricted Stock Units Plan &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In November 2020, Budweiser APAC set up a new RSUs plan which allows for the offer of RSUs to certain eligible employees in certain specific circumstances, at the discretion of the Board, e.g., as a long-term incentive. The vesting period of the RSUs is in principle between three and five years without a performance test and in the event of termination of service before the vesting date, forfeiture rules apply. The Board may set shorter or longer periods for specific grants or introduce performance tests similar to other programs in the company. In 2023, some RSUs include a performance test. They cliff vest between three and five years. Upon vesting, the number of shares to which the holders thereof shall be entitled shall depend on a performance test measuring (on a percentile basis) the company&#x2019;s &lt;div style="-sec-ix-hidden:hidden155771978;display:inline;"&gt;three&lt;/div&gt; to five-year TSR relative to the TSR realized for that period by a representative sample of listed companies belonging to the consumer goods sector. The number of shares to which such units entitle their holders is subject to a hurdle and cap. During 2025, 29.8m RSUs with an estimated fair value of 30m US dollar were granted under this program to a selected number of employees (2024: 30.8m RSUs with an estimated fair value of 30m US dollar). &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-91908"
      unitRef="Unit_USD">625000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-91909"
      unitRef="Unit_USD">644000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="P01_01_2023To12_31_2023"
      decimals="-6"
      id="ixv-91910"
      unitRef="Unit_USD">570000000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <bud:PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments
      contextRef="P01_01_2025To12_31_2025"
      decimals="2"
      id="ixv-91911"
      unitRef="Unit_pure">0.20</bud:PercentageOfDiscountOnMarketPriceOfShareForShareBasedPayments>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2025_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91912"
      unitRef="Unit_shares">2100000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2024_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91913"
      unitRef="Unit_shares">1600000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2025_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91914"
      unitRef="Unit_USD">128000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2024_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91915"
      unitRef="Unit_USD">94000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91916"
      unitRef="Unit_shares">100000</ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted
      contextRef="PAsOn12_31_2025_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91917"
      unitRef="Unit_USD">4000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted>
    <ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91918"
      unitRef="Unit_shares">100000</ifrs-full:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted
      contextRef="PAsOn12_31_2024_ABInBevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91919"
      unitRef="Unit_USD">4000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted>
    <bud:DescriptionOfShareToAcquireByHolder
      contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      id="ixv-91920">one</bud:DescriptionOfShareToAcquireByHolder>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91921"
      unitRef="Unit_pure">3100000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91922"
      unitRef="Unit_USD">191000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91923"
      unitRef="Unit_pure">4400000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91924"
      unitRef="Unit_USD">239000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91925"
      unitRef="Unit_shares">200000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfSharesIssued
      contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentiveRestrictedStockUnitMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91926"
      unitRef="Unit_shares">500000</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91927"
      unitRef="Unit_pure">400000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91928"
      unitRef="Unit_USD">35000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_ExecutivesMemberifrsfullCategoriesOfRelatedPartiesAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91929"
      unitRef="Unit_pure">800000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_LongTermIncentivePerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91930"
      unitRef="Unit_USD">45000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_PerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-3"
      id="ixv-91931"
      unitRef="Unit_pure">60000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_AnnualLtiPlansMemberBUDPlanAxis_BoardOfDirectorMemberifrsfullCategoriesOfRelatedPartiesAxis_PerformanceShareUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-3"
      id="ixv-91932"
      unitRef="Unit_pure">134000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_ThreeYearVestingMemberBUDVestingPeriodAxis"
      decimals="-5"
      id="ixv-91933"
      unitRef="Unit_pure">700000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted
      contextRef="PAsOn12_31_2025_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_ThreeYearVestingMemberBUDVestingPeriodAxis"
      decimals="-6"
      id="ixv-91934"
      unitRef="Unit_USD">42000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_FiveYearVestingMemberBUDVestingPeriodAxis_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis"
      decimals="-5"
      id="ixv-91935"
      unitRef="Unit_pure">2900000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted
      contextRef="PAsOn12_31_2025_FiveYearVestingMemberBUDVestingPeriodAxis_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis"
      decimals="-6"
      id="ixv-91936"
      unitRef="Unit_USD">62000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis"
      decimals="-5"
      id="ixv-91937"
      unitRef="Unit_shares">200000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted
      contextRef="PAsOn12_31_2024_LongTermRestrictedStockUnitProgramOneMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_OtherRecurringLtiRsuPlansMemberBUDPlanAxis"
      decimals="-6"
      id="ixv-91938"
      unitRef="Unit_USD">12000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateShareOptionsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91939"
      unitRef="Unit_shares">900000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_OtherRecurringLtiRsuPlansMemberBUDPlanAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      id="ixv-91940"
      unitRef="Unit_shares"
      xsi:nil="true"/>
    <bud:DisclosureOfOptionsOutstandingExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-91941">The total number of outstanding AB InBev options developed as follows: &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million options&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69.2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;75.8&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;83.2&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options exercised during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2004;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2.2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options lapsed during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.6)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43.4&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;69.2&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;75.8&#x2004;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfOptionsOutstandingExplanatory>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91942"
      unitRef="Unit_pure">69200000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91943"
      unitRef="Unit_pure">75800000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2022_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91944"
      unitRef="Unit_pure">83200000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91945"
      unitRef="Unit_pure">7900000</ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-91946"
      unitRef="Unit_pure">0</ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91947"
      unitRef="Unit_pure">2200000</ifrs-full:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91948"
      unitRef="Unit_pure">14300000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91949"
      unitRef="Unit_pure">2900000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91950"
      unitRef="Unit_pure">1300000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91951"
      unitRef="Unit_pure">3600000</ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91952"
      unitRef="Unit_pure">3700000</ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91953"
      unitRef="Unit_pure">3900000</ifrs-full:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91954"
      unitRef="Unit_pure">43400000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91955"
      unitRef="Unit_pure">69200000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="-5"
      id="ixv-91956"
      unitRef="Unit_pure">75800000</ifrs-full:NumberOfOutstandingShareOptions>
    <bud:ExercisePriceOfOutstandingShareOptionsAndWarrants
      contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-91957"
      unitRef="Unit_EUR">40.4</bud:ExercisePriceOfOutstandingShareOptionsAndWarrants>
    <bud:ExercisePriceOfOutstandingShareOptionsAndWarrants
      contextRef="PAsOn12_31_2025_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-91958"
      unitRef="Unit_USD">47.47</bud:ExercisePriceOfOutstandingShareOptionsAndWarrants>
    <bud:ExercisePriceOfOutstandingShareOptionsAndWarrants
      contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-91959"
      unitRef="Unit_EUR">113.25</bud:ExercisePriceOfOutstandingShareOptionsAndWarrants>
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      contextRef="PAsOn12_31_2025_TopOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-91960"
      unitRef="Unit_USD">133.07</bud:ExercisePriceOfOutstandingShareOptionsAndWarrants>
    <bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants contextRef="P01_01_2025To12_31_2025" id="ixv-91961">3.5</bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAndWarrants>
    <bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-56171"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The weighted average exercise price of the AB InBev options is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amounts in US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79.46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76.04&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercised during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47.47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29.96&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;113.00&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;75.45&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;67.66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lapsed during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129.02&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102.10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;96.27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79.46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercisable at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71.06&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93.25&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108.11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory>
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      unitRef="Unit_USD_per_Share">0</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019>
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      decimals="2"
      id="ixv-91969"
      unitRef="Unit_USD_per_Share">75.45</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91970"
      unitRef="Unit_USD_per_Share">67.66</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91971"
      unitRef="Unit_USD_per_Share">129.02</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91972"
      unitRef="Unit_USD_per_Share">102.1</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91973"
      unitRef="Unit_USD_per_Share">96.27</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExpiredInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91974"
      unitRef="Unit_USD_per_Share">71.06</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91975"
      unitRef="Unit_USD_per_Share">71.59</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91976"
      unitRef="Unit_USD_per_Share">79.46</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91977"
      unitRef="Unit_USD_per_Share">71.06</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91978"
      unitRef="Unit_USD_per_Share">93.25</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis"
      decimals="2"
      id="ixv-91979"
      unitRef="Unit_USD_per_Share">108.11</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis"
      id="ixv-56352"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding AB InBev RSUs and PSUs developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million RSU and PSUs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31.2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs issued during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7.3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs vested during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(0.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;29.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91980"
      unitRef="Unit_pure">31200000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91981"
      unitRef="Unit_pure">29000000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2022_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91982"
      unitRef="Unit_pure">28700000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91983"
      unitRef="Unit_pure">9700000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91984"
      unitRef="Unit_pure">7300000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91985"
      unitRef="Unit_pure">5900000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91986"
      unitRef="Unit_pure">14900000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91987"
      unitRef="Unit_pure">4100000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91988"
      unitRef="Unit_pure">4300000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91989"
      unitRef="Unit_pure">800000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91990"
      unitRef="Unit_pure">1100000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2023To12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91991"
      unitRef="Unit_pure">1300000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2025_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91992"
      unitRef="Unit_pure">25200000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2024_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91993"
      unitRef="Unit_pure">31200000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement
      contextRef="PAsOn12_31_2023_ABInBevMemberdeiLegalEntityAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91994"
      unitRef="Unit_pure">29000000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
    <bud:DescriptionOfShareBasedCompensationVestingPeriod
      contextRef="P01_01_2025To12_31_2025_AmbevSharebasedCompensationProgramMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis_TopOfRangeMemberifrsfullRangeAxis_TwoThousandEighteenShareBasedCompensationPlanMemberBUDPlanAxis"
      id="ixv-91995">P5Y</bud:DescriptionOfShareBasedCompensationVestingPeriod>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91996"
      unitRef="Unit_pure">33900000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91997"
      unitRef="Unit_USD">79000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-5"
      id="ixv-91998"
      unitRef="Unit_pure">25600000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_RestrictedStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-6"
      id="ixv-91999"
      unitRef="Unit_USD">61000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
    <bud:DisclosureOfOptionsOutstandingExplanatory
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis"
      id="ixv-56544"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding Ambev options developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million options&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;72.5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15.5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;60.2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72.5&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;88.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfOptionsOutstandingExplanatory>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92000"
      unitRef="Unit_pure">72500000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92001"
      unitRef="Unit_pure">88000000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92002"
      unitRef="Unit_pure">99800000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92003"
      unitRef="Unit_pure">12300000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92004"
      unitRef="Unit_pure">15500000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement
      contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92005"
      unitRef="Unit_pure">11800000</ifrs-full:NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92006"
      unitRef="Unit_pure">60200000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92007"
      unitRef="Unit_pure">72500000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions
      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="-5"
      id="ixv-92008"
      unitRef="Unit_pure">88000000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="2"
      id="ixv-92009"
      unitRef="Unit_BRL_per_Share">16.34</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BottomOfRangeMemberifrsfullRangeAxis"
      decimals="2"
      id="ixv-92010"
      unitRef="Unit_USD_per_Share">2.97</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_TopOfRangeMemberifrsfullRangeAxis"
      decimals="1"
      id="ixv-92011"
      unitRef="Unit_BRL_per_Share">22.4</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <ifrs-full:ExercisePriceOfOutstandingShareOptions2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_TopOfRangeMemberifrsfullRangeAxis"
      decimals="2"
      id="ixv-92012"
      unitRef="Unit_USD_per_Share">4.07</ifrs-full:ExercisePriceOfOutstandingShareOptions2019>
    <bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis"
      id="ixv-92013">P2Y2M12D</bud:WeightedAverageRemainingContractualLifeOfOutstandingShareOptionsPeriod>
    <bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis"
      id="ixv-56677"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The weighted average exercise price of the Ambev options is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Amounts in US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Options outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.72&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.60&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.68&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Exercisable at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.44&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.95&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfOptionsWeightedAverageExercisePriceExplanatory>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92014"
      unitRef="Unit_USD_per_Share">2.95</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92015"
      unitRef="Unit_USD_per_Share">3.89</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92016"
      unitRef="Unit_USD_per_Share">3.72</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92017"
      unitRef="Unit_USD_per_Share">3.34</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92018"
      unitRef="Unit_USD_per_Share">3.6</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92019"
      unitRef="Unit_USD_per_Share">4.68</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92020"
      unitRef="Unit_USD_per_Share">3.44</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92021"
      unitRef="Unit_USD_per_Share">2.95</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92022"
      unitRef="Unit_USD_per_Share">3.89</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92023"
      unitRef="Unit_USD_per_Share">3.44</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92024"
      unitRef="Unit_USD_per_Share">2.95</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis"
      decimals="2"
      id="ixv-92025"
      unitRef="Unit_USD_per_Share">3.94</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory
      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis"
      id="ixv-56832"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The total number of outstanding Ambev RSUs and PSUs developed as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million RSUs and PSUs&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at 1&#160;January&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;120.4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;120.0&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;109.8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs issued during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33.9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25.6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33.7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs vested during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(48.7)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18.3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs forfeited during the year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4.9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5.2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;RSUs and PSUs outstanding at the end of December&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;100.8&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120.4&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;120.0&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfNumberOfOtherEquityInstrumentsExplanatory>
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      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">120000000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
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      contextRef="PAsOn12_31_2022_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">109800000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
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      unitRef="Unit_pure">33900000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      unitRef="Unit_pure">25600000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92031"
      unitRef="Unit_pure">33700000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92032"
      unitRef="Unit_pure">48700000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92033"
      unitRef="Unit_pure">20300000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92034"
      unitRef="Unit_pure">18300000</ifrs-full:NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2025To12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92035"
      unitRef="Unit_pure">4800000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2024To12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">4900000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
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      contextRef="P01_01_2023To12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">5200000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
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      contextRef="PAsOn12_31_2025_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-92038"
      unitRef="Unit_pure">100800000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
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      contextRef="PAsOn12_31_2024_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">120400000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
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      contextRef="PAsOn12_31_2023_AmbevMemberifrsfullCategoriesOfRelatedPartiesAxis_BRifrsfullGeographicalAreasAxis_RestrictedStockUnitsAndPerformanceStockUnitsMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">120000000</ifrs-full:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement>
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      contextRef="P01_01_2025To12_31_2025_BudweiserApacMemberdeiLegalEntityAxis_ShareBasedCompensationPlanMemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      unitRef="Unit_pure">9200000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      unitRef="Unit_USD">11000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
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      unitRef="Unit_USD">14000000</ifrs-full:WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted>
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      unitRef="Unit_pure">30800000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Disputes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;62&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;472&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions made&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;247&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;276&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions used&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(122)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(170)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions reversed&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(73)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;543&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Disputes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;69&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;476&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(58)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(61)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions made&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;158&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions used&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(63)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(117)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions reversed&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(68)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;62&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;472&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;The restructuring provisions are primarily explained by the organizational alignments - see also Note 8&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Exceptional items&lt;/div&gt;&lt;/div&gt;. Provisions for disputes mainly relate to various disputed taxes other than income taxes and to claims from former employees. &lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The provisions are expected to be settled within the following time windows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Due&#160;within&#160;one&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;&#x2003;Due&#160;after&#160;one&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2009;&#x2003;&#x2009;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;30&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;127&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Labor&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;104&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commercial&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;57&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Excise duties&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other disputes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;185&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;246&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disputes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;142&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;401&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;543&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;20&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;192&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;425&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfProvisionsExplanatory>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-57036">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Disputes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;62&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;472&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions made&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;247&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;276&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions used&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(122)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(170)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions reversed&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(73)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(88)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance as of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;543&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2002;Disputes&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Other&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;69&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;476&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;44&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Effect of movements in foreign exchange&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(58)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(61)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions made&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;158&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;218&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions used&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(63)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(117)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Provisions reversed&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(68)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other movements&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;62&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;472&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;576&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfOtherProvisionsExplanatory>
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      contextRef="PAsOn12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92052"
      unitRef="Unit_USD">62000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92053"
      unitRef="Unit_USD">472000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92054"
      unitRef="Unit_USD">43000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92055"
      unitRef="Unit_USD">576000000</ifrs-full:Provisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92056"
      unitRef="Unit_USD">6000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92057"
      unitRef="Unit_USD">34000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92058"
      unitRef="Unit_USD">1000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-92059"
      unitRef="Unit_USD">41000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92060"
      unitRef="Unit_USD">29000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92061"
      unitRef="Unit_USD">247000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92062"
      unitRef="Unit_USD">0</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-92063"
      unitRef="Unit_USD">276000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92064"
      unitRef="Unit_USD">40000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92065"
      unitRef="Unit_USD">122000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92066"
      unitRef="Unit_USD">8000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-92067"
      unitRef="Unit_USD">170000000</ifrs-full:ProvisionUsedOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92068"
      unitRef="Unit_USD">15000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92069"
      unitRef="Unit_USD">73000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92070"
      unitRef="Unit_USD">0</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-92071"
      unitRef="Unit_USD">88000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2025To12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92072"
      unitRef="Unit_USD">0</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2025To12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92073"
      unitRef="Unit_USD">-15000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2025To12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92074"
      unitRef="Unit_USD">-2000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-92075"
      unitRef="Unit_USD">-17000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92076"
      unitRef="Unit_USD">41000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92077"
      unitRef="Unit_USD">543000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92078"
      unitRef="Unit_USD">33000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92079"
      unitRef="Unit_USD">617000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2023_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92080"
      unitRef="Unit_USD">69000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2023_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92081"
      unitRef="Unit_USD">476000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2023_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92082"
      unitRef="Unit_USD">44000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2023"
      decimals="-6"
      id="ixv-92083"
      unitRef="Unit_USD">589000000</ifrs-full:Provisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92084"
      unitRef="Unit_USD">-3000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92085"
      unitRef="Unit_USD">-58000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92086"
      unitRef="Unit_USD">0</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-92087"
      unitRef="Unit_USD">-61000000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92088"
      unitRef="Unit_USD">51000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92089"
      unitRef="Unit_USD">158000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92090"
      unitRef="Unit_USD">9000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-92091"
      unitRef="Unit_USD">218000000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92092"
      unitRef="Unit_USD">54000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92093"
      unitRef="Unit_USD">63000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92094"
      unitRef="Unit_USD">1000000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-92095"
      unitRef="Unit_USD">117000000</ifrs-full:ProvisionUsedOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92096"
      unitRef="Unit_USD">2000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92097"
      unitRef="Unit_USD">68000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92098"
      unitRef="Unit_USD">0</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <bud:UnusedProvisionReversedAndRecoveredOtherProvisions
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-92099"
      unitRef="Unit_USD">69000000</bud:UnusedProvisionReversedAndRecoveredOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2024To12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92100"
      unitRef="Unit_USD">0</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2024To12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92101"
      unitRef="Unit_USD">27000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2024To12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
      decimals="-6"
      id="ixv-92102"
      unitRef="Unit_USD">-9000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:ChangesInOtherProvisions
      contextRef="P01_01_2024To12_31_2024"
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      id="ixv-92103"
      unitRef="Unit_USD">18000000</ifrs-full:ChangesInOtherProvisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92104"
      unitRef="Unit_USD">62000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92105"
      unitRef="Unit_USD">472000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2024_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92106"
      unitRef="Unit_USD">43000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
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      id="ixv-92107"
      unitRef="Unit_USD">576000000</ifrs-full:Provisions>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Due&#160;within&#160;one&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;&#x2003;Due&#160;after&#160;one&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2009;&#x2003;&#x2009;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Restructuring&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;30&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;127&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Labor&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;104&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commercial&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;57&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Excise duties&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other disputes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;185&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;246&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Disputes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;142&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;401&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;543&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;20&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total provisions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;192&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;425&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutProvisionsExpectedToBeSettledExplanatory>
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      contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92108"
      unitRef="Unit_USD">30000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92109"
      unitRef="Unit_USD">11000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_RestructuringProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92110"
      unitRef="Unit_USD">41000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_IncomeAndIndirectTaxesDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92111"
      unitRef="Unit_USD">29000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_IncomeAndIndirectTaxesDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92112"
      unitRef="Unit_USD">98000000</ifrs-full:Provisions>
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      id="ixv-92113"
      unitRef="Unit_USD">127000000</ifrs-full:Provisions>
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      unitRef="Unit_USD">32000000</ifrs-full:Provisions>
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      id="ixv-92115"
      unitRef="Unit_USD">71000000</ifrs-full:Provisions>
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      decimals="-6"
      id="ixv-92116"
      unitRef="Unit_USD">104000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92117"
      unitRef="Unit_USD">18000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92118"
      unitRef="Unit_USD">39000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_CommercialDisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92119"
      unitRef="Unit_USD">57000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_ExciseDutiesMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92120"
      unitRef="Unit_USD">2000000</ifrs-full:Provisions>
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      unitRef="Unit_USD">7000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherDisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92123"
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      id="ixv-92124"
      unitRef="Unit_USD">185000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_OtherDisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92125"
      unitRef="Unit_USD">246000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92126"
      unitRef="Unit_USD">142000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis_LaterThanOneYearMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">401000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_DisputesProvisionMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92128"
      unitRef="Unit_USD">543000000</ifrs-full:Provisions>
    <ifrs-full:Provisions
      contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92129"
      unitRef="Unit_USD">20000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_LaterThanOneYearMemberifrsfullMaturityAxis_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92130"
      unitRef="Unit_USD">13000000</ifrs-full:Provisions>
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      contextRef="PAsOn12_31_2025_MiscellaneousOtherProvisionsMemberifrsfullClassesOfProvisionsAxis"
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      id="ixv-92131"
      unitRef="Unit_USD">33000000</ifrs-full:Provisions>
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      unitRef="Unit_USD">192000000</ifrs-full:Provisions>
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      unitRef="Unit_USD">425000000</ifrs-full:Provisions>
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;671&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;424&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;869&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;797&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade payables and accrued expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 055&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 010&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Payroll and social security payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 606&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 623&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 021&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 560&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 369&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 336&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Consigned packaging&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 093&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 017&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;610&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;767&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;223&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other payables and deferred income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;479&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;422&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25 455&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 804&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;The company has entered into reverse factoring arrangements with suppliers in the amount of 41m US dollar as of 31&#160;December 2025, mostly due to legal requirements (31 December 2024: 41m US dollar). The nature, as well as the terms and conditions of the liabilities that are part of these arrangements do not differ from those of the company&#x2019;s normal trade payables. As a result, these are presented as part of Trade and other payables in accordance with IAS 1 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Presentation of financial statements&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;As of 31&#160;December 2025, deferred consideration on acquisitions is mainly comprised of 0.2 billion US dollar for the put option included in the 2012 shareholders&#x2019; agreement between Ambev and E. Le&#xf3;n Jimenes S.A. (&#x201c;ELJ&#x201d;), which may result in Ambev acquiring additional shares in Cervecer&#xed;a Nacional Dominicana S.A. (&#x201c;CND&#x201d;) (31 December 2024: 0.2 billion US dollar). See also Note 27&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Risk arising from financial instruments &lt;/div&gt;&lt;/div&gt;and Note 28&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <bud:DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-57995"> &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;671&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;424&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;869&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;797&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade payables and accrued expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 055&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 010&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Payroll and social security payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 606&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 623&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Indirect taxes payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 021&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 560&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 369&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 336&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Consigned packaging&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 093&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 017&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends payable&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;610&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;767&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;223&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other payables and deferred income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;479&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;422&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;25 455&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;23 804&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory>
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      id="ixv-92135"
      unitRef="Unit_USD">108000000</ifrs-full:NoncurrentValueAddedTaxPayables>
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      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92136"
      unitRef="Unit_USD">93000000</ifrs-full:NoncurrentValueAddedTaxPayables>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92137"
      unitRef="Unit_USD">671000000</ifrs-full:NoncurrentPayablesToTradeSuppliers>
    <ifrs-full:NoncurrentPayablesToTradeSuppliers
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92138"
      unitRef="Unit_USD">424000000</ifrs-full:NoncurrentPayablesToTradeSuppliers>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92139"
      unitRef="Unit_USD">21000000</bud:DeferredConsiderationOnAcquisitionsPayablesNoncurrent>
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      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92140"
      unitRef="Unit_USD">221000000</bud:DeferredConsiderationOnAcquisitionsPayablesNoncurrent>
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      decimals="-6"
      id="ixv-92141"
      unitRef="Unit_USD">69000000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92142"
      unitRef="Unit_USD">59000000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:NoncurrentPayables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92143"
      unitRef="Unit_USD">869000000</ifrs-full:NoncurrentPayables>
    <ifrs-full:NoncurrentPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92144"
      unitRef="Unit_USD">797000000</ifrs-full:NoncurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92145"
      unitRef="Unit_USD">17055000000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92146"
      unitRef="Unit_USD">16010000000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92147"
      unitRef="Unit_USD">1606000000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92148"
      unitRef="Unit_USD">1623000000</ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentValueAddedTaxPayables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92149"
      unitRef="Unit_USD">3021000000</ifrs-full:CurrentValueAddedTaxPayables>
    <ifrs-full:CurrentValueAddedTaxPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92150"
      unitRef="Unit_USD">2560000000</ifrs-full:CurrentValueAddedTaxPayables>
    <ifrs-full:CurrentInterestPayable
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92151"
      unitRef="Unit_USD">1369000000</ifrs-full:CurrentInterestPayable>
    <ifrs-full:CurrentInterestPayable
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92152"
      unitRef="Unit_USD">1336000000</ifrs-full:CurrentInterestPayable>
    <bud:ConsignedPackagingPayable
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92153"
      unitRef="Unit_USD">1093000000</bud:ConsignedPackagingPayable>
    <bud:ConsignedPackagingPayable
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92154"
      unitRef="Unit_USD">1017000000</bud:ConsignedPackagingPayable>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92155"
      unitRef="Unit_USD">610000000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:CurrentDividendPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92156"
      unitRef="Unit_USD">767000000</ifrs-full:CurrentDividendPayables>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92157"
      unitRef="Unit_USD">223000000</bud:DeferredConsiderationOnAcquisitionsPayablesCurrent>
    <bud:DeferredConsiderationOnAcquisitionsPayablesCurrent
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92158"
      unitRef="Unit_USD">69000000</bud:DeferredConsiderationOnAcquisitionsPayablesCurrent>
    <ifrs-full:OtherCurrentPayables
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92159"
      unitRef="Unit_USD">479000000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables
      contextRef="PAsOn12_31_2024"
      decimals="-6"
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    <bud:DisclosureOfRiskArisingFromFinancialInstruments contextRef="P01_01_2025To12_31_2025" id="ixv-58307"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27. Risks arising from financial instruments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;A) &#x2002;&#x2009;FINANCIAL ASSETS AND LIABILITIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the company&#x2019;s financial assets and liabilities as of the reporting dates indicated. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 84%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At&lt;br/&gt; amortized&lt;br/&gt; cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; profit&#160;or&lt;br/&gt; loss&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; OCI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At&lt;br/&gt; &#x2002;amortized&lt;br/&gt; cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; profit or&lt;br/&gt; loss&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; OCI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 638&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 638&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 174&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 406&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 406&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 714&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 714&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;306&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;134&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;467&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;138&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;389&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;63&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;433&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;457&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;439&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;439&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;106&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;214&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;249&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;249&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 070&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;343&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;825&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18 239&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 918&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;247&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;927&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 092&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;499&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;279&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;778&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;781&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 571&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;343&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;546&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 460&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 536&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;247&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;528&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;16 311&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 348&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;241&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20 037&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;20 325&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 938&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 191&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69 011&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 709&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;885&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;435&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;563&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;52&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;46&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;205&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;205&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;55&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;102&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;94&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93 184&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 143&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;686&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;101 013&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90 497&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 735&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;147&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;98 379&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71 678&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 320&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;183&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;73 182&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69 494&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 933&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;71 492&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 506&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 822&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;503&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27 831&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 802&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;82&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26 887&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;B) &#x2002;&#x2009;DERIVATIVES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s activities expose it to a variety of financial risks: market risk (including currency risk, fair value interest rate risk, cash flow interest risk, commodity risk and equity risk), credit risk and liquidity risk. The company analyses each of these risks individually as well as on a combined basis and defines strategies to manage the economic impact on the company&#x2019;s performance in line with its financial risk management policy. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev primarily uses the following derivative instruments: foreign exchange forwards, currency options, currency futures, interest rate swaps, cross currency interest rate swaps (&#x201c;CCIRS&#x201d;), commodity swaps, commodity futures and equity swaps. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below provides an overview of the notional amounts of derivatives outstanding as of the dates indicated by maturity bucket. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&amp;lt;&#160;1&lt;br/&gt; year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2-3&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3-5&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&amp;gt;&#160;5&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&amp;lt;&#160;1&lt;br/&gt; &#x2003;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1-2&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2-3&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3-5&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&amp;gt;&#160;5&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign currency&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange forwards&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 498&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;344&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 867&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;300&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;315&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;385&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;400&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 191&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 791&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;510&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 593&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 558&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;510&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 593&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 598&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;690&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 841&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;591&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;630&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 520&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;C) &#x2002;&#x2009;FOREIGN CURRENCY RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev is subject to foreign currency risk when contracts are denominated in a currency other than the functional currency of the entity. This includes borrowings, investments, (forecasted) sales, (forecasted) purchases, royalties, dividends, licenses, management fees and interest expense/income. To manage foreign currency risk, the company uses mainly foreign exchange forwards, currency options, currency futures and cross currency interest rate swaps. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign exchange risk on operating activities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s policy is to hedge operating transactions which are reasonably expected to occur (e.g., cost of sales and selling, general&#160;&amp;amp; administrative expenses) within the forecast period determined in the financial risk management policy. Operating transactions that are considered certain to occur are hedged without any time limits. Non-operating transactions (such as acquisitions and disposals of subsidiaries) are hedged as soon as they are highly probable. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below shows the company&#x2019;s main net foreign currency positions for firm commitments and forecasted transactions for the most important currency pairs. The open positions are the result of the application of AB InBev&#x2019;s risk management policy. Positive amounts indicate that the company is long (net future cash inflows) in the first currency of the currency pair while negative amounts indicate that the company is short (net future cash outflows) in the first currency of the currency pair. The second currency of the currency pairs listed is the functional currency of the related subsidiary. &lt;/div&gt;&lt;/div&gt;  &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;exposure&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;hedges&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Open&lt;br/&gt; &#x2003;&#x2003;&#x2003;position&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;exposure&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;hedges&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Open&lt;br/&gt; &#x2003;&#x2003;&#x2003;position&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Brazilian real&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 682)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 671&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 823)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 456&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(367)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 203)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 182&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 250)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 092&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Colombian peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(494)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;460&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(34)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(504)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;482&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(385)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;388&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(373)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;333&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;312&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(286)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;243&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(43)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Argentine peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(326)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(326)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Honduran lempira&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(226)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(226)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(225)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(225)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Peruvian nuevo sol&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(194)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;199&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(236)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;215&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(182)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;190&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(160)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;116&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(179)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(66)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Chilean peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;151&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(144)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Paraguayan guarani&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;142&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(144)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(130)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(126)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Indian rupee&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(120)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;115&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(113)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Dominican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(129)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(129)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Bolivian boliviano&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(112)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(112)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(104)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(104)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro/South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(136)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(108)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;111&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro/Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(123)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(34)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(91)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso/Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(118)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(153)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;132&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Others&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(502)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;452&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(567)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;441&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(126)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Further analysis on the impact of open currency exposures is performed in the currency sensitivity analysis below. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hedges of firm commitments and highly probable forecasted transactions denominated in foreign currency are designated as cash flow hedges. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net losses on hedging instruments reported in the finance line in 2025 amounted to (0.3) billion US dollar and were largely related to foreign-currency hedges associated with commodity purchases, deemed operating in nature. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign exchange risk on foreign currency denominated debt &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s policy is to have the debt in the subsidiaries as much as possible linked to the functional currency of the subsidiary. To the extent this is not the case, foreign exchange risk is managed using derivatives unless the cost to hedge outweighs the benefits. Interest rate decisions and currency mix of debt and cash are decided on a global basis and take into consideration a holistic risk management approach. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;A description of the foreign currency risk hedging of debt instruments issued in a currency other than the functional currency of the subsidiary is further detailed in the &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Interest Rate Risk&lt;/div&gt;&lt;/div&gt; section below. &lt;/div&gt; &lt;div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Currency sensitivity analysis &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Currency transactional risk &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Most of AB InBev&#x2019;s non-derivative financial instruments are either denominated in the functional currency of the subsidiary or are converted into the functional currency through the use of derivatives. Where illiquidity in the local market prevents hedging at a reasonable cost, the company can have open positions. The transactional foreign currency risk mainly arises from open positions in Argentine peso, Honduran lempira, Dominican peso and Bolivian boliviano against the US dollar. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company uses a sensitivity analysis to estimate the impact in its consolidated income statement and other comprehensive income of a strengthening or a weakening of the US dollar against the other group currencies. In case the open positions remain unchanged and with all other variables held constant, a 10% strengthening or weakening of the US dollar against other currencies could lead to an estimated decrease/increase on the consolidated profit before tax of approximately 91m US dollar over the next 12 months (31 December 2024: 169m US dollar; 31&#160;December 2023: 98m US dollar). Applying a similar sensitivity on the total derivatives positions could lead to a negative/positive pre-tax impact &lt;div style="display:inline;"&gt;on&lt;/div&gt; equity reserves of 516m US dollar (31 December 2024: 446m US dollar). The results of the sensitivity analysis should not be considered as projections of likely future events, as the gains or losses from exchange rates in the future may differ due to developments in the global financial markets. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign exchange risk on net investments in foreign operations &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev mitigates exposures of its investments in foreign operations using both derivative and non-derivative financial instruments as hedging instruments. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, designated derivative financial instruments in net investment hedges applied on the company&#x2019;s debt amount to 7 239m US dollar equivalent (31 December 2024: 7 835m US dollar). These instruments hedge foreign operations with Chinese yuan, Canadian dollar, South Korean won and Mexican peso functional currencies. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net foreign exchange results &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange results recognized on hedged and unhedged exposures are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hedged (economic hedges)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(186)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Not hedged&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(479)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(423)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(386)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(147)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(353)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Out of the net (0.4) billion US dollar foreign exchange losses reported in the finance line in 2025, approximately (0.2) billion US dollar was related to foreign exchange exposures that are deemed operating in nature. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;D) INTEREST RATE RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company applies a dynamic interest rate hedging approach whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of AB InBev&#x2019;s policy is to achieve an optimal balance between the cost of funding and the volatility of financial results, while taking into account market conditions as well as AB InBev&#x2019;s overall business strategy. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair value hedges &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar fixed rate bond hedges (interest rate risk on borrowings in US dollar) &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company manages and reduces the impact of changes in the US dollar interest rates on the fair value of certain fixed rate bonds with an aggregate principal amount of 1.2 billion US dollar through fixed/floating interest rate swaps. These derivative instruments have been designated in fair value hedge accounting relationships. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Cash flow hedges &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling bond hedges (foreign currency risk and interest rate risk on borrowings in pound sterling) &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In May 2017, the company issued a pound sterling bond for 700m pound sterling at a rate of 2.25%&#160;per year and maturing in May 2029, and issued a pound sterling bond for 900m pound sterling at a rate of 2.85%&#160;per year and maturing in May 2037. These bonds have a principal outstanding as of 31&#160;December 2025 of 232m and 156m pound sterling, respectively. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The impact of changes in the pound sterling exchange rate and interest rate on these bonds is managed and reduced through pound sterling fixed/euro fixed cross currency interest rate swaps. These derivative instruments have been designated in cash flow hedge relationships. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Interest rate sensitivity analysis &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below reflects the effective interest rates of interest-bearing financial liabilities at the reporting date as well as the currency in which the debt is denominated. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Before hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;After hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Floating rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 193&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;334&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;333&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;334&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 527&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41 499&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32 965&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 593&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 274&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;566&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 668&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 049&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;225&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;225&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;567&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 165&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 515&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 693&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;71 500&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Before hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;After hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Floating rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;184&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 975&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46 192&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36 780&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 653&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 530&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 921&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;555&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 657&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 200&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 154&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 111&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;833&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;71 986&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 195&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, the total carrying amount of the floating and fixed rate interest-bearing financial liabilities before hedging as presented above included bank overdrafts of 14m US dollar (31 December 2024: nil). Of the company&#x2019;s interest-bearing financial liabilities, 1 527m US dollar or 2.1% bore interest at a variable rate. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The sensitivity analysis has been prepared based on the exposure to interest rates for the floating rate debt after hedging, assuming the amount of liability outstanding at reporting date was outstanding for the whole year. The company estimates that an increase or decrease of 100 basis points represents a reasonably possible change in applicable interest rates. Accordingly, if interest rates had been higher/lower by 100 basis points, with all other variables held constant, the interest expense would have been 15m US dollar higher/lower (31 December 2024: 20m US dollar; 31&#160;December 2023: 26m US dollar). This impact would have been more than offset by 112m US dollar higher/lower interest income on interest-bearing financial assets (31 December 2024: 105m US dollar; 31&#160;December 2023: 96m US dollar). Additionally, the pre-tax impact on equity reserves from the market value of hedging instruments would not have been significant. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Interest expense &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest expense recognized on unhedged and hedged financial liabilities was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 91%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial liabilities measured at amortized cost &#x2013; not hedged&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 492&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 722&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net investment hedges - hedging instruments (interest component)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;49&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Economic hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 194&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 443&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(3 705&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;E)&#x2002;&#x2009;COMMODITY PRICE RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The commodity markets have experienced and are expected to continue to experience price fluctuations. AB InBev therefore uses both fixed price purchasing contracts and commodity derivatives to manage the exposure to price volatility. The most significant commodity hedges are included in the table below (expressed in outstanding notional amounts): &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2009;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 312&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 841&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Energy&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;212&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;207&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corn&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;197&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;203&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Plastic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sugar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Wheat&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rice&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 942&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 496&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commodity price sensitivity analysis &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The impact of changes in prices of commodities that are being financially hedged would not have had a material impact on AB InBev&#x2019;s profit in 2025 as they are hedged using derivative contracts which are designated in hedge accounting in accordance with IFRS 9 rules.&lt;div style="display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The related impact is expected to be recognized in the income statement in subsequent periods, principally in 2026, when the underlying forecasted transactions occur. &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px; background: none;display:inline;"&gt;&lt;div style="background: none; text-decoration: none;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures would have on the equity reserves. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pre-tax&#160;impact&#160;on&#160;equity&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pre-tax&#160;impact&#160;on&#160;equity&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Volatility&#160;of&lt;br/&gt; prices&#160;in&#160;%&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;increase&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;decrease&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Volatility&#160;of&lt;br/&gt; &#x2003;&#x2002;prices&#160;in&#160;%&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;increase&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;decrease&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;504&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(504)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;408&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(408)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Energy&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;44%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(92)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corn&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Plastic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sugar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Wheat&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rice&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;F) &#x2002;&#x2009;EQUITY PRICE RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;AB InBev enters into equity swap derivatives to hedge the price risk on its shares in connection with its share-based payments programs, as disclosed in Note 24&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Share-based Payments.&lt;/div&gt;&lt;/div&gt; AB InBev also hedges its exposure arising from shares issued in connection with the Grupo Modelo and SAB combinations (see also Note 11&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Finance expense and income&lt;/div&gt;&lt;/div&gt;). These derivatives do not qualify for hedge accounting and the changes in fair value are recognized in the income statement. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, an exposure for an equivalent of 100.5m of AB InBev shares was hedged, resulting in a total loss of (213)m US dollar recognized in the income statement for the period in exceptional finance income/(expense). As of 31&#160;December 2025, liabilities for equity swap derivatives amounted to 5.5 billion US dollar (31 December 2024: 5.6 billion US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 60pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 60pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024. &lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Equity price sensitivity analysis &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The sensitivity analysis on the equity swap derivatives, calculated based on a 24% (2024: 19%; 2023: 18%;) reasonably possible volatility of the AB InBev share price, with all the other variables held constant, would show 1 563m US dollar positive/negative impact on the 2025 profit before tax (31 December 2024: 960m US dollar; 31&#160;December 2023: 1 181m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;G) &#x2002;&#x2009;CREDIT RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Credit risk encompasses all forms of counterparty exposure, i.e., where counterparties may default on their obligations to AB InBev in relation to lending, hedging, settlement and other financial activities. The company has a credit policy in place and the exposure to counterparty credit risk is monitored. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev mitigates its exposure through a variety of mechanisms. It has established minimum counterparty credit ratings and enters into transactions only with financial institutions of investment grade rating. The company monitors counterparty credit exposures closely and reviews any external downgrade in credit rating immediately. To mitigate pre-settlement risk, counterparty minimum credit standards become more stringent with increases in the duration of the derivatives. To minimize the concentration of counterparty credit risk, the company enters into derivative transactions with different financial institutions. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company also has master netting agreements with all of the financial institutions that are counterparties to over the counter (OTC) derivatives. These agreements allow for the net settlement of assets and liabilities arising from different transactions with the same counterparty. Based on these factors, AB InBev considers the impact of the risk of counterparty default as of 31&#160;December 2025 to be limited. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Exposure to credit risk &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Credit risk arises from financial assets including trade and other receivables. The carrying amount of financial assets represents the maximum credit exposure of the company. The carrying amount is presented net of the impairment losses recognized and disclosed by financial asset class in section &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;A) Financial assets and liabilities&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The maximum exposure to credit risk at the reporting date for trade and other receivables, excluding Brazilian tax credits, tax receivables other than income tax and prepaid expenses, was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 661&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(399)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 168&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(377)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 213&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(68)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 145&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(61)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;923&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 874&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 406&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 152&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 714&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;There was no significant concentration of credit risks with any single counterparty as of 31&#160;December 2025 and no single customer represented more than 10% of the total revenue of the group in 2025. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment losses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The allowance for impairment recognized during the period on trade and other receivables was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(462)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(416)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(53)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Currency translation and other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; padding: 0px;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(462)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;H) &#x2003;LIQUIDITY RISK &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Historically, AB InBev&#x2019;s primary sources of cash flow have been cash flows from operating activities, the issuance of debt, bank borrowings and equity securities. AB InBev&#x2019;s material cash requirements have included the following: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Debt servicing; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Capital expenditures; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investments in companies; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Increases in ownership of AB InBev&#x2019;s subsidiaries or companies in which it holds equity investments; &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share buyback programs; and &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 2pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 2pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 4%;"&gt;&#160;&lt;/td&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 2%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Payments of dividends and interest on shareholders&#x2019; equity. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company believes that cash flows from operating activities, available cash and cash equivalents as well as short term investments, along with related derivatives and access to borrowing facilities, will be sufficient to fund capital expenditures, financial instrument liabilities and dividend payments going forward. It is the intention of the company to continue to reduce its financial indebtedness through a combination of strong operating cash flow generation and continued refinancing. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the nominal contractual maturities of the company&#x2019;s non-derivative financial liabilities including interest payments and derivative liabilities: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;tr&gt;
&lt;td style="width: 80%; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Contractual&lt;br/&gt; cash&lt;br/&gt; flows&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Less&lt;br/&gt; than&lt;br/&gt; 1&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;1-2&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;2-3&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;3-5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;More&lt;br/&gt; than&lt;br/&gt; 5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(70 199)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(115 992)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 962)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 108)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 398)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11 951)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(86 573)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26 324)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26 547)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25 410)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(177)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(277)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(532)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 706)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(704)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(606)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(448)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(447)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(501)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(221)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(239)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(84)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(99 351)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(145 700)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(29 358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(9 001)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 039)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(12 686)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(87 617)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 481)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 481)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 481)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(563)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(563)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(416)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(59)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(87)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(60)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(32)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 105)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(111)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(105)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(44)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which: related to cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(460)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(460)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(425)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6)&lt;/div&gt;&lt;/td&gt;
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
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&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Contractual&lt;br/&gt; cash&lt;br/&gt; flows&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Less&lt;br/&gt; than&lt;br/&gt; 1&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;1-2&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;2-3&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;3-5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;More&lt;br/&gt; than&lt;br/&gt; 5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69 484)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(113 412)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 453)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 416)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7 311)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14 352)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(84 881)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24 601)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24 760)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23 750)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(257)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(328)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(297)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 592)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(639)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(620)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(398)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(447)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(488)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(19)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(55)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(55)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(30)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(93)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 885)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 885)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 818)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(47)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which: related to cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(91)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;I) &#x2003;CAPITAL MANAGEMENT &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev continuously optimizes its capital structure to maximize shareholder value while keeping the financial flexibility to execute strategic projects. AB InBev&#x2019;s capital structure policy and framework aim to optimize shareholder value through cash flow distribution to the company from its subsidiaries, while maintaining an investment-grade rating and minimizing investments with returns below AB InBev&#x2019;s weighted average cost of capital. Besides the statutory minimum equity funding requirements that apply to the company&#x2019;s subsidiaries in the different countries, AB InBev is not subject to any externally imposed capital requirements. Management uses the same debt/equity classifications as applied in the company&#x2019;s IFRS reporting to analyze the capital structure. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;J) &#x2003;FAIR VALUE &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized in the statement of financial position. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, lease liabilities and derivative financial instruments have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 34%;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1px;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="13" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair&#160;value&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair&#160;value&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41 050)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41 863)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(45 800)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(45 558)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27 854)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27 187)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21 915)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21 605)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(519)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(467)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 108)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 046)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(465)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(484)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(461)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(364)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(362)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(375)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(373)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(70 296)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(70 343)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(69 682)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(69 044)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the fair value hierarchy, which classifies financial instruments according to the extent to which their valuation relies on observable market inputs: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 53%;"&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value hierarchy 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Quoted&#160;(unadjusted)&lt;br/&gt; prices - level 1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Observable&#160;market&lt;br/&gt; inputs - level 2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Unobservable&#160;market&lt;br/&gt; inputs - level 3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial Assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;454&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial Liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions at fair value&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;241&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 609&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a fair value hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;796&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 644&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;105&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a fair value hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;29&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 857&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;288&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;There were no significant changes in the measurement and valuation techniques, or significant transfers between the levels of the financial assets and liabilities during the period. Movements in the fair value &#x201c;level 3&#x201d; category of financial liabilities, measured on a recurring basis, are mainly related to the settlement and remeasurement of deferred consideration from prior years acquisitions and the put option as described below. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Non-derivative financial liabilities &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As part of the 2012 shareholders agreement between Ambev and E. Le&#xf3;n Jimenes S.A. (&#x201c;ELJ&#x201d;), following the acquisition of Cervecer&#xed;a Nacional Dominicana S.A. (&#x201c;CND&#x201d;), a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#x2019; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately 12% of the shares of CND for a net consideration of 0.3 billion US dollar. The closing of the transaction resulted in Ambev&#x2019;s participation in CND increasing from 85% to 97%. ELJ currently holds 3% of CND and the remaining put option is exercisable as from 2026. As of 31&#160;December 2025, the put option on the remaining shares held by ELJ was valued at 210m US dollar (31 December 2024: 195m US dollar) and recognized as a deferred consideration on acquisitions at fair value in the &#x201c;level 3&#x201d; category above. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;K) &#x2003;HEDGING RESERVES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;The company&#x2019;s hedging reserves disclosed in Note 21 C&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;hanges in equity and earnings per share&lt;/div&gt;&lt;/div&gt; relate to the following instruments: &lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign&#160;currency&lt;br/&gt; &amp;amp; others&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;hedging&lt;br/&gt; reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(241)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;731&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in fair value of hedging instrument recognized in OCI&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;403&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(312)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Reclassified to profit or loss / cost of inventory&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(81)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(111)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(192)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;82&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;308&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;390&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign&#160;currency&lt;br/&gt; &amp;amp; others&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;hedging&lt;br/&gt; reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(304)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;486&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in fair value of hedging instrument recognized in OCI&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;519&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;573&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Reclassified to profit or loss / cost of inventory&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(273)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(264)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(241)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;731&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;L) &#x2003;OFFSETTING FINANCIAL ASSETS AND LIABILITIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The following financial assets and liabilities are subject to offsetting, enforceable master netting agreements and similar agreements: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 46%;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&#160;amount&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;amount&lt;br/&gt; recognized&#160;in&#160;the&lt;br/&gt; statement of&lt;br/&gt; financial&#160;position&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&#160;offsetting&lt;br/&gt; agreements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;net&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;728&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;728&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(725)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;725&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&#160;amount&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;amount&lt;br/&gt; recognized&#160;in&#160;the&lt;br/&gt; statement of&lt;br/&gt; financial&#160;position&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&#160;offsetting&lt;br/&gt; agreements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;net&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;815&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(814)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;814&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 120pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 120pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net amount recognized in the statement of financial position after considering agreements that meet the offsetting criteria under IFRS. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other offsetting agreements include collateral, guarantee instruments and offsetting agreements that do not meet the offsetting criteria under IFRS. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfRiskArisingFromFinancialInstruments>
    <bud:DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-58316"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the company&#x2019;s financial assets and liabilities as of the reporting dates indicated. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At&lt;br/&gt; amortized&lt;br/&gt; cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; profit&#160;or&lt;br/&gt; loss&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; OCI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At&lt;br/&gt; &#x2002;amortized&lt;br/&gt; cost&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; profit or&lt;br/&gt; loss&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;At fair&lt;br/&gt; value&lt;br/&gt; &#x2002;through&lt;br/&gt; OCI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;Total&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 638&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 638&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 174&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 174&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 406&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 406&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 714&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 714&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Investment securities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;306&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;134&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;467&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;221&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;138&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;389&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;63&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;433&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;457&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;439&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;439&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;106&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;214&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;214&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;249&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;249&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 070&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;343&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;825&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18 239&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 918&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;247&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;927&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 092&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;499&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;279&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;778&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;382&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;399&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;781&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 571&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;343&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;546&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;17 460&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 536&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;247&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;528&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;16 311&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 348&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;241&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;21 589&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20 037&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;20 325&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70 938&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 191&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 128&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69 011&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 709&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70 720&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current interest-bearing loans and borrowings&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;885&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;885&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 449&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 449&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;435&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;563&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;30&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;52&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;46&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;205&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;205&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;55&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;102&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;94&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93 184&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 143&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;686&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;101 013&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;90 497&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;7 735&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;147&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;98 379&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71 678&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 320&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;183&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;73 182&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69 494&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 933&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;71 492&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 506&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 822&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;503&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27 831&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;21 003&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 802&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;82&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26 887&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfFinancialAssetsAndFinancialLiabilitiesExplanatoryTableTextBlock>
    <ifrs-full:FinancialAssetsAtAmortisedCost
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    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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    <ifrs-full:FinancialAssetsAtAmortisedCost
      contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">4714000000</ifrs-full:FinancialAssetsAtAmortisedCost>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">4714000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtAmortisedCost
      contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss
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      decimals="-6"
      id="ixv-92176"
      unitRef="Unit_USD">306000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
      contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92177"
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    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">467000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtAmortisedCost
      contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">30000000</ifrs-full:FinancialAssetsAtAmortisedCost>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss
      contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">138000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_InvestmentSecuritiesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92182"
      unitRef="Unit_USD">389000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92183"
      unitRef="Unit_USD">26000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92184"
      unitRef="Unit_USD">38000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">63000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92186"
      unitRef="Unit_USD">23000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">433000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_ForeignExchangeDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">457000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
      contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">439000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92190"
      unitRef="Unit_USD">439000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">106000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_CommodityDerivativesMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92192"
      unitRef="Unit_USD">106000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2025_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92193"
      unitRef="Unit_USD">214000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92194"
      unitRef="Unit_USD">214000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92195"
      unitRef="Unit_USD">249000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_CrossCurrencyInterestRateSwapMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">249000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">11000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      id="ixv-92198"
      unitRef="Unit_USD">11000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">3000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92200"
      unitRef="Unit_USD">3000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssetsAtAmortisedCost
      contextRef="PAsOn12_31_2025"
      decimals="-6"
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      unitRef="Unit_USD">17070000000</ifrs-full:FinancialAssetsAtAmortisedCost>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss
      contextRef="PAsOn12_31_2025"
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      id="ixv-92202"
      unitRef="Unit_USD">343000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92203"
      unitRef="Unit_USD">825000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025"
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      unitRef="Unit_USD">18239000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024"
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      unitRef="Unit_USD">15918000000</ifrs-full:FinancialAssetsAtAmortisedCost>
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      contextRef="PAsOn12_31_2024"
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      unitRef="Unit_USD">247000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2024"
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      id="ixv-92207"
      unitRef="Unit_USD">927000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024"
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      unitRef="Unit_USD">17092000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">499000000</ifrs-full:FinancialAssetsAtAmortisedCost>
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      contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
      id="ixv-92210"
      unitRef="Unit_USD">279000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2025_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">778000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">382000000</ifrs-full:FinancialAssetsAtAmortisedCost>
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      contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
      decimals="-6"
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      unitRef="Unit_USD">399000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_NonCurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">781000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">16571000000</ifrs-full:FinancialAssetsAtAmortisedCost>
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      contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      contextRef="PAsOn12_31_2025_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">17460000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">15536000000</ifrs-full:FinancialAssetsAtAmortisedCost>
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      contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">247000000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">528000000</ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_CurrentFinancialAssetsMemberifrsfullCategoriesOfFinancialAssetsAxis"
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      contextRef="PAsOn12_31_2025_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      unitRef="Unit_USD">21348000000</ifrs-full:FinancialLiabilitiesAtAmortisedCost>
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      contextRef="PAsOn12_31_2025_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      contextRef="PAsOn12_31_2024_TradesAndOtherPayablesMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      contextRef="PAsOn12_31_2025_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      contextRef="PAsOn12_31_2025_NonCurrentInterestBearingLoansAndBorrowingsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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      unitRef="Unit_USD">1191000000</ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss>
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      contextRef="PAsOn12_31_2024_BankOverdraftMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
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    <bud:DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-60202"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below provides an overview of the notional amounts of derivatives outstanding as of the dates indicated by maturity bucket. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;tr&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
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&lt;td&gt;&lt;/td&gt;
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&lt;td colspan="20" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="20" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="18" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&amp;lt;&#160;1&lt;br/&gt; year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2-3&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3-5&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&amp;gt;&#160;5&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: right; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2003;years&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&amp;lt;&#160;1&lt;br/&gt; &#x2003;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2-3&lt;br/&gt; &#x2003;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign currency&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange forwards&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 498&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;344&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 867&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;300&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;315&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;385&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;150&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;400&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 191&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;510&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 593&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 010&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 025&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;715&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 558&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;510&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 593&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 598&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;690&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 841&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;591&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;630&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDerivativeFinancialInstrumentsMaturityAnalysisExplanatory>
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      id="ixv-92289"
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      contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92290"
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      contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92292"
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      contextRef="PAsOn12_31_2025_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92293"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92294"
      unitRef="Unit_USD">8867000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92295"
      unitRef="Unit_USD">300000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92296"
      unitRef="Unit_USD">150000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92297"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_ForwardContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92298"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92299"
      unitRef="Unit_USD">315000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92300"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92301"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92302"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_NotLaterThanOneYearMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92304"
      unitRef="Unit_USD">385000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92305"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92306"
      unitRef="Unit_USD">150000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92307"
      unitRef="Unit_USD">400000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_LaterThanFiveYearsMemberifrsfullMaturityAxis_OtherForeignExchangeDerivativesMemberifrsfullClassesOfFinancialAssetsAxis"
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      id="ixv-92308"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92309"
      unitRef="Unit_USD">1191000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92310"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92311"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92312"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92313"
      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">1791000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_InterestRateSwapContractMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">0</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">2593000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92321"
      unitRef="Unit_USD">2010000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">2025000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">715000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">1558000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92325"
      unitRef="Unit_USD">510000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">2593000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">3598000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2024_CrosscurrencyInterestRateSwapsMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92328"
      unitRef="Unit_USD">690000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">2250000000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">62000000</ifrs-full:NotionalAmount>
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      contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92331"
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    <ifrs-full:NotionalAmount
      contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      contextRef="PAsOn12_31_2025_AluminumSwapsCommodityMemberifrsfullClassesOfFinancialAssetsAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">1841000000</ifrs-full:NotionalAmount>
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    <bud:DisclosureOfForeignCurrencyExchangeExposureExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-92359">The second currency of the currency pairs listed is the functional currency of the related subsidiary. &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;hedges&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Open&lt;br/&gt; &#x2003;&#x2003;&#x2003;position&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;exposure&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&lt;br/&gt; &#x2003;&#x2003;&#x2003;hedges&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Brazilian real&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 682)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 671&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(11)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 823)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 456&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(367)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 203)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 182&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 250)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 092&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(158)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Colombian peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(494)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;460&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(34)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(504)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;482&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(385)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;388&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(373)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;333&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(317)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;312&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(286)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;243&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(43)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Argentine peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(274)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(326)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(326)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Honduran lempira&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(226)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(226)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(225)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(225)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Peruvian nuevo sol&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(194)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;199&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(236)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;215&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(182)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;190&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(160)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;116&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(179)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(66)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Chilean peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(164)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;151&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(144)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Paraguayan guarani&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;142&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(144)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;127&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(130)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;128&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(126)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;106&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Indian rupee&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(120)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;115&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(113)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;69&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Dominican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(129)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(129)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar/Bolivian boliviano&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(112)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(112)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(104)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(104)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro/South African rand&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(136)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(108)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;111&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro/Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(123)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;89&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(34)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(91)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso/Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(118)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;97&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(153)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;132&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Others&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(502)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;452&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(50)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(567)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;441&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(126)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Amended to conform to the 2025 presentation. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfForeignCurrencyExchangeExposureExplanatory>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92360"
      unitRef="Unit_USD">-1682000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92361"
      unitRef="Unit_USD">1671000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92362"
      unitRef="Unit_USD">-11000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774032"
      unitRef="Unit_USD">-1823000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773903"
      unitRef="Unit_USD">1456000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToBrazilianRealMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773493"
      unitRef="Unit_USD">-367000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92366"
      unitRef="Unit_USD">-1203000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92367"
      unitRef="Unit_USD">1182000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92368"
      unitRef="Unit_USD">-21000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773629"
      unitRef="Unit_USD">-1250000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773905"
      unitRef="Unit_USD">1092000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773491"
      unitRef="Unit_USD">-158000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92372"
      unitRef="Unit_USD">-494000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92373"
      unitRef="Unit_USD">460000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92374"
      unitRef="Unit_USD">-34000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773631"
      unitRef="Unit_USD">-504000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773907"
      unitRef="Unit_USD">482000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToColombianPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773489"
      unitRef="Unit_USD">-22000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92378"
      unitRef="Unit_USD">-385000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92379"
      unitRef="Unit_USD">388000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92380"
      unitRef="Unit_USD">3000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774026"
      unitRef="Unit_USD">-373000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773897"
      unitRef="Unit_USD">333000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773499"
      unitRef="Unit_USD">-40000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92384"
      unitRef="Unit_USD">-317000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92385"
      unitRef="Unit_USD">312000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92386"
      unitRef="Unit_USD">-5000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774030"
      unitRef="Unit_USD">-286000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773901"
      unitRef="Unit_USD">243000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToCanadianDollarMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773495"
      unitRef="Unit_USD">-43000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92390"
      unitRef="Unit_USD">-274000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92391"
      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92392"
      unitRef="Unit_USD">-274000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774028"
      unitRef="Unit_USD">-326000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773899"
      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToArgentinePesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773497"
      unitRef="Unit_USD">-326000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92396"
      unitRef="Unit_USD">-226000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92397"
      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92398"
      unitRef="Unit_USD">-226000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773916"
      unitRef="Unit_USD">-225000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774014"
      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToHonduranLempiraMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773520"
      unitRef="Unit_USD">-225000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92402"
      unitRef="Unit_USD">-194000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92403"
      unitRef="Unit_USD">199000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92404"
      unitRef="Unit_USD">5000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773914"
      unitRef="Unit_USD">-236000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774012"
      unitRef="Unit_USD">215000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToPeruvianNuevoSolMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773522"
      unitRef="Unit_USD">-21000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92408"
      unitRef="Unit_USD">-182000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92409"
      unitRef="Unit_USD">190000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92410"
      unitRef="Unit_USD">8000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773918"
      unitRef="Unit_USD">-160000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774016"
      unitRef="Unit_USD">116000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToSouthKoreanWonMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773516"
      unitRef="Unit_USD">-44000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92414"
      unitRef="Unit_USD">-179000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92415"
      unitRef="Unit_USD">201000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92416"
      unitRef="Unit_USD">22000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774074"
      unitRef="Unit_USD">-66000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773452"
      unitRef="Unit_USD">52000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToChineseYuanMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773451"
      unitRef="Unit_USD">-14000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92420"
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      contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92421"
      unitRef="Unit_USD">151000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToChileanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92422"
      unitRef="Unit_USD">-13000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis"
      decimals="-6"
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      unitRef="Unit_USD">-144000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis"
      decimals="-6"
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      unitRef="Unit_USD">127000000</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2024_UsDollarToChileanPesoMembersrtCurrencyAxis"
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      id="Fact_155773484"
      unitRef="Unit_USD">-17000000</bud:ForeignCurrencyOpenPosition>
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      id="ixv-92426"
      unitRef="Unit_USD">-150000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92427"
      unitRef="Unit_USD">142000000</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2025_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92428"
      unitRef="Unit_USD">-8000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis"
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      unitRef="Unit_USD">-144000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2024_UsDollarToParaguayanGuaraniMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773910"
      unitRef="Unit_USD">127000000</bud:ForeignCurrencyRiskHedges>
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      decimals="-6"
      id="Fact_155773486"
      unitRef="Unit_USD">-17000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92433"
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    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_UsDollarToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92434"
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      contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis"
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      unitRef="Unit_USD">-126000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis"
      decimals="-6"
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      unitRef="Unit_USD">106000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_UsDollarToEuroMembersrtCurrencyAxis"
      decimals="-6"
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      unitRef="Unit_USD">-20000000</bud:ForeignCurrencyOpenPosition>
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      id="ixv-92438"
      unitRef="Unit_USD">-120000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2025_UsDollarToIndianRupeeMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92439"
      unitRef="Unit_USD">115000000</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2025_UsDollarToIndianRupeeMembersrtCurrencyAxis"
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      id="ixv-92440"
      unitRef="Unit_USD">-5000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis"
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      unitRef="Unit_USD">-113000000</bud:ForeignCurrencyRiskExposureNet>
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      contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis"
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      unitRef="Unit_USD">69000000</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2024_UsDollarToIndianRupeeMembersrtCurrencyAxis"
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      unitRef="Unit_USD">-44000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92445"
      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2025_UsDollarToDominicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92446"
      unitRef="Unit_USD">-119000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2024_UsDollarToDominicanPesoMembersrtCurrencyAxis"
      decimals="-6"
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      contextRef="PAsOn12_31_2024_UsDollarToDominicanPesoMembersrtCurrencyAxis"
      decimals="-6"
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      unitRef="Unit_USD">0</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
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      decimals="-6"
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      unitRef="Unit_USD">-129000000</bud:ForeignCurrencyOpenPosition>
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      contextRef="PAsOn12_31_2025_UsDollarToBolivianBolivianoMembersrtCurrencyAxis"
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      contextRef="PAsOn12_31_2024_UsDollarToBolivianBolivianoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773477"
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      contextRef="PAsOn12_31_2024_UsDollarToBolivianBolivianoMembersrtCurrencyAxis"
      decimals="-6"
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      contextRef="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92457"
      unitRef="Unit_USD">133000000</bud:ForeignCurrencyRiskHedges>
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      contextRef="PAsOn12_31_2025_EuroToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92458"
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      contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis"
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      contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773479"
      unitRef="Unit_USD">111000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_EuroToSouthAfricanRandMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773511"
      unitRef="Unit_USD">3000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92462"
      unitRef="Unit_USD">-123000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92463"
      unitRef="Unit_USD">89000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92464"
      unitRef="Unit_USD">-34000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155774018"
      unitRef="Unit_USD">-91000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773475"
      unitRef="Unit_USD">92000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_EuroToMexicanPesoMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773507"
      unitRef="Unit_USD">1000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92468"
      unitRef="Unit_USD">-118000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92469"
      unitRef="Unit_USD">97000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92470"
      unitRef="Unit_USD">-21000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773632"
      unitRef="Unit_USD">-153000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773908"
      unitRef="Unit_USD">132000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_MexicanPesoToEuroMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773488"
      unitRef="Unit_USD">-21000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2025_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92474"
      unitRef="Unit_USD">-502000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2025_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92475"
      unitRef="Unit_USD">452000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2025_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92476"
      unitRef="Unit_USD">-50000000</bud:ForeignCurrencyOpenPosition>
    <bud:ForeignCurrencyRiskExposureNet
      contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773921"
      unitRef="Unit_USD">-567000000</bud:ForeignCurrencyRiskExposureNet>
    <bud:ForeignCurrencyRiskHedges
      contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773481"
      unitRef="Unit_USD">441000000</bud:ForeignCurrencyRiskHedges>
    <bud:ForeignCurrencyOpenPosition
      contextRef="PAsOn12_31_2024_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="Fact_155773513"
      unitRef="Unit_USD">-126000000</bud:ForeignCurrencyOpenPosition>
    <bud:NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss
      contextRef="P01_01_2025To12_31_2025"
      decimals="-8"
      id="ixv-92480"
      unitRef="Unit_USD">-300000000</bud:NetGainLossOnHedgingInstrumentsRecognisedInProfitOrLoss>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities
      contextRef="PAsOn12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="2"
      id="ixv-92481"
      unitRef="Unit_pure">0.10</ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities
      contextRef="PAsOn12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="2"
      id="ixv-92482"
      unitRef="Unit_pure">0.10</ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities
      contextRef="PAsOn12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="2"
      id="ixv-92483"
      unitRef="Unit_pure">0.10</ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities>
    <ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities
      contextRef="PAsOn12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="2"
      id="ixv-92484"
      unitRef="Unit_pure">0.10</ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2025To12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92485"
      unitRef="Unit_USD">91000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2025To12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92486"
      unitRef="Unit_USD">91000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2024To12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92487"
      unitRef="Unit_USD">169000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2024To12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92488"
      unitRef="Unit_USD">169000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2023To12_31_2023_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92489"
      unitRef="Unit_USD">98000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleDecreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities
      contextRef="P01_01_2023To12_31_2023_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92490"
      unitRef="Unit_USD">98000000</ifrs-full:IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossBeforeTaxLiabilities>
    <bud:DerivativePositionPositivePretaxImpactOnEquityReserves
      contextRef="PAsOn12_31_2025_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92491"
      unitRef="Unit_USD">516000000</bud:DerivativePositionPositivePretaxImpactOnEquityReserves>
    <bud:DerivativePositionPositivePretaxImpactOnEquityReserves
      contextRef="PAsOn12_31_2024_CurrencyMemberifrsfullUnobservableInputsAxis_CurrencyRiskMemberifrsfullTypesOfRisksAxis_USDsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92492"
      unitRef="Unit_USD">446000000</bud:DerivativePositionPositivePretaxImpactOnEquityReserves>
    <bud:DerivativeAndNonderivativeFinancialInstrumentsNet
      contextRef="PAsOn12_31_2025_HoldingCompanyMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-92493"
      unitRef="Unit_USD">7239000000</bud:DerivativeAndNonderivativeFinancialInstrumentsNet>
    <bud:DerivativeAndNonderivativeFinancialInstrumentsNet
      contextRef="PAsOn12_31_2024_HoldingCompanyMemberdeiLegalEntityAxis"
      decimals="-6"
      id="ixv-92494"
      unitRef="Unit_USD">7835000000</bud:DerivativeAndNonderivativeFinancialInstrumentsNet>
    <bud:DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-62476"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange results recognized on hedged and unhedged exposures are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Hedged (economic hedges)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;93&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(186)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;70&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Not hedged&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(479)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(423)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(386)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(147)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(353)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfDetailedInformationAboutHedgesAndUnhedgesExplanatory>
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      unitRef="Unit_USD">70000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      unitRef="Unit_USD">-479000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      unitRef="Unit_USD">40000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      unitRef="Unit_USD">-386000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      contextRef="PAsOn12_31_2024"
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      unitRef="Unit_USD">-147000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      contextRef="PAsOn12_31_2023"
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      id="ixv-92503"
      unitRef="Unit_USD">-353000000</bud:ForeignExchangeRecognizedOnHedgedAndUnhedgedValue>
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      id="ixv-92504"
      unitRef="Unit_USD">400000000</ifrs-full:NetForeignExchangeLoss>
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      contextRef="P01_01_2025To12_31_2025_OperatingNatureMemberBUDForeignExchangeExposureNatureAxis"
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      id="ixv-92505"
      unitRef="Unit_USD">200000000</ifrs-full:NetForeignExchangeLoss>
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      id="ixv-92506"
      unitRef="Unit_pure">1200000000</ifrs-full:NominalAmountOfHedgingInstrument>
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      contextRef="P05_01_2017To05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
      id="ixv-92507">May 2017</bud:HedgingInstrumentAppointmentPeriod>
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      contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
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      id="ixv-92508"
      unitRef="Unit_pure">700000000</ifrs-full:NominalAmountOfHedgingInstrument>
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      id="ixv-92509"
      unitRef="Unit_pure">0.0225</ifrs-full:AverageRateOfHedgingInstrument>
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      contextRef="P05_01_2017To05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
      id="ixv-92510">May 2029</bud:HedgingInstrumentMaturityPeriod>
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      id="ixv-92511"
      unitRef="Unit_pure">900000000</ifrs-full:NominalAmountOfHedgingInstrument>
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      contextRef="PAsOn05_31_2017_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
      decimals="4"
      id="ixv-92512"
      unitRef="Unit_pure">0.0285</ifrs-full:AverageRateOfHedgingInstrument>
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      contextRef="P01_01_2025To12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
      id="ixv-92513">May 2037</bud:HedgingInstrumentMaturityPeriod>
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      contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2029MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
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      id="ixv-92514"
      unitRef="Unit_pure">232000000</ifrs-full:NominalAmountOfHedgingInstrument>
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      contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis_May2037MemberifrsfullMaturityAxis_PoundSterlingBondHedgesMemberifrsfullHedgingInstrumentsAxis"
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      id="ixv-92515"
      unitRef="Unit_pure">156000000</ifrs-full:NominalAmountOfHedgingInstrument>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Before hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;After hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Floating rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 193&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.0%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;334&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;333&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;334&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 527&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41 499&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;32 965&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 593&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29 274&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;566&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 668&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 049&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;225&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;225&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;567&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;37&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 165&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 515&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;72 693&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;71 500&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td rowspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Before hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;After hedging&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Effective&lt;br/&gt; interest&#160;rate&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Floating rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;184&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 975&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46 192&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5.4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36 780&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 653&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 530&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chinese yuan&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.2%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;41&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 921&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.5%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;555&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.4%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 657&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;South Korean won&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4.9%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;40&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 200&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Mexican peso&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15.7%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.8%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3.3%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 154&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8.6%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 111&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10.1%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;833&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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      unitRef="Unit_pure">0.032</bud:DerivativeInterestRatePercentage>
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      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92579"
      unitRef="Unit_USD">41000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      unitRef="Unit_pure">0.026</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CNYsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      unitRef="Unit_USD">2921000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92582"
      unitRef="Unit_pure">0.045</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92583"
      unitRef="Unit_USD">555000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92584"
      unitRef="Unit_pure">0.044</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_CADsrtCurrencyAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92585"
      unitRef="Unit_USD">2657000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis"
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      id="ixv-92586"
      unitRef="Unit_pure">0.049</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis"
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      id="ixv-92587"
      unitRef="Unit_USD">40000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis"
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      id="ixv-92588"
      unitRef="Unit_pure">0.023</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_KRWsrtCurrencyAxis"
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      id="ixv-92589"
      unitRef="Unit_USD">2200000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis"
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      id="ixv-92590"
      unitRef="Unit_pure">0.157</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis"
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      id="ixv-92591"
      unitRef="Unit_USD">239000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis"
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      id="ixv-92592"
      unitRef="Unit_pure">0.108</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_MXNsrtCurrencyAxis"
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      id="ixv-92593"
      unitRef="Unit_USD">1239000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis"
      decimals="3"
      id="ixv-92594"
      unitRef="Unit_pure">0.033</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis"
      decimals="-6"
      id="ixv-92595"
      unitRef="Unit_USD">1154000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis"
      decimals="3"
      id="ixv-92596"
      unitRef="Unit_pure">0.026</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_GBPsrtCurrencyAxis"
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      id="ixv-92597"
      unitRef="Unit_USD">34000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis"
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      id="ixv-92598"
      unitRef="Unit_pure">0.086</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis"
      decimals="-6"
      id="ixv-92599"
      unitRef="Unit_USD">1111000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:DerivativeInterestRatePercentage
      contextRef="P01_01_2024To12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis"
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      id="ixv-92600"
      unitRef="Unit_pure">0.101</bud:DerivativeInterestRatePercentage>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis_OtherCurrencyMembersrtCurrencyAxis"
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      id="ixv-92601"
      unitRef="Unit_USD">833000000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92602"
      unitRef="Unit_USD">71986000000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities
      contextRef="PAsOn12_31_2024_AfterHedgingMemberifrsfullHedgedItemsAxis_FixedInterestRateMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92603"
      unitRef="Unit_USD">70195000000</ifrs-full:DerivativeFinancialLiabilities>
    <bud:CarryingValueOfAssociatedFinancialLiabilities
      contextRef="PAsOn12_31_2025_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92604"
      unitRef="Unit_USD">14000000</bud:CarryingValueOfAssociatedFinancialLiabilities>
    <bud:CarryingValueOfAssociatedFinancialLiabilities
      contextRef="PAsOn12_31_2024_BeforeHedgingMemberifrsfullHedgedItemsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92605"
      unitRef="Unit_USD">0</bud:CarryingValueOfAssociatedFinancialLiabilities>
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      contextRef="PAsOn12_31_2025_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis"
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      id="ixv-92606"
      unitRef="Unit_USD">1527000000</bud:CarryingValueOfAssociatedFinancialLiabilities>
    <bud:PercentageProportionOfFinancialLiabilities
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      id="ixv-92607"
      unitRef="Unit_pure">0.021</bud:PercentageProportionOfFinancialLiabilities>
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      id="ixv-92609"
      unitRef="Unit_pure">1</ifrs-full:PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities>
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      contextRef="PAsOn12_31_2025_InterestRateMeasurementInputMemberifrsfullUnobservableInputsAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis"
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      unitRef="Unit_pure">1</ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities>
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      unitRef="Unit_pure">1</ifrs-full:PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities>
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      id="ixv-92613"
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      id="ixv-92614"
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      contextRef="P01_01_2023To12_31_2023_FloatingInterestRateMemberifrsfullTypesOfInterestRatesAxis_InterestRateRiskMemberifrsfullTypesOfRisksAxis"
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    <ifrs-full:DisclosureOfInterestExpenseExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-63745"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest expense recognized on unhedged and hedged financial liabilities was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 91%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial liabilities measured at amortized cost &#x2013; not hedged&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 492&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 722&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(22&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net investment hedges - hedging instruments (interest component)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;49&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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      id="ixv-92635"
      unitRef="Unit_USD">-3705000000</ifrs-full:InterestRevenueExpense>
    <ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-92636">The most significant commodity hedges are included in the table below (expressed in outstanding notional amounts): &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2009;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 312&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 841&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Energy&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;212&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;207&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corn&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;197&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;203&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Plastic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;86&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;79&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sugar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;73&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Wheat&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rice&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;46&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 942&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 496&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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    <bud:DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-64170">&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the estimated impact that changes in the price of the commodities, for which AB InBev held material derivative exposures would have on the equity reserves. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pre-tax&#160;impact&#160;on&#160;equity&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pre-tax&#160;impact&#160;on&#160;equity&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Volatility&#160;of&lt;br/&gt; prices&#160;in&#160;%&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;increase&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;decrease&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Volatility&#160;of&lt;br/&gt; &#x2003;&#x2002;prices&#160;in&#160;%&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;increase&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Prices&lt;br/&gt; &#x2003;&#x2002;decrease&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Aluminum&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;504&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(504)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;408&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(408)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Energy&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;47%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(100)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;44%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(92)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Corn&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Plastic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Sugar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Wheat&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(13)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Rice&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;38%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt; Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfSensitivityAnalysisForEachTypeOfCommodityPriceRiskExplanatory>
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    <bud:AdjustmentsForIncreasePricePretaxImpactOnEquity
      contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92690"
      unitRef="Unit_USD">10000000</bud:AdjustmentsForIncreasePricePretaxImpactOnEquity>
    <bud:AdjustmentsForDecreasePricePretaxImpactOnEquity
      contextRef="P01_01_2025To12_31_2025_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92691"
      unitRef="Unit_USD">10000000</bud:AdjustmentsForDecreasePricePretaxImpactOnEquity>
    <bud:PercentageOfVolatilityPriceOfCommodities
      contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="2"
      id="ixv-92692"
      unitRef="Unit_pure">0.38</bud:PercentageOfVolatilityPriceOfCommodities>
    <bud:AdjustmentsForIncreasePricePretaxImpactOnEquity
      contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis"
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      id="ixv-92693"
      unitRef="Unit_USD">18000000</bud:AdjustmentsForIncreasePricePretaxImpactOnEquity>
    <bud:AdjustmentsForDecreasePricePretaxImpactOnEquity
      contextRef="P01_01_2024To12_31_2024_CommodityPriceRiskMemberifrsfullTypesOfRisksAxis_RiceMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92694"
      unitRef="Unit_USD">18000000</bud:AdjustmentsForDecreasePricePretaxImpactOnEquity>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="-5"
      id="ixv-92695"
      unitRef="Unit_USD">100500000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk
      contextRef="P01_01_2025To12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="-6"
      id="ixv-92696"
      unitRef="Unit_USD">-213000000</ifrs-full:GainLossOnDesignationOfFinancialInstrumentAsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRisk>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2025_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
      decimals="-8"
      id="ixv-92697"
      unitRef="Unit_USD">5500000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2024_EquitySwapsMemberifrsfullCategoriesOfFinancialLiabilitiesAxis"
      decimals="-8"
      id="ixv-92698"
      unitRef="Unit_USD">5600000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis contextRef="P01_01_2025To12_31_2025" id="ixv-92699">Sensitivity analysis is assessed based on the yearly volatility using daily observable market data during 250 days at 31&#160;December 2025 and 31&#160;December 2024.</ifrs-full:MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="2"
      id="ixv-92700"
      unitRef="Unit_pure">0.24</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2024_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="2"
      id="ixv-92701"
      unitRef="Unit_pure">0.19</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2023_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="2"
      id="ixv-92702"
      unitRef="Unit_pure">0.18</ifrs-full:PercentageOfReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2025_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="-6"
      id="ixv-92703"
      unitRef="Unit_USD">1563000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2024_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="-6"
      id="ixv-92704"
      unitRef="Unit_USD">960000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption
      contextRef="PAsOn12_31_2023_EquityPriceRiskMemberifrsfullTypesOfRisksAxis"
      decimals="-6"
      id="ixv-92705"
      unitRef="Unit_USD">1181000000</ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption>
    <ifrs-full:DisclosureOfCreditRiskExposureExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-64717"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The maximum exposure to credit risk at the reporting date for trade and other receivables, excluding Brazilian tax credits, tax receivables other than income tax and prepaid expenses, was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="12" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Impairment&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 661&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(399)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 261&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 168&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(377)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 213&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(68)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 145&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;984&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(61)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;923&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 874&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 406&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 152&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 714&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfCreditRiskExposureExplanatory>
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      id="ixv-92706"
      unitRef="Unit_USD">4661000000</ifrs-full:MaximumExposureToCreditRisk>
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      id="ixv-92707"
      unitRef="Unit_USD">-399000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
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      id="ixv-92708"
      unitRef="Unit_USD">4261000000</ifrs-full:MaximumExposureToCreditRisk>
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      id="ixv-92709"
      unitRef="Unit_USD">4168000000</ifrs-full:MaximumExposureToCreditRisk>
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      id="ixv-92710"
      unitRef="Unit_USD">-377000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2024_TradeReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92711"
      unitRef="Unit_USD">3792000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
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      id="ixv-92712"
      unitRef="Unit_USD">1213000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
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      id="ixv-92713"
      unitRef="Unit_USD">-68000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92714"
      unitRef="Unit_USD">1145000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92715"
      unitRef="Unit_USD">984000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
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      id="ixv-92716"
      unitRef="Unit_USD">-61000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2024_OtherReceivablesMemberifrsfullClassesOfFinancialInstrumentsAxis"
      decimals="-6"
      id="ixv-92717"
      unitRef="Unit_USD">923000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92718"
      unitRef="Unit_USD">5874000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92719"
      unitRef="Unit_USD">-468000000</ifrs-full:MaximumExposureToCreditRisk>
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      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-92720"
      unitRef="Unit_USD">5406000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2024_GrossCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92721"
      unitRef="Unit_USD">5152000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92722"
      unitRef="Unit_USD">-438000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:MaximumExposureToCreditRisk
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-92723"
      unitRef="Unit_USD">4714000000</ifrs-full:MaximumExposureToCreditRisk>
    <ifrs-full:ConcentrationsOfRisk
      contextRef="P01_01_2025To12_31_2025_CreditRiskMemberifrsfullTypesOfRisksAxis"
      id="ixv-92724">There was no significant concentration of credit risks with any single counterparty as of 31&#160;December 2025 and no single customer represented more than 10% of the total revenue of the group in 2025.</ifrs-full:ConcentrationsOfRisk>
    <bud:PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue
      contextRef="P01_01_2025To12_31_2025_CreditRiskMemberifrsfullTypesOfRisksAxis_TopOfRangeMemberifrsfullRangeAxis"
      decimals="INF"
      id="ixv-92725"
      unitRef="Unit_pure">0.10</bud:PercentageOfRevenueAccountedByIndividualCustomerInEntityRevenue>
    <ifrs-full:DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-65004"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The allowance for impairment recognized during the period on trade and other receivables was as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of previous year&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(462)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(416)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Impairment losses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(53)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(56)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(54)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derecognition&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;26&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Currency translation and other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(40)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; padding: 0px;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Balance at end of period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(438)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(462)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory>
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      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92726"
      unitRef="Unit_USD">-438000000</bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets>
    <bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets
      contextRef="PAsOn12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92727"
      unitRef="Unit_USD">-462000000</bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets>
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      contextRef="PAsOn12_31_2022_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92728"
      unitRef="Unit_USD">-416000000</bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets>
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      contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92729"
      unitRef="Unit_USD">53000000</bud:ImpairmentLossesOnFinancialAssets>
    <bud:ImpairmentLossesOnFinancialAssets
      contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92730"
      unitRef="Unit_USD">56000000</bud:ImpairmentLossesOnFinancialAssets>
    <bud:ImpairmentLossesOnFinancialAssets
      contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92731"
      unitRef="Unit_USD">54000000</bud:ImpairmentLossesOnFinancialAssets>
    <bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92732"
      unitRef="Unit_USD">64000000</bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets>
    <bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92733"
      unitRef="Unit_USD">24000000</bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets>
    <bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets
      contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92734"
      unitRef="Unit_USD">26000000</bud:DerecognitionAllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="P01_01_2025To12_31_2025_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92735"
      unitRef="Unit_USD">-40000000</bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="P01_01_2024To12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92736"
      unitRef="Unit_USD">55000000</bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets>
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      contextRef="P01_01_2023To12_31_2023_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92737"
      unitRef="Unit_USD">-18000000</bud:CurrencyTranslationAndOtherAllowanceAccountForCreditLossesOfFinancialAssets>
    <bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets
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      id="ixv-92738"
      unitRef="Unit_USD">-468000000</bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets>
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      contextRef="PAsOn12_31_2024_AccumulatedImpairmentMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92739"
      unitRef="Unit_USD">-438000000</bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets>
    <bud:AllowanceForImpairmentRecognizedDuringThePeriodOnFinancialAssets
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      id="ixv-92740"
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    <ifrs-full:DescriptionOfManagingLiquidityRisk contextRef="P01_01_2025To12_31_2025" id="ixv-65304"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the nominal contractual maturities of the company&#x2019;s non-derivative financial liabilities including interest payments and derivative liabilities: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 80%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Contractual&lt;br/&gt; cash&lt;br/&gt; flows&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Less&lt;br/&gt; than&lt;br/&gt; 1&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;1-2&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;2-3&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;3-5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;More&lt;br/&gt; than&lt;br/&gt; 5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(70 199)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(115 992)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 962)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8 108)&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(26 547)&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25 410)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(150)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(177)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(277)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(532)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 706)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(704)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(606)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(448)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(447)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(501)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(178)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(221)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(239)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(84)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(132)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(12)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bank overdrafts&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(14)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(99 351)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(29 358)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 481)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(563)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(563)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(416)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(59)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(87)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(205)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(60)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(51)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(32)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(18)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(44)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(102)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 105)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(111)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(32)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(105)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(44)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which: related to cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(460)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(460)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(425)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 80%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="26" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&lt;br/&gt; amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Contractual&lt;br/&gt; cash&lt;br/&gt; flows&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Less&lt;br/&gt; than&lt;br/&gt; 1&#160;year&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;1-2&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;2-3&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&lt;div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"&gt;3-5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;More&lt;br/&gt; than&lt;br/&gt; 5&#160;years&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bond issues&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Trade and other payables&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24 601)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(24 760)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(23 750)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(257)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(328)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(297)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Lease liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 303)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 592)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(639)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(620)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(398)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(447)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(488)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Secured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(19)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(25)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(8)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured bank loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Unsecured other loans&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(269)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(297)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(172)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(20)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(96 770)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(141 181)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(28 113)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 391)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Foreign exchange derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(52)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(52)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(52)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cross currency interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(55)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(55)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(30)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(46)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest rate swaps&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(94)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(93)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Commodity derivatives&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(69)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 885)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 885)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5 818)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(30)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(47)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Of which: related to cash flow hedges&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(134)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(91)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(38)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DescriptionOfManagingLiquidityRisk>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92741"
      unitRef="Unit_USD">70199000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92742"
      unitRef="Unit_USD">115992000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92743"
      unitRef="Unit_USD">2962000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92744"
      unitRef="Unit_USD">8108000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92745"
      unitRef="Unit_USD">6398000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92746"
      unitRef="Unit_USD">11951000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92747"
      unitRef="Unit_USD">86573000000</ifrs-full:BondsIssued>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92748"
      unitRef="Unit_USD">26324000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92749"
      unitRef="Unit_USD">26547000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92750"
      unitRef="Unit_USD">25410000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92751"
      unitRef="Unit_USD">150000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92752"
      unitRef="Unit_USD">177000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92753"
      unitRef="Unit_USD">277000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92754"
      unitRef="Unit_USD">532000000</ifrs-full:TradeAndOtherPayables>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92755"
      unitRef="Unit_USD">2397000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92756"
      unitRef="Unit_USD">2706000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92757"
      unitRef="Unit_USD">704000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92758"
      unitRef="Unit_USD">606000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92759"
      unitRef="Unit_USD">448000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92760"
      unitRef="Unit_USD">447000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92761"
      unitRef="Unit_USD">501000000</ifrs-full:LeaseLiabilities>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92762"
      unitRef="Unit_USD">18000000</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      unitRef="Unit_USD">23000000</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92764"
      unitRef="Unit_USD">5000000</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">5000000</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92768"
      unitRef="Unit_USD">0</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92769"
      unitRef="Unit_USD">178000000</ifrs-full:UnsecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      unitRef="Unit_USD">178000000</ifrs-full:UnsecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92771"
      unitRef="Unit_USD">178000000</ifrs-full:UnsecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2025_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92772"
      unitRef="Unit_USD">221000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
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      id="ixv-92773"
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92774"
      unitRef="Unit_USD">84000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92775"
      unitRef="Unit_USD">132000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
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      id="ixv-92776"
      unitRef="Unit_USD">12000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92777"
      unitRef="Unit_USD">2000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92778"
      unitRef="Unit_USD">10000000</ifrs-full:OtherBorrowings>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92781"
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      id="ixv-92782"
      unitRef="Unit_USD">99351000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      id="ixv-92783"
      unitRef="Unit_USD">145700000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2025_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      unitRef="Unit_USD">4000000</ifrs-full:SecuredBankLoansReceived>
    <ifrs-full:SecuredBankLoansReceived
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92850"
      unitRef="Unit_USD">4000000</ifrs-full:SecuredBankLoansReceived>
    <ifrs-full:SecuredBankLoansReceived
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92851"
      unitRef="Unit_USD">8000000</ifrs-full:SecuredBankLoansReceived>
    <ifrs-full:SecuredBankLoansReceived
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92852"
      unitRef="Unit_USD">4000000</ifrs-full:SecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92853"
      unitRef="Unit_USD">94000000</ifrs-full:UnsecuredBankLoansReceived>
    <ifrs-full:UnsecuredBankLoansReceived
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92854"
      unitRef="Unit_USD">94000000</ifrs-full:UnsecuredBankLoansReceived>
    <ifrs-full:UnsecuredBankLoansReceived
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92855"
      unitRef="Unit_USD">94000000</ifrs-full:UnsecuredBankLoansReceived>
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      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92856"
      unitRef="Unit_USD">269000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92857"
      unitRef="Unit_USD">297000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92858"
      unitRef="Unit_USD">172000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92859"
      unitRef="Unit_USD">94000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92860"
      unitRef="Unit_USD">20000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92861"
      unitRef="Unit_USD">2000000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92862"
      unitRef="Unit_USD">9000000</ifrs-full:OtherBorrowings>
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      id="ixv-92863"
      unitRef="Unit_USD">96770000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      decimals="-6"
      id="ixv-92864"
      unitRef="Unit_USD">141181000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92865"
      unitRef="Unit_USD">28113000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92866"
      unitRef="Unit_USD">4391000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92867"
      unitRef="Unit_USD">7861000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92868"
      unitRef="Unit_USD">15138000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92869"
      unitRef="Unit_USD">85678000000</ifrs-full:NonderivativeFinancialLiabilitiesUndiscountedCashFlows>
    <bud:EquityDerivative
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92870"
      unitRef="Unit_USD">5614000000</bud:EquityDerivative>
    <bud:EquityDerivative
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92871"
      unitRef="Unit_USD">5614000000</bud:EquityDerivative>
    <bud:EquityDerivative
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92872"
      unitRef="Unit_USD">5614000000</bud:EquityDerivative>
    <bud:ForeignExchangeDerivatives
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92873"
      unitRef="Unit_USD">52000000</bud:ForeignExchangeDerivatives>
    <bud:ForeignExchangeDerivatives
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92874"
      unitRef="Unit_USD">52000000</bud:ForeignExchangeDerivatives>
    <bud:ForeignExchangeDerivatives
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92875"
      unitRef="Unit_USD">52000000</bud:ForeignExchangeDerivatives>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92876"
      unitRef="Unit_USD">55000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92877"
      unitRef="Unit_USD">55000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92878"
      unitRef="Unit_USD">-9000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92879"
      unitRef="Unit_USD">-9000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92880"
      unitRef="Unit_USD">30000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92881"
      unitRef="Unit_USD">-1000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:CrossCurrencyInterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92882"
      unitRef="Unit_USD">46000000</bud:CrossCurrencyInterestRateSwaps>
    <bud:InterestRateSwaps
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92883"
      unitRef="Unit_USD">94000000</bud:InterestRateSwaps>
    <bud:InterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92884"
      unitRef="Unit_USD">94000000</bud:InterestRateSwaps>
    <bud:InterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92885"
      unitRef="Unit_USD">93000000</bud:InterestRateSwaps>
    <bud:InterestRateSwaps
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92886"
      unitRef="Unit_USD">1000000</bud:InterestRateSwaps>
    <bud:CommodityDerivatives
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92887"
      unitRef="Unit_USD">69000000</bud:CommodityDerivatives>
    <bud:CommodityDerivatives
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92888"
      unitRef="Unit_USD">69000000</bud:CommodityDerivatives>
    <bud:CommodityDerivatives
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92889"
      unitRef="Unit_USD">69000000</bud:CommodityDerivatives>
    <bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows
      contextRef="PAsOn12_31_2024_NetCarryingAmountMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92890"
      unitRef="Unit_USD">5885000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
    <bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92891"
      unitRef="Unit_USD">5885000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92892"
      unitRef="Unit_USD">5818000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
    <bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
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      id="ixv-92893"
      unitRef="Unit_USD">-9000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
    <bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92894"
      unitRef="Unit_USD">30000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
    <bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanThreeYearsAndNotLaterThanFiveYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92895"
      unitRef="Unit_USD">-1000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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      id="ixv-92896"
      unitRef="Unit_USD">47000000</bud:DerivativeFinancialAssetsLiabilitiesUndiscountedCashFlows>
    <ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged
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      decimals="-6"
      id="ixv-92897"
      unitRef="Unit_USD">134000000</ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged>
    <ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged
      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"
      decimals="-6"
      id="ixv-92898"
      unitRef="Unit_USD">134000000</ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_NotLaterThanOneYearMemberifrsfullMaturityAxis"
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      id="ixv-92899"
      unitRef="Unit_USD">91000000</ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanOneYearAndNotLaterThanTwoYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92900"
      unitRef="Unit_USD">2000000</ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanTwoYearsAndNotLaterThanThreeYearsMemberifrsfullMaturityAxis"
      decimals="-6"
      id="ixv-92901"
      unitRef="Unit_USD">38000000</ifrs-full:ContractualAmountsToBeExchangedInDerivativeFinancialInstrumentForWhichGrossCashFlowsAreExchanged>
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      contextRef="PAsOn12_31_2024_ContractualCashFlowsMemberifrsfullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_LaterThanFiveYearsMemberifrsfullMaturityAxis"
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    <bud:DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-67631"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below summarizes the carrying amount and the fair value of the fixed rate interest-bearing financial liabilities as recognized in the statement of financial position. Floating rate interest-bearing financial liabilities, trade and other receivables and trade and other payables, lease liabilities and derivative financial instruments have been excluded from the analysis as their carrying amount is a reasonable approximation of their fair value. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 34%;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="8" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interest-bearing financial liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1px;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="13" style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair&#160;value&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Carrying&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Fair&#160;value&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fixed rate&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41 050)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(41 863)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(45 800)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(45 558)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Euro&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27 854)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(27 187)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21 915)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(21 605)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Pound sterling&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(519)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(467)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 108)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 046)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canadian dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(465)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(484)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(461)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(364)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(362)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(375)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(373)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(70 296)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(70 343)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(69 682)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(69 044)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfFixedRateInterestBearingFinancialLiabilitiesExplanatory>
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      unitRef="Unit_USD">-41863000000</bud:FixedRateInterestBearingLoansFairValue>
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      unitRef="Unit_USD">-45558000000</bud:FixedRateInterestBearingLoansFairValue>
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      unitRef="Unit_USD">-27854000000</bud:FixedRateInterestBearingLoansCarryingValue>
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      unitRef="Unit_USD">-27187000000</bud:FixedRateInterestBearingLoansFairValue>
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      unitRef="Unit_USD">-21915000000</bud:FixedRateInterestBearingLoansCarryingValue>
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      unitRef="Unit_USD">-21605000000</bud:FixedRateInterestBearingLoansFairValue>
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      unitRef="Unit_USD">-519000000</bud:FixedRateInterestBearingLoansCarryingValue>
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    <ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-67981"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The table below presents the fair value hierarchy, which classifies financial instruments according to the extent to which their valuation relies on observable market inputs: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 53%;"&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 13%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 12pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Fair value hierarchy 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Quoted&#160;(unadjusted)&lt;br/&gt; prices - level 1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Observable&#160;market&lt;br/&gt; inputs - level 2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Unobservable&#160;market&lt;br/&gt; inputs - level 3&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial Assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;454&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Financial Liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Deferred consideration on acquisitions at fair value&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;241&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 609&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a fair value hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;796&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;288&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives at fair value through profit and loss&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 644&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a cash flow hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;29&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;105&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a fair value hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivatives in a net investment hedge relationship&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;14&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;29&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 857&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;288&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory>
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      unitRef="Unit_USD">696000000</ifrs-full:FinancialAssets>
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      id="ixv-92934"
      unitRef="Unit_USD">5609000000</ifrs-full:FinancialLiabilities>
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      contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92935"
      unitRef="Unit_USD">64000000</ifrs-full:FinancialLiabilities>
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      contextRef="PAsOn12_31_2025_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92936"
      unitRef="Unit_USD">396000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92937"
      unitRef="Unit_USD">102000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2025_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis"
      decimals="-6"
      id="ixv-92938"
      unitRef="Unit_USD">227000000</ifrs-full:FinancialLiabilities>
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      contextRef="PAsOn12_31_2025_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92939"
      unitRef="Unit_USD">64000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2025_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92940"
      unitRef="Unit_USD">6333000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2025_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92941"
      unitRef="Unit_USD">241000000</ifrs-full:FinancialLiabilities>
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      contextRef="PAsOn12_31_2024_HeldtomaturityInvestmentsCategoryMemberifrsfullCategoriesOfFinancialAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NonDerivativeFinancialAssetsMemberifrsfullClassesOfAssetsAxis"
      decimals="-6"
      id="ixv-92942"
      unitRef="Unit_USD">9000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrsfullCategoriesOfFinancialAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92943"
      unitRef="Unit_USD">26000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92944"
      unitRef="Unit_USD">27000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92945"
      unitRef="Unit_USD">416000000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets
      contextRef="PAsOn12_31_2024_DerivativesMemberifrsfullClassesOfAssetsAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis_NetInvestmentHedgesMemberifrsfullTypesOfHedgesAxis"
      decimals="-6"
      id="ixv-92946"
      unitRef="Unit_USD">345000000</ifrs-full:FinancialAssets>
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      id="ixv-92947"
      unitRef="Unit_USD">27000000</ifrs-full:FinancialAssets>
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      id="ixv-92948"
      unitRef="Unit_USD">796000000</ifrs-full:FinancialAssets>
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      contextRef="PAsOn12_31_2024_DeferredConsiderationOnAcquisitionsMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level3OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92949"
      unitRef="Unit_USD">288000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92950"
      unitRef="Unit_USD">5644000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level1OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
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      id="ixv-92951"
      unitRef="Unit_USD">29000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2024_CashFlowHedgesMemberifrsfullTypesOfHedgesAxis_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92952"
      unitRef="Unit_USD">105000000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities
      contextRef="PAsOn12_31_2024_DerivativeLiabilitiesMemberifrsfullClassesOfLiabilitiesAxis_FairValueHedgesMemberifrsfullTypesOfHedgesAxis_Level2OfFairValueHierarchyMemberifrsfullLevelsOfFairValueHierarchyAxis"
      decimals="-6"
      id="ixv-92953"
      unitRef="Unit_USD">94000000</ifrs-full:FinancialLiabilities>
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      id="ixv-92954"
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    <ifrs-full:FinancialLiabilities
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      id="ixv-92956"
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      id="ixv-92957"
      unitRef="Unit_USD">288000000</ifrs-full:FinancialLiabilities>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign&#160;currency&lt;br/&gt; &amp;amp; others&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;hedging&lt;br/&gt; reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(241)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;731&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in fair value of hedging instrument recognized in OCI&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;403&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(312)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Reclassified to profit or loss / cost of inventory&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(81)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(111)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(192)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;82&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;308&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;390&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 94%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Commodities&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Foreign&#160;currency&lt;br/&gt; &amp;amp; others&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;hedging&lt;br/&gt; reserves&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 6pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 1&#160;January 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(304)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;486&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;181&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Change in fair value of hedging instrument recognized in OCI&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;519&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;573&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Reclassified to profit or loss / cost of inventory&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(273)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(264)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(241)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;731&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;490&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 46%;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="16" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;amount&lt;br/&gt; recognized&#160;in&#160;the&lt;br/&gt; statement of&lt;br/&gt; financial&#160;position&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&#160;offsetting&lt;br/&gt; agreements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;net&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;728&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;728&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(725)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 397)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;725&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 672)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 46%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 9%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.75pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="14" style="text-align: center; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Gross&#160;amount&#x2003;&#x2003;&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Net&#160;amount&lt;br/&gt; recognized&#160;in&#160;the&lt;br/&gt; statement of&lt;br/&gt; financial&#160;position&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Other&#160;offsetting&lt;br/&gt; agreements&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total&#160;net&#160;amount&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;815&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;815&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(814)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Derivative liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 886)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;814&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 071)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net amount recognized in the statement of financial position after considering agreements that meet the offsetting criteria under IFRS. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other offsetting agreements include collateral, guarantee instruments and offsetting agreements that do not meet the offsetting criteria under IFRS. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfOffsettingFinancialAssetsAndLiabilitiesExplanatory>
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      unitRef="Unit_USD">6397000000</ifrs-full:GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements>
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      unitRef="Unit_USD">5672000000</ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements>
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      unitRef="Unit_USD">815000000</ifrs-full:NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition>
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      id="ixv-93001"
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      unitRef="Unit_USD">5886000000</ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition>
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      id="ixv-93003"
      unitRef="Unit_USD">814000000</bud:AmountOfFinancialAssetsSubjectToEnforceableMasterNettingOtherOffsettingArrangementOrSimilarAgreements>
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      unitRef="Unit_USD">5071000000</ifrs-full:NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 11pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 5%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: left; font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 95%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 255, 255);"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Collateral given for own liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;292&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contractual commitments to purchase property, plant and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;257&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other contractual commitments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 687&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other commitments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 816&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 684&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"&gt;The collateral given for own liabilities of 292m US dollar as of 31&#160;December 2025 contains 144m US dollar cash guarantees (31 December 2024: 133m US dollar). Such cash deposits are a customary feature associated with litigations in Brazil: in accordance with Brazilian laws and regulations a company may or must (depending on the circumstances) place a deposit with a bank designated by the court or provide other security such as collateral on property, plant and equipment, insurance guarantees or letters of guarantees. With regard to judicial cases, AB InBev has made the appropriate provisions in accordance with IAS 37 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Provisions, Contingent Liabilities and Contingent Assets&lt;/div&gt;&lt;/div&gt; &#x2013; see also Note 25 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Provisions&lt;/div&gt;&lt;/div&gt;. In the company&#x2019;s statement of financial position, the cash guarantees are presented as part of other receivables &#x2013; see Note 19 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Trade and other receivables&lt;/div&gt;&lt;/div&gt;. The legal proceedings covered by insurance guarantees and letters of guarantee issued by the company are disclosed in Note 29&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt; Contingencies&lt;/div&gt;&lt;/div&gt;. The remaining part of collateral given for own liabilities of 148m US dollar as of 31&#160;December 2025 (31 December 2024: 107m US dollar) contains collateral on AB InBev&#x2019;s property in favor of the excise tax authorities, the amount of which is determined by the level of the monthly excise taxes due, inventory levels and transportation risk, and collateral on its property, plant and equipment with regard to outstanding loans. To the extent that AB InBev would not respect its obligations under the related outstanding contracts or would lose the pending judicial cases, the collateralized assets would be used to settle AB InBev&#x2019;s obligations. &lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev has entered into commitments to purchase property, plant and equipment for 171m US dollar at 31&#160;December 2025 (31 December 2024: 257m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other contractual commitments mainly comprise sponsorship agreements and contractual commitments to acquire loans to associates and customers. In a limited number of countries AB InBev has committed itself to acquire loans to associates/customers from banks at their notional amount if the associates/customers do not respect their reimbursement commitments towards the banks. The total outstanding amount of such loans is 40m US dollar at 31&#160;December 2025 (31 December 2024: 57m &lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;US dollar). During 2025, AB InBev entered into a six-year sponsorship agreement &lt;div style="display:inline;"&gt;in men&#x2019;s soccer &lt;/div&gt;for the &lt;div style="display:inline;"&gt;UEFA&lt;/div&gt; Champions League&lt;div style="display:inline;"&gt;, UEFA Europa League,&lt;/div&gt; and &lt;div style="display:inline;"&gt;UEFA Conference League competitions.&lt;/div&gt; The company will be the exclusive beer sponsor for six&lt;div style="display:inline;"&gt;&#160;&lt;/div&gt;seasons starting in 2027. The agreement is valued at approximately&lt;div style="display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;0.2 billion US dollar per season and will be recognized as an intangible asset in 2027. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other commitments amount to 1 816m US dollar at 31&#160;December 2025 and mainly cover guarantees given to pension funds, rental and other guarantees (31 December 2024: 1 684m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;In order to fulfil AB InBev&#x2019;s commitments under various outstanding stock option plans, AB InBev entered into stock lending arrangements. For more details, refer to Note 21 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Changes in equity and earnings per share&lt;/div&gt;&lt;/div&gt;. &lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;M&amp;amp;A related commitments &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025, we had the following commitments and other items related to M&amp;amp;A. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Cervecer&#xed;a Nacional Dominicana S.A. (&#x201c;CND&#x201d;) &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As part of the 2012 shareholders agreement between Ambev and ELJ, following the acquisition of CND, a forward-purchase contract (combination of a put option and purchased call option) was put in place which may result in Ambev acquiring additional shares in CND. In July 2020, Ambev and ELJ amended the Shareholders&#x2019; Agreement to extend their partnership and change the terms and the exercise date of the call and put options. On 31&#160;January 2024, ELJ exercised its put option to sell to Ambev approximately 12% of the shares of CND for a net consideration of 0.3 billion US dollar. The closing of the transaction resulted in Ambev&#x2019;s participation in CND increasing from 85% to 97%. ELJ currently holds 3% of CND and the remaining put option is exercisable as from 2026. As of 31&#160;December 2025, the put option on the remaining shares held by ELJ was valued at 210m US dollar (31 December 2024: 195m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 8pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Beatbox beverages &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 5&#160;December 2025, AB InBev announced it had entered into an agreement under which AB InBev will acquire 85&#160;% of Beatbox Beverages, a ready-to-drink alcohol beverage business in the United States for a purchase price of up to approximately 490&lt;div style="display:inline;"&gt;m&lt;/div&gt; &lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style=";text-indent: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; with a path to 100% ownership after five years based on a predetermined pricing formula. This transaction is subject to regulatory approval and customary closing conditions, and it is expected to close in the first quarter of 2026. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;US Based metal container plants &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 31&#160;December 2020, AB InBev disposed a 49.9% minority stake in the company&#x2019;s US-based metal container plants to a consortium of institutional investors led and/or advised by affiliates of Apollo Global Management, Inc. (collectively &#x201c;Apollo&#x201d;) (NYSE: APO). Under the agreement, AB InBev had the right, but not the obligation, to reacquire the minority stake beginning on the fifth anniversary of the close of the transaction, at pre-determined financial terms. On 6&#160;January 2026 the company announced that it had exercised its right to reacquire the 49.9% minority stake for a price estimated to be approximately 2.9 billion &lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style=";text-indent: 0px;display:inline;"&gt;US dollar&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;. The transaction closed on 30&#160;January 2026. &lt;/div&gt;&lt;/div&gt; </bud:DisclosureOfCollateralAndContractualCommitmentsExplanatory>
    <bud:DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-69512">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 95%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 255, 255);"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Collateral given for own liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;292&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;240&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Contractual commitments to purchase property, plant and equipment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;171&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;257&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other contractual commitments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 687&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;58&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 1.5pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other commitments&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 816&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 684&lt;/div&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfCollateralAndContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipmentLoansToCustomersAndOtherExplanatory>
    <ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93005"
      unitRef="Unit_USD">292000000</ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities>
    <ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93006"
      unitRef="Unit_USD">240000000</ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities>
    <ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93007"
      unitRef="Unit_USD">171000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
    <ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93008"
      unitRef="Unit_USD">257000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
    <bud:OtherContractualCommitments
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93009"
      unitRef="Unit_USD">1687000000</bud:OtherContractualCommitments>
    <bud:OtherContractualCommitments
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93010"
      unitRef="Unit_USD">58000000</bud:OtherContractualCommitments>
    <bud:OtherCommitments
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93011"
      unitRef="Unit_USD">1816000000</bud:OtherCommitments>
    <bud:OtherCommitments
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93012"
      unitRef="Unit_USD">1684000000</bud:OtherCommitments>
    <ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93013"
      unitRef="Unit_USD">292000000</ifrs-full:FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities>
    <ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93014"
      unitRef="Unit_USD">144000000</ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities>
    <ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93015"
      unitRef="Unit_USD">133000000</ifrs-full:CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities>
    <ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93016"
      unitRef="Unit_USD">148000000</ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity>
    <ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93017"
      unitRef="Unit_USD">107000000</ifrs-full:PropertyPlantAndEquipmentPledgedAsSecurity>
    <ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93018"
      unitRef="Unit_USD">171000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
    <ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93019"
      unitRef="Unit_USD">257000000</ifrs-full:ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment>
    <bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers
      contextRef="P01_01_2025To12_31_2025"
      decimals="-6"
      id="ixv-93020"
      unitRef="Unit_USD">40000000</bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers>
    <bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers
      contextRef="P01_01_2024To12_31_2024"
      decimals="-6"
      id="ixv-93021"
      unitRef="Unit_USD">57000000</bud:LoanAcquisitionCommitmentsToAssociatesAndCustomers>
    <bud:SponsorshipAgreementCommitments
      contextRef="P01_01_2025To12_31_2025"
      decimals="-8"
      id="ixv-93022"
      unitRef="Unit_USD">200000000</bud:SponsorshipAgreementCommitments>
    <bud:OtherCommitments
      contextRef="PAsOn12_31_2025"
      decimals="-6"
      id="ixv-93023"
      unitRef="Unit_USD">1816000000</bud:OtherCommitments>
    <bud:OtherCommitments
      contextRef="PAsOn12_31_2024"
      decimals="-6"
      id="ixv-93024"
      unitRef="Unit_USD">1684000000</bud:OtherCommitments>
    <bud:PercentageOfSharesSold
      contextRef="P01_31_2024To01_31_2024_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis_PutOption1MemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
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      id="ixv-93025"
      unitRef="Unit_pure">0.12</bud:PercentageOfSharesSold>
    <ifrs-full:ProceedsFromExerciseOfOptions
      contextRef="P01_31_2024To01_31_2024_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis_PutOption1MemberifrsfullTypesOfSharebasedPaymentArrangementsAxis"
      decimals="-8"
      id="ixv-93026"
      unitRef="Unit_USD">300000000</ifrs-full:ProceedsFromExerciseOfOptions>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary
      contextRef="P01_01_2024To12_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis"
      decimals="INF"
      id="ixv-93027"
      unitRef="Unit_pure">0.85</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary
      contextRef="P01_31_2024To01_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis"
      decimals="INF"
      id="ixv-93028"
      unitRef="Unit_pure">0.97</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <bud:PercentageOfOwnershipSharesHoldByElj
      contextRef="PAsOn12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis"
      decimals="2"
      id="ixv-93029"
      unitRef="Unit_pure">0.03</bud:PercentageOfOwnershipSharesHoldByElj>
    <bud:PutOptionRemeasuredAtFairValue
      contextRef="PAsOn12_31_2025_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis"
      decimals="-6"
      id="ixv-93030"
      unitRef="Unit_USD">210000000</bud:PutOptionRemeasuredAtFairValue>
    <bud:PutOptionRemeasuredAtFairValue
      contextRef="PAsOn12_31_2024_AmbevMemberdeiLegalEntityAxis_CerveceriaNacionalDominicanaSAMemberifrsfullBusinessCombinationsAxis"
      decimals="-6"
      id="ixv-93031"
      unitRef="Unit_USD">195000000</bud:PutOptionRemeasuredAtFairValue>
    <bud:PercentageOfOwnershipAcquiredInBusinessCombination
      contextRef="PAsOn12_05_2025_BeatboxBeveragesMemberifrsfullBusinessCombinationsAxis"
      decimals="2"
      id="ixv-93032"
      unitRef="Unit_pure">0.85</bud:PercentageOfOwnershipAcquiredInBusinessCombination>
    <ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred
      contextRef="PAsOn12_05_2025_BeatboxBeveragesMemberifrsfullBusinessCombinationsAxis"
      decimals="-6"
      id="ixv-93033"
      unitRef="Unit_USD">490000000</ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred>
    <bud:PercentageOfOwnershipNeedToBeAchieved
      contextRef="P12_05_2025To12_05_2025_BeatboxBeveragesMemberifrsfullBusinessCombinationsAxis"
      decimals="2"
      id="ixv-93034"
      unitRef="Unit_pure">1</bud:PercentageOfOwnershipNeedToBeAchieved>
    <bud:PercentageOfOwnershipAcquiredInBusinessCombination
      contextRef="PAsOn12_31_2020_UsBasedMetalContainerPlantsMemberifrsfullBusinessCombinationsAxis"
      decimals="3"
      id="ixv-93035"
      unitRef="Unit_pure">0.499</bud:PercentageOfOwnershipAcquiredInBusinessCombination>
    <bud:PercentageOfOwnershipAcquiredInBusinessCombination
      contextRef="PAsOn12_31_2020_UsBasedMetalContainerPlantsMemberifrsfullBusinessCombinationsAxis"
      decimals="3"
      id="ixv-93036"
      unitRef="Unit_pure">0.499</bud:PercentageOfOwnershipAcquiredInBusinessCombination>
    <ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred
      contextRef="PAsOn12_31_2020_UsBasedMetalContainerPlantsMemberifrsfullBusinessCombinationsAxis"
      decimals="-8"
      id="ixv-93037"
      unitRef="Unit_USD">2900000000</ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred>
    <ifrs-full:DisclosureOfContingentLiabilitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-69690"> &lt;div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 18pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 11pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 5%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;29.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: left; font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Contingencies &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company has contingencies related to legal proceedings and tax matters arising in the normal course of its business. Due to their nature, such legal proceedings and tax matters involve inherent uncertainties including, but not limited to, court rulings, negotiations between affected parties and governmental actions, and as a consequence AB InBev&#x2019;s management cannot at this stage estimate the likely timing of resolution of these matters. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most significant contingencies are discussed below. Amounts have been converted to US dollar at the closing rate of the respective period. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The company and its subsidiaries have insurance guarantees and letters of guarantee for certain legal proceedings, which are presented as guarantees to the court in civil, labor and tax proceedings. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AMBEV TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025 and 31&#160;December 2024, AB InBev&#x2019;s material tax proceedings are related to Ambev and its subsidiaries. Estimates of amounts of possible loss are as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 96%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&#160;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;&#x2003;31&#160;December&#160;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax and social contribution&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 122&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 525&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Value-added and excise taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 236&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 544&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;691&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;622&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;19 049&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 691&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most significant tax proceedings of Ambev are discussed below. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;INCOME TAX AND SOCIAL CONTRIBUTION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Foreign Earnings &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels in Brazil. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2022 and 2023, the Lower Administrative Court rendered favorable and partially favorable decisions to Ambev, some of which are still subject to appeal. The decisions cancelled part of the disputed tax assessments, recognizing the validity of the methodology adopted by Ambev with respect to the taxation of profits and the goodwill amortization of foreign subsidiaries. Part of these decisions became final in September 2024, representing tax assessments valuing approximately 1.0 billion Brazilian real (&lt;div style="display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;0.2&lt;/div&gt;&lt;/div&gt; billion US dollar) as of the time of cancellation. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In August 2024, Ambev received a partially favorable decision from the First-Level Administrative Court with respect to a tax assessment related to the 2018 calendar year. Both Ambev and the Brazilian tax authorities filed appeals and the case awaits decision by the Lower Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In November 2024, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2019 and filed a defense, the outcome of which was partially favorable to Ambev. Ambev has filed an appeal to the Lower Administrative Court which is awaiting judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2025, Ambev received a new tax assessment relating to the taxation of profits of foreign subsidiaries in calendar year 2020 and filed an appeal with the First-Level Administrative Court which is awaiting judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;&lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;In the judicial proceedings, Ambev has received favorable injunctions that suspend the enforceability of the assessed tax claim&lt;div style="display:inline;"&gt;,&lt;/div&gt; as well as favorable first-level decisions, which remain subject to review by the second-level judicial court.&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 8.0 billion Brazilian real (&lt;div style="display:inline;"&gt;1.5&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Goodwill InBev Holding &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2011, Ambev received a tax assessment related to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In June 2016, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable decisions at the First-Level Administrative Court and Lower Administrative Court. Ambev and the tax authorities both filed Special Appeals which were partially admitted by the Upper Administrative Court. For the unfavorable portion of the decision which became final at the administrative level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining assessed tax claim, which was granted. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In April 2023, Ambev received a partially favorable decision at the Upper Administrative Court for the portion of the tax assessment subject to the Special Appeals filed by Ambev and the tax authorities. In June 2023, Ambev filed a judicial proceeding to appeal the unfavorable portion of the decision, which awaits judgment at the first level judicial court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 7.7 billion Brazilian real (&lt;div style="display:inline;"&gt;1.4&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. In the event Ambev is required to pay these amounts, AB InBev will reimburse the amount proportional to the benefit received by AB InBev pursuant to the merger protocol as well as the related costs. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Goodwill Beverage Associate Holding (BAH) &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In October 2013, Ambev received a tax assessment related to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#x201c;BAH&#x201d;) into Ambev. In April and August 2018, Ambev received new tax assessments charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. These matters were tried at the administrative level, with the Upper Administrative Court rendering partially favorable decisions to Ambev related to the qualified penalties and the statute of limitations for one of the calendar years under discussion. In January and June 2023, Ambev filed judicial proceedings to appeal the unfavorable portion of the decisions and received favorable decisions at the first-level judicial court. The tax authorities appealed these decisions in September 2023 and the matters await judgment at the second-level judicial court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 1.6 billion Brazilian real (&lt;div style="display:inline;"&gt;0.3&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Goodwill CND Holdings &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In November 2017, Ambev received a tax assessment related to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the First-Level Administrative Court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020, the Lower Administrative Court rendered a partially favorable decision to Ambev. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. In February 2024, Ambev withdrew the Special Appeals and as a result, the Lower Administrative Court&#x2019;s initial partially favorable decision prevailed. Ambev filed judicial proceedings relating to the unfavorable portion of the decision and requested injunctions to suspend the enforceability of the remaining assessed tax claim, which were granted. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In October 2022, Ambev received a new tax assessment charging the remaining value of the goodwill amortization in calendar year 2017. Ambev filed a defense and in October 2023 received an unfavorable decision from the First-Level Administrative Court, which Ambev appealed to the Lower Administrative Court. In August 2024, Ambev received a favorable decision from the Lower Administrative Court. The decision is not final and is subject to review by the Upper Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 1.0 billion Brazilian real (0.2 billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Goodwill MAG &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2022, CRBS S.A (&#x201c;CRBS&#x201d;) (a subsidiary of Ambev) received a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS. Ambev filed a defense in January 2023. In November 2023, Ambev received a partially favorable decision from the First-Level Administrative Court which reduced the qualified penalty applied to 100% (instead of 150% as initially charged), and was appealed to the Lower Administrative Court by CRBS. In October 2025, the Lower Administrative Court rendered an unfavorable decision to CRBS by a tie-vote, confirming the disallowance of goodwill amortization but limiting the applicable penalty to 75%. This decision is not final and is subject to review by the Upper Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 0.3 billion Brazilian real (&lt;div style="display:inline;"&gt;0.1&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev has continued to take the same deductions for the calendar years following the assessed periods (2021 to February 2022). Therefore, if Ambev receives similar tax assessments for this period, Ambev management believes the outcome would be consistent with the already assessed periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Disallowance of tax paid abroad &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2014, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related to the 2010 tax period), which became definitive. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;For the assessments related to the periods of 2015 and 2016, Ambev received unfavorable decisions at the Upper Administrative Court in three out of four tax assessments and filed an appeal to the first-level judicial court in November 2023, which awaits judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In July 2024, the Lower Administrative Court rendered a favorable decision to Ambev in one case related to the 2012 calendar year, but also rendered an unfavorable decision related to evidentiary formalities in a separate case discussing the offset of foreign tax credits for the same calendar year. Ambev has filed an appeal with the judicial court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In January 2025, Ambev received new tax assessments from the Brazilian Federal Tax Authorities challenging the offsets of foreign tax credits for the 2019 calendar year for which it filed a defense. In September 2025, Ambev received an unfavorable decision and appealed to the Lower Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The other cases are still awaiting final decisions at both administrative and judicial courts. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In connection with the disallowance of tax paid abroad, the Brazilian Federal Tax Authorities filed additional tax assessments to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue deductions of taxes paid abroad. Ambev has received tax assessments charging such fines for calendar years 2015 to 2020. For the tax assessments related to the periods of 2016, 2018 and 2019, Ambev received unfavorable decisions from the First-Level Administrative Court and filed appeals in connection therewith, which are pending judgment by the Lower Administrative Court. For the tax assessments related to the periods of 2015 and 2017, Ambev received (i)&#160;an unfavorable decision by the Lower Administrative Court for the case related to the 2015 tax period in August 2024, which was confirmed by the Upper Administrative Court in August 2025 and appealed to the judicial court by Ambev; and (ii)&#160;a favorable decision for the case related to the 2017 tax period in August 2024, for which the tax authorities have filed an appeal to the Upper Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The tax assessment charging isolated fine for calendar year 2020 was received in October 2025 and Ambev has filed a defense with the First-Level Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 19.1 billion Brazilian real (&lt;div style="display:inline;"&gt;3.5&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev has continued to take the same deductions for the calendar years following the assessed periods (2018, 2020 to 2025). Therefore, if Ambev receives similar tax assessments for these periods, Ambev management believes the outcome would be consistent with the already assessed periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Presumed Profit &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In April 2016, Arosuco (a subsidiary of Ambev) received a tax assessment regarding the use of the &#x201c;presumed profit&#x201d; method for the calculation of income tax and the social contribution on net profits instead of the &#x201c;real profit&#x201d; method. In September &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;2017, Arosuco received an unfavorable first-level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In March 2019, Arosuco received a new tax assessment regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first-level administrative decision and filed an appeal with the Lower Administrative Court. In February 2024, Arosuco received a favorable decision, which was appealed by the tax authorities to the Upper Administrative Court. In September 2025, the Upper Administrative Court rendered an unfavorable decision to Arosuco, which upheld the tax authorities&#x2019; arguments and remanded the case to the Lower Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 0.6 billion Brazilian real (&lt;div style="display:inline;"&gt;0.1&lt;/div&gt; billion US dollar). Arosuco has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Deductibility of IOC expenses &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2013, as approved in a Shareholders Meeting, Ambev implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares company, among other reasons. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares of its controlled entity, Companhia de Bebidas das Am&#xe9;ricas, into Ambev. As one of the results of this restructuring, the counterpart register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#x2019;s share was accounted, as per IFRS 10/CPC 36 and ICPC09, in an equity account of Ambev referred to as carrying value adjustment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As a result of this restructuring, since 2019, Ambev has been receiving tax assessments from the Brazilian Federal Tax Authorities related to the interest on capital (&#x201c;IOC&#x201d;) deduction in calendar years 2014 to 2021. The assessments refer primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and its impact on the increase in the deductibility of IOC expenses. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In all of the cases Ambev obtained partially favorable decisions at the First-Level Administrative Court and filed appeals to the Lower Administrative Court. The appeals related to tax assessments involving calendar years 2014 and 2017 to 2021 await judgment by the Lower Administrative Court. The favorable portion of the decisions rendered by the First-Level Administrative Court in these cases is subject to mandatory review by the Lower Administrative Court as well. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;With respect to the tax assessment involving calendar years 2015 and 2016, in May 2024 Ambev obtained an unfavorable decision at the Lower Administrative Court on the merits under discussion, but favorable as it relates to the fines charged by the tax authorities, as the court decision cancelled the qualified penalties charged. In December 2024, the favorable portion of the decision became final, and Ambev appealed the unfavorable portion to the Lower Administrative Court. The Lower Administrative Court did not accept the appeal, and in October 2025, Ambev filed appeals (i)&#160;to the Upper Administrative Court, with respect to the main merits of the assessment and (ii)&#160;to the judicial courts on a specific portion of the 2015 assessment. In December 2025, Ambev received an unfavorable decision from the first-level judicial court that did not analyze the merits of the specific portion of the 2015 assessment as the court determined it would also involve the main merits. Ambev will continue to pursue the matter in the judicial courts. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 30.8 billion Brazilian real (&lt;div style="display:inline;"&gt;5.6&lt;/div&gt; billion US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The uncertain tax position, as per IFRIC 23, continued to be adopted by Ambev as it also distributed or accrued IOC in the years following the assessed period (2022-2023) and deducted such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2021, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent with the already assessed periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2023, Law No.&#160;14,789/2023 (introduced in August 2023 as Provisional Measure No.&#160;1,185), was enacted in Brazil, which changed the calculation basis for interest on equity effective as of 1&#160;January 2024. As a result, effective as of 1&#160;January 2024, the uncertain tax treatment, as per IFRIC 23, is limited only to Corporate Income Taxes calculated in accordance with rules and regulations in place prior to the enactment of Law No.&#160;14,789/2023. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Disallowance on Income Tax deduction &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In January 2020, Arosuco, a subsidiary of Ambev, received a tax assessment from the Brazilian Federal Tax Authorities regarding the disallowance of the income tax reduction benefit provided for in Provisional Measure No.&#160;2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020, the First-Level Administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In February 2024, the Lower Administrative Court rendered a partially favorable decision in favor of Arosuco recognizing its right to benefit from the income tax reduction, which was appealed by the tax authorities and confirmed by the Administrative Council of Tax Appeals (CARF) in August 2025. The remaining unfavorable portion of the decision concerns approximately 100&#160;million Brazilian real (18 million US dollar) and relates to the claim regarding a difference in the methodology for calculating the benefit. Due to the confirmation of the favorable portion of the decision, there has been a reduction in the possible contingency of approximately 2.8 billion Brazilian real (&lt;div style="display:inline;"&gt;0.5&lt;/div&gt; billion US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The updated assessed amount related to this uncertain tax position as of 31&#160;December 2025, as per IFRIC 23, is approximately 192&#160;million Brazilian real (35 million US dollar). Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;This uncertain tax position, as per IFRIC 23, continued to be applied by Arosuco impacting calendar years following those assessed (2019-2024) in which it benefited from the income tax reduction provided for in Provisional Measure No.&#160;2199-14/2001. In the event Arosuco is questioned on this matter for future periods, and on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent with the previously assessed periods. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ICMS VALUE ADDED TAX, EXCISE TAX (&#x201c;IPI&#x201d;) AND TAXES ON NET SALES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Manaus Free Trade Zone &#x2013; IPI / Social contributions &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In Brazil, goods manufactured within the Manaus Free Trade Zone (&#x201c;MFTZ&#x201d;) intended for remittance elsewhere in Brazil are exempt and/ or zero-rated from excise tax (&#x201c;IPI&#x201d;) and social contributions (&#x201c;PIS/COFINS&#x201d;). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;With respect to IPI, Ambev&#x2019;s subsidiaries have been registering IPI presumed tax credits upon the acquisition of exempted goods manufactured therein and since 2009 have been receiving a number of tax assessments and denials of offset requests from the Brazilian Federal Tax Authorities relating to the disallowance of such credits. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In April 2019, the Brazilian Supreme Court (&#x201c;STF&#x201d;) announced its judgment on Extraordinary Appeal No.&#160;592.891/SP, with binding effect, recognizing the right of taxpayers to register IPI presumed credits on acquisitions of raw materials and exempted inputs originating from MFTZ. As a result of this decision, Ambev reclassified part of the amounts related to the IPI cases to remote loss. Other issues related to additional discussions that were not included in the analysis of the STF, such as discussions related to the applicable tariff code for concentrate units, remained classified as possible loss. The cases are being challenged at both the administrative and judicial levels. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev, through its subsidiary Arosuco, has also received tax assessments from the Brazilian Federal Tax Authorities in relation to PIS/COFINS amounts allegedly due on Arosuco&#x2019;s remittance to Ambev subsidiaries. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In April 2024, the Lower Administrative Court rendered an unfavorable decision to Arosuco regarding the PIS/COFINS case, by a casting vote. After receiving notification of the judgment, Arosuco filed a lawsuit to have the dispute decided at the judicial level, which is pending decision. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the possible loss related to these proceedings to be approximately 7.3 billion Brazilian real (&lt;div style="display:inline;"&gt;1.3&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;IPI Suspension &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2014 and 2015, Ambev received tax assessments from the Brazilian Federal Tax Authorities relating to IPI allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both the administrative and judicial levels. In July 2022, Ambev received the first judicial decision on this matter, which was unfavorable to Ambev, and filed an appeal. In July 2023, the Federal Court rendered its decision on the appeal, annulling the first-level decision and ordering the production of technical evidence as requested by Ambev in order to demonstrate the proper collection of IPI. The federal government has filed motions for clarification against this decision, which are pending judgment by the Federal Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In October 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev in one of the cases related to this matter, which ordered a tax audit to determine the amount of the tax already effectively paid. In January 2024, Ambev &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;was notified of the results of the tax audit, which were partially favorable to Ambev, reducing 98% of the amount allegedly owed by Ambev in this case. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. In December 2024, the case was judged unfavorably to Ambev and is pending appeal. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the possible loss related to these assessments to be approximately 1.3 billion Brazilian real (&lt;div style="display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;0.2&lt;/div&gt;&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;ICMS tax credits &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In 2018 and 2021, Ambev received tax assessments from the States of Rio Grande do Sul and S&#xe3;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from transactions with suppliers located in the MFTZ. With regard to the assessment issued by the State of Rio Grande do Sul, Ambev received a favorable judgment at the Lower Administrative Court, which was amended by the Upper Administrative Court in favor of the tax authorities. Ambev has filed an appeal at the judicial level against the unfavorable portion of the decision. With respect to the assessments issued by the State of S&#xe3;o Paulo, all were decided unfavorably to Ambev at the first administrative level, and Ambev has filed appeals at the Lower Administrative Court. In two of these cases, Ambev received an unfavorable decision from the Lower Administrative Court, which are not final and have been appealed to the Upper Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the possible losses related to these assessments to be approximately 0.9 billion Brazilian real (&lt;div style="display:inline;"&gt;0.2&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;ICMS-ST Trigger &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Over the years, Ambev has been receiving tax assessments to charge supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established by the relevant states, cases in which the state tax authorities contend that the calculation basis should be based on a value-added percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases are being challenged at both the administrative and judicial levels. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In February 2025, the STF rendered its judgment on a separate constitutional case, Extraordinary Appeal No.&#160;882,461 (&#x201c;Theme 816&#x201d;), which in part established a 20% limit for late fines. This limit established by Theme 816 applies to certain of Ambev&#x2019;s cases relating to these tax assessments, resulting in a reclassification of the risk of loss from possible to remote for a portion of the assessed amount totaling 0.8 billion Brazilian real (0.2 billion US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In July 2025, Law No.&#160;25,378/2025 of the state of Minas Gerais, which limits the application of isolated fines to a maximum of 50% of the tax due, was enacted. This law is applicable to certain of Ambev&#x2019;s cases relating to these tax assessments, and resulted in a reclassification of the risk of loss from possible to remote in the approximate amount of 1.0 billion Brazilian real (0.2 billion US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In November 2025, Ambev received new tax claims from the State of Maranh&#xe3;o in the amount of approximately 1.4 billion Brazilian real (&lt;div style="display:inline;"&gt;0.3&lt;/div&gt; billion US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the total possible loss related to this issue to be approximately 12 billion Brazilian real (&lt;div style="display:inline;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;2.2&lt;/div&gt;&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;ICMS-PRODEPE &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Over the years, Ambev has received some tax assessments in relation to the ICMS tax incentive program of the State of Pernambuco (PRODEPE). In 2015, Ambev received tax assessments from the state regarding alleged differences in the ICMS tax collected relating to the rectification of errors in a handful of ancillary obligations included in Ambev&#x2019;s tax filing. In 2017, Ambev received a final favorable decision recognizing the tax assessments were null due to formal errors. In September 2018, Ambev received a new tax assessment relating to the same ICMS differences. In June 2020, Ambev received a partially favorable decision at the first administrative level that recognized new formal errors in the tax assessment. The favorable portion of the decision became final in 2023. The second administrative level did not recognize Ambev&#x2019;s appeal of the unfavorable portion of the decision, which Ambev appealed to the judicial level in March 2024 where it awaits judgement. There are other cases being challenged at both the administrative and judicial levels. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the total possible loss related to this issue to be approximately 0.9 billion Brazilian real (0.2 billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;SOCIAL CONTRIBUTIONS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2015, Ambev has received tax assessments issued by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. Most of the cases were cancelled at the administrative level with one case being tried at the judicial level. Following an unfavorable decision to Ambev at the first-level judicial court, the case is now pending decision by the second-level judicial court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the possible loss related to these assessments to be approximately 0.6 billion Brazilian real (&lt;div style="display:inline;"&gt;0.1&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;TAX FINES ON BRAZILIAN CORPORATE INCOME TAX ANCILLARY OBLIGATION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Since 2021, Ambev has been receiving tax assessments charging penalties related to the preparation of Brazilian Corporate Income Tax Ancillary Obligation with allegedly inaccurate, incorrect, or omitted information. &lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style=";text-indent: 0px;display:inline;"&gt;Ambev&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; has three assessments on this matter for calendar years 2018, 2019 and 2020. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Regarding the 2018 calendar year, Ambev received a partially favorable decision from the First-Level Administrative Court and filed an appeal against the unfavorable portion with the Lower Administrative Court, which is pending judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In November 2024, Ambev received a tax assessment for the 2019 calendar year and received an unfavorable decision from the First-Level Administrative Court. Ambev filed an appeal with the Lower-Administrative Court, which is pending judgment. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In December 2025, Ambev received a tax assessment for the 2020 calendar year and filed a defense with the First-Level Administrative Court. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ambev management estimates the possible loss related to these assessments to be approximately 1.0 billion Brazilian real (&lt;div style="display:inline;"&gt;0.2&lt;/div&gt; billion US dollar) as of 31&#160;December 2025. Ambev has not recorded any provisions for this matter based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB INBEV&#x2019;S TANZANIAN TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Tanzania Breweries Limited (&#x201c;TBL&#x201d;), a subsidiary of AB InBev in Tanzania, received a tax assessment for 850 billion Tanzanian shillings (0.3 billion US dollar) related to income tax on the alleged capital gain derived from the change in underlying ownership of TBL which the Tanzania Revenue Authority claims was more than 50% following the 2016 combination of SAB and AB InBev. TBL filed an appeal to the Tax Revenue Appeals Board with a hearing date initially scheduled for June 2025, which has been postponed to facilitate settlement discussions. No related provision has been made based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB INBEV&#x2019;S SOUTH AFRICAN TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The South African Revenue Service (&#x201c;SARS&#x201d;) conducted an audit of AB InBev&#x2019;s South African subsidiary, the South African Breweries (Pty) Ltd. (&#x201c;SAB&#x201d;), in relation to the 2017 repurchase of SAB&#x2019;s equity stake in Coca-Cola Beverages Africa (Pty) Ltd (&#x201c;CCBA&#x201d;), the Coca-Cola bottling business in Africa, by CCBA and the related subscription for shares in CCBA by subsidiaries of The Coca-Cola Company (&#x201c;TCCC&#x201d;). The assessment from SARS claimed that SAB owed 6.4 billion South African Rand (&lt;div style="display:inline;"&gt;0.4&lt;/div&gt; billion US dollar) in taxes plus penalties and interest, which as at the time of assessment totalled 17.7 billion Rand (&lt;div style="display:inline;"&gt;1.0&lt;/div&gt; billion US dollar). The repurchase transaction also included an indemnity for certain tax liabilities of CCBA. CCBA notified SAB that CCBA had received an assessment from SARS for 8.9 billion Rand (&lt;div style="display:inline;"&gt;0.5&lt;/div&gt; billion US dollar). Both of these assessments were contested. Both disputes have been resolved and SAB has paid 4.5 billion South African Rand (&lt;div style="display:inline;"&gt;0.3&lt;/div&gt; billion US dollar) in respect of these South African tax matters to SARS. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;AB INBEV&#x2019;S PERUVIAN TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s Peruvian majority owned subsidiaries, Union de Cervecerias Peruanas Backus&#160;&amp;amp; Johnston (&#x201c;Backus&#x201d;) and Cerveceria San Juan S.A (&#x201c;San Juan&#x201d;), challenged the amount of excise tax paid to the Peru tax authority (SUNAT) for the years 2014 to 2019. SUNAT initiated tax audits for the periods involved, rejected the refund claims and assessed further excise taxes for the period of 2017 to 2019. If Backus and San Juan are successful, no excise tax would ultimately be payable and the claim could result in the refund of approximately 3.0 billion Peruvian sol (&lt;div style="display:inline;"&gt;0.9&lt;/div&gt; billion US dollar). If unsuccessful, management estimates the possible loss to be approximately 2.1 billion Peruvian sol (&lt;div style="display:inline;"&gt;0.6&lt;/div&gt; billion US dollar). Backus and San Juan have pre-paid a portion of the amounts assessed (0.5 billion Peruvian sol (0.1 billion US dollar)), pending outcome of the challenge and any appeal(s). In November 2024, Backus and its main UK shareholder submitted an arbitration request to the International Centre for Settlement of Investment Disputes (ICSID), against Peru, claiming that &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;the tax assessments violated international law. In June 2025, the arbitral tribunal issued a provisional measure pursuant to which Backus, San Juan, and AB InBev Southern Investment Ltd shall not be required to make any further payments until the tribunal has issued its final decision. No related provision for this matter has been made based on the probability of loss. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;OTHER TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In February 2015, the European Commission opened an in-depth state aid investigation into the Belgian excess profit ruling system. On 11&#160;January 2016, the European Commission adopted a negative decision finding that the Belgian excess profit ruling system constitutes an aid scheme incompatible with the internal market and ordering Belgium to recover the incompatible aid from a number of aid beneficiaries. The Belgian authorities contacted the companies that had benefitted from the system and advised each company of the amount of incompatible aid that is potentially subject to recovery. The European Commission&#x2019;s decision was appealed to the European Union&#x2019;s General Court by Belgium on 22&#160;March 2016 and by AB InBev on 12&#160;July 2016. On 14&#160;February 2019, the European General Court concluded that the Belgian excess profit ruling system does not constitute illegal state aid. The European Commission appealed the judgment to the European Court of Justice. The public hearing in the framework of the appeal proceedings took place on 24&#160;September 2020 and AB InBev was heard as an intervening party. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;On 3&#160;December 2020, the Advocate General (AG) of the European Court of Justice presented her non-binding opinion on the appeal procedure related to the 11&#160;January 2016 opening decision, stating that, contrary to the 14&#160;February 2019 judgment of the European General Court, the Belgian excess profit ruling system would fulfil the legal requirements for an &#x201c;aid scheme&#x201d;. In the initial European General Court judgment, the court limited itself to finding the Belgian excess profit rulings were not an &#x201c;aid scheme&#x201d;, but did not consider whether they constituted State aid. Consequently, the AG advised the European Court of Justice to refer the case back to the European General Court to review whether the Belgian excess profit rulings constitute State aid. On 16&#160;September 2021, the European Court of Justice agreed with the AG and concluded that the excess profit ruling system constitutes an aid scheme and set aside the judgment of the European General Court. The case was referred back to the European General Court to decide whether the Belgian excess profit ruling system constitutes illegal State aid as well as the other remaining open issues in the appeal. On 20&#160;September 2023, the European General Court upheld the European Commission&#x2019;s decision. That judgment has been appealed by AB InBev and other parties to the European Court of Justice. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Following the initial annulment of the European Commission&#x2019;s decision by the European General Court in 2019, the European Commission opened new state aid investigations into the individual Belgian tax rulings, including the one issued to AB InBev in September 2019, to remedy the concerns that had led to the annulment. These investigations relate to the same rulings that were the subject of the European Commission&#x2019;s decision issued on 11&#160;January 2016. AB InBev has filed its observations in respect of the opening decisions with the European Commission. On 28&#160;October 2021, the European Commission stayed the new state aid investigations into the individual Belgian tax rulings pending final resolution of the case. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In addition, the Belgian tax authorities have also questioned the validity and the actual application of the excess profit ruling that was issued in favor of AB InBev and have refused the actual tax exemption which it confers. AB InBev has filed a court claim against such decision before the Brussels court of first instance which ruled in favor of AB InBev on 21&#160;June 2019, and again on 9&#160;July 2021 for subsequent years. The Belgian tax authorities appealed both judgments. On 11&#160;June 2025, the Brussels Court of Appeal rendered a judgement in favor of AB InBev for calendar years 2011 and 2012&#160;&lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style=";text-indent: 0px;display:inline;"&gt;in one of the claims&lt;/div&gt;, which was not appealed and is now final.&lt;div style=";text-indent: 0px;display:inline;"&gt; Other claims for the calendar years in question, 2011-2015, remain outstanding on appeal.&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In January 2019, AB InBev deposited 68&#160;million euro (80 million US dollar) in a blocked account. Depending on the final outcome of the European Court procedures on the Belgian excess profit ruling system, as well as the pending Belgian court cases, this amount will either be slightly modified, released back to the company or paid over to the Belgian State. In connection with the European Court procedures, AB InBev recognized a provision of 68&#160;million euro (&lt;div style="display:inline;"&gt;80&lt;/div&gt; million US dollar) in 2020. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;SOUTH KOREAN TAX MATTERS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During the year ended 31&#160;December 2023, Oriental Brewery Co., Ltd. (&#x201c;OB&#x201d;), a subsidiary in South Korea recorded a 66&#160;million US dollar exceptional charge relating to a customs audit claim. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;During the year ended 31&#160;December 2025, OB recorded a 20&#160;million US dollar exceptional charge related to these customs audit claims for the remaining audit periods. Accordingly, the aggregate amount of exceptional charges related to such claims was 86&#160;million US dollar as of 31&#160;December 2025. &lt;/div&gt;&lt;div style="font-size: 9pt; font-family: Arial, sans-serif; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style=";text-indent: 0px;display:inline;"&gt;The claims are&lt;/div&gt;&lt;/div&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; being contested. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;In the second quarter of 2025, one of OB&#x2019;s employees was indicted in South Korea for embezzlement from OB and commercial bribery, and for alleged customs tax evasion related to the importation of malt covered in the 2023 customs &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;duties audit claim. OB, OB&#x2019;s subsidiary ZX Ventures, OB&#x2019;s head of logistics and OB&#x2019;s chief executive officer were also indicted as joint defendants for the allegation of customs tax evasion. OB and the joint defendants are defending against the customs tax evasion charges. The potential penalty exposure is not expected to be material to AB InBev. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;CERBUCO BREWING ARBITRATION &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cerbuco Brewing Inc., (&#x201c;Cerbuco&#x201d;) a Canadian subsidiary of Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#x201c;Bucanero&#x201d;), a joint venture in Cuba. In 2021, Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#x201c;ICC&#x201d;), relating to the potential breach of certain obligations relating to the joint venture. On 24&#160;October 2024, the ICC released an arbitration award partially favorable to Cerbuco. The decision is final and the second phase of the arbitration relating to quantification of damages is ongoing. In May 2025, Cerbuco was notified of a lawsuit filed by Coralsa (its joint venture partner) in Paris seeking annulment of the arbitration award. This new case is ongoing, and no decision has yet been made on it. The outcome of both proceedings may affect Ambev&#x2019;s ability to continue consolidating Bucanero into its financial statements under IFRS 10. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;PROPOSED CLASS ACTION IN QUEBEC &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Labatt and other third-party defendants have been named in a proposed class action lawsuit in the Superior Court of Quebec seeking unquantified compensatory and punitive damages.&#160;The plaintiffs allege that the defendants failed to warn of certain specific health risks of consuming defendants&#x2019; alcohol beverages.&#160;A sub-class of plaintiffs further alleges that their diseases were caused by the consumption of defendants&#x2019; products.&#160;The proposed class action has not yet been authorized by the Superior Court. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfContingentLiabilitiesExplanatory>
    <bud:DisclosureOfDetailedInformationAboutMaterialTaxExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-93038">As of 31&#160;December 2025 and 31&#160;December 2024, AB InBev&#x2019;s material tax proceedings are related to Ambev and its subsidiaries. Estimates of amounts of possible loss are as follows: &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax and social contribution&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 525&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Value-added and excise taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 236&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 544&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other taxes&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;691&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;622&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;19 049&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 11pt; border-collapse: collapse; border-spacing: 0;"&gt;
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&lt;td style="width: 5%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;30.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 11pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Non-controlling interests &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;As of 31&#160;December 2025 and 2024, material non-controlling interests relate to Ambev, a Brazilian listed subsidiary in which AB InBev has 61.73% ownership, and Budweiser APAC, an Asia Pacific listed subsidiary in which AB InBev has 87.22% ownership. The tables below provide summarized information derived from the consolidated financial statements of Ambev and Budweiser APAC as of 31&#160;December 2025, 2024 and 2023, in accordance with IFRS. &lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized financial information of Ambev and Budweiser APAC, in which the company has material non-controlling interests, is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Ambev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Budweiser APAC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized statement of financial position information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 951&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 746&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 810&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 824&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 394&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 498&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 958&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 945&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 264&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 976&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 832&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 924&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 947&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 186&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;608&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;605&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity attributable to equity holders&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 977&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 930&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 262&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;156&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;151&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 82%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Ambev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Budweiser APAC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2023&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2023&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized income statement and&#160;other comprehensive income information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 751&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 678&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 920&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 246&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 856&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 987&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;880&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Attributable to:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity holders&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 767&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 692&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 895&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;489&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;719&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;852&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 987&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;880&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 759&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 677&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 909&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;287&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(694&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(286&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 095&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 078&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;807&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Attributable to:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity holders&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 028&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;772&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;33&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized cash flow information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow from operating activities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 151&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(324&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(409&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(447&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow from financing activities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 779&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 930&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 218&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(738&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(903&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(621&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net increase/(decrease) in cash and cash equivalents&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 298&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 917&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;565&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(111&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(177&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;743&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dividends paid by Ambev and its subsidiaries to non-controlling interests (i.e., to entities outside the AB InBev Group) amounted to 1.4 billion US dollar for 2025 (2024: 0.8 billion US dollar; 2023: 1.0 billion US dollar). In 2025, Budweiser APAC and its subsidiaries paid a final dividend related to the financial year 2025 to non-controlling interests amounting to 119m US dollar (2024: 119m US dollar; 2023: 94m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other non-controlling interests not deemed individually material by the company mainly related to the company&#x2019;s operations in Africa in association with the Castel Group (e.g., Botswana, Ghana, Mozambique, Nigeria, Tanzania, Uganda and Zambia), as well as non-controlling interests in US-based metal container operations from Apollo Global Management, Inc. (&#x201c;Apollo&#x201d;) and non-controlling interests recognized in respect of the company&#x2019;s subsidiaries in Colombia, Ecuador and Peru. &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory>
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      unitRef="Unit_pure">0.6173</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      unitRef="Unit_pure">0.6173</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      unitRef="Unit_pure">0.8722</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      decimals="4"
      id="ixv-93124"
      unitRef="Unit_pure">0.8722</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <bud:DisclosureOfDetailedInformationAboutNoncontrollingInterestsExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-70284"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized financial information of Ambev and Budweiser APAC, in which the company has material non-controlling interests, is as follows: &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 89%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Ambev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Budweiser APAC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31&#160;December&lt;br/&gt; 2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized statement of financial position information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 951&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 746&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 810&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 824&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 394&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17 498&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 958&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 945&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 264&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 976&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 832&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 924&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 947&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 186&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;608&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;605&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity attributable to equity holders&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 977&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 930&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 262&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 184&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;156&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;151&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 82%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Ambev&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="10" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Budweiser APAC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2002;Million US dollar&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2023&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2025&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2024&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;2023&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized income statement and&#160;other comprehensive income information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 751&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 678&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 920&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 764&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 246&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 856&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 987&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;880&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Attributable to:&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Equity holders&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 767&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 692&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 895&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;489&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;719&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;852&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 854&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 768&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 987&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;520&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;750&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;880&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 759&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 677&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 909&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;287&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(694&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(286&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;)&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Total comprehensive income&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 095&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 078&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;807&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;594&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;567&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Non-controlling interests&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;66&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;67&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;35&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized cash flow information&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cash flow from operating activities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 364&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 866&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 934&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;951&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 135&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;tr&gt;
&lt;td style="width: 88%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Directors&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; &#x2003;Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Directors&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; &#x2003;Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="color: rgb(230, 183, 17); font-family: &amp;quot;Times New Roman&amp;quot;; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x25cf;&lt;/div&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: top;"&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The lease of commercial premises and the acquisition of natural gas from and the sale of malt-based beverages and beer to companies in which one of the company&#x2019;s Board Member had a significant influence as of 31&#160;December 2025. The transactions happened mainly through AB InBev&#x2019;s subsidiary Bavaria S.A. for an aggregated consideration of approximately 98m US dollar (31 December 2024: 112m US dollar; 31&#160;December 2023: 65m US dollar). The outstanding balance of these transactions as of 31&#160;December 2025 amounts to 11m US dollar (31 December 2024: 9m US dollar; 31&#160;December 2023: 3m US dollar). &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;JOINTLY CONTROLLED ENTITIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Interests in joint ventures include two entities in Brazil, one in Mexico and two in Canada. None of these joint ventures are material to the company. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;TRANSACTIONS WITH ASSOCIATES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;  &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Significant interests in associates are shown in note 16 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Investments in associates&lt;/div&gt;&lt;/div&gt;. AB InBev&#x2019;s transactions with associates were as follows: &lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;&#x2003;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(215)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(233)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 24pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(128, 128, 128); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;TRANSACTIONS WITH PENSION PLANS &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev&#x2019;s transactions with pension plans mainly comprise (12)m US dollar other expense to pension plans in the US in 2025 (2024: (12)m US dollar; 2023: (13)m US dollar). &lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfRelatedPartyExplanatory>
    <ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-71574"> &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 88%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; padding-bottom: 0.5pt;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2024&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="6" style="text-align: center; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Directors&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Directors&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; &#x2003;Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2003;Directors&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Executive&#x2003;&lt;br/&gt; &#x2003;Committee&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Short-term employee benefits&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;12&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share-based payment&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;57&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&#x2003;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;70&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;58&#x2003;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory>
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      id="ixv-93239"
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      contextRef="P01_01_2024To12_31_2024_ExecutiveBoardManagementMemberifrsfullCategoriesOfRelatedPartiesAxis"
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      id="ixv-93240"
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    <bud:DisclosureOfTransactionsBetweenAssociateExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-71861"> &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;Significant interests in associates are shown in note 16 &lt;div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-style:italic;display:inline;"&gt;Investments in associates&lt;/div&gt;&lt;/div&gt;. AB InBev&#x2019;s transactions with associates were as follows: &lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 92%;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom;"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 0.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt; &lt;div style="text-indent: 0.5em; font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; padding-bottom: 1pt; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
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&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;19&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(215)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(233)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current assets&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;108&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Current liabilities&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfTransactionsBetweenAssociateExplanatory>
    <ifrs-full:GrossProfit
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      contextRef="P01_01_2025To12_31_2025_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis"
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      contextRef="P01_01_2024To12_31_2024_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis"
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      id="ixv-93264"
      unitRef="Unit_USD">-12000000</bud:OtherExpense>
    <bud:OtherExpense
      contextRef="P01_01_2023To12_31_2023_UnitedStatesDefinedBenefitPlansMemberifrsfullDefinedBenefitPlansAxis"
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      id="ixv-93265"
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    <bud:DisclosureOfSupplementalGuarantorInformationExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-72009"> &lt;div style="font-family: Arial; font-size: 11pt; margin-top: 18pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;32. Supplemental guarantor financial information &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;European public debt &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Certain debt securities issued outside the United States in reliance on Regulation S by Anheuser-Busch InBev SA/NV (&#x201c;ABISA&#x201d;) under its Euro Medium-Term Note Programme are guaranteed by Anheuser-Busch InBev Worldwide Inc. (&#x201c;ABIWW&#x201d;), Anheuser-Busch InBev Finance Inc. (&#x201c;ABIFI&#x201d;), Anheuser-Busch Companies, LLC (&#x201c;ABC&#x201d;), Brandbrew S.A. (&#x201c;Brandbrew&#x201d;), Brandbev S.&#xe0; r.l. (&#x201c;Brandbev&#x201d;) and Cobrew NV (&#x201c;Cobrew&#x201d;) (collectively, the &#x201c;Subsidiary Guarantors&#x201d;). ABISA owns, directly or indirectly, 100% of each of the Subsidiary Guarantors. The information presented below has been presented to satisfy the disclosure requirements of the United Kingdom Financial Conduct Authority. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; font-weight: bold; margin-top: 10pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Summarized Financial Information &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 6pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The first five columns in the table below present summarized financial information for (i)&#160;ABISA, (ii)&#160;ABIWW, (iii)&#160;ABIFI and (iv)&#160;ABC, and (v)&#160;Brandbrew, Brandbev and Cobrew. Investments in consolidated subsidiaries are presented under the equity method of accounting as &#x201c;Other non-current assets&#x201d;. &lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The final column presents financial information for ABISA and the Subsidiary Guarantors on a combined basis after elimination of intercompany transactions and balances among them and excluding investments in and equity in the earnings of both non-Guarantor Subsidiaries and Guarantor Subsidiaries. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 86%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Income Statement&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;For the year ended 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;561&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 632&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(60)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 134&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(518)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 791)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 254)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 840&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 879&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Selling, general and administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 008&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 649)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 693)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;178&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;57&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;148&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 004&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 073&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 243&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 832)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 469)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of result of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(28)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;402&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(165)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(638)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 426)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;980&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 023)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income from subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 475&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 220&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 566)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit of the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 837&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(206)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 220&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 681&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 566)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 023)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 86%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Income Statement&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;For the year ended 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;507&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 877&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(61)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 323&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(470)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 024)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 440)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 883&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Selling, general and administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 081&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 607)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 659)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;633&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;523&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;530&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 077&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 139&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(588)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 496)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(891)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;248&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 709)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(83)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(76)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(43)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(141)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(290)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;172&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;240&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income from subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 995&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;408&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;869&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7 509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit of the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 855&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;118&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;408&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 109&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 509)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 80pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 80pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 7pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 1%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses) and Net finance income/(expense) include exceptional items. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt;&lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:86%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; white-space: nowrap; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Statement of Financial Position&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;As at 31&#160;December 2025&lt;/div&gt; &lt;div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABISA&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIWW&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIFI&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABC&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Eliminations&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 727&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 759&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42 756&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 520&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;114 509&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;103 244&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117 583&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 418&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(301 511)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 248&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;119 236&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;107 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 335&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;160 339&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33 938&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(318 638)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;105 212&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 090&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 120&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;465&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 313&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;292&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;344&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 977&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 019&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 642&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 383&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 464&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;476&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 227&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 873&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26 954&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total equity&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;87 288&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50 730&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;415&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;133 928&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28 247&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(301 511)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(903)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 613&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 718&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 561&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;509&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 273&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 386&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 030&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 303&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 544&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;77 397&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41 999&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;45 748&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 303&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31 105&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;642&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;105 670&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;325&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 476&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 744&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 228&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 305&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 007&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;513&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 789&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 694&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 094&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 332&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 989&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;92&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 533&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 922&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27 400&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size: 24pt; margin-top: 0px; margin-bottom: 0px;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: ARIAL; font-size: 8pt; width: 100%; border-spacing: 0px; margin: 0px auto;"&gt;
&lt;tr&gt;
&lt;td style="width:86%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Statement of Financial Position&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;As at 31&#160;December 2024&lt;/div&gt; &lt;div style="font-size: 14pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABISA&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIWW&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIFI&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABC&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Brandbrew,&lt;br/&gt;Brandbev&lt;br/&gt;and&lt;br/&gt;Cobrew&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Eliminations&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt;and&lt;br/&gt;Subsidiary&lt;br/&gt;Guarantors&lt;br/&gt;after&lt;br/&gt;eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 779&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 472&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39 257&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 629&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54 513&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;103 542&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102 143&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;124 340&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 309&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(295 233)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62 104&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;115 321&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;110 935&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 473&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;163 597&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33 938&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(310 648)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;116 617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 373&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;459&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 162&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 338&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 669&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;251&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;116&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 598&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 327&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 301&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 625&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;210&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;467&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 760&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 666&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 971&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total equity&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;78 237&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50 936&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;405&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;132 668&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28 542&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(295 233)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 445)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 265&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 444&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 080&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;484&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34 858&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 647&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25 920&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 443&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 256&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37 912&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;49 364&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 443&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;35 336&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;548&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;111 188&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;181&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 295&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 827&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 459&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 617&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;550&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 686&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 385&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 798&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 845&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 353&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 513&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;20 844&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfSupplementalGuarantorInformationExplanatory>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired
      contextRef="PAsOn12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="2"
      id="ixv-93266"
      unitRef="Unit_pure">1</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <bud:DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-72039">
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 86%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Income Statement&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;For the year ended 31&#160;December 2025&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;561&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 632&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(60)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 134&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(518)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 791)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 254)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;43&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 840&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 879&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Selling, general and administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(74)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 008&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 649)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;17&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 693)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;178&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(119)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;57&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;148&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 004&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 073&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;18&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 243&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 832)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;71&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;36&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3 469)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Share of result of associates&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(28)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;402&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(3)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(165)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;201&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(638)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 426)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;980&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 023)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income from subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;7 475&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 220&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;239&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 632&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 566)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit of the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 837&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(206)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 220&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 681&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 566)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(1 023)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 86%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Income Statement&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;For the year ended 31&#160;December 2024&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#x2007;Million US dollar&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABISA&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIWW&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABIFI&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;ABC&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: middle; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Revenue&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;507&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;12 877&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(61)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 323&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cost of sales&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(470)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 024)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;55&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 440)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Gross profit&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 852&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 883&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Selling, general and administrative expenses&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(139)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 081&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(5 607)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4 659)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;633&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(106)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;523&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss) from operations&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;530&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 077&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 139&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 747&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Net finance income/(expense)&#xb9;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(588)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(1 496)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(891)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;248&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(2 709)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income tax expense&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(83)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;129&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(4)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(76)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(9)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(43)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit/(loss)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(141)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(290)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;172&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;240&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;-&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Income from subsidiaries&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 995&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;408&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;236&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;869&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(7 509)&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Profit of the period&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 855&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;118&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;14&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;408&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 109&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(7 509)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(5)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 80pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 80pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 7pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 1%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Other operating income/(expenses) and Net finance income/(expense) include exceptional items. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:DisclosureOfCondensedConsolidatingStatementOfProfitOrLossExplanatory>
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      contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93267"
      unitRef="Unit_USD">561000000</ifrs-full:Revenue>
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      contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93268"
      unitRef="Unit_USD">12632000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis"
      decimals="-6"
      id="ixv-93269"
      unitRef="Unit_USD">-60000000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
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      id="ixv-93270"
      unitRef="Unit_USD">13134000000</ifrs-full:Revenue>
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      contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93271"
      unitRef="Unit_USD">518000000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93272"
      unitRef="Unit_USD">5791000000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis"
      decimals="-6"
      id="ixv-93273"
      unitRef="Unit_USD">-55000000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales
      contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="-6"
      id="ixv-93274"
      unitRef="Unit_USD">6254000000</ifrs-full:CostOfSales>
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      contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93275"
      unitRef="Unit_USD">43000000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit
      contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93276"
      unitRef="Unit_USD">6840000000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit
      contextRef="P01_01_2025To12_31_2025_ConsolidationEliminationsMembersrtConsolidationItemsAxis"
      decimals="-6"
      id="ixv-93277"
      unitRef="Unit_USD">-5000000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit
      contextRef="P01_01_2025To12_31_2025_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="-6"
      id="ixv-93278"
      unitRef="Unit_USD">6879000000</ifrs-full:GrossProfit>
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      contextRef="P01_01_2025To12_31_2025_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93279"
      unitRef="Unit_USD">74000000</bud:SellingGeneralAndAdministrativeExpenses>
    <bud:SellingGeneralAndAdministrativeExpenses
      contextRef="P01_01_2025To12_31_2025_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93280"
      unitRef="Unit_USD">-1008000000</bud:SellingGeneralAndAdministrativeExpenses>
    <bud:SellingGeneralAndAdministrativeExpenses
      contextRef="P01_01_2025To12_31_2025_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93281"
      unitRef="Unit_USD">5649000000</bud:SellingGeneralAndAdministrativeExpenses>
    <bud:SellingGeneralAndAdministrativeExpenses
      contextRef="P01_01_2025To12_31_2025_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93282"
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    <ifrs-full:IncomeTaxExpenseContinuingOperations
      contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="-6"
      id="ixv-93366"
      unitRef="Unit_USD">43000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93367"
      unitRef="Unit_USD">-141000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93368"
      unitRef="Unit_USD">-290000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93369"
      unitRef="Unit_USD">14000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93370"
      unitRef="Unit_USD">172000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93371"
      unitRef="Unit_USD">240000000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations
      contextRef="P01_01_2024To12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="-6"
      id="ixv-93372"
      unitRef="Unit_USD">-5000000</ifrs-full:ProfitLossFromContinuingOperations>
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      contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93373"
      unitRef="Unit_USD">5995000000</bud:ProfitLossAttributableToSubsidiaries>
    <bud:ProfitLossAttributableToSubsidiaries
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93374"
      unitRef="Unit_USD">408000000</bud:ProfitLossAttributableToSubsidiaries>
    <bud:ProfitLossAttributableToSubsidiaries
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93375"
      unitRef="Unit_USD">236000000</bud:ProfitLossAttributableToSubsidiaries>
    <bud:ProfitLossAttributableToSubsidiaries
      contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93376"
      unitRef="Unit_USD">869000000</bud:ProfitLossAttributableToSubsidiaries>
    <bud:ProfitLossAttributableToSubsidiaries
      contextRef="P01_01_2024To12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis"
      decimals="-6"
      id="ixv-93377"
      unitRef="Unit_USD">-7509000000</bud:ProfitLossAttributableToSubsidiaries>
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      contextRef="P01_01_2024To12_31_2024_ParentCompanyMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93378"
      unitRef="Unit_USD">5855000000</ifrs-full:ProfitLoss>
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      contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevWorldwideIncMembersrtConsolidatedEntitiesAxis"
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      id="ixv-93379"
      unitRef="Unit_USD">118000000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss
      contextRef="P01_01_2024To12_31_2024_AnheuserBuschInBevFinanceIncMembersrtConsolidatedEntitiesAxis"
      decimals="-6"
      id="ixv-93380"
      unitRef="Unit_USD">14000000</ifrs-full:ProfitLoss>
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      contextRef="P01_01_2024To12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
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      id="ixv-93381"
      unitRef="Unit_USD">408000000</ifrs-full:ProfitLoss>
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      contextRef="P01_01_2024To12_31_2024_BrandbrewBrandbevAndCobrewMembersrtConsolidatedEntitiesAxis"
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      id="ixv-93382"
      unitRef="Unit_USD">1109000000</ifrs-full:ProfitLoss>
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      id="ixv-93383"
      unitRef="Unit_USD">-7509000000</ifrs-full:ProfitLoss>
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      unitRef="Unit_USD">-5000000</ifrs-full:ProfitLoss>
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&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:86%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; white-space: nowrap; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Statement of Financial Position&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;As at 31&#160;December 2025&lt;/div&gt; &lt;div style="font-size: 14pt; margin-top: 0px; margin-bottom: 0px; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABISA&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIWW&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIFI&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABC&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Brandbrew,&lt;br/&gt; Brandbev&lt;br/&gt; and&lt;br/&gt; Cobrew&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Eliminations&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0px; margin-bottom: 0px; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0px; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt; and&lt;br/&gt; Subsidiary&lt;br/&gt; Guarantors&lt;br/&gt; after&lt;br/&gt; eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;4 727&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 759&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;42 756&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 520&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;43 964&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;114 509&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;103 244&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;117 583&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 418&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(301 511)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61 248&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;119 236&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;107 003&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 335&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;160 339&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33 938&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(318 638)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;105 212&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 090&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 120&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;465&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 250&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 855&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;18 313&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;292&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;344&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 977&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 019&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 642&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 383&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 464&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;476&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;11 227&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;8 873&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;26 954&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total equity&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;87 288&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50 730&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;415&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;133 928&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28 247&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(301 511)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(903)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;13 613&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 718&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 561&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;509&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 273&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;28 386&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 030&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 303&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 544&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;133&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;77 397&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;41 999&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;45 748&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 303&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;31 105&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;642&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(17 128)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;105 670&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;325&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 476&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 744&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 228&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;16 305&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 007&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;513&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;92&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 789&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 694&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 094&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 332&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;15 989&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;92&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;6 533&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;13 922&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(10 468)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;br/&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;27 400&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size: 24pt; margin-top: 0px; margin-bottom: 0px;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; border-collapse: collapse; font-family: ARIAL; font-size: 8pt; width: 100%; border-spacing: 0px; margin: 0px auto;"&gt;
&lt;tr&gt;
&lt;td style="width:86%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:top;white-space:nowrap"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Statement of Financial Position&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;As at 31&#160;December 2024&lt;/div&gt; &lt;div style="font-size: 14pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;&#x2007;Million US dollar&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABISA&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIWW&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABIFI&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;ABC&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Brandbrew,&lt;br/&gt;Brandbev&lt;br/&gt;and&lt;br/&gt;Cobrew&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: Arial; font-weight: bold; text-align: right; line-height: normal;"&gt;Eliminations&lt;/div&gt; &lt;div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: left; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"&gt;&#160;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;Total ABISA&lt;br/&gt;and&lt;br/&gt;Subsidiary&lt;br/&gt;Guarantors&lt;br/&gt;after&lt;br/&gt;eliminations&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #e6b711;vertical-align:bottom"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 779&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 792&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 472&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39 257&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;6 629&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54 513&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;103 542&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;102 143&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;124 340&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27 309&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(295 233)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62 104&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;115 321&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;110 935&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 473&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;163 597&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33 938&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(310 648)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;116 617&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due from subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;2 373&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;94&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;459&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8 162&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 338&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 669&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;251&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;116&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;8&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 598&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 327&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 301&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current assets&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;2 625&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;210&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;467&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 760&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;4 666&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 971&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total equity&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;78 237&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;50 936&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;405&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;132 668&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;28 542&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(295 233)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(4 445)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;15 265&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;23 444&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 080&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;484&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;34 858&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;22 647&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;25 920&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 443&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24 256&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;64&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;76 330&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total non-current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;37 912&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;49 364&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;3 443&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;35 336&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;548&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(15 415)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;111 188&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;br/&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Due to subsidiaries&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;181&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;10 295&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 908&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 827&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;9 459&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;Other current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;1 617&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;550&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;88&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;3 445&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;5 686&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;-&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;11 385&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align: top; border-bottom: 2pt solid rgb(230, 183, 17);"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Total current liabilities&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;1 798&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;10 845&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;93&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;5 353&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;9 513&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; text-align: right; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;(6 757)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="white-space: nowrap; vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 2pt solid rgb(230, 183, 17); white-space: nowrap;"&gt;&#160;&#160;&lt;/td&gt;
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      contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
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      contextRef="PAsOn12_31_2024_AnheuserBuschCompaniesLlcMembersrtConsolidatedEntitiesAxis"
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      decimals="-6"
      id="ixv-93556"
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    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2024_ConsolidationEliminationsMembersrtConsolidationItemsAxis"
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      id="ixv-93557"
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    <ifrs-full:CurrentLiabilities
      contextRef="PAsOn12_31_2024_ConsolidatedStructuredEntitiesMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="-6"
      id="ixv-93558"
      unitRef="Unit_USD">20844000000</ifrs-full:CurrentLiabilities>
    <ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-76253"> &lt;div style="margin-top:24pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"&gt;&lt;div style="color: rgb(230, 183, 17); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;33. Events after the reporting date &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 8pt; margin-bottom: 0pt;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;text-indent: 0px;display:inline;"&gt;On 6&#160;January 2026, AB InBev announced it had exercised its right to reacquire the&lt;div style="display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;49.9&lt;div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;% &lt;/div&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;minority stake in its US-based metal container plants from a consortium of institutional investors led and/or advised by affiliates of Apollo Global Management, Inc. (NYSE: APO). On 30 January 2026, AB InBev announced that it had completed the acquisition of this minority stake for approximately&lt;/div&gt;&lt;/div&gt;&lt;div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;2.9&lt;div style="font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; billion US dollar.&lt;/div&gt;&lt;/div&gt; </ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory>
    <bud:PercentageOfOwnershipAcquiredInBusinessCombination
      contextRef="PAsOn01_06_2026_MajorBusinessCombinationMemberifrsfullNonadjustingEventsAfterReportingPeriodAxis"
      decimals="3"
      id="ixv-93559"
      unitRef="Unit_pure">0.499</bud:PercentageOfOwnershipAcquiredInBusinessCombination>
    <ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred
      contextRef="PAsOn01_30_2026"
      decimals="-8"
      id="ixv-93560"
      unitRef="Unit_USD">2900000000</ifrs-full:AcquisitiondateFairValueOfTotalConsiderationTransferred>
    <ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-76274"> &lt;div id="fin65314_100a" style="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"&gt;&lt;div style="color:#e6b711;display:inline;"&gt;&lt;div style="font-weight:bold;display:inline;"&gt;34. AB InBev companies &lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;The most important AB&#160;InBev companies included in the consolidation scope are listed below. The complete list of the company&#x2019;s investments is available at AB&#160;InBev NV, Brouwerijplein 1, B-3000 Leuven, Belgium. The address of the registered office of the company is Grand Place 1, 1000 Brussels, Belgium. &lt;/div&gt;&lt;/div&gt; &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(127, 127, 127); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;LIST OF THE MOST IMPORTANT FULLY CONSOLIDATED COMPANIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;Name and registered office of the fully consolidated companies&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;%&#160;economic&#160;interest&#160;as&lt;br/&gt; of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Argentina&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria y Malteria Quilmes Saica Y G - Charcas 5160 - C1425BOF - Buenos Aires&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.63%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Belgium&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev NV/SA - Grand Place 1 - 1000 - Brussels&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;Consolidating&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Brasserie de l&#x2019;Abbaye de Leffe S.A. - Place de l&#x2019;Abbaye, 1 - 5500 - Dinant&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98.54%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cobrew N.V - Brouwerijplein 1, 3000 - Leuven&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;InBev Belgium BV/SRL - Boulevard Industriel, 21 - 1070 Anderlecht&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bolivia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cervecer&#xed;a Boliviana Nacional S.A. - Av. Montes 400&#160;&amp;amp; Calle Chuquisaca No.&#160;121, Zona Challapampa - La Paz&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52.68%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Botswana&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31.06%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazil&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#xb0; Andar Itaim Bibi - S&#xe3;o Paulo&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canada&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Labatt Brewing Company Limited - 207 Queen&#x2019;s Quay West, Suite 299 - M5J 1A7 - Toronto&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chile&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;China&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Inbev (China) Sales Company Limited - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84.66%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56.69%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Bavaria&#160;&amp;amp; Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Czech Republic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Pivovar Samson s.r.o. - Lidick&#xe1; 458/51, 37001 - &#x10c;esk&#xe9; Bud&#x11b;jovice&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dominican Republic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59.56%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ecuador&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cervecer&#xed;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#xed;o Daule&#160;- EC090150 - Guayaquil, Guayas&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95.58%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;El Salvador&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;France&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="text-align: center; font-family: Arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-family: Arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"&gt; &lt;/div&gt;&lt;/div&gt; &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:98%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Germany&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Deutschland GmbH&#160;&amp;amp; Co. KG - Am Deich 18/19 - 28199 - Bremen&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Ghana&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.80%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Honduras&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Hondure&#xf1;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.61%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Hong Kong&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;India&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.07%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Italy&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Luxembourg&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98.30%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Mexico&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Modelo de M&#xe9;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Mozambique&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervejas De Mo&#xe7;ambique SA - Rua do Jardim 1329 - Maputo&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51.47%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Netherlands&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Nigeria&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68.31%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Panama&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#xe1;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Paraguay&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#xed;o a Villeta N&#xb0; 825&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;53.92%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Peru&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Uni&#xf3;n de Cervecer&#xed;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95.35%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;South Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;South Korea&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Spain&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Compa&#xf1;&#xed;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51.03%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Switzerland&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Tanzania&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam&lt;/div&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39.65%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="font-size:40pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt; &lt;div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:1%;vertical-align:top;text-align:left"&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: justify; line-height: normal;"&gt;The company is consolidated due to the group&#x2019;s majority shareholders and ability to control the operations. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;&lt;div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"&gt;&#160;&lt;/div&gt; &lt;div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:Arial;text-align:center"&gt; &lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Uganda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.76%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United Kingdom&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev International Brands Limited - AB InBev House, Church Street West, Woking, Surrey, GU21 6HT&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev UK Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI SAB Group Holding Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI UK Holding 1 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI UK Holding 2 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;50.10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Uruguay&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Vietnam&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Zambia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54.02%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt;  &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;LIST OF THE MOST IMPORTANT COMPANIES CONSOLIDATED BY APPLYING THE EQUITY METHOD OF ACCOUNTING (ASSOCIATES) &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;Name and registered office of associates&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;%&#160;economic&#160;interest&#160;as&lt;br/&gt; of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 3.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 3.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;France&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Soci&#xe9;t&#xe9; des brasseries et glaci&#xe8;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris&lt;/div&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Luxembourg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg&lt;/div&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27.50%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg&lt;/div&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Netherlands&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;50.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Turkey&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#xe7;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#xe7;elievler Istanbul&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Zimbabwe&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.48%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 50pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 50pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;text-indent: 0px;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 7pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Related to Castel group. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory>
    <ifrs-full:DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory contextRef="P01_01_2025To12_31_2025" id="ixv-76280">&lt;div style="font-family: Arial; font-size: 9pt; margin-top: 12pt; margin-bottom: 0pt;"&gt;&lt;div style="color: rgb(127, 127, 127); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;LIST OF THE MOST IMPORTANT FULLY CONSOLIDATED COMPANIES &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"&gt;&lt;div style="font-size: 12pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;Name and registered office of the fully consolidated companies&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: center; vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;%&#160;economic&#160;interest&#160;as&lt;br/&gt; of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1pt solid rgb(230, 183, 17);"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Argentina&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria y Malteria Quilmes Saica Y G - Charcas 5160 - C1425BOF - Buenos Aires&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.63%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Belgium&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev NV/SA - Grand Place 1 - 1000 - Brussels&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;Consolidating&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Brasserie de l&#x2019;Abbaye de Leffe S.A. - Place de l&#x2019;Abbaye, 1 - 5500 - Dinant&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98.54%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cobrew N.V - Brouwerijplein 1, 3000 - Leuven&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;InBev Belgium BV/SRL - Boulevard Industriel, 21 - 1070 Anderlecht&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Bolivia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cervecer&#xed;a Boliviana Nacional S.A. - Av. Montes 400&#160;&amp;amp; Calle Chuquisaca No.&#160;121, Zona Challapampa - La Paz&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;52.68%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Botswana&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Kgalagadi Breweries (Pty) Ltd - Grant Thornton Business Services, Plot 50370, Acumen Park, Fairgrounds - Gaborone&#xb9;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;31.06%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Brazil&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Ambev S.A. - Rua Dr.&#160;Renato Paes de Barros 1017, 3&#xb0; Andar Itaim Bibi - S&#xe3;o Paulo&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Canada&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Labatt Brewing Company Limited - 207 Queen&#x2019;s Quay West, Suite 299 - M5J 1A7 - Toronto&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Chile&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria Chile S.A - Av. Presidente Eduardo Frei Montalva 9600, Quilicura - 8700000 Santiago de Chile&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;China&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Inbev (China) Sales Company Limited - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev (Wuhan) Brewing Co., Ltd. - Shangshou, Qin Duan Kou, Hanyang Area - 430051 - Wuhan City, Hubei Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;84.66%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Sedrin Brewery Co., Ltd - No.1 West Xuejin Avenue,Hanjiang District - 351111 - Putian City, Fujian Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Southeast Sales Co., Ltd. - No.1 West Xuejin Avenue, Hanjiang District, Putian, Fujian , P.R.China - 351111 - Putian City, Fujian Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Blue Girl Beer (Guangzhou) Co. Ltd - Units 2101,21/F, Tower A, China International Centre, 33 Zhongshan San Road - 510000 - Guangzhou City&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;56.69%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Colombia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Bavaria&#160;&amp;amp; Cia S.C.A. - Carrera 53 A, No 127 - 35 - 110221 - Bogota&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.16%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Czech Republic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Pivovar Samson s.r.o. - Lidick&#xe1; 458/51, 37001 - &#x10c;esk&#xe9; Bud&#x11b;jovice&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Dominican Republic&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;2&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;59.56%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Ecuador&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cervecer&#xed;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#xed;o Daule&#160;- EC090150 - Guayaquil, Guayas&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95.58%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;El Salvador&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;France&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; white-space: nowrap; border-bottom: 1.5pt solid rgb(204, 204, 204);"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"&gt;
&lt;tr&gt;
&lt;td style="width:98%"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom;width:1%"&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt;
&lt;td&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Germany&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Deutschland GmbH&#160;&amp;amp; Co. KG - Am Deich 18/19 - 28199 - Bremen&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Ghana&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.80%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Honduras&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Hondure&#xf1;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;99.61%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Hong Kong&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;India&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.07%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Italy&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Luxembourg&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;98.30%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Mexico&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Modelo de M&#xe9;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Mozambique&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervejas De Mo&#xe7;ambique SA - Rua do Jardim 1329 - Maputo&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51.47%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Netherlands&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;62.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Nigeria&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;68.31%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Panama&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#xe1;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Paraguay&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Cervecer&#xed;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#xed;o a Villeta N&#xb0; 825&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;53.92%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Peru&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Uni&#xf3;n de Cervecer&#xed;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;95.35%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;South Africa&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;South Korea&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt;
&lt;td style="vertical-align:bottom"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Spain&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Compa&#xf1;&#xed;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;51.03%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:bottom"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Switzerland&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;.&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:middle"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; font-weight: bold; line-height: normal;"&gt;Tanzania&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-TOP:1.50pt solid #cccccc; BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:top"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: Arial; line-height: normal;"&gt;&lt;div style="letter-spacing: 0px; top: 0px;display:inline;"&gt;Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam&lt;/div&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style=" BORDER-BOTTOM:1.50pt solid #cccccc;vertical-align:bottom"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle;text-align:right"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;39.65%&lt;/div&gt;&lt;/td&gt;
&lt;td style="BORDER-BOTTOM:1.50pt solid #cccccc;white-space:nowrap;vertical-align:middle"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; margin: 0px auto; width: 100%; font-family: ARIAL; font-size: 8pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Uganda&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.76%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United Kingdom&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev International Brands Limited - AB InBev House, Church Street West, Woking, Surrey, GU21 6HT&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev UK Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI SAB Group Holding Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI UK Holding 1 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;ABI UK Holding 2 Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;United States&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Americas Holdings LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch Companies LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch International LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch America Investments LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;100.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;50.10%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Uruguay&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;61.73%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
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&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Vietnam&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;87.22%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: top; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Zambia&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
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&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-top-color: rgb(204, 204, 204); border-bottom-color: rgb(204, 204, 204); border-top-width: 1.5pt; border-bottom-width: 1.5pt; border-top-style: solid; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;54.02%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt;  &lt;div style="font-size:40pt;margin-top:0pt;margin-bottom:0pt"&gt;&#160;&lt;/div&gt; &lt;div style="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:26%"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Arial; font-size:7pt;border-spacing:0;width:100%"&gt;
&lt;tr style="page-break-inside:avoid"&gt;
&lt;td style="width:1%;vertical-align:top;text-align:left"&gt;&lt;div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="vertical-align:top;text-align:left"&gt; &lt;div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: Arial; text-align: justify; line-height: normal;"&gt;The company is consolidated due to the group&#x2019;s majority shareholders and ability to control the operations. &lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </ifrs-full:DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalDominicanaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_DOifrsfullGeographicalAreasAxis"
      id="ixv-93594">Cervecer&#xed;a Nacional Dominicana S.A. - Autopista 30 de Mayo Km 61/2, Distrito Nacional - A.P. 10100 - Santo Domingo</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93595"
      unitRef="Unit_pure">0.5956</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalCNSaMemberifrsfullConsolidatedStructuredEntitiesAxis_ECifrsfullGeographicalAreasAxis"
      id="ixv-93596">Cervecer&#xed;a Nacional S.A. - Via a daule km 16,5 y Av. Pascuales S/N y Av. R&#xed;o Daule&#160;- EC090150 - Guayaquil, Guayas</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_LaConstanciaLtdaDeCvMemberifrsfullConsolidatedStructuredEntitiesAxis_SVifrsfullGeographicalAreasAxis"
      id="ixv-93598">La Constancia Ltda de C.V. - Avenida Independencia, No 526 - PBX (503)&#160;2209-7555 - San Salvador</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AbInbevFranceSASMemberifrsfullConsolidatedStructuredEntitiesAxis_FRifrsfullGeographicalAreasAxis"
      id="ixv-93600">AB InBev France S.A.S. - 1, Place de la Gare, 59800 - Lille</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93602">Anheuser-Busch InBev Deutschland GmbH&#160;&amp; Co. KG - Am Deich 18/19 - 28199 - Bremen</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevGermanyHoldingGmbHMemberifrsfullConsolidatedStructuredEntitiesAxis_DEifrsfullGeographicalAreasAxis"
      id="ixv-93604">Anheuser-Busch InBev Germany Holding GmbH - Am Deich 18/19 - 28199 - Bremen</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AccraBreweryLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_GHifrsfullGeographicalAreasAxis"
      id="ixv-93606">Accra Brewery PLC - 20 Graphic Road, South Industrial Area - Box GP1219 - Accra</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93607"
      unitRef="Unit_pure">0.618</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaHondurenaSADECVMemberifrsfullConsolidatedStructuredEntitiesAxis_HNifrsfullGeographicalAreasAxis"
      id="ixv-93608">Cervecer&#xed;a Hondure&#xf1;a S.A. de C.V. - Boulevard del Norte - Postal No.&#160;86 - San Pedro Sula</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93609"
      unitRef="Unit_pure">0.9961</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_BUDWEISERBREWINGCOAPACTLTDMemberifrsfullConsolidatedStructuredEntitiesAxis_HKifrsfullGeographicalAreasAxis"
      id="ixv-93610">Budweiser Brewing Company APAC Limited - Room 2701, 27/F, Hysan Place, 500 Hennessy Road, Causeway Bay</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_BUDWEISERBREWINGCOAPACTLTDMemberifrsfullConsolidatedStructuredEntitiesAxis_HKifrsfullGeographicalAreasAxis"
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      id="ixv-93611"
      unitRef="Unit_pure">0.8722</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CrownBeersIndiaLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis"
      id="ixv-93612">Crown Beers India Private Limited - 510/511, Minerva House, Sarojini Devi Road - 500003 - Secunderabad, Telangana</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_CrownBeersIndiaLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis"
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      id="ixv-93613"
      unitRef="Unit_pure">0.8722</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_ANHEUSERBUSCHINBEVINDIALIMITEDMemberifrsfullConsolidatedStructuredEntitiesAxis_INifrsfullGeographicalAreasAxis"
      id="ixv-93614">Anheuser Busch InBev India Limited - Unit No.301-302, Dynasty Business Park, 3rd Floor Andheri - Kurla Road, Andheri (East) - 400059 - Mumbai, Maharashtra</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93615"
      unitRef="Unit_pure">0.8707</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_AnheuserBuschInbevItaliaSPAMemberifrsfullConsolidatedStructuredEntitiesAxis_ITifrsfullGeographicalAreasAxis"
      id="ixv-93616">Anheuser-Busch InBev Italia - Piazza Gae Aulenti n. 8, 20154 - Milano</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_BrasserieDeLuxembourgMouselDiekirchMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis"
      id="ixv-93618">Brasserie de Luxembourg Mousel-Diekirch S.A. - Rue de la Brasserie, 1 - L-9214 - Diekirch</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      decimals="4"
      id="ixv-93619"
      unitRef="Unit_pure">0.983</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaModeloDeMexicoDeSDERLDECVMemberifrsfullConsolidatedStructuredEntitiesAxis_MXifrsfullGeographicalAreasAxis"
      id="ixv-93620">Cervecer&#xed;a Modelo de M&#xe9;xico S. de R.L. de C.V. - Cerrada de Palomas 22, 6th Floor, Reforma Social, Miguel Hidalgo, 11650 - Mexico City</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaModeloDeMexicoDeSDERLDECVMemberifrsfullConsolidatedStructuredEntitiesAxis_MXifrsfullGeographicalAreasAxis"
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      id="ixv-93621"
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      contextRef="P01_01_2025To12_31_2025_CervejasDEMocambiqueSAMemberifrsfullConsolidatedStructuredEntitiesAxis_MZifrsfullGeographicalAreasAxis"
      id="ixv-93622">Cervejas De Mo&#xe7;ambique SA - Rua do Jardim 1329 - Maputo</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_CervejasDEMocambiqueSAMemberifrsfullConsolidatedStructuredEntitiesAxis_MZifrsfullGeographicalAreasAxis"
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      id="ixv-93623"
      unitRef="Unit_pure">0.5147</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_AbInbevAfricaBvMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis"
      id="ixv-93624">AB InBev Africa B.V. - Ceresstraat 1 - 4811 CA - Breda</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AbInbevAfricaBvMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis"
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      id="ixv-93625"
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      contextRef="P01_01_2025To12_31_2025_InbevNederlandNVMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis"
      id="ixv-93626">InBev Nederland N.V. - Ceresstraat 1 - 4811 CA - Breda</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93627"
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      contextRef="P01_01_2025To12_31_2025_InternationalBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_NGifrsfullGeographicalAreasAxis"
      id="ixv-93628">International Breweries PLC - 22/36 Glover Road - Lagos, Ikoyi</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_InternationalBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_NGifrsfullGeographicalAreasAxis"
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      id="ixv-93629"
      unitRef="Unit_pure">0.6831</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalHoldingSAMemberifrsfullConsolidatedStructuredEntitiesAxis_PAifrsfullGeographicalAreasAxis"
      id="ixv-93630">Cervecer&#xed;a Nacional S. de R.L. - Complejo Business Park, Costa del Este Torre Oeste, Piso No.2 - Panam&#xe1;</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaNacionalHoldingSAMemberifrsfullConsolidatedStructuredEntitiesAxis_PAifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93631"
      unitRef="Unit_pure">0.6173</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaParaguayaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_PYifrsfullGeographicalAreasAxis"
      id="ixv-93632">Cervecer&#xed;a Paraguaya S.A. - Ruta Acceso Sur Km 30 s/ Desv&#xed;o a Villeta N&#xb0; 825</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_CerveceriaParaguayaSAMemberifrsfullConsolidatedStructuredEntitiesAxis_PYifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93633"
      unitRef="Unit_pure">0.5392</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_CompaniaCerveceraAmbevPeruSACMemberifrsfullConsolidatedStructuredEntitiesAxis_PEifrsfullGeographicalAreasAxis"
      id="ixv-93634">Compania Cervecera AmBev Peru S.A.C. - Av. Los Laureles Mza. A Lt. 4 del Centro Poblado Menor Santa Maria de Huachipa - Lurigancho (Chosica) - 25 - Lima</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93635"
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      contextRef="P01_01_2025To12_31_2025_PEifrsfullGeographicalAreasAxis_UnionDeCerveceriasPeruanasBackusYJohnstonSAAMemberifrsfullConsolidatedStructuredEntitiesAxis"
      id="ixv-93636">Uni&#xf3;n de Cervecer&#xed;as Peruanas Backus y Johnston S.A.A. - Av. Nicolas Ayllon 3986, Ate - 3 - Lima</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93637"
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      contextRef="P01_01_2025To12_31_2025_SabsaHoldingsLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZAifrsfullGeographicalAreasAxis"
      id="ixv-93638">SABSA Holdings (Pty) Ltd - 65 Park Lane, Sandown - 2001 - Johannesburg</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_TheSouthAfricanBreweriesPtyLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZAifrsfullGeographicalAreasAxis"
      id="ixv-93640">The South African Breweries (Pty) Ltd - 65 Park Lane, Sandown - 2146 - Johannesburg</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_KRWifrsfullGeographicalAreasAxis_OrientalBreweryCoLtdMemberifrsfullConsolidatedStructuredEntitiesAxis"
      id="ixv-93642">Oriental Brewery Co Ltd - 517, Yeongdong-daero, Gangam-gu, Seoul - Asem Tower 8th floor - Seoul</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93643"
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      id="ixv-93644">Compa&#xf1;&#xed;a Cervecera de Canarias S.A. - C/ Mali, 7 (38320 La Laguna - Santa Cruz de Tenerife)</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_COMPANIACERVECERADECANARIASSAMemberifrsfullConsolidatedStructuredEntitiesAxis_ESifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93645"
      unitRef="Unit_pure">0.5103</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis"
      id="ixv-93646">Anheuser-Busch InBev International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AnheuserbuschInbevInternationGmbhGesellschaftMitBeschrnkterHaftungGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis"
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      contextRef="P01_01_2025To12_31_2025_BEESGlobalAGMemberifrsfullConsolidatedStructuredEntitiesAxis_CHifrsfullGeographicalAreasAxis"
      id="ixv-93648">BEES Global AG - Suurstoffi 22 - 6343 - Rotkreuz</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93649"
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      contextRef="P01_01_2025To12_31_2025_CHifrsfullGeographicalAreasAxis_InterbrewInternationalGmbhMemberifrsfullConsolidatedStructuredEntitiesAxis"
      id="ixv-93650">Interbrew International GmbH - Suurstoffi 22 - 6343 - Rotkreuz</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93651"
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      contextRef="P01_01_2025To12_31_2025_TanzaniaBreweriesPlcMemberifrsfullConsolidatedStructuredEntitiesAxis_TZifrsfullGeographicalAreasAxis"
      id="Fact_155774960">Tanzania Breweries PLC - Uhuru Street, Plot No 79, Block AA, Mchikichini, Ilala District - Dar es Salaam</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      decimals="4"
      id="ixv-93653"
      unitRef="Unit_pure">0.3965</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_NileBreweriesLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_UGifrsfullGeographicalAreasAxis"
      id="ixv-93654">Nile Breweries Ltd - Plot M90 Yusuf Lule Road, Njeru - P.O. Box 762 - Jinja</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      decimals="4"
      id="ixv-93655"
      unitRef="Unit_pure">0.6176</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
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      contextRef="P01_01_2025To12_31_2025_AbInbevHoldingsLimitedMemberifrsfullConsolidatedStructuredEntitiesAxis_GBifrsfullGeographicalAreasAxis"
      id="ixv-93656">AB InBev Holdings Limited - Bureau, 90 Fetter Lane - EC4A 1EN - London</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93657"
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      id="ixv-93672">Anheuser-Busch InBev Worldwide Inc. - One Busch Place - MO 63118 - St. Louis</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93678">Anheuser-Busch North American Holding LLC - One Busch Place - MO 63118 - St. Louis</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93682">AB MAZ Holdings LLC - One Busch Place - MO 63118 - St. Louis</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_MetalContainerCorporationIncMemberifrsfullConsolidatedStructuredEntitiesAxis_USifrsfullGeographicalAreasAxis"
      id="ixv-93684">MCC Holding Company LLC - One Busch Place - MO 63118 - St. Louis</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93686">Cerveceria y Malteria Paysandu S.A. - Cesar Cortinas, 2037 - C.P. 11500 Montevideo</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93688">Anheuser-Busch InBev Vietnam Brewery Co., Ltd - 2 VSIP II-A, Street No.&#160;28 - 820000 - Tan Uyen Town, Binh Duong Province</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      id="ixv-93690">Zambian Breweries PLC - Plot No 6438, Mungwi Road - P.O. Box 31293 - Lusaka</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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    <bud:SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock contextRef="P01_01_2025To12_31_2025" id="ixv-77925"> &lt;div style="font-family: Arial; font-size: 9pt; margin-top: 14pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="color: rgb(89, 89, 89); letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;LIST OF THE MOST IMPORTANT COMPANIES CONSOLIDATED BY APPLYING THE EQUITY METHOD OF ACCOUNTING (ASSOCIATES) &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 6pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt;
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&lt;tr&gt;
&lt;td style="width: 98%; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="width: 1%; vertical-align: bottom; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt;
&lt;td style="font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;&#x2007;Name and registered office of associates&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td colspan="2" style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-weight:bolder;display:inline;"&gt;%&#160;economic&#160;interest&#160;as&lt;br/&gt; of 31&#160;December 2025&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-size: 1pt;"&gt;
&lt;td style="height: 3.75pt; font-family: Arial;"&gt;&lt;/td&gt;
&lt;td colspan="4" style="height: 3.75pt; font-family: Arial;"&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;France&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Soci&#xe9;t&#xe9; des brasseries et glaci&#xe8;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris&lt;/div&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Luxembourg&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg&lt;/div&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;27.50%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg&lt;/div&gt;&lt;div style="display:inline;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:6.6px"&gt;1&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;20.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Netherlands&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;50.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Turkey&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#xe7;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#xe7;elievler Istanbul&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.00%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;.&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: middle; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Zimbabwe&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(204, 204, 204); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&lt;div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt;
&lt;tr style="font-family: ARIAL; font-size: 8pt; page-break-inside: avoid;"&gt;
&lt;td style="vertical-align: top; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt; &lt;div style="font-family: Arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 8pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&lt;div style="display:inline;"&gt;Delta Corporation Limited - Sable House, Northridge Close, Borrowdale - P.O. Box BW 343 - Harare&lt;/div&gt;&lt;/div&gt;&lt;/div&gt; &lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid;"&gt;&#160;&#160;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt;
&lt;td style="text-align: right; vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;24.48%&lt;/div&gt;&lt;/td&gt;
&lt;td style="vertical-align: bottom; border-bottom-color: rgb(230, 183, 17); border-bottom-width: 1.5pt; border-bottom-style: solid; white-space: nowrap;"&gt;&lt;div style="font-family: Arial; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; &lt;div style="clear: both; max-height: 0px; text-indent: 0px;"&gt;&lt;/div&gt; &lt;div style="font-size: 50pt; margin-top: 0pt; margin-bottom: 0pt;text-indent: 0px;"&gt;&lt;div style="font-size: 50pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;&#160;&lt;/div&gt;&lt;/div&gt; &lt;div style="width: 26%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;text-indent: 0px;"&gt;&#160;&lt;/div&gt;
&lt;table cellpadding="0" cellspacing="0" style="text-align:start; width: 100%; font-family: Arial; font-size: 7pt; border-collapse: collapse; border-spacing: 0;text-indent: 0px;"&gt;
&lt;tr style="page-break-inside: avoid;"&gt;
&lt;td style="width: 2%; text-align: left; vertical-align: top;"&gt;&lt;div style="font-size: 75%; vertical-align: top;display:inline;font-size:5.8px"&gt;1&lt;/div&gt;&#160;&lt;/td&gt;
&lt;td style="text-align: left; vertical-align: top;"&gt; &lt;div style="text-align: justify; font-family: Arial; font-size: 7pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"&gt;&lt;div style="font-family: Arial; font-size: 7pt; letter-spacing: 0px; top: 0px;display:inline;"&gt;Related to Castel group. &lt;/div&gt;&lt;/div&gt; &lt;/td&gt; &lt;/tr&gt; &lt;/table&gt; </bud:SummaryOfNameAndRegisteredOfficeOfAssociatesAndJointVenturesTableTextBlock>
    <ifrs-full:AddressOfRegisteredOfficeOfEntity
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      id="Fact_155774947">Soci&#xe9;t&#xe9; des brasseries et glaci&#xe8;res internationales S.A. - 2 rue du Colonel Driant, 1er - 75008 - Paris</ifrs-full:AddressOfRegisteredOfficeOfEntity>
    <bud:ProportionOfOwnershipInterestInAssociateAndJointVenture
      contextRef="P01_01_2025To12_31_2025_FRifrsfullGeographicalAreasAxis_SocieteDesBrasseriesEtGlacieresInternationalesSaMemberifrsfullConsolidatedStructuredEntitiesAxis"
      decimals="4"
      id="ixv-93693"
      unitRef="Unit_pure">0.20</bud:ProportionOfOwnershipInterestInAssociateAndJointVenture>
    <ifrs-full:AddressOfRegisteredOfficeOfEntity
      contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingAngolaLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis"
      id="Fact_155774948">B.I.H. Brasseries Internationales Holding (Angola) Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg</ifrs-full:AddressOfRegisteredOfficeOfEntity>
    <bud:ProportionOfOwnershipInterestInAssociateAndJointVenture
      contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingAngolaLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93695"
      unitRef="Unit_pure">0.275</bud:ProportionOfOwnershipInterestInAssociateAndJointVenture>
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      contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis"
      id="Fact_155774949">B.I.H. Brasseries Internationales Holding Limited - 34-38 Avenue de la Libert&#xe9; - 1930 Luxembourg</ifrs-full:AddressOfRegisteredOfficeOfEntity>
    <bud:ProportionOfOwnershipInterestInAssociateAndJointVenture
      contextRef="P01_01_2025To12_31_2025_BihBrasseriesInternationalesHoldingLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_LUifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93697"
      unitRef="Unit_pure">0.20</bud:ProportionOfOwnershipInterestInAssociateAndJointVenture>
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      contextRef="P01_01_2025To12_31_2025_ABInBevEfesMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis"
      id="ixv-93698">AB InBev Efes B.V. - 1227 Strawinskylaan - 1077XX Amsterdam</ifrs-full:AddressOfRegisteredOfficeOfEntity>
    <bud:ProportionOfOwnershipInterestInAssociateAndJointVenture
      contextRef="P01_01_2025To12_31_2025_ABInBevEfesMemberifrsfullConsolidatedStructuredEntitiesAxis_NLifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93699"
      unitRef="Unit_pure">0.50</bud:ProportionOfOwnershipInterestInAssociateAndJointVenture>
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      contextRef="P01_01_2025To12_31_2025_AnadoluEfesBiracilikVeMaltSanayiiAsMemberifrsfullConsolidatedStructuredEntitiesAxis_TRifrsfullGeographicalAreasAxis"
      id="ixv-93700">Anadolu Efes Biracilik Ve Malt Sanayii A.S. - Bah&#xe7;elievler Mahallesi, Sehit Ibrahim Koparir Caddesi No.&#160;4, Bah&#xe7;elievler Istanbul</ifrs-full:AddressOfRegisteredOfficeOfEntity>
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      contextRef="P01_01_2025To12_31_2025_AnadoluEfesBiracilikVeMaltSanayiiAsMemberifrsfullConsolidatedStructuredEntitiesAxis_TRifrsfullGeographicalAreasAxis"
      decimals="4"
      id="ixv-93701"
      unitRef="Unit_pure">0.24</bud:ProportionOfOwnershipInterestInAssociateAndJointVenture>
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      contextRef="P01_01_2025To12_31_2025_DeltaCorporationLtdMemberifrsfullConsolidatedStructuredEntitiesAxis_ZWifrsfullGeographicalAreasAxis"
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